PAUL BUNYAN TRANSIT

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

LEZLIE GRUBICH

Phone

2187518765

Tax Period

2025-01-01 to 2025-12-31

PAUL BUNYAN TRANSIT, founded in 1999, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $459K, a strong 19% operating margin.

Mission

OUR PURPOSE AT PAUL BUNYAN TRANSIT IS TO PROVIDE PUBLIC TRANSPORTATION THROUGH OUR CITY AND COUNTY BUS SYSTEM AND OUR VOLUNTEER DRIVER PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $1,759,866 Revenue: $188,318

THE ORGANIZATION'S PURPOSE IS TO PROVIDE SAFE, FRIENDLY, EFFICIENT, AND ECONOMICAL DELIVERY OF PUBLIC TRANSIT SERVICE TO RESIDENTS IN THE PARTICIPATING JURISDICTIONS. THE ORGANIZATION PROVIDES BUS...

THE ORGANIZATION'S PURPOSE IS TO PROVIDE SAFE, FRIENDLY, EFFICIENT, AND ECONOMICAL DELIVERY OF PUBLIC TRANSIT SERVICE TO RESIDENTS IN THE PARTICIPATING JURISDICTIONS. THE ORGANIZATION PROVIDES BUS SERVICE AND COORDINATES VOLUNTEER DRIVER SERVICES TO THE GREATER BEMIDJI AREA AND THE ROSEAU, WARROAD, BAUDETTE REGION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,166,564

Program Service Revenue $188,318

Investment Income $25,908

Other Revenue $11,660

TOTAL REVENUE $2,392,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,312,168

Fundraising Expenses $0

Program Expenses $1,759,866

Other Expenses $621,183

TOTAL EXPENSES $1,933,351

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,392,450	$2,578,951	-0.1%
Expenses	$1,933,351	$1,839,776	+0.1%
Net Income	$459,099	$739,175	-0.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$128,951

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEZLIE GRUBICH	EXEC DIRECTO	40.00	Officer	$128,951	$0	$128,951
DARBY BERSIE	SECRETERY	1.00	Officer Director	$0	$0	$0
MADISON BORRESON	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK HARRINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY OLDING	VICE-PRESIDE	1.00	Officer 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
2025	$2,392,450	$1,933,351	$5,238,950	$459,099
2024	No data	No data	No data	No data
2023	$1,979,787	$1,993,321	$3,828,364	$-13,534
2023	$1,932,213	$2,018,031	$3,910,484	$-85,818
2022	$2,212,315	$1,951,135	$4,155,473	$261,180
2022	$1,953,523	$1,905,758	$4,238,654	$47,765
2021	$934,203	$1,841,618	$3,950,799	$-907,415
2021	$1,271,346	$1,813,690	$3,896,473	$-542,344
2020	$2,398,554	$1,786,500	$4,508,945	$612,054
2020	$2,354,857	$1,810,102	$4,437,443	$544,755
2019	$2,340,837	$2,005,780	$3,984,641	$335,057
2018	$1,957,194	$1,897,444	$3,555,621	$59,750