Civic Intelligence

Medina Railroad Museum

990 • Fiscal year 2015 • EIN 16-1552382

Apr 01, 2014 to Mar 31, 2015 • Filed on Oct 29, 2015

530 West AvenueMedina, NY 14103

(585) 798-6106

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.40x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.31x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Net Margin

60th percentile

7.0%

Higher net margin than 60% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Asset Growth

34th percentile

-2.9%

Faster asset growth than 34% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-0.4%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$580,126

Down $17,298 (-2.9%) from 2014

Net Assets

Up

$345,194

Up $53,300 (+18%) from 2014

Liabilities

Down

$234,932

Down $70,598 (-23%) from 2014

Revenue

Down

$759,051

Down $3,399 (-0.4%) from 2014

Expenses

Down

$705,751

Down $140,853 (-17%) from 2014

Net Income

Up

$53,300

Up $137,454 (+163%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $677,349Liabilities 2012: $293,766Net Assets 2012: $383,5832012Assets 2013: $623,298Liabilities 2013: $247,251Net Assets 2013: $376,0472013Assets 2014: $597,424Liabilities 2014: $305,530Net Assets 2014: $291,8942014Assets 2015: $580,126Liabilities 2015: $234,932Net Assets 2015: $345,1942015Assets 2016: $470,553Liabilities 2016: $43,427Net Assets 2016: $427,1262016Assets 2017: $627,310Liabilities 2017: $56,495Net Assets 2017: $570,8152017Assets 2018: $733,902Liabilities 2018: $38,248Net Assets 2018: $695,6542018Assets 2019: $830,715Liabilities 2019: $60,636Net Assets 2019: $770,0792019Assets 2020: $830,610Liabilities 2020: $98,911Net Assets 2020: $731,6992020Assets 2021: $716,942Liabilities 2021: $103,979Net Assets 2021: $612,9632021Assets 2022: $1,464,947Liabilities 2022: $666,483Net Assets 2022: $798,4642022Assets 2023: $1,582,643Liabilities 2023: $573,353Net Assets 2023: $1,009,2902023Assets 2024: $1,592,634Liabilities 2024: $555,017Net Assets 2024: $1,037,6172024Assets 2025: $1,505,302Liabilities 2025: $574,490Net Assets 2025: $930,8122025

Highlighted filing

2015

Assets$580,126
Liabilities$234,932
Net Assets$345,194

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $695,4482012Expenses 2013: $804,9862013Revenue 2014: $762,450Expenses 2014: $846,604Net Income 2014: -$84,1542014Revenue 2015: $759,051Expenses 2015: $705,751Net Income 2015: $53,3002015Revenue 2016: $864,153Expenses 2016: $782,221Net Income 2016: $81,9322016Revenue 2017: $1,018,384Expenses 2017: $874,695Net Income 2017: $143,6892017Revenue 2018: $1,092,623Expenses 2018: $967,784Net Income 2018: $124,8392018Revenue 2019: $1,136,221Expenses 2019: $1,061,796Net Income 2019: $74,4252019Revenue 2020: $1,125,638Expenses 2020: $1,164,018Net Income 2020: -$38,3802020Revenue 2021: $81,794Expenses 2021: $200,530Net Income 2021: -$118,7362021Revenue 2022: $1,011,517Expenses 2022: $826,016Net Income 2022: $185,5012022Revenue 2023: $1,220,231Expenses 2023: $1,009,405Net Income 2023: $210,8262023Revenue 2024: $1,229,876Expenses 2024: $1,201,549Net Income 2024: $28,3272024Revenue 2025: $1,335,057Expenses 2025: $1,441,862Net Income 2025: -$106,8052025

Highlighted filing

2015

Revenue$759,051
Expenses$705,751
Net Income$53,300
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Oct 29, 2015
Return Version
2014v5.0
Gross Receipts
$776,901
Mission and Program Overview

