Tri-valley Transit Inc is a 501(c)(3) organization based in Middlebury, Vermont, registered in 1993, with $9,509,974 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$9.5M
▲ 18.6% vs prior year
Human Services median: $293K
Expenses (FY2023)
$8.8M
Net assets
$11.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-valley Transit Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-valley Transit Inc: 15 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-valley Transit Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-valley Transit Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.3M (FY2013) to $9.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
7.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.6M
Total liabilities
$1.4M
Net assets
$11.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,509,974▲18.6% | $8,799,335▲15.6% | $11,228,050▲6.8% | $12,634,363▲14.0% | 990 |
| 2022 | $8,016,069▲12.9% | $7,612,270▲15.8% | $10,517,411▲4.0% | $11,079,641▲4.5% | 990 |
| 2021 | $7,100,109▼23.3% | $6,572,027▲3.4% | $10,113,612▲5.5% | $10,601,188▼0.5% | 990 |
| 2020 | $9,261,366▲41.5% | $6,358,402▲2.3% | $9,585,530▲43.4% | $10,651,913▲36.2% | 990 |
| 2019 | $6,546,858▲12.4% | $6,215,912▲3.0% | $6,682,566▲5.2% | $7,820,940▲16.2% | 990 |
| 2018 | $5,822,404▲74.4% | $6,033,451▲72.7% | $6,351,620▲25.4% | $6,732,610▲25.9% | 990 |
| 2016 | $3,338,566▼7.0% | $3,492,809▲6.9% | $5,066,217▼3.0% | $5,348,709▼3.0% | 990 |
| 2015 | $3,588,972▲2.6% | $3,267,940 | $5,220,460▲6.6% | $5,513,041▼4.5% | 990 |
| 2014 | $3,496,439▲5.3% | $3,269,110▲8.0% | $4,899,428▲4.9% | $5,770,000▲5.3% | 990 |
| 2013 | $3,320,334 | $3,026,646▲10.9% | $4,672,099▲6.7% | $5,478,577▲0.7% | 990 |
| 2012 | — | $2,728,572▲13.4% | $4,378,411▲185% | $5,439,017▲196% | 990 |
| 2011 | — | $2,405,150 | $1,538,154 | $1,838,903 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
27 grants to Tri-valley Transit Inc totaling $759K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Trustees of Dartmouth College | Charitable contribution | 2023 | $48,125 |
| Mary Hitchcock Memorial Hospital | Program support | 2023 | $44,111 |
| Dartmouth-hitchcock Clinic | Program support | 2023 | $18,905 |
| Gifford Medical Center Inc | Operations support | 2023 | $10,173 |
| Vermont Community Foundation | General purpose | 2023 | $5,250 |
| Trustees of Dartmouth College | Charitable contribution | 2022 | $46,723 |
| Mary Hitchcock Memorial Hospital | Program support | 2022 | $32,343 |
| Dartmouth-hitchcock Clinic | Program support | 2022 | $13,211 |
| Gifford Medical Center Inc | Operations support | 2022 | $10,000 |
| Mary Hitchcock Memorial Hospital | Program support | 2021 | $57,313 |
| Trustees of Dartmouth College | Charitable contribution | 2021 | $45,362 |
| New Hampshire Charitable Foundation | For the bradford transportation center and the solar project | 2021 | $38,200 |
| Dartmouth-hitchcock Clinic | Program support | 2021 | $24,563 |
| Gifford Medical Center Inc | Operations support | 2021 | $7,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $50,000 |
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Data for Tri-valley Transit Inc (EIN 03-0335768) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.