Grand Traverse Regional Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,230,166 | 1,194,092 | 3,036,074 | 452.4 | 19% |
| 2012 | 7,113,356 | 2,430,791 | 4,682,565 | 256.1 | 10% |
| 2013 | 8,469,070 | 8,009,074 | 459,996 | 78.0 | 4% |
| 2014 | 6,027,540 | 6,383,191 | −355,651 | 97.9 | 5% |
| 2015 | 2,809,904 | 3,399,700 | −589,796 | 174.1 | 10% |
| 2016 | 5,124,530 | 3,295,223 | 1,829,307 | 195.7 | 11% |
| 2017 | 4,377,594 | 3,352,705 | 1,024,889 | 218.4 | 13% |
| 2018 | 6,729,928 | 3,742,411 | 2,987,517 | 185.4 | 15% |
| 2019 | 4,928,465 | 4,630,638 | 297,827 | 176.1 | 13% |
| 2020 | 17,926,283 | 5,129,814 | 12,796,469 | 210.8 | 11% |
| 2021 | 9,434,552 | 4,743,236 | 4,691,316 | 263.3 | 14% |
| 2022 | 5,051,685 | 4,956,807 | 94,878 | 208.6 | 14% |
| 2023 | 4,933,351 | 5,203,080 | −269,729 | 221.5 | 16% |
In its most recent public year (2023), this organization spent $269,729 more than it brought in. Its reserves stood at about 221.5 months of spending, down from 452.4 in 2011. Staff pay was 16% of spending. $94,558,090 of its net assets are donor-restricted.
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
Grand Traverse Regional Community Foundation'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