Civic Intelligence

C & O Canal Trust Inc

990 • Fiscal year 2012 • EIN 30-0401642

Oct 01, 2011 to Sep 30, 2012 • Filed on May 15, 2013

1850 Dual Highway No 10021740
Siviq Scores

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

Liabilities / Assets

75th percentile

0.34x

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

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$227,058

No earlier filing loaded for comparison.

Net Assets

$150,634

No earlier filing loaded for comparison.

Liabilities

$76,424

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$539,390

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

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: $227,058Liabilities 2012: $76,424Net Assets 2012: $150,6342012Assets 2013: $421,409Liabilities 2013: $155,674Net Assets 2013: $265,7352013Assets 2014: $496,314Liabilities 2014: $231,007Net Assets 2014: $265,3072014Assets 2015: $308,665Liabilities 2015: $149,123Net Assets 2015: $159,5422015Assets 2016: $319,646Liabilities 2016: $133,790Net Assets 2016: $185,8562016Assets 2017: $442,120Liabilities 2017: $148,904Net Assets 2017: $293,2162017Assets 2018: $524,861Liabilities 2018: $96,137Net Assets 2018: $428,7242018Assets 2019: $635,147Liabilities 2019: $133,421Net Assets 2019: $501,7262019Assets 2020: $1,051,949Liabilities 2020: $412,588Net Assets 2020: $639,3612020Assets 2021: $1,252,991Liabilities 2021: $407,678Net Assets 2021: $845,3132021Assets 2022: $1,512,349Liabilities 2022: $347,213Net Assets 2022: $1,165,1362022Assets 2023: $1,645,483Liabilities 2023: $299,045Net Assets 2023: $1,346,4382023Assets 2024: $1,766,162Liabilities 2024: $378,035Net Assets 2024: $1,388,1272024

Highlighted filing

2012

Assets$227,058
Liabilities$76,424
Net Assets$150,634

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $539,3902012Expenses 2013: $468,9582013Revenue 2014: $541,690Expenses 2014: $542,118Net Income 2014: -$4282014Revenue 2015: $442,454Expenses 2015: $548,219Net Income 2015: -$105,7652015Revenue 2016: $594,126Expenses 2016: $567,812Net Income 2016: $26,3142016Revenue 2017: $768,839Expenses 2017: $661,479Net Income 2017: $107,3602017Revenue 2018: $838,454Expenses 2018: $702,946Net Income 2018: $135,5082018Revenue 2019: $882,921Expenses 2019: $809,919Net Income 2019: $73,0022019Revenue 2020: $919,035Expenses 2020: $781,400Net Income 2020: $137,6352020Revenue 2021: $1,201,930Expenses 2021: $995,978Net Income 2021: $205,9522021Revenue 2022: $1,267,668Expenses 2022: $947,845Net Income 2022: $319,8232022Revenue 2023: $1,116,593Expenses 2023: $935,291Net Income 2023: $181,3022023Revenue 2024: $1,225,258Expenses 2024: $1,183,569Net Income 2024: $41,6892024

Highlighted filing

2012

Revenue-
Expenses$539,390
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
May 15, 2013
Return Version
2011v1.5
Gross Receipts
$623,776
Mission and Program Overview

Mission

To work in partnership with the national park service to protect, restore and promote the c&o canal national historical park. The trust seeks to ensure that the park's natural, historical, and recreational potential is fully realized.

Major Activities

Activity 2
Volunteer engagementthe c&o canal trust actively recruits and oversees several volunteer programs to provide meaningful opportunities for the public to contribute to the care and support of the park.1)the trust mobilized 1,122 volunteers during its 5th annual c&o canal pride days to donate 3,366 hours to multiple projects during 8 trust led events, as well as 22 events in partnership with the alice b. Ferguson foundation. The trust undertook a comprehensive review of the program resulting in several enhancements to create a more sustainable and beneficial program going forward.2)the trust formally adopted the great falls and canal quarters locations within the park to provide support year-round under the nps canal stewards program. 3)the trust continued to expand its quartermasters program to provide volunteer support for the upkeep and general maintenance of the canal quarters lockhouses.
Activity 3
Community outreach and engagement:the c&o canal trust as the official non-profit partner of the c&o canal national historical park connects with its local communities, identifying priorities and engaging their support in key park initiatives.1)the c&o canal towns partnership provides regional economic development and community enhancement on behalf of nine communities along the canal reaping the benefits of trail-based tourism and recreation.2)fy12 witnessed the culmination of two major advocacy campaigns to restore the continuity of the towpath. The trust worked to secure $14 million in economic recovery dollars for repairs along the 4 mile stretch at big slackwater, a section of the towpath that had been closed for over 20 years. In addition, the trust helped secure the $4 million necessary for repairs to the major breach at anglers (for which the trust contributed $100,000 to make the project shovel-ready). 3)the trust identified, promoted and supported improvements to the capital crescent trail, the most heavily used trail leading into the park, and to the resurfacing of the towpath between lock 5 and chain bridge.4)to expand awareness, the trust designed, printed and distributed 40,000 organizational and program materials, enhanced its social media presence and utilized other media to inform the public about opportunities to enjoy the park and to volunteer to support the park.
Filing and Contact Details

