Overview
What is Yankton Transit Inc?
Yankton Transit Inc is a nonprofit organization situated in the Yankton area. Its primary focus is to provide essential transportation services for individuals with limited income and those who are disabled. Serving as their primary means of mobility, Yankton Transit fulfills its mission by extending a helping hand to those in need. The organization's activities revolve around ensuring seamless transportation, thereby aiding the underserved segment of the community.
Official website here: www.yanktontransit.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Yankton Transit Inc received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial transparency. The organization scored 73%, reflecting strong governance in certain areas, such as having an entirely independent board and a low liabilities to assets ratio. Additionally, a high program expense ratio of 92.63% suggests that a significant portion of its expenditures is directed towards fulfilling its mission.
However, the nonprofit has notable weaknesses that affect its overall rating. It lacks essential financial statements and has not implemented a whistleblower policy or a document retention and destruction policy. Furthermore, critical documents, including tax forms on its website, are missing, which impacts transparency and trust with stakeholders.
Addressing these gaps in governance practices would enhance Yankton Transit Inc's credibility and improve its rating in future evaluations. Strengthening financial reporting and adhering to best practices in nonprofit management could contribute significantly to its operational effectiveness and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Yankton Transit Inc legitimate?
Yankton Transit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yankton Transit 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,327
For more financial information, click here
Official website here: www.yanktontransit.com
What is the mission statement of Yankton Transit Inc?
Yankton Transit Inc's mission is centered around providing transportation services to individuals in need, particularly those living below the income threshold and those with disabilities. In this capacity, the organization serves as a vital lifeline, offering transport as their sole means of mobility. By fulfilling this mission, Yankton Transit Inc aims to assist these individuals, thereby contributing to their overall well-being.
Official website here: www.yanktontransit.com
Who is the CEO of Yankton Transit Inc?
Anthony Erickson is the Director of Yankton Transit Inc.
Official website here: www.yanktontransit.com
What is the revenue of Yankton Transit Inc?
Yankton Transit Inc's revenue in 2022 was $914,312.
Official website here: www.yanktontransit.com
Who are the executives of Yankton Transit Inc and what are their salaries?
The average compensation at Yankton Transit Inc during 2022 was $19,916. There are 20 employees and 15 volunteers at Yankton Transit Inc.
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Official website here: www.yanktontransit.com
Where can I find the form 990 for Yankton Transit Inc?
Yankton Transit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yanktontransit.com
Learn more at the official website: www.yanktontransit.com
Mission Statement of Yankton Transit Inc
Yankton Transit Inc, a nonprofit organization, is dedicated to providing transportation for individuals in need, specifically those who are economically disadvantaged and have disabilities. Serving as the sole mode of transportation for many in the Yankton area, this organization fulfills a crucial mission to aid those who are struggling. By offering transportation services, Yankton Transit Inc plays a significant role in ensuring that these individuals can access essential resources and maintain their daily routines. The organization's mission is to extend a helping hand and make a tangible difference in the lives of those who rely on its services.
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Impact
July, 2024
Yankton Transit Inc's impact is profound as it provides crucial transportation services to low-income and disabled individuals in the Yankton area. Serving as their primary mode of transportation, Yankton Transit fulfills its mission to aid those in need by ensuring they have access to essential services, activities, and resources. Through its dedicated service, Yankton Transit plays a significant role in enhancing the quality of life for vulnerable populations in the community.
This information is meant to be a general summary of Yankton Transit 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 2022.
- Investment Income: $49
- Program Service Revenue: $82,781
- Gross Receipts: $914,312
Assets and Liabilities:
- Total Assets: $1,400,690
- Total Liabilities: $10,973
- Net Assets: $1,389,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIDERS CONTRIBUTIONS
Revenue
$82,781
Organization Details
Phone
(605) 665-4610Principal Officer
Anthony Erickson
Main Address
PO BOX 1018, YANKTON, SD, 57078
Website
www.yanktontransit.comNTEE Category
Code: Z99 - Unknown
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