Civic Intelligence

Mat-Su Community Transit

990 • Fiscal year 2015 • EIN 92-0166625

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 15, 2016

PO Box 871590Wasilla, AK 99687

(907) 376-5000

Siviq Scores

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

Liabilities / Assets

76th percentile

0.30x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.16x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

10th percentile

-29%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

64th percentile

$47,049

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

4th percentile

-41%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-15%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$471,196

Down $324,870 (-41%) from 2014

Net Assets

Down

$329,515

Down $248,466 (-43%) from 2014

Liabilities

Down

$141,681

Down $76,404 (-35%) from 2014

Revenue

Down

$867,647

Down $149,099 (-15%) from 2014

Expenses

Down

$1,116,113

Down $232,894 (-17%) from 2014

Net Income

Up

-$248,466

Up $83,795 (+25%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,231,858Liabilities 2011: $39,057Net Assets 2011: $1,192,8012011Assets 2012: $1,216,396Liabilities 2012: $196,880Net Assets 2012: $1,019,5162012Assets 2013: $1,046,642Liabilities 2013: $136,400Net Assets 2013: $910,2422013Assets 2014: $796,066Liabilities 2014: $218,085Net Assets 2014: $577,9812014Assets 2015: $471,196Liabilities 2015: $141,681Net Assets 2015: $329,5152015Assets 2016: $383,892Liabilities 2016: $98,574Net Assets 2016: $285,3182016Assets 2017: $355,063Liabilities 2017: $69,327Net Assets 2017: $285,7362017Assets 2018: $828,087Liabilities 2018: $129,057Net Assets 2018: $699,0302018Assets 2019: $917,627Liabilities 2019: $89,752Net Assets 2019: $827,8752019Assets 2020: $1,043,345Liabilities 2020: $126,731Net Assets 2020: $916,6142020Assets 2021: $1,512,022Liabilities 2021: $101,695Net Assets 2021: $1,410,3272021Assets 2022: $1,983,601Liabilities 2022: $449,477Net Assets 2022: $1,534,1242022Assets 2023: $6,083,927Liabilities 2023: $112,424Net Assets 2023: $5,971,5032023Assets 2024: $5,256,162Liabilities 2024: $143,104Net Assets 2024: $5,113,0582024

Highlighted filing

2015

Assets$471,196
Liabilities$141,681
Net Assets$329,515

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,268,751Expenses 2011: $1,459,805Net Income 2011: -$191,0542011Revenue 2012: $1,447,107Expenses 2012: $1,620,392Net Income 2012: -$173,2852012Expenses 2013: $1,611,2792013Revenue 2014: $1,016,746Expenses 2014: $1,349,007Net Income 2014: -$332,2612014Revenue 2015: $867,647Expenses 2015: $1,116,113Net Income 2015: -$248,4662015Revenue 2016: $783,607Expenses 2016: $826,244Net Income 2016: -$42,6372016Revenue 2017: $688,029Expenses 2017: $687,611Net Income 2017: $4182017Revenue 2018: $1,707,706Expenses 2018: $1,577,185Net Income 2018: $130,5212018Revenue 2019: $1,673,927Expenses 2019: $1,545,082Net Income 2019: $128,8452019Revenue 2020: $1,798,627Expenses 2020: $1,709,888Net Income 2020: $88,7392020Revenue 2021: $1,879,229Expenses 2021: $1,760,353Net Income 2021: $118,8762021Revenue 2022: $2,143,235Expenses 2022: $1,935,529Net Income 2022: $207,7062022Revenue 2023: $6,749,692Expenses 2023: $2,228,404Net Income 2023: $4,521,2882023Revenue 2024: $2,300,424Expenses 2024: $2,952,966Net Income 2024: -$652,5422024

Highlighted filing

2015

Revenue$867,647
Expenses$1,116,113
Net Income-$248,466
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 15, 2016
Return Version
2014v6.0
Gross Receipts
$867,647
Mission and Program Overview

Mission

Provide public transportation to the matanuska-susitna community.

