Overview

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Est.

1983

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE TRANSIT SYSTEM INC is a nonprofit organization based in Texas, focusing on enhancing transportation access in rural areas of Somervell and Hood Counties. With an operating budget of $1.8 million and total revenue of $2.1 million for the filing year 2025, the organization aims to improve access to health care, employment, and public services for local residents. There is no indication that it relies on a single funder for 50% or more of its revenue.

Mission Statement

TRANSPORTATION TO RURAL AREAS OF SOMERVELL AND HOOD COUNTIES IN TEXAS, ENHANCING ACCESS OF PERSONS TO HEALTH CARE, EMPLOYMENT AND PUBLIC SERVICES.
Revenues
$2.1M
Expenses
$1.8M
Net Income:
+$268.4K
Assets
$3.5M
Liabilities
$72.6K
Net Assets:
+$3.4M
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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S
Stephen Foster
Board Member
C
Chris Coffman
Board Member
D
Danny Chambers
Board Member

Frequently Asked Questions

What is THE TRANSIT SYSTEM INC’s budget?
In 2025, THE TRANSIT SYSTEM INC reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does THE TRANSIT SYSTEM INC support?
THE TRANSIT SYSTEM INC supports work in Health, Employment, and Unknown or not classified.
Where does THE TRANSIT SYSTEM INC operate?
THE TRANSIT SYSTEM INC is headquartered in Glen Rose, TX.
What is THE TRANSIT SYSTEM INC’s reliance on government grants?
THE TRANSIT SYSTEM INC relied on government grants for more than 80% of their total revenue in 2025.