BRANFORD ELECTRIC RAILWAY ASSOC INC

EIN: 066088826 501(c)(3) Arts, Culture & Humanities

EAST HAVEN, CT

Total Revenue
$528,110
Total Expenses
$717,847
Total Assets
$2,487,254
Net Assets
$2,005,119
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
CT
Phone
2034676927
Tax Period
2024-01-01 to 2024-12-31

BRANFORD ELECTRIC RAILWAY ASSOC INC, founded in 1945, is a small nonprofit in the Arts, Culture & Humanities sector that reported $528K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $718K exceeded revenue, resulting in a 36% operating deficit.

Mission

The mission of the Branford Electric Railway Association, Inc. doing business as the Shore Line Trolley Museum is to share with a diverse audience the story of the trolley and related forms of public transportation in their historical context.In 1983, the railway, along with the entire museum collection, was recognized as a National Historic District by the National Register of Historic Places. BERA is the organization behind the Shore Line Trolley Museum.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $309,691
Program Service Revenue $161,516
Investment Income $129
Other Revenue $56,774
TOTAL REVENUE $528,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,674
Fundraising Expenses $21,000
Program Expenses $507,045
Other Expenses $553,173
TOTAL EXPENSES $717,847

Year-over-Year Comparison

2024 2023 Change
Revenue $528,110 $599,921 -0.1%
Expenses $717,847 $789,164 -0.1%
Net Income $-189,737 $-189,243 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
118

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$88,067
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PROTO Executive Dir. 40.00
Director
$88,067 $0 $88,067
JOSEPH DEKO President 1.00
Officer Director
$0 $0 $0
CHRISTOPHER MITCHELL Trustee 1.00
Director
$0 $0 $0
SHAELYN AMAIO Trustee 1.00
Officer Director
$0 $0 $0
PETER EZZARD Trustee 1.00
Director
$0 $0 $0
AL SANTINI Trustee Vice Ch 1.00
Officer Director
$0 $0 $0
MAX DIAMOND Trustee 1.00
Director
$0 $0 $0
PAUL GRETHER Trustee 1.00
Director
$0 $0 $0
TOM LAURENSON Trustee 1.00
Director
$0 $0 $0
LOU LEVINSON Trustees Chair 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $528,110 $717,847 $2,487,254 $-189,737
2023 $599,921 $789,164 $2,568,682 $-189,243
2022 $618,119 $792,762 $2,646,239 $-174,643
2021 $1,151,816 $893,915 $2,818,650 $257,901
2021 $769,631 $799,814 $2,523,439 $-30,183
2020 $560,612 $607,749 $2,456,258 $-47,137
2019 $623,941 $739,638 $2,447,356 $-115,697
2018 $647,021 $754,297 $2,539,880 $-107,276
2017 $869,875 $646,101 $2,589,797 $223,774
2017 $869,875 $646,101 $2,589,797 $223,774
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