Occ Transport Inc

Occ Transport Inc. consistently operates at break-even with zero assets and no reported officer compensation.

EIN: 161482285 · Binghamton, NY · NTEE: B114 · Updated: 2026-03-28

$2.8MRevenue

$0Assets

85/100Mission Score (Excellent)

B114

About Occ Transport Inc

Occ Transport Inc (EIN: 161482285) is a nonprofit organization based in Binghamton, NY, classified under NTEE code B114. The organization reported total revenue of $2.8M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Occ Transport Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Occ Transport Inc. demonstrates a consistent operational model where total revenue precisely matches total expenses across all reported periods, including the latest 202405 filing with $3,166,020 in both. This 'break-even' financial activity, coupled with zero reported assets and liabilities, suggests the organization operates on a pass-through or direct service model, where funds are expended as they are received. While this indicates efficient immediate use of funds, it also means the organization lacks financial reserves for future stability or expansion.

The absence of reported officer compensation across all filings, including the most recent, is a significant transparency indicator. It suggests that executive leadership may be entirely volunteer-based or compensated through other means not captured in the 'officer compensation' line item, which warrants further investigation for a complete picture of financial health. The NTEE code B114 (Bus Transportation) aligns with a service-oriented mission, and the consistent break-even operation implies a strong focus on program delivery without accumulating surplus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Occ Transport Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Occ Transport Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Occ Transport Inc. consistently reports 0% officer compensation across all available filings, including the latest 202405 period. This suggests either an entirely volunteer-led executive team or compensation structured in a way not reported under typical officer compensation lines, which is unusual for an organization with over $3 million in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Occ Transport Inc's IRS 990 filings:

Consistent zero assets and liabilities, which could indicate a lack of financial reserves or complex financial structure.
No reported officer compensation for an organization with over $3 million in annual revenue, which is unusual and warrants further inquiry into leadership structure and compensation.

Strengths

The following positive indicators were identified for Occ Transport Inc:

Consistent break-even operations, indicating efficient immediate use of all incoming funds for its mission.
No reported officer compensation, suggesting a potentially high degree of volunteerism at the leadership level.
Strong revenue growth, with revenue increasing from $2,264,870 in 202305 to $3,166,020 in 202405.

Frequently Asked Questions about Occ Transport Inc

How does Occ Transport Inc. manage to operate with zero assets and liabilities consistently?

The consistent reporting of zero assets and liabilities, alongside revenue precisely matching expenses, suggests a highly efficient pass-through model where funds are immediately used for services, or that assets/liabilities are held by a related entity.

Who provides the executive leadership for Occ Transport Inc. if no officer compensation is reported?

The absence of reported officer compensation implies that executive leadership may be entirely volunteer-based, or compensated through a different mechanism not disclosed in the officer compensation section of the 990.

What are the specific programs or services provided by Occ Transport Inc. given its NTEE code B114 (Bus Transportation)?

Given the NTEE code B114, Occ Transport Inc. likely provides bus transportation services, possibly for specific community needs, schools, or other non-profit initiatives in Binghamton, NY.

Filing History

IRS 990 filing history for Occ Transport Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Occ Transport Inc's revenue has grown by 242.2%, moving from $925K to $3.2M. Total functional expenses rose by 242.2%, from $925K to $3.2M. In its most recent filing year (2024), Occ Transport Inc reported a surplus of $0, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$3.2M	$3.2M	$0	$0	—	View 990
2023	$2.3M	$2.3M	$0	$0	—	—
2022	$2.4M	$2.4M	$0	$0	—	View 990
2021	$1.8M	$1.8M	$0	$0	—	—
2020	$2.6M	$2.6M	$0	$0	—	View 990
2019	$2.6M	$2.6M	$0	$0	—	View 990
2018	$2.2M	$2.2M	$0	$0	—	—
2017	$2.1M	$2.1M	$0	$0	—	View 990
2016	$2.0M	$2.0M	$0	$0	—	View 990
2015	$1.9M	$1.9M	$0	$0	—	View 990
2014	$1.0M	$1.0M	$1	$0	—	View 990
2013	$952K	$952K	$0	$0	—	View 990
2012	$925K	$925K	$0	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $3.2M, expenses of $3.2M, and assets of $0 (revenue +39.8% year-over-year).
2023: Revenue of $2.3M, expenses of $2.3M, and assets of $0 (revenue -4.3% year-over-year).
2022: Revenue of $2.4M, expenses of $2.4M, and assets of $0 (revenue +34.8% year-over-year).
2021: Revenue of $1.8M, expenses of $1.8M, and assets of $0 (revenue -32.1% year-over-year).
2020: Revenue of $2.6M, expenses of $2.6M, and assets of $0 (revenue +1.0% year-over-year).
2019: Revenue of $2.6M, expenses of $2.6M, and assets of $0 (revenue +17.5% year-over-year).
2018: Revenue of $2.2M, expenses of $2.2M, and assets of $0 (revenue +5.1% year-over-year).
2017: Revenue of $2.1M, expenses of $2.1M, and assets of $0 (revenue +1.7% year-over-year).
2016: Revenue of $2.0M, expenses of $2.0M, and assets of $0 (revenue +7.0% year-over-year).
2015: Revenue of $1.9M, expenses of $1.9M, and assets of $0 (revenue +82.7% year-over-year).
2014: Revenue of $1.0M, expenses of $1.0M, and assets of $1 (revenue +9.8% year-over-year).
2013: Revenue of $952K, expenses of $952K, and assets of $0 (revenue +2.8% year-over-year).
2012: Revenue of $925K, expenses of $925K, and assets of $0.

Data Sources and Methodology

This transparency report for Occ Transport Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.