Colebrookdale Railroad Preservation Trust

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Colebrookdale Railroad Preservation Trust received a solid Three-Star rating from Charity Navigator, primarily based on its strong accountability and finance metrics. With an impressive score of 82 in this area, the organization demonstrates effective financial practices and governance, evidenced by its fully independent board and adherence to transparency through public disclosures.

Strengths include a high program expense ratio of 89.79%, indicating that the majority of its funds are directed toward its mission-related activities. Additionally, the organization has no loans to or from officers, highlighting a commitment to ethical financial management. The liabilities to assets ratio is also favorable at 15.48%, showcasing the organization's financial health and stability.

However, the Trust received a low score for fundraising efficiency, with a ratio of $0.00. This suggests that the organization may face challenges in generating funds through fundraising initiatives, which could impact its long-term sustainability. Overall, while the organization excels in accountability and financial management, it may need to address its fundraising strategies to enhance its overall performance.

This AI summary has been generated from information found on Charity Navigator.

Colebrookdale Railroad Preservation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colebrookdale Railroad Preservation Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $451,412

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Official website here: www.colebrookdalerailroad.