SOUTHEAST VERMONT TRANSIT INC (EIN 030353976) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

RANDALL SCHOONMAKER

Phone

8024648487

Tax Period

2024-07-01 to 2025-06-30

SOUTHEAST VERMONT TRANSIT INC, founded in 1996, is a community nonprofit in the Public & Societal Benefit sector that reported $9.0M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

ADVANCING QUALITY OF LIFE AND ECONOMIC VITALITY BY DELIVERING RELIABLE TRANSIT SERVICE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,506,931

Program Service Revenue $3,503,877

Investment Income $-1,023

Other Revenue $28,584

TOTAL REVENUE $9,038,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,311,304

Fundraising Expenses $0

Program Expenses $8,407,433

Other Expenses $4,374,498

TOTAL EXPENSES $9,685,802

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,038,369	$9,518,769	-0.1%
Expenses	$9,685,802	$9,759,046	0.0%
Net Income	$-647,433	$-240,277	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

119

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$149,830

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SETH BOYD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON RASMUSSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RANDY CAPITANI	TREASURER	1.00	Officer Director	$0	$0	$0
JOEL BLUMING	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS CAMPANY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN THOEMKE	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE FILLION	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDAN MCNAMARA	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDY SCHOONMAKER	CEO	40.00	Officer	$117,165	$32,665	$149,830

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$9,038,369	$9,685,802	$11,754,027	$-647,433
2024	$9,518,769	$9,759,046	$12,249,329	$-240,277
2023	$9,567,417	$9,050,825	$12,626,934	$516,592
2022	$7,267,470	$8,198,034	$12,091,020	$-930,564
2021	$6,694,813	$6,016,047	$13,192,153	$678,766
2020	$5,668,616	$5,452,714	$12,690,160	$215,902
2019	$4,421,803	$5,504,234	$12,424,574	$-1,082,431

SOUTHEAST VERMONT TRANSIT INC