FRIENDS OF ECUSTA TRAIL INC

EIN: 272820132 501(c)(3) Recreation & Sports

Brevard, NC

Total Revenue
$352,935
Total Expenses
$1,495,156
Total Assets
$6,200,525
Net Assets
$6,200,525
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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
2009
Legal Domicile
NC
Principal Officer
Debbie Tellman
Phone
8284901854
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF ECUSTA TRAIL INC, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $353K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 324% operating deficit.

Mission

Design and build a 19 mile multi-use greenway on an abandoned rail corridor

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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 (2025)

Revenue Breakdown

Contributions & Grants $104,684
Program Service Revenue $0
Investment Income $248,432
Other Revenue $-181
TOTAL REVENUE $352,935

Expense Breakdown

Grants Paid $1,382,209
Salaries & Benefits $26,960
Fundraising Expenses $0
Program Expenses $1,382,209
Other Expenses $85,987
TOTAL EXPENSES $1,495,156

Year-over-Year Comparison

2025 2024 Change
Revenue $352,935 $432,923 -0.2%
Expenses $1,495,156 $1,096,204 +0.4%
Net Income $-1,142,221 $-663,281 +0.7%
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
15
Independent Members
15
Employees
1
Volunteers
150

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
4
$0
Total Directors
15
$0
Key Employees
1
$25,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Rice Executive Director 40
Key Emp
$23,000 $2,200 $25,200
Ken Shelton Board member 8
Director
$0 $0 $0
George Banta Board member 3
Director
$0 $0 $0
Lynn Huffman Vice President 20
Officer Director
$0 $0 $0
Tad Fogel Board member 3
Director
$0 $0 $0
Frank Porter Board member 3
Director
$0 $0 $0
John Ditillo Board member 8
Director
$0 $0 $0
Mark Tooley President 30
Officer Director
$0 $0 $0
Dean St Marie Board Member 2
Director
$0 $0 $0
Nancy DePippo Secretary 5
Officer Director
$0 $0 $0
Debbie Tellman Treasurer 5
Officer Director
$0 $0 $0
Melinda Hendershott Board member 3
Director
$0 $0 $0
Jeff Meadows Board member 3
Director
$0 $0 $0
Lissa Calloway Board Member 5
Director
$0 $0 $0
Travis Bonnema Board Member 2
Director
$0 $0 $0
Steven Crane Board Member 3
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
2025 $352,935 $1,495,156 $6,200,525 $-1,142,221
2024 $432,923 $1,096,204 $7,339,422 $-663,281
2023 $402,629 $519,097 $8,003,246 $-116,468
2022 $8,107,929 $8,754 $8,144,504 $8,099,175
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