Abilene Smokey Valley Rr Association
- Assets
- $165.6k
- Revenue
- $225.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Abilene, KS
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 48-1136101
Organization Overview
Abilene Smokey Valley Rr Association is located in Abilene, KS. The organization was established in 1993. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Abilene Smokey Valley Rr Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abilene Smokey Valley Rr Association 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 12/2021, Abilene Smokey Valley Rr Association generated $225.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $189.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. 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
PROMOTE/PRESERVE RAILROAD HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AND PRESERVE THE RAILROAD HISTORY OF THE AREA THROUGH TOURIST TRAIN RIDES AND MEMBERSHIP DUES AND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jane Oard General Manager | Trustee | 30 | $12,000 |
Kevin Bailey Treasurer | OfficerTrustee | 0 | $0 |
Steve Schwarting President | Officer | 0 | $0 |
Randy Reynolds Vice President | Officer | 0 | $0 |
Ross Boelling Director | Trustee | 0 | $0 |
Craig Rose Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,515 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,561 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,076 |
| Total Program Service Revenue | $134,654 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,407 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,137 |
| 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. | $12,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,336 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,515 |
| Office expenses | $707 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,878 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,132 |
| Insurance | $0 |
| All other expenses | $44,309 |
| Total functional expenses | $189,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,140 |
| Savings and temporary cash investments | $34,520 |
| 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 | $5,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $47,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,604 |
| Accounts payable and accrued expenses | $294 |
| 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 | $0 |
| Total liabilities | $294 |
| Net assets without donor restrictions | $0 |
| 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 | $165,310 |
| Total liabilities and net assets/fund balances | $165,604 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Abilene Smokey Valley Rr Association has recieved totaling $95,174.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Dickinson County Inc Abilene, KS PURPOSE: COMMUNITY DEVELOPMEN | $39,606 |
Sunflower Foundation Health Care For Kansans Topeka, KS PURPOSE: IRON HORSE TRAIL - PHASE 1 | $35,568 |
Rail Heritage Trust Paola, KS PURPOSE: TRACK REPAIR | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Docs Friends Inc Wichita, KS | $10,795,174 | $1,472,500 |
Norwood Hills Country Club Preservation Foundation Saint Louis, MO | $27,533 | $139,686 |
Freedoms Frontier National Heritage Area Inc Lawrence, KS | $186,833 | $1,011,991 |
Lincoln Hills Cares Denver, CO | $500,989 | $1,196,039 |
Kansas State Historical Society Topeka, KS | $9,147,966 | $2,185,552 |
Mcpherson Opera House Company Mcpherson, KS | $5,777,135 | $615,023 |