ABILENE AND SMOKY VALLEY RAILROAD ASSOCIATION

EIN: 481136101 501(c)(3) Arts, Culture & Humanities

ABILENE, KS

Total Revenue
$700,796
Total Expenses
$697,193
Total Assets
$511,151
Net Assets
$340,301
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Financial Trends

Organization Details

Formation Year
1993
Principal Officer
ROSS BOELLING
Phone
7852631077
Tax Period
2024-01-01 to 2024-12-31

ABILENE AND SMOKY VALLEY RAILROAD ASSOCIATION, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $701K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

PROMOTE AND PRESERVE THE RAILROAD HISTORY OF THE AREA THROUGH TOURIST TRAIN RIDES AND MEMBERSHIP DUES AND DONATIONS.

Program Service Accomplishments

Program 1
Expenses: $639,941 Revenue: $602,127

PROMOTE AND PRESERVE THE RAILROAD HISTORY OF THE AREA THROUGH TOURIST TRAIN RIDES AND MEMBERSHIP DUES AND DONATIONS. IN 2024 WE HOSTED 21,353 RIDERS FROM 58% OF KANSAS' COMMUNITIES, 45 STATES AND...

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PROMOTE AND PRESERVE THE RAILROAD HISTORY OF THE AREA THROUGH TOURIST TRAIN RIDES AND MEMBERSHIP DUES AND DONATIONS. IN 2024 WE HOSTED 21,353 RIDERS FROM 58% OF KANSAS' COMMUNITIES, 45 STATES AND OVER 10 FOREIGN COUNTRIES. OUR MARKET AREA INCLUDES DENVER TO OMAHA TO ST. LOUS TO OKLAHOMA CITY. WE OPERATED OVER 220 TRAINS IN 2024 FROM OUR HISTORIC 1887 ROCK ISLAND DEPOT IN ABILENE. WE CONTINUED AN AGGRESSIVE MARKETING AND BRANDING EFFORT THROUGH A NUMBER OF SOCIAL MEDIA, PUBLICATION, AND RADIO PLATFORMS. WE CONTINUED OUR RELATIONSHIP WITH HERITAGE RAIL MANAGEMENT, DURANGO, CO. WE EXPENDED OUR SEASONAL EVENT TRAIN, "PEANUTS PUMPKIN PATCH EXPRESS- AND "COWTOWN SANTA EXPRESS" TRAINS WITH POSITIVE RESULTS. WE ALSO EXPANDED OUR DINNER TRAIN OPERATIONS WITH AN ADDITIONAL DINING CAR THAT RAISED OUR CAPTACITY TO 160 RIDERS PER TRAIN. WE BEGAN DEVELOPING AN ENHANCED EDUCTIONAL PROGRAM PLAN TO TIE RAILROADS, OUR OPERATING REPLICA HOFFMAN GRIST MILL AND GENERAL STORE, AND THE CROP SCENERY ALONG OUR RIGHT OF WAY, INTO AN EXCLUSIVE OPPOERTUNITY FOR RIDERS TO EXPERIENCE THE ENTIRE FARM TO TABLE AGRICULTURAL PROCESS DURING A SINGLE TRIP ON OUR RAILROAD. DURING 2024, WE WERE NAMED THE OFFICIAL KANSAS HERITAGE RAILROAD BY THE KANSAS LEGISLATURE THROUGH K.S.A. 73-4401. OUR ICONIC 1919 STEAM LOCOMOTIVE ATSF3415 WAS LIKEWISE NAMED THE OFFICIAL KANSAS STEAM LOCOMOTIVE THROUGH K.S.A. 73-4301. WE ALSO RECEIVED K-STATE'S HUCK BOYD NATIONAL INSTITUTE FOR RURAL DEVELOPMENT AS THE 2024 HUCK BOYD LEADERS OF THE YEAR FOR TOURISM. WE HAVE A DEDICATED WORKING BOARD THAT MEETS MONTHLY TO OVERSEE THE OPERATIONS OF THE ORGANIZATION AND ASSIST OUR GENERAL MANAGER WITH A VARIETY OF NECESSARY TASKS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,252
Program Service Revenue $602,127
Investment Income $61
Other Revenue $44,356
TOTAL REVENUE $700,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,232
Fundraising Expenses $1,629
Program Expenses $639,941
Other Expenses $623,961
TOTAL EXPENSES $697,193

Year-over-Year Comparison

2024 2023 Change
Revenue $700,796 $534,410 +0.3%
Expenses $697,193 $509,074 +0.4%
Net Income $3,603 $25,336 -0.9%
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
6
Independent Members
5
Employees
23
Volunteers
60

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
$20,000
Total Directors
6
$20,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS BOELLING PRESIDENT 63.00
Officer Director
$20,000 $0 $20,000
KEVIN BAILEY MEMBER 7.00
Director
$0 $0 $0
RANDY REYNOLDS MEMBER 10.00
Director
$0 $0 $0
STEVE SCHWARTING VICE PRESIDE 25.00
Officer Director
$0 $0 $0
STEVE SMETHERS SECRETARY 58.00
Officer Director
$0 $0 $0
JIM WATERS TREASURER 7.00
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
2025 No data No data No data No data
2024 $700,796 $697,193 $511,151 $3,603
2023 $534,410 $509,074 $413,605 $25,336
2022 $528,986 $333,389 $419,022 $195,597
2021 $225,137 $189,524 $165,604 $35,613
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