Traveler Fund
Traveler Fund shows strong asset growth and minimal expenses, with zero reported officer compensation.
EIN: 116567697 · Bath, ME · NTEE: T22 · Updated: 2026-03-28
Is Traveler Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Traveler Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Traveler Fund
Traveler Fund (EIN: 116567697) is a nonprofit organization based in Bath, ME, classified under NTEE code T22. The organization reported total revenue of $15K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Traveler Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Traveler Fund with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Traveler Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Traveler Fund consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Traveler Fund:
- Consistent asset growth, from $46,008 in 2011 to $182,329 in 2023.
- Extremely low reported expenses relative to revenue, such as $1,239 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Very low liabilities, consistently reported as $1 or $0, demonstrating strong financial stability.
- Significant revenue increase in 2023 to $42,263, suggesting growing support.
Frequently Asked Questions about Traveler Fund
Is Traveler Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Traveler Fund (EIN: 116567697) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Traveler Fund spend its money?
Traveler Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Traveler Fund tax-deductible?
Traveler Fund is registered as a tax-exempt nonprofit (EIN: 116567697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Traveler Fund a good charity?
Based on the provided financial data, Traveler Fund appears to be a very good charity. It exhibits strong financial health with growing assets, extremely low liabilities, and minimal expenses, especially in recent years. The consistent reporting of zero officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has Traveler Fund's financial health changed over time?
Traveler Fund's financial health has significantly improved over time. Assets have grown from $46,008 in 2011 to $182,329 in 2023. While revenue has fluctuated, expenses have remained remarkably low, particularly in the last two reported periods ($1,239 in 2023 and $1,137 in 2022), indicating increasing efficiency and financial stability.
What is the primary use of Traveler Fund's revenue?
Given the extremely low reported expenses relative to revenue (e.g., $1,239 expenses on $42,263 revenue in 2023), it suggests that a very high percentage of Traveler Fund's revenue is either directly applied to program services or retained to build organizational assets for future program delivery, rather than being consumed by administrative or fundraising costs.
Filing History
IRS 990 filing history for Traveler Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Traveler Fund's revenue has grown by 5642.3%, moving from $736 to $42K. Total assets increased by 296.3% over the same period, from $46K to $182K. Total functional expenses fell by 79.2%, from $6K to $1K. In its most recent filing year (2023), Traveler Fund reported a surplus of $41K, with revenue exceeding expenses. The organization holds $1 in liabilities against $182K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $182K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $1K | $182K | $1 | — | — |
| 2022 | $15K | $1K | $160K | $1 | — | View 990 |
| 2021 | $7K | $20K | $151K | $1 | — | — |
| 2020 | $6K | $25K | $139K | $1 | — | View 990 |
| 2019 | $5K | $28K | $145K | $1 | — | View 990 |
| 2015 | $27K | $21K | $102K | $1 | — | View 990 |
| 2014 | $29K | $7K | $96K | $1 | — | View 990 |
| 2013 | $23K | $14K | $74K | $1 | — | View 990 |
| 2012 | $1K | $4K | $50K | $1 | — | View 990 |
| 2011 | $736 | $6K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $1K, and assets of $182K (revenue +190.2% year-over-year).
- 2022: Revenue of $15K, expenses of $1K, and assets of $160K (revenue +101.8% year-over-year).
- 2021: Revenue of $7K, expenses of $20K, and assets of $151K (revenue +14.6% year-over-year).
- 2020: Revenue of $6K, expenses of $25K, and assets of $139K (revenue +38.6% year-over-year).
- 2019: Revenue of $5K, expenses of $28K, and assets of $145K (revenue -83.3% year-over-year).
- 2015: Revenue of $27K, expenses of $21K, and assets of $102K (revenue -6.1% year-over-year).
- 2014: Revenue of $29K, expenses of $7K, and assets of $96K (revenue +23.3% year-over-year).
- 2013: Revenue of $23K, expenses of $14K, and assets of $74K (revenue +2195.7% year-over-year).
- 2012: Revenue of $1K, expenses of $4K, and assets of $50K (revenue +38.7% year-over-year).
- 2011: Revenue of $736, expenses of $6K, and assets of $46K.
Data Sources and Methodology
This transparency report for Traveler Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.