Civic Intelligence

Traverse City Convention and Visitors Bureau Education Foundati

990 • Fiscal year 2021 • EIN 38-3223846

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 21, 2022

Organization Profile
101 W Grandview PrkwyTraverse City, MI 49684

(231) 947-1120

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

2.03x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

21.27x

Higher debt load relative to revenue than 100% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

1st percentile

-312%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

21st percentile

-3.1%

Faster asset growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

45th percentile

8.6%

Faster revenue growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$942,173

Down $29,706 (-3.1%) from 2020

Net Assets

Down

-$973,318

Down $280,656 (-41%) from 2020

Liabilities

Up

$1,915,491

Up $250,950 (+15%) from 2020

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$90,070

Up $7,122 (+8.6%) from 2020

Expenses

Up

$370,726

Up $3,948 (+1.1%) from 2020

Net Income

Up

-$280,656

Up $3,174 (+1.1%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $1,203,171Liabilities 2010: $571,721Net Assets 2010: $631,4502010Assets 2011: $1,163,636Liabilities 2011: $543,099Net Assets 2011: $620,5372011Assets 2012: $1,138,057Liabilities 2012: $522,637Net Assets 2012: $615,4202012Assets 2013: $1,131,526Liabilities 2013: $503,519Net Assets 2013: $628,0072013Assets 2014: $1,076,884Liabilities 2014: $473,303Net Assets 2014: $603,5812014Assets 2015: $1,039,344Liabilities 2015: $439,748Net Assets 2015: $599,5962015Assets 2016: $919,053Liabilities 2016: $661,798Net Assets 2016: $257,2552016Assets 2017: $940,824Liabilities 2017: $766,110Net Assets 2017: $174,7142017Assets 2018: $911,129Liabilities 2018: $1,037,478Net Assets 2018: -$126,3492018Assets 2019: $928,953Liabilities 2019: $1,337,785Net Assets 2019: -$408,8322019Assets 2020: $971,879Liabilities 2020: $1,664,541Net Assets 2020: -$692,6622020Assets 2021: $942,173Liabilities 2021: $1,915,491Net Assets 2021: -$973,3182021Assets 2022: $1,145,883Liabilities 2022: $2,482,038Net Assets 2022: -$1,336,1552022Assets 2023: $1,168,113Liabilities 2023: $3,023,251Net Assets 2023: -$1,855,1382023Assets 2024: $1,099,718Liabilities 2024: $3,349,634Net Assets 2024: -$2,249,9162024

Highlighted filing

2021

Assets$942,173
Liabilities$1,915,491
Net Assets-$973,318
Open 2021 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $163,0572010Expenses 2011: $144,8782011Expenses 2012: $142,3392012Revenue 2013: $158,058Expenses 2013: $145,471Net Income 2013: $12,5872013Revenue 2014: $178,979Expenses 2014: $203,405Net Income 2014: -$24,4262014Revenue 2015: $130,861Expenses 2015: $134,846Net Income 2015: -$3,9852015Revenue 2016: $128,891Expenses 2016: $342,665Net Income 2016: -$213,7742016Revenue 2017: $212,633Expenses 2017: $295,174Net Income 2017: -$82,5412017Revenue 2018: $96,395Expenses 2018: $397,458Net Income 2018: -$301,0632018Revenue 2019: $101,935Expenses 2019: $384,418Net Income 2019: -$282,4832019Revenue 2020: $82,948Expenses 2020: $366,778Net Income 2020: -$283,8302020Revenue 2021: $90,070Expenses 2021: $370,726Net Income 2021: -$280,6562021Revenue 2022: $102,655Expenses 2022: $465,492Net Income 2022: -$362,8372022Revenue 2023: $107,562Expenses 2023: $626,545Net Income 2023: -$518,9832023Revenue 2024: $244,896Expenses 2024: $639,674Net Income 2024: -$394,7782024

Highlighted filing

2021

Revenue$90,070
Expenses$370,726
Net Income-$280,656
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 21, 2022
Return Version
2021v4.0
Gross Receipts
$90,070
Mission and Program Overview

