Logo for "GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION"

GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION

GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION

Traverse City, MI, US
501(c)3
EIN
38-3056434
DAF Sponsor
Community Foundation
Regional Funder
Logo for "GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION"

GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION

Traverse City, MI, US
501(c)3
EIN
38-3056434
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$9,865,307

Other
42%
Investments
31%
Contributions
27%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$5,441,697

Grants
69%
Salaries & Benefits
21%
Fees to Service Providers
3%
Other
3%
Offices, Occupancy & IT
2%
Advertising & Promotion
2%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,260,688
$2,678,180
+112%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,513,451
$3,011,808
+20%
Other
$1,159,212
$4,175,319
+260%
Total Revenues
$4,933,351
$9,865,307
+100%
Expenses
2023
2024
Change
Grants
$3,554,989
$3,766,943
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,066,251
$1,131,140
+6%
Fees to Service Providers
$173,505
$175,462
+1%
Advertising & Promotion
$115,444
$95,549
-17%
Offices, Occupancy & IT
$132,176
$132,457
+0%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$160,715
$140,146
-13%
Total Expenses
$5,203,080
$5,441,697
+5%
Net income
2023
2024
Change
Net income
-$269,729
+$4,423,610
-1740%
Functional Expenses
Summary
2023
2024
Change
Program
$4,049,721
$4,287,187
+6%
Admin
$472,294
$463,718
-2%
Fundraising
$681,065
$690,792
+1%
Total Expenses
$5,203,080
$5,441,697
+5%
Income Statement
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