Rural Transit Enterprises Coordinated Incorporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,371,772 | 18,206,426 | −834,654 | 5.4 | 32% |
| 2012 | 17,501,010 | 18,342,606 | −841,596 | 4.9 | 23% |
| 2013 | 14,769,282 | 15,310,894 | −541,612 | 5.5 | 26% |
| 2014 | 13,634,363 | 12,838,169 | 796,194 | 7.3 | 36% |
| 2015 | 15,263,343 | 13,399,383 | 1,863,960 | 8.6 | 41% |
| 2016 | 16,066,965 | 13,766,472 | 2,300,493 | 10.4 | 40% |
| 2017 | 15,729,714 | 14,546,489 | 1,183,225 | 10.8 | 43% |
| 2018 | 19,613,396 | 16,422,720 | 3,190,676 | 11.9 | 40% |
| 2019 | 17,158,191 | 17,493,512 | −335,321 | 10.9 | 38% |
| 2020 | 14,962,294 | 16,618,232 | −1,655,938 | 10.3 | 39% |
| 2021 | 22,186,586 | 17,222,463 | 4,964,123 | 13.4 | 33% |
| 2022 | 18,973,393 | 19,062,220 | −88,827 | 12.1 | 32% |
| 2023 | 22,672,811 | 19,698,862 | 2,973,949 | 13.5 | 36% |
In its most recent public year (2023), this organization brought in $2,973,949 more than it spent. Its reserves stood at about 13.5 months of spending, up from 5.4 in 2011. Staff pay was 36% of spending. $1,472,042 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rural Transit Enterprises Coordinated Incorporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works