Financial Information

Here's how the money is spent: listed below are TransitPeople expenses from 1999 through 2013. Excluded are transit, admission, accounting and printing expenses contributed as 'in kind' donations by our supporters.

2013

Transit Costs:$16,508
Admission Costs:$11,218
Insurance:$4,848
Legal fees:$1,600
Telephone:$1,075
Accounting fees:$575
Postage/delivery:$275
All other:$363
  
2013 total:$36,462

2013 Notes: The insurance figure above includes an $1,194 rebate. Legal and accounting fees are for assistance with dissolution and final tax preparation.


2012

Transit Costs:$12,872
Admission Costs:$7,540
Insurance:$5,992
Telephone:$1,075
Postage/delivery:$282
All other:$218
  
2012 total:$27,979

2012 Notes: The insurance figure above was offset by a $1,500 rebate. As indicated in the notes for 2011, the TransitPeople phone number is now a business cell phone, with a monthly tab of approximately $82.


2011

Transit Costs:$16,600
Admission Costs:$7,544
Insurance:$5,992
Inventory Purchases:$602
Postage/delivery:$432
Telephone:$411
Training related:$284
All other:$180
  
2011 total:$32,045

2011 Notes: Transit costs were much higher than in years past, as we now pay for all our own transit expenses. The TransitPeople phone number is now a business cell phone, with a monthly tab of approximately $82. The insurance figure above was offset by a $1,732 rebate.


2010

Admission Costs:$8,741
Insurance:$6,611
Transit Costs:$3,593
Postage/delivery:$853
Inventory Purchases:$693
Training related:$657
All other:$292
  
2010 total:$21,440

2010 Notes: Teachers booked more trips to low or no cost destinations in 2010, which kept our admissions costs down. Our insurance tab was once again offset by a rebate from our insurer, this time for $1,161.


2009

Admission Costs:$13,326
Insurance:$6,686
Transit Costs:$2,986
Inventory Purchases:$1,346
Postage/delivery:$722
Training related:$530
All other:$334
  
2009 total:$25,930

2009 Notes: The insurance cost noted above was offset by a $718 rebate. Most 'inventory purchases' were for jerseys and other gear for newly-qualifying teacher-trip leaders.


2008

Admission Costs:$13,056
Insurance:$6,438
Transit Costs:$3,886
Investment Loss:$3,250
Training related:$977
Postage/delivery:$565
Inventory Purchases:$244
All other:$178
  
2008 total:$28,594

2008 Notes: This year, TransitPeople received a one-time donation of stock shares to establish an endowment fund. The stock shares were sold within a week of receipt, but still lost $3,250 of value from the date on which they officially became ours to the date on which they were liquidated. This is the ‘investment loss’ referred to above.

The insurance cost noted above was offset by an $813 rebate.


2007

Admission Costs:$12,742
Insurance:$6,438
Transit Costs:$2,147
Training related:$1,953
Inventory Purchases:$1,117
Postage/delivery:$647
All other:$335
  
2007 total:$25,379

2007 Notes: This year admission, insurance and transit costs accounted for 84% of expenditures. Most training related costs were for first aid training for trip leaders.


2006

Admission Costs:$10,527
Insurance:$6,446
Transit Costs:$1,529
Training related:$988
Inventory Purchases:$622
Postage/delivery:$358
All other:$215
  
2006 total:$20,685

2006 Notes: This year admission, insurance and transit costs accounted for slightly less than 90% of expenditures. Our insurer changed its rate on one component of our insurance coverage, which lowered our yearly premium.


2005

Admission Costs:$11,122
Insurance:$7,633
Transit Costs:$2,016
Training related:$1,730
Inventory Purchases:$1,165
Postage/delivery:$492
All other:$185
  
2005 total:$24,343

2005 Notes: Admission, insurance and transit costs accounted for slightly more than 85% of expenditures this year. Most training related costs were for Red Cross training for trip leaders. Inventory expenses were for jerseys, first aid gear and emergency rain ponchos.


2004

Admission Costs:$12,888
Insurance:$4,884
Transit Costs:$1,954
Printing:$417
Training related:$279
Postage/delivery:$229
Inventory Purchases:$196
All other:$205
  
2004 total:$21,052

2004 Notes: Once again, over 90% of expenditures were for admission, insurance and transit costs. As in 2002, our insurance premium rose due to continued program growth. Post office box rental is now included in 'Postage/delivery.'


2003

Admission Costs:$9,324
Insurance:$2,892
Transit Costs:$1,495
Inventory Purchases:$501
Training related:$316
All other:$307
  
2003 total:$14,835

2003 Notes: Over 90% of expenditures this year were for admission, insurance and transit costs. 'All other' includes post office box rental, bank charges, delivery charges and sales tax.


2002

Admission Costs:$7,018
Insurance:$2,892
Inventory Purchases:$1,055
Transit Costs:$695
Training related:$480
Printing:$219
All other:$352
  
2002 total:$12,711

2002 Notes: Increased program participation added an extra $1,075 to our insurance costs. Inventory purchases are for jerseys, first aid kits and a 100 copy trial run of our aquarium booklet (originally classified as a printing expense).


2001

Admission Costs:$2,427
Insurance:$1,817
Transit Costs:$352
Inventory Purchases:$998
Training related:$203
History booklet:$1,860
All other:$800
  
2001 total:$8,457

2001 Notes: The generosity of our supporters enabled us to book more trips to premium admission-charging educational destinations. 'History booklet' expenses are for 2,000 copies of the TransitPeople transportation history booklet; board member Tim Adams paid for this expense. Inventory purchases are for jerseys, first aid kits, rain ponchos and transit pass badge holders. 'Training related' is for background investigation and Red Cross training for Trip Leaders. 'All other' includes bank charges, post office box rental and materials consumed by Trip Leaders during trips.


2000

Admission Costs:$540
Insurance:$1,817
Transit Costs:$1,244
Inventory Purchases:$868
Training related:$84
Printing:$552
All other:$745
  
2000 total:$5,850

2000 Notes: 'All other' includes trademark expenses, bank account fees, post office box rental and materials consumed by Trip Leaders during trips. Inventory purchases are for TransitPeople jerseys, first aid kits and emergency rain ponchos. Printing expenses are for a TransitPeople flier.


1999

Admission Costs:$1,412
Insurance:$1,812
Transit Costs:$756
Inventory Purchases:$645
All other:$662
  
1999 total:$5,287

1999 Notes: 1999 Notes: 'All other' includes trademark expenses and bank account fees. Inventory purchases are for TransitPeople t-shirts.