Civic Intelligence

Louisville & Nashville Railroad

990 • Fiscal year 2019 • EIN 61-1140323

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 23, 2020

PO Box 17122Louisville, KY 40217-0122

(513) 313-1052

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

62nd percentile

9.2%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

1.6%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$354,330

Up $5,472 (+1.6%) from 2018

Net Assets

Up

$354,323

Up $5,513 (+1.6%) from 2018

Liabilities

Down

$7

Down $41 (-85%) from 2018

Revenue

Up

$60,172

Up $6,162 (+11%) from 2018

Expenses

Up

$54,659

Up $3,323 (+6.5%) from 2018

Net Income

Up

$5,513

Up $2,839 (+106%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2008: $331,816Liabilities 2008: $0Net Assets 2008: $331,8162008Assets 2009: $346,320Liabilities 2009: $0Net Assets 2009: $346,3202009Assets 2010: $355,355Liabilities 2010: $0Net Assets 2010: $355,3552010Assets 2013: $354,823Liabilities 2013: $0Net Assets 2013: $354,8232013Assets 2014: $347,731Liabilities 2014: $0Net Assets 2014: $347,7312014Assets 2015: $354,639Liabilities 2015: $0Net Assets 2015: $354,6392015Assets 2016: $351,990Liabilities 2016: $0Net Assets 2016: $351,9902016Assets 2017: $346,149Liabilities 2017: $13Net Assets 2017: $346,1362017Assets 2018: $348,858Liabilities 2018: $48Net Assets 2018: $348,8102018Assets 2019: $354,330Liabilities 2019: $7Net Assets 2019: $354,3232019Assets 2020: $357,115Liabilities 2020: $69Net Assets 2020: $357,0462020Assets 2021: $357,943Liabilities 2021: $995Net Assets 2021: $356,9482021Assets 2022: $373,003Liabilities 2022: $1,587Net Assets 2022: $371,4162022Assets 2023: $360,764Liabilities 2023: $1,534Net Assets 2023: $359,2302023Assets 2024: $383,149Liabilities 2024: $1,598Net Assets 2024: $381,5512024Assets 2025: $384,126Liabilities 2025: $3,381Net Assets 2025: $380,7452025

Highlighted filing

2019

Assets$354,330
Liabilities$7
Net Assets$354,323

Operations Trend

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

$100K$50K$0-$50KRevenue 2008: $68,109Expenses 2008: $53,585Net Income 2008: $14,5242008Revenue 2009: $62,385Expenses 2009: $47,881Net Income 2009: $14,5042009Revenue 2010: $17,913Expenses 2010: $8,878Net Income 2010: $9,0352010Revenue 2013: $21,008Expenses 2013: $23,064Net Income 2013: -$2,0562013Revenue 2014: $45,637Expenses 2014: $52,729Net Income 2014: -$7,0922014Revenue 2015: $60,501Expenses 2015: $53,593Net Income 2015: $6,9082015Revenue 2016: $53,847Expenses 2016: $56,496Net Income 2016: -$2,6492016Revenue 2017: $44,083Expenses 2017: $49,937Net Income 2017: -$5,8542017Revenue 2018: $54,010Expenses 2018: $51,336Net Income 2018: $2,6742018Revenue 2019: $60,172Expenses 2019: $54,659Net Income 2019: $5,5132019Revenue 2020: $41,548Expenses 2020: $38,825Net Income 2020: $2,7232020Revenue 2021: $52,647Expenses 2021: $52,745Net Income 2021: -$982021Revenue 2022: $57,520Expenses 2022: $43,052Net Income 2022: $14,4682022Revenue 2023: $50,685Expenses 2023: $62,871Net Income 2023: -$12,1862023Revenue 2024: $77,927Expenses 2024: $55,606Net Income 2024: $22,3212024Revenue 2025: $75,462Expenses 2025: $76,268Net Income 2025: -$8062025

Highlighted filing

2019

Revenue$60,172
Expenses$54,659
Net Income$5,513
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 23, 2020
Return Version
2019v5.0
Gross Receipts
$62,827
Mission and Program Overview

Mission

To engage in the collection and preservation of information, vestige, artifacts and other items of historical and technical interest concerning the louisville & nashville railroad, its predecessors and successors, and subsidiaries, as it was merged into the seaboard historical

