Railway Tie Association
- Assets
- $1.0m
- Revenue
- $920.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Fayetteville, GA
- Founding
- 03/1938
- Data as of
- 12/2021
- EIN
- 31-4440065
Organization Overview
Railway Tie Association is located in Fayetteville, GA. The organization was established in 1938. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Railway Tie Association employed 4 individuals. This organization is the central organization for a national or regional group of organizations. Railway Tie Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Railway Tie Association generated $920.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $988.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION TO PROMOTE THE VALUE AND ENVIRONMENTALLY SOUND USE OF WOOD CROSSTIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOOD CROSSTIES ENGINEERING AND ADVERTISING PROJECT TO PROMOTE WOOD CROSSTIES
SCHOLARSHIPS - FORESTRY
PUBLICATION OF VARIOUS MATERIALS CONCERNING THE PRODUCTION, UTILITZATION, RESEARCH AND SPECIFICATIONS REGARDING WOOD RAILWAY CROSSTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Gauntt Former Executive Director | 40 | $96,000 | |
Ashley Goodin Former Executive Director | 40 | $73,904 | |
Nathan Irby Executive Director | Trustee | 40 | $26,668 |
Richard Gibson President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $400,241 |
| Investment income | $60,515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $920,896 |
| 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. | $26,668 |
| Compensation of current officers, directors, key employees. | $26,668 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,745 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,206 |
| Payroll taxes | $22,571 |
| Fees for services: Management | $96,000 |
| Fees for services: Legal | $63,179 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,484 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,472 |
| Office expenses | $4,447 |
| Information technology | $23,114 |
| Royalties | $0 |
| Occupancy | $15,936 |
| Travel | $19,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $240,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,803 |
| Insurance | $2,950 |
| All other expenses | $148,411 |
| Total functional expenses | $988,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,567 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $24,051 |
| Investments—publicly traded securities | $918,637 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,038,255 |
| Accounts payable and accrued expenses | $0 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $149,900 |
| Net assets without donor restrictions | $888,355 |
| Net assets with donor restrictions | $0 |
| 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 | $1,038,255 |
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|---|---|---|
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Henry Morrison Flagler Museum Palm Beach, FL | $63,121,691 | $4,765,672 |
Historical Association Of Southern Florida Inc Miami, FL | $4,170,200 | $3,833,962 |
Florida Holocaust Museum Inc St Petersburg, FL | $6,471,703 | $3,220,795 |
St Augustine Lighthouse & Maritime Museum Inc Saint Augustine, FL | $6,521,175 | $4,691,684 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |
Charleston Museum Charleston, SC | $22,919,139 | $2,871,325 |
Museum Of The New South Inc Charlotte, NC | $19,470,866 | $6,687,366 |