Public Transportation

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$550,026$355,506▼ $194,520
Pledges and Grants Receivable$172,527$80,250▼ $92,277
Cash and Non-Interest-Bearing Accounts$95$33,112▲ $33,017
Prepaid Expenses and Deferred Charges$23,007--
Accounts Receivable$18,392$1,613▼ $16,779
Savings and Temporary Cash Investments$31,399$95▼ $31,304
Total Assets$796,066$471,196▼ $324,870
Other Assets Total$620$620→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$95,546$74,646▼ $20,900
Accounts Payable and Accrued Expenses$122,539$67,035▼ $55,504
Total Liabilities$218,085$141,681▼ $76,404
Net Assets / Fund Balance
Unrestricted Net Assets$577,981$329,515▼ $248,466
Total Net Assets Fund Balance$577,981$329,515▼ $248,466
Total Liabilities and Net Assets / Fund Balance$796,066$471,196▼ $324,870

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$213,760$1,950,278$2,164,038
Buildings$141,746$116,297$258,043
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Naomi NelsonExecutive DirectorFT$47,049$47,049

Board Members and Trustees

NameTitle
Charles ParkerPresident
Don ShieslVice President
Brad SwortsDirector
Karen NugenDirector
Theo GarciaDirector
Archie GiddingsSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$485,037
Program Service Revenue
$355,246
Investment Income
$23
Other Revenue
$27,341
All Other Contributions
$2,228
Change in Net Assets
$-248,466

Audited Revenue Reconciliation

Revenue per Audited Statements
$867,647
Revenue Not Reported on Form 990
$500,067
Total Revenue per Audited Statements
$1,367,714
Total Revenue per Form 990
$867,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$662,318
Salaries, Compensation, and Employee Benefits$453,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$320,169$36,732$0$356,901
Depreciation Depletion$194,520$0$0$194,520
Insurance$73,762$11,416$0$85,178
Current Officers, Directors, Trustees, and Key Employees$0$50,223$0$50,223
Payroll Taxes$29,461$8,310$0$37,771
Occupancy$0$28,000$0$28,000
Fees for Services Accounting$0$22,645$0$22,645
Office Expenses$0$22,102$0$22,102
Other Expenses$12,426$3,174$0$15,600
Other Employee Benefits$6,942$1,958$0$8,900
Interest$0$5,212$0$5,212
Travel$272$2,726$0$2,998
Advertising$0$1,504$0$1,504
Fees for Services Other$0$90$0$90
Total Functional Expenses$909,955$206,158$0$1,116,113

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,616,180
Expenses per Audited Statements$1,116,113
Total Expenses per Form 990$1,116,113
Expenses Not Reported on Form 990$500,067
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
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mat-Su Community Transit
EIN
92-0166625
Phone
9073765000
Address
PO Box 871590, Wasilla, AK 99687

Signing Officer

Name
Naomi Nelson
Title
Executive Director
Phone
9073765000
Signed
2016-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Archie Giddings
Formed
1999
Legal Domicile
Ak
Voting Board Members
6
Independent Board Members
6
Employees
21
Volunteers
0

Preparer

Firm
Foster and Company LLC
Address
PO BOX 872194, WASILLA, AK 99687-2194
Preparer
Karen M Foster
Phone
9073766901
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Executive Director and Board review.

Pt VI, Line 12C

Statements are reviewed at least annually by the Board of Directors.

Pt VI, Line 15A

Board of Directors reviews compensation of Executive Director annually.

Pt VI, Line 19

Available upon request.

Financial Statement Notes

Pt X, Line 2

The Organization is exempt from federal and state income taxes as a nonprofit corporation under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. The Organization is exempt from federal income taxes except on net income derived from unrelated business activities of which there is none. The Organization believes that it has appropriate support for any tax positions taken, and as such does not have any uncertain tax positions that are material to the financial statements. The Organization's Federal Returns of Organizations Exempt from Income Tax (Form 990) for the prior three years are subject to examination by the IRS, generally for three years after they were filed.

