Interior Alaska Bus Line
- Assets
- $149.0k
- Revenue
- $407.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Tok, AK
- Founding
- 05/2013
- Data as of
- 06/2022
- EIN
- 35-2419307
Organization Overview
Interior Alaska Bus Line is located in Tok, AK. The organization was established in 2013. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 06/2022, Interior Alaska Bus Line employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interior Alaska Bus Line is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Interior Alaska Bus Line generated $407.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $401.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BUS TRANPORTATION THROUGHOUT INTERIOR ALASKA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING PUBLIC BUS TRANSPORTATION TO EASTERN ALASKA COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Swayer Executive Director | Officer | 50 | $0 |
Vickie Ericson Presient | Trustee | 2 | $0 |
Daniel David Secretary | Trustee | 5 | $0 |
Maria Gibson Vice President | Trustee | 2 | $0 |
Gerald Blachard Traesuer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $252,032 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $252,032 |
| Total Program Service Revenue | $120,692 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $407,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,411 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,207 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,367 |
| Office expenses | $1,131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,614 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,835 |
| Insurance | $18,260 |
| All other expenses | $0 |
| Total functional expenses | $401,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,732 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,849 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $65,406 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,987 |
| Accounts payable and accrued expenses | $7,658 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,658 |
| Net assets without donor restrictions | $141,329 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $148,987 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paratransit Services Bremerton, WA | $7,178,822 | $33,152,934 |
Central Area Rural Transit System Inc Soldotna, AK | $370,747 | $1,074,625 |
Glacier Valley Transit Girdwood, AK | $467,633 | $502,719 |
Interior Alaska Bus Line Tok, AK | $148,987 | $407,239 |
Trancare Wenatchee, WA | $156,009 | $342,829 |
Protran East Yakima, WA | $9,449 | $221,251 |
Logistics And Transportation Association Of North America Union, WA | $63,586 | $0 |
Giving To Fly Bothell, WA | $9,090 | $0 |