Civic Intelligence

Washington State Transit Association

990 • Fiscal year 2015 • EIN 91-1152629

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

2629 12th Court SWOlympia, WA 98502

(360) 786-9734

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.02x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Net Margin

55th percentile

7.2%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$126,383

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Asset Growth

74th percentile

8.3%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

23%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$466,249

Up $35,684 (+8.3%) from 2014

Net Assets

Up

$452,034

Up $52,902 (+13%) from 2014

Liabilities

Down

$14,215

Down $17,218 (-55%) from 2014

Revenue

Up

$734,212

Up $138,207 (+23%) from 2014

Expenses

Up

$681,310

Up $83,568 (+14%) from 2014

Net Income

Up

$52,902

Up $54,639 (+3146%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $449,930Liabilities 2011: $7,714Net Assets 2011: $442,2162011Assets 2012: $412,490Liabilities 2012: $14,650Net Assets 2012: $397,8402012Assets 2013: $429,639Liabilities 2013: $28,770Net Assets 2013: $400,8692013Assets 2014: $430,565Liabilities 2014: $31,433Net Assets 2014: $399,1322014Assets 2015: $466,249Liabilities 2015: $14,215Net Assets 2015: $452,0342015Assets 2016: $479,754Liabilities 2016: $21,483Net Assets 2016: $458,2712016Assets 2017: $555,051Liabilities 2017: $38,228Net Assets 2017: $516,8232017Assets 2018: $678,353Liabilities 2018: $36,619Net Assets 2018: $641,7342018Assets 2019: $749,972Liabilities 2019: $54,445Net Assets 2019: $695,5272019Assets 2020: $817,693Liabilities 2020: $70,418Net Assets 2020: $747,2752020Assets 2021: $917,919Liabilities 2021: $71,272Net Assets 2021: $846,6472021Assets 2022: $945,831Liabilities 2022: $74,360Net Assets 2022: $871,4712022Assets 2023: $1,056,483Liabilities 2023: $101,218Net Assets 2023: $955,2652023Assets 2024: $917,555Liabilities 2024: $86,062Net Assets 2024: $831,4932024

Highlighted filing

2015

Assets$466,249
Liabilities$14,215
Net Assets$452,034

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $502,521Expenses 2011: $523,447Net Income 2011: -$20,9262011Revenue 2012: $513,320Expenses 2012: $557,903Net Income 2012: -$44,5832012Revenue 2013: $651,682Expenses 2013: $648,651Net Income 2013: $3,0312013Revenue 2014: $596,005Expenses 2014: $597,742Net Income 2014: -$1,7372014Revenue 2015: $734,212Expenses 2015: $681,310Net Income 2015: $52,9022015Revenue 2016: $668,621Expenses 2016: $662,384Net Income 2016: $6,2372016Revenue 2017: $900,141Expenses 2017: $841,589Net Income 2017: $58,5522017Revenue 2018: $976,519Expenses 2018: $851,608Net Income 2018: $124,9112018Revenue 2019: $1,080,761Expenses 2019: $1,026,968Net Income 2019: $53,7932019Revenue 2020: $1,097,242Expenses 2020: $1,045,494Net Income 2020: $51,7482020Revenue 2021: $823,198Expenses 2021: $723,819Net Income 2021: $99,3792021Revenue 2022: $1,183,303Expenses 2022: $1,158,479Net Income 2022: $24,8242022Revenue 2023: $1,591,012Expenses 2023: $1,507,218Net Income 2023: $83,7942023Revenue 2024: $1,867,590Expenses 2024: $1,991,362Net Income 2024: -$123,7722024

Highlighted filing

2015

Revenue$734,212
Expenses$681,310
Net Income$52,902
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$734,212
Mission and Program Overview

Mission

Wsta advances the value of public transit through public education and outreach, advocacy of positive and effective public policy and fostering the collaboration and professional development of public transit employees.

