Its Tennessee

Nonprofit profile at a glance

EIN
842988589
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Nashville, TN, USA
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Reported finances

Revenue
$137,400
Expenses
$107,726
Assets
$65,812

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Derek Hagerty (Immediate Past President - Director)
  • Brad Waldschmidt (President - Director)
  • William Barbour (Vice President - Director)

People named in this filing

  • Derek Hagerty (Immediate Past President - Director)
  • Brad Waldschmidt (President - Director)
  • William Barbour (Vice President - Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To receive administer and expend funds for charitable education and scientific purposes and specifically to promote and enhance public safety and community welfare by fostering research and development and implementation of plans and programs to reduce motor vehicle deaths and injuries improve mobility and to promote encourage and advance a system of safer more economical energy efficient and environmentally sound highway and other surface transportation through research development and implementation of advanced technology within the state of Tennessee.

What it reported doing in 2025

The ITS TN membership did an outreach program with Civil Engineeering Universities State-wide. The membership visited and presented to engineering students on the relevance of Intelligent Transportation Systems and how it affects the world around us. We provided lunch and presentations at 6 universities. This outreach was provided at zero cost to the students and performed by volunteers within the membership and lunch was sponsored by a private vendor making this a zero cost event.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.3%; rating input score 72
  • Program expense ratio: 92.1%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.61; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 12.7% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 13.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 72.3% of revenue deployed · 92.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $99K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.