Little River Railroad Inc
- Assets
- $219.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, IN
- Founding
- 07/1974
- Data as of
- 12/2022
- EIN
- 23-7379770
Organization Overview
Little River Railroad Inc is located in Fremont, IN. The organization was established in 1974. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little River Railroad Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Little River Railroad Inc generated $99.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $86.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 THE ORGANIZATION CONTINUED ON ITS MISSION OF RESTORING AND MAINTAINING HISTORIC RAILROAD EQUIPMENT. WE HAD 5057 VISITORS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Bloom Customer Service Agent | 10 | $0 | |
Terry Bloom President | 10 | $0 | |
Travis Bloom Executive Vice President | 10 | $0 | |
Trevor Bloom Vice President Of Operations | 10 | $0 | |
Heather Kaiser Secretary/treasurer | 10 | $0 | |
David Newton Shop Superintendant | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $99,327 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $34,991 |
| Printing, publications, postage, and shipping | $1,440 |
| Other expenses | $49,540 |
| Total expenses | $85,971 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,557 |
| Other assets | $0 |
| Total assets | $218,978 |
| Total liabilities | $35,630 |
| Net assets or fund balances | $183,348 |