Civic Intelligence

The Bus Coalition Inc

990 • Fiscal year 2021 • EIN 47-2723040

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

6919 Vista DriveWest Des Moines, IA 50266

(515) 440-6057

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.00x

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.00x

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

69th percentile

20%

Faster asset growth than 69% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

85%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$305,631

Up $50,450 (+20%) from 2020

Net Assets

Up

$305,631

Up $217,575 (+247%) from 2020

Liabilities

Down

$0

Down $167,125 (-100%) from 2020

Revenue

Up

$452,000

Up $207,575 (+85%) from 2020

Expenses

Up

$234,425

Up $44,395 (+23%) from 2020

Net Income

Up

$217,575

Up $163,180 (+300%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $11,099Liabilities 2014: $0Net Assets 2014: $11,0992014Assets 2015: $1,416Net Assets 2015: $1,4162015Assets 2016: $45,554Net Assets 2016: $45,5542016Assets 2017: $93,547Net Assets 2017: $93,5472017Assets 2018: $48,623Liabilities 2018: $02018Assets 2019: $123,961Liabilities 2019: $90,300Net Assets 2019: $33,6612019Assets 2020: $255,181Liabilities 2020: $167,125Net Assets 2020: $88,0562020Assets 2021: $305,631Liabilities 2021: $0Net Assets 2021: $305,6312021Assets 2022: $345,245Liabilities 2022: $192,587Net Assets 2022: $152,6582022Assets 2023: $360,254Liabilities 2023: $189,459Net Assets 2023: $170,7952023Assets 2024: $255,217Liabilities 2024: $45,972Net Assets 2024: $209,2452024

Highlighted filing

2021

Assets$305,631
Liabilities$0
Net Assets$305,631

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $39,500Expenses 2014: $28,401Net Income 2014: $11,0992014Revenue 2015: $23,839Expenses 2015: $35,621Net Income 2015: -$11,7822015Revenue 2016: $80,359Expenses 2016: $36,221Net Income 2016: $44,1382016Revenue 2017: $120,357Expenses 2017: $72,364Net Income 2017: $47,9932017Revenue 2018: $48,116Expenses 2018: $93,040Net Income 2018: -$44,9242018Revenue 2019: $133,626Expenses 2019: $148,588Net Income 2019: -$14,9622019Revenue 2020: $244,425Expenses 2020: $190,030Net Income 2020: $54,3952020Revenue 2021: $452,000Expenses 2021: $234,425Net Income 2021: $217,5752021Revenue 2022: $294,622Expenses 2022: $263,439Net Income 2022: $31,1832022Revenue 2023: $302,225Expenses 2023: $283,912Net Income 2023: $18,3132023Revenue 2024: $303,234Expenses 2024: $264,642Net Income 2024: $38,5922024

Highlighted filing

2021

Revenue$452,000
Expenses$234,425
Net Income$217,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$452,000
Mission and Program Overview

Mission

The objective of the organization is to increase federal funding for bus transit programs and promote bus transit as a reliable, environmentally and fiscally responsible mode of transportation for communities across the nation.

Working in concert with apta, ctaa, and other supporting organizations, to highlight the needs and benefits of bus transit and ensure bus programs are adequately funded at the federal level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$255,181$305,631▲ $50,450
Total Assets$255,181$305,631▲ $50,450
Liabilities
Deferred Revenue$167,125--
Total Liabilities$167,125$0▼ $167,125
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$88,056$305,631▲ $217,575
Total Net Assets Fund Balance$88,056$305,631▲ $217,575
Total Liabilities and Net Assets / Fund Balance$255,181$305,631▲ $50,450
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$452,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$217,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,425
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
Fees for Services Lobbying---$93,000
Fees for Services Management---$63,000
Fees for Services Other---$50,928
Fees for Services Accounting---$6,365
Conferences and Meetings---$6,143
Insurance---$2,510
Information Technology---$2,237
Office Expenses---$2,013
Other Expenses---$61
Total Functional Expenses$0$0$0$234,425
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$107,881
Current Year Nondeductible Lobbying and Political Cost$93,000
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI

Section b, line 12a - as of december 31, 2021, the organization did not have a conflict of interest policy in place. However, as of the date this return was filed, the organization has decided to put this policy into place for the future.

Form 990, Page 6, Part VI, Line 3

The organization has delegated executive director duties to ed redfern of redfern resources, inc.

Form 990, Page 6, Part VI, Line 6

The organization has the following classes of membership: member - any public or quasi-public entity who is a recipient or sub- recipient of federal funds and legally authorized to contract for or provide public transit services which includes bus service within its geographic area of a jurisdiction, such as a public transit agency, county, city, or town, may become a member of the coalition upon payment of dues. The voting representative at general membership meetings shall be the transit general manager or their designee, of any member. Associate member - any person, firm, private corporation or nonprofit corporation, commercial or civic club, or other organization having an interest in public transportation and pledging to support the mission statement set forth in the bylaws may become an associate member of this coalition upon application, under rules and regulations adopted by the board. Such associate members shall have the individual rights as established by the board except the right to vote and hold office.

Form 990, Page 6, Part VI, Line 7A

Members vote for the board of directors at the annual meeting. Additional or alternative nominations for consideration may be submitted by the members at the meeting.

Form 990, Page 6, Part VI, Line 7B

The bylaws may be amended only by vote of three-fifths of the total membership at any regular meeting or at any special meeting called for that purpose.

Form 990, Page 6, Part VI, Line 11B

Each board member is provided a copy of form 990 for review before final approval and submittal of the form 990 to the internal revenue service.

