Armstrong Trails Inc
- Assets
- $3.9m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Kittanning, PA
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 25-1670483
Organization Overview
Armstrong Trails Inc is located in Kittanning, PA. The organization was established in 1992. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armstrong Trails 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, Armstrong Trails Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $282.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TRUST WILL PROTECT, MAINTAIN AND CONVERT RAILROAD CORRIDORS INTO TRAILS FOR PUBLIC USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST WILL PROTECT, MAINTAIN AND CONVERT RAILROAD CORRIDORS INTO TRAILS
THE TRUST WILL PROTECT, MAINTAIN AND CONVERT RAILROAD CORRIDORS INTO TRAILS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Beale Director | Trustee | 2 | $0 |
Lee Calarie Director | Trustee | 2 | $0 |
Anne Daymut Director | Trustee | 2 | $0 |
Mindy Knappenberger Secretary | OfficerTrustee | 2 | $0 |
Dan Kostella Vice Preside | OfficerTrustee | 2 | $0 |
Brett Mcclinton Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $780,583 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $780,583 |
| Total Program Service Revenue | $54,507 |
| Investment income | $11,328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $107,312 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,476 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,009,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,177 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,802 |
| Payroll taxes | $6,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,776 |
| Fees for services: Accounting | $12,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,245 |
| Fees for services: Investment Management | $488 |
| Fees for services: Other | $86,767 |
| Advertising and promotion | $462 |
| Office expenses | $2,883 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,046 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $675 |
| Interest | $232 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,538 |
| Insurance | $8,821 |
| All other expenses | $26,290 |
| Total functional expenses | $282,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,216,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,009,610 |
| Investments—publicly traded securities | $627,698 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,854,092 |
| Accounts payable and accrued expenses | $917 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,846 |
| Total liabilities | $19,763 |
| Net assets without donor restrictions | $3,815,483 |
| Net assets with donor restrictions | $18,846 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,854,092 |