VIRGINIA REGIONAL TRANSIT

EIN: 621441965 501(c)(3) Community Improvement

PURCELLVILLE, VA

Total Revenue
$10,866,564
Total Expenses
$11,390,943
Total Assets
$14,595,289
Net Assets
$13,786,042
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
E BRUCE SIMMS
Phone
5403387285
Tax Period
2024-07-01 to 2025-06-30

VIRGINIA REGIONAL TRANSIT, founded in 1990, is a mid-sized nonprofit in the Community Improvement sector that reported $10.9M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

VIRGINIA REGIONAL TRANSIT'S MISSION IS TO CREATE ACCESS TO MOBILITY THROUGH DIRECT PASSENGER SERVICE, TRANSIT SYSTEM MANAGEMENT AND TRANSIT RELATED SERVICES FOR THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $10,415,148 Revenue: $4,701,517

THE ORGANIZATION COORDINATES, PROMOTES, AND PROVIDES TRANSPORTATION SERVICES TO ALL CITIZENS OF THE REGION WITH EMPHASIS ON DISABLED, ELDERLY, & DISADVANTAGED RESIDENTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,836,434
Program Service Revenue $4,701,517
Investment Income $255,829
Other Revenue $72,784
TOTAL REVENUE $10,866,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,592,652
Fundraising Expenses $67,568
Program Expenses $10,415,148
Other Expenses $4,798,291
TOTAL EXPENSES $11,390,943

Year-over-Year Comparison

2024 2023 Change
Revenue $10,866,564 $13,473,962 -0.2%
Expenses $11,390,943 $10,178,570 +0.1%
Net Income $-524,379 $3,295,392 -1.2%
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

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
263
Volunteers
8

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
5
$239,408
Total Directors
9
$239,408
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
E BRUCE SIMMS PRESIDENT/CE 40.00
Officer Director
$202,766 $36,642 $239,408
NOEL A BROWN CHAIR 1.00
Officer Director
$0 $0 $0
JANET CLARKE VICE CHAIR 1.00
Officer Director
$0 $0 $0
ERIN RAYNER TREASURER 1.00
Officer Director
$0 $0 $0
JAMES W ASKEGREN SECRETARY 1.00
Officer Director
$0 $0 $0
ANDREW GREENFIELD DIRECTOR 1.00
Director
$0 $0 $0
ERIN MCCANN DIRECTOR 1.00
Director
$0 $0 $0
SHAELYN MULLANEY DIRECTOR 1.00
Director
$0 $0 $0
LISA PEACOCK DIRECTOR 1.00
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 $10,866,564 $11,390,943 $14,595,289 $-524,379
2024 $13,473,962 $10,178,570 $15,844,435 $3,295,392
2023 $9,335,133 $9,016,131 $11,672,237 $319,002
2022 $9,666,182 $8,309,336 $11,159,965 $1,356,846
2021 $8,231,477 $7,295,816 $16,382,383 $935,661
2020 $7,448,704 $7,257,313 $15,630,951 $191,391
2019 $7,413,774 $7,288,864 $15,707,923 $124,910
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VIRGINIA REGIONAL TRANSIT with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.