Civic Intelligence

Austin Steam Train Association Incorporated

990 • Fiscal year 2018 • EIN 74-2553832

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

401 E Whitestone Blvd No C-100Cedar Park, TX 78613

(512) 477-8468

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$319,684

Up $13,415 (+4.4%) from 2017

Net Assets

Up

-$216,618

Up $43,167 (+17%) from 2017

Liabilities

Down

$536,302

Down $29,752 (-5.3%) from 2017

Revenue And Expenses

Revenue

Up

$1,547,589

Up $48,754 (+3.3%) from 2017

Expenses

Down

$1,503,479

Down $287,999 (-16%) from 2017

Net Income

Up

$44,110

Up $336,753 (+115%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $937,594Liabilities 2010: $790,635Net Assets 2010: $146,9592010Assets 2011: $674,372Liabilities 2011: $658,570Net Assets 2011: $15,8022011Assets 2012: $543,615Liabilities 2012: $609,734Net Assets 2012: -$66,1192012Assets 2013: $949,905Liabilities 2013: $1,097,541Net Assets 2013: -$147,6362013Assets 2014: $818,714Liabilities 2014: $915,864Net Assets 2014: -$97,1502014Assets 2015: $781,936Liabilities 2015: $861,935Net Assets 2015: -$79,9992015Assets 2016: $795,291Liabilities 2016: $762,433Net Assets 2016: $32,8582016Assets 2017: $306,269Liabilities 2017: $566,054Net Assets 2017: -$259,7852017Assets 2018: $319,684Liabilities 2018: $536,302Net Assets 2018: -$216,6182018Assets 2018: $453,991Liabilities 2018: $214,799Net Assets 2018: $239,1922018Assets 2019: $421,616Liabilities 2019: $198,775Net Assets 2019: $222,8412019Assets 2020: $439,654Liabilities 2020: $337,281Net Assets 2020: $102,3732020Assets 2021: $552,750Liabilities 2021: $388,569Net Assets 2021: $164,1812021Assets 2022: $537,596Liabilities 2022: $356,844Net Assets 2022: $180,7522022Assets 2023: $925,042Liabilities 2023: $369,583Net Assets 2023: $555,4592023Assets 2024: $1,096,356Liabilities 2024: $284,481Net Assets 2024: $811,8752024

Highlighted filing

2018

Assets$319,684
Liabilities$536,302
Net Assets-$216,618

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,412,550Expenses 2010: $1,589,547Net Income 2010: -$176,9972010Expenses 2011: $1,488,8352011Expenses 2012: $1,417,2432012Revenue 2013: $1,371,979Expenses 2013: $1,453,496Net Income 2013: -$81,5172013Revenue 2014: $1,488,246Expenses 2014: $1,477,760Net Income 2014: $10,4862014Revenue 2015: $1,648,106Expenses 2015: $1,630,955Net Income 2015: $17,1512015Revenue 2016: $1,915,740Expenses 2016: $1,802,883Net Income 2016: $112,8572016Revenue 2017: $1,498,835Expenses 2017: $1,791,478Net Income 2017: -$292,6432017Revenue 2018: $1,547,589Expenses 2018: $1,503,479Net Income 2018: $44,1102018Revenue 2018: $1,691,914Expenses 2018: $1,501,282Net Income 2018: $190,6322018Revenue 2019: $1,341,039Expenses 2019: $1,357,390Net Income 2019: -$16,3512019Revenue 2020: $803,143Expenses 2020: $923,611Net Income 2020: -$120,4682020Revenue 2021: $1,219,752Expenses 2021: $1,187,238Net Income 2021: $32,5142021Revenue 2022: $1,403,107Expenses 2022: $1,378,719Net Income 2022: $24,3882022Revenue 2023: $1,355,504Expenses 2023: $1,279,124Net Income 2023: $76,3802023Revenue 2024: $1,622,743Expenses 2024: $1,640,792Net Income 2024: -$18,0492024

Highlighted filing

2018

Revenue$1,547,589
Expenses$1,503,479
Net Income$44,110
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,585,090
Mission and Program Overview

