Brookings Area Transit Authority
- Assets
- $2.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 46
- Location
- Brookings, SD
- Founding
- 09/1992
- Data as of
- 09/2023
- EIN
- 46-0420571
Organization Overview
Brookings Area Transit Authority is located in Brookings, SD. The organization was established in 1992. 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 09/2023, Brookings Area Transit Authority employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookings Area Transit Authority 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 09/2023, Brookings Area Transit Authority generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.0m during the year ending 09/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BROOKINGS AREA TRANSIT AUTHORITY WAS ESTABLISHED TO PROVIDE PUBLIC TRANSPORTATION ACTIVITIES AND OPERATIONS FOR ALL CITIZENS OF THE BROOKINGS AREA OF SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PUBLIC TRANSPORTATION SERVICE TO PEOPLE OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Bortnem Executive Di | Trustee | 40 | $71,165 |
Shelly Bayer Director | Trustee | 0.25 | $0 |
Paul Briseno Director | Trustee | 0.25 | $0 |
Kelsey Doom Director | Trustee | 0.25 | $0 |
Carol Eisenbeis Director | Trustee | 0.25 | $0 |
Carolyn Groves Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,279,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,344,901 |
| Total Program Service Revenue | $564,724 |
| Investment income | $40,669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,150 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,064,432 |
| 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. | $87,227 |
| Compensation of current officers, directors, key employees. | $87,227 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $955,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,871 |
| Payroll taxes | $79,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,056 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,352 |
| Office expenses | $8,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,601 |
| Travel | $2,087 |
| 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 | $227,671 |
| Insurance | $19,517 |
| All other expenses | $21,739 |
| Total functional expenses | $1,989,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,566,374 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $173,283 |
| Accounts receivable, net | $43,173 |
| 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 | $18,410 |
| Net Land, buildings, and equipment | $750,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $98,227 |
| Total assets | $2,649,822 |
| Accounts payable and accrued expenses | $13,918 |
| 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 | $79,737 |
| Total liabilities | $93,655 |
| Net assets without donor restrictions | $2,333,132 |
| Net assets with donor restrictions | $223,035 |
| 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 | $2,649,822 |