Friends Of The Centennial Trail
- Assets
- $334.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Spokane, WA
- Founding
- 01/1997
- Data as of
- 12/2023
- EIN
- 91-1514056
Organization Overview
Friends Of The Centennial Trail is located in Spokane, WA. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Centennial Trail 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 The Centennial Trail generated $102.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $79.8k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
FRIENDS OF THE CENTENNIAL TRAIL ASSIST IN THE MAINTENANCE AND DEVELOPMENT OF THE SPOKANE CENTENNIAL TRAIL AND ITS ADJACENT PARKLANDS THROUGH ADVOCACY AND FUNDING FOR ITS COMPLETION, MANAGEMENT AND RESTORATION.
Describe the Organization's Program Activity:
Part 3
PUBLIC INFORMATION: THE ORGANIZATION MAINTAINS AN OFFICE WITH THE PRIMARY PURPOSE OF PROVIDING ACCESS TO INFORMATION REGARDING THE CENTENNIAL TRAIL.
PUBLIC INFORMATION: THE ORGANIZATION SPONSORS ANNUAL TRAIL EVENTS FOR TRAIL USERS AND PUBLISHES A QUARTERLY NEWSLETTER REGARDING TRAIL USE AND RELATED SUBJECTS.
MANAGEMENT & EXPANSION OF THE TRAIL: THE ORGANIZATION IS THE PRIMARY SOURCE OF PLANNING, PUBLIC INPUT, AND FUNDRAISING FOR THE EXPANSION AND IMPROVEMENTS OF THE TRAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loreen Mcfaul Executive Director | 20 | $56,746 | |
Melanie Keiser Chairperson | 1 | $0 | |
Jackie Post Vice-Chair | 1 | $0 | |
Brian Vandenburg Secretary | 1 | $0 | |
Mike Merritt Treasurer | 1 | $0 | |
Linda Hendricksen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,614 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,646 |
| Investment income | $12,056 |
| Gain or Loss | -$2 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,126 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,230 |
| Professional fees and other payments to independent contractors | $70 |
| Occupancy, rent, utilities, and maintenance | $1,280 |
| Printing, publications, postage, and shipping | $5,249 |
| Other expenses | $9,959 |
| Total expenses | $79,788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,906 |
| Other assets | $0 |
| Total assets | $334,020 |
| Total liabilities | $3,991 |
| Net assets or fund balances | $330,029 |