Filer

EIN
30-0401642
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IRS990/Activity2/Description0VOLUNTEER ENGAGEMENTTHE C&O CANAL TRUST ACTIVELY RECRUITS AND OVERSEES SEVERAL VOLUNTEER PROGRAMS TO PROVIDE MEANINGFUL OPPORTUNITIES FOR THE PUBLIC TO CONTRIBUTE TO THE CARE AND SUPPORT OF THE PARK.1)THE TRUST MOBILIZED 1,122 VOLUNTEERS DURING ITS 5TH ANNUAL C&O CANAL PRIDE DAYS TO DONATE 3,366 HOURS TO MULTIPLE PROJECTS DURING 8 TRUST LED EVENTS, AS WELL AS 22 EVENTS IN PARTNERSHIP WITH THE ALICE B. FERGUSON FOUNDATION. THE TRUST UNDERTOOK A COMPREHENSIVE REVIEW OF THE PROGRAM RESULTING IN SEVERAL ENHANCEMENTS TO CREATE A MORE SUSTAINABLE AND BENEFICIAL PROGRAM GOING FORWARD.2)THE TRUST FORMALLY ADOPTED THE GREAT FALLS AND CANAL QUARTERS LOCATIONS WITHIN THE PARK TO PROVIDE SUPPORT YEAR-ROUND UNDER THE NPS CANAL STEWARDS PROGRAM. 3)THE TRUST CONTINUED TO EXPAND ITS QUARTERMASTERS PROGRAM TO PROVIDE VOLUNTEER SUPPORT FOR THE UPKEEP AND GENERAL MAINTENANCE OF THE CANAL QUARTERS LOCKHOUSES.
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IRS990/Activity3/Description0COMMUNITY OUTREACH AND ENGAGEMENT:THE C&O CANAL TRUST AS THE OFFICIAL NON-PROFIT PARTNER OF THE C&O CANAL NATIONAL HISTORICAL PARK CONNECTS WITH ITS LOCAL COMMUNITIES, IDENTIFYING PRIORITIES AND ENGAGING THEIR SUPPORT IN KEY PARK INITIATIVES.1)THE C&O CANAL TOWNS PARTNERSHIP PROVIDES REGIONAL ECONOMIC DEVELOPMENT AND COMMUNITY ENHANCEMENT ON BEHALF OF NINE COMMUNITIES ALONG THE CANAL REAPING THE BENEFITS OF TRAIL-BASED TOURISM AND RECREATION.2)FY12 WITNESSED THE CULMINATION OF TWO MAJOR ADVOCACY CAMPAIGNS TO RESTORE THE CONTINUITY OF THE TOWPATH. THE TRUST WORKED TO SECURE $14 MILLION IN ECONOMIC RECOVERY DOLLARS FOR REPAIRS ALONG THE 4 MILE STRETCH AT BIG SLACKWATER, A SECTION OF THE TOWPATH THAT HAD BEEN CLOSED FOR OVER 20 YEARS. IN ADDITION, THE TRUST HELPED SECURE THE $4 MILLION NECESSARY FOR REPAIRS TO THE MAJOR BREACH AT ANGLERS (FOR WHICH THE TRUST CONTRIBUTED $100,000 TO MAKE THE PROJECT SHOVEL-READY). 3)THE TRUST IDENTIFIED, PROMOTED AND SUPPORTED IMPROVEMENTS TO THE CAPITAL CRESCENT TRAIL, THE MOST HEAVILY USED TRAIL LEADING INTO THE PARK, AND TO THE RESURFACING OF THE TOWPATH BETWEEN LOCK 5 AND CHAIN BRIDGE.4)TO EXPAND AWARENESS, THE TRUST DESIGNED, PRINTED AND DISTRIBUTED 40,000 ORGANIZATIONAL AND PROGRAM MATERIALS, ENHANCED ITS SOCIAL MEDIA PRESENCE AND UTILIZED OTHER MEDIA TO INFORM THE PUBLIC ABOUT OPPORTUNITIES TO ENJOY THE PARK AND TO VOLUNTEER TO SUPPORT THE PARK.
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IRS990/Description0INTERPRETATION AND EDUCATION: AS THE OFFICIAL NON-PROFIT PARTNER OF THE C&O CANAL NATIONAL HISTORICAL PARK, THE C&O CANAL TRUST WORKS CLOSELY WITH THE NPS TO DEVELOP AND MANAGE UNIQUE AND INNOVATIVE INTERPRETIVE PROGRAMS THAT ENHANCE THE VISITOR EXPERIENCE.1)THE C&O CANAL TRUST OPENED THE SIXTH FULLY RESTORED LOCKHOUSE IN ITS SIGNATURE CANAL QUARTERS PROGRAM, THE SIX LOCKHOUSES PROVIDE A UNIQUE INTERPRETIVE EXPERIENCE FROM SIX DIFFERENT PERIODS IN THE HISTORY OF THE C&O CANAL. THE PROGRAM HAS ACCOMMODATED 6,118 OVERNIGHT PAYING GUESTS FROM 39 STATES IN THE FIRST THREE YEARS OF OPERATION. ADDITIONAL FREE OPEN HOUSE DAYS PROVIDE ACCESS FOR THE NON-PAYING PUBLIC. 2)THE C&O CANAL TRUST'S NEWEST PROGRAM, CANAL DISCOVERIES, PROVIDES A VIRTUAL GUIDE TO MANY OF THE STORIES AND PLACES ALONG THE FULL LENGTH OF THE CANAL, NARRATED BY A NPS RANGER. A TOTAL OF OVER 50 SITES ARE NOW AVAILABLE ONLINE. IN ADDITION, AUDIO PODCASTS HAVE BEEN ADDED TO 14 DISCOVERIES SITES ON DIVERSE TOPICS SUCH AS LOCKKEEPERS, FLOODS AND CANAL LEGENDS. CIVIL WAR THEMED ITINERARIES WERE ADDED IN CELEBRATION OF THE CIVIL WAR SESQUICENTENNIAL
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IRS990/ProgramServiceRevenue/TotalRevenueColumn181860
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses063722
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip00
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/Revenue0128360
