Transit Alliance of Middle Tennessee Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$114,000.00
Projected Expenses
$204,325.00
Organizational Budgets and Other Documents
| TAMT Board Approved Budget | 2024 |
| TAMT Approved Budget | 2023 |
| TAMT Board Approved Budget 2022 | 2022 |
| Board Approved Budget for 2021 | 2021 |
| 2020 Budget | 2020 |
| 2019 Budget | 2019 |
| 2018 Budget | 2018 |
| 2017 Budget | 2017 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $90,802.00 | $91,707.00 | $101,373.00 |
| Total Expenses | $125,978.00 | $130,817.00 | $120,291.00 |
| Revenue Less Expenses | ($35,176.00) | ($39,110.00) | ($18,918.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $90,802.00 | $91,707.00 | $101,373.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $125,978.00 | $130,817.00 | $120,291.00 |
| Administration Expense | $0.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 72% | 70% | 84% |
| Program Expense/Total Expenses | 100% | 100% | 100% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $90,802.00 | Contributions, Gifts, and Grants $91,707.00 | Contributions, Gifts, and Grants $101,373.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $149,167.00 | $184,305.00 | $223,415.00 |
| Current Assets | $149,167.00 | $184,305.00 | $223,415.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $38.00 | $0.00 | $0.00 |
| Total Net Assets | $149,129.00 | $184,305.00 | $223,415.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Form 990s
| TAMT 2023 990EZ | 2023 |
| 2022 Form 990EZ | 2022 |
| TAMT 990EZ 2021 | 2021 |
| 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
| Form 990 | 2015 |
| Form 990 | 2014 |
| Form 990 | 2013 |
| Form 990 | 2012 |
| Form 990 | 2011 |
| Form 990 | 2010 |
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| Due to COVID-19, expenses are larger than expected revenues. We still possess a healthy cash position. We have a fundraising plan and are working on it. Additionally, we are seeking additional funding for our operations and programming work in the community to fill that gap. |
Foundation Staff Comments
| Financial figures taken from Form 990EZ. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990EZ. Form 990EZ was prepared by Crosslin, PLLC. Comments provided by Nicole Rose 11/04/2024. |