Mission

Educate the public about tourism in the grand traverse area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$939,779$919,200▼ $20,579
Accounts Receivable$21,619$17,359▼ $4,260
Prepaid Expenses and Deferred Charges$4,627$3,428▼ $1,199
Cash and Non-Interest-Bearing Accounts$5,854$2,186▼ $3,668
Total Assets$971,879$942,173▼ $29,706
Liabilities
Other Liabilities$1,395,865$1,678,743▲ $282,878
Mortgage Notes Payable Secured by Investment Property$260,817$225,478▼ $35,339
Accounts Payable and Accrued Expenses$7,859$11,270▲ $3,411
Total Liabilities$1,664,541$1,915,491▲ $250,950
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-692,662$-973,318▼ $280,656
Total Net Assets Fund Balance$-692,662$-973,318▼ $280,656
Total Liabilities and Net Assets / Fund Balance$971,879$942,173▼ $29,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$514,384$756,596$1,270,980
Land$395,677-$395,677
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Justin MortierPresident
Ron RobinsonTrustee
Trevor TkachTrustee
Fritz HellerImmediate Pa
Rob RodenrothSecretary
Jonathan PackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$89,426
Investment Income
$0
Other Revenue
$644
Change in Net Assets
$-280,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$370,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$134,096-$134,096
Interest-$75,017-$75,017
Depreciation Depletion-$48,827-$48,827
Occupancy-$11,975-$11,975
Insurance-$3,902-$3,902
Office Expenses-$1,042-$1,042
Other Expenses-$366-$366
All Other Expenses-$20-$20
Total Functional Expenses$0$370,726$0$370,726
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Related Organization$1,678,729
Sales Tax Payable$14
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The board of directors for the related tax exempt 501(c) (6) organization, the traverse city convention & visitors bureau, elect from among themselves those who will serve on the education foundation's board of trustees.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the president when presented by the foundation's auditing and tax preparation firm and made available to the members of the board on request.”

Form 990, Page 6, Part VI, Line 12C

“Conflicts of interest are reviewed annually as well as on an as needed basis during a regularly scheduled meeting of the governing board.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Traverse City Convention and
EIN
38-3223846
Phone
2319471120
Address
101 W GRANDVIEW PRKWY, TRAVERSE CITY, MI 49684

Signing Officer

Name
Jonathan Pack
Title
Treasurer
Phone
2319471120
Signed
2022-09-21

Organization Details

Principal Officer
Justin Mortier
Formed
1995
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
100

