IOWA PUBLIC TRANSIT ASSOCIATION (EIN 421220517) - Form 990 Financial Analysis & Trantor Score

🔒

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

1933

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

IOWA PUBLIC TRANSIT ASSOCIATION, founded in 1933, is a small nonprofit that reported $215K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $38K, a strong 18% operating margin.

Mission

THE ASSOCIATION AIMS TO UNIFY, ADVOCATE, AND ADVANCE THE INTERESTS OF IOWA TRANSIT SYSTEMS TO INFLUENCE AND GAIN SUPPORT FROM GOVERNMENT AGENCIES, LEGISLATORS, AND OTHER AGENCIES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $106,944

Program Service Revenue $108,546

Investment Income $4

Other Revenue $0

TOTAL REVENUE $215,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $177,202

Other Expenses $177,202

TOTAL EXPENSES $177,202

Year-over-Year Comparison

	2022	2021	Change
Revenue	$215,494	$303,153	-0.3%
Expenses	$177,202	$309,497	-0.4%
Net Income	$38,292	$-6,344	-7.0%

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

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
BARBARA NEAL	LEGISLATIVE REPRESENTATIVE	2.00	Director	$0	$0	$0
RANDY ZOBRIST	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
MARK LANDER	RURAL VICE PRESIDENT	2.00	Director	$0	$0	$0
BROCK GRENIS	TREASURER	2.00	Officer Director	$0	$0	$0
JULIA CASTILLO	PRESIDENT	5.00	Officer Director	$0	$0	$0
CARL LINGEN	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$0
AMY FORTENBACHER	DIRECTOR AT LARGE	2.00	Officer Director	$0	$0	$0
BRIAN MCCLATCHEY	URBAN VICE PRESIDENT	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$215,494	$177,202	$142,326	$38,292
2022	$303,153	$309,497	$105,763	$-6,344
2021	$181,372	$175,190	$175,338	$6,182
2020	$170,529	$168,971	$102,279	$1,558
2019	$204,348	$172,564	$161,701	$31,784

IOWA PUBLIC TRANSIT ASSOCIATION