AEQUITAS MOBILITY SERVICES

EIN: 824674387 501(c)(3)

BATTLE CREEK, MI

Total Revenue
$247,599
Total Expenses
$375,168
Total Assets
$78,493
Net Assets
$-142,343
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MI
Principal Officer
SHABAKA GIBSON
Phone
2694415387
Tax Period
2019-01-01 to 2019-12-31

AEQUITAS MOBILITY SERVICES, founded in 2018, is a small nonprofit that reported $248K in total revenue in fiscal year 2019. Revenue surged 725% from the prior year, signaling strong growth momentum. Expenses of $375K exceeded revenue, resulting in a 52% operating deficit.

Mission

AMS AIMS TO BUILD STRONGER COMMUNITIES BY FOCUSING THE MAJORITY OF SERVICES ON ALLEVIATING TRANSPORTATION BARRIERS THAT PREVENT ABILITY TO OBTAIN AND RETAIN EMPLOYMENT, HINDER ACCESS TO HEALTH CARE, AND MAKE IT DIFFICULT FOR INDIVIDUALS TO MEET THEIR BASIC NEEDS.

Program Service Accomplishments

Program 1
Expenses: $267,732

TRANSPORATION SERVICES - AMS PROVIDES DOOR-TO-DOOR AND NEAR DOOR-TO-DOOR DEMAND-RESPONSIVE PUBLIC TRANSPORTATION SERVICES IN THE GREATER BATTLE CREEK AREA. WITHOUT FIXED ROUTES AND STOPS, AMS IS...

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TRANSPORATION SERVICES - AMS PROVIDES DOOR-TO-DOOR AND NEAR DOOR-TO-DOOR DEMAND-RESPONSIVE PUBLIC TRANSPORTATION SERVICES IN THE GREATER BATTLE CREEK AREA. WITHOUT FIXED ROUTES AND STOPS, AMS IS POSITIONED TO SERVE AREAS IN THE GREATER BATTLE CREEK AREA THAT HAVE HISTORICALLY BEEN DISCONNECTED TO AFFORDABLE PUBLIC TRANSPORTATION AND PROVIDE PUBLIC TRANSPORTATION DURING HOURS THAT OTHER SOURCES OF PUBLIC TRANSPORTATION ARE CURRENTLY NOT AVAILABLE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $247,599
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $247,599

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,889
Fundraising Expenses $0
Program Expenses $267,732
Other Expenses $151,279
TOTAL EXPENSES $375,168

Year-over-Year Comparison

2019 2018 Change
Revenue $247,599 $30,005 +7.3%
Expenses $375,168 $44,779 +7.4%
Net Income $-127,569 $-14,774 +7.6%
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

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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
3
Independent Members
3
Employees
13
Volunteers
2

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
7
$56,774
Total Directors
1
$56,774
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT CUBBERLY EXECUTIVE DI 35.00
Officer Director
$52,691 $4,083 $56,774
SHABAKA GIBSON BOARD CHAIR N/A
Officer
$0 $0 $0
SHABAKA GIBSON BOARD CHAIR N/A
Officer
$0 $0 $0
SHABAKA GIBSON BOARD CHAIR N/A
Officer
$0 $0 $0
SHABAKA GIBSON BOARD CHAIR N/A
Officer
$0 $0 $0
APRIL HALL SECRETARY N/A
Officer
$0 $0 $0
ASHLEY LOVEINO TREASURER N/A
Officer
$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
2019 $247,599 $375,168 $78,493 $-127,569
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