Oklahoma Transit Association

Not tax-deductible

Oklahoma City, OK501(c)(4)EIN 75-2129006Revenue $220K in FY2024

On file with the IRSoktransitassociation.com101 Park Ave Ste 1300, 73102-7216 · Oklahoma City, OKTax-exempt since Jun 1987

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To provide training and support to public transit members.

99¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
0 of 5
filings with a surplus
Average deficit $39K a year · 16% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$220K
+31% vs prior year
Spent
$261K
To programs
99%
Net assets
$772K
By yearFY2020–FY2024
Revenue
$220K
FY2024▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$411K
FY2021$278K
FY2022$167K
FY2023$168K
FY2024$220K
Expenses
$261K
FY2024▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$413K
FY2021$324K
FY2022$230K
FY2023$212K
FY2024$261K
Net assets
$772K
FY2024▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$993K
FY2022$858K
FY2023$813K
FY2024$772K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1987.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $260K Management & general 1% · $2K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2021FY2020
Mark C Nestlen—$27,386
Andrea Ball$24,736—

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.

See Oklahoma Transit Association 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains and supports public transit workers.

Provided by the organization

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2 programs · $260K · in their own filed words · FY2024
01

Develop training programs, disseminate training & industry info to member agencies, and increase public awareness of & participation in the public transportation industry.

$260Kprogram expense
02

Roadeo

Send employees of member agencies to formal training courses with expenses reimbursed by US Dept of Transportation Rural Technical Assistance Program.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$220K
Ln 12
Fees for servicesLn 2g$154K
Investment incomeLn 3$66K
Money outPt IX
$261K
Ln 25
Programscol B$260K
Managementcol C$2K
Owns and owesPt X
$772K
net assets · Ln 32
Cash and savingsLn 1–2$30K
Total assetsLn 16$772K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$154K
Investment incomeLn 3$66K
Gains on assetsLn 7$11K
Total revenueLn 12$220K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$21K
Cash and savings togetherLn 1–2$30K
InvestmentsLn 11–13$741K
Total assetsLn 16$772K
LiabilitiesLn 26$0
Net assetsLn 32$772K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$22K$30K
InvestmentsLn 11–13$791K$741K
Total assetsLn 16$813K$772K
LiabilitiesLn 26$0$0
Net assetsLn 32$813K$772K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$99K$99K
Other employee benefitsLn 9$14K$14K
Payroll taxesLn 10$4K$4K
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$30K$30K
Advertising and promotionLn 12$219$219
Office expensesLn 13$11K$11K
OccupancyLn 16$1K$1K
TravelLn 17$20K$20K
Conferences, conventions and meetingsLn 19$64K$64K
InsuranceLn 23$3K$2K$2K
Other expenses (24a–d)Ln 24$11K$11K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$261K$260K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $220K$261K−$41K$772K 990 PDF
FY2023 $168K$212K−$45K$813K 990 PDF
FY2022 $167K$230K−$63K$858K 990 PDF
FY2021 $278K$324K−$45K$993K 990 PDF
FY2020 $411K$413K−$2K$1.0M 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 FY2024 990 (6 parts)
Part I · Summary $219,984 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $128,262$154,354
I-10 Investment incomePrior year $39,238$65,630
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $167,500$219,984
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $99,852$116,900
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $112,521$144,210
I-18 Total expensesPrior year $212,373$261,110
I-19 Revenue less expensesPrior year −$44,873−$41,126
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $219,984 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $154,354$154,354
VIII-3 Investment incomeExcluded from tax $54,568$54,568
VIII-7 Net gain or loss on sales of assetsRelated to mission $11,062$11,062
VIII-12 Total revenueRelated to mission $165,416 · Unrelated business $0 · Excluded from tax $54,568$219,984
Part IX · Statement of functional expenses $261,110 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $98,942$98,942
IX-9 Other employee benefitsPrograms $13,932$13,932
IX-10 Payroll taxesPrograms $4,026$4,026
IX-11c Accounting feesPrograms $1,500$1,500
IX-11d Lobbying feesPrograms $30,128$30,128
IX-12 Advertising and promotionPrograms $219$219
IX-13 Office expensesPrograms $11,358$11,358
IX-16 OccupancyPrograms $1,352$1,352
IX-17 TravelPrograms $20,263$20,263
IX-19 Conferences, conventions and meetingsPrograms $64,230$64,230
IX-23 InsurancePrograms $1,590 · Management $1,589$3,179
IX-24 Other expenses (24a–d)Programs $10,873$10,873
IX-24e All other expensesPrograms $1,108$1,108
IX-25 Total functional expensesPrograms $259,521 · Management $1,589 · Fundraising $0$261,110
Part X · Balance sheet $771,623 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $15,979$9,519
X-2 Savings and temporary cash investmentsStart of year $6,034$20,729
X-11 Publicly traded securitiesStart of year $790,736$741,375
X-16 Total assetsStart of year $812,749$771,623
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $812,749$771,623
X-33 Total liabilities and net assetsStart of year $812,749$771,623
Part XI · Reconciliation of net assets $771,623 net assets at year end
XI-1 Total revenue$219,984
XI-2 Total expenses$261,110
XI-3 Revenue less expenses−$41,126
XI-4 Net assets at start of year$812,749
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$771,623

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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