Indianapolis, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INSTITUTE FOR AFFORDABLE TRANSPORTATION, founded in 2000, is a small nonprofit in the Human Services sector that reported $471K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 27% operating margin.
TO DRIVE HOPE, CONNECT PEOPLE AND TRANSFORM LIVES THROUGH RURAL TRANSPORT SOLUTIONS
In 2024 our Cameroon partner came to train with us in the US. IAT staff also traveled to Cameroon to meet with Ministers in the Cameroon Government. We stocked up on key parts to offset inflation. We...
In 2024 our Cameroon partner came to train with us in the US. IAT staff also traveled to Cameroon to meet with Ministers in the Cameroon Government. We stocked up on key parts to offset inflation. We identified a new factory partner in Uganda. We supported manufacturing training in South Sudan by sending an engineer. We hired a gifted welder for our Indiana facility. We arranged for 22 new diesel engines to Ghana to support a factory start-up there. The first full-size electric BUV (with solar assist) was sent to West Africa. We sent 4 completed BUVs to Cameroon to support product demonstrations there.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $471,165 | $319,458 | +0.5% |
| Expenses | $344,065 | $260,973 | +0.3% |
| Net Income | $127,100 | $58,485 | +1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILL AUSTIN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$88,616 | $0 | $88,616 |
| DAVID OLAWALE | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| AWUJOOLA ITAU | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| DOUG MCCOLGIN | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| RALPH MEYER | TREASURER | 5.00 |
Director
|
$0 | $0 | $0 |
| WES GERBIG | CHAIRMAN | 5.00 |
Director
|
$0 | $0 | $0 |
| DAVE STANK | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $471,165 | $344,065 | $519,761 | $127,100 |
| 2023 | $319,458 | $260,973 | $391,281 | $58,485 |
| 2022 | $370,756 | $386,866 | $347,473 | $-16,110 |
| 2021 | $372,664 | $336,505 | $379,849 | $36,159 |
| 2020 | $304,628 | $263,632 | $335,860 | $40,996 |
| 2019 | $297,752 | $249,072 | $273,669 | $48,680 |
| 2018 | $242,664 | $242,741 | $222,207 | $-77 |
Compare INSTITUTE FOR AFFORDABLE TRANSPORTATION with other nonprofits in Indiana and across the country.