Civic Intelligence

Virginia Regional Transit

990 • Fiscal year 2024 • EIN 62-1441965

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 01, 2024

Organization ProfileWWW.VATRANSIT.ORG

View Organization Page

PO Box 2665Purcellville, VA 20134

(540) 338-7285

Siviq Scores

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

Liabilities / Assets

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.11x

Higher debt load relative to revenue than 33% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$205,083

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

90th percentile

36%

Faster asset growth than 90% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

44%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$15,844,435

Up $4,172,198 (+36%) from 2023

Net Assets

Up

$14,310,421

Up $3,295,392 (+30%) from 2023

Liabilities

Up

$1,534,014

Up $876,806 (+133%) from 2023

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin77th percentile

Revenue

Up

$13,473,962

Up $4,138,829 (+44%) from 2023

Expenses

Up

$10,178,570

Up $1,162,439 (+13%) from 2023

Net Income

Up

$3,295,392

Up $2,976,390 (+933%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$30M$20M$10M$0Assets 2010: $14,247,923Liabilities 2010: $2,059,007Net Assets 2010: $12,188,9162010Assets 2011: $18,846,816Liabilities 2011: $2,747,265Net Assets 2011: $16,099,5512011Assets 2012: $21,850,620Liabilities 2012: $2,608,479Net Assets 2012: $19,242,1412012Assets 2013: $21,293,688Liabilities 2013: $2,285,645Net Assets 2013: $19,008,0432013Assets 2014: $20,533,958Liabilities 2014: $1,596,784Net Assets 2014: $18,937,1742014Assets 2015: $19,121,944Liabilities 2015: $1,075,037Net Assets 2015: $18,046,9072015Assets 2016: $19,239,804Liabilities 2016: $890,062Net Assets 2016: $18,349,7422016Assets 2017: $16,345,796Liabilities 2017: $1,596,291Net Assets 2017: $14,749,5052017Assets 2018: $15,735,933Liabilities 2018: $1,324,432Net Assets 2018: $14,411,5012018Assets 2019: $15,707,923Liabilities 2019: $1,171,512Net Assets 2019: $14,536,4112019Assets 2020: $15,630,951Liabilities 2020: $903,149Net Assets 2020: $14,727,8022020Assets 2021: $16,382,383Liabilities 2021: $718,920Net Assets 2021: $15,663,4632021Assets 2022: $11,159,965Liabilities 2022: $463,938Net Assets 2022: $10,696,0272022Assets 2023: $11,672,237Liabilities 2023: $657,208Net Assets 2023: $11,015,0292023Assets 2024: $15,844,435Liabilities 2024: $1,534,014Net Assets 2024: $14,310,4212024

Highlighted filing

2024

Assets$15,844,435
Liabilities$1,534,014
Net Assets$14,310,421
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,920,1622010Expenses 2011: $11,682,7202011Expenses 2012: $12,163,0052012Expenses 2013: $13,118,0762013Revenue 2014: $11,828,748Expenses 2014: $11,899,617Net Income 2014: -$70,8692014Revenue 2015: $4,695,401Expenses 2015: $5,585,668Net Income 2015: -$890,2672015Revenue 2016: $6,883,392Expenses 2016: $6,580,557Net Income 2016: $302,8352016Revenue 2017: $6,677,362Expenses 2017: $6,097,953Net Income 2017: $579,4092017Revenue 2018: $6,556,603Expenses 2018: $6,894,607Net Income 2018: -$338,0042018Revenue 2019: $7,413,774Expenses 2019: $7,288,864Net Income 2019: $124,9102019Revenue 2020: $7,448,704Expenses 2020: $7,257,313Net Income 2020: $191,3912020Revenue 2021: $8,231,477Expenses 2021: $7,295,816Net Income 2021: $935,6612021Revenue 2022: $9,666,182Expenses 2022: $8,309,336Net Income 2022: $1,356,8462022Revenue 2023: $9,335,133Expenses 2023: $9,016,131Net Income 2023: $319,0022023Revenue 2024: $13,473,962Expenses 2024: $10,178,570Net Income 2024: $3,295,3922024

Highlighted filing

2024

Revenue$13,473,962
Expenses$10,178,570
Net Income$3,295,392
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 1, 2024
Return Version
2023v5.0
Gross Receipts
$13,497,908
Mission and Program Overview

Mission

Virginia regional transit's mission is to create access to mobility through direct passenger service, transit system management and transit related services for the public.

