TRANSIT ALLIANCE GROUP INC

EIN: 462005705 501(c)(3) Human Services

CHATSWORTH, GA

Total Revenue
$3,810,093
Total Expenses
$3,624,656
Total Assets
$2,403,632
Net Assets
$1,851,727
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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
2013
Legal Domicile
GA
Principal Officer
BARBARA HURST
Phone
8667522390
Tax Period
2023-01-01 to 2023-12-31

TRANSIT ALLIANCE GROUP INC, founded in 2013, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2023. Expenses of $3.6M left a modest 5% surplus.

Mission

TO DEVELOP & IMPLEMENT MODELS OF TRANSIT SERVICES THAT ARE INNOVATIVE, COST EFFECTIVE, & REPLICABLE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,800,461
Program Service Revenue $0
Investment Income $0
Other Revenue $9,632
TOTAL REVENUE $3,810,093

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,640
Fundraising Expenses $0
Program Expenses $3,438,108
Other Expenses $3,398,016
TOTAL EXPENSES $3,624,656

Year-over-Year Comparison

2023 2022 Change
Revenue $3,810,093 N/A N/A
Expenses $3,624,656 N/A N/A
Net Income $185,437 N/A N/A
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

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Governance

Voting Members
2
Independent Members
N/A
Employees
3
Volunteers
N/A

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
1
$85,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA HURST PRESIDENT 40.00
Officer
$85,000 $0 $85,000
HIMANSHU BHATNAGAR CHAIRMAN OF 0.15
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
2024 No data No data No data No data
2023 $3,810,093 $3,624,656 $2,403,632 $185,437
2022 $3,612,513 $3,393,358 $2,125,116 $219,155
2021 $1,526,515 $1,318,860 $1,516,616 $207,655
2020 $1,394,078 $1,424,998 $1,353,802 $-30,920
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