Civic Intelligence

The Bus Coalition Inc

990 • Fiscal year 2023 • EIN 47-2723040

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

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

92nd percentile

0.53x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

0.63x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

58th percentile

4.3%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

2.6%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$360,254

Up $15,009 (+4.3%) from 2022

Net Assets

Up

$170,795

Up $18,137 (+12%) from 2022

Liabilities

Down

$189,459

Down $3,128 (-1.6%) from 2022

Revenue

Up

$302,225

Up $7,603 (+2.6%) from 2022

Expenses

Up

$283,912

Up $20,473 (+7.8%) from 2022

Net Income

Down

$18,313

Down $12,870 (-41%) from 2022

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

2023

Assets$360,254
Liabilities$189,459
Net Assets$170,795

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

2023

Revenue$302,225
Expenses$283,912
Net Income$18,313
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$302,225
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
Investments in Publicly Traded Securities$150,028$206,952▲ $56,924
Cash and Non-Interest-Bearing Accounts$192,454$149,921▼ $42,533
Prepaid Expenses and Deferred Charges$2,013$3,381▲ $1,368
Accounts Receivable$750--
Total Assets$345,245$360,254▲ $15,009
Liabilities
Deferred Revenue$178,375$159,375▼ $19,000
Accounts Payable and Accrued Expenses$14,212$30,084▲ $15,872
Total Liabilities$192,587$189,459▼ $3,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$152,658$170,795▲ $18,137
Total Net Assets Fund Balance$152,658$170,795▲ $18,137
Total Liabilities and Net Assets / Fund Balance$345,245$360,254▲ $15,009
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,125
Investment Income
$7,100
Other Revenue
$0
Change in Net Assets
$18,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,912
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---$94,500
Fees for Services Management---$72,000
Fees for Services Other---$67,000
Conferences and Meetings---$19,864
Fees for Services Accounting---$8,653
Information Technology---$5,871
Office Expenses---$2,537
Insurance---$2,510
All Other Expenses---$1,539
Other Expenses---$61
Total Functional Expenses$0$0$0$283,912
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$114,251
Current Year Nondeductible Lobbying and Political Cost$75,600
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization has a contract with redfern resources, inc for management services, including supervising, planning and executing the financial operations and exempt functions of the organization. Redfern resources, inc employs ed redfern, who is the executive director for the bus coalition. For calendar year 2023, ed's portion of compensation and benefits from redfern resources that related to his services for the bus coalition totaled 72,000.

Form 990, Page 6, Part VI, Line 4

During the year, the bus coalition, inc. Amended their bylaws to update the number of board of directors. The board of directors shall consist of up to 21 coalition members. No other significant changes were made to the bylaws in 2023.

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 12C

Any member of the bus coalition (tbc) board of directors, any of its committees or staff shall disclose to tbc any personal interests that he or she may have in any matter pending before the tbc and shall refrain from participation in any decision on such matter. Any member of tbc board who is an officer, board member, a committee member or staff member of any other related organization shall identify his or her affiliation with such agency or agencies; further, in connection with any committee or board action specifically directed to that agency, he/she shall not participate in the decision affecting that agency and the decision must be made and/or ratified by the full board. Annually, the board of directors reviews and discloses any potential conflicts of interest.

Form 990, Page 6, Part VI, Line 19

The public is able to view the organization's articles of incorporation, bylaws, conflict of interest policy, 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
Todd Morrow
Title
Treasurer
Phone
5154406057
Signed
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Donaghy
Formed
2014
Legal Domicile
Ia
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
21

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

Memb. Director 42,000 0 0 project mgmt - 10 year report 25,000 0 0 total 67,000 0 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DI
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IRS990/MissionDesc0ENSURE AMERICA'S BUS TRANSIT SYSTEMS ARE ADEQUATELY FUNDED BY THE FEDERAL GOVERNMENT TO PROVIDE THE AMERICAN PEOPLE (OUR RIDERS) SAFE AND RELIABLE PUBLIC BUS TRANSPORTATION.
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IRS990/OfficeExpensesGrp/TotalAmt02537
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1STAFF EXPENSE
IRS990/OtherExpensesGrp/Desc2REGISTRATION FEES
IRS990/OtherExpensesGrp/TotalAmt07140
IRS990/OtherExpensesGrp/TotalAmt12237
IRS990/OtherExpensesGrp/TotalAmt261
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IRS990/PYRevenuesLessExpensesAmt031183
IRS990/PYTotalExpensesAmt0263439
IRS990/PYTotalRevenueAmt0294622
IRS990/ReconcilationRevenueExpnssAmt018313
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A CONTRACT WITH REDFERN RESOURCES, INC FOR MANAGEMENT SERVICES, INCLUDING SUPERVISING, PLANNING AND EXECUTING THE FINANCIAL OPERATIONS AND EXEMPT FUNCTIONS OF THE ORGANIZATION. REDFERN RESOURCES, INC EMPLOYS ED REDFERN, WHO IS THE EXECUTIVE DIRECTOR FOR THE BUS COALITION. FOR CALENDAR YEAR 2023, ED'S PORTION OF COMPENSATION AND BENEFITS FROM REDFERN RESOURCES THAT RELATED TO HIS SERVICES FOR THE BUS COALITION TOTALED 72,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE YEAR, THE BUS COALITION, INC. AMENDED THEIR BYLAWS TO UPDATE THE NUMBER OF BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL CONSIST OF UP TO 21 COALITION MEMBERS. NO OTHER SIGNIFICANT CHANGES WERE MADE TO THE BYLAWS IN 2023.
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/ExplanationTxt6ANY MEMBER OF THE BUS COALITION (TBC) BOARD OF DIRECTORS, ANY OF ITS COMMITTEES OR STAFF SHALL DISCLOSE TO TBC ANY PERSONAL INTERESTS THAT HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE TBC AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. ANY MEMBER OF TBC BOARD WHO IS AN OFFICER, BOARD MEMBER, A COMMITTEE MEMBER OR STAFF MEMBER OF ANY OTHER RELATED ORGANIZATION SHALL IDENTIFY HIS OR HER AFFILIATION WITH SUCH AGENCY OR AGENCIES; FURTHER, IN CONNECTION WITH ANY COMMITTEE OR BOARD ACTION SPECIFICALLY DIRECTED TO THAT AGENCY, HE/SHE SHALL NOT PARTICIPATE IN THE DECISION AFFECTING THAT AGENCY AND THE DECISION MUST BE MADE AND/OR RATIFIED BY THE FULL BOARD. ANNUALLY, THE BOARD OF DIRECTORS REVIEWS AND DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PUBLIC IS ABLE TO VIEW THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, 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/ExplanationTxt8MEMB. DIRECTOR 42,000 0 0 PROJECT MGMT - 10 YEAR REPORT 25,000 0 0 TOTAL 67,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 4
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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