Transit Alliance Group Inc
- Assets
- $1.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Chatsworth, GA
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-2005705
Organization Overview
Transit Alliance Group Inc is located in Chatsworth, GA. The organization was established in 2015. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transit Alliance Group Inc 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 12/2021, Transit Alliance Group Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP & IMPLEMENT MODELS OF TRANSIT SERVICES THAT ARE INNOVATIVE, COST-EFFECTIVE, & REPLICABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DHS IMPLEMENTED A NEW ELECTRONIC REIMBURSEMENT SYSTEM WITH RECORDING AND REIMBURSEMENT INCONSISTENCIES THAT REQUIRED MANUAL CORRECTIONS BY TAG AND OUR SUBCONTRACTORS. TO VALIDATE THE ACCURACY OF TAGS SUBCONTRACTOR DATA, TAG PURCHASED A SOFTWARE PROGRAM TO CAPTURE SUBCONTRACTOR DATA MORE EFFICIENTLY TO VERFIY THE SUBCONTRACTORS SERVICE PROVISION AND THEIR REIMBURSEMENT.
EACH YEAR TAG SUBMITS COST AND BUDGET REPORTS TO VERIFY THE COST OF DOING BUSINESS (ADMINISTRATION AND SERVICE PROVISION) WITH A FUNDING REQUEST FOR SUBCONTRACTORS AND TAG. A SIGNIFICANT RATE INCREASE WAS APPROVED IN 2021 (FY22 STATE FISCAL YEAR) FOR STATE FISCAL YEAR FY23 FUNDING CYCLE THAT BEGAN IN JULY 2022.
TAG CONTINUES TO SECURE LOCAL MATCH FOR DHS FUNDS IN THE FORM OF IN KIND LOCAL MATCH FOR FEDERAL FUNDS REQUIRING A MATCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Hurst Vice Chair | Officer | 40 | $85,000 |
Allen Feather Treasurer | Officer | 2 | $0 |
Ornetta Slaughter Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,180 |
| 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 | $46,180 |
| Total Program Service Revenue | $1,480,335 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,526,515 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,588 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,569 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,907 |
| Information technology | $180 |
| Royalties | $0 |
| Occupancy | $13,822 |
| Travel | $15 |
| 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 | $629 |
| Insurance | $11,034 |
| All other expenses | $0 |
| Total functional expenses | $1,318,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,513,613 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $722 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,281 |
| Total assets | $1,516,616 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,800 |
| Total liabilities | $2,800 |
| Net assets without donor restrictions | $0 |
| 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 | $1,513,816 |
| Total liabilities and net assets/fund balances | $1,516,616 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Bend Transit Inc Tallahassee, FL | $11,272,025 | $5,429,818 |
Student Transport Inc College Park, GA | $6,481,074 | $5,124,740 |
Ride Solution Inc Palatka, FL | $3,947,125 | $3,163,005 |
B-C-D Rural Transportation Management Association Moncks Corner, SC | $3,556,552 | $3,023,526 |
Common Courtesy Inc Atlanta, GA | $1,181,301 | $2,903,517 |
Chatham Transit Network Pittsboro, NC | $1,518,765 | $1,595,852 |
Onslow United Transit System Inc Jacksonville, NC | $3,171,387 | $2,349,973 |
Transit Alliance Group Inc Chatsworth, GA | $1,516,616 | $1,526,515 |
The Ashe County Transportation Authority West Jefferson, NC | $1,128,766 | $1,177,758 |
Explore Bike Share Inc Memphis, TN | $2,025,455 | $1,735,436 |
Self-Reliance Inc Tampa, FL | $674,753 | $920,018 |
Richmond Interagency Transportation Inc Rockingham, NC | $1,350,538 | $905,936 |