Rails to Trails Conservancy

Tax-deductible

Washington, DC501(c)(3)Since 1985EnvironmentEIN 52-1437006

See part III, line 1.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Run by 25 volunteers and 51 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $706K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 10% of spending
Top officer’s pay higher than 69% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $199K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.2M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.3M
-10% vs prior year
Spent
$14.1M
To programs
75%
Net assets
$16.8M
By yearFY2020–FY2025
Revenue
$13.3M
FY2025▼ -10%
Revenue by fiscal year
FY2020$10.5M
FY2021$14.6M
FY2022$14.5M
FY2023$11.7M
FY2024$14.7M
FY2025$13.3M
Expenses
$14.1M
FY2025▲ +1%
Expenses by fiscal year
FY2020$10.9M
FY2021$11.0M
FY2022$12.1M
FY2023$13.0M
FY2024$14.0M
FY2025$14.1M
Net assets
$16.8M
FY2025▲ +0.6%
Net assets by fiscal year
FY2020$9.5M
FY2021$13.8M
FY2022$14.7M
FY2023$14.4M
FY2024$16.7M
FY2025$16.8M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1986.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $10.6M Management & general 9% · $1.2M Fundraising 17% · $2.3M

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

Who runs it and what they're paid

28 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$318,418Pt VII · Sec A
Chief Operating Officer
$211,807Pt VII · Sec A
VP of Policy
$188,141Pt VII · Sec A
$185,132Pt VII · Sec A
VP of Communications
$179,969Pt VII · Sec A
VP of Trail Development
$175,519Pt VII · Sec A
VP of Development
$175,164Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ryan Chao’s $318K as President is at the 69th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ryan Chao$318,418$308,721$299,230$304,332$292,422$253,823
Cynthia Dickerson$211,807$204,743$190,625$191,224$177,409$172,701
Kevin Mills$188,141$182,418$177,321$182,462$162,106$158,179
Frederick Schaedtler$185,132$178,006$155,207$146,978$119,956—
Elizabeth Thorstensen$175,519$152,138$181,094$181,655$168,221$162,885
Brandi Horton$179,969$174,375$167,697$177,432$150,501$122,950
Alisa Borland$175,164$178,325$174,963$176,029$160,661$116,824
Marianne Fowler—————$114,824

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Rails to Trails Conservancy executive salaries →

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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 15aYes

Programs and updates

Advocates for and protects public funding and policies to build and maintain trails for walking and bicycling nationwide.

Provided by the organization

This section is blank until Rails to Trails Conservancy claims this page.

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3 program services account for $9.8M of program spending, described in the organization's own filed words · FY2024.
01

Trail Development

Since its inception, RTC has worked to reimagine public corridors and rights of way for people to walk, bike and be active outside creating vibrant public spaces that engage, inspire and empower communities from coast to coast.

$4.9Mprogram expense
02

Public Information/Events

RTC serves as the voice of the trail's movement, speaking out about the transformative power of trails, encouraging their use, and generating demand for trails nationwide. RTC'S flagship initiative, TRAILLINK.COM served millions of visitors in 2025 providing access to more than 5,300 trails representing 41,000 miles through its website…

$3.0Mprogram expense
03

Trail Policy

As the nation's foremost advocacy organization for trails and active transportation, RTC seeks to grow and safeguard public funding for trails, walking and bicycling at every level - federal, state and local - ensuring the investments needed to create a transformative 21ST century active transportation system in america and promoting…

