Overview
What is Solomon Valley Transportation Inc?
Solomon Valley Transportation Inc, based in Beloit, Kansas, is a nonprofit organization with a mission to serve the residents of Mitchell, Jewell, and Osborne counties. Their primary focus is on providing transportation for individuals living in rural areas who lack access to public transportation. Operating with a team of 19 dedicated employees, this organization plays an essential role in ensuring that residents can meet their daily needs, thereby enhancing the overall quality of life in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Solomon Valley Transportation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an 80% score based entirely on its Accountability and Finance metrics. The organization demonstrates a commendable commitment to financial transparency and governance, with a fully independent board comprising 12 members and no reported material diversion of assets. Their effective management is highlighted by a low liabilities to assets ratio of 3.57% and a healthy program expense ratio of 82.31%.
The strengths of Solomon Valley Transportation Inc are evident in its commitment to maintaining a conflict of interest policy and in documenting board meeting minutes, both of which contribute to its high accountability rating. The organization has shown that it prioritizes fiscal responsibility, ensuring that the majority of its expenditures are directed towards its programs and services.
While the organization performs well in accountability and financial measures, its overall rating is derived from a single beacon score, indicating a need for further evaluation categories to provide a more comprehensive view of its overall impact and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Solomon Valley Transportation Inc legitimate?
Solomon Valley Transportation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solomon Valley Transportation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Other Salaries and Wages: $190,463
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What is the mission statement of Solomon Valley Transportation Inc?
Solomon Valley Transportation Inc is committed to serving the transportation needs of residents in a rural community, where public transportation is not readily available. Their mission is to provide reliable and accessible transportation solutions, ensuring that individuals in these areas can move around freely. By offering this service, they aim to enhance the mobility of the community members, thereby improving their overall quality of life. The organization's operations extend to Mitchell, Jewell, and Osborne counties, providing transportation solutions tailored to the unique needs of each region.
Who is the CEO of Solomon Valley Transportation Inc?
Leanne Eilert is the Secretary of Solomon Valley Transportation Inc.
What is the revenue of Solomon Valley Transportation Inc?
Solomon Valley Transportation Inc's revenue in 2023 was $480,366.
Who are the executives of Solomon Valley Transportation Inc and what are their salaries?
The average compensation at Solomon Valley Transportation Inc during 2023 was $10,024. There are 19 employees at Solomon Valley Transportation Inc.
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Where can I find the form 990 for Solomon Valley Transportation Inc?
Solomon Valley Transportation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Solomon Valley Transportation Inc
Solomon Valley Transportation Inc, a nonprofit organization, is committed to providing transportation for residents living in rural communities where public transportation is lacking. Specifically, this organization focuses on serving the residents of Mitchell, Jewell, and Osborne Counties. By offering transportation services, Solomon Valley Transportation Inc aims to bridge the gap in mobility for those living in remote areas, ensuring they have access to necessary resources and opportunities.
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Impact
July, 2024
Solomon Valley Transportation Inc plays a crucial role in providing transportation for residents in rural areas who have no access to public transportation. This service is particularly vital in Mitchell, Jewell, and Osborne counties, where residents may otherwise struggle to reach essential services and resources. By offering transportation solutions, Solomon Valley Transportation Inc contributes significantly to enhancing the quality of life and overall well-being of individuals in these underserved communities.
This information is meant to be a general summary of Solomon Valley Transportation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,420
- Program Service Revenue: $25,927
- Gross Receipts: $487,165
Assets and Liabilities:
- Total Assets: $714,069
- Total Liabilities: $25,562
- Net Assets: $688,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSPORTATION
Revenue
$25,927
Organization Details
Founding Year
2011
Phone
(785) 738-9501Principal Officer
Leanne Eilert
Main Address
PO BOX 412, BELOIT, KS, 674200412
NTEE Category
Code: P20 - Human services
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