To coordinate, promote, and provide an efficient system of public transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,482,114$7,498,217▲ $3,016,103
Savings and Temporary Cash Investments$6,078,881$6,213,518▲ $134,637
Pledges and Grants Receivable$386,402$1,113,345▲ $726,943
Accounts Receivable$567,080$754,185▲ $187,105
Prepaid Expenses and Deferred Charges$72,750$220,201▲ $147,451
Other Notes and Loans Receivable, Net$83,660$43,619▼ $40,041
Total Assets$11,672,237$15,844,435▲ $4,172,198
Other Assets Total$1,350$1,350→ $0
Liabilities
Accounts Payable and Accrued Expenses$458,797$1,209,815▲ $751,018
Mortgage Notes Payable Secured by Investment Property$188,041$306,599▲ $118,558
Deferred Revenue$10,370$17,600▲ $7,230
Total Liabilities$657,208$1,534,014▲ $876,806
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,015,029$14,310,421▲ $3,295,392
Total Net Assets Fund Balance$11,015,029$14,310,421▲ $3,295,392
Total Liabilities and Net Assets / Fund Balance$11,672,237$15,844,435▲ $4,172,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,668,585$5,004,710$8,673,295
Buildings$3,363,384$1,479,063$4,842,447
Land$353,384-$353,384
Other Land Buildings$11,102$102,877$113,979
Leasehold Improvements$101,762$9,251$111,013
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
E Bruce SimmsPresident/ceFT$176,216$28,867$205,083
E Bruce SimmsPresident/CEO-$154,998$50,085$205,083

Board Members and Trustees

NameTitle
Noel a BrownChair
Janet ClarkeVice Chair
Lisa PeacockDirector
Shaelyn MullaneyDirector
James W AskegrenSecretary
Erin RaynerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,515,360
Program Service Revenue
$4,642,534
Investment Income
$163,492
Other Revenue
$152,576
All Other Contributions
$14,000
Change in Net Assets
$3,295,392

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,473,962
Revenue Not Reported on Form 990
$71,490
Total Revenue per Audited Statements
$13,545,452
Total Revenue per Form 990
$13,473,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,104,993
Other Expenses$4,073,577
Total Fundraising Expense$50,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,598,434$328,296$5,178$5,931,908
Depreciation Depletion$794,019$11,218-$805,237
Insurance$504,094$5,092-$509,186
Office Expenses$159,187$53,063-$212,250
Current Officers, Directors, Trustees, and Key Employees$12,363$156,601$4,121$173,085
Information Technology$162,192$8,536-$170,728
Occupancy$129,789$31,217-$161,006
Travel$57,218--$57,218
Fees for Services Management$13,522$40,568-$54,090
Fees for Services Legal$24,938$24,938-$49,876
Advertising--$41,217$41,217
Fees for Services Accounting$1,925$30,925-$32,850
Other Expenses$19,563$5,791-$19,563
Interest$16,921--$16,921
Fees for Services Other$9,680--$9,680
All Other Expenses$131$10-$141
Total Functional Expenses$9,431,799$696,255$50,516$10,178,570

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,250,060
Expenses per Audited Statements$10,178,570
Total Expenses per Form 990$10,178,570
Expenses Not Reported on Form 990$71,490
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,946
Fundraising Gross Income$23,946
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$25,993$23,946$23,946$0
Total Events$25,993$23,946$23,946-
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The executive committee reviews form 990. The annual financial information and irs filings are then presented at the board of directors meeting for their approval prior to submission to the irs.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is reviewed and updated annually with the bod.”