$1.9Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
See all 12 funders →
Grants paid · 148 grants · $4.0M · 2019–2024
HacePA · FY2024$35,000
Friends of the Market INCAL · FY2024$25,000
Wyoming PathwaysWY · FY2024$20,000
Park County MontanaFY2024$20,000
Harrison County CommissionersFY2024$20,000
Rivanna Trails FoundationVA · FY2024$15,000
Laramie County WyomingFY2024$15,000
Catawba Lands ConservancyNC · FY2024$15,000
Anchorage Park FoundationAK · FY2024$15,000
See all 148 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$13.3M
Ln 12
Gifts and grantsLn 1h$11.6M
Fees for servicesLn 2g$935K
Investment incomeLn 3$673K
Money outPt IX
$14.1M
Ln 25
Programscol B$10.6M
Managementcol C$1.2M
Fundraisingcol D$2.3M
Owns and owesPt X
$16.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$23.0M
LiabilitiesLn 26$6.2M
PeoplePt VI, VII
28
listed · VII A
PaidVII A7
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.6M
Government grantsLn 1e$150K
Noncash giftsLn 1g$248K
Fees for servicesLn 2g$935K
Investment incomeLn 3$673K
Other incomeLn 4–11$53K
Gains on assetsLn 7$146K
Total revenueLn 12$13.3M
Assets in detailPt X, end of year
CashLn 1$661K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$15.7M
Land, buildings, equipmentLn 10c$196K
Other assetsLn 15$3.6M
Total assetsLn 16$23.0M
LiabilitiesLn 26$6.2M
Net assetsLn 32$16.8M
OperationsPt I, VI
EmployeesI 551
VolunteersI 625
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.7M$2.5M
InvestmentsLn 11–13$13.5M$15.7M
Land, buildings, equipmentLn 10c$153K$196K
Total assetsLn 16$22.8M$23.0M
LiabilitiesLn 26$6.1M$6.2M
Net assetsLn 32$16.7M$16.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$737K$737K
Pay of current officers, directors and key staffLn 5$640K$366K$178K$96K
Other salaries and wagesLn 7$5.0M$4.1M$311K$587K
Pension plan contributionsLn 8$284K$226K$19K$39K
Other employee benefitsLn 9$659K$550K$30K$79K
Payroll taxesLn 10$441K$347K$36K$59K
Legal feesLn 11b$55K$53K$2K
Accounting feesLn 11c$99K$99K
Lobbying feesLn 11d$171K$160K$9K$3K
Professional fundraising feesLn 11e$124K$124K
Investment management feesLn 11f$66K$66K
Other fees for servicesLn 11g$1.7M$1.4M$88K$230K
Advertising and promotionLn 12$303K$246K$20K$37K
Office expensesLn 13$2.0M$1.1M$105K$779K
Information technologyLn 14$314K$195K$55K$64K
OccupancyLn 16$496K$414K$30K$52K
TravelLn 17$278K$218K$60K
Conferences, conventions and meetingsLn 19$99K$30K$53K$16K
Depreciation, depletion and amortizationLn 22$86K$75K$5K$6K
InsuranceLn 23$38K$34K$2K$2K
Other expenses (24a–d)Ln 24$509K$305K$38K$166K
All other expensesLn 24e$24K$18K$5K$1
Total functional expensesLn 25$14.1M$10.6M$1.2M$2.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $13.3M$14.1M−$842K$16.8M 990 PDF
FY2024 $14.7M$14.0M$751K$16.7M 990 PDF
FY2023 $11.7M$13.0M−$1.2M$14.4M 990 PDF
FY2022 $14.5M$12.1M$2.4M$14.7M 990 PDF
FY2021 $14.6M$11.0M$3.6M$13.8M 990 PDF
FY2020 $10.5M$10.9M−$425K$9.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $13,289,625 across 12 lines filed
Lines not itemized here account for $14,878 of total revenue; see the IRS return.
VIII-1a Federated campaigns$146,401
VIII-1b Membership dues$3,030,866
VIII-1e Government grants$150,000
VIII-1f All other contributions, gifts and grants$8,300,910
VIII-1g Noncash contributions (included above)$247,588
VIII-1h Total contributions, gifts and grants$11,628,177
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $935,132$935,132
VIII-3 Investment incomeExcluded from tax $526,686$526,686
VIII-5 RoyaltiesExcluded from tax $15,628$15,628
VIII-7 Net gain or loss on sales of assetsExcluded from tax $146,424$146,424
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $22,700$22,700
VIII-12 Total revenueRelated to mission $950,010 · Unrelated business $0 · Excluded from tax $711,438$13,289,625
