Friends Of Fonta Flora State Trail Inc
- Assets
- $80.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, NC
- Founding
- Data as of
- 12/2023
- EIN
- 84-4922798
Organization Overview
Friends Of Fonta Flora State Trail Inc is located in Marion, NC. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Fonta Flora State Trail 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 12/2023, Friends Of Fonta Flora State Trail Inc generated $119.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $111.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
1. OLD FORT PARK AND RAIL COMPLEX: PHASE I & II - FUNDED BY A PARTF GRANT, MCDOWELL COUNTY, THE TOWN OF OLD FORT, MCDOWELL TRAILS ASSOCIATION, AND FRIENDS OF FONTA FLORA STATE TRAIL WERE AWARDED $660,000 FOR PHASE I, WHICH WILL INCLUDE 100 PARKING SPACES, RESTROOMS, A PICNIC PAVILION, AND A DOG PARK. IN 2023, FRIENDS OF FONTA FLORA STATE TRAIL WAS AWARDED A $125,000 RTP GRANT FOR A 1.1-MILE TRAIL EXTENSION TO CONNECT USFS GATEWAY TRAILS AND TO GET PEDESTRIAN AND BICYCLE TRAFFIC OFF A DANGEROUS SECTION OF HIGHWAY 70. FINALLY, FRIENDS OF FONTA FLORA STATE TRAIL WAS AWARDED A CTP LAND ACQUISITION GRANT WORTH $88,000 TO PURCHASE A CRUCIAL PIECE OF LAND FOR THE TRAILHEAD ENTRY ROAD. 2. PLANNING THE TRAIL: MCDOWELL COUNTY FEASIBILITY STUDY - IN 2022, FRIENDS OF FONTA FLORA STATE TRAIL WAS AWARDED A $90,000 DOGWOOD HEALTH TRUST GRANT FOR A FEASIBILITY STUDY ON UNPLANNED SEGMENTS OF THE FONTA FLORA STATE TRAIL IN MCDOWELL COUNTY. SINCE MCDOWELL COUNTY DOES NOT HAVE A DESIGNATED TRAIL PLANNER, FRIENDS OF FONTA FLORA STATE TRAIL STEPPED IN TO HELP. THE FEASIBILITY STUDY HAS IDENTIFIED A 33-MILE LINEAR CORRIDOR AS THE PREFERRED ROUTE OF THE FONTA FLORA STATE TRAIL IN MCDOWELL COUNTY AND WILL ENTER INTO THE PUBLIC INPUT PHASE OF THE PROJECT IN LATE 2023. 3. RETROFITTING INFRASTRUCTURE: CANAL BRIDGE - THE CANAL BRIDGE PROJECT IN BURKE COUNTY WILL CONNECT THE TWO SECTIONS OF LAKE JAMES STATE PARK, PROVIDING SAFE PEDESTRIAN AND BIKE ACCESS TO A LOCALLY USED UNSANCTIONED ROUTE. A ROAD DIET WILL ACCOMMODATE A 5 FT. RAISED CONCRETE SIDEPATH AND THE BIKE SAFETY BARRIER TO THE EXISTING BRIDGE. CANAL BRIDGE HAS LONG SERVED AS A CONNECTIVE ROADBLOCK TO BUILDING AN ADDITIONAL 4 MILES OF FONTA FLORA STATE TRAIL. FRIENDS OF FONTA FLORA STATE TRAIL IS PARTNERING WITH BURKE COUTY AND OVERMOUNTAIN VICTORY STATE TRAIL ON THIS CO-LOCATED OPPORTUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret White President | 1 | $0 | |
Steven H Bush Vice President | 5 | $0 | |
Jennifer Billstrom Treasurer | 10 | $0 | |
Shane Thomas Prisby Secretary | 5 | $0 | |
Steven Charles Pierc Director | 1 | $0 | |
Beth Heile Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,878 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,435 |
| Professional fees and other payments to independent contractors | $3,880 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $797 |
| Other expenses | $30,954 |
| Total expenses | $111,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,291 |
| Other assets | $0 |
| Total assets | $80,291 |
| Total liabilities | $2,532 |
| Net assets or fund balances | $77,759 |