Charity Search / TEXOMA AREA PARATRANSIT SYSTEM INC
Public & Societal Benefit (W40Z) IRS Verified DX Registered 990 on File

TEXOMA AREA PARATRANSIT SYSTEM INC

EIN: 75-2127267 · SHERMAN, TX 75090-2128 · United States · FY 2025 Data
4 out of 5 76 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 90/100
Impact (25%) 80/100
Financial data: FY 2025 · Scored 9/13/2026
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TEXOMA AREA PARATRANSIT SYSTEM INC logo
CharityAI™ Score
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Mission Statement

The mission of TAPS is to provide safe, reliable, and affordable transportation to the citizens of North Texas and work in partnership with other similar providers operating in other areas to promote regional connectivity and mobility to make the most impact to the North Texas Region. TAPS' service impacts in a positive way to the quality of life for its clients and citizens of the North Texas Region.

Financial Overview — FY 2025
$6.9M
Total Revenue
$4.0M
Total Expenses
$7.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 22.33x
Liability-to-Asset 16.9%
Revenue Diversification 97.5%
Executive Compensation $0
Compared with Peers
FY 2025
Compared with 200 similar organizations (United States, Public & Societal Benefit, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 83.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 12.2%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
22.3 mo 10.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
16.9% 12.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
97.5% 93.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
139.6% 7.9%
P10P90
Expense growth
Year over year expense growth
41.8% 6.1%
P10P90
Surplus margin
Surplus as a share of revenue
41.1% 4.4%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
improved overall health and wellness due to transportation connections 40,000 $3.00 Per Day
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $6.9M $4.0M $7.5M 100.0% 0
2024 $2.9M $2.8M N/A 0
2023 $3.2M $3.3M $2.4M 100.0% 0
2022 $3.3M $3.2M $2.6M 100.0% 0
2021 $7.8M $3.0M N/A 0
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Organization Details
EIN
75-2127267
State
TX
City
SHERMAN
ZIP
75090-2128
Classification
W40Z
Category
Public & Societal Benefit
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1986
Foundation Code
15
Form 990
On File
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