Traverse Area Community Sailing
EIN: 383176833 · Traverse City, MI · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $477K |
| Total Expenses | $335K |
| Net Assets | $273K |
Is Traverse Area Community Sailing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Traverse Area Community Sailing
Traverse Area Community Sailing (EIN: 383176833) is a nonprofit organization based in Traverse City, MI, classified under NTEE code N67. The organization reported total revenue of $477K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Traverse Area Community Sailing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Traverse Area Community Sailing is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $321K |
| Total Expenses | $335K |
| Surplus / Deficit | $-14,575 |
| Total Assets | $283K |
| Total Liabilities | $10K |
| Net Assets | $273K |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Traverse Area Community Sailing reported a deficit of $15K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Traverse Area Community Sailing's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | -7.2% | -10.2% |
| 2022 | -24.6% | +24.6% | -28.5% |
| 2021 | +52.1% | +16.0% | +14.7% |
| 2020 | -6.8% | -1.1% | +0.7% |
| 2019 | -1.1% | +5.9% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Traverse Area Community Sailing has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Traverse Area Community Sailing with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Traverse Area Community Sailing
Is Traverse Area Community Sailing a legitimate charity?
Traverse Area Community Sailing (EIN: 383176833) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $477K. No red flags identified. Financial health grade: B.
How does Traverse Area Community Sailing spend its money?
Traverse Area Community Sailing reported $477K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Traverse Area Community Sailing tax-deductible?
Traverse Area Community Sailing is registered as a tax-exempt nonprofit (EIN: 383176833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Traverse Area Community Sailing located?
Traverse Area Community Sailing is headquartered in Traverse City, Michigan and files with the IRS under EIN 383176833. It is classified under NTEE code N67.
How many years of IRS 990 filings does Traverse Area Community Sailing have?
Traverse Area Community Sailing has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $477K in total revenue.
Filing History
IRS 990 filing history for Traverse Area Community Sailing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Traverse Area Community Sailing's revenue has grown by 98.6%, moving from $161K to $321K. Total assets increased by 126.1% over the same period, from $125K to $283K. Total functional expenses rose by 154.5%, from $132K to $335K. In its most recent filing year (2023), Traverse Area Community Sailing reported a deficit of $15K, with expenses exceeding revenue. The organization holds $10K in liabilities against $283K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $273K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $321K | $335K | $283K | $10K | — | — |
| 2022 | $259K | $361K | $315K | $22K | — | View 990 |
| 2021 | $344K | $290K | $440K | $34K | — | View 990 |
| 2020 | $226K | $250K | $384K | $32K | — | View 990 |
| 2019 | $243K | $253K | $381K | $6K | — | View 990 |
| 2018 | $245K | $239K | $394K | $8K | — | View 990 |
| 2017 | $277K | $237K | $390K | $11K | — | View 990 |
| 2016 | $262K | $219K | $340K | $2K | — | View 990 |
| 2015 | $243K | $267K | $312K | $17K | — | View 990 |
| 2014 | $251K | $190K | $327K | $7K | — | View 990 |
| 2013 | $293K | $202K | $261K | $2K | — | View 990 |
| 2012 | $201K | $153K | $169K | $2K | — | View 990 |
| 2011 | $161K | $132K | $125K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $321K, expenses of $335K, and assets of $283K (revenue +23.7% year-over-year).
- 2022: Revenue of $259K, expenses of $361K, and assets of $315K (revenue -24.6% year-over-year).
- 2021: Revenue of $344K, expenses of $290K, and assets of $440K (revenue +52.1% year-over-year).
- 2020: Revenue of $226K, expenses of $250K, and assets of $384K (revenue -6.8% year-over-year).
- 2019: Revenue of $243K, expenses of $253K, and assets of $381K (revenue -1.1% year-over-year).
- 2018: Revenue of $245K, expenses of $239K, and assets of $394K (revenue -11.5% year-over-year).
- 2017: Revenue of $277K, expenses of $237K, and assets of $390K (revenue +5.9% year-over-year).
- 2016: Revenue of $262K, expenses of $219K, and assets of $340K (revenue +7.6% year-over-year).
- 2015: Revenue of $243K, expenses of $267K, and assets of $312K (revenue -3.1% year-over-year).
- 2014: Revenue of $251K, expenses of $190K, and assets of $327K (revenue -14.3% year-over-year).
- 2013: Revenue of $293K, expenses of $202K, and assets of $261K (revenue +45.6% year-over-year).
- 2012: Revenue of $201K, expenses of $153K, and assets of $169K (revenue +24.5% year-over-year).
- 2011: Revenue of $161K, expenses of $132K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Traverse Area Community Sailing:
Data Sources and Methodology
This transparency report for Traverse Area Community Sailing 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.