Civic Intelligence

Pufferbelly Junction Inc.

990EZ • Fiscal year 2019 • EIN 81-3860902

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

6914 Woodcroft LnFort Wayne, IN 46804

(260) 466-2766

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

90th percentile

43%

Higher net margin than 90% 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

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Revenue Growth

93rd percentile

114%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$65,231

Up $65,231 from 2018

Net Assets

Up

$65,231

Up $65,231 from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$150,000

Up $80,000 (+114%) from 2018

Expenses

Up

$84,769

Up $14,769 (+21%) from 2018

Net Income

Up

$65,231

Up $65,231 from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $0Net Assets 2018: $02018Assets 2019: $65,231Net Assets 2019: $65,2312019Assets 2020: $362,092Liabilities 2020: $0Net Assets 2020: $362,0922020Assets 2021: $699,972Liabilities 2021: $0Net Assets 2021: $699,9722021Assets 2022: $861,665Liabilities 2022: $0Net Assets 2022: $861,6652022Assets 2023: $1,048,386Liabilities 2023: $0Net Assets 2023: $1,048,3862023Assets 2024: $971,934Liabilities 2024: $0Net Assets 2024: $971,9342024

Highlighted filing

2019

Assets$65,231
Liabilities-
Net Assets$65,231

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $70,000Expenses 2018: $70,000Net Income 2018: $02018Revenue 2019: $150,000Expenses 2019: $84,769Net Income 2019: $65,2312019Revenue 2020: $292,500Expenses 2020: $35,947Net Income 2020: $256,5532020Revenue 2021: $372,300Expenses 2021: $34,420Net Income 2021: $337,8802021Revenue 2022: $205,925Expenses 2022: $44,232Net Income 2022: $161,6932022Revenue 2023: $303,691Expenses 2023: $116,970Net Income 2023: $186,7212023Revenue 2024: $8,671Expenses 2024: $85,123Net Income 2024: -$76,4522024

Highlighted filing

2019

Revenue$150,000
Expenses$84,769
Net Income$65,231
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 1, 2020
Return Version
2019v5.0
Gross Receipts
$150,000
Mission and Program Overview

Mission

To establish a vibrant and vital national destination in downtown fort wayne utilizing world-renown attractions and authentic cultural assets unique to the region.

As a major part of riverfront fort wayne, headwaters junction will be a mixed-use cultural and tourism attraction centered around a railyard- themed park, roundhouse and tourist railroad. The interactive park will feature operating vintage trains and a hands-on interpretive facility, and will host events, activities and programming throughout the year. Headwaters junction will attract more than 140,000 visitors a year with exciting annual programs and events. It will be home to the world-famous steam locomotive no. 765. The 765 lives on today as one of only five restored mainline steam locomotives in the county. The last of its kind, no. 765 is part rocket ship, part time machine. Accompanying the 765 today is a growing fleet of vintage engines to be restored to their glory including wabash locomotive no. 534. Built in 1906, it is one of the oldest steam locomotives in indiana, and one of two remaining wabash steam locomotives in existence. Two other nickel plate engines will also be r

Program Services

DescriptionGrantsExpenses
HEADWATERS JUNCTION OBTAINED A PURCHASE AGREEMENT FOR NEARLY A MILE OF THE HISTORIC RAILROAD RIGHT-OF-WAY, EARNED THE SUPPORT OF THE CITY OF FORT WAYNE STAFF AND MAYOR, STARTED RESTORATION WORK ON A HISTORIC PASSENGER CAR AND RAILROAD DEPOT, AND RAISED FUNDRAISING COMMITMENTS OF UP TO 2 MILLION DOLLARS. WE CONTINUED TO MEET WITH NEIGHBORHOODS AND COMMUNITY ORGANIZATIONS TO EDUCATE THEM ON WHAT HEADWATERS JUNCTION IS AND WILL BRING TO THE REGION OF NORTHEAST INDIANA.-$75,413
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLY LYNCHExecutive DiPT$0--
DON STEININGERPresidentPT$0--
AL MOLLVice Preside-$0--
RICK SAMEKSecretary-$0--
STEPHANIE VEITTreasurer-$0--
JACK DANIELDirector-$0--
KELLY DISSERDirector-$0--
DANE BOYKINSDirector-$0--
BRIAN CHRISTOPHELDirector-$0--
JIM EHLINGERDirector-$0--
GREG LEATHERMANDirector-$0--
TOM NITZADirector-$0--
PAM HOLOCHERDirector-$0--
RICK POINSATTEDirector-$0--
KEVIN VAILDirector-$0--
ROB YOUNGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Headwaters Junction Inc
EIN
81-3860902
Phone
2604662766
Address
6914 WOODCROFT LN, FORT WAYNE, IN 46804

