Paratransit Inc
- Assets
- $13.1m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 149
- Location
- Sacramento, CA
- Founding
- 12/1978
- Data as of
- 06/2022
- EIN
- 94-2519965
Organization Overview
Paratransit Inc is located in Sacramento, CA. The organization was established in 1978. 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, Paratransit Inc employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paratransit 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 06/2022, Paratransit Inc generated $14.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $13.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRANSPORTATION SERVICES FOR THE DISABLED AND ELDERLY & SUPPORT SERVICES TO SIMILAR AGENCIES.
Describe the Organization's Program Activity:
TRANSPORTATION FOR THE ELDERLY, PERSONS WITH DISABILITIES, AND UNDERSERVED YOUTH IN THE SACRAMENTO METROPOLITAN AREA.
DESTINATIONS MOBILITY PROVIDES RENTALS OF WHEELCHAIR ACCESSIBLE AND HAND CONTROL VEHICLES.
DELIVERY OF FOOD BOXES AND RESTAURANT MEALS ON BEHALF OF THE SACRAMENTO FOOD BANK AND FAMILY MEAL PROGRAMS.MAINTENANCE SUPPORT SERVICES TO ASSIST OTHER LOCAL AGENCIES.
TRAVEL TRAINING INSTRUCTORS WORK WITH INDIVIDUALS TO TEACH THEM HOW TO UNDERSTAND AND NAVIGATE VARIOUS MODES OF TRANSPORTATION SUCH AS FIXED-ROUTE BUS, LIGHT RAIL SYSTEMS, BIKE/SCOOTER SHARE, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Patrick Hume President | OfficerTrustee | 1 | $0 |
Ms Kim Tucker Vice President | OfficerTrustee | 1 | $0 |
Mr Jim Alves Secretary/treasurer | OfficerTrustee | 1 | $0 |
Ms Julia Burrows Director | Trustee | 1 | $0 |
Ms Alice Kimble Director | Trustee | 1 | $0 |
Mr Vidhu Shekhar Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
One America Financial Partners Inc Retirement Plan Services | 6/29/22 | $650,768 |
Hunt & Sons Inc Fuel | 6/29/22 | $788,663 |
Clean Energy Cng Fuel | 6/29/22 | $504,725 |
Trapeze Software Group Inc Custom Software | 6/29/22 | $419,559 |
Asian Community Center Vehicle Insurance Reimb. | 6/29/22 | $138,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,691,767 |
| 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 | $8,691,767 |
| Total Program Service Revenue | $5,408,846 |
| Investment income | $8,853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,090 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,140,201 |
| 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. | $706,609 |
| Compensation of current officers, directors, key employees. | $119,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,353,574 |
| Pension plan accruals and contributions | $508,820 |
| Other employee benefits | $1,716,839 |
| Payroll taxes | $425,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $133,776 |
| Fees for services: Accounting | $37,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $884,507 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,127 |
| Travel | $81,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,633 |
| Interest | $106,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,380,640 |
| Insurance | $917,598 |
| All other expenses | $89,822 |
| Total functional expenses | $13,572,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,669,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $285,372 |
| Accounts receivable, net | $1,586,673 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $104,424 |
| Prepaid expenses and deferred charges | $424,118 |
| Net Land, buildings, and equipment | $6,754,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $253,591 |
| Total assets | $13,078,888 |
| Accounts payable and accrued expenses | $1,184,598 |
| 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 | $2,672,120 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $566,524 |
| Total liabilities | $4,423,242 |
| Net assets without donor restrictions | $8,642,645 |
| Net assets with donor restrictions | $13,001 |
| 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 | $13,078,888 |