Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
EIN 20-0511132 • 501(c)3 • Pennington, NJ
Profile
To enhance the lawrence township and hopewell township communities by planning, designing, implementing and maintaining a safer public system of biking and pedestrian trails with bristol-myers squibb and educational testing service serving as anchors for the trail to which other paths and projects might connect.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Assets
Up$589,048
Up $40,866 (+7.5%) from 2023
Liabilities
Down$11,052
Down $1,013 (-8.4%) from 2023
Net Assets
Up$577,996
Up $41,879 (+7.8%) from 2023
Revenue
Down$176,363
Down $40,225 (-19%) from 2023
Expenses
Down$134,484
Down $41,456 (-24%) from 2023
Net Income
Up$41,879
Up $1,231 (+3.0%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The lawrence hopewell trail corporation, through collaboration with community, government, corporate and nonprofit partners, promotes and guides the construction, maintenance, use, and enjoyment of a 22-mile pedestrian/bicycle trail loop connecting lawrence and hopewell townships in mercer county, new jersey, and actively encourages connections to adjacent areas and regional trail networks to ensure an enduring amenity supported by the people it serves.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $44,975 | $476,279 | ▲ $431,304 |
| Prepaid Expenses and Deferred Charges | $69,103 | $88,247 | ▲ $19,144 |
| Pledges and Grants Receivable | $71,772 | $21,460 | ▼ $50,312 |
| Cash and Non-Interest-Bearing Accounts | $362,332 | $3,062 | ▼ $359,270 |
| Total Assets | $548,182 | $589,048 | ▲ $40,866 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $12,065 | $11,052 | ▼ $1,013 |
| Total Liabilities | $12,065 | $11,052 | ▼ $1,013 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $335,177 | $427,368 | ▲ $92,191 |
| Net Assets With Donor Restrictions | $200,940 | $150,628 | ▼ $50,312 |
| Total Net Assets Fund Balance | $536,117 | $577,996 | ▲ $41,879 |
| Total Liabilities and Net Assets / Fund Balance | $548,182 | $589,048 | ▲ $40,866 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $8,846 | $8,846 |
| Name | Title |
|---|---|
| David Sandahl | Vice-chair |
| John R Murray | Vice-chair |
| Chris Tarr | Trustee |
| Dr Jill F Young Do | Trustee |
| Jennifer Peck Nolte | Trustee |
| Jim Parvesse | Trustee |
| Jordan Antebi | Trustee |
| Maria Connolly | Trustee |
| Mike Gray | Trustee |
| Nadine Stern | Trustee |
| Ruth Markoe | Trustee |
| Silvia Ascarelli | Trustee |
| Uma Purandare | Trustee |
| Wills Kinsley | Trustee |
| Alan M Hershey | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $76,393 |
| Salaries, Compensation, and Employee Benefits | $58,091 |
| Total Fundraising Expense | $5,852 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $42,584 | $10,646 | - | $53,230 |
| Insurance | $2,406 | $9,625 | - | $12,031 |
| Fees for Services Accounting | - | $9,208 | - | $9,208 |
| Advertising | $3,648 | $842 | $1,122 | $5,612 |
| Payroll Taxes | $3,889 | $972 | - | $4,861 |
| Office Expenses | - | $4,444 | - | $4,444 |
| Other Expenses | $7,558 | $3,110 | $1,080 | $3,110 |
| All Other Expenses | $83 | $82 | $1,732 | $1,897 |
| Total Functional Expenses | $71,677 | $56,955 | $5,852 | $134,484 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $134,484 |
| Total Expenses per Audited Statements | $134,484 |
| Total Expenses per Form 990 | $134,484 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $19,297 |
| Fundraising Direct Expenses | $4,040 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Full Moon Ride | $19,297 | $19,297 | $4,040 | $15,257 |
| Total Events | $19,297 | $19,297 | $4,040 | $15,257 |
“The organization's 990 is prepared by an independent cpa firm. A draft of the return is provided to the treasurer, who reviews it and then distributes it to all board members for their review and approval. Board members report back to the treasurer with any comments or questions. Once the board has completed its review, it votes to authorize the filing of form 990.”
