Transit System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,154,181 | 1,175,792 | −21,611 | 13.3 | 49% |
| 2012 | 1,182,308 | 1,270,540 | −88,232 | 11.5 | 47% |
| 2013 | 1,217,751 | 1,190,861 | 26,890 | 12.5 | 45% |
| 2014 | 933,551 | 1,080,289 | −146,738 | 12.2 | 48% |
| 2015 | 1,247,089 | 1,077,470 | 169,619 | 14.1 | 47% |
| 2016 | 1,079,622 | 1,027,768 | 51,854 | 15.4 | 46% |
| 2017 | 1,179,946 | 1,071,299 | 108,647 | 16.0 | 46% |
| 2018 | 1,225,775 | 1,077,008 | 148,767 | 17.6 | 44% |
| 2019 | 1,129,146 | 1,135,424 | −6,278 | 16.6 | 43% |
| 2020 | 1,311,716 | 1,093,470 | 218,246 | 19.6 | 44% |
| 2021 | 1,869,763 | 1,335,262 | 534,501 | 20.9 | 43% |
| 2022 | 1,527,372 | 1,326,141 | 201,231 | 22.8 | 42% |
| 2023 | 2,056,492 | 1,513,066 | 543,426 | 24.3 | 40% |
In its most recent public year (2023), this organization brought in $543,426 more than it spent. Its reserves stood at about 24.3 months of spending, up from 13.3 in 2011. Staff pay was 40% of spending.
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
Transit System Inc'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