Traverse Life Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 91,685 | 83,680 | 8,005 | 5.6 | 38% |
| 2015 | 64,935 | 68,857 | −3,922 | 6.1 | 41% |
| 2016 | 112,646 | 130,306 | −17,660 | 1.6 | 31% |
| 2017 | 126,886 | 136,744 | −9,858 | 0.7 | 33% |
| 2018 | 134,618 | 132,263 | 2,355 | 0.9 | — |
| 2019 | 138,408 | 136,293 | 2,115 | 1.1 | — |
| 2020 | 144,400 | 125,521 | 18,879 | 3.0 | — |
| 2021 | 228,785 | 156,611 | 72,174 | 7.8 | 29% |
| 2022 | 227,317 | 182,304 | 45,013 | 9.6 | 29% |
| 2023 | 270,147 | 202,225 | 67,922 | 12.7 | 32% |
In its most recent public year (2023), this organization brought in $67,922 more than it spent. Its reserves stood at about 12.7 months of spending, up from 5.6 in 2014. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Traverse Life Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works