WASHINGTON STATE TRANSIT (EIN 911152629) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

TODD MORROW

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON STATE TRANSIT, founded in 1981, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 5% surplus.

Mission

WSTA ADVANCES THE VALUE OF PUBLIC TRANSIT THROUGH PUBLIC EDUCATION AND OUTREACH, ADVOCACY OF POSITIVE AND EFFECTIVE PUBLIC POLICY AND FOSTERING THE COLLABORATION AND PROFESSIONAL DEVELOPMENT OF PUBLIC TRANSIT EMPLOYEES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $669,601

Program Service Revenue $904,775

Investment Income $16,636

Other Revenue $0

TOTAL REVENUE $1,591,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $487,463

Fundraising Expenses $0

Program Expenses $1,360,302

Other Expenses $1,019,755

TOTAL EXPENSES $1,507,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,591,012	$1,183,303	+0.3%
Expenses	$1,507,218	$1,158,479	+0.3%
Net Income	$83,794	$24,824	+2.4%

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

Governance

Voting Members

Independent Members

Employees

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

$156,964

Total Directors

$156,964

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN LEIGHTON	EXECUTIVE DI	40.00	Officer Director	$156,964	$0	$156,964
MELANIE ESPINOSA	DEPUTY DIREC	40.00	Highest	$108,352	$0	$108,352
MICHELLE ALLISON	MEMBER	N/A	Director	$0	$0	$0
AMY ASHER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
EMILY BERGKAMP	MEMBER	N/A	Director	$0	$0	$0
JOE CLARK	MEMBER	N/A	Director	$0	$0	$0
JOHN CLAUSON	MEMBER	N/A	Director	$0	$0	$0
NICK COVEY	MEMBER	N/A	Director	$0	$0	$0
SHAUN DONAGHY	MEMBER	N/A	Director	$0	$0	$0
BESTY DUNBAR	MEMBER	N/A	Director	$0	$0	$0
JIM FETZER	MEMBER	N/A	Director	$0	$0	$0
NICOLE GAUTHIER	MEMBER	N/A	Director	$0	$0	$0
JENNY GEORGE	MEMBER	N/A	Director	$0	$0	$0
RACHELLE GLAZIER	MEMBER	N/A	Director	$0	$0	$0
MIKE GRIFFUS	MEMBER	N/A	Director	$0	$0	$0
TOM HINGSON	MEMBER	N/A	Director	$0	$0	$0
RIC ILGENFRITZ	TREASURER	N/A	Officer Director	$0	$0	$0
BRIAN LAGERBERG	MEMBER	N/A	Director	$0	$0	$0
ERIC LOOMIS	MEMBER	N/A	Director	$0	$0	$0
KEN MEHIN	MEMBER	N/A	Director	$0	$0	$0
SUSAN MEYER	MEMBER	N/A	Director	$0	$0	$0
TODD MORROW	PRESIDENT	N/A	Officer Director	$0	$0	$0
DAVID OCAMPO	MEMBER	N/A	Director	$0	$0	$0
ANGIE PETERS	MEMBER	N/A	Director	$0	$0	$0
LES REARDANZ	MEMBER	N/A	Director	$0	$0	$0
JEF RUCHERT	MEMBER	N/A	Director	$0	$0	$0
JIM SEEKS	MEMBER	N/A	Director	$0	$0	$0
CRYSTAL STIDHAM	MEMBER	N/A	Director	$0	$0	$0
WAYNE THOMPSON	MEMBER	N/A	Director	$0	$0	$0
BRENT TIMM	MEMBER	N/A	Director	$0	$0	$0
JULIE TIMM	MEMBER	N/A	Director	$0	$0	$0
MICHAEL WAGNER	MEMBER	N/A	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
2024	No data	No data	No data	No data
2023	$1,591,012	$1,507,218	$1,056,483	$83,794
2022	$1,183,303	$1,158,479	$945,831	$24,824
2021	$823,198	$723,819	$917,919	$99,379
2020	$1,097,242	$1,045,494	$817,693	$51,748
2019	$1,080,761	$1,026,968	$749,972	$53,793
2018	$976,519	$851,608	$678,353	$124,911

WASHINGTON STATE TRANSIT