Travelnitch Inc
Nonprofit profile at a glance
- EIN
- 852099449
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Monson, MA, USA
- Phone
- 4132842264
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $8,491
- Expenses
- $6,933
- Assets
- $12,099
- Liabilities
- $197
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Amanda Renna (Chair/CEO)
People named in this filing
- Kiera Leitner (Secretary)
- Amanda Renna (Chair/CEO)
- Dawn Ruffini (Member/Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Travelnitch is a 501(c)(3) public charity, inspiring kids through virtual and real-world travel. We spark a passion for the world through hands-on learning, encourage growth through virtual exploration, and bridge cultures through real world experience, all in an effort to transform the world through greater understanding & acceptance.
What it reported doing in 2024
Family Travel Grants: This program provides funding to families who might not otherwise have the access and opportunity to travel together. Our overarching goal is to connect young explorers with the wonders of travel through virtual adventures, day trips, and cultural excursions. All of our grant recipients must meet strict income guidelines to qualify.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.9%; rating input score 8
- Program expense ratio: 9.7%; rating input score 10
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.3%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 8.7%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -8% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 23.3% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 7.9% of revenue deployed · 9.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $675 in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.