Mission

Assemble, preserve, interpret and display railroad artifacts,model and memorabilia for the enjoyment of the public and education of future generations and to benefit tourism and economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$317,702$285,276▼ $32,426
Cash and Non-Interest-Bearing Accounts$18,504$35,296▲ $16,792
Inventories for Sale or Use$7,060$13,322▲ $6,262
Prepaid Expenses and Deferred Charges$20,636$12,582▼ $8,054
Loans From Officers Directors$7,905--
Accounts Receivable$88$216▲ $128
Total Assets$597,424$580,126▼ $17,298
Other Assets Total$233,434$233,434→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$185,574$168,624▼ $16,950
Deferred Revenue$17,463$50,542▲ $33,079
Accounts Payable and Accrued Expenses$94,588$15,766▼ $78,822
Total Liabilities$305,530$234,932▼ $70,598
Net Assets / Fund Balance
Unrestricted Net Assets$291,894$345,194▲ $53,300
Total Net Assets Fund Balance$291,894$345,194▲ $53,300
Total Liabilities and Net Assets / Fund Balance$597,424$580,126▼ $17,298

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$259,076$629,312$888,388
Land$26,200-$26,200
Other Assets Org$233,434--
Compensation and Service Providers

Board Members and Trustees

NameTitle
George BidlemanPresident
Daniel HogueBoard Member
Donald DemaisonBoard Member
Gerald BertoldoBoard Member
Benjamin WoelkSecretary
Hugh JamesTreasurer
Rick HennVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,242
Program Service Revenue
$730,864
Investment Income
$176
Other Revenue
$21,769
All Other Contributions
$4,787
Change in Net Assets
$53,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$759,051
Total Revenue per Audited Statements
$759,051
Total Revenue per Form 990
$759,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,764
Salaries, Compensation, and Employee Benefits$57,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,576$32,414-$52,990
Depreciation Depletion$32,426--$32,426
Insurance$29,656--$29,656
Other Expenses$21,760--$21,760
All Other Expenses$17,702$1,952-$19,654
Interest$15,564--$15,564
Occupancy$8,789$2,929-$11,718
Payroll Taxes$2,042$2,955-$4,997
Fees for Services Accounting-$3,500-$3,500
Office Expenses-$1,693-$1,693
Advertising$430--$430
Fees for Services Legal-$150-$150
Conferences and Meetings$18--$18
Total Functional Expenses$660,158$45,593$0$705,751

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$705,751
Total Expenses per Audited Statements$705,751
Total Expenses per Form 990$705,751
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$7,905--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 reviewed by entire board of directors.

Form 990, Page 6, Part VI, Line 19

All governing documents and financial statements are available to the public.

Filing and Contact Details

Filer

Filer Name
Medina Railroad Museum
EIN
16-1552382
Address
530 WEST AVENUE, MEDINA, NY 14103

Signing Officer

Name
George Bidleman
Title
President
Signed
2015-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Bidleman
Formed
1997
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
35

Preparer

Firm
Wittlin Cain & Dry Llp
Address
17 BERESFORD COURT, WILLIAMSVILLE, NY 14221
Preparer
James M Dry CPA
Phone
7166347253
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Same as part iii, line 4(a).

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

Description: railroad and model train artifacts. Exempt purpose: promote interest in history of railroads and offer display for public observation.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY ENTIRE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC.
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.51$0.57$0.93$1.34$1.44$0.11
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.56$1.04$1.23$1.20$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.57$1.01$1.22$1.01$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.67$0.80$1.01$0.83$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.10$0.61$0.08$0.20$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.10$0.73$1.13$1.16$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.06$0.77$1.14$1.06$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.04$0.70$1.09$0.97$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.06$0.57$1.02$0.87$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$0.86$0.78$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.23$0.35$0.76$0.71$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.31$0.29$0.76$0.85$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.25$0.38$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.29$0.38$0.70