Signing Officer

Name
Don Steininger
Title
President
Phone
2604662766
Signed
2020-04-01
Discuss with paid preparer
Yes

Preparer

Firm
Dulin Ward & Dewald Inc
Address
9921 DUPONT CIRCLE DR W 300, FORT WAYNE, IN 46825-1610
Preparer
Carrie B Minnich CPA
Phone
2604232414
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 3,855 office 2,094 information technology 308 insurance 2,031 maintenance 50,423 total 58,711

Form 990-ez, Part II, Line 24

Earnest money 0 52,000 total 0 52,000

Form 990-ez, Part III

As a major part of riverfront fort wayne, headwaters junction will be a mixed-use cultural and tourism attraction centered around a railyard- themed park, roundhouse and tourist railroad. The interactive park will feature operating vintage trains and a hands-on interpretive facility, and will host events, activities and programming throughout the year. Headwaters junction will attract more than 140,000 visitors a year with exciting annual programs and events. It will be home to the world-famous steam locomotive no. 765. The 765 lives on today as one of only five restored mainline steam locomotives in the county. The last of its kind, no. 765 is part rocket ship, part time machine. Accompanying the 765 today is a growing fleet of vintage engines to be restored to their glory including wabash locomotive no. 534. Built in 1906, it is one of the oldest steam locomotives in indiana, and one of two remaining wabash steam locomotives in existence. Two other nickel plate engines will also be renovated and preserved for future visitors. Both a national and state historic structure, the craigsville depot is a nineteenth century classic architectural structure to be relocated to headwaters junction and restored for twenty first century activity. The building's significance isn't just decorative. The depot was built in 1879 and served as a stop for the new york, chicago and st louis railroad company - and the 765. In restoring the craigville depot, visitors can see at a micro-scale the historical importance rail transportation played in linking this country, town-to-city and state-to-state.

Form 990-ez, Part III, Line 28

Headwaters junction obtained a purchase agreement for nearly a mile of the historic railroad right-of-way, earned the support of the city of fort wayne staff and mayor, started restoration work on a historic passenger car and railroad depot, and raised fundraising commitments of up to 2 million dollars. We continued to meet with neighborhoods and community organizations to educate them on what headwaters junction is and will bring to the region of northeast indiana.

