Traverse City Track Club

Legal name: Road Runners Club of America Traverse City Track Club Inc

Nonprofit profile at a glance

EIN
382432591
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Traverse City, MI, United States
Phone
2317144745
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$882,921
Expenses
$940,922
Assets
$1,066,845
Liabilities
$630,018

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Janice Beyer (President)
  • Kelly Slater (Vice President)

Highest reported compensation

  • Lindsay McLaughlin (Executive Dir.): $90,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and encourage health, fitness, fellowship, community service, family recreation and competition via running and walking. We welcome all ages and abilities.

What it reported doing in 2024

Charitable gifts: tc track club is actively involved in supporting local schools, organizations, and individuals related to running. Through the events traverse city track club hosts, we are able to generously give back to our community. To date, the amount we have granted has exceeded the $2 million mark. Some of the past recipients include: traverse city area public schools cross country and track & field programs, grand traverse area catholic schools, grand traverse academy, tart trails inc., north american vasa, city of traverse city hickory hills, mt. Holiday, the munson healthcare foundation's cancer patient care needs fund, peninsula township, the grand traverse conservation district, and the seeds ecology and education centers. Traverse city track club also established an endowment with the grand traverse regional community foundation, and the northwestern Michigan college nmc foundation which will fund grants and scholarships for many years to come. Scholarships: the traverse city track club is dedicated to support students for whom the mission of our organization is an integral part of their lives that they receive financial assistance to continue to develop their talents and excel in higher education. The scholarship is available to graduating high school seniors or current college students from antrim, benzie, grand traverse, kalkaska, or leelanau counties. These outstanding tctc scholars receive scholarship awards up to $4,000 to pursue higher education at colleges and universities across the nation.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 86
  • Accountability: 84
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.2%; rating input score 91
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.2%; rating input score 94; 41st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.6%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • What they do: 16 programs and campaigns described on the official site · 5 operating locations identified
  • Where the money goes: 91.2% of revenue deployed · 86.6% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $814K in reported program spending
  • Leadership: top reported pay $90K · 14 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.