Civic Intelligence

Colebrookdale Railroad Preservation Trust

EIN 45-4265442 • 501(c)3 • Boyertown, PA

Profile

Establishing an ongoing tourist passenger operation on the colebrookdale reailroad. Colebrookdale reailroad's goal is to restore and enhance this remarkable resource for the benefit of the people of southeastern pennsvania. Work to build our regions tourism and travel

100 S Chestnut StBoyertown, PA 19512

www.colebrookdalerailroad.com

Siviq Scores

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

Liabilities / Assets

38th percentile

0.11x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.47x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

30th percentile

0.2%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-17%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$31,750,945

Up $51,169 (+0.2%) from 2023

Liabilities

Down

$3,633,910

Down $5,421,656 (-60%) from 2023

Net Assets

Up

$28,117,035

Up $5,472,825 (+24%) from 2023

Revenue

Down

$7,725,604

Down $1,563,367 (-17%) from 2023

Expenses

Up

$2,252,653

Up $114,405 (+5.4%) from 2023

Net Income

Down

$5,472,951

Down $1,677,772 (-23%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2013: $93,486Liabilities 2013: $3,3552013Assets 2014: $616,247Liabilities 2014: $504,560Net Assets 2014: $111,6872014Assets 2015: $1,103,166Liabilities 2015: $766,540Net Assets 2015: $336,6262015Assets 2016: $1,560,289Liabilities 2016: $783,439Net Assets 2016: $776,8502016Assets 2017: $2,457,506Liabilities 2017: $1,097,620Net Assets 2017: $1,359,8862017Assets 2018: $3,782,959Liabilities 2018: $1,326,324Net Assets 2018: $2,456,6352018Assets 2019: $5,161,889Liabilities 2019: $1,937,485Net Assets 2019: $3,224,4042019Assets 2020: $7,513,058Liabilities 2020: $2,182,565Net Assets 2020: $5,330,4932020Assets 2021: $9,432,146Liabilities 2021: $2,178,046Net Assets 2021: $7,254,1002021Assets 2022: $18,332,216Liabilities 2022: $2,838,727Net Assets 2022: $15,493,4892022Assets 2023: $31,699,776Liabilities 2023: $9,055,566Net Assets 2023: $22,644,2102023Assets 2024: $31,750,945Liabilities 2024: $3,633,910Net Assets 2024: $28,117,0352024

Highlighted filing

2024

Assets$31,750,945
Liabilities$3,633,910
Net Assets$28,117,035

Operations Trend

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

$10M$5.0M$0Revenue 2013: $119,296Expenses 2013: $25,060Net Income 2013: $94,2362013Revenue 2014: $357,749Expenses 2014: $336,193Net Income 2014: $21,5562014Revenue 2015: $917,162Expenses 2015: $692,223Net Income 2015: $224,9392015Revenue 2016: $1,249,395Expenses 2016: $809,171Net Income 2016: $440,2242016Revenue 2017: $1,689,107Expenses 2017: $1,134,484Net Income 2017: $554,6232017Revenue 2018: $2,264,341Expenses 2018: $1,167,592Net Income 2018: $1,096,7492018Revenue 2019: $2,438,739Expenses 2019: $1,670,970Net Income 2019: $767,7692019Revenue 2020: $3,310,533Expenses 2020: $1,204,444Net Income 2020: $2,106,0892020Revenue 2021: $3,631,027Expenses 2021: $1,707,420Net Income 2021: $1,923,6072021Revenue 2022: $9,133,135Expenses 2022: $2,126,063Net Income 2022: $7,007,0722022Revenue 2023: $9,288,971Expenses 2023: $2,138,248Net Income 2023: $7,150,7232023Revenue 2024: $7,725,604Expenses 2024: $2,252,653Net Income 2024: $5,472,9512024

Highlighted filing

2024

Revenue$7,725,604
Expenses$2,252,653
Net Income$5,472,951

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 17, 2025
Return Version
2024v5.2
Gross Receipts
$7,915,561
Mission and Program Overview

Mission

Establishing an ongoing tourist passenger operation on the colebrookdale railroad. Colebrookdale railroad's goal is to restore and enhance this remarkable resource for the benefit of the people of southeastern pennsylvania.

Maintain and restore the colebrookdale railroad and trains. Transforming a civil war era railroad and greenway into an engine of community and economic development. Our railbikes enable young, old, and persons with disibilies to exercise in nature

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$22,347,526$21,084,519▼ $1,263,007
Land, Buildings, and Equipment, Net$9,345,975$10,655,075▲ $1,309,100
Inventories for Sale or Use$6,275$6,351▲ $76
Total Assets$31,699,776$31,750,945▲ $51,169
Other Assets Total-$5,000-
Liabilities
Other Liabilities$2,223,162$2,734,574▲ $511,412
Mortgage Notes Payable Secured by Investment Property$6,565,873$778,224▼ $5,787,649
Accounts Payable and Accrued Expenses$266,531$121,112▼ $145,419
Total Liabilities$9,055,566$3,633,910▼ $5,421,656
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,004,210$27,477,035▲ $5,472,825
Net Assets With Donor Restrictions$640,000$640,000→ $0
Total Net Assets Fund Balance$22,644,210$28,117,035▲ $5,472,825
Total Liabilities and Net Assets / Fund Balance$31,699,776$31,750,945▲ $51,169

