Civic Intelligence

Transit Initiatives Corporation

EIN 30-1284344 • 501(c)3 • Eagle, CO

Profile

Transit Initiatives facilitates access for safe passage and resettlement of at-risk individuals and families fleeing danger and persecution, prioritizing US government civilian partners, aid workers, civil society leaders, and other especially vulnerable groups.

PO Box 766Eagle, CO 81631

www.transitinitiatives.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

42nd percentile

-1.4%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

98%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,983 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$0

Down $1,983 (-100%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin42nd percentile

Revenue

Up

$139,156

Up $68,993 (+98%) from 2021

Expenses

Up

$141,139

Up $72,959 (+107%) from 2021

Net Income

Down

-$1,983

Down $3,966 (-200%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.5K$1.0K$500$0Assets 2021: $1,983Liabilities 2021: $0Net Assets 2021: $1,9832021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $70,163Expenses 2021: $68,180Net Income 2021: $1,9832021Revenue 2022: $139,156Expenses 2022: $141,139Net Income 2022: -$1,9832022

Highlighted filing

2022

Revenue$139,156
Expenses$141,139
Net Income-$1,983
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$139,156
Expenses
$141,139
Net income
-$1,983
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.39$1.41$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.70$0.68$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 27, 2023
Return Version
2022v5.0
Gross Receipts
$139,156
Mission and Program Overview

Mission

Transit Initiatives facilitates access for safe passage and resettlement of at-risk individuals and families fleeing danger and persecution, prioritizing US government civilian partners, aid workers, civil society leaders, and other especially vulnerable groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,983--
Total Assets$1,983$0▼ $1,983
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,983--
Total Net Assets Fund Balance$1,983$0▼ $1,983
Total Liabilities and Net Assets / Fund Balance$1,983$0▼ $1,983
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jeanne BriggsCo-Founder
Sara YimCo-Founder
Stacia GeorgeCo-Founder
Roseann CaseySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,366
Program Service Revenue
$134,790
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,366
Change in Net Assets
$-1,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$137,500$125-$137,500
Fees for Services Accounting-$1,500-$1,500
Information Technology-$1,158-$1,158
Fees for Services Legal-$617-$617
Total Functional Expenses$137,500$3,639$0$141,139
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Committee meeting documentation Part VI line 8B

“Committee meetings are documented by the secretary and the Organization maintains BOD meeting minutes.”

Form 990 governing body review Part VI line 11

“The governing body has access to the Form 990 prior to filing.”

Governing documents etc available to public Part VI line 19

“Documents available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Transit Initiatives Corporation
EIN
30-1284344
Address
PO Box 766, Eagle, CO 81631
Doing Business As
co Roseann Casey

Signing Officer

Name
Roseann Casey
Title
Secretary
Phone
9178643337
Signed
2023-07-27
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Lathrop Financial Services LLC
Address
PO Box 2098, Edwards, CO 81632-2098
Preparer
Mark Lathrop
Phone
9703162758
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

“The organization ceased operations in 2022.”

Raw XML Appendix311 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.

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IRS990/OtherExpensesGrp/Desc0Licenses and Fees
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-28
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ReturnHeader/ReturnTs02023-07-28T19:15:29-04:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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