Civic Intelligence

Wabash River Trail Inc

EIN 47-2875936 • 501(c)3 • Wabash, IN

Profile

Provide trail access for outdoor recreation along the scenic wabash river- see schedule o for details

PO Box 810Wabash, IN 46992

www.wabashrivertrail.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

8.7%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

99th percentile

571%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$1,422,389

Up $114,044 (+8.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,422,389

Up $114,044 (+8.7%) from 2023

Revenue

Up

$174,573

Up $148,550 (+571%) from 2023

Expenses

Down

$66,299

Down $76,588 (-54%) from 2023

Net Income

Up

$108,274

Up $225,138 (+193%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $1,798,416Liabilities 2016: $25,000Net Assets 2016: $1,773,4162016Assets 2017: $892,158Liabilities 2017: $223Net Assets 2017: $891,9352017Assets 2018: $1,091,841Liabilities 2018: $3,139Net Assets 2018: $1,088,7022018Assets 2019: $1,041,896Liabilities 2019: $5,706Net Assets 2019: $1,036,1902019Assets 2022: $1,425,209Liabilities 2022: $0Net Assets 2022: $1,425,2092022Assets 2023: $1,308,345Liabilities 2023: $0Net Assets 2023: $1,308,3452023Assets 2024: $1,422,389Liabilities 2024: $0Net Assets 2024: $1,422,3892024

Highlighted filing

2024

Assets$1,422,389
Liabilities$0
Net Assets$1,422,389

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $2,176,472Expenses 2016: $403,056Net Income 2016: $1,773,4162016Revenue 2017: $5,584Expenses 2017: $890,815Net Income 2017: -$885,2312017Revenue 2018: $764,033Expenses 2018: $570,516Net Income 2018: $193,5172018Revenue 2019: $75,074Expenses 2019: $130,711Net Income 2019: -$55,6372019Revenue 2022: $397,475Expenses 2022: $97,383Net Income 2022: $300,0922022Revenue 2023: $26,023Expenses 2023: $142,887Net Income 2023: -$116,8642023Revenue 2024: $174,573Expenses 2024: $66,299Net Income 2024: $108,2742024

Highlighted filing

2024

Revenue$174,573
Expenses$66,299
Net Income$108,274

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.0
Gross Receipts
$174,573
Mission and Program Overview

Mission

Provide trail access for outdoor recreation along the scenic wabash river- see schedule o for details

Provide trail access for outdoor recreation along the scenic wabash river

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$540,355$724,541▲ $184,186
Cash and Non-Interest-Bearing Accounts$767,990$697,848▼ $70,142
Total Assets$1,308,345$1,422,389▲ $114,044
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,308,345$1,422,389▲ $114,044
Total Net Assets Fund Balance$1,308,345$1,422,389▲ $114,044
Total Liabilities and Net Assets / Fund Balance$1,308,345$1,422,389▲ $114,044

Asset Categories

AssetBook ValueDepreciationBasis
Land$470,238-$470,238
Buildings$247,614$34,229$281,843
Equipment$6,689$109,629$116,318
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy FordPresident
Dean DavenportSecretary
Justin GillespieVice Pres./
Revenue and Support

Revenue Composition

Contributions and Grants
$152,905
Program Service Revenue
$0
Investment Income
$21,591
Other Revenue
$77
All Other Contributions
$152,905
Change in Net Assets
$108,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$19,147--$19,147
Insurance$4,192$4,193-$8,385
Other Expenses$3,850$1,065-$3,850
All Other Expenses$332$780-$1,112
Fees for Services Accounting-$935-$935
Information Technology-$423-$423
Office Expenses-$280-$280
Total Functional Expenses$58,623$7,676$0$66,299
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Each member of the board of directors to review the form 990 and applicable schedules and approve prior to submission to irs. Wrt will not file the 990 until the board formally approves such filing at its board meeting.

Form 990, Page 6, Part VI, Line 12C

Wrt has a conflict of interest policy and form that each board member is required to complete annually to implement this policy, board members submit annual reports on the conflict of interest forms at board meeting and, if not previously disclosed, will make disclosure prior to any relevant board action. These reports will be reviewed by the board, which will attempt to resolve any action or potential conflict and, in absence of resolution, refer the matter to the board of directors.

