PIKES PEAK HISTORICAL STREET RAILWAY FOUNDATION

EIN: 742271891 501(c)(3) Arts, Culture & Humanities

COLORADO SPRINGS, CO

Total Revenue
$53,169
Total Expenses
$27,953
Total Assets
$4,787,281
Net Assets
$4,787,206
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CO
Principal Officer
MITCHELL DOWNS
Phone
7194759508
Tax Period
2025-01-01 to 2025-12-31

PIKES PEAK HISTORICAL STREET RAILWAY FOUNDATION, founded in 1983, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $53K in total revenue in fiscal year 2025. The organization ran a surplus of $25K, a strong 47% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO CONSTRUCT AND OPERATE AUTHENTIC AND HISTORICALLY CORRECT STREET RAIL LINE IN COLORADO SPRINGS AND MANITOU SPRINGS COLORADO WHICH WILL EXIST FOR THE ENJOYMENT AND EDUCATION OF IT'S CITIZENS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $34,094
Program Service Revenue $14,123
Investment Income $4,952
Other Revenue $0
TOTAL REVENUE $53,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,919
Other Expenses $27,953
TOTAL EXPENSES $27,953

Year-over-Year Comparison

2025 2024 Change
Revenue $53,169 $50,979 +0.0%
Expenses $27,953 $40,467 -0.3%
Net Income $25,216 $10,512 +1.4%
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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Governance

Voting Members
9
Independent Members
9
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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HLIPPINCOTT ASSISTANT TREASURER - PRESIDENT EMERITUS 15.00
Officer Director
$0 $0 $0
RICK GORDON DIRECTOR - AT LARGE 5.00
Officer Director
$0 $0 $0
MILES TIHANSKY DIRECTOR - AT LARGE 1.00
Director
$0 $0 $0
JOHN HANEY SECTRETARY - HISTORIAN 5.00
Officer Director
$0 $0 $0
DAVID COOK DIRECTOR - LEGAL COUNSEL 1.00
Director
$0 $0 $0
MITCHELL DOWNS TREASURER 1.00
Director
$0 $0 $0
JOHN KENNEY PRESIDENT 15.00
Director
$0 $0 $0
RON OATNEY DIRECTOR - OPERATIONS 1.00
Director
$0 $0 $0
MIKE WALKER DIRECTOR - AT LARGE 5.00
Director
$0 $0 $0
JOHN FLORIA VICE PRESIDENT - RESTORATION 5.00
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 $53,169 $27,953 $4,787,281 $25,216
2024 $50,979 $40,467 $4,723,789 $10,512
2023 $48,557 $28,387 $4,698,388 $20,170
2022 $55,903 $23,632 $4,666,503 $32,271
2021 $318,609 $37,285 $4,640,672 $281,324
2020 $112,657 $26,427 $4,374,515 $86,230
2019 $24,329 $33,753 $4,272,625 $-9,424
2018 $21,472 $23,839 $4,289,015 $-2,367
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