Trustlab is located in Portland, OR. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trustlab is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Trustlab generated $80.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $63.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 TRUSTLAB ESTABLISHED RELATIONSHIPS WITH POLICE AND COMMUNITY, AND WITH INDIVIDUALS AND ORGANIZATIONS WHO UNDERSTAND HOW TO HEAL TRAUMA AND BUILD TRUST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Mcnair Board Member, CEO | 20 | $20,000 | |
Vince Jones-Dixon Chair | 3 | $0 | |
Dana Walton Macaulay Treasurer | 1 | $0 | |
Ben Harris Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,048 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,048 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,569 |
Professional fees and other payments to independent contractors | $20,717 |
Occupancy, rent, utilities, and maintenance | $3,300 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,339 |
Total expenses | $63,925 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,732 |
Other assets | $0 |
Total assets | $45,645 |
Total liabilities | $0 |
Net assets or fund balances | $45,645 |