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IRS990/PYOtherRevenueAmt01050
IRS990/PYProgramServiceRevenueAmt0356839
IRS990/PYRevenuesLessExpensesAmt0-332261
IRS990/PYSalariesCompEmpBnftPaidAmt0607096
IRS990/PYTotalExpensesAmt01349007
IRS990/PYTotalRevenueAmt01016746
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-248466
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0600
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0867647
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031399
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Other Income 2010: 9243. 2011: 20087. 2012: 13419. 2013: 9080. 2014: 0. Description: Worker's Comp Audit Refund 2010: 0. 2011: 0. 2012: 0. 2013: 0. 2014: 26741.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0485037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0658841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01196622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01208970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0918209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04467679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0623
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0335
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01165
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01554252
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026741
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt013419
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt020087
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09243
IRS990ScheduleA/OtherIncome170Grp/TotalAmt078570
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98250
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98890
IRS990ScheduleA/PublicSupportTotal170Amt04467679
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0485037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0658841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01196622
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01208970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0918209
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04467679
IRS990ScheduleA/TotalSupportAmt04547414
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/BookValueAmt0141746
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0116297
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0258043
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0500067
IRS990ScheduleD/DonatedServicesUseFcltsAmt0500067
IRS990ScheduleD/EquipmentGrp/BookValueAmt0213760
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01950278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02164038
IRS990ScheduleD/ExpensesNotReportedAmt0500067
IRS990ScheduleD/ExpensesSubtotalAmt01116113
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0500067
IRS990ScheduleD/RevenueSubtotalAmt0867647
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal and state income taxes as a nonprofit corporation under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. The Organization is exempt from federal income taxes except on net income derived from unrelated business activities of which there is none. The Organization believes that it has appropriate support for any tax positions taken, and as such does not have any uncertain tax positions that are material to the financial statements. The Organization's Federal Returns of Organizations Exempt from Income Tax (Form 990) for the prior three years are subject to examination by the IRS, generally for three years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0355506
IRS990ScheduleD/TotalExpensesPerForm990Amt01116113
IRS990ScheduleD/TotalRevenuePerForm990Amt0867647
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01367714
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01616180
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Executive Director and Board review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Statements are reviewed at least annually by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board of Directors reviews compensation of Executive Director annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0796066
IRS990/TotalAssetsEOYAmt0471196
IRS990/TotalAssetsGrp/BOYAmt0796066
IRS990/TotalAssetsGrp/EOYAmt0471196
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0485037
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0206158
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0909955
IRS990/TotalFunctionalExpensesGrp/TotalAmt01116113
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0218085
IRS990/TotalLiabilitiesEOYAmt0141681
IRS990/TotalLiabilitiesGrp/BOYAmt0218085
IRS990/TotalLiabilitiesGrp/EOYAmt0141681
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0577981
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0329515
IRS990/TotalProgramServiceExpensesAmt0909955
IRS990/TotalProgramServiceRevenueAmt0355246
IRS990/TotalReportableCompFromOrgAmt047049
IRS990/TotalRevenueGrp/ExclusionAmt023
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0382587
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0867647
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0796066
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0471196
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02726
IRS990/TravelGrp/ProgramServicesAmt0272
IRS990/TravelGrp/TotalAmt02998

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.$5.26$0.14$5.11$2.30$2.95$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.08$0.11$5.97$6.75$2.23$4.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.45$1.53$2.14$1.94$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.10$1.41$1.88$1.76$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.13$0.92$1.80$1.71$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.09$0.83$1.67$1.55$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.13$0.70$1.71$1.58$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.07$0.29$0.69$0.69$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.10$0.29$0.78$0.83$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.14$0.33$0.87$1.12$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.22$0.58$1.02$1.35$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.14$0.91$1.61
2012Summary only. Only limited summary data is available for this year.$1.22$0.20$1.02$1.45$1.62$0.17
2011Summary only. Only limited summary data is available for this year.$1.23$0.04$1.19$1.27$1.46$0.19