Eastern Shore Rail Trail Foundation

EIN: 874720256 501(c)(3) Recreation & Sports

Atlantic, VA

Total Revenue
$30,159
Total Expenses
$97,137
Total Assets
$49,659
Net Assets
$43,659
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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
Ronald S Wolff
Phone
7578941209
Tax Period
2024-10-01 to 2025-09-30

Eastern Shore Rail Trail Foundation, founded in 2021, is a micro nonprofit in the Recreation & Sports sector that reported $30K in total revenue in fiscal year 2024. Expenses of $97K exceeded revenue, resulting in a 222% operating deficit.

Mission

Eastern Shore Rail Trail Foundation (ESRTF) is engaged in the development, improvement, financing, use, operation, promotion, marketing, maintenance, and good repair of the Eastern Shore Rail Trail running from Hallwood to Cape Charles Virginia.

Program Service Accomplishments

Program 1
Expenses: $97,137 Revenue: $30,159

ESTRF program service accomplishments for the year included groundbreaking in Cape Charles, VA, the site of of the first segment of trail construction in May, with projected completion Fall 2026. The...

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ESTRF program service accomplishments for the year included groundbreaking in Cape Charles, VA, the site of of the first segment of trail construction in May, with projected completion Fall 2026. The trailhead is completed and construction has progressed from Cape Charles, across Route 13, and into the town of Cheriton. The railbed has been filled and is smooth and ready for asphalt surfacing when weather permits. The second section of the trail, Cheriton to Birdsnest has been funded, engineering work completed and will go out for bid in the Spring of 2026. The third trail section, is 18 miles, running from Birdsnest to Melfa, VA, is awaiting approval by the Federal Highway Administration. The last funded segment, running from Melfa to Onley, VA is in the engineering phase. The ESTRF accomplishments account for 2/3 of the proposed 50 mile trail.

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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 $30,159
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $30,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,000
Fundraising Expenses $0
Program Expenses $97,137
Other Expenses $25,137
TOTAL EXPENSES $97,137

Year-over-Year Comparison

2024 2023 Change
Revenue $30,159 $30,159 N/A
Expenses $97,137 $72,000 +0.3%
Net Income $-66,978 $-41,841 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
20

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
$72,000
Total Directors
9
$0
Key Employees
1
$72,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald S Wolff Executor Director 40.00
Officer Key Emp Highest
$72,000 $0 $72,000
Steve Sturgis Director 0.00
Director
$0 $0 $0
Jim McGowan Director 0.00
Director
$0 $0 $0
Jackie Phillips Director 0.00
Director
$0 $0 $0
Ernest Smith Director 0.00
Director
$0 $0 $0
C R Major Director 0.00
Director
$0 $0 $0
Ed Tankard Director 0.00
Director
$0 $0 $0
George Mapp DirectorChairman 0.00
Officer Director
$0 $0 $0
John Coker DirectorSecretaryTreasurer 0.00
Officer Director
$0 $0 $0
Janice Williams Assistant Secretary 0.00
Officer 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 $30,159 $97,137 $49,659 $-66,978
2024 $102,141 $93,265 $116,785 $8,876
2023 $2,253 $11,683 $106,761 $-9,430
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