AUSTIN TRANSIT PARTNERSHIP LOCAL G… - Form 990 Financial Data

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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

2020

Legal Domicile

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

ATP'S MISSION 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.

Program Service Accomplishments

Program 1

Expenses: $35,296,292 Revenue: $523,989

PROJECT CONNECT IS A TRANSFORMATIVE, VOTER-APPROVED INVESTMENT IN NEW TRANSIT SERVICES THAT INCLUDES LIGHT RAIL, METRORAPID BUS LINES, COMMUTER RAIL (IMPROVEMENTS TO EXISTING LINE AND A NEW LINE)...

PROJECT CONNECT IS A TRANSFORMATIVE, VOTER-APPROVED INVESTMENT IN NEW TRANSIT SERVICES THAT INCLUDES LIGHT RAIL, METRORAPID BUS LINES, COMMUTER RAIL (IMPROVEMENTS TO EXISTING LINE AND A NEW LINE), AND PARK AND RIDE FACILITIES.

Program 2

Expenses: $44,971,941 Revenue: $0

ANTI-DISPLACEMENT - PROJECT CONNECT ALSO COMMITS $300 MILLION TO MITIGATE THE DISPLACEMENT OF VULNERABLE POPULATIONS IMPACTED BY TRANSIT DEVELOPMENT AND CONSTRUCTION.

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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 (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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$864,823

Total Directors

Key Employees

$1,220,326

Highest Compensated

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

AUSTIN TRANSIT PARTNERSHIP LOCAL GOVERNMENT CORPORATION