Austin Transit Partnership

Legal name: Austin Transit Partnership Local Government Corporation

Nonprofit profile at a glance

EIN
861191788
IRS 990 coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
512-710-2100
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Transportation Systems

Official website

Reported finances

Revenue
$197,197,979
Expenses
$68,193,821
Assets
$695,543,383
Liabilities
$19,325,258

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • GREGORY D CANALLY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • GREGORY D CANALLY (CHIEF EXECUTIVE OFFICER): $465,594 total reported compensation
  • LINDSAY WOOD (EVP, DESIGN AND CONSTRUCTION): $333,858 total reported compensation
  • PETER D MULLAN (EVP, ARCHITECTURE & URBAN DESIGN (THRU 1/25)): $315,080 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To plan, design, construct, and implement a light rail system for Austin, Texas, transforming how the city moves.

What it reported doing in 2024

Project connect is a transformative, voter-approved investment in new transit services that includes light rail, metrorapid bus lines, commuter rail (improvements to existing line and a new line), and park and ride facilities.

Operating model

Revenue model
Grant-funded. 89% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, 51% for grants, and 8% for affiliated organizations.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 83
  • Accountability: 86
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.3%; rating input score 28
  • Program expense ratio: 57.7%; rating input score 58
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th 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; 77th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 65.4%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 10.2; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 5.8%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 28.8% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 22.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 28.3% of revenue deployed · 57.7% of spending went to programs
  • Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $39.4M in reported program spending
  • Leadership: top reported pay $466K · 20 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $15M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.