Nonprofit · EIN 75-1871831
TRANSIT SYSTEM INC
Tax-exempt · GLEN ROSE, TX 76043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $2,098,726 | $1,830,347 | $268,379 | $3,466,138 | $72,565 | $3,393,573 |
| August 31, 2024 | 990 | $1,684,973 | $1,623,229 | $61,744 | $3,833,447 | $703,859 | $3,129,588 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,752,898
- of which government grants
- $1,752,898
- Program service revenue
- $283,763
- Investment income
- $49,075
- Net gain from sales of assets
- $37,147
- Other revenue
- $12,990
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,695
- Other salaries and wages
- $604,428
- Salaries, compensation and benefits (total)
- $892,890
- Professional fundraising fees
- $0
- Legal fees
- $50
- Accounting fees
- $22,500
- Occupancy
- $20,596
- Travel
- $3,610
- Depreciation
- $423,601
- Program services (functional)
- $1,580,895
- Management and general (functional)
- $249,452
Balance sheet and other
- Total assets, start of year
- $3,833,447
- Total assets, end of year
- $3,466,138
- Total liabilities, end of year
- $72,565
- Net assets, end of year
- $3,393,573
- Land, buildings and equipment
- $1,921,342
- Net assets without donor restrictions
- $3,359,836
- Net assets with donor restrictions
- $33,737
- Gross unrelated business income
- $5,517
- Gross receipts
- $2,101,762
- Employees
- 21
- Year formed
- 1983
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN FOSTER | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CHRIS COFFMAN | VICE CHAIRMA Trustee or director, Officer | 2 | $0 |
| ANDY MAPES | SECRETARY Trustee or director, Officer | 2 | $0 |
| GREG CORRIGAN | PARLIMENTARI Trustee or director, Officer | 2 | $0 |
| DANNY CHAMBERS | DIRECTOR Trustee or director | 2 | $0 |
| MATTHEW MILLS | DIRECTOR Trustee or director | 2 | $0 |
| RON MASSINGILL | DIRECTOR Trustee or director | 2 | $0 |
| CONNALLY MILLER | DIRECTOR Trustee or director | 2 | $0 |
| PAT BRUCE | DIRECTOR Trustee or director | 2 | $0 |
| BILL PALMER | DIRECTOR Trustee or director | 2 | $0 |
| TRISH BURWELL | DIRECTOR Trustee or director | 2 | $0 |
| TROY HILL | DIRECTOR Trustee or director | 2 | $0 |
| DEBBIE TEMPLE | DIRECTOR Trustee or director | 2 | $0 |
| JOE BOLES | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended August 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN FOSTER | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CHRIS COFFMAN | VICE CHAIRMA Trustee or director, Officer | 2 | $0 |
| ANDY MAPES | SECRETARY Trustee or director, Officer | 2 | $0 |
| GREG CORRIGAN | PARLIMENTARI Trustee or director, Officer | 2 | $0 |
| DANNY CHAMBERS | DIRECTOR Trustee or director | 2 | $0 |
| MATTHEW MILLS | DIRECTOR Trustee or director | 2 | $0 |
| RON MASSINGILL | DIRECTOR Trustee or director | 2 | $0 |
| CONNALLY MILLER | DIRECTOR Trustee or director | 2 | $0 |
| PAT BRUCE | DIRECTOR Trustee or director | 2 | $0 |
| BILL PALMER | DIRECTOR Trustee or director | 2 | $0 |
| TRISH REINER | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 332, GLEN ROSE, TX 76043-0332
- Principal officer (990 for 2024)
- DERINDA D LONG, 401 COMMERCE STREET, GLEN ROSE, TX 76403
- Signed the 990
- DERINDA D LONG, GENERAL MANAGER
- Phone
- (254) 897-2964
- Return prepared by
- BOUCHER MORGAN & YOUNG PC CPA
Mission
TRANSPORTAION TO RURAL AREAS OF SOMERVELL AND HOOD COUNTIES IN TEXAS, ENHANCING ACCESS OF PERSONS TO HEALTH CARE, EMPLOYMENT AND PUBLIC SERVICES
Program accomplishments
- TRANSPORTATION TO RURAL AREAS OF SOMERVELL AND HOOD COUNTIES IN TEXAS, ENHANCING ACCESS OF PERSONS TO HEALTH CARE, EMPLOYMENT AND PUBLIC SERVICES.Expenses $1,580,895 · revenue $283,763
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-1871831
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $3,466,138
- Income (IRS master file)
- $2,101,762
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $2,098,726 | $1,830,347 | $3,466,138 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $1,684,973 | $1,623,229 | $3,833,447 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $2,056,492 | $1,513,066 | $3,143,007 | IRS |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $1,527,372 | $1,326,141 | $2,588,482 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1871831).
Questions about TRANSIT SYSTEM INC
- What is the EIN of TRANSIT SYSTEM INC?
- The employer identification number (EIN) of TRANSIT SYSTEM INC is 75-1871831.
- Is TRANSIT SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to TRANSIT SYSTEM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRANSIT SYSTEM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRANSIT SYSTEM INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRANSIT SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of TRANSIT SYSTEM INC?
- The 990 for the year ended August 31, 2025 names DERINDA D LONG.
- Who are the officers and directors of TRANSIT SYSTEM INC?
- The 990 for the year ended August 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does TRANSIT SYSTEM INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $2,098,726, expenses of $1,830,347 and total assets of $3,466,138 at year end.
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