LAWRENCE HOPEWELL TRAIL CORPORATION

EIN: 200511132 501(c)(3) Recreation & Sports

PENNINGTON, NJ

Total Revenue
$216,588
Total Expenses
$175,940
Total Assets
$548,182
Net Assets
$536,117
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NJ
Principal Officer
DAVID SANDAHL
Phone
6098950813
Tax Period
2023-01-01 to 2023-12-31

LAWRENCE HOPEWELL TRAIL CORPORATION, founded in 2001, is a small nonprofit in the Recreation & Sports sector that reported $217K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $41K, a strong 19% operating margin.

Mission

THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $159,788
Program Service Revenue $0
Investment Income $8,403
Other Revenue $48,397
TOTAL REVENUE $216,588

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,013
Fundraising Expenses $7,784
Program Expenses $114,819
Other Expenses $55,927
TOTAL EXPENSES $175,940

Year-over-Year Comparison

2023 2022 Change
Revenue $216,588 $324,326 -0.3%
Expenses $175,940 $113,283 +0.6%
Net Income $40,648 $211,043 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
40

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
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN ANTEBI TRUSTEE 5.00
Director
$0 $0 $0
SILVIA ASCARELLI TRUSTEE 5.00
Director
$0 $0 $0
MARIA CONNOLLY TRUSTEE 5.00
Director
$0 $0 $0
DR JILL F YOUNG DO TRUSTEE 5.00
Director
$0 $0 $0
MIKE GRAY TRUSTEE 5.00
Director
$0 $0 $0
ALAN M HERSHEY TREASURER 5.00
Officer Director
$0 $0 $0
WILLS KINSLEY TRUSTEE 5.00
Director
$0 $0 $0
RUTH MARKOE TRUSTEE 5.00
Director
$0 $0 $0
JOHN R MURRAY VICE-CHAIR 20.00
Officer Director
$0 $0 $0
JENNIFER PECK NOLTE TRUSTEE 5.00
Director
$0 $0 $0
JIM PARVESSE TRUSTEE 5.00
Director
$0 $0 $0
UMA PURANDARE TRUSTEE 5.00
Director
$0 $0 $0
DAVID SANDAHL VICE-CHAIR 20.00
Officer Director
$0 $0 $0
NADINE STERN TRUSTEE 5.00
Director
$0 $0 $0
CHRIS TARR TRUSTEE 5.00
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 No data No data No data No data
2023 $216,588 $175,940 $548,182 $40,648
2022 $324,326 $113,283 $515,235 $211,043
2021 $84,475 $114,161 $299,467 $-29,686
2020 $134,805 $103,776 $337,279 $31,029
2019 $249,449 $89,058 $296,541 $160,391
2018 $124,625 $73,651 $134,630 $50,974
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