RAILS TO TRAILS CONSERVANCY

EIN: 521437006 501(c)(3) Environment

WASHINGTON, DC

Total Revenue
$13,289,625
Total Expenses
$14,131,877
Total Assets
$23,044,292
Net Assets
$16,837,149
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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
1985
Legal Domicile
DC
Principal Officer
RYAN CHAO
Phone
2023319696
Tax Period
2024-10-01 to 2025-09-30

RAILS TO TRAILS CONSERVANCY, founded in 1985, is a mid-sized nonprofit in the Environment sector that reported $13.3M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

SEE PART III, LINE 1.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,628,177
Program Service Revenue $935,132
Investment Income $673,110
Other Revenue $53,206
TOTAL REVENUE $13,289,625

Expense Breakdown

Grants Paid $737,390
Salaries & Benefits $7,054,472
Fundraising Expenses $2,339,251
Program Expenses $10,582,356
Other Expenses $6,215,875
TOTAL EXPENSES $14,131,877

Year-over-Year Comparison

2024 2023 Change
Revenue $13,289,625 $14,740,431 -0.1%
Expenses $14,131,877 $13,989,120 +0.0%
Net Income $-842,252 $751,311 -2.1%
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
18
Independent Members
18
Employees
58
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
6
$618,915
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD CHANG CHAIR 5.00
Officer Director
$0 $0 $0
NOEL KEGEL VICE CHAIR 5.00
Officer Director
$0 $0 $0
AYESHA MCGOWAN SECRETARY 5.00
Officer Director
$0 $0 $0
DOUGLAS MONIESON TREASURER 5.00
Officer Director
$0 $0 $0
AJOA ABROKWA BOARD MEMBER (FROM 2/2025) 5.00
Director
$0 $0 $0
BALAJI BONDILI BOARD MEMBER 5.00
Director
$0 $0 $0
JAMES BRAINARD BOARD MEMBER 5.00
Director
$0 $0 $0
JON COFSKY BOARD MEMBER 5.00
Director
$0 $0 $0
MARK FILIPPELL BOARD MEMBER 5.00
Director
$0 $0 $0
JOHN FRIEDMANN BOARD MEMBER (UNTIL 2/2025) 5.00
Director
$0 $0 $0
VANESSA GARRISON BOARD MEMBER (UNTIL 2/2025) 5.00
Director
$0 $0 $0
CATHERINE SLOSS JONES BOARD MEMBER 5.00
Director
$0 $0 $0
M KATHERINE KRAFT BOARD MEMBER 5.00
Director
$0 $0 $0
GAIL LIPSTEIN BOARD MEMBER (UNTIL 2/2025) 5.00
Director
$0 $0 $0
ELIZABETH LYNN BOARD MEMBER 5.00
Director
$0 $0 $0
ANDREW MCCORMICK BOARD MEMBER (FROM 2/2025) 5.00
Director
$0 $0 $0
TIM PETRI BOARD MEMBER 5.00
Director
$0 $0 $0
MARVIN PLAKUT BOARD MEMBER 5.00
Director
$0 $0 $0
JULIETTE RIZZO BOARD MEMBER 5.00
Director
$0 $0 $0
DANIEL RODRIGUEZ BOARD MEMBER 5.00
Director
$0 $0 $0
JAMES SALLIS BOARD MEMBER 5.00
Director
$0 $0 $0
RYAN CHAO PRESIDENT 40.00
Officer
$318,418 $46,613 $365,031
CYNTHIA DICKERSON CHIEF OPERATING OFFICER 40.00
Officer
$211,807 $42,077 $253,884
KEVIN MILLS VP OF POLICY 40.00
Highest
$188,141 $40,682 $228,823
BRANDI HORTON VP OF COMMUNICATIONS 40.00
Highest
$179,969 $40,458 $220,427
FREDERICK SCHAEDTLER CTO 40.00
Highest
$185,132 $32,505 $217,637
ALISA BORLAND VP OF DEVELOPMENT 40.00
Highest
$175,164 $39,896 $215,060
ELIZABETH THORSTENSEN VP OF TRAIL DEVELOPMENT 40.00
Highest
$175,519 $34,162 $209,681
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 $13,289,625 $14,131,877 $23,044,292 $-842,252
2024 $14,740,431 $13,989,120 $22,824,509 $751,311
2023 $11,711,163 $12,950,447 $20,326,477 $-1,239,284
2022 $14,519,472 $12,120,757 $16,243,959 $2,398,715
2021 $14,609,450 $11,018,150 $15,330,123 $3,591,300
2020 $10,479,494 $10,904,803 $12,735,787 $-425,309
2019 $10,247,858 $10,461,891 $11,096,956 $-214,033
2018 $12,845,350 $10,439,087 $11,416,034 $2,406,263
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