“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring annual signed statements from each trustee and stressing the importance of avoiding conflicts or the appearance of conflicts.”
“It is the policy of the lht board of trustees to make financial information available to any donor, funder, or member of the public upon written request. Similarly, bylaws and all board policies are available to anyone on written request. Requested documents are provided promptly.”
“The lawrence hopewell trail corporation, through collaboration with community, government, corporate and nonprofit partners, promotes and guides the construction, maintenance, use, and enjoyment of a 22-mile pedestrian/bicycle trail loop connecting lawrence and hopewell townships in mercer county, new jersey, and actively encourages connections to adjacent areas and regional trail networks to ensure an enduring amenity supported by the people it serves.”
“Volunteers serve on the board and support the special events sponsored by the lht. In addition to the 18 board members, all of whom are volunteers, we have 51 volunteers who take on various tasks.”
“The award-winning lawrence hopewell trail (lht) is a 22-mile, multipurpose, mostly off-road, environmentally sensitive trail developed by a citizen-led volunteer board of trustees. It is designed to encourage health and fitness,enjoyment of the outdoors, and access to preserved open space while linking communities and neighborhoods and providing an alternative to automobile transportation, thereby contributing to a more sustainable community. The lht's primary programmatic accomplishments are: (1) managing the development of the trail that traverses corporate campuses, a private school, preserved open space, parks, neighborhoods, and a main street. This requires establishing and maintaining relationships with multiple landowners; designing segments that meet environmental, safety, and construction standards; raising funds for trail construction and support of the nonprofit corporation; and coordinating efforts with local and county governments. As of 2022, 95% of the trail has been completed. Plans are underway for the funding, design, and construction of the remainder. What is not reflected in the financial statements is the fact that in collaboration with county and township officials, over 17 million has been raised for trail construction over the years. In the second category of accomplishments are activities to encourage and promote the use of the trail through publicity, public education, and the sponsorship of community-building activities. In addition to creating the monthly saturday morning walking club, the lht holds two annual signature events. The first is the lht full moon bike ride jointly sponsored by the mercer county park commission. The second event, trail and treat, a fun afternoon for children and theirir families. In 2019 the lht artwalk was introduced. This program couples trail fans with a professional artist who teaches techniques for capturing nature on paper, canvas or film. As a result of the lht's efforts and extensive word-of-mouth, the trail is enjoyed by more than 400,000 walkers, joggers, bikers, snowshoers and cross-country skiers each year and the number is growing. The third category of accomplishment includes trail maintenance and enhancement through the addition of additional directional signage and amenities such as benches and kiosks. The lht serves as a model for public-private partnerships and a resource for other communities that want to emulate the unique success of the lawrence hopewell trail.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 11052 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 842 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 3648 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 5612 |
