C & O CANAL TRUST INC

EIN: 300401642 501(c)(3) Environment

Williamsport, MD

Total Revenue
$1,116,593
Total Expenses
$935,291
Total Assets
$1,645,483
Net Assets
$1,346,438
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MD
Principal Officer
Lauren Riviello
Phone
2402022625
Tax Period
2022-10-01 to 2023-09-30

C & O CANAL TRUST INC, founded in 2007, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $181K, a strong 16% operating margin.

Mission

TO WORK IN PARTNERSHIP WITH THE NATIONAL PARK SERVICE TO PROTECT, RESTORE AND PROMOTE THE C&O CANAL NATIONAL HISTORICAL PARK. THE TRUST SEEKS TO ENSURE THAT THE PARK'S NATURAL, HISTORICAL, AND RECREATIONAL POTENTIAL IS FULLY REALIZED.

Program Service Accomplishments

Program 1
Expenses: $626,750 Revenue: $204,734

INTERPRETATION AND EDUCATION:AS THE OFFICIAL NONPROFIT PARTNER OF THE C&O CANAL NATIONAL HISTORICAL PARK, THE C&O CANAL TRUST WORKS CLOSELY WITH THE NATIONAL PARK SERVICE (NPS) TO DEVELOP AND MANAGE...

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INTERPRETATION AND EDUCATION:AS THE OFFICIAL NONPROFIT PARTNER OF THE C&O CANAL NATIONAL HISTORICAL PARK, THE C&O CANAL TRUST WORKS CLOSELY WITH THE NATIONAL PARK SERVICE (NPS) TO DEVELOP AND MANAGE UNIQUE AND INNOVATIVE INTERPRETIVE AND EDUCATION PROGRAMS THAT ENHANCE THE VISITOR EXPERIENCE. 1) THE C&O CANAL TRUST'S NATIONALLY ACCLAIMED AND AWARD-WINNING CANAL QUARTERS PROGRAM CONTINUES TO PROVIDE IMMERSIVE INTERPRETIVE EXPERIENCES FOR OVERNIGHT VISITORS. THE SEVEN RESTORED LOCKHOUSES PROVIDE A UNIQUE EXPERIENCE FROM DIFFERENT PERIODS IN THE C&O CANAL'S HISTORY. THE PROGRAM HOSTED 3,051 VISITORS FOR OVERNIGHT PROGRAMS IN FY23. 2) THE C&O CANAL TRUST PROVIDED CRITICAL FUNDS TO SUPPORT THE PARK'S CANAL CLASSROOMS EDUCATION PROGRAM WHICH DELIVERS CURRICULUM-BASED STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, MATH) INSTRUCTION TO AREA SCHOOL CHILDREN. PROGRAMS ARE TYPICALLY DELIVERED IN AN "OUTDOOR CLASSROOM" SETTING AT THE CANAL. IN FY23, 2,000 STUDENTS VISITED THE PARK THROUGH THE CANAL CLASSROOMS PROGRAM, LEARNING ABOUT TOPICS SUCH AS WEATHERING & EROSION, DENDROLOGY, TRANSPORTATION HISTORY, IMMIGRANT HISTORY, ENVIRONMENTAL EDUCATION, AND PLANT IDENTIFICATION. IN ADDITION TO FUNDING IN-PARK LEARNING PROGRAMS, THE TRUST'S SUPPORT ALSO INCLUDES THE PURCHASE OF INTERPRETIVE SUPPLIES AND RESOURCES THAT ARE INCLUDED IN CANAL EXPLORER BACKPACKS. A TOTAL OF 75 BACKPACKS WERE DISTRIBUTED TO ELEMENTARY SCHOOLS IN MONTGOMERY COUNTY IN FY23. EACH BACKPACK INCLUDES READY-MADE ACTIVITIES AND CURRICULUM THAT CAN BE PUT TO USE IN THE CLASSROOM, SCHOOLYARD, OR IN THE PARK, AND WILL REACH MORE THAN 20,000 CHILDREN ANNUALLY. 3) THE C&O CANAL TRUST'S CANAL EXPLORER IS AN AWARD-WINNING DOWNLOADABLE GEOLOCATION-BASED MOBILE APP, THAT HAS BEEN DOWNLOADED BY MORE THAN 12,000 PARK VISITORS. THE FEATURES MORE THAN 800 POINTS OF INTEREST, INCLUDING INFORMATION ABOUT HISTORIC LANDMARKS, AND ASSISTS USERS WITH CREATING SAVED ITINERARIES.

Program 2
Expenses: $2,680

VOLUNTEER ENGAGEMENT:THE C&O CANAL TRUST ACTIVELY RECRUITS AND OVERSEES SEVERAL VOLUNTEER PROGRAMS TO PROVIDE MEANINGFUL OPPORTUNITIES FOR THE PUBLIC TO CONTRIBUTE TO THE CARE AND SUPPORT OF THE...

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VOLUNTEER ENGAGEMENT:THE C&O CANAL TRUST ACTIVELY RECRUITS AND OVERSEES SEVERAL VOLUNTEER PROGRAMS TO PROVIDE MEANINGFUL OPPORTUNITIES FOR THE PUBLIC TO CONTRIBUTE TO THE CARE AND SUPPORT OF THE PARK.1) THE C&O CANAL TRUST MOBILIZED 520 VOLUNTEERS IN FY23 FOR THE 16TH YEAR OF THE CANAL COMMUNITY DAYS PROGRAM. THESE VOLUNTEERS DONATED OVER $200,000 WORTH OF IN-KIND LABOR TO CONSERVATION, ACCESS, INFRASTRUCTURE IMPROVEMENT, AND HISTORIC PRESERVATION PROJECTS IN THE PARK. 2) THE C&O CANAL TRUST'S VOLUNTEER QUARTERMASTERS PROGRAM CONTINUES TO PROVIDE VOLUNTEER SUPPORT FOR THE UPKEEP AND GENERAL MAINTENANCE AND PRESERVATION OF THE CANAL QUARTERS LOCKHOUSES. THE PROGRAM HAD 33 VOLUNTEER QUARTERMASTERS IN FY23.

