Traverse Connect Inc
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,665,185↑10% | $2,790,170↑16% | $2,525,151↑4% | — |
| 2022 | $2,417,660↓6% | $2,413,569↑6% | $2,424,230↓13% | — |
| 2021 | $2,568,804↑6% | $2,276,734↓2% | $2,790,788↑6% | — |
| 2020 | $2,419,450↑132% | $2,321,336↑99% | $2,635,226↑1183% | — |
| 2019 | $1,040,930↑9% | $1,169,279↑20% | $205,319↑41% | — |
| 2018 | $952,594↑5% | $976,525↑11% | $145,116↑98% | — |
| 2017 | $906,155↓1% | $878,932 | $73,243↑64% | — |
| 2016 | $913,969 | $877,615 | $44,695 | — |
Frequently Asked Questions
What does Traverse Connect Inc do?▼
Traverse Connect Inc is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Traverse Connect Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Traverse Connect Inc has a score of 68/100 (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 Connect Inc generate?▼
Traverse Connect Inc reports $3.0M in annual revenue and holds $2.6M in total assets, based on IRS filings.
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