Trebic INC EIN 56-2121548

Trebic INC

EIN  56-2121548 Business league / trade association Greensboro, NC Founded 1999
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Advocates for community problem-solving and protecting private property rights.
Leadership
Jonathan Hardister · Director/President · $150K
Money in and out
$555K revenue, $487K expenses
Bottom line
+12% operating surplus

Advocates for community problem-solving and protecting private property rights. For fiscal year 2025 it reported $555K in revenue, $487K in expenses, and $209K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$555K
Pt VIII · Ln 12
Total expenses
$487K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Operating surplus
+12%
revenue over expenses▲ +520% vs prior filing year
Earned revenue
15%
of revenue from program services & dues▲ +48% vs prior filing year
Payroll share
68%
of spending is salaries & benefits▲ +67% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$555K
FY2025▲ +20%
Expenses
$487K
FY2025▲ +2%
Total assets
$369K
FY2025▲ +32%
Total liabilities
$159K
FY2025▲ +15%
Total revenue
$555K
Pt VIII · Ln 12
Total expenses
$487K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$67K
Total assetsPt X · Ln 16$369K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $446K of program spending, described in the organization's own filed words · FY2025.
01

General meetings and dinners which involve an average of 20 members in attendance to meet and discuss areas of concern in the real estate sales, building, development, finance, management and leasing in the guilford county area.

$446Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrebic INC
EINHdr · item D56-2121548
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jwww.trebic.org
Year of formationHdr · item L1999
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFNov 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director/President
$150,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Jonathan Hardister’s $150K as Director/President is at the 91st percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jonathan Hardister$150,000$91,705
Jon Lowder$100,000$150,000$27,877
Marlene Sanford$94,605$109,436

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$470K · 85%
Program service revenue$83K · 15%
Contributions & grants85%$470K
Program service revenue15%$83K
Investment income$107
Other revenue$1K
Total revenueLn 12$555K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$446K
Management & general8%$41K
Total functional expensesLn 25$487K

Balance Sheet

Part X · end of year
CashLn 1$365K
Total assetsLn 16$369K
Total liabilitiesLn 26$159K
Total net assetsLn 32$209K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $365K · Operating expenses/yr $487K
9.0 months
Where the money goes
Program services
Program services $446K · Total expenses $487K
92%
Management & General
Management & general $41K · Total expenses $487K
8%
Fundraising
Fundraising $0 · Total expenses $487K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $415K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $470K · Total revenue $555K
85%
Government reliance
Government grants — · Total revenue $555K
Earned-income share
Program service revenue $83K · Total revenue $555K
15%
Investment reliance
Investment income $107 · Total revenue $555K
0%
Program self-sufficiency
Program service revenue $83K · Total expenses $487K
17%
Growth & trend
Revenue growth (YoY)
This year $555K · Prior year $464K
+20%
Revenue CAGR
FY2020 $374K · FY2025 $555K
+8%
Net-asset trend (YoY)
End of year $209K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $555K · Expenses $487K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $369K
Net-asset ratio
Net assets $209K · Total assets $369K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $369K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jonathan Hardister · Reported title DIRECTOR/PRESIDENT · Highest reported compensation $150K · Total expenses $487K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $333K · Total expenses $487K
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Revenue growth 20%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$555K revenue · viewing · ⤓ 990 PDF
FY2024$464K revenue · ⤓ 990 PDF
FY2023$474K revenue · ⤓ 990 PDF
FY2022$419K revenue · ⤓ 990 PDF
FY2021$363K revenue · ⤓ 990 PDF
FY2020$374K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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