K-trans Management Inc
Nonprofit profile at a glance
- EIN
- 621525853
- IRS 990 coverage
- 2010–2010
- Forms available
- Form 990 2010
- Location
- Knoxville, TN, USA
- Phone
- 8652157830
- Rating confidence
- Limited
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $34,495,389
- Expenses
- $31,595,257
- Assets
- $44,514,728
- Liabilities
- $708,504
Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
13 people listed
Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide public transportation to the citizens of the City of Knoxville and surrounding areas.
What it reported doing in 2010
Provision of transportation services to the City of Knoxville, TN metropolitan area. Service provided to approximatly 3.5 million passenger trips during the preceeding fiscal year allowing citizens to get to work and participate in other personal activities.
Operating model
- Revenue model
- Grant-funded. 88% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 95
- Sustainability: 73
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 70th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.4%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 0.5%; rating input score 90; 90th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $31.6M in reported program spending
- Leadership: top reported pay $84K · 13 people listed
- Highest-paid contractors: 1 contractor listed
- Consistency: 38 of 38 current checks pass
- Schedules: 4 filed schedules
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.