Form 990, Page 6, Part VI, Line 19

The public is able to view the organization's articles of incorporation, bylaws, financial statements, and tax returns upon request. These documents are available for the same period of time as described in internal revenue code section 6104 (d) for other public disclosure documents.

Filing and Contact Details

Filer

Filer Name
The Bus Coalition Inc
EIN
47-2723040
Phone
5154406057
Address
6919 VISTA DRIVE, WEST DES MOINES, IA 50266

Signing Officer

Name
Gary Rosenfeld
Title
Treasurer
Phone
5154406057
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Carpenter
Formed
2014
Legal Domicile
Ia
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Mhcs Pc
Address
1601 W LAKES PKWY STE 300, WEST DES MOINES, IA 50266
Preparer
Alexandra Kafer CPA
Phone
5152883279
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract svs - memb. Director 50,000 0 0 contracted services - other 928 0 0 total 50,928 0 0

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0305631
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt02013
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1STAFF EXPENSE
IRS990/OtherExpensesGrp/Desc2REGISTRATION FEES
IRS990/OtherExpensesGrp/TotalAmt06902
IRS990/OtherExpensesGrp/TotalAmt11266
IRS990/OtherExpensesGrp/TotalAmt261
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BILL CARPENTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0452000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0452000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0244425
IRS990/PYOtherExpensesAmt0190030
IRS990/PYRevenuesLessExpensesAmt054395
IRS990/PYTotalExpensesAmt0190030
IRS990/PYTotalRevenueAmt0244425
IRS990/ReconcilationRevenueExpnssAmt0217575
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt087080
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/CarriedOverAmt020801
IRS990ScheduleC/DuesAssessmentsAmt0272125
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt014881
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt093000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0107881
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION B, LINE 12A - AS OF DECEMBER 31, 2021, THE ORGANIZATION DID NOT HAVE A CONFLICT OF INTEREST POLICY IN PLACE. HOWEVER, AS OF THE DATE THIS RETURN WAS FILED, THE ORGANIZATION HAS DECIDED TO PUT THIS POLICY INTO PLACE FOR THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS DELEGATED EXECUTIVE DIRECTOR DUTIES TO ED REDFERN OF REDFERN RESOURCES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP: MEMBER - ANY PUBLIC OR QUASI-PUBLIC ENTITY WHO IS A RECIPIENT OR SUB- RECIPIENT OF FEDERAL FUNDS AND LEGALLY AUTHORIZED TO CONTRACT FOR OR PROVIDE PUBLIC TRANSIT SERVICES WHICH INCLUDES BUS SERVICE WITHIN ITS GEOGRAPHIC AREA OF A JURISDICTION, SUCH AS A PUBLIC TRANSIT AGENCY, COUNTY, CITY, OR TOWN, MAY BECOME A MEMBER OF THE COALITION UPON PAYMENT OF DUES. THE VOTING REPRESENTATIVE AT GENERAL MEMBERSHIP MEETINGS SHALL BE THE TRANSIT GENERAL MANAGER OR THEIR DESIGNEE, OF ANY MEMBER. ASSOCIATE MEMBER - ANY PERSON, FIRM, PRIVATE CORPORATION OR NONPROFIT CORPORATION, COMMERCIAL OR CIVIC CLUB, OR OTHER ORGANIZATION HAVING AN INTEREST IN PUBLIC TRANSPORTATION AND PLEDGING TO SUPPORT THE MISSION STATEMENT SET FORTH IN THE BYLAWS MAY BECOME AN ASSOCIATE MEMBER OF THIS COALITION UPON APPLICATION, UNDER RULES AND REGULATIONS ADOPTED BY THE BOARD. SUCH ASSOCIATE MEMBERS SHALL HAVE THE INDIVIDUAL RIGHTS AS ESTABLISHED BY THE BOARD EXCEPT THE RIGHT TO VOTE AND HOLD OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS VOTE FOR THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. ADDITIONAL OR ALTERNATIVE NOMINATIONS FOR CONSIDERATION MAY BE SUBMITTED BY THE MEMBERS AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BYLAWS MAY BE AMENDED ONLY BY VOTE OF THREE-FIFTHS OF THE TOTAL MEMBERSHIP AT ANY REGULAR MEETING OR AT ANY SPECIAL MEETING CALLED FOR THAT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH BOARD MEMBER IS PROVIDED A COPY OF FORM 990 FOR REVIEW BEFORE FINAL APPROVAL AND SUBMITTAL OF THE FORM 990 TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PUBLIC IS ABLE TO VIEW THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, FINANCIAL STATEMENTS, AND TAX RETURNS UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104 (D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACT SVS - MEMB. DIRECTOR 50,000 0 0 CONTRACTED SERVICES - OTHER 928 0 0 TOTAL 50,928 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0255181
IRS990/TotalAssetsEOYAmt0305631
IRS990/TotalAssetsGrp/BOYAmt0255181
IRS990/TotalAssetsGrp/EOYAmt0305631
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0234425
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0167125
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0167125
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt088056
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0305631
IRS990/TotalProgramServiceRevenueAmt0452000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0452000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0452000
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0255181
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0305631
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.BUSCOALITION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY ROSENFELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05154406057
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BUS COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0BUSC
ReturnHeader/Filer/EIN0472723040
ReturnHeader/Filer/PhoneNum05154406057
ReturnHeader/Filer/USAddress/AddressLine1Txt06919 VISTA DRIVE
ReturnHeader/Filer/USAddress/CityNm0WEST DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050266
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421104473
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MHCS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01601 W LAKES PKWY STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152883279
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEXANDRA KAFER CPA
ReturnHeader/ReturnTs02022-11-04T09:00:57-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROSENFELD
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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