Skip to content
Nonprofiteer
← FRIENDS OF THE RAIL PARK

Form 990 for tax year 2024

Filed by FRIENDS OF THE RAIL PARK.

Totals

Total revenue
$812,189
Total expenses
$489,099
Contributions and grants received
$807,541
Grants paid
$0
Program service revenue
$2,546
Investment income
$2,102
Other revenue
$0
Total assets, end of year
$1,160,711
Total liabilities, end of year
$37,458
Net assets or fund balances, end of year
$1,123,253
Program services expenses (Part IX)
$282,318
Management and general expenses
$145,988
Fundraising expenses
$60,793
Program service expenses (Part III)
$282,318

Program services were 57.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $10,165

  • 1e · Government grants (contributions)

    $34,850

  • 1f · All other contributions, gifts and grants

    $762,526

  • 2a · Program service revenue: TOURS AND LECTURES

    total $2,546 · related or exempt $2,546

  • 3 · Investment income

    total $2,102 · related or exempt $2,102

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $114,653 · program services $80,257 · management and general $22,931 · fundraising $11,465

  • 7 · Other salaries and wages

    total $100,593 · program services $70,415 · management and general $20,118 · fundraising $10,060

  • 9 · Other employee benefits

    total $19,397 · program services $13,578 · management and general $3,879 · fundraising $1,940

  • 10 · Payroll taxes

    total $17,220 · program services $12,054 · management and general $3,444 · fundraising $1,722

  • 11c · Fees: accounting

    total $21,957 · management and general $21,957

  • 12 · Advertising and promotion

    total $1,677 · management and general $1,677

  • 13 · Office expenses

    total $10,922 · program services $1,043 · management and general $7,014 · fundraising $2,865

  • 14 · Information technology

    total $2,462 · management and general $201 · fundraising $2,261

  • 16 · Occupancy

    total $15,570 · program services $1,158 · management and general $14,412

  • 17 · Travel

    total $5,579 · program services $143 · management and general $5,436

  • 22 · Depreciation, depletion and amortization

    total $15,377 · management and general $15,377

  • 23 · Insurance

    total $3,710 · program services $506 · management and general $3,204

  • 24a · Other expenses: PROFESSIONAL FEES

    total $110,693 · program services $63,629 · management and general $22,814 · fundraising $24,250

  • 24b · Other expenses: PROGRAM EXPENSES

    total $40,431 · program services $39,535 · management and general $802 · fundraising $94

  • 24c · Other expenses: FUNDRAISING EXPENSES

    total $5,926 · fundraising $5,926

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,684 · management and general $1,534 · fundraising $150

  • 24e · All other expenses

    total $1,248 · management and general $1,188 · fundraising $60

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $557,349 · end of year $706,203

  • 3 · Pledges and grants receivable

    beginning of year $205,745 · end of year $274,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,816 · end of year $5,391

  • 11 · Investments: publicly traded securities

    end of year $130,364

  • 14 · Intangible assets

    beginning of year $49,974 · end of year $34,597

  • 15 · Other assets

    beginning of year $28,514 · end of year $9,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,721 · end of year $27,802

  • 25 · Other liabilities

    beginning of year $28,514 · end of year $9,656

  • 27 · Net assets without donor restrictions

    beginning of year $532,660 · end of year $779,253

  • 28 · Net assets with donor restrictions

    beginning of year $267,503 · end of year $344,000

Mission and programs · 2024

Mission

FRIENDS OF THE RAIL PARK WAS FOUNDED TO CULTIVATE VISIONS, ADVOCATE FOR, AND ULTIMATELY MANAGE A CONTINOUS THREE-MILE LINEAR PARK AND RECREATION PATH IN PHILADELPHIA.

  • FRIENDS OF THE RAIL PARK (FRP) HAS A MISSION TO BE THE CITY'S PARTNER TO CREATE, ACTIVATE AND ENHANCE THE QUALITY OF THE RAIL PARK. FRP DRIVES THE VISION BEHIND THE TRANSFORMATION OF HISTORIC RAIL LINES THAT TRAVERSE PHILADELPHIA INTO THE RAIL PARK A CONTINUOUS THREE MILE LINEAR PARK AND GREENSPACE THAT CONNECTS AND ENLIVENS THE SOCIAL, ECONOMIC, HISTORICAL AND ENVIRONMENTAL FABRIC OF PHILADELPHIA'S COMMUNITIES.

    Expenses $282,318

As filed on the 2024 return.

Listed in Part VII

  • Rebecca Cordes Chan

    EXECUTIVE DI

    Total calculated
    $124,743
    From this org
    $114,653
    From related orgs
    $0
    Other
    $10,090
    Hours/week
    40
  • Nyla Koncurat

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Sarah McEneaney

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Allen Hall

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Melissa Kim

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Anna Stormer

    DEVELOPMENT

    Total calculated
    $0
    Hours/week
    2
  • Jacob Cooper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Sally Elk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Camille Focarino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Sunanda Ghosh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Alexia Landesman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Liz Maillie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ginger Rudolph

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Neel Bhuta

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
20 June 2025
IRS schema version
2024v5.0
Source object
202502209349301140

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.