Getabout INC EIN 06-1042160 Form 990 (PDF) Claim this org

Getabout INC FY2021 filing

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Provides transportation for seniors and special needs residents to local destinations and medical appointments. For fiscal year 2021 it reported $384K in revenue, $318K in expenses, and $740K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
New Canaan, CT
Filings
5 on file (2020–2021)
Revenue
$384KFY2021
Expenses
$318K
Net assets
$740K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  06-1042160 Public charity (501(c)(3)) New Canaan, CT
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides transportation for seniors and special needs residents to local destinations and medical appointments.
Leadership
William Post · President Director
Money in and out
$384K revenue, $318K expenses
Bottom line
97% program efficiency
Where the money goes · FY2021
Total revenue
$384K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$740K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.00 Fundraising $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
20.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$384K
FY2021▲ +46%
Expenses
$318K
FY2021▲ +10%
Total assets
$749K
FY2021▲ +13%
Total liabilities
$8K
FY2021▼ -69%
Total revenue
$384K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$740K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$67K
Total assetsPt X · Ln 16$749K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $307K of program spending, described in the organization's own filed words · FY2021.
01

Providing services described in our mission statement

$307Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGetabout INC
EINHdr · item D06-1042160
Principal addressHdr · item CNew Canaan, CT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President Director
$0Pt VII · Sec A
Director Treasurer
$0Pt VII · Sec A
Director Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Getabout INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$350K · 91%
Investment income$28K · 7%
Program service revenue$6K · 1%
Contributions & grants91%$350K
Investment income7%$28K
Program service revenue1%$6K
— government grantsLn 1e$71K
Total revenueLn 12$384K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.00 Fundraising $0.03
Program services97%$307K
Management & general$1K
Fundraising3%$9K
Total functional expensesLn 25$318K

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$749K
Total liabilitiesLn 26$8K
Total net assetsLn 32$740K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $548K · Operating expenses (Pt IX) $318K · Less non-cash grants $593 · Cash operating expenses/yr $317K
20.7 months
Where the money goes
Program services
Program services $307K · Total expenses $318K
97%
Management & General
Management & general $1K · Total expenses $318K
0.4%
Fundraising
Fundraising $9K · Total expenses $318K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $8K · Solicited contributions (2-yr avg) $222K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $350K · Total revenue $384K
91%
Government reliance
Government grants $71K · Total revenue $384K
19%
Earned-income share
Program service revenue $6K · Total revenue $384K
1%
Investment reliance
Investment income $28K · Total revenue $384K
+7%
Program self-sufficiency
Program service revenue $6K · Total expenses $318K
2%
Growth & trend
Revenue growth (YoY)
This year $384K · Prior year $263K
+46%
Net-asset trend (YoY)
End of year $740K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $384K · Expenses $318K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $749K
Net-asset ratio
Net assets $740K · Total assets $749K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $458K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $749K
61%
People & payroll
Highest Reported Total Compensation
Individual William Post · Reported title President Director · Highest reported compensation $0 · Total expenses $318K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $185K · Total expenses $318K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 0.4%
Fundraising cost ratio 3%
Revenue growth 46%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$425K revenue · ⤓ 990 PDF
FY2023$345K revenue · ⤓ 990 PDF
FY2022$437K revenue · ⤓ 990 PDF
FY2021$384K revenue · viewing · ⤓ 990 PDF
FY2020$263K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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