AUSTIN TRANSIT PARTNERSHIP LOCAL GOVERNMENT CORPORATION

EIN: 861191788 501(c)(3) Public & Societal Benefit

AUSTIN, TX

Total Revenue
$188,209,380
Total Expenses
$97,577,517
Total Assets
$562,274,381
Net Assets
$547,213,967
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Principal Officer
GREGORY D CANALLY
Phone
5127102100
Tax Period
2023-10-01 to 2024-09-30

AUSTIN TRANSIT PARTNERSHIP LOCAL GOVERNMENT CORPORATION, founded in 2020, is a major nonprofit in the Public & Societal Benefit sector that reported $188.2M in total revenue in fiscal year 2023. The organization ran a surplus of $90.6M, a strong 48% operating margin.

Mission

THE CITY OF AUSTIN, TEXAS (THE CITY) AND THE CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY (CAP METRO) CREATED THE AUSTIN TRANSIT PARTNERSHIP (ATP) IN DECEMBER 2020 AS THE INDEPENDENT ENTITY, AND THE PRINCIPAL ENTITY, ACCOUNTABLE AND RESPONSIBLE FOR THE FINANCING, DESIGN, CONSTRUCTION, AND OVERALL IMPLEMENTATION OF PROJECT CONNECT. ATP'S CHARGE IS TO DELIVER ON THE VOTERS' TRANSIT VISION IN PARTNERSHIP WITH THE COMMUNITY - AND IN A WAY THAT EMBEDS EQUITY, SUSTAINABILITY, AND TRANSPARENCY AS OVERARCHING PRIORITIES. ATP IS DRIVEN BY DATA, WHICH INCLUDES COMMUNITY INPUT, AND IS COMMITTED TO MEETING THE VOTERS' GOALS AND HONORING AUSTIN'S VALUES.

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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 $166,691,784
Program Service Revenue $0
Investment Income $20,993,607
Other Revenue $523,989
TOTAL REVENUE $188,209,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,509,409
Fundraising Expenses $0
Program Expenses $80,268,233
Other Expenses $86,068,108
TOTAL EXPENSES $97,577,517

Year-over-Year Comparison

2023 2022 Change
Revenue $188,209,380 $175,130,330 +0.1%
Expenses $97,577,517 $69,802,811 +0.4%
Net Income $90,631,863 $105,327,519 -0.1%
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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Governance

Voting Members
5
Independent Members
5
Employees
72
Volunteers
26

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
$864,823
Total Directors
5
$0
Key Employees
4
$1,220,326
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERONICA CASTRO DE BARRERA CHAIR 10.00
Officer Director
$0 $0 $0
MAYOR KIRK WATSON VICE CHAIR 10.00
Officer Director
$0 $0 $0
JEFFREY W TRAVILLION BOARD MEMBER 10.00
Director
$0 $0 $0
JUAN GARZA BOARD MEMBER 10.00
Director
$0 $0 $0
JOHN LANGMORE BOARD MEMBER 10.00
Director
$0 $0 $0
GREGORY D CANALLY EXECUTIVE DIRECTOR 40.00
Officer
$361,408 $59,462 $420,870
BRYAN J RIVERA CHIEF FINANCIAL OFFICER 40.00
Officer
$193,420 $48,135 $241,555
BRANDON W CARR SVP, LEGAL SRVCS & GENERAL COUNSEL 40.00
Officer
$173,633 $28,765 $202,398
PETER D MULLAN EVP, ARCHITECTURE & URBAN DESIGN 40.00
Key Emp
$247,048 $58,699 $305,747
CASEY C BURACK EVP, BUSINESS & LEGAL AFFAIRS 40.00
Key Emp
$254,601 $37,465 $292,066
JENNIFER D PYNE EVP, PLANNING & RISK MANAGEMENT 40.00
Key Emp
$244,284 $54,063 $298,347
LINDSAY WOOD EVP, ENGINEERING & CONSTRUCTION 40.00
Key Emp
$270,872 $53,294 $324,166
MANAN GARG SVP, DELIVERY & CONSTRUCTION 40.00
Highest
$245,966 $60,366 $306,332
ALVIN LIVINGSTONE SVP, ENGINEERING 40.00
Highest
$242,690 $55,612 $298,302
JOHN M RHONE SVP, LRT PROJECT INTEGRATION 40.00
Highest
$265,118 $53,007 $318,125
ALEX E GALE SVP, REAL ESTATE, FACILITIES & TECH 40.00
Highest
$205,907 $52,994 $258,901
PAULO FARIA SVP, ARCH & URBAN DES (THRU 10/6/23) 40.00
Highest
$218,070 $40,618 $258,688
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 $188,209,380 $97,577,517 $562,274,381 $90,631,863
2023 $175,130,330 $69,802,811 $487,705,538 $105,327,519
2022 $181,585,143 $34,349,005 $384,531,273 $147,236,138
2021 $215,733,276 $11,046,684 $253,042,469 $204,686,592
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