Program 3
Expenses: $179,313

COMMUNITY OUTREACH AND ENGAGEMENT:1) THE C&O CANAL TRUST CONNECTS WITH LOCAL COMMUNITIES TO IDENTIFY PRIORITIES AND ENGAGE THEIR SUPPORT IN KEY PARK INITIATIVES. THE CANAL TOWNS PARTNERSHIP PROVIDES...

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COMMUNITY OUTREACH AND ENGAGEMENT:1) THE C&O CANAL TRUST CONNECTS WITH LOCAL COMMUNITIES TO IDENTIFY PRIORITIES AND ENGAGE THEIR SUPPORT IN KEY PARK INITIATIVES. THE CANAL TOWNS PARTNERSHIP PROVIDES REGIONAL ECONOMIC DEVELOPMENT AND COMMUNITY ENHANCEMENT ON BEHALF OF 11 COMMUNITIES ALONG THE CANAL, REAPING THE BENEFITS OF TRAIL-BASED TOURISM AND RECREATION. IN FY23, THE C&O CANAL TRUST CONTINUED TO SERVE AS THE FISCAL AGENT FOR THE PARTNERSHIP AND HELPED TO SUPPORT TOURISM IN NEARBY COMMUNITIES.2) HISTORIC PRESERVATION AND PARK INFRASTRUCTURE(a) THE C&O TRUST RAISED $37,137 IN FY23 TO FUND TECHNICAL ASSISTANCE TO SUPPORT THE PARK'S MULTI-YEAR TOWPATH RESURFACING CAMPAIGN.3) IN FY23, OUR CANAL FOR ALL PROGRAM FOCUSED ON ENGAGING DEMOGRAPHICALLY UNDERREPRESENTED AUDIENCES THROUGH RECREATIONAL, VOLUNTEER, AND EDUCATIONAL OPPORTUNITIES. CANAL FOR ALL AND COMMUNITY OUTREACH INITIATIVES WELCOMED NEARLY 600 DIVERSE YOUTH AND ADULTS TO LOCATIONS THROUGHOUT THE C&O CANAL FOR EXPERIENTIAL LEARNING, FOSTERING A SHARED RESPONSIBILITY FOR PROTECTING, PRESERVING, AND RESTORING THIS NATIONAL TREASURE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $889,544
Program Service Revenue $194,585
Investment Income $0
Other Revenue $32,464
TOTAL REVENUE $1,116,593

Expense Breakdown

Grants Paid $67,500
Salaries & Benefits $598,646
Fundraising Expenses $4,678
Program Expenses $808,743
Other Expenses $269,145
TOTAL EXPENSES $935,291

Year-over-Year Comparison

2022 2021 Change
Revenue $1,116,593 $1,267,668 -0.1%
Expenses $935,291 $947,845 0.0%
Net Income $181,302 $319,823 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
9
Volunteers
701

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
6
$236,569
Total Directors
21
$236,569
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN ZANOTTI PRESIDENT UNTIL APRIL 2023 50.00
Officer Director
$136,155 $0 $136,155
JOHN GUTTMANN Chair 5.00
Officer Director
$0 $0 $0
FRANCIS GRANT-SUTTIE Vice Chairman 5.00
Officer Director
$0 $0 $0
BERT SWAIN TREASURER 5.00
Officer Director
$0 $0 $0
ANTHONY STACY Secretary 5.00
Officer Director
$0 $0 $0
Mary Ann Fisher DIRECTOR 2.00
Director
$0 $0 $0
Ed Ryan Director 2.00
Director
$0 $0 $0
Sherif Ettefa DIRECTOR 2.00
Director
$0 $0 $0
STEVE CHAUDET DIRECTOR 2.00
Director
$0 $0 $0
Cory Van Horn DIRECTOR 2.00
Director
$0 $0 $0
Sandy Iru Grace DIRECTOR 2.00
Director
$0 $0 $0
DANIEL P SPEDDEN DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM B NEWMAN JR DIRECTOR 2.00
Director
$0 $0 $0
PAUL JUOLA DIRECTOR 2.00
Director
$0 $0 $0
PAUL KROGH DIRECTOR 2.00
Director
$0 $0 $0
GAY BARCLAY DIRECTOR 2.00
Director
$0 $0 $0
ROBERT ANTON MERTZ DIRECTOR 2.00
Director
$0 $0 $0
PAUL BREMER DIRECTOR 2.00
Director
$0 $0 $0
JONATHAN MOORE WARNER DIRECTOR 2.00
Director
$0 $0 $0
MARC GROSSMAN DIRECTOR 2.00
Director
$0 $0 $0
LAUREN RIVIELLO PRESIDENT FROM APRIL 2023 50.00
Officer Director
$100,414 $0 $100,414
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 $1,116,593 $935,291 $1,645,483 $181,302
2022 $1,267,668 $947,845 $1,512,349 $319,823
2021 $1,201,930 $995,978 $1,252,991 $205,952
2020 $919,035 $781,400 $1,051,949 $137,635
2019 $882,921 $809,919 $635,147 $73,002
2018 $838,454 $702,946 $524,861 $135,508
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