Civic Intelligence

Advance Transit Inc.

990T • Fiscal year 2023 • EIN 22-2558708

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 06, 2023

Organization ProfileWWW.ADVANCETRANSIT.COM
PO Box 1027Wilder, VT 05088

(802) 295-1824

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $9,980,845Liabilities 2011: $481,808Net Assets 2011: $9,499,0372011Assets 2012: $9,530,011Liabilities 2012: $352,973Net Assets 2012: $9,177,0382012Assets 2013: $9,631,550Liabilities 2013: $263,996Net Assets 2013: $9,367,5542013Assets 2014: $9,245,594Liabilities 2014: $283,571Net Assets 2014: $8,962,0232014Assets 2015: $8,789,091Liabilities 2015: $213,986Net Assets 2015: $8,575,1052015Assets 2016: $8,743,469Liabilities 2016: $281,486Net Assets 2016: $8,461,9832016Assets 2017: $9,368,585Liabilities 2017: $262,019Net Assets 2017: $9,106,5662017Assets 2018: $11,204,637Liabilities 2018: $263,147Net Assets 2018: $10,941,4902018Assets 2019: $14,117,959Liabilities 2019: $227,882Net Assets 2019: $13,890,0772019Assets 2020: $15,221,271Liabilities 2020: $1,018,229Net Assets 2020: $14,203,0422020Assets 2021: $16,089,126Liabilities 2021: $1,045,268Net Assets 2021: $15,043,8582021Assets 2022: $17,081,099Liabilities 2022: $254,663Net Assets 2022: $16,826,4362022Assets 2023: $18,671,790Liabilities 2023: $358,128Net Assets 2023: $18,313,6622023Assets 2024: $19,421,563Liabilities 2024: $358,586Net Assets 2024: $19,062,9772024

Latest loaded filing

2024

Assets$19,421,563
Liabilities$358,586
Net Assets$19,062,977
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $4,365,9222011Expenses 2012: $4,549,6632012Expenses 2013: $4,619,6092013Revenue 2014: $4,316,993Expenses 2014: $4,722,524Net Income 2014: -$405,5312014Revenue 2015: $4,387,516Expenses 2015: $5,012,553Net Income 2015: -$625,0372015Revenue 2016: $4,691,926Expenses 2016: $4,805,048Net Income 2016: -$113,1222016Revenue 2017: $5,485,230Expenses 2017: $4,840,648Net Income 2017: $644,5822017Revenue 2018: $6,699,371Expenses 2018: $4,864,447Net Income 2018: $1,834,9242018Revenue 2019: $8,396,717Expenses 2019: $5,448,130Net Income 2019: $2,948,5872019Revenue 2020: $6,435,643Expenses 2020: $6,122,678Net Income 2020: $312,9652020Revenue 2021: $7,196,962Expenses 2021: $6,356,146Net Income 2021: $840,8162021Revenue 2022: $7,862,543Expenses 2022: $6,079,965Net Income 2022: $1,782,5782022Revenue 2023: $8,660,374Expenses 2023: $7,173,802Net Income 2023: $1,486,5722023Revenue 2024: $9,004,490Expenses 2024: $8,257,263Net Income 2024: $747,2272024

Latest loaded filing

2024

Revenue$9,004,490
Expenses$8,257,263
Net Income$747,227
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 6, 2023
Return Version
2022v7.0
Mission and Program Overview

Mission

To assure continued livability and accessibility of upper valley communities by providing safe, effective and friendly public transportation services.

