LAKES REGION MODEL RAILROAD MUSEUM INC (EIN 814713449) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

JOHN SIMMS

Phone

6035699474

Tax Period

2024-01-01 to 2024-12-31

LAKES REGION MODEL RAILROAD MUSEUM INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $149K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $138K, a strong 92% operating margin.

Mission

TO PROVIDE A MUSEUM DEPICTING THE IMPORTANCE OF THE RAILROAD INDUSTRY TO THE ECONOMIC DEVELOPMENT OF THE LAKES REGION OF NEW HAMPHIRE. THE MUSEUM WILL DISPLAY A MODEL RAILROAD AND ITS ROUTES WITHIN CAROLL COUNTY, NEW HAMPSHIRE.

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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 $149,414

Program Service Revenue $0

Investment Income $17

Other Revenue $0

TOTAL REVENUE $149,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,569

Program Expenses $852

Other Expenses $9,132

TOTAL EXPENSES $11,701

Year-over-Year Comparison

	2024	2023	Change
Revenue	$149,431	$132,630	+0.1%
Expenses	$11,701	$29,035	-0.6%
Net Income	$137,730	$103,595	+0.3%

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

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD CHIASSON	DIRECTOR	N/A	Director	$0	$0	$0
KEN GERBER	DIRECTOR	N/A	Director	$0	$0	$0
KAREN KEYES	DIRECTOR	N/A	Director	$0	$0	$0
PAUL MCBRIDE	DIRECTOR	N/A	Officer Director	$0	$0	$0
JOSEPH L SANTORO	TREASURER	N/A	Officer Director	$0	$0	$0
JOHN SIMMS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARC WHITEHEAD	DIRECTOR	N/A	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	$149,431	$11,701	$611,527	$137,730
2023	$132,630	$29,035	$473,797	$103,595
2022	$30,514	$3,801	$370,202	$26,713
2021	$60,758	$2,917	$343,489	$57,841
2020	$145,170	$3,318	$285,648	$141,852
2019	$101,950	$1,888	$143,796	$100,062
2018	$19,965	$2,208	$43,734	$17,757

LAKES REGION MODEL RAILROAD MUSEUM INC