Civic Intelligence

Lost Railway Museum

EIN 47-5410254 • 501(c)3 • Grass Lake, MI

Profile

Demonstrate the vital role railroads and interurban railway system played in the growth of grass lake area as well as michigan by displaying an actual electric interurban rail car and related artifacts.

PO Box 574Grass Lake, MI 49240

www.lostrailwaymuseum.org

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

37th percentile

-0.3%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

72nd percentile

24%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,257,834

Down $4,122 (-0.3%) from 2024

Liabilities

Down

$29,296

Down $45,049 (-61%) from 2024

Net Assets

Up

$1,228,538

Up $40,927 (+3.4%) from 2024

Revenue

Up

$223,894

Up $43,024 (+24%) from 2024

Expenses

Up

$182,967

Up $22,509 (+14%) from 2024

Net Income

Up

$40,927

Up $20,515 (+101%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $250Liabilities 2015: $02015Assets 2016: $529,741Liabilities 2016: $65,346Net Assets 2016: $464,3952016Assets 2017: $1,117,842Liabilities 2017: $467,757Net Assets 2017: $650,0852017Assets 2018: $1,049,527Liabilities 2018: $295,199Net Assets 2018: $754,3282018Assets 2019: $1,057,876Liabilities 2019: $261,148Net Assets 2019: $796,7282019Assets 2020: $1,066,536Liabilities 2020: $264,675Net Assets 2020: $801,8612020Assets 2021: $1,066,504Liabilities 2021: $148,344Net Assets 2021: $918,1602021Assets 2022: $1,237,813Liabilities 2022: $174,954Net Assets 2022: $1,062,8592022Assets 2023: $1,268,044Liabilities 2023: $100,845Net Assets 2023: $1,167,1992023Assets 2024: $1,261,956Liabilities 2024: $74,345Net Assets 2024: $1,187,6112024Assets 2025: $1,257,834Liabilities 2025: $29,296Net Assets 2025: $1,228,5382025

Highlighted filing

2025

Assets$1,257,834
Liabilities$29,296
Net Assets$1,228,538

Operations Trend

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

$600K$400K$200K$0Revenue 2015: $250Expenses 2015: $0Net Income 2015: $2502015Revenue 2016: $484,638Expenses 2016: $20,493Net Income 2016: $464,1452016Revenue 2017: $265,127Expenses 2017: $79,437Net Income 2017: $185,6902017Revenue 2018: $217,907Expenses 2018: $113,664Net Income 2018: $104,2432018Revenue 2019: $173,980Expenses 2019: $131,580Net Income 2019: $42,4002019Revenue 2020: $129,418Expenses 2020: $124,285Net Income 2020: $5,1332020Revenue 2021: $223,250Expenses 2021: $106,951Net Income 2021: $116,2992021Revenue 2022: $292,513Expenses 2022: $147,814Net Income 2022: $144,6992022Revenue 2023: $288,094Expenses 2023: $183,754Net Income 2023: $104,3402023Revenue 2024: $180,870Expenses 2024: $160,458Net Income 2024: $20,4122024Revenue 2025: $223,894Expenses 2025: $182,967Net Income 2025: $40,9272025

Highlighted filing

2025

Revenue$223,894
Expenses$182,967
Net Income$40,927

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 3, 2026
Return Version
2025v4.0
Gross Receipts
$261,280
Mission and Program Overview

Mission

Demonstrate the vital role railroads and interurban railway system played in the growth of grass lake area as well as michigan by displaying an actual electric interurban rail car and related artifacts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,223,123$1,195,122▼ $28,001
Cash and Non-Interest-Bearing Accounts$33,564$60,344▲ $26,780
Inventories for Sale or Use$3,405$2,368▼ $1,037
Prepaid Expenses and Deferred Charges$1,864--
Total Assets$1,261,956$1,257,834▼ $4,122
Liabilities
Unsecured Notes Loans Payable$74,167$29,167▼ $45,000
Other Liabilities$178$129▼ $49
Total Liabilities$74,345$29,296▼ $45,049
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,187,611$1,228,538▲ $40,927
Total Net Assets Fund Balance$1,187,611$1,228,538▲ $40,927
Total Liabilities and Net Assets / Fund Balance$1,261,956$1,257,834▼ $4,122

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$837,064$163,313$1,000,377
Land$285,084-$285,084
Other Land Buildings$72,974$30,535$103,509
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil WillisPresident
Dawn CuddieDirector
Jamie WillisDirector
Janet EppDirector
Jim StormontDirector
Matt MckernanDirector
Paula AutryDirector
Sandra RichardsDirector
Steve RudolphDirector
Wendy ChidoDirector
Darlene ScoutenSecretary
Connie WortmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$183,370
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$40,524
All Other Contributions
$183,370
Change in Net Assets
$40,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,967
Total Fundraising Expense$32,533
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$26,671$35,500$31,500$93,671
Depreciation Depletion$25,200$2,800-$28,000
Occupancy$14,841$1,649-$16,490
Advertising$11,911--$11,911
Insurance$6,763$751-$7,514
Office Expenses$2,697$578$578$3,853
Interest$2,499$278-$2,777
Other Expenses$1,667$455$455$1,667
Fees for Services Accounting-$900-$900
All Other Expenses-$319-$319
Total Functional Expenses$107,204$43,230$32,533$182,967
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$72,738
Fundraising Direct Expenses$35,911
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Oktoberfest$49,008$49,008$11,811$37,197
Golf Outing$23,730$23,730$500$23,230
Total Events$72,738$72,738$35,911$36,827
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$129
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 2

Phil willis jamie willis president director family member

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

The 990 is provided to the full board prior to submission and is reviewed in depth by key board members.

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

Each officer signed an independence report upon joining the board and annually thereafter. All conflicts are addressed.

Form 990, Page 6, Part VI, Line 19

Governing documents made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lost Railway Museum
EIN
47-5410254
Phone
5175229500
Address
PO BOX 574, GRASS LAKE, MI 49240

Signing Officer

Name
Phil Willis
Title
President
Phone
5177888660
Signed
2026-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Willis
Formed
2015
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
100

Preparer

Firm
Willis & Jurasek Pc Cpas
Address
4100 SPRING ARBOR ROAD, JACKSON, MI 49201-9306
Preparer
Phil S Willis CPA
Phone
5177888660
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0274306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0211087
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0450
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014013
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt074867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt025902
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01909
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02139
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01624
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033700
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48720
IRS990ScheduleA/PublicSupportPY170Pct00.48890
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IRS990ScheduleA/SubstantialContributorsTotAmt0555398
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0183370
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0175948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0283744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0274306
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0211087
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01128455
IRS990ScheduleA/TotalSupportAmt01176168
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0837064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0163313
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01000377
IRS990ScheduleD/LandGrp/BookValueAmt0285084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0285084
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072974
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030535
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0103509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
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IRS990ScheduleD/TotalLiabilityAmt0129
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0500
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05515
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09871
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PHIL WILLIS JAMIE WILLIS PRESIDENT DIRECTOR FAMILY MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PROVIDED TO THE FULL BOARD PRIOR TO SUBMISSION AND IS REVIEWED IN DEPTH BY KEY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OFFICER SIGNED AN INDEPENDENCE REPORT UPON JOINING THE BOARD AND ANNUALLY THEREAFTER. ALL CONFLICTS ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043230
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107204
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182967
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt074345
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01187611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01228538
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IRS990/TotalRevenueGrp/ExclusionAmt019713
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt029167
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0824 BROWNS LAKE DR
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049203
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010

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