Preparer

Firm
Tobin & Co Pc
Address
2301 GARFIELD RD N, TRAVERSE CITY, MI 49686
Preparer
Jonathan J Poortenga
Phone
2319470151
Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07859
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011270
IRS990/AccountsReceivableGrp/BOYAmt021619
IRS990/AccountsReceivableGrp/EOYAmt017359
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATE THE PUBLIC ABOUT TOURISM IN THE GRAND TRAVERSE AREA
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt020
IRS990/AllOtherExpensesGrp/TotalAmt020
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0TREVOR TKACH
IRS990/BooksInCareOfDetail/PhoneNum02319471120
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 W GRANDVIEW PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRAVERSE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049684
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05854
IRS990/CashNonInterestBearingGrp/EOYAmt02186
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0370726
IRS990/CYOtherRevenueAmt0644
IRS990/CYProgramServiceRevenueAmt089426
IRS990/CYRevenuesLessExpensesAmt0-280656
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0370726
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt090070
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt048827
IRS990/DepreciationDepletionGrp/TotalAmt048827
IRS990/Desc0TO ADVANCE AND PROMOTE THE GENERAL UNDERSTANDING OF THE PUBLIC CONCERNING THE HISTORICAL, CULTERAL, SOCIAL AND ECONOMIC ASPECTS OF THE GRAND TRAVERSE REGION. IN THE YEAR 2020 WE ASSISTED THOUSANDS OF VISITORS THAT WERE LOOKING FOR TRAVERSE CITY INFORMATION AND PROVIDED TUITION ASSISTANCE THROUGH THE USE OF SCHOLORSHIPS TO SELECTED STUDENTS SEEKING FURTHER EDUCATION IN THE HOSPITALITY/TOURISM INDUSTRY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0134096
IRS990/FeesForServicesManagementGrp/TotalAmt0134096
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0RON ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm1TREVOR TKACH
IRS990/Form990PartVIISectionAGrp/PersonNm2FRITZ HELLER
IRS990/Form990PartVIISectionAGrp/PersonNm3JUSTIN MORTIER
IRS990/Form990PartVIISectionAGrp/PersonNm4JONATHAN PACK
IRS990/Form990PartVIISectionAGrp/PersonNm5ROB RODENROTH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt090070
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03902
IRS990/InsuranceGrp/TotalAmt03902
IRS990/InterestGrp/ManagementAndGeneralAmt075017
IRS990/InterestGrp/TotalAmt075017
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0895969
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0939779
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0919200
IRS990/LandBldgEquipCostOrOtherBssAmt01815169
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATE THE PUBLIC ABOUT TOURISM IN THE GRAND TRAVERSE AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0260817
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0225478
IRS990/NetAssetsOrFundBalancesBOYAmt0-692662
IRS990/NetAssetsOrFundBalancesEOYAmt0-973318
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-692662
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-973318
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011975
IRS990/OccupancyGrp/TotalAmt011975
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01042
IRS990/OfficeExpensesGrp/TotalAmt01042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MANTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2VOLUNTEER PROMOTIONS
IRS990/OtherExpensesGrp/Desc3EXHIBIT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt046912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt146539
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3366
IRS990/OtherExpensesGrp/TotalAmt046912
IRS990/OtherExpensesGrp/TotalAmt146539
IRS990/OtherExpensesGrp/TotalAmt22030
IRS990/OtherExpensesGrp/TotalAmt3366
IRS990/OtherLiabilitiesGrp/BOYAmt01395865
IRS990/OtherLiabilitiesGrp/EOYAmt01678743
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0644
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0644
IRS990/OtherRevenueTotalAmt0644
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04627
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03428
IRS990/PrincipalOfficerNm0JUSTIN MORTIER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0AFFILIATED BLDG & EQU RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt089426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt089426
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0140
IRS990/PYOtherExpensesAmt0366778
IRS990/PYOtherRevenueAmt01049
IRS990/PYProgramServiceRevenueAmt081759
IRS990/PYRevenuesLessExpensesAmt0-283830
IRS990/PYTotalExpensesAmt0366778
IRS990/PYTotalRevenueAmt082948
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-280656
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02,558
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1PART II, LINE 10 - OTHER INCOME MISCELLANEOUS REVENUE RECEIVED FROM VENDING MACHINE SALES AND OTHER MISCELLANEOUS SOURCES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011576
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07007
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0129868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0148451
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0165
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0140
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt089426
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0457
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0467
IRS990ScheduleA/OtherIncome170Grp/TotalAmt091984
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61690
IRS990ScheduleA/PublicSupportPY170Pct00.98150
IRS990ScheduleA/PublicSupportTotal170Amt0148451
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07007
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0129868
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0148451
IRS990ScheduleA/TotalSupportAmt0240649
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt049
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt049
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0514384
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0756596
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01270980
IRS990ScheduleD/LandGrp/BookValueAmt0395677
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0395677
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01678729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO RELATED ORGANIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0910061
IRS990ScheduleD/TotalLiabilityAmt01678743
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS FOR THE RELATED TAX EXEMPT 501(C) (6) ORGANIZATION, THE TRAVERSE CITY CONVENTION & VISITORS BUREAU, ELECT FROM AMONG THEMSELVES THOSE WHO WILL SERVE ON THE EDUCATION FOUNDATION'S BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT WHEN PRESENTED BY THE FOUNDATION'S AUDITING AND TAX PREPARATION FIRM AND MADE AVAILABLE TO THE MEMBERS OF THE BOARD ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY AS WELL AS ON AN AS NEEDED BASIS DURING A REGULARLY SCHEDULED MEETING OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TC CONVENTION & VISITORS BUREAU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0382582585
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MARKETING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0101 W GRANDVIEW PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TRAVERSE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0496842252
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt056700
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1134096
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2225478
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST ACCOUNTING
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2PROMISSORY NOTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TC CONVENTION & VISITORS BUREAU
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1TC CONVENTION & VISITORS BUREAU
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2TC CONVENTION & VISITORS BUREAU
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2E
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0971879
IRS990/TotalAssetsEOYAmt0942173
IRS990/TotalAssetsGrp/BOYAmt0971879
IRS990/TotalAssetsGrp/EOYAmt0942173
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0370726
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0370726
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01664541
IRS990/TotalLiabilitiesEOYAmt01915491
IRS990/TotalLiabilitiesGrp/BOYAmt01664541
IRS990/TotalLiabilitiesGrp/EOYAmt01915491
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-692662
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-973318
IRS990/TotalProgramServiceRevenueAmt089426
IRS990/TotalRevenueGrp/ExclusionAmt090070
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090070
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0971879
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0942173
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 W GRANDVIEW PRKWY
IRS990/USAddress/CityNm0TRAVERSE CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049684
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN PACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02319471120
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAVERSE CITY CONVENTION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VISITOR'S BUREAU EDUCATION FOUNDATI
ReturnHeader/Filer/BusinessNameControlTxt0TRAV
ReturnHeader/Filer/EIN0383223846
ReturnHeader/Filer/PhoneNum02319471120
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 W GRANDVIEW PRKWY
ReturnHeader/Filer/USAddress/CityNm0TRAVERSE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049684
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382595646
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOBIN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02301 GARFIELD RD N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRAVERSE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049686
ReturnHeader/PreparerPersonGrp/PhoneNum02319470151
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN J POORTENGA
ReturnHeader/ReturnTs02022-09-21T15:19:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JONATHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PACK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$942,173
Liabilities
$1,915,491
Net assets
-$973,318
Revenue
$90,070
Expenses
$370,726
Net income
-$280,656
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$3.35$2.25$0.24$0.64$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.17$3.02$1.86$0.11$0.63$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.15$2.48$1.34$0.10$0.47$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.94$1.92$0.97$0.09$0.37$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.97$1.66$0.69$0.08$0.37$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.93$1.34$0.41$0.10$0.38$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.91$1.04$0.13$0.10$0.40$0.30
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.77$0.17$0.21$0.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.92$0.66$0.26$0.13$0.34$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.44$0.60$0.13$0.13$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.47$0.60$0.18$0.20$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.13$0.50$0.63$0.16$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.52$0.62$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.54$0.62$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.57$0.63$0.16