TRANSPORTATION ALTERNATIVES INC

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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

1973

Legal Domicile

Principal Officer

BENJAMIN FURNAS

Phone

2126298080

Tax Period

2024-04-01 to 2025-03-31

TRANSPORTATION ALTERNATIVES INC, founded in 1973, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $5.1M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO RECLAIM NEW YORK CITY FROM CARS, TRANSFORMING OUR STREETS INTO SAFE, SUSTAINABLE, AND EQUITABLE PLACES TO WALK, BIKE, TAKE TRANSIT, GATHER, AND THRIVE.

Program Service Accomplishments

Program 1

Expenses: $2,566,087

ADVOCACY - THE OVERARCHING GOAL OF TA'S ADVOCACY PROGRAM IS TO ENGAGE AND EMPOWER NEW YORKERS TO INCREASE BIKING, WALKING, AND PUBLIC TRANSIT OPTIONS AND ACHIEVE VISION ZERO - THE REVOLUTIONARY GOAL OF ZERO DEATHS OR SERIOUS INJURIES CAUSED BY TRAFFIC. TA TURNED OUT ACTIVISTS TO HUNDREDS OF SEPARATE PUBLIC-FACING EVENTS, INCLUDING COMMUNITY BOARD MEETINGS, RALLIES, COMMUNITY VISIONING SESSIONS, AND PETITION DRIVES, AND HELD SCORES OF MEETINGS AND ENGAGEMENTS WITH ELECTED OFFICIALS. AS A RESULT OF THESE ACTIVITIES, TA ACHIEVED NUMEROUS CAMPAIGN MILESTONES THIS YEAR, INCLUDING POSITIVE COMMUNITY BOARD VOTES, THE ENDORSEMENT OF ELECTED OFFICIALS, AND THE FULL IMPLEMENTATION OF MANY PROJECTS.

Program 2

Expenses: $907,830

RESEARCH AND REPORTING - TA EMPLOYS ORIGINAL RESEARCH AND REPORTING TO PUSH ADVOCACY CAMPAIGNS AND POLICY AREAS FORWARD. THROUGH THE LEADERSHIP OF ITS DIRECTOR OF RESEARCH AND SENIOR EDITOR, TA...

RESEARCH AND REPORTING - TA EMPLOYS ORIGINAL RESEARCH AND REPORTING TO PUSH ADVOCACY CAMPAIGNS AND POLICY AREAS FORWARD. THROUGH THE LEADERSHIP OF ITS DIRECTOR OF RESEARCH AND SENIOR EDITOR, TA RESEARCHES AND RELEASES SIGNATURE POLICY REPORTS. IN ADDITION TO THESE REPORTS, TA HAS RELEASED MORE THAN A DOZEN ORIGINAL ARTICLES ON THE INTERNET WEBSITE, WWW.MEDIUM.COM, COMBINING PERSONAL STORYTELLING WITH STATISTICAL EVIDENCE TO EXPLORE POLICIES FROM RESTORATIVE JUSTICE IN TRAFFIC VIOLENCE CASES TO TACTICAL URBANISM AS A RESPONSE TO FISCAL CRISIS.

Program 3

Expenses: $624,949 Revenue: $309,363

OUTREACH TOURS AND EVENTS - TA'S ANNUAL BIKE TOURS PROVIDE AN ENTRY-LEVEL PATH TO ON-STREET BICYCLING, INCLUDING THE BOROUGH TOUR IN STATEN ISLAND, WHICH OFFERS A CHOICE OF EITHER 35-MILE OR 50-MILE FAMILY-ORIENTED BICYCLE PARADES THAT LOOP THROUGH NEIGHBORHOODS WHERE NEW YORK CITY'S BICYCLING POPULATION HAS EXPLODED. TA ALSO CEMENTED THEIR REPUTATION AS AN INTERNATIONAL LEADER ON VISION ZERO BY HOSTING THEIR ANNUAL VISION ZERO CITIES CONFERENCE IN OCTOBER 2024. THE CONFERENCE BROUGHT TOGETHER TRAFFIC SAFETY EXPERTS AND POLICYMAKERS FROM THROUGHOUT THE COUNTRY AND AROUND THE WORLD TO SHARE COMMON CHALLENGES, PRACTICAL GUIDANCE, AND CUTTING-EDGE SOLUTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,887,941

