READING COMPANY TECHNICAL & HISTORICAL SOCIETY INC

EIN: 232316896 501(c)(3)

READING, PA

Total Revenue
$205,937
Total Expenses
$182,333
Total Assets
$1,642,585
Net Assets
$1,641,918
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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
1976
Legal Domicile
PA
Principal Officer
JAMES H ADAMS
Phone
6107773674
Tax Period
2023-01-01 to 2023-12-31

READING COMPANY TECHNICAL & HISTORICAL SOCIETY INC, founded in 1976, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $182K left a modest 11% surplus.

Mission

THE MISSION OF THE READING COMPANY TECHNICAL AND HISTORICAL SOCIETY IS TO DOCUMENT, COLLECT, PRESERVE, AND INTERPRET TO THE PUBLIC THE HISTORY AND SIGNIFICANCE OF THE READING RAILROAD, ITS PREDECESSORS, AND SUCCESSORS.

Program Service Accomplishments

Program 1
Expenses: $148,086 Revenue: $15,333

PROCUREMENT & DISSEMINATION OF HISTORICAL INFORMATION & ITEMS OF SIGNIFICANCE TO THE HISTORY OF THE REAILROADS, ESPECIALLY THE READING RAILROAD, BENEFITS ALL MEMBERS AND THE PUBLIC WHO CONTACT US AT...

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PROCUREMENT & DISSEMINATION OF HISTORICAL INFORMATION & ITEMS OF SIGNIFICANCE TO THE HISTORY OF THE REAILROADS, ESPECIALLY THE READING RAILROAD, BENEFITS ALL MEMBERS AND THE PUBLIC WHO CONTACT US AT AREA EVENTS.

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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 $166,396
Program Service Revenue $15,333
Investment Income $2,097
Other Revenue $22,111
TOTAL REVENUE $205,937

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $52
Program Expenses $148,086
Other Expenses $182,333
TOTAL EXPENSES $182,333

Year-over-Year Comparison

2023 2022 Change
Revenue $205,937 $303,592 -0.3%
Expenses $182,333 $179,376 +0.0%
Net Income $23,604 $124,216 -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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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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
70

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUANE E ENGLE PRESIDENT 18.00
Officer Director
$0 $0 $0
THOMAS A BROWN 1ST VICE PRE 8.00
Officer Director
$0 $0 $0
ROBERT J BIAMONTE 2ND VICE PRE 4.00
Officer Director
$0 $0 $0
JAMES H ADAMS TREASURER 20.00
Officer Director
$0 $0 $0
FRANCIS R SCALISE SECRETARY 8.00
Officer Director
$0 $0 $0
DONALD CRABTREE DIRECTOR 12.00
Director
$0 $0 $0
STEPHEN A GILBERT DIRECTOR 6.00
Director
$0 $0 $0
DALE W WOODLAND DIRECTOR 6.00
Director
$0 $0 $0
MICHAEL G HUBER DIRECTOR 6.00
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 $205,937 $182,333 $1,642,585 $23,604
2022 $303,592 $179,376 $1,618,958 $124,216
2021 $216,389 $186,745 $1,494,645 $29,644
2020 $252,273 $139,353 $1,464,494 $112,920
2019 $223,514 $111,156 $1,352,256 $112,358
2018 $210,772 $115,715 $1,239,535 $95,057
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