Civic Intelligence

The Transit System Inc

990T • Fiscal year 2022 • EIN 75-1871831

Sep 01, 2021 to Aug 31, 2022 • Filed on Dec 07, 2022

Organization ProfileN/A
401 Commerce StGlen Rose, TX 76043-4333

(254) 897-2964

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,345,483Liabilities 2011: $39,563Net Assets 2011: $1,305,9202011Assets 2012: $1,281,392Liabilities 2012: $63,704Net Assets 2012: $1,217,6882012Assets 2013: $1,274,473Liabilities 2013: $29,895Net Assets 2013: $1,244,5782013Assets 2014: $1,114,689Liabilities 2014: $16,858Net Assets 2014: $1,097,8312014Assets 2015: $1,283,452Liabilities 2015: $16,002Net Assets 2015: $1,267,4502015Assets 2016: $1,358,953Liabilities 2016: $39,649Net Assets 2016: $1,319,3042016Assets 2017: $1,480,338Liabilities 2017: $52,387Net Assets 2017: $1,427,9512017Assets 2018: $1,635,539Liabilities 2018: $58,821Net Assets 2018: $1,576,7182018Assets 2019: $1,622,920Liabilities 2019: $52,480Net Assets 2019: $1,570,4402019Assets 2020: $1,836,655Liabilities 2020: $47,969Net Assets 2020: $1,788,6862020Assets 2021: $2,390,990Liabilities 2021: $67,803Net Assets 2021: $2,323,1872021Assets 2022: $2,588,482Liabilities 2022: $64,064Net Assets 2022: $2,524,4182022Assets 2023: $3,143,007Liabilities 2023: $75,163Net Assets 2023: $3,067,8442023Assets 2024: $3,833,447Liabilities 2024: $703,859Net Assets 2024: $3,129,5882024Assets 2025: $3,466,138Liabilities 2025: $72,565Net Assets 2025: $3,393,5732025

Latest loaded filing

2025

Assets$3,466,138
Liabilities$72,565
Net Assets$3,393,573
Open 2025 Filing

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,154,181Expenses 2011: $1,175,792Net Income 2011: -$21,6112011Revenue 2012: $1,182,308Expenses 2012: $1,270,540Net Income 2012: -$88,2322012Expenses 2013: $1,190,8612013Revenue 2014: $933,551Expenses 2014: $1,080,289Net Income 2014: -$146,7382014Revenue 2015: $1,247,089Expenses 2015: $1,077,470Net Income 2015: $169,6192015Revenue 2016: $1,079,622Expenses 2016: $1,027,768Net Income 2016: $51,8542016Revenue 2017: $1,179,946Expenses 2017: $1,071,299Net Income 2017: $108,6472017Revenue 2018: $1,225,775Expenses 2018: $1,077,008Net Income 2018: $148,7672018Revenue 2019: $1,129,146Expenses 2019: $1,135,424Net Income 2019: -$6,2782019Revenue 2020: $1,311,716Expenses 2020: $1,093,470Net Income 2020: $218,2462020Revenue 2021: $1,869,763Expenses 2021: $1,335,262Net Income 2021: $534,5012021Revenue 2022: $1,527,372Expenses 2022: $1,326,141Net Income 2022: $201,2312022Revenue 2023: $2,056,492Expenses 2023: $1,513,066Net Income 2023: $543,4262023Revenue 2024: $1,684,973Expenses 2024: $1,623,229Net Income 2024: $61,7442024Revenue 2025: $2,098,726Expenses 2025: $1,830,347Net Income 2025: $268,3792025

Latest loaded filing

2025

Revenue$2,098,726
Expenses$1,830,347
Net Income$268,379
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Dec 7, 2022
Return Version
2021v4.3
Mission and Program Overview

Mission

Transportaion to rural areas of somervell and hood counties in texas, enhancing access of persons to health care, employment and public services

Filing and Contact Details

Filer

Filer Name
The Transit System Inc
EIN
75-1871831
Phone
2548972964
Address
401 COMMERCE ST, GLEN ROSE, TX 76043-4333

Signing Officer

Name
Derinda D Long
Title
General Manager
Phone
2548972964
Signed
2022-12-07
Discuss with paid preparer
Yes

Preparer

Firm
Boucher Morgan & Young Pc CPA
Address
P O BOX 203, STEPHENVILLE, TX 76401
Preparer
REMINGTON T O'DELL
Phone
2549657321
Raw XML Appendix81 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
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IRS4562/MaximumDollarLimitationAmt01050000
IRS4562/OtherDepreciationAmt0221035
IRS4562/ThresholdCostOfSect179PropAmt02620000
IRS4562/TotalDepreciationAmt0221035
IRS990T/BooksInCareOfDetail/PersonNm0DERINDA D LONG
IRS990T/BooksInCareOfDetail/PhoneNum02548972964
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 COMMERCE STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0GLEN ROSE
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd076403
IRS990T/BookValueAssetsEOYAmt02588482
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ExtsnRequestIncomeTaxPaidAmt01000
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/OverpaymentAmt01000
IRS990T/OverpaymentSection/RefundAmt01000
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt015324
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0485000
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/AdvertisedPeriodicalNameTxt0VEHICLE ADVERTISING
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/AdvertisingGainLossAmt0-10799
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/DirectAdvertisingCostAmt018926
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/GrossAdvertisingIncomeAmt08127
IRS990TScheduleA/NetAdvertisingIncomeAmt0-10799
IRS990TScheduleA/PrincipalBusinessActivityCd0485000
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalDirectAdvertisingCostAmt018926
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt08127
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-10799
IRS990TScheduleA/TotUnrltTrdBusIncmAmt08127
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt018926
IRS990TScheduleA/TradeOrBusinessDesc0UNRELATED BUSINESS ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt0-10799
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-10799
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt00
IRS990T/TaxableTrustAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt01000
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-10799
IRS990T/TotalUBTIBeforeSection199AAmt0-10799
IRS990T/TotalUBTIComputedAmt0-10799
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DERINDA D LONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02548972964
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TRANSIT SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0751871831
ReturnHeader/Filer/PhoneNum02548972964
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 COMMERCE ST
ReturnHeader/Filer/USAddress/CityNm0GLEN ROSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0760434333
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752137042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOUCHER MORGAN & YOUNG PC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STEPHENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076401
ReturnHeader/PreparerPersonGrp/PhoneNum02549657321
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REMINGTON T O'DELL
ReturnHeader/ReturnTs02023-01-19T11:35:20-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DERINDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LONG
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
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Liabilities
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Net assets
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Revenue
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Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.47$0.07$3.39$2.10$1.83$0.27
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.70$3.13$1.68$1.62$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.14$0.08$3.07$2.06$1.51$0.54
2022Detailed filing. Detailed filing data is available for this year.$2.59$0.06$2.52$1.53$1.33$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.07$2.32$1.87$1.34$0.53
2020Detailed filing. Detailed filing data is available for this year.$1.84$0.05$1.79$1.31$1.09$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.05$1.57$1.13$1.14$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.06$1.58$1.23$1.08$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$1.18$1.07$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.04$1.32$1.08$1.03$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.27$1.25$1.08$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.02$1.10$0.93$1.08$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.03$1.24$1.19
2012Summary only. Only limited summary data is available for this year.$1.28$0.06$1.22$1.18$1.27$0.09
2011Summary only. Only limited summary data is available for this year.$1.35$0.04$1.31$1.15$1.18$0.02