Civic Intelligence

Sandy Valley Transportation Services Inc.

990 • Fiscal year 2015 • EIN 61-0898928

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

81 Resource CourtPrestonsburg, KY 41653

(606) 886-7433

Siviq Scores

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

Liabilities / Assets

29th percentile

0.04x

Higher debt load relative to assets than 29% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

50th percentile

2.7%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

27th percentile

$68,028

Higher top officer pay than 27% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

21st percentile

-4.7%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

16%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$6,312,178

Down $311,904 (-4.7%) from 2014

Net Assets

Up

$6,029,493

Up $182,065 (+3.1%) from 2014

Liabilities

Down

$282,685

Down $493,969 (-64%) from 2014

Revenue

Up

$6,840,314

Up $960,009 (+16%) from 2014

Expenses

Up

$6,658,249

Up $707,646 (+12%) from 2014

Net Income

Up

$182,065

Up $252,363 (+359%) from 2014

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

2015

Assets$6,312,178
Liabilities$282,685
Net Assets$6,029,493

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

2015

Revenue$6,840,314
Expenses$6,658,249
Net Income$182,065
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$6,875,600
Mission and Program Overview

Mission

Non-Emergency Medical Transportation and Rural Public Transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,918,825$5,197,864▼ $720,961
Accounts Receivable$415,659$463,948▲ $48,289
Savings and Temporary Cash Investments$184,880$445,601▲ $260,721
Pledges and Grants Receivable$101,268$200,680▲ $99,412
Inventories for Sale or Use$1,805$2,385▲ $580
Prepaid Expenses and Deferred Charges$1,645$1,667▲ $22
Other Notes and Loans Receivable, Net-$33-
Cash and Non-Interest-Bearing Accounts-$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$6,624,082$6,312,178▼ $311,904
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$776,654$282,685▼ $493,969
Total Liabilities$776,654$282,685▼ $493,969
Net Assets / Fund Balance
Unrestricted Net Assets$5,814,874$5,996,939▲ $182,065
Temporarily Rstr Net Assets$32,554$32,554→ $0
Total Net Assets Fund Balance$5,847,428$6,029,493▲ $182,065
Total Liabilities and Net Assets / Fund Balance$6,624,082$6,312,178▼ $311,904

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,480,031$2,691,305$7,171,336
Equipment$702,842$3,925,665$4,628,507
Other Land Buildings$2$190,791$190,793
Leasehold Improvements$4,989$27,187$32,176
Land$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joyce HinkleExecutive DirectorFT$68,028$68,028

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 CabTransportationPO Box 610, Salyersville, KY 41465$663,363
Appalachian TransportationTransportationPO Box 559, Martin, KY 41649$464,644
Williams CabTransportation1078 Rockhouse Road, Salyersville, KY 41465$286,218
Linda F Sumpter CPA PSCAccounting910 Blackberry Road, Inez, KY 41224$112,726
Revenue and Support

Revenue Composition

Contributions and Grants
$1,588,694
Program Service Revenue
$5,159,739
Investment Income
$16,272
Other Revenue
$75,609
All Other Contributions
$54,013
Change in Net Assets
$182,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,892,678
Salaries, Compensation, and Employee Benefits$2,714,196
Grants and Similar Amounts Paid$51,375
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,752,590--$1,752,590
Depreciation Depletion$728,196$51,964-$780,160
Other Employee Benefits$479,438$6,888-$486,326
Pension Plan Contributions$261,170--$261,170
All Other Expenses$183,963$40,835-$224,798
Insurance$160,970$40,243-$201,213
Fees for Services Accounting-$167,306-$167,306
Payroll Taxes$140,770$5,312-$146,082
Other Expenses$106,168$24,037-$106,168
Current Officers, Directors, Trustees, and Key Employees-$68,028-$68,028
Grants to Domestic Orgs$51,375--$51,375
Occupancy$30,755$7,689-$38,444
Office Expenses$17,157$4,289-$21,446
Interest-$14,040-$14,040
Advertising-$1,077-$1,077
Travel-$460-$460
Total Functional Expenses$6,226,081$432,168$0$6,658,249
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

Filer Name
Sandy Valley Transportation Services Inc
EIN
61-0898928
Phone
6068867433
Address
81 Resource Court, Prestonsburg, KY 41653

Signing Officer

Name
Joyce Hinkle
Title
Executive Director
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Hinkle
Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
0
Employees
81

Preparer

Firm
Linda F Sumpter CPA Psc
Address
910 BLACKBERRY ROAD, INEZ, KY 41224-9706
Preparer
Linda F Sumpter CPA
Phone
6062984189
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IRS990/Desc0Sandy Valley Transportation Services, Inc. provided over 138,785 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/MethodOfAccountingAccrualInd0X
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