Transitus Inc
- Assets
- $106.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-5076349
Organization Overview
Transitus Inc is located in Columbus, OH. The organization was established in 2019. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Transitus 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, Transitus Inc generated $48.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (43.2%) each year. All expenses for the organization totaled $50.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUSTAINABILITY TO PROVIDE EDUCATION AND RESOURCES TO UNDERSERVED COMMUNITIES IN THE GREATER CINCINNATI AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lane Executive Director | 3 | $0 | |
Kimberly Gibson Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $50,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,886 |
| Other assets | $0 |
| Total assets | $106,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,886 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Transitus Inc has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $25,000 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH PURPOSE: EXTRA STAFFING FOR FOOD FOREST | $20,000 |
Posner Foundation Of Pittsburgh Pittsburgh, PA PURPOSE: UNRESTRICTED/ GENERAL USE | $10,000 |
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