Traverse Area Recreation & Transportation Trails Inc is a 501(c)(3) organization based in Traverse City, Michigan, registered in 1990, with $4,655,572 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.7M
▲ 20.9% vs prior year
Expenses (FY2024)
$2.4M
Net assets
$8.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Traverse Area Recreation & Transportation Trails Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Traverse Area Recreation & Transportation Trails Inc: 41 mo reserves · +48% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Traverse Area Recreation & Transportation Trails Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Traverse Area Recreation & Transportation Trails Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $625K (FY2013) to $4.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
47.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.1M
Total liabilities
$1.8M
Net assets
$8.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,655,572▲20.9% | $2,423,371▲9.5% | $8,233,715▲39.6% | $10,081,348▲4.2% | 990 |
| 2023 | $3,851,307▲94.6% | $2,213,882▲1.0% | $5,897,920▲38.7% | $9,679,436▲20.8% | 990 |
| 2022 | $1,978,765▼32.5% | $2,192,913▲0.2% | $4,251,065▼4.7% | $8,012,034▼1.4% | 990 |
| 2021 | $2,931,318▲74.4% | $2,188,471▲64.0% | $4,461,113▲20.0% | $8,125,074▼2.6% | 990 |
| 2020 | $1,680,863▼31.8% | $1,334,399▲0.1% | $3,718,266▲10.3% | $8,344,732▲26.3% | 990 |
| 2019 | $2,463,172▲152% | $1,332,754▼9.5% | $3,371,802▲50.4% | $6,609,457▲45.1% | 990 |
| 2018 | $978,151▼33.1% | $1,473,067▲85.9% | $2,241,384▼19.4% | $4,555,555▲11.8% | 990 |
| 2017 | $1,461,865▲36.2% | $792,554▲4.7% | $2,779,996▲31.7% | $4,073,990▲20.0% | 990 |
| 2016 | $1,073,592▲40.1% | $757,131▲12.5% | $2,110,685▲17.6% | $3,393,721▲12.7% | 990 |
| 2015 | $766,349▲21.9% | $673,034▲2.4% | $1,794,224▲5.5% | $3,010,744▲11.7% | 990 |
| 2014 | $628,459▲0.6% | $656,989▲23.3% | $1,700,909▼1.6% | $2,696,050▼10.5% | 990 |
| 2013 | $624,931 | $532,899▲0.3% | $1,729,439▲5.6% | $3,013,518▲15.6% | 990 |
| 2012 | — | $531,415▲11.5% | $1,637,407▼3.0% | $2,606,784▲14.2% | 990 |
| 2011 | — | $476,755▼2.6% | $1,688,478▲25.1% | $2,281,771▲13.3% | 990 |
| 2010 | — | $489,547▲1.0% | $1,349,169▲14.9% | $2,014,808▲69.9% | 990 |
| 2009 | — | $484,474 | $1,173,740 | $1,186,067 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
40 grants to Traverse Area Recreation & Transportation Trails Inc totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Sports and recreation | 2024 | $27,600 |
| American Online Giving Foundation Inc | General support | 2024 | $16,119 |
| Community Foundation For Southeast Michigan | Recreation & sports | 2024 | $12,950 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| Community Foundation For Southeast Michigan | Recreation & sports | 2023 | $67,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $63,350 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $37,150 |
| American Endowment Foundation | Environmental | 2023 | $23,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $12,000 |
| American Online Giving Foundation Inc | General support | 2023 | $10,628 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $61,100 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $32,325 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $11,000 |
| The Chicago Community Trust | To support the sleeping bear heritage trail, support for the sleeping bear heritage trail, general operating support | 2022 | $10,000 |
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Data for Traverse Area Recreation & Transportation Trails Inc (EIN 38-2847396) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.