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,266,237$816,980$7,083,217
Equipment$4,388,838$1,864,780$6,253,618
Land$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert WadePresident & Secretary
Nathaniel GuestExecutive Director & Vice President
George WausnockMember
James W LeaMember
John WeidenhammerMember
Josh AlderferMember
Maragret SeltmanMember
Matthew HillmanMember
Revenue and Support

Revenue Composition

Contributions and Grants
$4,346,892
Program Service Revenue
$1,926,792
Investment Income
$853,773
Other Revenue
$598,147
All Other Contributions
$4,346,892
Change in Net Assets
$5,472,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,312,181
Salaries, Compensation, and Employee Benefits$940,472
Total Fundraising Expense$4,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$711,789$0$0$711,789
Depreciation Depletion$579,819$0$0$579,819
All Other Expenses$431,984$0$0$431,984
Payroll Taxes$210,826$0$0$210,826
Insurance$102,547$0$0$102,547
Occupancy$58,895$11,043$3,681$73,619
Interest$40,008$0$0$40,008
Advertising$30,972$0$0$30,972
Fees for Services Accounting$0$29,125$0$29,125
Other Employee Benefits$17,857$0$0$17,857
Office Expenses$9,668$1,813$604$12,085
Fees for Services Legal$0$12,022$0$12,022
Total Functional Expenses$2,194,365$54,003$4,285$2,252,653
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$2,314,540
Other Liabilities$420,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Colebrookdale Railroad Preservation Trust
EIN
45-4265442
Phone
6104133345
Address
100 S Chestnut St, Boyertown, PA 19512

Signing Officer

Name
Nathanial Guest
Title
President
Phone
6104133345
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathanial Guest
Formed
2010
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
79
Volunteers
15

Preparer

Firm
Brian C Goodman & Associates PC
Address
6083 Route 100, New Tripoli, PA 18066
Preparer
Brian C Goodman
Phone
6107679560
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Circulated electronically

Pt VI, Line 8A

none

Pt VI, Line 8B

no

Pt VI, Line 15A

Industry standard

Pt VI, Line 15B

Industry standard

Form 990, Part IX, Line 24E

Information Technology 1027. 1027. 0. 0.

Form 990, Part IX, Line 24E

Property Taxes 18719. 18719. 0. 0.

Form 990, Part IX, Line 24E

Telephone 6336. 6336. 0. 0.

Form 990, Part IX, Line 24E

Ticketing System 24899. 24899. 0. 0.

Form 990, Part IX, Line 24E

Train Maintenance 302906. 302906. 0. 0.

Form 990, Part IX, Line 24E

Utilities 78097. 78097. 0. 0.

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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Ticket Sales
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01926792
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07119454
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0292643
IRS990/PYOtherExpensesAmt01314226
IRS990/PYOtherRevenueAmt093346
IRS990/PYProgramServiceRevenueAmt01783528
IRS990/PYRevenuesLessExpensesAmt07150723
IRS990/PYSalariesCompEmpBnftPaidAmt0824022
IRS990/PYTotalExpensesAmt02138248
IRS990/PYTotalRevenueAmt09288971
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05472951
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt051836
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07725604
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022347526
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021084519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04346892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07119454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07525132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02199112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021190590
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0853773
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0283048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016318
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04447
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01157586
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94820
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt021190590
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04346892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07119454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07525132
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02199112
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021190590
IRS990ScheduleA/TotalSupportAmt022348176
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06266237
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0816980
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07083217
IRS990ScheduleD/EquipmentGrp/BookValueAmt04388838
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01864780
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06253618
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02314540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1420034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Current Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010655075
IRS990ScheduleD/TotalLiabilityAmt02734574
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Circulated electronically
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1none
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2no
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Industry standard
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Industry standard
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Information Technology 1027. 1027. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Property Taxes 18719. 18719. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Telephone 6336. 6336. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Ticketing System 24899. 24899. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Train Maintenance 302906. 302906. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Utilities 78097. 78097. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt031699776
IRS990/TotalAssetsEOYAmt031750945
IRS990/TotalAssetsGrp/BOYAmt031699776
IRS990/TotalAssetsGrp/EOYAmt031750945
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04346892
IRS990/TotalEmployeeCnt079
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04285
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054003
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02194365
IRS990/TotalFunctionalExpensesGrp/TotalAmt02252653
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09055566
IRS990/TotalLiabilitiesEOYAmt03633910
IRS990/TotalLiabilitiesGrp/BOYAmt09055566
IRS990/TotalLiabilitiesGrp/EOYAmt03633910
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022644210
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt028117035
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02194365
IRS990/TotalProgramServiceRevenueAmt01926792
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03378712
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07725604
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031699776
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031750945
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0100 S Chestnut St
IRS990/USAddress/CityNm0Boyertown
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019512
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nathanial Guest

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