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IRS990EZ/PrimaryExemptPurposeTxt0AS A MAJOR PART OF RIVERFRONT FORT WAYNE, HEADWATERS JUNCTION WILL BE A MIXED-USE CULTURAL AND TOURISM ATTRACTION CENTERED AROUND A RAILYARD- THEMED PARK, ROUNDHOUSE AND TOURIST RAILROAD. THE INTERACTIVE PARK WILL FEATURE OPERATING VINTAGE TRAINS AND A HANDS-ON INTERPRETIVE FACILITY, AND WILL HOST EVENTS, ACTIVITIES AND PROGRAMMING THROUGHOUT THE YEAR. HEADWATERS JUNCTION WILL ATTRACT MORE THAN 140,000 VISITORS A YEAR WITH EXCITING ANNUAL PROGRAMS AND EVENTS. IT WILL BE HOME TO THE WORLD-FAMOUS STEAM LOCOMOTIVE NO. 765. THE 765 LIVES ON TODAY AS ONE OF ONLY FIVE RESTORED MAINLINE STEAM LOCOMOTIVES IN THE COUNTY. THE LAST OF ITS KIND, NO. 765 IS PART ROCKET SHIP, PART TIME MACHINE. ACCOMPANYING THE 765 TODAY IS A GROWING FLEET OF VINTAGE ENGINES TO BE RESTORED TO THEIR GLORY INCLUDING WABASH LOCOMOTIVE NO. 534. BUILT IN 1906, IT IS ONE OF THE OLDEST STEAM LOCOMOTIVES IN INDIANA, AND ONE OF TWO REMAINING WABASH STEAM LOCOMOTIVES IN EXISTENCE. TWO OTHER NICKEL PLATE ENGINES WILL ALSO BE R
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 3,855 OFFICE 2,094 INFORMATION TECHNOLOGY 308 INSURANCE 2,031 MAINTENANCE 50,423 TOTAL 58,711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EARNEST MONEY 0 52,000 TOTAL 0 52,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS A MAJOR PART OF RIVERFRONT FORT WAYNE, HEADWATERS JUNCTION WILL BE A MIXED-USE CULTURAL AND TOURISM ATTRACTION CENTERED AROUND A RAILYARD- THEMED PARK, ROUNDHOUSE AND TOURIST RAILROAD. THE INTERACTIVE PARK WILL FEATURE OPERATING VINTAGE TRAINS AND A HANDS-ON INTERPRETIVE FACILITY, AND WILL HOST EVENTS, ACTIVITIES AND PROGRAMMING THROUGHOUT THE YEAR. HEADWATERS JUNCTION WILL ATTRACT MORE THAN 140,000 VISITORS A YEAR WITH EXCITING ANNUAL PROGRAMS AND EVENTS. IT WILL BE HOME TO THE WORLD-FAMOUS STEAM LOCOMOTIVE NO. 765. THE 765 LIVES ON TODAY AS ONE OF ONLY FIVE RESTORED MAINLINE STEAM LOCOMOTIVES IN THE COUNTY. THE LAST OF ITS KIND, NO. 765 IS PART ROCKET SHIP, PART TIME MACHINE. ACCOMPANYING THE 765 TODAY IS A GROWING FLEET OF VINTAGE ENGINES TO BE RESTORED TO THEIR GLORY INCLUDING WABASH LOCOMOTIVE NO. 534. BUILT IN 1906, IT IS ONE OF THE OLDEST STEAM LOCOMOTIVES IN INDIANA, AND ONE OF TWO REMAINING WABASH STEAM LOCOMOTIVES IN EXISTENCE. TWO OTHER NICKEL PLATE ENGINES WILL ALSO BE RENOVATED AND PRESERVED FOR FUTURE VISITORS. BOTH A NATIONAL AND STATE HISTORIC STRUCTURE, THE CRAIGSVILLE DEPOT IS A NINETEENTH CENTURY CLASSIC ARCHITECTURAL STRUCTURE TO BE RELOCATED TO HEADWATERS JUNCTION AND RESTORED FOR TWENTY FIRST CENTURY ACTIVITY. THE BUILDING'S SIGNIFICANCE ISN'T JUST DECORATIVE. THE DEPOT WAS BUILT IN 1879 AND SERVED AS A STOP FOR THE NEW YORK, CHICAGO AND ST LOUIS RAILROAD COMPANY - AND THE 765. IN RESTORING THE CRAIGVILLE DEPOT, VISITORS CAN SEE AT A MICRO-SCALE THE HISTORICAL IMPORTANCE RAIL TRANSPORTATION PLAYED IN LINKING THIS COUNTRY, TOWN-TO-CITY AND STATE-TO-STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HEADWATERS JUNCTION OBTAINED A PURCHASE AGREEMENT FOR NEARLY A MILE OF THE HISTORIC RAILROAD RIGHT-OF-WAY, EARNED THE SUPPORT OF THE CITY OF FORT WAYNE STAFF AND MAYOR, STARTED RESTORATION WORK ON A HISTORIC PASSENGER CAR AND RAILROAD DEPOT, AND RAISED FUNDRAISING COMMITMENTS OF UP TO 2 MILLION DOLLARS. WE CONTINUED TO MEET WITH NEIGHBORHOODS AND COMMUNITY ORGANIZATIONS TO EDUCATE THEM ON WHAT HEADWATERS JUNCTION IS AND WILL BRING TO THE REGION OF NORTHEAST INDIANA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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