Oscoda County Area Transit FY2020 filing

Not tax-deductible

Mio, MI501(c)(4)Human ServicesEIN 38-3598378

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To provide transportation for senior citizens, persons with disabilities, veterans, and persons in need of transportation.

81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $4K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$150K
128% of total assets
Concern: liabilities are 128% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$160K
-57% vs prior year
Spent
$328K
To programs
81%
Net assets
−$33K
By yearFY2019–FY2024
Revenue
$160K
FY2020▼ -57%
Revenue by fiscal year
FY2019$374K
FY2020$160K
FY2021$242K
FY2022$577K
FY2023$617K
FY2024$587K
Expenses
$328K
FY2020▼ -5%
Expenses by fiscal year
FY2019$346K
FY2020$328K
FY2021$285K
FY2022$403K
FY2023$543K
FY2024$676K
Net assets
−$33K
FY2020▼ -114%
Net assets by fiscal year
FY2019$231K
FY2020−$33K
FY2021−$76K
FY2022$98K
FY2023$173K
FY2024$84K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $266K Management & general 19% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Oscoda County Area Transit executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers rides for seniors, disabled individuals, veterans, and those needing transportation assistance.

Provided by the organization

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1 program · $266K · in their own filed words · FY2020
01

The organization provides transportation for members of oscoda county.

$266Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$160K
Ln 12
Gifts and grantsLn 1h$102K
Fees for servicesLn 2g$58K
Other incomeLn 4–11$25
Money outPt IX
$328K
Ln 25
Programscol B$266K
Managementcol C$61K
Owns and owesPt X
−$33K
net assets · Ln 32
Cash and savingsLn 1–2$59K
Total assetsLn 16$117K
LiabilitiesLn 26$150K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$102K
Government grantsLn 1e$102K
Fees for servicesLn 2g$58K
Investment incomeLn 3$18
Other incomeLn 4–11$25
Total revenueLn 12$160K
Assets in detailPt X, end of year
CashLn 1$59K
Cash and savings togetherLn 1–2$59K
Land, buildings, equipmentLn 10c$41K
Other assetsLn 15$18K
Total assetsLn 16$117K
LiabilitiesLn 26$150K
Net assetsLn 32−$33K
OperationsPt I, VI
EmployeesI 518
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$30K$59K
Land, buildings, equipmentLn 10c$200K$41K
Total assetsLn 16$237K$117K
LiabilitiesLn 26$5K$150K
Net assetsLn 32$231K−$33K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$200K$150K$50K
Payroll taxesLn 10$17K$12K$4K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$80$80
Office expensesLn 13$4K$4K
OccupancyLn 16$27K$27K
TravelLn 17$9K$9K
Conferences, conventions and meetingsLn 19$506$506
Depreciation, depletion and amortizationLn 22$36K$36K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$17K$17K
Total functional expensesLn 25$328K$266K$61K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $587K$676K−$89K$84K 990 PDF
FY2023 $617K$543K$75K$173K 990 PDF
FY2022 $577K$403K$174K$98K 990 PDF
FY2021 $242K$285K−$43K−$76K 990 PDF
FY2020 Viewing $160K$328K−$167K−$33K 990 PDF
FY2019 $374K$346K$28K$231K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $160,029 across 6 lines filed
VIII-1e Government grants$102,160
VIII-1h Total contributions, gifts and grants$102,160
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $57,826$57,826
VIII-3 Investment incomeExcluded from tax $18$18
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $25$25
VIII-12 Total revenueRelated to mission $57,851 · Excluded from tax $18$160,029
Part IX · Statement of functional expenses $327,508 across 11 lines filed
IX-7 Other salaries and wagesPrograms $150,136 · Management $50,045$200,181
IX-10 Payroll taxesPrograms $12,418 · Management $4,139$16,557
IX-11c Accounting feesManagement $2,739$2,739
IX-12 Advertising and promotionManagement $80$80
IX-13 Office expensesManagement $4,036$4,036
IX-16 OccupancyPrograms $26,868$26,868
IX-17 TravelPrograms $8,644$8,644
IX-19 Conferences, conventions and meetingsPrograms $506$506
IX-22 Depreciation, depletion and amortizationPrograms $36,403$36,403
IX-23 InsurancePrograms $14,750$14,750
IX-24 Other expenses (24a–d)Programs $16,744$16,744
IX-25 Total functional expensesPrograms $266,469 · Management $61,039 · Fundraising $0$327,508
Part X · Balance sheet $117,081 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $29,902$58,533
X-10c Land, buildings and equipment, netStart of year $200,045$40,778
X-15 Other assets$17,770
X-16 Total assetsStart of year $236,561$117,081
X-24 Unsecured notes and loans payable$149,900
X-26 Total liabilitiesStart of year $5,460$149,900
X-32 Total net assets or fund balancesStart of year $231,101−$32,819
X-33 Total liabilities and net assetsStart of year $236,561$117,081
Part XI · Reconciliation of net assets −$32,819 net assets at year end
XI-1 Total revenue$160,029
XI-2 Total expenses$327,508
XI-3 Revenue less expenses−$167,479
XI-4 Net assets at start of year$231,101
XI-9 Other changes in net assets−$96,441
XI-10 Net assets at end of year−$32,819

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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