Mission

The Mission of the Austin Steam Train Association

To preserve, interpret and recreate the first-hand experience of the historic steam railroading for the enjoyment and edification of today's families and the generations to come.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$121,317$174,340▲ $53,023
Cash and Non-Interest-Bearing Accounts$38,695$83,463▲ $44,768
Inventories for Sale or Use$33,910$34,103▲ $193
Land, Buildings, and Equipment, Net$111,347$27,778▼ $83,569
Intangible Assets$1,000$0▼ $1,000
Total Assets$306,269$319,684▲ $13,415
Liabilities
Unsecured Notes Loans Payable$396,503$413,003▲ $16,500
Mortgage Notes Payable Secured by Investment Property$118,231$120,275▲ $2,044
Deferred Revenue$27,389$0▼ $27,389
Accounts Payable and Accrued Expenses$23,931$3,024▼ $20,907
Total Liabilities$566,054$536,302▼ $29,752
Net Assets / Fund Balance
Temporarily Rstr Net Assets$57,503$57,503→ $0
Unrestricted Net Assets$-317,288$-274,121▲ $43,167
Total Net Assets Fund Balance$-259,785$-216,618▲ $43,167
Total Liabilities and Net Assets / Fund Balance$306,269$319,684▲ $13,415

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$27,778$1,743,127$1,770,905
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lil SerafineExecutive DirectorFT$75,088$14,577$89,665

Board Members and Trustees

NameTitle
Ben SargentChairman
Robert Schoen JrPresident
Larry McginnisVice Chairman
Bert DockallDirector
Charlie DeweeseDirector
David Gracy IiDirector
Dennis KearnsDirector
Elaine TimbesDirector
Greg DuepnerDirector
Jimmie BurleysonDirector
Joe PinnelliDirector
John CharlesDirector
Mike BarnesDirector
Scott LewisDirector
Bill BinghamGeneral Counsel
Brian SmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$128,715
Program Service Revenue
$1,374,048
Investment Income
$25,065
Other Revenue
$19,761
All Other Contributions
$90,579
Change in Net Assets
$44,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,098,921
Salaries, Compensation, and Employee Benefits$404,558
Total Fundraising Expense$150,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,013$74,006$24,669$246,688
Occupancy$83,686$41,842$13,948$139,476
Office Expenses$79,051$46,678$13,175$138,904
Current Officers, Directors, Trustees, and Key Employees$53,799$26,899$8,966$89,664
Other Expenses$62,056--$62,056
Advertising--$56,807$56,807
Depreciation Depletion$37,310$15,990-$53,300
Other Employee Benefits$26,153$13,077$4,359$43,589
Insurance$20,782$10,391$3,464$34,637
Fees for Services Other$26,235--$26,235
Payroll Taxes$14,770$7,385$2,462$24,617
All Other Expenses$3,800$1,900$18,550$24,250
Travel$4,204$5,281-$9,485
Information Technology$4,720$2,360$787$7,867
Conferences and Meetings$174$2,795$3,000$5,969
Interest$4,302--$4,302
Total Functional Expenses$1,104,688$248,604$150,187$1,503,479
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
Backup withholding compliance
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
Yes
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, Part VI, Section B, Line 11B

The form 990 is reviewed by the executive director and executive committee with the preparing cpa and then distributed to the board prior to filing.

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

The executive director and board members review written conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

A subset of the executive committee reviews the salary of the executive director and determines appropriate compensation.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Austin Steam Train Association
EIN
74-2553832
Phone
5124778468
Address
401 E WHITESTONE BLVD NO C-100, CEDAR PARK, TX 78613

Signing Officer

Name
Lil Serafine
Title
Executive Director
Phone
5124778468
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lil Serafine
Formed
1989
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
13
Volunteers
180

