Train Mountain Institute: FY2020 Nonprofit Profile & Form 990 (EIN 27-4031025)

Revenue by fiscal year
FY2020	$254K
FY2021	$451K
FY2022	$1.2M
FY2023	$493K
FY2024	$445K
FY2025	$875K

Expenses by fiscal year
FY2020	$311K
FY2021	$357K
FY2022	$414K
FY2023	$483K
FY2024	$466K
FY2025	$637K

Net assets by fiscal year
FY2020	$2.3M
FY2021	$2.4M
FY2022	$3.2M
FY2023	$3.3M
FY2024	$3.4M
FY2025	$3.7M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

93%

Program services 93% · $289K Management & general 7% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation

Jerald Crane

President

$0Pt VII · Sec A

Mark Flitton

Secretary

$0Pt VII · Sec A

Carl Vanderspek

Treasurer

$0Pt VII · Sec A

See Train Mountain Institute executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo
Loans to or from officersSch L · Pt II1 listed

Programs and updates

Educates about railroading through a massive model railroad and museum.

Questions for Train Mountain Institute

Tap to ask. Train Mountain Institute sees how many people are interested.

Your first name shows with your question. Train Mountain Institute answers here, for everyone.

1 program · $289K · in their own filed words · FY2020

01

Railroad Education Facility

Operated and maintained train mountain, a two mile by four mile (2,200 acre) train park with over thirty-six miles of 7.5" gauge ride-on model railroad TRACK.RAILROAD museum - maintained the world's largest collection of full sized cabooses and thirty eight other full sized cars, including four snow plows.

$289Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2024

Donor Advised Charitable Giving INCFY2024$10K

Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$254K

Ln 12

Gifts and grantsLn 1h$105K

Other incomeLn 4–11$70K

Fees for servicesLn 2g$52K

Money outPt IX

$311K

Ln 25

Programscol B$289K

Managementcol C$22K

Owns and owesPt X

$2.3M

net assets · Ln 32

Cash and savingsLn 1–2$88K

Total assetsLn 16$2.8M

LiabilitiesLn 26$474K

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b2

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$105K

Fees for servicesLn 2g$52K

Investment incomeLn 3$27K

Other incomeLn 4–11$70K

Gains on assetsLn 7$27K

Total revenueLn 12$254K

Assets in detailPt X, end of year

CashLn 1$82K

SavingsLn 2$6K

Cash and savings togetherLn 1–2$88K

Land, buildings, equipmentLn 10c$2.7M

Total assetsLn 16$2.8M

LiabilitiesLn 26$474K

Net assetsLn 32$2.3M

OperationsPt I, VI

EmployeesI 50

VolunteersI 6150

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$34K	$88K
Land, buildings, equipmentLn 10c	$2.8M	$2.7M
Total assetsLn 16	$2.8M	$2.8M
LiabilitiesLn 26	$464K	$474K
Net assetsLn 32	$2.4M	$2.3M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$4K		$4K
Office expensesLn 13	$11K		$11K
OccupancyLn 16	$62K	$62K
InterestLn 20	$928		$928
Depreciation, depletion and amortizationLn 22	$114K	$114K
InsuranceLn 23	$21K	$21K
Other expenses (24a–d)Ln 24	$98K	$92K	$6K
All other expensesLn 24e	$252	$252
Total functional expensesLn 25	$311K	$289K	$22K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Mar 1, 2026	$875K	$637K	$239K	$3.7M	990 PDF
FY2024Filed with the IRS Mar 5, 2025	$445K	$466K	−$20K	$3.4M	990 PDF
FY2023Filed with the IRS Mar 6, 2024	$493K	$483K	$10K	$3.3M	990 PDF
FY2022Filed with the IRS Mar 14, 2023	$1.2M	$414K	$830K	$3.2M	990 PDF
FY2021Filed with the IRS Mar 31, 2022	$451K	$357K	$93K	$2.4M	990 PDF
FY2020 ViewingFiled with the IRS Jun 4, 2021	$254K	$311K	−$57K	$2.3M	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $253,613 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $65,067$104,554

I-9 Program service revenuePrior year $69,032$52,225

I-10 Investment incomePrior year $4$27,046

I-11 Other revenuePrior year $93,650$69,788

I-12 Total revenuePrior year $227,753$253,613

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $343,854$311,004

I-18 Total expensesPrior year $343,854$311,004

I-19 Revenue less expensesPrior year −$116,101−$57,391

Part VI · Governance 2 of 3 board members independent, 2 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members2

VI-13 Written whistleblower policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $253,613 across 9 lines filed

Lines not itemized here account for $5,312 of total revenue; see the IRS return.

VIII-1b Membership dues$33,295

VIII-1f All other contributions, gifts and grants$71,259

VIII-1h Total contributions, gifts and grants$104,554

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $52,225$52,225

VIII-3 Investment incomeExcluded from tax $2$2

VIII-6 Net rental income or lossExcluded from tax $63,321$63,321

VIII-7 Net gain or loss on sales of assetsExcluded from tax $27,044$27,044

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,155$1,155

VIII-12 Total revenueRelated to mission $57,537 · Unrelated business $0 · Excluded from tax $91,522$253,613

Part IX · Statement of functional expenses $311,004 across 8 lines filed

IX-11c Accounting feesManagement $4,424$4,424

IX-13 Office expensesManagement $11,092$11,092

IX-16 OccupancyPrograms $61,793$61,793

IX-20 InterestManagement $928$928

IX-22 Depreciation, depletion and amortizationPrograms $113,633$113,633

IX-23 InsurancePrograms $21,023$21,023

IX-24 Other expenses (24a–d)Programs $92,143 · Management $5,716$97,859

IX-24e All other expensesPrograms $252$252

IX-25 Total functional expensesPrograms $288,844 · Management $22,160 · Fundraising $0$311,004

Part X · Balance sheet $2,768,818 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $27,107$81,814

X-2 Savings and temporary cash investmentsStart of year $6,779$6,181

X-10c Land, buildings and equipment, netStart of year $2,782,323$2,680,823

X-16 Total assetsStart of year $2,816,209$2,768,818

X-22 Loans from officers and insidersStart of year $464,000$464,000

X-24 Unsecured notes and loans payableStart of year $0$10,000

X-26 Total liabilitiesStart of year $464,000$474,000

X-27 Net assets without donor restrictionsStart of year $2,352,209$2,294,818

X-32 Total net assets or fund balancesStart of year $2,352,209$2,294,818

X-33 Total liabilities and net assetsStart of year $2,816,209$2,768,818

Part XI · Reconciliation of net assets $2,294,818 net assets at year end

XI-1 Total revenue$253,613

XI-2 Total expenses$311,004

XI-3 Revenue less expenses−$57,391

XI-4 Net assets at start of year$2,352,209

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$2,294,818

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Train Mountain Institute FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Train Mountain Institute

Railroad Education Facility

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV