BLACK RIVER RAILROAD HISTORICAL TRUST INC (EIN 223834538) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Michael Shea

Phone

9087826622

Tax Period

2023-01-01 to 2023-12-31

BLACK RIVER RAILROAD HISTORICAL TRUST INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $547K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $519K left a modest 5% surplus.

Mission

To preserve the history and heritage of railroading while educating the public on railroad safety. Achievements include the restoration and operation of historical railroad equipment for the members and general public alike to enjoy and railroad safety and railroad history lectures.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,253

Program Service Revenue $534,540

Investment Income $1,874

Other Revenue $0

TOTAL REVENUE $546,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,154

Fundraising Expenses $0

Program Expenses $512,347

Other Expenses $487,320

TOTAL EXPENSES $519,474

Year-over-Year Comparison

	2023	2022	Change
Revenue	$546,667	$467,457	+0.2%
Expenses	$519,474	$430,082	+0.2%
Net Income	$27,193	$37,375	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
Gary Jepsen	Trustee	2	Director	$0	$0	$0
Donald Lachenauer	Trustee	5	Director	$0	$0	$0
Paul Nicholson	Trustee	5	Director	$0	$0	$0
Michael Shea	President	15	Officer Director	$0	$0	$0
Daniel Vaccarella	Treasurer	15	Officer Director	$0	$0	$0
Ryan Gerhardt	Secretary	15	Officer Director	$0	$0	$0
Ryan Mack	Director	15	Officer Director	$0	$0	$0
Dylan Waddell	Director	15	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	$546,667	$519,474	$582,800	$27,193
2022	$467,457	$430,082	$507,785	$37,375
2021	$361,815	$365,050	$415,566	$-3,235
2020	$45,746	$177,560	$356,802	$-131,814
2019	$580,458	$615,070	$625,475	$-34,612
2018	$485,089	$419,788	$604,560	$65,301

BLACK RIVER RAILROAD HISTORICAL TRUST INC