Form 990, Page 6, Part VI, Line 15A

“Committee of independent directors conducts surveys and studies to determine appropriate competitive compensation for vrt's ceo. The committee then conducts evaluation of ceo's performance based on stated performance criteria and meets to discuss the evaluation.”

Form 990, Page 6, Part VI, Line 15B

“Committee of independent directors conducts surveys and studies to determine appropriate competitive compensation for vrt's ceo. The committee then conducts evaluation of ceo's performance based on stated performance criteria and meets to discuss the evaluation.”

Form 990, Page 6, Part VI, Line 19

“Virginia regional transit makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Virginia Regional Transit
EIN
62-1441965
Phone
5403387285
Address
PO BOX 2665, PURCELLVILLE, VA 20134

Signing Officer

Name
E Bruce Simms
Title
President/CEO
Phone
5403387285
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
E Bruce Simms
Formed
1990
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
6
Employees
255
Volunteers
6

Preparer

Firm
Mitchell Burns & Co Pc
Address
110 E MARKET ST STE 200, LEESBURG, VA 20176
Preparer
Kara J Doyle
Phone
7037774900
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“Finance committee oversees the review of the annual audited financial statements. Finance committee meets with the auditors annually to review the financial results and then presents the annual audited report to the board for review and final approval. Board of directors selects and oversees the independent auditor.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Vrt is a not-for-profit organization exempt from federal income tax under irc 509(c)(3). However, vrt is taxed on all income from unrelated business activities. Vrt believes all of its current activities and events continue to meet the income tax exemption criteria of the irc for a nonprofit organization. Under internal revenue service audit of vrt's activities, a differing position could result in a possible income tax liability.”

