Traverse City Center Of Entrepreneurship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 629,947 | 250,565 | 379,382 | 18.2 | 44% |
| 2019 | 570,843 | 537,580 | 33,263 | 9.2 | 45% |
| 2020 | 368,085 | 841,274 | −473,189 | -0.9 | 54% |
| 2021 | 975,371 | 792,710 | 182,661 | 1.8 | 51% |
| 2022 | 1,044,952 | 1,028,416 | 16,536 | 2.1 | 46% |
| 2023 | 1,141,785 | 1,150,295 | −8,510 | 1.8 | 43% |
In its most recent public year (2023), this organization spent $8,510 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 18.2 in 2018. Staff pay was 43% 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 City Center Of Entrepreneurship'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