SOUTHERN MICHIGAN RAILROAD SOCIETY INC

EIN: 382445950 501(c)(3) Arts, Culture & Humanities

Clinton, MI

Total Revenue
$183,121
Total Expenses
$148,768
Total Assets
$587,968
Net Assets
$574,360
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MI
Phone
5174567677
Tax Period
2024-01-01 to 2024-12-31

SOUTHERN MICHIGAN RAILROAD SOCIETY INC, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $183K in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 19% operating margin.

Mission

To operate and maintain a historical railroad and to promote the awareness of railroad history and technology through preservation, operation, restoration, and display of antique, historic, and/or technically significant types of railroad equipment.

Program Service Accomplishments

Program 1
Expenses: $11,568 Revenue: $98,515

Provide historical railroad experience riding on vintage passenger equipment between Clinton & Tecumseh, MI. In 2024 after repairs made by volunteers to the rail line between Clinton and Tecumseh, we...

Read more

Provide historical railroad experience riding on vintage passenger equipment between Clinton & Tecumseh, MI. In 2024 after repairs made by volunteers to the rail line between Clinton and Tecumseh, we had 4,387 passengers (an increase of almost 20%).We moved our free event, "Trains, Trucks and More" to September, adding more educational activities to our mix.

Program 2
Expenses: $55,541 Revenue: $20,000

Operation & maintenance of museum facility and equipment repair facilities. We received a donation of a vintage N&W Caboose which was developed as a static display by the loading yard in Clinton with...

Read more

Operation & maintenance of museum facility and equipment repair facilities. We received a donation of a vintage N&W Caboose which was developed as a static display by the loading yard in Clinton with access and explanations to the public. There was also a lot of cleaning up of the railroad right-of-way in the area, as well as in North Yard (in Tecumseh, MI). Repairs made to existing locomotives as well to maintain operational capacity. 5 pieces of Rolling stock that was stranded at the south end of the line was moved north (Emerald Vale was moved with a $10K grant from Emery Trust).

Program 3
Expenses: $44,326 Revenue: $52,222

Maintenance and restoration of historic railroad line (dating from 1838). Work was done again this year by 20+ volunteers along 7 miles of historic railroad, maintaining the right of way up to local...

Read more

Maintenance and restoration of historic railroad line (dating from 1838). Work was done again this year by 20+ volunteers along 7 miles of historic railroad, maintaining the right of way up to local standards, keeping the rail line operable in accordance with FRA annual inspections. Complete replacement of the Bidwell crossing, as well as new crossings that was put in place at the request of a housing development.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,887
Program Service Revenue $150,737
Investment Income $1,399
Other Revenue $1,098
TOTAL REVENUE $183,121

Expense Breakdown

Grants Paid $500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $148,768
Other Expenses $148,268
TOTAL EXPENSES $148,768

Year-over-Year Comparison

2024 2023 Change
Revenue $183,121 $79,100 +1.3%
Expenses $148,768 $99,836 +0.5%
Net Income $34,353 $-20,736 -2.7%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
25

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Beekel President 4
Director
$0 $0 $0
Anthony Finkbeiner Vice President 4
Director
$0 $0 $0
Bryan Monaco Secretary 2
Director
$0 $0 $0
Theodore Delphia Treasurer 3
Director
$0 $0 $0
Steven Polchinski Director 2
Director
$0 $0 $0
Dennis Ludwig Director 2
Director
$0 $0 $0
Larry Wartenburg Director 2
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 $183,121 $148,768 $587,968 $34,353
2023 $79,100 $99,836 $553,615 $-20,736
2022 $145,674 $78,804 $577,837 $66,870
2021 $240,334 $96,209 $516,988 $144,125
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTHERN MICHIGAN RAILROAD SOCIETY INC with other nonprofits in Michigan and across the country.