Program Service Revenue $306,527

Investment Income $76,900

Other Revenue $-37,522

TOTAL REVENUE $4,233,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,660,855

Fundraising Expenses $414,532

Program Expenses $4,317,855

Other Expenses $1,442,732

TOTAL EXPENSES $5,103,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,233,846	$4,691,309	-0.1%
Expenses	$5,103,587	$4,993,330	+0.0%
Net Income	$-869,741	$-302,021	+1.9%

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

Volunteers

500

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

$560,457

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET LIFF	CHAIR	4.00	Officer Director	$0	$0	$0
HOPE REEVES	VICE CHAIR	4.00	Officer Director	$0	$0	$0
BAHIJ CHANCEY UNTIL 624	MEMBER	4.00	Director	$0	$0	$0
STANLEY TOUSSAINT	TREASURER	4.00	Officer Director	$0	$0	$0
ADAM MANSKY	MEMBER	4.00	Director	$0	$0	$0
ALISON SANT START 424	MEMBER	4.00	Director	$0	$0	$0
ANDY LERNER	MEMBER	4.00	Director	$0	$0	$0
CHRISTINE BERTHET	MEMBER	4.00	Director	$0	$0	$0
CLAIRE WEISZ	MEMBER	4.00	Director	$0	$0	$0
DANIEL KAIZER	MEMBER	4.00	Director	$0	$0	$0
GENTRY LOCK	MEMBER	4.00	Director	$0	$0	$0
KARL CHEN START 424	MEMBER	4.00	Director	$0	$0	$0
KEITH TUBBS	MEMBER	4.00	Director	$0	$0	$0
KEN WEINE	MEMBER	4.00	Director	$0	$0	$0
MARTIN MIGNOT	MEMBER	4.00	Director	$0	$0	$0
MARY BETH KELLY	MEMBER	4.00	Director	$0	$0	$0
MICHAEL EPSTEIN UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
CURTIS ARCHER UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
DOUG ELLIS UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
GEORGE BEANE UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
JOHN CHOE UNTIL 424	MEMBER	4.00	Director	$0	$0	$0
RICHARD B MILLER UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
STEVE HINDY UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
THOMAS REARDON UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
TRACEY CAPERS UNTIL 325	MEMBER	4.00	Director	$0	$0	$0
DANIEL HARRIS UNTIL 624	EXECUTIVE DIRECTOR	40.00	Officer	$134,736	$21,770	$156,506
ELIZABETH ADAMS	INTERIM CO-EXECUTIVE DIRECTOR	40.00	Officer	$182,812	$30,129	$212,941
MEGAIN EISS	INTERIM CO-EXECUTIVE DIRECTOR	40.00	Officer	$169,444	$21,566	$191,010
AMY KLEIN	SENIOR DEVELOPMENT ADVISOR	40.00	Highest	$112,995	$4,290	$117,285
PHILIP MIATKOWSKI	SENIOR DIRECTOR OF RESEARCH & POLICY	40.00	Highest	$122,812	$20,026	$142,838

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	$4,233,846	$5,103,587	$3,680,269	$-869,741
2024	$4,691,309	$4,993,330	$4,792,696	$-302,021
2023	$4,379,545	$4,379,689	$5,314,828	$-144
2022	$5,804,814	$3,489,864	$4,614,019	$2,314,950
2021	$4,134,510	$3,062,643	$3,167,274	$1,071,867
2020	$3,907,222	$3,677,609	$1,288,049	$229,613
2019	$3,876,549	$3,929,151	$1,109,762	$-52,602
2018	$4,137,877	$4,207,203	$1,333,292	$-69,326