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Michigan · Nonprofit

LITTLE TRAVERSE BAY FOUNDATION

LITTLE TRAVERSE BAY FOUNDATION (Michigan) receives grants from 5 organizations whose IRS filings report $17,580 to it, the largest being TIMOTHY AND SHEILA PATTON FAMILY CHARITABLE TRUST ($10,000). 0 of them have funded it in more than one year.

Revenue FY2021
$90k
Funders on record
5
Grants received
$18k
Net assets
$60k
0/5 repeat funderspeak grant-dependency 6%
01What it does

What Little Traverse Bay Foundation does

Mission

I) lessening the burdens of government and improving the environment by reducing fuel emissions by providing a ferry service between the cities of petoskey and harbor springs; (ii) providing access to the great lakes that otherwise may not be available to all in the community in northern michigan; (iii) providing water-based education and awareness of water resources and other aspects of the great lakes and the northern michigan community; and (iv) conducting all activities incidental or necessary to accomplish the foregoing purposes or otherwise permitted by section 50l(c)(3) of the code and the regulations promulgated thereunder.

As stated on its FY2021 Form 990.

Program

Providing water-based education and awareness of water resources and other aspects of the great lakes and the northern michigan community - in 2021 4,057 passengers were served.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($216k) Expenses 100 ($151k) Net assets 100 ($65k)2021 Revenue 42 ($90k) Expenses 63 ($95k) Net assets 93 ($60k)
20202021
Revenue (42)Expenses (63)Net assets (93)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $65k to $60k (−7%).

$65k
$60k
20202021
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

$65k
’20
−$5k
’21
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021
Listed33
Joined·+1
No longer listed·1
03Who funds it

Who funds it, year by year

2020 → 2022: the base narrowed from 3 funders to 2 funders, grant income fell $13k → $5k.

From the IRS filings of LITTLE TRAVERSE BAY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LITTLE TRAVERSE BAY FOUNDATION leans on a few funders — its largest provides 57% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2020 80% · 2022 98% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

71% of LITTLE TRAVERSE BAY FOUNDATION's grant income comes from Michigan funders.

MI
NY
NE

In-state vs out-of-state, by year

’20
’22
Michigan out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like LITTLE TRAVERSE BAY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for LITTLE TRAVERSE BAY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LITTLE TRAVERSE BAY FOUNDATION?
LITTLE TRAVERSE BAY FOUNDATION (Michigan) receives grants from 5 organizations whose IRS filings report $17,580 to it, the largest being TIMOTHY AND SHEILA PATTON FAMILY CHARITABLE TRUST ($10,000). 0 of them have funded it in more than one year.
How many funders does LITTLE TRAVERSE BAY FOUNDATION have?
IRS filings report 5 organizations giving $17,580 in grants to LITTLE TRAVERSE BAY FOUNDATION.
Who is the largest funder of LITTLE TRAVERSE BAY FOUNDATION?
TIMOTHY AND SHEILA PATTON FAMILY CHARITABLE TRUST is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like LITTLE TRAVERSE BAY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Little Traverse Bay →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2020–2021), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing