Civic Intelligence

Port Rail Inc

990 • Fiscal year 2017 • EIN 45-3656118

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

Organization ProfileWWW.PORTRAILLC.COM

View Organization Page

150 Marine Street Box 1Lake Charles, LA 70601

(337) 493-3504

Siviq Scores

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

Liabilities / Assets

100th percentile

6.74x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

1.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

10th percentile

-26%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

89th percentile

$156,065

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-66%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-6.2%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$213,207

Down $421,458 (-66%) from 2016

Net Assets

Down

-$1,224,317

Down $287,067 (-31%) from 2016

Liabilities

Down

$1,437,524

Down $134,391 (-8.5%) from 2016

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin10th percentile

Revenue

Down

$1,109,903

Down $73,546 (-6.2%) from 2016

Expenses

Down

$1,396,970

Down $66,992 (-4.6%) from 2016

Net Income

Down

-$287,067

Down $6,554 (-2.3%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$4.0M$2.0M$0-$2.0MAssets 2013: $290,290Liabilities 2013: $341,848Net Assets 2013: -$51,5582013Assets 2014: $1Liabilities 2014: $93,899Net Assets 2014: -$93,8992014Assets 2015: $552,853Liabilities 2015: $1,209,590Net Assets 2015: -$656,7372015Assets 2016: $634,665Liabilities 2016: $1,571,915Net Assets 2016: -$937,2502016Assets 2017: $213,207Liabilities 2017: $1,437,524Net Assets 2017: -$1,224,3172017Assets 2018: $198,090Liabilities 2018: $1,132,531Net Assets 2018: -$934,4412018Assets 2019: $743,448Liabilities 2019: $1,299,219Net Assets 2019: -$555,7712019Assets 2020: $1,394,013Liabilities 2020: $915,655Net Assets 2020: $478,3582020Assets 2021: $1,704,334Liabilities 2021: $1,111,405Net Assets 2021: $592,9292021Assets 2022: $2,487,297Liabilities 2022: $2,521,859Net Assets 2022: -$34,5622022Assets 2023: $2,274,263Liabilities 2023: $2,800,309Net Assets 2023: -$526,0462023Assets 2024: $2,018,132Liabilities 2024: $2,875,801Net Assets 2024: -$857,6692024

Highlighted filing

2017

Assets$213,207
Liabilities$1,437,524
Net Assets-$1,224,317
Open 2017 Filing

Operations Trend

Revenue Growth24th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $290,290Expenses 2013: $295,926Net Income 2013: -$5,6362013Revenue 2014: $0Expenses 2014: $42,341Net Income 2014: -$42,3412014Revenue 2015: $211,096Expenses 2015: $773,934Net Income 2015: -$562,8382015Revenue 2016: $1,183,449Expenses 2016: $1,463,962Net Income 2016: -$280,5132016Revenue 2017: $1,109,903Expenses 2017: $1,396,970Net Income 2017: -$287,0672017Revenue 2018: $1,519,142Expenses 2018: $1,229,264Net Income 2018: $289,8782018Revenue 2019: $1,895,719Expenses 2019: $1,517,049Net Income 2019: $378,6702019Revenue 2020: $2,684,973Expenses 2020: $1,650,844Net Income 2020: $1,034,1292020Revenue 2021: $1,825,645Expenses 2021: $1,711,075Net Income 2021: $114,5702021Revenue 2022: $924,409Expenses 2022: $1,551,900Net Income 2022: -$627,4912022Revenue 2023: $1,015,159Expenses 2023: $1,506,645Net Income 2023: -$491,4862023Revenue 2024: $1,280,891Expenses 2024: $1,612,514Net Income 2024: -$331,6232024

Highlighted filing

2017

Revenue$1,109,903
Expenses$1,396,970
Net Income-$287,067
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$1,109,903
Mission and Program Overview

