Tri-state Transportation Campaign Inc

What it reported doing in 2022

Tri-state transportation campaign engages in meeting our climate goals, fixing our commutes, making transportation fair and stopping traffic deaths that align with the mission of the organization. In fiscal year 2023, we continued our push for transit electrification in New York and New Jersey. We continue to push for incentivizing reducing vehicle miles traveled by promoting transportation via trail networks and walkable communities via our circuit trails work to develop connections and complete streets throughout sourht jersey. Tri-state works to improve the commute and overall travel experiences for any users of public transit throught the region. We have organized bus rider meetings to empower riders to advocate for a better bus service. As part of our equity advocy, we have established a bus rider bill of rights for njtransit riders that guarantee safe, reliable, and transparent transportation with updated schedules, maps and proper training for operators and fair and equitable fares. Tri-state created and lead the vision zero working group which laid the groundwork for the formation of the vision zero New Jersey alliance, a coalition of diverse partners, such as families impacted by traffic creashes, community members, advocates, policymakers, transportation professionals, public health professionals and others. We continue to push for the creation of New Jersey's vision zero task force with the goal of getting New Jersey to zero crash fatalities.

Financial Efficiency

• Mission deployment rate: 72%; rating input score 72
• Program expense ratio: 85.9%; rating input score 86
• Fundraising efficiency: $73.84 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 16.2%; rating input score 72; 72nd percentile among comparable filings
• Total-asset coverage ratio: 1.22; rating input score 48; 48th percentile among comparable filings
• Liabilities to assets ratio: 0.31; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 12.7%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 2.5% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 0.6% per year; rating input score 100; 21st percentile among comparable filings
• Asset growth: -7.3% per year; rating input score 0; 5th percentile among comparable filings