Misssissippi Public Transit Associ… - 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

2002

Legal Domicile

Phone

6014425082

Tax Period

2024-01-01 to 2024-12-31

Misssissippi Public Transit Association Inc, founded in 2002, is a small nonprofit in the Human Services sector that reported $182K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $163K left a modest 10% surplus.

Mission

Promoting safe, efficient, and economic services for passengers of public and private transportation systems Increasing public awareness of passenger transportation services and problems through education and providing training and technical assistance in the area of administrative, technical and operational practices to our members.

Program Service Accomplishments

Program 1

Expenses: $156,076

MPTA explores mobility issues facing Mississippis public transit system and their customers. MPTA provides training and technical assistance in administrative, technical, and operational practices to its members. The district participating agencies have fleets of varying sizes and represent public, non-profit, and tribal sectors. The entiry is funded from membership dues and fees collected from members attending annual conferences and workshops.

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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 $182,040

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $182,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,076

Other Expenses $163,176

TOTAL EXPENSES $163,176

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,040	$194,240	-0.1%
Expenses	$163,176	$157,099	+0.0%
Net Income	$18,864	$37,141	-0.5%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sabrena Bartley	Treasurer	008.00	Officer	$0	$0	$0
Evelyn Bumpers	President	008.00	Officer	$0	$0	$0
La Shonda Wilson	Secretary	008.00	Officer	$0	$0	$0
Shirley Wilson	State Representative	008.00	Officer	$0	$0	$0
Eric Weimer	Vendor Representative	008.00	Officer	$0	$0	$0
E Joyce Strickland	Officer	008.00	Officer	$0	$0	$0
Jeremiah Dumas	Vice President	008.00	Officer	$0	$0	$0
Annie Conner	Officer	008.00	Officer	$0	$0	$0
Bonnie Gustavis	Officer	008.00	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
2024	$182,040	$163,176	$95,463	$18,864
2023	$194,240	$157,099	$76,599	$37,141
2022	$139,270	$142,578	$39,458	$-3,308
2021	$129,040	$123,625	$42,766	$5,415
2020	$26,238	$22,053	$37,351	$4,185
2019	$161,847	$169,099	$33,166	$-7,252
2018	$149,581	$161,710	$40,418	$-12,129

Misssissippi Public Transit Association Inc