Overview
What is Trace International Inc?
Trace International Inc is a nonprofit organization situated in Annapolis, Maryland, with a workforce of 40 individuals. Their primary mission is to promote commercial transparency globally and elevate anti-bribery compliance standards worldwide. To accomplish this, they offer an extensive online training platform and multilingual library to their members. This resource provides access to comprehensive and refresher courses on crucial compliance issues such as bribery, money laundering, human trafficking, and economic sanctions. By leveraging gamification, Trace International Inc enhances learner retention, ensuring their anti-bribery training is effective and engaging.
Official website here: www.traceinternational.org
Is Trace International Inc legitimate?
Trace International Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Trace International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,349,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,240,617
For more financial information, click here
Official website here: www.traceinternational.org
What is the mission statement of Trace International Inc?
Trace International Inc's mission is centered around advancing commercial transparency and enhancing anti-bribery compliance standards globally. The organization strives to achieve this objective by providing its members with access to a customizable online training platform and a multilingual online training library. This library contains full-length and refresher courses, covering crucial compliance issues such as bribery, money laundering, human trafficking, and economic sanctions. The updated anti-bribery training employs gamification techniques to improve learner retention and engagement.
Official website here: www.traceinternational.org
What is the revenue of Trace International Inc?
Trace International Inc's revenue in 2023 was $5,594,369.
Official website here: www.traceinternational.org
Who are the executives of Trace International Inc and what are their salaries?
The average compensation at Trace International Inc during 2023 was $87,555. There are 41 employees at Trace International Inc.
Here are 11 key members and their salaries:
- Compensation: $1,076,520
- Related: $0
- Other: $272,619
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $148,768
- Related: $0
- Other: $20,203
- Compensation: $268,895
- Related: $0
- Other: $22,032
- Compensation: $150,997
- Related: $0
- Other: $27,270
- Compensation: $120,548
- Related: $0
- Other: $49,630
- Compensation: $185,920
- Related: $0
- Other: $44,749
- Compensation: $169,518
- Related: $0
- Other: $45,030
Official website here: www.traceinternational.org
Where can I find the form 990 for Trace International Inc?
Trace International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.traceinternational.org
Learn more at the official website: www.traceinternational.org
Mission Statement of Trace International Inc
Trace International Inc is committed to advancing commercial transparency and raising anti-bribery compliance standards worldwide. Their mission is to contribute to a global marketplace that operates with integrity and adheres to ethical business practices. They achieve this by providing their members with access to a customizable training platform and a multilingual online training library. This library offers full-length and refresher courses on critical compliance issues such as bribery, money laundering, human trafficking, and economic sanctions. These courses are available in up to 29 languages, ensuring a wide reach and inclusivity. Trace International Inc also leverages gamification in their anti-bribery training to improve learner retention, ensuring that the message of ethical business practices is not only heard but also effectively internalized.
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Impact
October, 2024
Trace International Inc. significantly impacts global commerce by promoting commercial transparency and enhancing anti-bribery compliance standards. The organization provides a robust online training platform that offers customizable, multilingual training resources covering critical compliance issues such as bribery, money laundering, human trafficking, and economic sanctions. With courses available in up to 29 languages, Trace enables organizations worldwide to effectively educate their employees on complex compliance matters.
The incorporation of gamification in training also enhances learner engagement and retention, making it easier for individuals to absorb and apply essential compliance knowledge. By equipping members with effective training tools, Trace helps businesses mitigate risks associated with corruption and unethical practices, fostering a culture of integrity and accountability across international markets. This commitment to advancing compliance standards not only benefits individual organizations but also contributes to a more transparent and fair global business environment.
This information is meant to be a general summary of Trace International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $287,077
- Program Service Revenue: $5,280,584
- Gross Receipts: $9,027,669
Assets and Liabilities:
- Total Assets: $10,765,048
- Total Liabilities: $5,878,315
- Net Assets: $4,886,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,041,275
TRAINING PROGRAM
Revenue
$232,215
OTHER PROGRAM REVENUE
Revenue
$7,094
Organization Details
Founding Year
2002
Principal Officer
Alexandra Wrage
Website
www.traceinternational.orgNTEE Category
Code: S41 - Community improvement
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