COALS

EIN: 921923721 501(c)(3) Education

Coshocton, OH

Total Revenue
$17,273
Total Expenses
$12,917
Total Assets
$4,356
Net Assets
$4,356
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
OH
Principal Officer
James D Henry
Phone
6149405545
Tax Period
2023-01-01 to 2023-12-31

COALS, founded in 2023, is a micro nonprofit in the Education sector that reported $17K in total revenue in fiscal year 2023. The organization ran a surplus of $4K, a strong 25% operating margin.

Mission

To promote railroading by educating those interested in the many aspects of railroading while providing a place for individuals and groups to meet to achieve those interests.

Program Service Accomplishments

Program 1
Expenses: $4,676 Revenue: $16,475

Buckeye Limited Convention - triannual event: This event was held in 2023 and is scheduled to occur every three years. The event brings together fellow railroaders and the public to learn about...

Read more

Buckeye Limited Convention - triannual event: This event was held in 2023 and is scheduled to occur every three years. The event brings together fellow railroaders and the public to learn about different aspects of railroading through participation in seminars that are hosted by railroad experts in their field of expertise. Vendors also participate in this event, allowing others to see the latest in equipment and products. This event also allows others to pass along new ideas, techniques and concerns related to railroading. We provided the public the opportunity to see rail equipment at work and to ride if they choose to. In 2023 we had over 350 participants from 17 plus states and three countries over the 5-day event, which was managed by over two dozen volunteers. The seminars were later placed online, at no cost, for public consumption. Our goal for the convention and all future conventions is to continue to educate those new and old who are interested in railroading.

Program 2
Expenses: $266 Revenue: $0

COALS holds nearly a dozen operating meets and activities each year bringing the public and those interested in railroading to our facility for gathering, communing and learning. Our operating...

Read more

COALS holds nearly a dozen operating meets and activities each year bringing the public and those interested in railroading to our facility for gathering, communing and learning. Our operating activities normally run from April through November and are mostly held during extended weekend periods but can be made available during the week when adequate volunteer assistance is available. These individual events, usually attended by as little as 15 to as many as 200 people, are used to teach individuals different railroad operating techniques while also providing the opportunity to ride on a train. Some of the learning activities include the use of block signaling systems as well as dispatch operation and card order sessions. Not only does this provide for others to learn different railroad dispatching techniques but it also provides a historical perspective of railroading. Other activities include group outings for youth like Boy Scouts and Trail Life. In 2023, COALS hosted their first Trail Life weekend, where nearly 50 youth and their parents participated in an overnight stay where we worked with the youth to learn about railroads, their hazards and operations, and in 2024 we will host a railroad merit badge event for the Boy Scouts of America where we anticipate over 180 youth will be in attendance. We have in the past and will continue to host the public for the Coshocton County Fall Farm tour. The last time we participated was in

Program 3
Expenses: $0 Revenue: $0

COALS also holds around ten working and learning sessions each year to teach other how to construct and maintain a railroad while at the same time helping to maintain and improve our facilities. Each...

Read more

COALS also holds around ten working and learning sessions each year to teach other how to construct and maintain a railroad while at the same time helping to maintain and improve our facilities. Each session occurs over a two-day period, and it allows those who are learning construction techniques to learn from those more experienced. Over the past year COALS' volunteers have helped train others in the construction of a new building, nearly a mile of new railroad right-of-way, leveling and grading, as well as the design and construction of a new bridge and tunnel. Individuals have also been able to learn how to use different types of constuction equipment like dozer, backhoes and tractors. These sessions usually have an attendance of anywhere from five to twenty individuals depending on the weather and the time of year. Sessions also allow an individual to better understand the techniques needed to meet the "Track Standards" that we have posted on our website and that we find so commonly accessed by the public for their own use. The expenses for these activities were not broke down in 2023 and are shown as part of Part IX Column C - Management and General Expenses.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $798
Program Service Revenue $16,475
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,942
Other Expenses $12,917
TOTAL EXPENSES $12,917

Year-over-Year Comparison

2023 2022 Change
Revenue $17,273 $17,273 N/A
Expenses $12,917 $12,918 0.0%
Net Income $4,356 $4,355 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
52

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Henry President 35
Officer Director
$0 $0 $0
Richard McCloy Vice President 40
Officer Director
$0 $0 $0
R Noelle Rogovin Director 4
Director
$0 $0 $0
Mark Betlem Director 5
Director
$0 $0 $0
Robert VanderKarr Director 31
Director
$0 $0 $0
Robert Broehl Treasurer 6
Officer
$0 $0 $0
Kelley Henry Secratary 20
Officer
$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 $17,273 $12,917 $4,356 $4,356
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COALS with other nonprofits in Ohio and across the country.