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| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 82 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 83 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1897 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO ENCOURAGE HEALTH AND FITNESS,ENJOYMENT OF THE OUTDOORS, AND ACCESS TO PRESERVED OPEN SPACE WHILE LINKING COMMUNITIES AND NEIGHBORHOODS AND PROVIDING AN ALTERNATIVE TO AUTOMOBILE TRANSPORTATION, THEREBY CONTRIBUTING TO A MORE SUSTAINABLE COMMUNITY. THE LHT'S PRIMARY PROGRAMMATIC ACCOMPLISHMENTS ARE: (1) MANAGING THE DEVELOPMENT OF THE TRAIL THAT TRAVERSES CORPORATE CAMPUSES, A PRIVATE SCHOOL, PRESERVED OPEN SPACE, PARKS, NEIGHBORHOODS, AND A MAIN STREET. THIS REQUIRES ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH MULTIPLE LANDOWNERS; DESIGNING SEGMENTS THAT MEET ENVIRONMENTAL, SAFETY, AND CONSTRUCTION STANDARDS; RAISING FUNDS FOR TRAIL CONSTRUCTION AND SUPPORT OF THE NONPROFIT CORPORATION; AND COORDINATING EFFORTS WITH LOCAL AND COUNTY GOVERNMENTS. AS OF 2022, 95% OF THE TRAIL HAS BEEN COMPLETED. PLANS ARE UNDERWAY FOR THE FUNDING, DESIGN, AND CONSTRUCTION OF THE REMAINDER. WHAT IS NOT REFLECTED IN THE FINANCIAL STATEMENTS IS THE FACT THAT IN COLLABORATION WITH COUNTY AND TOWNSHIP OFFICIALS, OVER 17 MILLION HAS BEEN RAISED FOR TRAIL CONSTRUCTION OVER THE YEARS. IN THE SECOND CATEGORY OF ACCOMPLISHMENTS ARE ACTIVITIES TO ENCOURAGE AND PROMOTE THE USE OF THE TRAIL THROUGH PUBLICITY, PUBLIC EDUCATION, AND THE SPONSORSHIP OF COMMUNITY-BUILDING ACTIVITIES. IN ADDITION TO CREATING THE MONTHLY SATURDAY MORNING WALKING CLUB, THE LHT HOLDS TWO ANNUAL SIGNATURE EVENTS. THE FIRST IS THE LHT FULL MOON BIKE RIDE JOINTLY SPONSORED BY THE MERCER COUNTY PARK COMMISSION. THE SECOND EVENT, TRAIL AND TREAT, A FUN AFTERNOON FOR CHILDREN AND THEIRIR FAMILIES. IN 2019 THE LHT ARTWALK WAS INTRODUCED. THIS PROGRAM COUPLES TRAIL FANS WITH A PROFESSIONAL ARTIST WHO TEACHES TECHNIQUES FOR CAPTURING NATURE ON PAPER, CANVAS OR FILM. AS A RESULT OF THE LHT'S EFFORTS AND EXTENSIVE WORD-OF-MOUTH, THE TRAIL IS ENJOYED BY MORE THAN 400,000 WALKERS, JOGGERS, BIKERS, SNOWSHOERS AND CROSS-COUNTRY SKIERS EACH YEAR AND THE NUMBER IS GROWING. THE THIRD CATEGORY OF ACCOMPLISHMENT INCLUDES TRAIL MAINTENANCE AND ENHANCEMENT THROUGH THE ADDITION OF ADDITIONAL DIRECTIONAL SIGNAGE AND AMENITIES SUCH AS BENCHES AND KIOSKS. THE LHT SERVES AS A MODEL FOR PUBLIC-PRIVATE PARTNERSHIPS AND A RESOURCE FOR OTHER COMMUNITIES THAT WANT TO EMULATE THE UNIQUE SUCCESS OF THE LAWRENCE HOPEWELL TRAIL. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VICE-CHAIR |
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| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 9625 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2406 |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 16480 |
