BLUEGRASS RAILROAD MUSEUM INC

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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

Principal Officer

JOHN PENFIELD

Phone

8598732476

Tax Period

2024-01-01 to 2024-12-31

BLUEGRASS RAILROAD MUSEUM INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $332K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 17% operating margin.

Mission

TO PROVIDE TRAIN RIDES TO THE PUBLIC ON WEEKENDS

Program Service Accomplishments

Program 1

Expenses: $202,102

THE BLUEGRASS RAILROAD MUSEUM IS DEDICATED TO PRESERVE AND PRESENT AN INTERACTIVE EXPERIENCE OF HISTORIC RAILROADING IN KENTUCKY. WE MAINTAIN A MUSEUMOF HISTORIC RAILROAD ARTIFACTS AND OPERATE AN...

THE BLUEGRASS RAILROAD MUSEUM IS DEDICATED TO PRESERVE AND PRESENT AN INTERACTIVE EXPERIENCE OF HISTORIC RAILROADING IN KENTUCKY. WE MAINTAIN A MUSEUMOF HISTORIC RAILROAD ARTIFACTS AND OPERATE AN ANTIQUE TOUR TRAIN.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,409

Program Service Revenue $324,531

Investment Income $0

Other Revenue $0

TOTAL REVENUE $331,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,102

Other Expenses $274,303

TOTAL EXPENSES $274,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$331,940	$269,511	+0.2%
Expenses	$274,303	$310,530	-0.1%
Net Income	$57,637	$-41,019	-2.4%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOHN PENFIELD	President	Director	$0	$0	$0
MICHAEL WALKER	Vice President	Director	$0	$0	$0
JANET PENFIELD	Secretary	Director	$0	$0	$0
CHRIS FREDERICK	Director	Director	$0	$0	$0
JAMES ROBERTS	Director	Director	$0	$0	$0
BEN TATE	Director	Director	$0	$0	$0
GLENN WALKER	Treasurer	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	$331,940	$274,303	$648,689	$57,637
2023	$269,511	$310,530	$593,334	$-41,019
2022	$328,790	$270,838	$644,746	$57,952
2021	$292,120	$368,657	$586,933	$-76,537
2020	$133,831	$141,000	$678,575	$-7,169