Raw XML AppendixShowing 400 of 547 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0458797
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01209815
IRS990/AccountsReceivableGrp/BOYAmt0567080
IRS990/AccountsReceivableGrp/EOYAmt0754185
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO COORDINATE, PROMOTE, AND PROVIDE AN EFFICIENT SYSTEM OF PUBLIC TRANSPORTATION.
IRS990/AdvertisingGrp/FundraisingAmt041217
IRS990/AdvertisingGrp/TotalAmt041217
IRS990/AllOtherContributionsAmt014000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0131
IRS990/AllOtherExpensesGrp/TotalAmt0141
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05403387285
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2665
IRS990/BooksInCareOfDetail/USAddress/CityNm0PURCELLVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020134
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04121
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0156601
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt012363
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0173085
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt02047
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08515360
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0163492
IRS990/CYOtherExpensesAmt04073577
IRS990/CYOtherRevenueAmt0152576
IRS990/CYProgramServiceRevenueAmt04642534
IRS990/CYRevenuesLessExpensesAmt03295392
IRS990/CYSalariesCompEmpBnftPaidAmt06104993
IRS990/CYTotalExpensesAmt010178570
IRS990/CYTotalFundraisingExpenseAmt050516
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013473962
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt010370
IRS990/DeferredRevenueGrp/EOYAmt017600
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011218
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0794019
IRS990/DepreciationDepletionGrp/TotalAmt0805237
IRS990/Desc0THE ORGANIZATION COORDINATES, PROMOTES, AND PROVIDES TRANSPORTATION SERVICES TO ALL CITIZENS OF THE REGION WITH EMPHASIS ON DISABLED, ELDERLY, & DISADVANTAGED RESIDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0255
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt09431799
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030925
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01925
IRS990/FeesForServicesAccountingGrp/TotalAmt032850
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt024938
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt024938
IRS990/FeesForServicesLegalGrp/TotalAmt049876
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt040568
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt013522
IRS990/FeesForServicesManagementGrp/TotalAmt054090
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09680
IRS990/FeesForServicesOtherGrp/TotalAmt09680
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt028867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0E BRUCE SIMMS
IRS990/Form990PartVIISectionAGrp/PersonNm1NOEL A BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2JANET CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES W ASKEGREN
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIN RAYNER
IRS990/Form990PartVIISectionAGrp/PersonNm5SHAELYN MULLANEY
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA PEACOCK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0176216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt02047
IRS990/FundraisingDirectExpensesAmt023946
IRS990/FundraisingGrossIncomeAmt023946
IRS990/GainOrLossGrp/OtherAmt07700
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt08499313
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt07700
IRS990/GrossReceiptsAmt013497908
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08536
IRS990/InformationTechnologyGrp/ProgramServicesAmt0162192
IRS990/InformationTechnologyGrp/TotalAmt0170728
IRS990/InsuranceGrp/ManagementAndGeneralAmt05092
IRS990/InsuranceGrp/ProgramServicesAmt0504094
IRS990/InsuranceGrp/TotalAmt0509186
IRS990/InterestGrp/ProgramServicesAmt016921
IRS990/InterestGrp/TotalAmt016921
IRS990/InvestmentIncomeGrp/ExclusionAmt0155792
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0155792
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06595901
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04482114
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07498217
IRS990/LandBldgEquipCostOrOtherBssAmt014094118
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0VIRGINIA REGIONAL TRANSIT'S MISSION IS TO CREATE ACCESS TO MOBILITY THROUGH DIRECT PASSENGER SERVICE, TRANSIT SYSTEM MANAGEMENT AND TRANSIT RELATED SERVICES FOR THE PUBLIC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0188041
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0306599
IRS990/NetAssetsOrFundBalancesBOYAmt011015029
IRS990/NetAssetsOrFundBalancesEOYAmt014310421
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07700
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07700
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011015029
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014310421
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt031217
IRS990/OccupancyGrp/ProgramServicesAmt0129789
IRS990/OccupancyGrp/TotalAmt0161006
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053063
IRS990/OfficeExpensesGrp/ProgramServicesAmt0159187
IRS990/OfficeExpensesGrp/TotalAmt0212250
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01350
IRS990/OtherAssetsTotalGrp/EOYAmt01350
IRS990/OtherExpensesGrp/Desc0OTHER PERSONNEL COSTS
IRS990/OtherExpensesGrp/Desc1VEHICLE OPERATING
IRS990/OtherExpensesGrp/Desc2OTHER FIXED CHARGES
IRS990/OtherExpensesGrp/Desc3OTHER GRANT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05791
IRS990/OtherExpensesGrp/ProgramServicesAmt0110025
IRS990/OtherExpensesGrp/ProgramServicesAmt11703296
IRS990/OtherExpensesGrp/ProgramServicesAmt2114502
IRS990/OtherExpensesGrp/ProgramServicesAmt319563
IRS990/OtherExpensesGrp/TotalAmt0115816
IRS990/OtherExpensesGrp/TotalAmt11703296
IRS990/OtherExpensesGrp/TotalAmt2114502
IRS990/OtherExpensesGrp/TotalAmt319563
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING SERVICE
IRS990/OtherRevenueMiscGrp/Desc2OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt0102351
IRS990/OtherRevenueMiscGrp/ExclusionAmt113702
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0102351
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt136523
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt213702
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt036523
IRS990/OtherRevenueTotalAmt0152576
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05178
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0328296
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05598434
IRS990/OtherSalariesAndWagesGrp/TotalAmt05931908
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt083660
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt043619
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0386402
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01113345
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt072750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0220201
IRS990/PrincipalOfficerNm0E BRUCE SIMMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0485000
IRS990/ProgramServiceRevenueGrp/BusinessCd1485000
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1TRANSPORT MANAGEMENT SVC
IRS990/ProgramServiceRevenueGrp/Desc2PASSENGER FARES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04596867
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28952
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04596867
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28952
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04402862
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt040798
IRS990/PYOtherExpensesAmt03536789
IRS990/PYOtherRevenueAmt0132756
IRS990/PYProgramServiceRevenueAmt04758717
IRS990/PYRevenuesLessExpensesAmt0319002
IRS990/PYSalariesCompEmpBnftPaidAmt05479342
IRS990/PYTotalExpensesAmt09016131
IRS990/PYTotalRevenueAmt09335133
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03295392
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04642534
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06078881
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06213518
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 252,111
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08515360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04402862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05060868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04687655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03829498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026496243
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt071490
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt071490
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt071490
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt071490
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt071490
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0357450
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0155792
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025798
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035206
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt057810
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0338167
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04642534
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0116053
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt076923
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016279
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt016754
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt026102
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0252111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97500
IRS990ScheduleA/PublicSupportPY170Pct00.97990
IRS990ScheduleA/PublicSupportTotal170Amt026853693
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08586850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04474352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05132358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04759145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03900988
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026853693
IRS990ScheduleA/TotalSupportAmt027542451
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt011314
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt029023
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt026119
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt026912
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt05112
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt098480
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03363384
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01479063
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04842447
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt071490
IRS990ScheduleD/DonatedServicesUseFcltsAmt071490
IRS990ScheduleD/EquipmentGrp/BookValueAmt03668585
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05004710
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08673295
IRS990ScheduleD/ExpensesNotReportedAmt071490
IRS990ScheduleD/ExpensesSubtotalAmt010178570
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0353384
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0353384
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0101762
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09251
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0111013
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011102
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102877
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113979
IRS990ScheduleD/RevenueNotReportedAmt071490
IRS990ScheduleD/RevenueSubtotalAmt013473962
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VRT IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER IRC 509(C)(3). HOWEVER, VRT IS TAXED ON ALL INCOME FROM UNRELATED BUSINESS ACTIVITIES. VRT BELIEVES ALL OF ITS CURRENT ACTIVITIES AND EVENTS CONTINUE TO MEET THE INCOME TAX EXEMPTION CRITERIA OF THE IRC FOR A NONPROFIT ORGANIZATION. UNDER INTERNAL REVENUE SERVICE AUDIT OF VRT'S ACTIVITIES, A DIFFERING POSITION COULD RESULT IN A POSSIBLE INCOME TAX LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07498217
IRS990ScheduleD/TotalExpensesPerForm990Amt010178570
IRS990ScheduleD/TotalRevenuePerForm990Amt013473962
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013545452
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010250060
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02047
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02047
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023946
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023946
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023946
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023946
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023946
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154998