Mission

The purpose of the corporation shall be to aquire, own, maintain, utilize and/or operate the rail line between the union pacific railroad company harbor yard in lake charles and the lake charles harbor terminal district's city docks and industrial canal in unincorporated calcasieu parish, a distance of approximately 15 miles, as well as other connecting rail lines and rail facilities, all in calcasieu parish for the purposes of promoting economic development in the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$220,379$129,910▼ $90,469
Accounts Receivable$354,617$37,012▼ $317,605
Prepaid Expenses and Deferred Charges$31,974$34,799▲ $2,825
Land, Buildings, and Equipment, Net$16,136$11,486▼ $4,650
Total Assets$634,665$213,207▼ $421,458
Other Assets Total$11,559$0▼ $11,559
Liabilities
Unsecured Notes Loans Payable$1,399,919$1,409,816▲ $9,897
Accounts Payable and Accrued Expenses$171,996$27,708▼ $144,288
Total Liabilities$1,571,915$1,437,524▼ $134,391
Net Assets / Fund Balance
Unrestricted Net Assets$-937,250$-1,224,317▼ $287,067
Total Net Assets Fund Balance$-937,250$-1,224,317▼ $287,067
Total Liabilities and Net Assets / Fund Balance$634,665$213,207▼ $421,458

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,486$11,762$23,248
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek MidkiffExecutive DirectorFT$135,050$21,015$156,065

Board Members and Trustees

NameTitle
Kay C BarnettPresident
Michael G EasonDirector
Richert SelfDirector
Ben BourgeoisSecretary
Fred R GodwinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,109,903
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-287,067

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,109,903
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,109,903
Total Revenue per Form 990
$1,109,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$783,629
Other Expenses$613,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$422,268$136,659-$558,927
Insurance-$145,807-$145,807
Payroll Taxes$88,735$21,395-$110,130
Other Employee Benefits$94,404$1,193-$95,597
Fees for Services Accounting-$57,400-$57,400
Interest-$29,182-$29,182
Office Expenses$16,798$3,815-$20,613
Pension Plan Contributions-$18,975-$18,975
All Other Expenses$6,884$3,786-$10,670
Other Expenses$8,278$9,827-$8,278
Fees for Services Management-$7,371-$7,371
Depreciation Depletion-$4,650-$4,650
Fees for Services Other-$4,461-$4,461
Advertising-$2,164-$2,164
Total Functional Expenses$947,265$449,705$0$1,396,970

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,396,970
Total Expenses per Audited Statements$1,396,970
Total Expenses per Form 990$1,396,970
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the executive director and secretary of the organization for accuracy and completeness, then presented to the other board members before filing.”

Form 990, Part VI, Section B, Line 12C

“Each board member must adhere to the policy and notify the executive board when there is a potential breach in the policy.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Port Rail Inc
EIN
45-3656118
Phone
3374933504
Address
150 MARINE STREET BOX 1, LAKE CHARLES, LA 70601

Signing Officer

Name
Derek Midkiff
Title
Executive Director
Phone
3374933504
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derek Midkiff
Formed
2011
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
5

Preparer

Firm
Bowers & Company Cpas Pllc
Address
120 MADISON ST - 1700 AXA TOWER II, SYRACUSE, NY 13202
Preparer
James Bowers
Phone
3152341100
Raw XML Appendix373 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0171996
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027708
IRS990/AccountsReceivableGrp/BOYAmt0354617
IRS990/AccountsReceivableGrp/EOYAmt037012
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THE CORPORATION SHALL BE TO AQUIRE, OWN, MAINTAIN, UTILIZE AND/OR OPERATE THE RAIL LINE BETWEEN THE UNION PACIFIC RAILROAD COMPANY HARBOR YARD IN LAKE CHARLES AND THE LAKE CHARLES HARBOR TERMINAL DISTRICT'S CITY DOCKS AND INDUSTRIAL CANAL IN UNINCORPORATED CALCASIEU PARISH, A DISTANCE OF APPROXIMATELY 15 MILES, AS WELL AS OTHER CONNECTING RAIL LINES AND RAIL FACILITIES, ALL IN CALCASIEU PARISH FOR THE PURPOSES OF PROMOTING ECONOMIC DEVELOPMENT IN THE REGION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02164
IRS990/AdvertisingGrp/TotalAmt02164
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03786
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06884
IRS990/AllOtherExpensesGrp/TotalAmt010670
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH M MOCCIARO
IRS990/BooksInCareOfDetail/PhoneNum03152341100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 MADISON ST - 1700 AXA TOWER II
IRS990/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013202
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0220379
IRS990/CashNonInterestBearingGrp/EOYAmt0129910
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0613341
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01109903
IRS990/CYRevenuesLessExpensesAmt0-287067
IRS990/CYSalariesCompEmpBnftPaidAmt0783629
IRS990/CYTotalExpensesAmt01396970
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01109903
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04650
IRS990/DepreciationDepletionGrp/TotalAmt04650
IRS990/Desc0ASSISTED THE LAKE CHARLES HARBOR & TERMINAL DISTRICT BY OPERATION OF A SHORT-LINE RAILROAD, CAR SWITCHING, AND OTHER NEEDED RAILS SERVICES THROUGHOUT THE YEAR. THESE SERVICES HELPED TO REDUCED THE BURDENS OF LOCAL GOVERNMENT AND ALLEVIATED RAIL CONGESTION WITHIN THE CALCASIEU PARISH AREA. THE ORGANIZATION ASPIRES TO BETTER UTILIZE RAIL RESOURCES OF CALCASIEU PARISH, SO THAT INDIVIDUAL COMMUNITIES MAY REACH THEIR COMMERCIAL POTENTIAL.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0947265
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt057400
IRS990/FeesForServicesAccountingGrp/TotalAmt057400
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07371
IRS990/FeesForServicesManagementGrp/TotalAmt07371
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04461
IRS990/FeesForServicesOtherGrp/TotalAmt04461
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt521015
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHERT SELF
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL G EASON
IRS990/Form990PartVIISectionAGrp/PersonNm2KAY C BARNETT
IRS990/Form990PartVIISectionAGrp/PersonNm3FRED R GODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN BOURGEOIS
IRS990/Form990PartVIISectionAGrp/PersonNm5DEREK MIDKIFF
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5135050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01109903
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0145807
IRS990/InsuranceGrp/TotalAmt0145807
IRS990/InterestGrp/ManagementAndGeneralAmt029182
IRS990/InterestGrp/TotalAmt029182
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011762
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016136
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011486
IRS990/LandBldgEquipCostOrOtherBssAmt023248
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE CORPORATION SHALL BE TO AQUIRE, OWN, MAINTAIN, UTILIZE AND/OR OPERATE THE RAIL LINE BETWEEN THE UNION PACIFIC RAILROAD COMPANY HARBOR YARD IN LAKE CHARLES AND THE LAKE CHARLES HARBOR TERMINAL DISTRICT'S CITY DOCKS AND INDUSTRIAL CANAL IN UNINCORPORATED CALCASIEU PARISH, A DISTANCE OF APPROXIMATELY 15 MILES, AS WELL AS OTHER CONNECTING RAIL LINES AND RAIL FACILITIES, ALL IN CALCASIEU PARISH FOR THE PURPOSES OF PROMOTING ECONOMIC DEVELOPMENT IN THE REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-937250
IRS990/NetAssetsOrFundBalancesEOYAmt0-1224317
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03815
IRS990/OfficeExpensesGrp/ProgramServicesAmt016798
IRS990/OfficeExpensesGrp/TotalAmt020613
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011559
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01193
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt094404
IRS990/OtherEmployeeBenefitsGrp/TotalAmt095597
IRS990/OtherExpensesGrp/Desc0RENT EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3FUEL EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29827
IRS990/OtherExpensesGrp/ProgramServicesAmt0286087
IRS990/OtherExpensesGrp/ProgramServicesAmt123811
IRS990/OtherExpensesGrp/ProgramServicesAmt28278
IRS990/OtherExpensesGrp/TotalAmt0289087
IRS990/OtherExpensesGrp/TotalAmt123831
IRS990/OtherExpensesGrp/TotalAmt29827
IRS990/OtherExpensesGrp/TotalAmt38278
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0136659
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0422268
IRS990/OtherSalariesAndWagesGrp/TotalAmt0558927
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021395
IRS990/PayrollTaxesGrp/ProgramServicesAmt088735
IRS990/PayrollTaxesGrp/TotalAmt0110130
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt018975
IRS990/PensionPlanContributionsGrp/TotalAmt018975
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031974
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034799
IRS990/PrincipalOfficerNm0DEREK MIDKIFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0480000
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01109903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01109903
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0800437
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01183449
IRS990/PYRevenuesLessExpensesAmt0-280513
IRS990/PYSalariesCompEmpBnftPaidAmt0663525
IRS990/PYTotalExpensesAmt01463962
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01183449
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-287067
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01109903
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011486
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011762
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023248
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01396970
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01109903
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011486
IRS990ScheduleD/TotalExpensesPerForm990Amt01396970
IRS990ScheduleD/TotalRevenuePerForm990Amt01109903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01109903
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01396970
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0135050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt015613
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEREK MIDKIFF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156065
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND SECRETARY OF THE ORGANIZATION FOR ACCURACY AND COMPLETENESS, THEN PRESENTED TO THE OTHER BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER MUST ADHERE TO THE POLICY AND NOTIFY THE EXECUTIVE BOARD WHEN THERE IS A POTENTIAL BREACH IN THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0634665
IRS990/TotalAssetsEOYAmt0213207
IRS990/TotalAssetsGrp/BOYAmt0634665
IRS990/TotalAssetsGrp/EOYAmt0213207
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0449705
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0947265
IRS990/TotalFunctionalExpensesGrp/TotalAmt01396970
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01571915
IRS990/TotalLiabilitiesEOYAmt01437524
IRS990/TotalLiabilitiesGrp/BOYAmt01571915
IRS990/TotalLiabilitiesGrp/EOYAmt01437524
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-937250
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1224317
IRS990/TotalOtherCompensationAmt021015
IRS990/TotalProgramServiceExpensesAmt0947265
IRS990/TotalProgramServiceRevenueAmt01109903
IRS990/TotalReportableCompFromOrgAmt0135050
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01109903
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01109903
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0634665
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0213207
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-937250
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1224317
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01399919
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01409816
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01611 W SALLIER ST
IRS990/USAddress/CityNm0LAKE CHARLES
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070601
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.PORTRAILLC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK MIDKIFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03374933504
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORT RAIL INC
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0453656118
ReturnHeader/Filer/PhoneNum03374933504
ReturnHeader/Filer/USAddress/AddressLine1Txt0150 MARINE STREET BOX 1
ReturnHeader/Filer/USAddress/CityNm0LAKE CHARLES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CDC5273FD2EC0170F5CBBD965B6176EAD47CA3A7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId006A94ACE466DB6D9D60A10B1E4A765C0F42F98B1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.122.120.34
ReturnHeader/FilingSecurityInformation/IPDt02018-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:49:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201317788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERS & COMPANY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 MADISON ST - 1700 AXA TOWER II
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013202
ReturnHeader/PreparerPersonGrp/PhoneNum03152341100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES BOWERS
ReturnHeader/ReturnTs02018-11-07T12:05:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$213,207
Liabilities
$1,437,524
Net assets
-$1,224,317
Revenue
$1,109,903
Expenses
$1,396,970
Net income
-$287,067
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.02$2.88$0.86$1.28$1.61$0.33
2023Detailed filing. Detailed filing data is available for this year.$2.27$2.80$0.53$1.02$1.51$0.49
2022Detailed filing. Detailed filing data is available for this year.$2.49$2.52$0.03$0.92$1.55$0.63
2021Detailed filing. Detailed filing data is available for this year.$1.70$1.11$0.59$1.83$1.71$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.92$0.48$2.68$1.65$1.03
2019Detailed filing. Detailed filing data is available for this year.$0.74$1.30$0.56$1.90$1.52$0.38
2018Detailed filing. Detailed filing data is available for this year.$0.20$1.13$0.93$1.52$1.23$0.29
2017Detailed filing. Detailed filing data is available for this year.$0.21$1.44$1.22$1.11$1.40$0.29
2016Summary only. Only limited summary data is available for this year.$0.63$1.57$0.94$1.18$1.46$0.28
2015Summary only. Only limited summary data is available for this year.$0.55$1.21$0.66$0.21$0.77$0.56
2014Summary only. Only limited summary data is available for this year.$0.00$0.09$0.09$0.00$0.04$0.04
2013Summary only. Only limited summary data is available for this year.$0.29$0.34$0.05$0.29$0.30$0.01