Form 990 for tax year 2024
Filed by SOLOMON VALLEY TRANSPORTATION INC.
Totals
- Total revenue
- $457,468
- Total expenses
- $386,459
- Contributions and grants received
- $385,603
- Grants paid
- $0
- Program service revenue
- $21,591
- Investment income
- $26,890
- Other revenue
- $23,384
- Total assets, end of year
- $799,206
- Total liabilities, end of year
- $15,161
- Net assets or fund balances, end of year
- $784,045
- Program services expenses (Part IX)
- $306,570
- Management and general expenses
- $79,889
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $306,570
Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$385,603
-
2a · Program service revenue: TRANSPORTATION
total $21,591 · related or exempt $21,591
-
3 · Investment income
total $13,290 · excluded $13,290
-
7a · Gross sales of assets other than inventory
other assets $15,600
-
7b · Less cost or other basis and sales expenses
other assets $2,000
-
7c · Gain or loss
other assets $13,600
-
7d · Net gain or loss
total $13,600 · related or exempt $13,600
-
8a · Fundraising events: gross income
$28,235
-
8b · Fundraising events: direct expenses
$4,851
-
8c · Net income from fundraising events
total $23,384 · excluded $23,384
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $195,852 · program services $151,396 · management and general $44,456
-
9 · Other employee benefits
total $4,205 · program services $4,205
-
10 · Payroll taxes
total $14,983 · program services $14,983
-
11a · Fees: management
total $4,827 · management and general $4,827
-
11b · Fees: legal
total $150 · program services $75 · management and general $75
-
11c · Fees: accounting
total $10,305 · program services $5,152 · management and general $5,153
-
12 · Advertising and promotion
total $6,921 · program services $6,921
-
13 · Office expenses
total $21,511 · program services $5,378 · management and general $16,133
-
16 · Occupancy
total $9,000 · management and general $9,000
-
17 · Travel
total $6,191 · program services $6,191
-
22 · Depreciation, depletion and amortization
total $34,580 · program services $34,335 · management and general $245
-
23 · Insurance
total $2,483 · program services $2,483
-
24a · Other expenses: TRANSPORTATION COSTS
total $69,043 · program services $69,043
-
24b · Other expenses: STAFF DEVELOPMENT
total $3,124 · program services $3,124
-
24c · Other expenses: MISCELLANEOUS
total $2,680 · program services $2,680
-
24d · Other expenses: PROPERTY TAX
total $604 · program services $604
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $63,975 · end of year $101,253
-
2 · Savings and temporary cash investments
beginning of year $531,854 · end of year $560,620
-
10a · Land, buildings and equipment: cost or other basis
$317,887
-
10b · Land, buildings and equipment: accumulated depreciation
$180,554
-
10c · Land, buildings and equipment, net
beginning of year $133,887 · end of year $137,333
-
17 · Accounts payable and accrued expenses
beginning of year $12,834 · end of year $11,361
-
25 · Other liabilities
beginning of year $3,846 · end of year $3,800
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $713,036 · end of year $784,045
Mission and programs · 2024
Mission
PROVIDE TRANSPORTATION FOR RESIDENTS IN OUR RURAL COMMUNITY WITH NO ACCESS TO PUBLIC TRANSPORTATION
-
PROVIDING TRANSPORTATION TO THE RESIDENTS OF MITCHELL, JEWELL AND OSBORNE COUNTIES.
Expenses $306,570 · Revenue $35,191
As filed on the 2024 return.
Listed in Part VII
-
Leanne EilertLEANNE EILERT
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Harold HeidrickHAROLD HEIDRICK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Pat IsbellPAT ISBELL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Janna SchmittJANNA SCHMITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jay RowhJAY ROWH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephanie SimmonsSTEPHANIE SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Skilar WinderSKILAR WINDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cortney MurrowCORTNEY MURROW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick DiamondRICK DIAMOND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Amanda LomaxAMANDA LOMAX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa ReinertLISA REINERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Janelle KircherJANELLE KIRCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349306046
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