ADIRONDACK RAILWAY PRESERVATION SOCIETY INC

EIN: 223074470 501(c)(3)

UTICA, NY

Total Revenue
$2,503,455
Total Expenses
$2,644,291
Total Assets
$2,853,303
Net Assets
$1,850,932
🔒

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
1992
Legal Domicile
NY
Principal Officer
FRANK KOBLISKI
Phone
3157240700
Tax Period
2023-01-01 to 2023-12-31

ADIRONDACK RAILWAY PRESERVATION SOCIETY INC, founded in 1992, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

THE ORGANIZATION'S PURPOSE IS PROMOTING, PARTICIPATING IN AND CONTRIBUTING TO THE REHABILITATION, MAINTENANCE, OPERATION AND PRESERVATION OF THE ADIRONDACK TRAVEL CORRIDOR.

Program Service Accomplishments

Program 1
Expenses: $1,996,548 Revenue: $2,149,000

THE ORGANIZATION'S PURPOSE IS PROMOTING, PARTICIPATING IN AND CONTRIBUTING TO THE REHABILITATION, MAINTENANCE, OPERATION AND PRESERVATION OF THE ADIRONDACK TRAVEL CORRIDOR.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $137,335
Program Service Revenue $2,149,000
Investment Income $123,503
Other Revenue $93,617
TOTAL REVENUE $2,503,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $981,632
Fundraising Expenses $0
Program Expenses $1,996,548
Other Expenses $1,662,659
TOTAL EXPENSES $2,644,291

Year-over-Year Comparison

2023 2022 Change
Revenue $2,503,455 $2,934,958 -0.1%
Expenses $2,644,291 $2,914,397 -0.1%
Net Income $-140,836 $20,561 -7.8%
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
11
Independent Members
11
Employees
31
Volunteers
25

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEAL BAUMANN TREASURER N/A
Director
$0 $0 $0
ALLEN DUNHAM DIRECTOR N/A
Director
$0 $0 $0
JAMES ELLIS DIRECTOR N/A
Director
$0 $0 $0
ROBERT HEST SECRETARY N/A
Director
$0 $0 $0
AL HEYWOOD DIRECTOR N/A
Officer Director
$0 $0 $0
LUKE IRVINE DIRECTOR N/A
Director
$0 $0 $0
FRANK KOBLISKI PRESIDENT N/A
Officer Director
$0 $0 $0
MARK LANDGRAF DIRECTOR N/A
Director
$0 $0 $0
STEVEN POTTER VICE PRESIDE N/A
Director
$0 $0 $0
CAROL SCHOCH DIRECTOR N/A
Director
$0 $0 $0
VINCE SPERRAZZA DIRECTOR N/A
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 No data No data No data No data
2023 $2,503,455 $2,644,291 $2,853,303 $-140,836
2022 $2,934,958 $2,914,397 $2,930,696 $20,561
2021 $3,406,896 $2,016,028 $2,682,180 $1,390,868
2020 $740,525 $1,123,673 $1,490,736 $-383,148
2019 $2,681,573 $2,092,250 $1,578,555 $589,323
2018 $2,010,252 $2,131,042 $1,071,423 $-120,790
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ADIRONDACK RAILWAY PRESERVATION SOCIETY INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.