To engage in the collection and preservation of information, vestige, artifacts and other items of historical and technical interest concerning the louisville & nashville railroad, its predecessors and successors, and subsidiaries, as it was merged into the seaboard system railroad and all subsequent mergers into other companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$325,006$333,134▲ $8,128
Cash and Non-Interest-Bearing Accounts$14,573$12,220▼ $2,353
Inventories for Sale or Use$9,279$8,976▼ $303
Total Assets$348,858$354,330▲ $5,472
Liabilities
Other Liabilities$48$7▼ $41
Total Liabilities$48$7▼ $41
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$348,810$354,323▲ $5,513
Total Net Assets Fund Balance$348,810$354,323▲ $5,513
Total Liabilities and Net Assets / Fund Balance$348,858$354,330▲ $5,472
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lee GordonPresident
Al OswaldDirector
Keith KittingerDirector
Lee SingletaryDirector
Mike DowellDirector
Ron FlanaryDirector
Alan BaliusSecretary
John LandrumTreasurer
David OrrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,890
Program Service Revenue
$37,628
Investment Income
$8,206
Other Revenue
$7,448
All Other Contributions
$6,890
Change in Net Assets
$5,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,659
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$11,253--$11,253
Grants to Domestic Orgs$5,000--$5,000
Office Expenses$3,031$687-$3,718
Insurance-$2,135-$2,135
Fees for Services Other$1,702--$1,702
Advertising$1,400--$1,400
Fees for Services Accounting-$800-$800
Other Expenses$15--$15
Fees for Services Legal-$15-$15
Total Functional Expenses$51,022$3,637$0$54,659
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
Paypal Tax Agency$7
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
The Louisville & Nashville
EIN
61-1140323
Address
PO BOX 17122, LOUISVILLE, KY 40217-0122

Signing Officer

Name
John Landrum
Title
Treasurer
Signed
2020-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Gordon
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
PELFREY & COMPANY CPA'S INC
Address
10855 INDECO DRIVE, CINCINNATI, OH 45241
Preparer
David M Pelfrey CPA
Phone
5137931200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To engage in the collection and preservation of information, vestige, artifacts and other items of historical and technical interest concerning the louisville & nashville railroad, its predecessors and successors, and subsidiaries, as it was merged into the seaboard system railroad and all subsequent mergers into other companies.

Raw XML Appendix380 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.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt056163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064722
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ENGAGE IN THE COLLECTION AND PRESERVATION OF INFORMATION, VESTIGE, ARTIFACTS AND OTHER ITEMS OF HISTORICAL AND TECHNICAL INTEREST CONCERNING THE LOUISVILLE & NASHVILLE RAILROAD, ITS PREDECESSORS AND SUCCESSORS, AND SUBSIDIARIES, AS IT WAS MERGED INTO THE SEABOARD SYSTEM RAILROAD AND ALL SUBSEQUENT MERGERS INTO OTHER COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalAssetsEOYAmt0354330
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051022
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceExpensesAmt051022
IRS990/TotalProgramServiceRevenueAmt037628
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt044976
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt060172
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0348858
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0354330
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IRS990/UponRequestInd0X
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN LANDRUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LOUISVILLE & NASHVILLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HISTORICAL SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0LOUI
ReturnHeader/Filer/EIN0611140323
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 17122
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04973856A63B4B3465331883D7CC536F4A18F47A2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.68.167.206
ReturnHeader/FilingSecurityInformation/IPDt02020-01-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:00:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311712761
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PELFREY & COMPANY CPA'S INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010855 INDECO DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045241
ReturnHeader/PreparerPersonGrp/PhoneNum05137931200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M PELFREY CPA
ReturnHeader/ReturnTs02020-01-24T11:00:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.84$0.03$3.81$0.75$0.76$0.01
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.02$3.82$0.78$0.56$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.61$0.02$3.59$0.51$0.63$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.73$0.02$3.71$0.58$0.43$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.58$0.01$3.57$0.53$0.53$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$0.42$0.39$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.54$0.60$0.55$0.06
2018Summary only. Only limited summary data is available for this year.$3.49$0.00$3.49$0.54$0.51$0.03
2017Summary only. Only limited summary data is available for this year.$3.46$0.00$3.46$0.44$0.50$0.06
2016Summary only. Only limited summary data is available for this year.$3.52$0.00$3.52$0.54$0.56$0.03
2015Summary only. Only limited summary data is available for this year.$3.55$0.00$3.55$0.61$0.54$0.07
2014Summary only. Only limited summary data is available for this year.$3.48$0.00$3.48$0.46$0.53$0.07
2013Summary only. Only limited summary data is available for this year.$3.55$0.00$3.55$0.21$0.23$0.02
2010Summary only. Only limited summary data is available for this year.$3.55$0.00$3.55$0.18$0.09$0.09
2009Summary only. Only limited summary data is available for this year.$3.46$0.00$3.46$0.62$0.48$0.15
2008Summary only. Only limited summary data is available for this year.$3.32$0.00$3.32$0.68$0.54$0.15