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Pikes Peak Historical Street Railway Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742271891 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Pikes Peak Historical Street Railway Foundation?

The Pikes Peak Historical Street Railway Foundation, based in Colorado Springs, Colorado, is a dedicated nonprofit organization. Their primary goal is to establish and operate an authentic and historically accurate street railway system in Colorado Springs and Manitou Springs, providing a unique and educational experience for the community. To achieve this, they engage in the refurbishment of trolley cars and seek additional support and equipment. The foundation's mission is to preserve the historical artifacts and memories of the Pikes Peak region's street railways, providing an engaging platform for the public to learn about this historical mode of transportation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

The Pikes Peak Historical Street Railway Foundation has received a two-star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization boasts a solid performance in areas such as having a majority of independent board members and an impressive program expense ratio of nearly 90%. However, the overall rating reflects significant gaps in governance policies and transparency, particularly with missing conflict of interest, whistleblower, and document retention policies.

While the foundation demonstrates effective management of its assets with a 0% liabilities to assets ratio, it falls short in providing accessible information on its website. Key documents, including its tax form, are not available online, which detracts from its overall transparency and public trust. The absence of these essential policies and documents may raise concerns for potential donors regarding the organization's operational practices.

In summary, the Pikes Peak Historical Street Railway Foundation shows strong financial management and a committed board but lacks the necessary governance policies and online transparency that could enhance its credibility and accountability in the eyes of supporters and the public.


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

Is Pikes Peak Historical Street Railway Foundation legitimate?

Pikes Peak Historical Street Railway Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pikes Peak Historical Street Railway Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pikes Peak Historical Street Railway Foundation?

The Pikes Peak Historical Street Railway Foundation's mission is primarily focused on preserving the history and artifacts associated with the region's street railways. They aim to provide an educational experience by operating historically accurate street rail lines. This is done with the objective of engaging and educating the public about this form of transportation. The foundation also works on restoring and refurbishing trolley cars to secure additional support and equipment. This endeavor brings the organization closer to its goal of implementing a street railway system.

Who is the CEO of Pikes Peak Historical Street Railway Foundation?

Mitchell Downs is the Vice -President of Pikes Peak Historical Street Railway Foundation.

What is the revenue of Pikes Peak Historical Street Railway Foundation?

Pikes Peak Historical Street Railway Foundation's revenue in 2022 was $55,903.

Who are the executives of Pikes Peak Historical Street Railway Foundation and what are their salaries?


Here are 8 key members and their salaries:


John Caufield (Vice -President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Haney (Sectretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cook (Assitant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kenney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Oatney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hlippincott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gage (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pikes Peak Historical Street Railway Foundation?

Pikes Peak Historical Street Railway Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pikes Peak Historical Street Railway Foundation

The Pikes Peak Historical Street Railway Foundation is dedicated to preserving the history and artifacts of the Pikes Peak region's street railways. Their mission is to provide an educational experience by operating authentic and historically accurate street rail lines, offering residents an engaging and enlightening journey into the past. The organization works towards this goal by operating a museum and refurbishing trolley cars, which not only helps to raise support and acquire additional equipment but also brings them closer to implementing a full-fledged street railway system. By doing so, the Pikes Peak Historical Street Railway Foundation aims to keep the rich history of street railways alive and accessible to the community, fostering a deeper appreciation and understanding of this significant aspect of the region's past.

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Impact




August, 2024

The Pikes Peak Historical Street Railway Foundation's impact revolves around preserving the history and artifacts of the Pikes Peak region's street railways. By operating a museum and refurbishing trolley cars, the organization not only educates the public but also brings the rich heritage of street railways in Colorado Springs and Manitou Springs to life. Their efforts to construct and operate an authentic and historically correct street rail line serve as a valuable resource for citizens to learn about and appreciate this historic form of transportation.




This information is meant to be a general summary of Pikes Peak Historical Street Railway Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$55,903 (2022)
Expenses
$23,632 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,545
  • Program Service Revenue: $13,006
  • Gross Receipts: $116,074

Assets and Liabilities:

  • Total Assets: $4,666,503
  • Total Liabilities: $34
  • Net Assets: $4,666,469

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MUSEUM INCOME

Revenue

$13,006

Organization Details

Founding Year

1983

Principal Officer

Mitchell Downs

Main Address

2333 STEEL DR, COLORADO SPRINGS, CO, 80907

NTEE Category

Code: A80Z - Arts

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