Traverse Connect Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 913,969 | 877,615 | 36,354 | 0.5 | 95% |
| 2017 | 906,155 | 878,932 | 27,223 | 0.9 | 97% |
| 2018 | 952,594 | 976,525 | −23,931 | 0.5 | 86% |
| 2019 | 1,040,930 | 1,169,279 | −128,349 | -0.9 | 79% |
| 2020 | 2,419,450 | 2,321,336 | 98,114 | 7.2 | 56% |
| 2021 | 2,568,804 | 2,276,734 | 292,070 | 8.9 | 59% |
| 2022 | 2,417,660 | 2,413,569 | 4,091 | 7.9 | 63% |
| 2023 | 2,665,185 | 2,790,170 | −124,985 | 6.3 | 57% |
In its most recent public year (2023), this organization spent $124,985 more than it brought in. Its reserves stood at about 6.3 months of spending, up from 0.5 in 2016. Staff pay was 57% 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 Connect Inc'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