Form 990, Page 6, Part VI, Line 19

Wrt's governing documents conflick of interest policy, financial statements and form 1013 are available upon request, wrt reserves the right to charge a reasonable copying fee plus actual postage for multiple copies requested from same individual or related groups of individuals.

Filing and Contact Details

Filer

Filer Name
Wabash River Trail Inc
EIN
47-2875936
Phone
2605711138
Address
PO BOX 810, WABASH, IN 46992

Signing Officer

Name
Amy Ford
Title
President
Phone
2605711138
Signed
2025-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Ford
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
20

Preparer

Firm
REA LOGAN & CO LLC CPA'S
Address
PO BOX 317, WABASH, IN 46992-0317
Preparer
Alan Smith CPA
Phone
2605631141
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Trail development - since its inception, the vision of wrt is to create a multi-use trail along the wabash river corridor that will provide a quality of life improvement designed to capitalize on the natural beauty of the wabash river, boost economic developement, and promote community wellness. Wrt started phase 1a of the trail in 2016 located in the town of lagro and subsequently added a restroom, improved boat launch, installed two trail bridges and made significant improvements to the pole barn in 2021, the wabash river trail phase 1b was completed, which was 5.5 miles in length and now connects wabash to lagro. Wrt satisifed the requirements from next level trail grant that was awarded in 2019 from the indiana department of natural resources, and all land easments were finalized, recorded and paid. Also, extensive signage plan was installed in largo, along the trail and through paradise spring park, which directs visitors to the trail and local attractions near the trail as well as an overlook area was created giving trail users an optimal view of the wabash river.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS TO REVIEW THE FORM 990 AND APPLICABLE SCHEDULES AND APPROVE PRIOR TO SUBMISSION TO IRS. WRT WILL NOT FILE THE 990 UNTIL THE BOARD FORMALLY APPROVES SUCH FILING AT ITS BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WRT HAS A CONFLICT OF INTEREST POLICY AND FORM THAT EACH BOARD MEMBER IS REQUIRED TO COMPLETE ANNUALLY TO IMPLEMENT THIS POLICY, BOARD MEMBERS SUBMIT ANNUAL REPORTS ON THE CONFLICT OF INTEREST FORMS AT BOARD MEETING AND, IF NOT PREVIOUSLY DISCLOSED, WILL MAKE DISCLOSURE PRIOR TO ANY RELEVANT BOARD ACTION. THESE REPORTS WILL BE REVIEWED BY THE BOARD, WHICH WILL ATTEMPT TO RESOLVE ANY ACTION OR POTENTIAL CONFLICT AND, IN ABSENCE OF RESOLUTION, REFER THE MATTER TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WRT'S GOVERNING DOCUMENTS CONFLICK OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 1013 ARE AVAILABLE UPON REQUEST, WRT RESERVES THE RIGHT TO CHARGE A REASONABLE COPYING FEE PLUS ACTUAL POSTAGE FOR MULTIPLE COPIES REQUESTED FROM SAME INDIVIDUAL OR RELATED GROUPS OF INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01308345
IRS990/TotalAssetsEOYAmt01422389
IRS990/TotalAssetsGrp/BOYAmt01308345
IRS990/TotalAssetsGrp/EOYAmt01422389
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0152905
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07676
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt058623
IRS990/TotalFunctionalExpensesGrp/TotalAmt066299
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01308345
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01422389
IRS990/TotalProgramServiceExpensesAmt058623
IRS990/TotalRevenueGrp/ExclusionAmt021668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0174573
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01308345
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01422389
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 W WATER WORKS RD
IRS990/USAddress/CityNm0WABASH
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046992
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.WABASHRIVERTRAIL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY FORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02605711138
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WABASH RIVER TRAIL INC
ReturnHeader/Filer/BusinessNameControlTxt0WABA
ReturnHeader/Filer/EIN0472875936
ReturnHeader/Filer/PhoneNum02605711138
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 810
ReturnHeader/Filer/USAddress/CityNm0WABASH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046992
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261194602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REA LOGAN & CO LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 317
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WABASH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0469920317
ReturnHeader/PreparerPersonGrp/PhoneNum02605631141
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN SMITH CPA
ReturnHeader/ReturnTs02025-08-05T12:06:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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