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LITTLE TRAVERSE BAY FOUNDATION

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Tax-exempt status may be revoked

LITTLE TRAVERSE BAY FOUNDATION

EIN 84-4165681 · Public Transportation Systems (W40)

What they do

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.

Before you give

Should I give to this charity?

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

101.35%of revenue went to mission work96.5% of expenses · Program services
$105.05spent for every $100 of revenueSpending was higher than revenue this year.
3.70%of revenue went to management and office costs3.5% of expenses
$0.64in assets for every $1 spent this yearSome assets cannot be spent right away.
56.3%of its money came from giftsOther money may come from services or investments.

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,571 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$90,494
Mission workProgram services$91,716101.35% of revenue96.5% of expenses
ManagementOffice and general costs$3,3493.70% of revenue3.5% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$95,065105.05% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 96.5% mission · 3.5% management · 0.0% fundraisingTotal expenses: 105.05% of revenue
2020Expense mix: 83.2% mission · 15.1% management · 1.7% fundraisingTotal expenses: 69.94% of revenue

Money in and money out

Revenue$90,494
Expenses$95,065
Annual shortfall $4,571 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$91,716 · 96.5% of expenses
Management and office costs$3,349 · 3.5% of expenses
See all reported dollar amounts
Revenue$90,494
Expenses$95,065
Assets$60,494
Income$217,926
Contributions$50,970
Mission work (program services)$91,716
Management and general$3,349
People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

BRAD RELLINGERSECRETARY

CHIP EVERESTTREASURER

CHRIS CHAMBERLAINPRESIDENT

About this charity

Recognized since
April 2020
Location
3621 JEFFERSON HWY, GRAND LEDGE, MI 48837
County
Eaton
In care of
CHRIS CHAMBERLAIN
Primary officer
CHRIS CHAMBERLAIN, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
January 1, 2021
Return type
990
Tax preparer
RASMUSSEN TELLER & CARON PC
NTEE classification
Public Transportation Systems (W40)
IRS tax category
Public Transportation Systems
Revocation date
May 15, 2025

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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