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| IRS990/MissionDesc | 0 | THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VOLUNTEERS SERVE ON THE BOARD AND SUPPORT THE SPECIAL EVENTS SPONSORED BY THE LHT. IN ADDITION TO THE 18 BOARD MEMBERS, ALL OF WHOM ARE VOLUNTEERS, WE HAVE 51 VOLUNTEERS WHO TAKE ON VARIOUS TASKS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO ENCOURAGE HEALTH AND FITNESS,ENJOYMENT OF THE OUTDOORS, AND ACCESS TO PRESERVED OPEN SPACE WHILE LINKING COMMUNITIES AND NEIGHBORHOODS AND PROVIDING AN ALTERNATIVE TO AUTOMOBILE TRANSPORTATION, THEREBY CONTRIBUTING TO A MORE SUSTAINABLE COMMUNITY. THE LHT'S PRIMARY PROGRAMMATIC ACCOMPLISHMENTS ARE: (1) MANAGING THE DEVELOPMENT OF THE TRAIL THAT TRAVERSES CORPORATE CAMPUSES, A PRIVATE SCHOOL, PRESERVED OPEN SPACE, PARKS, NEIGHBORHOODS, AND A MAIN STREET. THIS REQUIRES ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH MULTIPLE LANDOWNERS; DESIGNING SEGMENTS THAT MEET ENVIRONMENTAL, SAFETY, AND CONSTRUCTION STANDARDS; RAISING FUNDS FOR TRAIL CONSTRUCTION AND SUPPORT OF THE NONPROFIT CORPORATION; AND COORDINATING EFFORTS WITH LOCAL AND COUNTY GOVERNMENTS. AS OF 2022, 95% OF THE TRAIL HAS BEEN COMPLETED. PLANS ARE UNDERWAY FOR THE FUNDING, DESIGN, AND CONSTRUCTION OF THE REMAINDER. WHAT IS NOT REFLECTED IN THE FINANCIAL STATEMENTS IS THE FACT THAT IN COLLABORATION WITH COUNTY AND TOWNSHIP OFFICIALS, OVER 17 MILLION HAS BEEN RAISED FOR TRAIL CONSTRUCTION OVER THE YEARS. IN THE SECOND CATEGORY OF ACCOMPLISHMENTS ARE ACTIVITIES TO ENCOURAGE AND PROMOTE THE USE OF THE TRAIL THROUGH PUBLICITY, PUBLIC EDUCATION, AND THE SPONSORSHIP OF COMMUNITY-BUILDING ACTIVITIES. IN ADDITION TO CREATING THE MONTHLY SATURDAY MORNING WALKING CLUB, THE LHT HOLDS TWO ANNUAL SIGNATURE EVENTS. THE FIRST IS THE LHT FULL MOON BIKE RIDE JOINTLY SPONSORED BY THE MERCER COUNTY PARK COMMISSION. THE SECOND EVENT, TRAIL AND TREAT, A FUN AFTERNOON FOR CHILDREN AND THEIRIR FAMILIES. IN 2019 THE LHT ARTWALK WAS INTRODUCED. THIS PROGRAM COUPLES TRAIL FANS WITH A PROFESSIONAL ARTIST WHO TEACHES TECHNIQUES FOR CAPTURING NATURE ON PAPER, CANVAS OR FILM. AS A RESULT OF THE LHT'S EFFORTS AND EXTENSIVE WORD-OF-MOUTH, THE TRAIL IS ENJOYED BY MORE THAN 400,000 WALKERS, JOGGERS, BIKERS, SNOWSHOERS AND CROSS-COUNTRY SKIERS EACH YEAR AND THE NUMBER IS GROWING. THE THIRD CATEGORY OF ACCOMPLISHMENT INCLUDES TRAIL MAINTENANCE AND ENHANCEMENT THROUGH THE ADDITION OF ADDITIONAL DIRECTIONAL SIGNAGE AND AMENITIES SUCH AS BENCHES AND KIOSKS. THE LHT SERVES AS A MODEL FOR PUBLIC-PRIVATE PARTNERSHIPS AND A RESOURCE FOR OTHER COMMUNITIES THAT WANT TO EMULATE THE UNIQUE SUCCESS OF THE LAWRENCE HOPEWELL TRAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. A DRAFT OF THE RETURN IS PROVIDED TO THE TREASURER, WHO REVIEWS IT AND THEN DISTRIBUTES IT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. BOARD MEMBERS REPORT BACK TO THE TREASURER WITH ANY COMMENTS OR QUESTIONS. ONCE THE BOARD HAS COMPLETED ITS REVIEW, IT VOTES TO AUTHORIZE THE FILING OF FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL SIGNED STATEMENTS FROM EACH TRUSTEE AND STRESSING THE IMPORTANCE OF AVOIDING CONFLICTS OR THE APPEARANCE OF CONFLICTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | IT IS THE POLICY OF THE LHT BOARD OF TRUSTEES TO MAKE FINANCIAL INFORMATION AVAILABLE TO ANY DONOR, FUNDER, OR MEMBER OF THE PUBLIC UPON WRITTEN REQUEST. SIMILARLY, BYLAWS AND ALL BOARD POLICIES ARE AVAILABLE TO ANYONE ON WRITTEN REQUEST. REQUESTED DOCUMENTS ARE PROVIDED PROMPTLY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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