ZUnclassifiedEIN: 382847396· Ruling Year: 1990

Traverse Area Recreation & Transportation Trails Inc

Traverse City, Michigan

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.94×
Peer Median15.40×
💰
$2.0M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$4.3M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.5%
Year-over-year change (2022 → 2023)
Net Margin
-10.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.94
Net assets divided by total expenses
Liabilities-to-Assets
46.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,978,76532%$2,192,913$8,012,0341%
2022$2,931,31874%$2,188,47164%$8,125,0743%
2021$1,680,86332%$1,334,399$8,344,73226%
2020$2,463,172152%$1,332,75410%$6,609,45745%
2019$978,15133%$1,473,06786%$4,555,55512%
2018$1,461,86536%$792,5545%$4,073,99020%
2017$1,073,59240%$757,13112%$3,393,72113%
2016$766,34922%$673,0342%$3,010,74412%
2015$628,4591%$656,98923%$2,696,05011%
2014$624,93130%$532,899$3,013,51816%
2013$480,34437%$531,41511%$2,606,78414%
2012$758,11714%$476,7553%$2,281,77113%
2011$667,656$489,547$2,014,808

Frequently Asked Questions

What does Traverse Area Recreation & Transportation Trails Inc do?

Traverse Area Recreation & Transportation Trails Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Traverse Area Recreation & Transportation Trails Inc financially healthy?

Based on our 9-metric Financial Health Score model, Traverse Area Recreation & Transportation Trails Inc has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Traverse Area Recreation & Transportation Trails Inc generate?

Traverse Area Recreation & Transportation Trails Inc reports $4.7M in annual revenue and holds $10.1M in total assets, based on IRS filings.

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