Oats INC FY2021 filing

Tax-deductible

Columbia, MO501(c)(3)Since 1971Human ServicesEIN 43-1016961

Enhancing quality of life by providing safe, caring and reliable transportation services. Our goal is to ensure every oats transit community receives superior transportation services.oats transit serves individuals of all ages in rural communities, and seniors and individuals with disabilities in urban areas. A majority of the riders are classified as low-income, handicapped or elderly. Without this service many individuals would not be able to live in their own homes, work, see a doctor or attend an educational institution. The agency is a demand-response, door-to-door transportation provider, plus operates deviated-fixed routes in a few small towns, as well as intercity express routes.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$587K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 6
years in the black
Pt I · Ln 19 · 6 filings
How much reaches the programs?
90%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$587K
to officers and key staff · 2% of spending
Pt VII · Sec A
Do they have reserves?
3 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $20K
Funders’ Sch. I, 990-PF
Do they carry debt?
$5.0M
liabilities
Pt X · Ln 26
Who oversees it?
16
independent of 16 voting board members
Pt VI · Ln 1a–1b
Revenue
$25.8M
-24% vs prior year
Spent
$27.3M
To programs
90%
Net assets
$35.3M
By yearFY2020–FY2025
Revenue
$25.8M
FY2021▼ -24%
Revenue by fiscal year
FY2020$33.8M
FY2021$25.8M
FY2022$29.6M
FY2023$36.4M
FY2024$40.0M
FY2025$41.0M
Expenses
$27.3M
FY2021▼ -5%
Expenses by fiscal year
FY2020$28.7M
FY2021$27.3M
FY2022$31.0M
FY2023$33.6M
FY2024$34.7M
FY2025$34.6M
Net assets
$35.3M
FY2021▼ -4%
Net assets by fiscal year
FY2020$36.6M
FY2021$35.3M
FY2022$33.3M
FY2023$36.2M
FY2024$40.8M
FY2025$47.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item COats INC
EINHdr · item D43-1016961
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1974
Year of formationHdr · item L1971
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CColumbia, MO
NTEE classificationIRS BMFHuman Services (P520)
WebsiteHdr · item Jwww.oatstransit.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$24.6M
Management & general10%$2.7M
Total functional expensesLn 25$27.3M

Financial health

Is it on solid ground?

Program efficiency
90%
of spending reaches programs
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$40.4M
FY2021▼ -2%
Total assets by fiscal year
FY2020$41.3M
FY2021$40.4M
FY2022$38.8M
FY2023$43.0M
FY2024$49.0M
FY2025$55.6M
Total liabilities
$5.0M
FY2021▲ +10%
Total liabilities by fiscal year
FY2020$4.7M
FY2021$5.2M
FY2022$5.4M
FY2023$6.8M
FY2024$8.2M
FY2025$8.3M
Revenue less expensesPt I · Ln 19−$1.5M
Total assetsPt X · Ln 16$40.4M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Balance Sheet

Part X · end of year
CashLn 1$6.9M
Total assetsLn 16$40.4M
Total liabilitiesLn 26$5.0M
Total net assetsLn 32$35.3M
Months of cash on handcomputed3.0

Statement of Revenue

Part VIII
Contributions & grants$14.2M · 55%
Program service revenue$11.2M · 44%
Investment income$358K · 1%
Contributions & grants55%$14.2M
Program service revenue44%$11.2M
Investment income1%$358K
— government grantsLn 1e$12.0M
Total revenueLn 12$25.8M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.4M · Operating expenses (Pt IX) $27.3M · Less non-cash grants $253K · Cash operating expenses/yr $27.1M
4.1 months
Where the money goes
Program services
Program services $24.6M · Total expenses $27.3M
90%
Management & General
Management & general $2.7M · Total expenses $27.3M
10%
Fundraising
Fundraising $0 · Total expenses $27.3M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.9M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $14.2M · Total revenue $25.8M
55%
Government reliance
Government grants $12.0M · Total revenue $25.8M
47%
Earned-income share
Program service revenue $11.2M · Total revenue $25.8M
44%
Investment reliance
Investment income $358K · Total revenue $25.8M
+1%
Program self-sufficiency
Program service revenue $11.2M · Total expenses $27.3M
41%
Growth & trend
Revenue growth (YoY)
This year $25.8M · Prior year $33.8M
-24%
Net-asset trend (YoY)
End of year $35.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $25.8M · Expenses $27.3M
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $40.4M
—
Net-asset ratio
Net assets $35.3M · Total assets $40.4M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.4M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $40.4M
6%
People & payroll
Highest Reported Total Compensation
Individual Dorothy Yeager · Reported title Executive Dir. · Highest reported compensation $150K · Total expenses $27.3M
0.5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16.4M · Total expenses $27.3M
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 10%——
Fundraising cost ratio 0%——
Revenue growth -24%——
Investment management fee ratio 0%——
Legal fee ratio 0.04%——
Accounting fee ratio 0.2%——
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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$149,624Pt VII · Sec A
Executive Dir.
$149,624Pt VII · Sec A
Finance Dir.
$101,141Pt VII · Sec A
Finance Dir.
$101,141Pt VII · Sec A
Former Executive Director
$42,809Pt VII · Sec A
Former Executive Director
$42,809Pt VII · Sec A
Secret/Treasure
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Steve Weekley’s $150K as IT Director is at the 19th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Steve Weekley$149,645$143,185$135,322———
Dorothy Yeager$142,452$137,260$132,631$134,197$149,624$127,386
Jill Stedem$133,174$127,534$120,068———
Pam Knox$126,386$121,024$112,962———
Steve Durben$117,905$96,427$91,065———
Tracy Walkup$114,931$109,836$103,219———
Beth Langley$113,801$106,601$100,076———
Dion Knipp—$112,070$104,539———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 16Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides safe, caring, and reliable transportation for rural residents, seniors, and people with disabilities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $49.2M of program spending, described in the organization's own filed words · FY2020.
01

OATS Inc., a public transportation system, serves 87 counties in the State of Missouri. OATS provided 82,4591 one-way trips with a fleet of over 770 vehicles and a staff of 585. OATS normal hrs are Mon through Fri 6:00 am-6:00 pm, but many times operates outside those hours due to the nature of the transportation. OATS Inc.

$24.6Mprogram expense
02

OATS Inc., a public transportation system, serves 87 counties in the State of Missouri. OATS provided 824,591 one-way trips with a fleet of over 770 vehicles and a staff of 585. OATS normal hrs are Mon through Fri 6:00 am-6:00 pm, but many times operates outside those hours due to the nature of the transportation. OATS Inc.

$24.6Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$20K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $41.0M$34.6M+3% 990 PDF
FY2024 $40.0M$34.7M+10% 990 PDF
FY2023 $36.4M$33.6M+23% 990 PDF
FY2022 $29.6M$31.0M+15% 990 PDF
FY2021 Viewing $25.8M$27.3M-24% 990 PDF
FY2020 $33.8M$28.7M 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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