To promote and enhance public transit for the citizens of washington. Wsta advocates for state legislation beneficial to public transit, fosters the professional growth and development of transit professionals, and provides outreach and education about public transportation on benalf of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$421,303$445,639▲ $24,336
Pledges and Grants Receivable$895$14,629▲ $13,734
Land, Buildings, and Equipment, Net$8,366$5,981▼ $2,385
Total Assets$430,564$466,249▲ $35,685
Liabilities
Accounts Payable and Accrued Expenses$31,432$14,215▼ $17,217
Total Liabilities$31,432$14,215▼ $17,217
Net Assets / Fund Balance
Unrestricted Net Assets$399,132$452,034▲ $52,902
Total Net Assets Fund Balance$399,132$452,034▲ $52,902
Total Liabilities and Net Assets / Fund Balance$430,564$466,249▲ $35,685

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,981$17,011$22,992
Compensation and Service Providers

Employees

NameTitleBaseTotal
Geri BeardsleyExecutive Di$126,383$126,383
Geri BeardsleyExecutive Director$126,383$126,383
Revenue and Support

Revenue Composition

Contributions and Grants
$491,700
Program Service Revenue
$241,868
Investment Income
$644
Other Revenue
$0
Change in Net Assets
$52,902

Audited Revenue Reconciliation

Revenue per Audited Statements
$734,212
Total Revenue per Audited Statements
$734,212
Total Revenue per Form 990
$734,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,770
Salaries, Compensation, and Employee Benefits$301,540
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,273$51,643-$237,916
Conferences and Meetings$130,035$1,899-$131,934
Fees for Services Lobbying$105,000--$105,000
Other Employee Benefits$34,076$8,170-$42,246
Payroll Taxes$17,370$4,008-$21,378
Occupancy$16,200$1,800-$18,000
Office Expenses$10,192$2,842-$13,034
Fees for Services Legal$9,986--$9,986
Travel$9,415--$9,415
Fees for Services Accounting-$5,800-$5,800
Other Expenses$3,201$356-$3,557
Interest$2,427--$2,427
Depreciation Depletion$1,884$501-$2,385
Insurance-$574-$574
All Other Expenses-$365-$365
Total Functional Expenses$600,035$81,275$0$681,310

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$681,310
Total Expenses per Audited Statements$681,310
Total Expenses per Form 990$681,310
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
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The membership of the board shall consist of the chief transit administrator, or designee, of each of the member agencies. The executive director of wsta is an ex-officio, nonvoting member of the board.

Form 990, Page 6, Part VI, Line 7B

Each member organization appoints an individual to represent the organization on the board.

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

Form 990 is reviewed by the executive director. Copies of the form 990 are distributed and reviewed by the board.

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

All board members, officers, and staff are required to disclose potential conflicts of interest as they arise. Whenver such individuals are suspected of not disclosing potential conflicts, they are referred to the governing board which takes appropriate action.

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

Tghe executive director's salary is approved by the board.

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

The board reviews all salaries and raises.

Form 990, Page 6, Part VI, Line 19

Such documents are provided upon request coming to the office

Filing and Contact Details

Filer

Filer Name
Washington State Transit
EIN
91-1152629
Address
2629 12TH COURT SW, OLYMPIA, WA 98502
Doing Business As
Wsta

Signing Officer

Name
Justin Leighton
Title
Executive Director
Phone
3607869734
Signed
2016-05-10

Organization Details

Principal Officer
Justin Leighton
Formed
1981
Legal Domicile
Wa
Voting Board Members
30
Independent Board Members
30
Employees
4

Preparer

Firm
Patricia Pich CPA
Address
300 DESCHUTES WAY SW STE 312, TUMWATER, WA 98501-7719
Preparer
Patricia Pich
Phone
3603397867
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote and enhance public transit for the citizens of washington. Wsta advocates for state legislation beneficial to public transit, fosters the professional growth and development of transit professionals, and provides outreach and education about public transportation on benalf of our members.

Form 990, Page 2, Part III, Line 4A

Appropriate consitent with the wsta mission and vision.

