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Michigan · Nonprofit

TRAVERSE CONNECT

TRAVERSE CONNECT (Michigan) receives grants from 2 organizations whose IRS filings report $12,500 to it, the largest being NATIONAL DEFENSE INDUSTRIAL ASSOCIATION ($7,500). 0 of them have funded it in more than one year.

Revenue FY2025
$3.5M
Funders on record
2
Grants received
$13k
Net assets
$1.6M
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Traverse Connect does

Mission

Advance economic vitality of the grand traverse region through growth of family-sustaining careers.

As stated on its FY2025 Form 990.

Programs

  1. Traverse Connect investors support the organizations efforts to create a unified regional strategy for economic and community development, grow and attract second stage businesses, and develop and attract a talented workforce. The organization served approximately 950 members throughout the year.

    $455,451 spent$870,652 earned by the program
    14% of program spending
  2. Annual events hosted by Traverse Connect include networking opportunities, regional development and educational events, and professional development programs. The organization served approximately 7,000 participants throughout the year.

    $1,415,772 spent$1,307,143 earned by the program
    43% of program spending
  3. Economic development identifies and facilitates economic development opportunities within the region for the benefit of the region's economy and its residents.

    $1,452,369 spent$195,322 earned by the program
    44% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,323,592.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($906k) Expenses 100 ($879k) Net assets 100 ($64k)2018 Revenue 105 ($953k) Expenses 111 ($977k) Net assets 62 ($40k)2019 Revenue 115 ($1.0M) Expenses 133 ($1.2M) Net assets -140 ($-88703)2020 Revenue 267 ($2.4M) Expenses 264 ($2.3M) Net assets 2187 ($1.4M)2021 Revenue 283 ($2.6M) Expenses 259 ($2.3M) Net assets 2646 ($1.7M)2022 Revenue 267 ($2.4M) Expenses 275 ($2.4M) Net assets 2499 ($1.6M)2023 Revenue 294 ($2.7M) Expenses 317 ($2.8M) Net assets 2302 ($1.5M)2024 Revenue 326 ($3.0M) Expenses 335 ($2.9M) Net assets 2448 ($1.6M)2025 Revenue 383 ($3.5M) Expenses 386 ($3.4M) Net assets 2572 ($1.6M)
'17'18'19'20'21'22'23'24'25
Revenue (383)Expenses (386)Net assets (2572)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $205k to $2.6M (+1183%).

$73k
$145k
$205k
$2.6M
$2.8M
$2.4M
$2.5M
$2.6M
$2.9M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 13%. Grants only. Government contracts and fees sit inside program revenue.

30% of TRAVERSE CONNECT’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$27k
’17
−$24k
’18
−$128k
’19
$98k
’20
$292k
’21
$4k
’22
−$125k
’23
$10k
’24
$78k
’25
3.2
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.

Chief executive

Warren Call

President/CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed999252527292829
Joined·+2+1+19+6+5+2+2+7
No longer listed·21363036
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Left out of every figure on this page: $28k from one payer (the payer shares this organization's board, largest The Right Place Inc). These are real filings, and they are not money TRAVERSE CONNECT raised.

From the IRS filings of TRAVERSE CONNECT’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

TRAVERSE CONNECT leans on a few funders — its largest provides 60% of grant income and the top three 100%; half comes from just 1 funder.

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

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRAVERSE CONNECT.

60%
largest funder
100%
top three
~2
effective funders

“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

TRAVERSE CONNECT draws 60% of its grant income from funders outside Michigan, across 2 states in all.

MI
VA

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

Against its field

TRAVERSE CONNECT has grown faster than half of the 2,299 community improvement nonprofits its size.

Operating margin2% · below the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025

Organizations like TRAVERSE CONNECT

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

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

26
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Traverse Connect-Pac · exempt
  • Traverse Connect Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TRAVERSE CONNECT: 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.

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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 TRAVERSE CONNECT?
TRAVERSE CONNECT (Michigan) receives grants from 2 organizations whose IRS filings report $12,500 to it, the largest being NATIONAL DEFENSE INDUSTRIAL ASSOCIATION ($7,500). 0 of them have funded it in more than one year.
How many funders does TRAVERSE CONNECT have?
IRS filings report 2 organizations giving $12,500 in grants to TRAVERSE CONNECT.
Who is the largest funder of TRAVERSE CONNECT?
NATIONAL DEFENSE INDUSTRIAL ASSOCIATION is the largest funder on record, with $7,500 in grants. The full list of funders is on this page.
How can an organization like TRAVERSE CONNECT 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 Traverse Connect →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing