Actuate Boise Inc

Nonprofit profile at a glance

EIN
464479930
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2014
Location
Boise, ID, USA
Phone
2083445483
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Official website

Reported finances

Revenue
$685,412
Expenses
$813,003
Assets
$53,003
Liabilities
$121,299

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • TIAM RASTEGAR (FORMER CEO AND ED)
  • JACOB GRINWIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TIAM RASTEGAR (FORMER CEO AND ED): $168,290 total reported compensation
  • JACOB GRINWIS (EXECUTIVE DIRECTOR): $86,865 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Trailhead provides a range of programming offerings to trailhead members and the broader boise community. The objective is to help entrepreneurs develop the skills and make connections that will help increase the likelihood their businesses will succeed. Our programs are categorized by membership, general program, and miscellaneous events.

What it reported doing in 2025

Boise startup week (bsw) is trailhead's flagship annual event and one of the largest entrepreneurship-focused programming initiatives in the pacific northwest, convening founders, investors, mentors, and community members over the course of a multi-day celebration of entrepreneurship in the boise region. In fy2025, bsw incurred $218,616 in program expenses and distributed $123,000 in grants and sponsorship support to co-presenting organizations and program partners. The event features educational sessions, networking opportunities, pitch competitions, and community activations designed to strengthen the regional entrepreneurial ecosystem. Bsw draws participants from across Idaho and the broader mountain west, serving as a significant driver of visibility and economic activity for boise's startup community.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 73
  • Accountability: 79
  • Sustainability: 5
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.4%; rating input score 81
  • Program expense ratio: 68.2%; rating input score 68
  • Fundraising efficiency: $18.71 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 83.1%; rating input score 83; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -18.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 2.29; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 31.4%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 8.3% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: -5.2% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 81.4% of revenue deployed · 68.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $555K in reported program spending
  • Leadership: top reported pay $168K · 12 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.