Part IX · Statement of functional expenses $14,131,877 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $737,390$737,390
IX-5 Pay of current officers, directors and key staffPrograms $365,923 · Management $177,546 · Fundraising $96,496$639,965
IX-7 Other salaries and wagesPrograms $4,133,709 · Management $310,618 · Fundraising $586,596$5,030,923
IX-8 Pension plan contributionsPrograms $226,074 · Management $18,767 · Fundraising $38,880$283,721
IX-9 Other employee benefitsPrograms $550,179 · Management $29,809 · Fundraising $78,561$658,549
IX-10 Payroll taxesPrograms $346,581 · Management $35,891 · Fundraising $58,842$441,314
IX-11b Legal feesPrograms $53,274 · Management $1,811$55,085
IX-11c Accounting feesManagement $99,315$99,315
IX-11d Lobbying feesPrograms $159,644 · Management $8,640 · Fundraising $2,627$170,911
IX-11e Professional fundraising feesFundraising $124,140$124,140
IX-11f Investment management feesManagement $65,724$65,724
IX-11g Other fees for servicesPrograms $1,384,444 · Management $88,476 · Fundraising $230,154$1,703,074
IX-12 Advertising and promotionPrograms $246,416 · Management $19,552 · Fundraising $37,003$302,971
IX-13 Office expensesPrograms $1,089,942 · Management $105,380 · Fundraising $779,370$1,974,692
IX-14 Information technologyPrograms $195,003 · Management $55,106 · Fundraising $64,014$314,123
IX-16 OccupancyPrograms $413,546 · Management $29,924 · Fundraising $52,037$495,507
IX-17 TravelPrograms $217,891 · Management $59,922$277,813
IX-19 Conferences, conventions and meetingsPrograms $30,259 · Management $53,000 · Fundraising $15,802$99,061
IX-22 Depreciation, depletion and amortizationPrograms $75,125 · Management $5,180 · Fundraising $6,022$86,327
IX-23 InsurancePrograms $33,675 · Management $2,228 · Fundraising $2,295$38,198
IX-24 Other expenses (24a–d)Programs $304,975 · Management $37,994 · Fundraising $166,411$509,380
IX-24e All other expensesPrograms $18,306 · Management $5,387 · Fundraising $1$23,694
IX-25 Total functional expensesPrograms $10,582,356 · Management $1,210,270 · Fundraising $2,339,251$14,131,877
Part X · Balance sheet $23,044,292 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $454,437$660,931
X-2 Savings and temporary cash investmentsStart of year $3,292,608$1,870,861
X-3 Pledges and grants receivableStart of year $1,064,085$452,183
X-4 Accounts receivableStart of year $154,614$119,984
X-8 Inventories for sale or useStart of year $158,681$192,375
X-9 Prepaid expenses and deferred chargesStart of year $192,749$247,462
X-10c Land, buildings and equipment, netStart of year $152,510$196,086
X-11 Publicly traded securitiesStart of year $13,510,527$15,708,063
X-15 Other assetsStart of year $3,844,298$3,596,347
X-16 Total assetsStart of year $22,824,509$23,044,292
X-17 Accounts payable and accrued expensesStart of year $1,069,106$1,070,810
X-19 Deferred revenueStart of year $610,010$659,260
X-25 Other liabilitiesStart of year $4,406,811$4,477,073
X-26 Total liabilitiesStart of year $6,085,927$6,207,143
X-27 Net assets without donor restrictionsStart of year $11,848,603$12,146,376
X-28 Net assets with donor restrictionsStart of year $4,889,979$4,690,773
X-32 Total net assets or fund balancesStart of year $16,738,582$16,837,149
X-33 Total liabilities and net assetsStart of year $22,824,509$23,044,292
Part XI · Reconciliation of net assets $16,837,149 net assets at year end
XI-1 Total revenue$13,289,625
XI-2 Total expenses$14,131,877
XI-3 Revenue less expenses−$842,252
XI-4 Net assets at start of year$16,738,582
XI-5 Net unrealized gains (losses) on investments$940,819
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$16,837,149

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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