ADVANCE TRANSIT INC

WILDER, VT, 05088-0000 (802) 295-1824 Est. 1984 EIN 22-2558708
W40Z— Public & Societal Benefit Form 990 501(c)(3)
www.advancetransit.com

Mission

To assure the continued livability and accessibility of Upper Valley by providing safe, effective and friendly public transportation services.

Financials

Total Revenue
$8,660,374
Total Expenses
$7,173,802
Net Assets
$18,313,662
71 employees 20 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
2.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 10.1%
Expenses ↑ 18.0%
Revenue Sources
Contributions 99.4% Investment 0.1%
Expense Breakdown
Program 80.4% Management 18.8% Fundraising 0.7%

Filing History (2 filings)

YearRevenueExpensesNet Assets
2022 Form 990$8,660,374 ↑$7,173,802$18,313,662
2020 Form 990$7,196,962 $6,356,146$15,043,858

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EIN: 22-2558708 · Source: IRS Form 990 e-file data