Preparer

Firm
Reynolds & Franke Pc
Address
6850 AUSTIN CENTER BLVD SUITE 100, AUSTIN, TX 78731
Preparer
Ronald H Reynolds
Phone
5122063141
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IRS990/GrossReceiptsAmt01585090
IRS990/GrossSalesOfInventoryAmt055879
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0787
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02360
IRS990/InformationTechnologyGrp/ProgramServicesAmt04720
IRS990/InformationTechnologyGrp/TotalAmt07867
IRS990/InsuranceGrp/FundraisingAmt03464
IRS990/InsuranceGrp/ManagementAndGeneralAmt010391
IRS990/InsuranceGrp/ProgramServicesAmt020782
IRS990/InsuranceGrp/TotalAmt034637
IRS990/IntangibleAssetsGrp/BOYAmt01000
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt04302
IRS990/InterestGrp/TotalAmt04302
IRS990/InventoriesForSaleOrUseGrp/BOYAmt033910
IRS990/InventoriesForSaleOrUseGrp/EOYAmt034103
IRS990/InvestmentIncomeGrp/ExclusionAmt065
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01743127
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0111347
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027778
IRS990/LandBldgEquipCostOrOtherBssAmt01770905
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt03136
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE AUSTIN STEAM TRAIN ASSOCIATION IS TO PRESERVE, INTERPRET AND RECREATE THE FIRST-HAND EXPERIENCE OF THE HISTORIC STEAM RAILROADING FOR THE ENJOYMENT AND EDIFICATION OF TODAY'S FAMILIES AND THE GENERATIONS TO COME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0118231
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0120275
IRS990/NetAssetsOrFundBalancesBOYAmt0-259785
IRS990/NetAssetsOrFundBalancesEOYAmt0-216618
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt025000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt025000
IRS990/NetIncomeOrLossGrp/ExclusionAmt018378
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt018378
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013948
IRS990/OccupancyGrp/ManagementAndGeneralAmt041842
IRS990/OccupancyGrp/ProgramServicesAmt083686
IRS990/OccupancyGrp/TotalAmt0139476
IRS990/OfficeExpensesGrp/FundraisingAmt013175
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt046678
IRS990/OfficeExpensesGrp/ProgramServicesAmt079051
IRS990/OfficeExpensesGrp/TotalAmt0138904
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04359
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013077
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026153
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043589
IRS990/OtherExpensesGrp/Desc0TRAIN MAINTENENCE
IRS990/OtherExpensesGrp/Desc1DAY OUT WITH THOMAS
IRS990/OtherExpensesGrp/Desc2SPECIALTY FLYERS
IRS990/OtherExpensesGrp/Desc3FUEL
IRS990/OtherExpensesGrp/ProgramServicesAmt0223396
IRS990/OtherExpensesGrp/ProgramServicesAmt1189791
IRS990/OtherExpensesGrp/ProgramServicesAmt2122446
IRS990/OtherExpensesGrp/ProgramServicesAmt362056
IRS990/OtherExpensesGrp/TotalAmt0223396
IRS990/OtherExpensesGrp/TotalAmt1189791
IRS990/OtherExpensesGrp/TotalAmt2122446
IRS990/OtherExpensesGrp/TotalAmt362056
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01383
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01383
IRS990/OtherRevenueTotalAmt01383
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024669
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074006
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0148013
IRS990/OtherSalariesAndWagesGrp/TotalAmt0246688
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02462
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07385
IRS990/PayrollTaxesGrp/ProgramServicesAmt014770
IRS990/PayrollTaxesGrp/TotalAmt024617
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LIL SERAFINE
IRS990/PriorPeriodAdjustmentsAmt0-943
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TRAIN TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1DAY OUT WITH THOMAS
IRS990/ProgramServiceRevenueGrp/Desc2CHARTER & PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01102569
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1256604
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01102569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1256604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214875
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt073320
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042
IRS990/PYOtherExpensesAmt01439272
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01425473
IRS990/PYRevenuesLessExpensesAmt0-292643
IRS990/PYSalariesCompEmpBnftPaidAmt0347839
IRS990/PYTotalExpensesAmt01791478
IRS990/PYTotalProfFndrsngExpnsAmt04367
IRS990/PYTotalRevenueAmt01498835
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt044110
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01374048
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0121317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174340
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt023715
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt023715
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 3,890. 2016 AMOUNT: $ 2,360. 2017 AMOUNT: $ 13,711. 2018 AMOUNT: $ 1,383.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0128715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073320
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0276642
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0179320
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt066965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0724962
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01389
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01429927

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.28$0.81$1.62$1.64$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.37$0.56$1.36$1.28$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.36$0.18$1.40$1.38$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.39$0.16$1.22$1.19$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.34$0.10$0.80$0.92$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.20$0.22$1.34$1.36$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.21$0.24$1.69$1.50$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.54$0.22$1.55$1.50$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.57$0.26$1.50$1.79$0.29
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.76$0.03$1.92$1.80$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.86$0.08$1.65$1.63$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.92$0.10$1.49$1.48$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.95$1.10$0.15$1.37$1.45$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.61$0.07$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.66$0.02$1.49
2010Summary only. Only limited summary data is available for this year.$0.94$0.79$0.15$1.41$1.59$0.18