The Society for the Preservation of Carter Railroad Resources

EIN: 942638194 501(c)(3) Arts, Culture & Humanities

Newark, CA

Total Revenue
$169,997
Total Expenses
$160,589
Total Assets
$962,249
Net Assets
$962,249
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CA
Principal Officer
Jacque Burgess
Phone
5105088826
Tax Period
2025-01-01 to 2025-12-31

The Society for the Preservation of Carter Railroad Resources, founded in 1978, is a small nonprofit in the Arts, Culture & Humanities sector that reported $170K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $161K left a modest 6% surplus.

Mission

Locate, preserve, restore and interpret the products of the first industry of the City of Newark, Carter Brothers, for the historical and educational benefit of the general public. To support a program of research and restoration of Carter Brothers' railroad artifacts to be viewed by the public as they were actually used.

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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 $169,826
Program Service Revenue $0
Investment Income $171
Other Revenue $0
TOTAL REVENUE $169,997

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,723
Fundraising Expenses $0
Program Expenses $160,589
Other Expenses $103,866
TOTAL EXPENSES $160,589

Year-over-Year Comparison

2025 2024 Change
Revenue $169,997 $252,768 -0.3%
Expenses $160,589 $153,007 +0.0%
Net Income $9,408 $99,761 -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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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
13
Volunteers
36

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nick Loey President 2.00
Officer Director
$0 $0 $0
John Goldie Secretary 2.00
Officer Director
$0 $0 $0
Damian Stellabot Director 2.00
Director
$0 $0 $0
Jacque Burgess Treasurer 30.00
Officer Director
$0 $0 $0
Jay Shellen Vice President 2.00
Officer Director
$0 $0 $0
John Stutz Director 2.00
Director
$0 $0 $0
Don Marenzi General Manager 8.00
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 $169,997 $160,589 $962,249 $9,408
2024 $252,768 $153,007 $952,841 $99,761
2023 $132,784 $142,942 $854,430 $-10,158
2022 $101,545 $101,969 $864,588 $-424
2021 $70,392 $64,670 $865,147 $5,722
2020 $49,192 $73,062 $857,941 $-23,870
2019 $124,801 $113,740 $891,043 $11,061
2018 $121,185 $83,311 $874,397 $37,874
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