Filing and Contact Details

Filer

Filer Name
Advance Transit Inc
EIN
22-2558708
Phone
8022951824
Address
PO Box 1027, Wilder, VT 05088

Signing Officer

Name
Adams Carroll
Title
Executive Director
Phone
8022951824
Signed
2023-11-06
Discuss with paid preparer
Yes

Preparer

Firm
VeroffCPA PC
Address
174 Court St, Laconia, NH 03246
Preparer
Steven M Veroff CPA
Phone
6035278721
Raw XML Appendix86 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990T/BalanceDueAmt04015
IRS990T/BooksInCareOfDetail/PersonNm0Catherine Gazda
IRS990T/BooksInCareOfDetail/PhoneNum08022951824
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1027
IRS990T/BooksInCareOfDetail/USAddress/CityNm0Wilder
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd005088
IRS990T/BookValueAssetsEOYAmt018671790
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt02
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990TScheduleA/GrossProfitAmt014893
IRS990TScheduleA/GrossReceiptsOrSalesAmt014893
IRS990TScheduleA/NetAdvertisingIncomeAmt00
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt014893
IRS990TScheduleA/OtherIncomeAmt050051
IRS990TScheduleA/PrincipalBusinessActivityCd0541850
IRS990TScheduleA/PrincipalBusinessActivityCd1811000
IRS990TScheduleA/SalariesAndWagesAmt033142
IRS990TScheduleA/SalariesAndWagesAmt112684
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceReferenceNum12
IRS990TScheduleA/SequenceTotalNum02
IRS990TScheduleA/SequenceTotalNum12
IRS990TScheduleA/TotalDeductionsAmt033142
IRS990TScheduleA/TotalDeductionsAmt112684
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt050051
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt114893
IRS990TScheduleA/TotUnrltTrdBusIncmAmt050051
IRS990TScheduleA/TotUnrltTrdBusIncmAmt114893
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt10
IRS990TScheduleA/TradeOrBusinessDesc0Advertising signage on transit buses
IRS990TScheduleA/TradeOrBusinessDesc1Repairs for Hire
IRS990TScheduleA/UBIBeforeNOLDedAmt016909
IRS990TScheduleA/UBIBeforeNOLDedAmt12209
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt016909
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt12209
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt04015
IRS990T/TaxLessCreditsAmt04015
IRS990T/TotalTaxAmt04015
IRS990T/TotalTaxComputationAmt04015
IRS990T/TotalUBTIAmt019118
IRS990T/TotalUBTIBeforeNOLSpecificAmt019118
IRS990T/TotalUBTIBeforeSection199AAmt019118
IRS990T/TotalUBTIComputedAmt019118
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Adams Carroll
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08022951824
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Advance Transit Inc
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0222558708
ReturnHeader/Filer/PhoneNum08022951824
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1027
ReturnHeader/Filer/USAddress/CityNm0Wilder
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005088
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0923723175
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VeroffCPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0174 Court St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Laconia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003246
ReturnHeader/PreparerPersonGrp/PhoneNum06035278721
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven M Veroff CPA
ReturnHeader/ReturnTs02023-11-06T05:37:48-08:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Adams
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Carroll
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.4$0.36$19.1$9.00$8.26$0.75
2023Detailed filing. Detailed filing data is available for this year.$18.7$0.36$18.3$8.66$7.17$1.49
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2022Detailed filing. Detailed filing data is available for this year.$17.1$0.25$16.8$7.86$6.08$1.78
2021Detailed filing. Detailed filing data is available for this year.$16.1$1.05$15.0$7.20$6.36$0.84
2020Summary only. Only limited summary data is available for this year.$15.2$1.02$14.2$6.44$6.12$0.31
2019Summary only. Only limited summary data is available for this year.$14.1$0.23$13.9$8.40$5.45$2.95
2018Detailed filing. Detailed filing data is available for this year.$11.2$0.26$10.9$6.70$4.86$1.83
2017Detailed filing. Detailed filing data is available for this year.$9.37$0.26$9.11$5.49$4.84$0.64
2016Detailed filing. Detailed filing data is available for this year.$8.74$0.28$8.46$4.69$4.81$0.11
2015Detailed filing. Detailed filing data is available for this year.$8.79$0.21$8.58$4.39$5.01$0.63
2014Detailed filing. Detailed filing data is available for this year.$9.25$0.28$8.96$4.32$4.72$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.63$0.26$9.37$4.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.53$0.35$9.18$4.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$0.48$9.50$4.37