Civic Intelligence

Sandy Valley Transportation Services Inc.

990 • Fiscal year 2014 • EIN 61-0898928

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

81 Resource Court41653

(606) 886-7433

Siviq Scores

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

Liabilities / Assets

41st percentile

0.12x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

41st percentile

0.13x

Higher debt load relative to revenue than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

33rd percentile

-1.2%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

24th percentile

$57,548

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

20th percentile

-3.8%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

40th percentile

0.9%

Faster revenue growth than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2014

Assets

Down

$6,624,082

Down $261,601 (-3.8%) from 2013

Net Assets

Down

$5,847,428

Down $70,298 (-1.2%) from 2013

Liabilities

Down

$776,654

Down $191,303 (-20%) from 2013

Revenue

$5,880,305

No earlier filing loaded for comparison.

Expenses

Down

$5,950,603

Down $96,539 (-1.6%) from 2013

Net Income

-$70,298

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.

$10M$5.0M$0Assets 2011: $6,859,788Liabilities 2011: $249,168Net Assets 2011: $6,610,6202011Assets 2012: $6,962,343Liabilities 2012: $560,911Net Assets 2012: $6,401,4322012Assets 2013: $6,885,683Liabilities 2013: $967,957Net Assets 2013: $5,917,7262013Assets 2014: $6,624,082Liabilities 2014: $776,654Net Assets 2014: $5,847,4282014Assets 2015: $6,312,178Liabilities 2015: $282,685Net Assets 2015: $6,029,4932015Assets 2016: $6,712,509Liabilities 2016: $357,411Net Assets 2016: $6,355,0982016Assets 2017: $6,777,701Liabilities 2017: $306,933Net Assets 2017: $6,470,7682017Assets 2018: $6,278,424Liabilities 2018: $364,479Net Assets 2018: $5,913,9452018Assets 2019: $6,660,135Liabilities 2019: $333,208Net Assets 2019: $6,326,9272019Assets 2021: $8,772,616Liabilities 2021: $302,366Net Assets 2021: $8,470,2502021Assets 2023: $9,998,797Liabilities 2023: $239,326Net Assets 2023: $9,759,4712023Assets 2024: $7,848,321Liabilities 2024: $347,459Net Assets 2024: $7,500,8622024

Highlighted filing

2014

Assets$6,624,082
Liabilities$776,654
Net Assets$5,847,428

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,256,726Expenses 2011: $5,872,703Net Income 2011: -$615,9772011Revenue 2012: $5,772,069Expenses 2012: $5,981,257Net Income 2012: -$209,1882012Expenses 2013: $6,047,1422013Revenue 2014: $5,880,305Expenses 2014: $5,950,603Net Income 2014: -$70,2982014Revenue 2015: $6,840,314Expenses 2015: $6,658,249Net Income 2015: $182,0652015Revenue 2016: $7,353,197Expenses 2016: $7,027,592Net Income 2016: $325,6052016Revenue 2017: $7,947,032Expenses 2017: $7,831,362Net Income 2017: $115,6702017Revenue 2018: $7,982,078Expenses 2018: $8,538,901Net Income 2018: -$556,8232018Revenue 2019: $9,414,621Expenses 2019: $9,001,639Net Income 2019: $412,9822019Revenue 2021: $10,534,380Expenses 2021: $8,999,635Net Income 2021: $1,534,7452021Revenue 2023: $10,433,343Expenses 2023: $9,471,118Net Income 2023: $962,2252023Revenue 2024: $8,914,691Expenses 2024: $11,289,050Net Income 2024: -$2,374,3592024

Highlighted filing

2014

Revenue$5,880,305
Expenses$5,950,603
Net Income-$70,298
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$5,882,600
Mission and Program Overview

Mission

Non-Emergency Medical Transportation and Rural Public Transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,327,484$5,918,825▼ $408,659
Accounts Receivable$307,178$415,659▲ $108,481
Savings and Temporary Cash Investments$144,295$184,880▲ $40,585
Pledges and Grants Receivable$103,649$101,268▼ $2,381
Inventories for Sale or Use$3,077$1,805▼ $1,272
Prepaid Expenses and Deferred Charges-$1,645-
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$6,885,683$6,624,082▼ $261,601
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$967,957$776,654▼ $191,303
Total Liabilities$967,957$776,654▼ $191,303
Net Assets / Fund Balance
Unrestricted Net Assets$5,885,172$5,814,874▼ $70,298
Temporarily Rstr Net Assets$32,554$32,554→ $0
Total Net Assets Fund Balance$5,917,726$5,847,428▼ $70,298
Total Liabilities and Net Assets / Fund Balance$6,885,683$6,624,082▼ $261,601

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,719,032$2,452,304$7,171,336
Equipment$1,185,723$4,038,854$5,224,577
Leasehold Improvements$6,150$26,026$32,176
Land$10,000-$10,000
Other Land Buildings$-2,080$-219,617$-221,697
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joyce HinkleExecutive DirectorFT$57,548$57,548

Board Members and Trustees

NameTitle
Jim KellyChairman
Al Gunter Prestonsburg Sr CitBoard Member
Arbadella ReedBoard Member
Barb HaleBoard Member
John FalknerBoard Member
Lee Mueller Martin Co SrBoard Member
Mots Bisno MCCCBoard Member
Earlena DuncanBoardmember
Linda HaywoodSecretary
Brian ClevengerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Wolf County CabTransportation-$469,465
Appalachian TransportationTransportation-$291,821
Williams CabTransportation-$232,319
Revenue and Support

Revenue Composition

Contributions and Grants
$1,711,573
Program Service Revenue
$4,038,361
Investment Income
$14,497
Other Revenue
$115,874
All Other Contributions
$108,761
Change in Net Assets
$-70,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,408,799
Salaries, Compensation, and Employee Benefits$2,541,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,619,907$10,178-$1,630,085
Depreciation Depletion$504,912$52,107-$557,019
Other Employee Benefits$460,304--$460,304
Pension Plan Contributions$250,172$5,471-$255,643
Insurance$199,081$49,770-$248,851
Fees for Services Accounting-$216,461-$216,461
All Other Expenses$149,584$26,069-$175,653
Payroll Taxes$130,728$7,496-$138,224
Other Expenses$91,288$23,359-$91,288
Current Officers, Directors, Trustees, and Key Employees-$57,548-$57,548
Occupancy$22,341$5,585-$27,926
Office Expenses$18,886$4,721-$23,607
Interest-$21,068-$21,068
Advertising-$4,295-$4,295
Travel-$768-$768
Total Functional Expenses$5,465,707$484,896$0$5,950,603
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed with Executive Director, Executive Board, and CPA.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

EIN
61-0898928
Phone
6068867433

Signing Officer

Name
Joyce Hinkle
Title
Executive Director
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
0
Employees
81

Preparer

Preparer
Linda F Sumpter CPA
Phone
6062984189
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IRS990/Desc0Sandy Valley Transportation Services, Inc. provided over 185,000 non-emergency medical rides for Big Sandy Region Medicaid recipients and public transportation for Senior Citizen Centers, Adult Day Care Centers, Housing Authorities, and other entities and individuals. It also served as a broker provider of those services for the Kentucky Transportation Cabinet-Multimodal Division.
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IRS990/OtherExpensesGrp/Desc2Communications
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IRS990/OtherExpensesGrp/ProgramServicesAmt01079163
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IRS990/OtherExpensesGrp/TotalAmt2116793
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IRS990ScheduleD/BuildingsGrp/BookValueAmt04719032
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06150
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