LAWRENCE HOPEWELL TRAIL CORPORATION

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

PENNINGTON, NJ

Total Revenue
$176,023
Total Expenses
$134,144
Total Assets
$589,048
Net Assets
$577,996
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NJ
Principal Officer
DAVID SANDAHL
Phone
6098950813
Tax Period
2024-01-01 to 2024-12-31

LAWRENCE HOPEWELL TRAIL CORPORATION, founded in 2001, is a small nonprofit in the Recreation & Sports sector that reported $176K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $42K, a strong 24% 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.

Program Service Accomplishments

Program 1
Expenses: $87,504

THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO...

Read more

THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO ENCOURAGE HEALTH AND FITNESS,ENJOYMENT OF THE OUTDOORS, AND ACCESS TO PRESERVED OPEN SPACE WHILE LINKING COMMUNITIES AND NEIGHBORHOODS AND PROVIDING AN ALTERNATIVE TO AUTOMOBILE TRANSPORTATION, THEREBY CONTRIBUTING TO A MORE SUSTAINABLE COMMUNITY. THE LHT'S PRIMARY PROGRAMMATIC ACCOMPLISHMENTS ARE: (1) MANAGING THE DEVELOPMENT OF THE TRAIL THAT TRAVERSES CORPORATE CAMPUSES, A PRIVATE SCHOOL, PRESERVED OPEN SPACE, PARKS, NEIGHBORHOODS, AND A MAIN STREET. THIS REQUIRES ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH MULTIPLE LANDOWNERS; DESIGNING SEGMENTS THAT MEET ENVIRONMENTAL, SAFETY, AND CONSTRUCTION STANDARDS; RAISING FUNDS FOR TRAIL CONSTRUCTION AND SUPPORT OF THE NONPROFIT CORPORATION; AND COORDINATING EFFORTS WITH LOCAL AND COUNTY GOVERNMENTS. AS OF 2022, 95% OF THE TRAIL HAS BEEN COMPLETED. PLANS ARE UNDERWAY FOR THE FUNDING, DESIGN, AND CONSTRUCTION OF THE REMAINDER. WHAT IS NOT REFLECTED IN THE FINANCIAL STATEMENTS IS THE FACT THAT IN COLLABORATION WITH COUNTY AND TOWNSHIP OFFICIALS, OVER 17 MILLION HAS BEEN RAISED FOR TRAIL CONSTRUCTION OVER THE YEARS. IN THE SECOND CATEGORY OF ACCOMPLISHMENTS ARE ACTIVITIES TO ENCOURAGE AND PROMOTE THE USE OF THE TRAIL THROUGH PUBLICITY, PUBLIC EDUCATION, AND THE SPONSORSHIP OF COMMUNITY-BUILDING ACTIVITIES. IN ADDITION TO CREATING THE MONTHLY SATURDAY MORNING WALKING CLUB, THE LHT HOLDS TWO ANNUAL SIGNATURE EVENTS. THE FIRST IS THE LHT FULL MOON BIKE RIDE JOINTLY SPONSORED BY THE MERCER COUNTY PARK COMMISSION. THE SECOND EVENT, TRAIL AND TREAT, A FUN AFTERNOON FOR CHILDREN AND THEIRIR FAMILIES. IN 2019 THE LHT ARTWALK WAS INTRODUCED. THIS PROGRAM COUPLES TRAIL FANS WITH A PROFESSIONAL ARTIST WHO TEACHES TECHNIQUES FOR CAPTURING NATURE ON PAPER, CANVAS OR FILM. AS A RESULT OF THE LHT'S EFFORTS AND EXTENSIVE WORD-OF-MOUTH, THE TRAIL IS ENJOYED BY MORE THAN 400,000 WALKERS, JOGGERS, BIKERS, SNOWSHOERS AND CROSS-COUNTRY SKIERS EACH YEAR AND THE NUMBER IS GROWING. THE THIRD CATEGORY OF ACCOMPLISHMENT INCLUDES TRAIL MAINTENANCE AND ENHANCEMENT THROUGH THE ADDITION OF ADDITIONAL DIRECTIONAL SIGNAGE AND AMENITIES SUCH AS BENCHES AND KIOSKS. THE LHT SERVES AS A MODEL FOR PUBLIC-PRIVATE PARTNERSHIPS AND A RESOURCE FOR OTHER COMMUNITIES THAT WANT TO EMULATE THE UNIQUE SUCCESS OF THE LAWRENCE HOPEWELL TRAIL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $151,808
Program Service Revenue $0
Investment Income $16,480
Other Revenue $7,735
TOTAL REVENUE $176,023

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,091
Fundraising Expenses $13,642
Program Expenses $87,504
Other Expenses $76,053
TOTAL EXPENSES $134,144

Year-over-Year Comparison

2024 2023 Change
Revenue $176,023 $216,588 -0.2%
Expenses $134,144 $175,940 -0.2%
Net Income $41,879 $40,648 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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
2024 $176,023 $134,144 $589,048 $41,879
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
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAWRENCE HOPEWELL TRAIL CORPORATION with other nonprofits in New Jersey and across the country.