ADIRONDACK RAILWAY PRESERVATION SOCIETY INC (EIN 223074470) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

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 AND OPERATION OF THE ADIRONDACK 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%)

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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

ADIRONDACK RAILWAY PRESERVATION SOCIETY INC