Form 990, Page 2, Part III, Line 4B

Related to public transportation. Occasionally, wsta provides legislative updates to members regarding issues at the federal level and may prepare comment letters on behalf of members. Wsta also collaborates with other partners to provide outreach and education on the benefits of public transportatiuon. This work includes development of informational documents, responses to questions, drafting of articles and/or news releases for the press, and coordinating with other groups including grass roots organizations and various business groups. In recent years, this work has been closely tied to discussions about a possible statewide transportaation funding package.

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IRS990/Form990PartVIISectionAGrp/TitleTxt26PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TREASURER
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IRS990/ProgSrvcAccomActy2Grp/Desc0LEGISLATIVE AND PUBLIC OUTREACH: THE WASHINGTON STATE TRANSIT ASSOCIATION (WSTA) MEMBERS WORK TOGETHER TO DEVELOP A STATE LEGISLATIVE AGENDA AND THEN WORK TOGETHER (MEMBERS, WSTA EXECUTIVE DIRECTOR, AND WSTA AND SMTA (A CAUCUS OF WSTA) CONTRACT LOBBYISTS) TO PURSUE THE LEGISLATIVE AGENDA. WSTA PROVIDES EDUCATIONAL INFORMATION AND BRIEFINGS, AS WELL AS A CENTRAL POINT OF CONTACT TO LEGISLATORS, LEGISLATIVE STAFF, AND THE GOVERNOR'S OFFICE AND STAFF, AND STATE AGENCIES. AS NEEDED, WSTA PREPARES COMMENTS ON PROPOSED STATE LAWS, RULES, AND BUDGET PROPOSALS, AND FUNDING PACKAGES. WSTA PROVIDES WEEKLY UPDATTES AND CALLS TO KEEP MEMBES INFORMED OF LEGISLATIVE ACTIVITIES DURING THE STATE LEGISLATIVE SESSION. WSTA PARTICIPATES IN LEGISLATIVE STUDIES RELATED TO PUBLIC TRANSPORTATION. OCCASIONALLY, WSTA PROVIDES LEGISLATIVE UPDATES TO MEMBERS REGARDING ISSUES AT THE FEDERAL LEVEL AND MAY PREPARE COMMENT LETTERS ON BEHALF OF MEMBERS. WSTA ALSO COLLABORATES WITH OTHER PARTNERS TO PROVIDE OUTREACH AND EDUCATION ON THE BENEFITS OF PUBLIC TRANSPORTATIUON. THIS WORK INCLUDES DEVELOPMENT OF INFORMATIONAL DOCUMENTS, RESPONSES TO QUESTIONS, DRAFTING OF ARTICLES AND/OR NEWS RELEASES FOR THE PRESS, AND COORDINATING WITH OTHER GROUPS INCLUDING GRASS ROOTS ORGANIZATIONS AND VARIOUS BUSINESS GROUPS. IN RECENT YEARS, THIS WORK HAS BEEN CLOSELY TIED TO DISCUSSIONS ABOUT A POSSIBLE STATEWIDE TRANSPORTAATION FUNDING PACKAGE.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.09$0.83$1.87$1.99$0.12
2023Summary only. Only limited summary data is available for this year.$1.06$0.10$0.96$1.59$1.51$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.07$0.87$1.18$1.16$0.02
2021Summary only. Only limited summary data is available for this year.$0.92$0.07$0.85$0.82$0.72$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.07$0.75$1.10$1.05$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.05$0.70$1.08$1.03$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.04$0.64$0.98$0.85$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.04$0.52$0.90$0.84$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.02$0.46$0.67$0.66$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.45$0.73$0.68$0.05
2014Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$0.60$0.60$0.00
2013Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$0.65$0.65$0.00
2012Summary only. Only limited summary data is available for this year.$0.41$0.01$0.40$0.51$0.56$0.04
2011Summary only. Only limited summary data is available for this year.$0.45$0.01$0.44$0.50$0.52$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • $500k-$1M nonprofits