Taxicab Limousine & Paratransit Foundation
- Assets
- $1.8m
- Revenue
- $174.9k
- Investments
- $56.5k
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 52-1548962
Organization Overview
Taxicab Limousine & Paratransit Foundation is located in Silver Spring, MD. The organization was established in 1989. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taxicab Limousine & Paratransit Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Taxicab Limousine & Paratransit Foundation generated $174.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $117.0k during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRANSPORTATION RELATED EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: CONDUCTS RESEARCH ON THE HISTORY OF THE LOCAL PASSENGER TRANSPORTATION FOR-HIRE INDUSTRY AND ON ISSUES OF INTEREST TO, AND FOR THE BETTERMENT OF, THE LOCAL PASSENGER TRANSPORTATION FOR-HIRE INDUSTRY.
SCHOLARSHIP:AN ANNUAL EDUCATIONAL SCHOLARSHIP IS PRESENTED TO AN INDUSTRY WORKER OR THE CHILD OF AN INDUSTRY WORKER AT EACH ANNUAL BUSINESS MEETING OF THE FOUNDATION.
TRANSPORTATION:THE TRANSPORTATION ON PATROL (TOP) PROGRAM PROVIDES PUBLIC SAFETY AUTHORITIES WITH LOCAL PASSENGER TRANSPORTATION FOR-HIRE DRIVERS WATCHING FOR AND REPORTING INCIDENTS TO ENHANCE PUBLIC SAFETY. THE NON-EMERGENCY MEDICAL TRANSPORTATION PROGRAM ASSISTS WITH THE DEVELOPMENT OF AMERICAN NATIONAL STANDARDS INSTITUTE (ANSI) APPROVED NATIONAL STANDARDS FOR NON-EMERGENCY MEDICAL TRANSPORTATION DRIVERS AND FLEETS TO IMPROVE THE HEALTH AND SAFETY OF COMMUNITIES ACROSS THE US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcbride Director | OfficerTrustee | 1 | $0 |
Whsmythe IV President | OfficerTrustee | 1 | $0 |
Carl Ward Treasurer | OfficerTrustee | 2 | $0 |
Robert Werth Vice President | OfficerTrustee | 2 | $0 |
Alfred Lagasse CEO | OfficerTrustee | 1 | $0 |
Ellis Houston Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,450 |
| Total Program Service Revenue | $15,217 |
| Investment income | $37,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $107,111 |
| Net Income from Fundraising Events | $5,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,840 |
| Fees for services: Accounting | $1,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,073 |
| Fees for services: Other | $100,348 |
| Advertising and promotion | $0 |
| Office expenses | $33 |
| Information technology | $212 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | -$738 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,052 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $117,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,035 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,710,148 |
| Investments—other securities | $56,523 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,789,306 |
| Accounts payable and accrued expenses | $17,558 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,558 |
| Net assets without donor restrictions | $1,758,423 |
| Net assets with donor restrictions | $13,325 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,789,306 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Taxicab Limousine & Paratransit Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Neal C Nichols Foundation Inc Falls Church, VA PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Institute Of Research Inc Erie, PA | $4,835,958 | $44,694,809 |
American Association For Laboratory Accreditation Frederick, MD | $14,574,609 | $21,308,917 |
Heart Rhythm Society Inc Washington, DC | $14,704,509 | $17,863,726 |
Corn Refiners Association Inc Washington, DC | $10,439,497 | $7,705,832 |
Zcash Foundation McLean, VA | $32,799,974 | $26,447,593 |
Institute For Womens Policy Research Washington, DC | $17,100,726 | $10,106,680 |
University Of Maryland Psychiatry Associates P A Baltimore, MD | $10,617,628 | $4,863,213 |
West Virginia University Innovation Corporation Morgantown, WV | $2,905,835 | $5,942,099 |
Health And Environmental Sciences Institute Washington, DC | $8,376,390 | $5,052,599 |
Board Of Certification Accreditation International Owings Mills, MD | $5,575,495 | $5,362,772 |
National Caregiving Foundation Dunkirk, MD | $1,366,084 | $4,115,754 |
Appraisal Foundation Washington, DC | $12,806,075 | $4,033,745 |