Traverse Area Recreation & Transportation Trails Inc
- Assets
- $8.1m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 19
- Location
- Traverse City, MI
- Founding
- 01/1990
- Data as of
- 09/2022
- EIN
- 38-2847396
Organization Overview
Traverse Area Recreation & Transportation Trails Inc, operating under the name Tart Trails Inc, is located in Traverse City, MI. The organization was established in 1990. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Tart Trails Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tart Trails Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Tart Trails Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $2.2m during the year ending 09/2022. While expenses have increased by 18.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AND PROMOTE A TRAIL NETWORK THAT ENRICHES PEOPLE AND COMMUNITIES THROUGHOUT THE GREATER REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TART TRAILS, INC., EST. 1998, BUILDS, MANAGES, & SUPPORTS A NETWORK OF NEARLY 100 MILES OF NON-MOTORIZED TRAILS IN GRAND TRAVERSE AND LEELANAU COUNTIES. WE CONTINUE TO WORK TO CONNECT REGIONAL TRAIL NETWORKS BY BUILDING TRAILS, PRESERVING OPEN SPACE CORRIDORS, AND ADVOCATING FOR HEALTHY LIVING AND OUTDOOR RECREATION. OUR LONG-TERM VISION IS THAT NORTHWEST LOWER MICHIGAN WILL BE CONNECTED BY WORLD-CLASS TRAILS, BIKEWAYS, AND PEDESTRIAN-FRIENDLY STREETS LINKING PEOPLE TO THE BEAUTY OF THE AREA YEAR-ROUND. THE AREA WILL BE KNOWN FOR ITS NATURAL SURROUNDINGS, ACTIVE, HEALTHY OUTDOOR LIFESTYLES, AND VIBRANT TOWN CENTERS WHERE EVERYONE HAS SUSTAINABLE TRANSPORTATION OPTIONS. WE WILL BE A WORLD-RENOWNED OUTDOOR RECREATION AND FOUR-SEASON DESTINATION. OUR BOARD, STAFF AND HUNDREDS OF VOLUNTEERS WORK EVERYDAY TOWARD ACHIEVING THIS VISION. IN 2022, THE TRAILS HOSTED 350,000+ VISITS. WE CONSTRUCTED 4 MILES OF TRAIL WITH ANOTHER 24 MILES UNDER DESIGN. VOLUNTEERS CONTRIBUTED 8,000+ HRS TO HELP MAINTAIN THE TRAILS & SUPPORT PROGRAMMING. MAJOR PROJECTS INCLUDED COMPLETING CONSTRUCTION OF THE BOARDMAN LAKE LOOP IN TRAVERSE CITY, CONNECTING COMMUNITIES IN ACME TOWNSHIP WITH A NEW CONNECTOR TRAIL AND WORKING WITH THE NATIONAL PARK SERVICE & PARTNERS ON THE SLEEPING BEAR HERITAGE TRAIL IN LEELANAU COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Clark Chief Executive Officer | Officer | 40 | $90,469 |
Ross Hammersley President | OfficerTrustee | 4 | $0 |
Meg Ackerman Vice President | OfficerTrustee | 4 | $0 |
Linda Cline Treasurer | OfficerTrustee | 4 | $0 |
Jessica Alpers Secretary | OfficerTrustee | 4 | $0 |
Chris Gallagher Past President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,817 |
| Related organizations | $0 |
| Government grants | $1,209,994 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,698,621 |
| Noncash contributions included in lines 1a–1f | $49,493 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,915,432 |
| Total Program Service Revenue | $0 |
| Investment income | $1,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,633 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,931,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,469 |
| Compensation of current officers, directors, key employees. | $9,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $662,778 |
| Pension plan accruals and contributions | $36,048 |
| Other employee benefits | $53,808 |
| Payroll taxes | $57,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $176,910 |
| Advertising and promotion | $10,955 |
| Office expenses | $31,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,712 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,672 |
| Insurance | $13,924 |
| All other expenses | -$46,454 |
| Total functional expenses | $2,188,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,808,429 |
| Pledges and grants receivable | $1,070,574 |
| Accounts receivable, net | $1,080 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,981 |
| Net Land, buildings, and equipment | $1,233,010 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,125,074 |
| Accounts payable and accrued expenses | $275,741 |
| Grants payable | $0 |
| Deferred revenue | $536,907 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,851,313 |
| Total liabilities | $3,663,961 |
| Net assets without donor restrictions | $1,953,348 |
| Net assets with donor restrictions | $2,507,765 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,125,074 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Traverse Area Recreation & Transportation Trails Inc has recieved totaling $98,087.
| Awarding Organization | Amount |
|---|---|
Grand Traverse Regional Community Foundation Traverse City, MI PURPOSE: REC:RECREATION & SPORTS | $26,660 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $25,450 |
Consumers Energy Foundation Jackson, MI PURPOSE: SLEEPING BEAR HERITAGE TRAIL:PATHWAY TO GOOD HARBOR | $25,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: ACME CONNECTOR TRAIL | $10,000 |
Great Lakes People Fund Boyne City, MI PURPOSE: ACME CONNECTOR TRAIL | $10,000 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Riverfront Conservancy Inc Detroit, MI | $162,240,177 | $18,294,537 |
Detroit 300 Conservancy Detroit, MI | $4,896,723 | $5,340,808 |
Park Glen Corporation Columbus, OH | $3,224,171 | $4,744,005 |
Friends Of@sauk Prairie Parks And Recreation Inc Sauk City, WI | $5,893,890 | $2,059,173 |
Dte Beacon Park Foundation Detroit, MI | $11,952,865 | $120,651 |
Cincinnati Parks Foundation Cincinnati, OH | $20,775,378 | $5,802,905 |
Traverse Area Recreation & Transportation Trails Inc Traverse City, MI | $8,125,074 | $2,931,318 |
Ice Age Trail Alliance Cross Plains, WI | $12,975,124 | $3,561,895 |
Friends Of Hoyt Park Wauwatosa, WI | $6,559,517 | $1,528,114 |
Camp Jorn Young Mens Christian Association Manitowish Waters, WI | $14,142,692 | $2,178,716 |
Lake Minehaha Owners Association Inc Portage, IN | $1,097,994 | $1,270,955 |
Kalamazoo County Parks And Recreation Development Foundation Kalamazoo, MI | $588,846 | $1,070,772 |