Transit Initiatives Corporation

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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

2021

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

Transit Initiatives Corporation, founded in 2021, is a small nonprofit that reported $139K in total revenue in fiscal year 2022. Revenue surged 98% from the prior year, signaling strong growth momentum.

Mission

Transit Initiatives facilitates access for safe passage and resettlement of at-risk individuals and families fleeing danger and persecution, prioritizing US government civilian partners, aid workers, civil society leaders, and other especially vulnerable groups.

Program Service Accomplishments

Program 1

Expenses: $137,500 Revenue: $134,790

The Organization coordinates with legal experts, US government partners, military experts and trusted on-the-ground security and health partners to get the most vulnerable to safehouses in country...

The Organization coordinates with legal experts, US government partners, military experts and trusted on-the-ground security and health partners to get the most vulnerable to safehouses in country, or find them reliable and secure passage to a safe country.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,366

Program Service Revenue $134,790

Investment Income $0

Other Revenue $0

TOTAL REVENUE $139,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,500

Other Expenses $141,139

TOTAL EXPENSES $141,139

Year-over-Year Comparison

	2022	2021	Change
Revenue	$139,156	$70,163	+1.0%
Expenses	$141,139	$68,180	+1.1%
Net Income	$-1,983	$1,983	-2.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacia George	Co-Founder	5.00	Director	$0	$0	$0
Sara Yim	Co-Founder	5.00	Director	$0	$0	$0
Roseann Casey	Secretary	5.00	Director	$0	$0	$0
Jeanne Briggs	Co-Founder	5.00	Director	$0	$0	$0

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
2022	$139,156	$141,139	No data	$-1,983
2021	$70,163	$68,180	$1,983	$1,983