IRS990/RevenuesLessExpensesCY063722
IRS990/RevenuesLessExpensesPriorYear085299
IRS990/SalariesEtcCurrentYear0302515
IRS990/SalariesEtcPriorYear0247311
IRS990ScheduleA/AmountsSubstContributorsTotal0432749
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0421214
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0369338
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0231683
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0250625
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0154441
IRS990ScheduleA/GiftsGrantsContribReceived170/Total01427301
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear07
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year05
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years06
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years010
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0109
IRS990ScheduleA/GrossInvestmentIncome170/Total0137
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0649026
IRS990ScheduleA/OtherIncome170/CurrentTaxYear04264
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year03109
IRS990ScheduleA/OtherIncome170/Total07373
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.69320
IRS990ScheduleA/PublicSupportTotal1700994552
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0421214
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0369338
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0231683
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0250625
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0154441
IRS990ScheduleA/Total170/Total01427301
IRS990ScheduleA/TotalSupport01434811
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/DonatedServicesUseOfFacilities0159418
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities0159418
IRS990ScheduleD/ExcessOrDeficitForYear063722
IRS990ScheduleD/ExcessOrDeficitPerFS063722
IRS990ScheduleD/ExpensesNotRptdF9900159418
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0539390
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0BASED ON ITS INTERPRETATION OF THE REQUIREMENTS OF ASC 740-10, MANAGEMENT BELIEVES THAT THE TRUST HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICITIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1DECREASE IN TEMPORARILY RESTRICTED NET ASSETS
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/OtherRevenues08080
IRS990ScheduleD/RevenueNotRptdF9900167498
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0603112
IRS990ScheduleD/TotalExpenses0539390
IRS990ScheduleD/TotalExpensesPerForm9900539390
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenue0603112
IRS990ScheduleD/TotalRevenuePerForm9900603112
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0698808
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0770610
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent1045863
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal045863
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents020664
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1066527
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal066527
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1020664
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents020664
IRS990ScheduleG/EventsInformation/NameOfEvent10PARK AFTER DARK GALA
IRS990ScheduleG/EventsInformation/NetIncomeSummary00
IRS990ScheduleG/EventsInformation/NonCashPrizesEvent1013518
IRS990ScheduleG/EventsInformation/NonCashPrizesTotalEvents013518
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent107146
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents07146
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: THE C&O CANAL TRUST WORKS CLOSELY WITH THE C&O CANAL NATIONAL HISTORICAL PARK TO DEFINE THE PURPOSE AND AMOUNT OF FUNDING FOR EACH GRANT, INCLUDING SPECIFIC OBJECTIVES, TIMING AND REPORTING.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:

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