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Nonprofit · EIN 23-7113692

GRAND TRAVERSE EDUCATIONAL FOUNDATION INC

Tax-exempt · TRAVERSE CITY, MI 49684

Financials

$405K$286K2023$1.3M$352K2024
Revenue Expenses · by fiscal year end
Financials of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,328,621$351,771$976,850$8,893,503$0$8,893,503
December 31, 2023990$405,182$285,983$119,199$7,926,120$0$7,926,120
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$415,644
Program service revenue
$0
Investment income
$911,207
Royalties
$3,406
Net rental income
-$16,708
Net gain from sales of assets
$682,197
Other revenue
$1,770

Expenses

Grants and similar amounts paid
$280,150
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$15,909
Program services (functional)
$302,650
Management and general (functional)
$49,121

Balance sheet and other

Total assets, start of year
$7,926,120
Total assets, end of year
$8,893,503
Total liabilities, end of year
$0
Net assets, end of year
$8,893,503
Land, buildings and equipment
$913,584
Publicly traded securities
$7,697,594
Net assets without donor restrictions
$1,441,257
Net assets with donor restrictions
$7,452,246
Gross receipts
$4,203,398
Employees
0
Volunteers
8
Year formed
1971
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DENNIS BRODEURPRESIDENT
Trustee or director, Officer
1$0
AL ZELINSKITREASURER
Trustee or director, Officer
1$0
JEFF CONNOLLYVICE PRESIDENT
Trustee or director, Officer
1$0
CHRISTOPHER ELLALASINGHAMTRUSTEE
Trustee or director
1$0
JERRY JENKINSTRUSTEE
Trustee or director
1$0
LORI ERHARDTTRUSTEE
Trustee or director
1$0
MICHAEL BUELLTRUSTEE
Trustee or director
1$0
TERRY PAQUETTRUSTEE
Trustee or director
1$0
WAYNE MUELLEREXECUTIVE DIRECTOR
Officer
25$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgs
WAYNE MUELLEREXECUTIVE DIRECTOR
Officer
25$0$20,000
DENNIS BRODEURPRESIDENT
Trustee or director, Officer
1$0$0
AL ZELINSKITREASURER
Trustee or director, Officer
1$0$0
JEFF CONNOLLYVICE PRESIDENT
Trustee or director, Officer
1$0$0
CHRISTOPHER ELLALASINGHAMTRUSTEE
Trustee or director
1$0$0
JERRY JENKINSTRUSTEE
Trustee or director
1$0$0
LORI ERHARDTTRUSTEE
Trustee or director
1$0$0
MICHAEL BUELLTRUSTEE
Trustee or director
1$0$0
TERRY PAQUETTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
123 E ELEVENTH ST, TRAVERSE CITY, MI 49684-3260
In care of
% WAYNE MUELLER
Principal officer (990 for 2024)
WAYNE MUELLER, 123 E ELEVENTH STREET, TRAVERSE CITY, MI 49684
Signed the 990
WAYNE MUELLER, EXECUTIVE DIRECTOR
Phone
(231) 995-8428
Return prepared by
DGN LLC

Mission

TO AWARD GRANTS TO STUDENTS OF NEEDY FAMILIES AND SCHOLARSHIPS TO GIFTED CHILDREN ATTENDING GRAND TRAVERSE AREA CATHOLIC SCHOOLS IN TRAVERSE CITY, MI.

990 for the year ended December 31, 2024

Program accomplishments

  • AWARDED GRANTS TO STUDENTS OF NEEDY FAMILIES ATTENDING GRAND TRAVERSE AREA CATHOLIC SCHOOLS IN TRAVERSE CITY, MI, ALSO AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE IN 2024.
    Expenses $280,150 · grants $280,150
  • SALARY SUPPORT FOR GRAND TRAVERSE AREA CATHOLIC SCHOOLS
    Expenses $22,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7113692
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B820)
Assets (IRS master file)
$8,893,503
Income (IRS master file)
$4,203,398

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,328,621$351,771$8,893,503XML
990-TDecember 2024–––IRS
990December 2023$405,182$285,983$7,926,120XML
990-TDecember 2023–––IRS
990December 2022$454,764$273,818$7,098,360IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7113692).

Questions about GRAND TRAVERSE EDUCATIONAL FOUNDATION INC

What is the EIN of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC is 23-7113692.
Is GRAND TRAVERSE EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to GRAND TRAVERSE EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRAND TRAVERSE EDUCATIONAL FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAND TRAVERSE EDUCATIONAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names WAYNE MUELLER.
Who are the officers and directors of GRAND TRAVERSE EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does GRAND TRAVERSE EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,328,621, expenses of $351,771 and total assets of $8,893,503 at year end.

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