Civic Intelligence

Nickel Plate Heritage Railroad Inc

EIN 27-2835920 • 501(c)3 • Arcadia, IN

Profile

The Nickel Plate Heritage Railroad tells the story of rail transportation through unique experiences on its Nickel Plate Express Rail excursions as well s through the Arcadia Depot Museum experience.

PO Box 435Arcadia, IN 46030

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.33x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

36%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$69,145

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

67%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,328,623

Up $933,751 (+67%) from 2023

Liabilities

Down

$544,167

Down $173,976 (-24%) from 2023

Net Assets

Up

$1,784,456

Up $1,107,727 (+164%) from 2023

Revenue

Up

$1,627,595

Up $287,303 (+21%) from 2023

Expenses

Up

$1,045,120

Up $199,103 (+24%) from 2023

Net Income

Up

$582,475

Up $88,200 (+18%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2020: $1,184,992Liabilities 2020: $1,116,918Net Assets 2020: $68,0742020Assets 2021: $968,130Liabilities 2021: $1,061,918Net Assets 2021: -$93,7882021Assets 2022: $1,332,488Liabilities 2022: $1,146,580Net Assets 2022: $185,9082022Assets 2023: $1,394,872Liabilities 2023: $718,143Net Assets 2023: $676,7292023Assets 2024: $2,328,623Liabilities 2024: $544,167Net Assets 2024: $1,784,4562024

Highlighted filing

2024

Assets$2,328,623
Liabilities$544,167
Net Assets$1,784,456

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $709,042Expenses 2020: $800,120Net Income 2020: -$91,0782020Revenue 2021: $238,235Expenses 2021: $404,679Net Income 2021: -$166,4442021Revenue 2022: $968,287Expenses 2022: $688,591Net Income 2022: $279,6962022Revenue 2023: $1,340,292Expenses 2023: $846,017Net Income 2023: $494,2752023Revenue 2024: $1,627,595Expenses 2024: $1,045,120Net Income 2024: $582,4752024

Highlighted filing

2024

Revenue$1,627,595
Expenses$1,045,120
Net Income$582,475

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$1,627,595
Mission and Program Overview

Mission

The nickel plate heritage railroad tells the story of rail transportation through unique experiences on its nickel plate express rail excursions as well as through the arcadia depot museum experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,199,349$1,784,456▲ $585,107
Savings and Temporary Cash Investments$762,102$1,135,926▲ $373,824
Land, Buildings, and Equipment, Net$919,565$1,062,320▲ $142,755
Prepaid Expenses and Deferred Charges$49,856$71,063▲ $21,207
Intangible Assets$35,500$31,900▼ $3,600
Cash and Non-Interest-Bearing Accounts$25,060$25,114▲ $54
Accounts Receivable$2,500$1,300▼ $1,200
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$1,795,584$2,328,623▲ $533,039
Other Assets Total$1,001$1,000▼ $1
Liabilities
Unsecured Notes Loans Payable$585,585$527,081▼ $58,504
Accounts Payable and Accrued Expenses$10,650$17,086▲ $6,436
Total Liabilities$596,235$544,167▼ $52,068
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,199,349$1,784,456▲ $585,107
Total Liabilities and Net Assets / Fund Balance$1,795,584$2,328,623▲ $533,039

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$970,544$1,101,394$2,071,938
Other Land Buildings$45,294$38,650$83,944
Buildings-$57,900$57,900
Leasehold Improvements$28,482$8,390$36,872
Land$18,000-$18,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily ReynoldsExecutive DirectorFT$69,145$69,145

Board Members and Trustees

NameTitle
Christine DeJoyPresident
Mark SiblaVice President
David CrislerDirector
James CorreyDirector
Kristen WeedenDirector
Matt LightDirector
Eric PowellSecretary
Michael LennoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,899
Program Service Revenue
$1,551,375
Investment Income
$33,321
Other Revenue
$0
All Other Contributions
$42,899
Change in Net Assets
$582,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$755,672
Salaries, Compensation, and Employee Benefits$289,448
Total Fundraising Expense$20,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,187$61,538-$183,725
Depreciation Depletion$129,484$3,600-$133,084
Insurance-$74,849-$74,849
Current Officers, Directors, Trustees, and Key Employees-$69,145-$69,145
All Other Expenses$17,785$8,153-$25,938
Payroll Taxes$16,943$8,533-$25,476
Other Expenses$21,661$33,303-$21,661
Advertising--$20,156$20,156
Interest$11,885--$11,885
Other Employee Benefits-$11,102-$11,102
Fees for Services Accounting-$6,460-$6,460
Occupancy$1,125$3,826-$4,951
Office Expenses-$2,496-$2,496
Information Technology-$2,164-$2,164
Total Functional Expenses$739,795$285,169$20,156$1,045,120
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Nickel Plate Heritage Railroad Inc
EIN
27-2835920
Address
701 Cicero Rd, Noblesville, IN 46060

Signing Officer

Name
Emily Reynolds
Title
Executive Director
Phone
3176743840
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Reynolds
Formed
2010
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
64
Volunteers
8

Preparer

Firm
W Stevens LLP
Address
9485 E 191st St, Noblesville, IN 46060
Preparer
Wendy Stevens CPA
Phone
3172819063
Supplemental Narrative

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

The Historical Collections are related to the history of the railroad in Hamilton County and are on exhibit in the Depot Building for observation.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Historical Collections are related to the history of the railroad in Hamilton County and are on exhibit in the Depot Building for observation.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4: Description of organization's collections and how it furthers its purpose.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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