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,844,435
Liabilities
$1,534,014
Net assets
$14,310,421
Revenue
$13,473,962
Expenses
$10,178,570
Net income
$3,295,392
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.8$1.53$14.3$13.5$10.2$3.30
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.66$11.0$9.34$9.02$0.32
2022Detailed filing. Detailed filing data is available for this year.$11.2$0.46$10.7$9.67$8.31$1.36
2021Detailed filing. Detailed filing data is available for this year.$16.4$0.72$15.7$8.23$7.30$0.94
2020Detailed filing. Detailed filing data is available for this year.$15.6$0.90$14.7$7.45$7.26$0.19
2019Detailed filing. Detailed filing data is available for this year.$15.7$1.17$14.5$7.41$7.29$0.12
2018Detailed filing. Detailed filing data is available for this year.$15.7$1.32$14.4$6.56$6.89$0.34
2017Detailed filing. Detailed filing data is available for this year.$16.3$1.60$14.7$6.68$6.10$0.58
2016Detailed filing. Detailed filing data is available for this year.$19.2$0.89$18.3$6.88$6.58$0.30
2015Summary only. Only limited summary data is available for this year.$19.1$1.08$18.0$4.70$5.59$0.89
2014Detailed filing. Detailed filing data is available for this year.$20.5$1.60$18.9$11.8$11.9$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$2.29$19.0$13.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.9$2.61$19.2$12.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$2.75$16.1$11.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$2.06$12.2$10.9