Platte River Trails Trust

EIN: 742302478 501(c)(3) Philanthropy & Grantmaking

Casper, WY

Total Revenue
$527,472
Total Expenses
$577,154
Total Assets
$6,952,722
Net Assets
$6,952,549
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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
1982
Legal Domicile
WY
Principal Officer
Chris M Smith
Phone
3075771206
Tax Period
2023-01-01 to 2023-12-31

Platte River Trails Trust, founded in 1982, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $527K in total revenue in fiscal year 2023. Revenue surged 223% from the prior year, signaling strong growth momentum. Net assets of $7.0M represent 158 months of operating reserves.

Mission

The mission of the Platte River Trails Trust is to develop and construct a river corridor that will function as a recreation and transportation trail providing users with the opportunity to enjoy the river environment and facilitate exercise for health and well being. The goal of the Trust is to bring together public and private funding sources to design and develop trail segments along the North Platte River through the Casper community.

Program Service Accomplishments

Program 1
Expenses: $476,945

Building and maintenance of pathways and amenities to provide public access along the North Platte River corridor and throughout the communities included in the Casper, Wyoming metropolitan area and...

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Building and maintenance of pathways and amenities to provide public access along the North Platte River corridor and throughout the communities included in the Casper, Wyoming metropolitan area and to promote recreational and transportation use of the river and pathways.

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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 (2023)

Revenue Breakdown

Contributions & Grants $294,177
Program Service Revenue $0
Investment Income $144,710
Other Revenue $88,585
TOTAL REVENUE $527,472

Expense Breakdown

Grants Paid $145,101
Salaries & Benefits $99,597
Fundraising Expenses $32,648
Program Expenses $476,945
Other Expenses $332,456
TOTAL EXPENSES $577,154

Year-over-Year Comparison

2023 2022 Change
Revenue $527,472 $163,550 +2.2%
Expenses $577,154 $541,570 +0.1%
Net Income $-49,682 $-378,020 -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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
15
Independent Members
15
Employees
4
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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra Swedberg President 2.00
Officer Director
$0 $0 $0
Chris Smith Treasurer 2.00
Officer Director
$0 $0 $0
Nat Steinhoff Vice-President 2.00
Officer Director
$0 $0 $0
Nick McNamee Secretary 2.00
Officer Director
$0 $0 $0
Mandy Cepeda Board Member 1.00
Director
$0 $0 $0
Kathy Blair Board Member 2.00
Director
$0 $0 $0
Jeff Bond Board Member 2.00
Director
$0 $0 $0
Eric Easton Board Member 2.00
Director
$0 $0 $0
Bruce English Board Member 1.00
Director
$0 $0 $0
Bart Rea Board Member 1.00
Director
$0 $0 $0
Charles Powell Board Member 1.00
Director
$0 $0 $0
Joann True Board Member 1.00
Director
$0 $0 $0
Keith Tyler Board Member 1.00
Director
$0 $0 $0
Janet Milek Ex-Officio 1.00
Director
$0 $0 $0
Donna Hoffman Ex-Officio 1.00
Director
$0 $0 $0
Alex Sweda Ex-Officio 1.00
Director
$0 $0 $0
Zulima Lopez Ex-Officio 1.00
Director
$0 $0 $0
Jeff Goetz Ex-Officio 1.00
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
2024 No data No data No data No data
2023 $527,472 $577,154 $6,952,722 $-49,682
2022 $163,550 $541,570 $7,002,468 $-378,020
2021 $856,842 $959,800 $7,380,514 $-102,958
2020 $678,449 $895,171 $7,483,493 $-216,722
2019 $582,645 $693,762 $7,700,339 $-111,117
2018 $735,624 $1,087,658 $7,811,434 $-352,034
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