Form 990 for tax year 2024
Filed by WESTERN STATES TRAIL ENDOWMENT FUND.
Totals
- Total revenue
- $78,289
- Total expenses
- $45,059
- Contributions and grants received
- $50,030
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $28,259
- Other revenue
- $0
- Total assets, end of year
- $834,605
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $834,605
- Program services expenses (Part IX)
- $40,921
- Management and general expenses
- $4,138
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $40,921
Program services were 90.8% 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.
-
1d · Related organizations
$50,000
-
1f · All other contributions, gifts and grants
$30
-
3 · Investment income
total $23,782 · related or exempt $23,782
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $28,715
-
7b · Less cost or other basis and sales expenses
securities $24,238
-
7c · Gain or loss
securities $4,477
-
7d · Net gain or loss
total $4,477 · related or exempt $4,477
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,950 · management and general $1,950
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $8,546 · program services $8,546
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $33,875 · program services $32,375 · management and general $1,500
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Bookkeeping
total $425 · management and general $425
-
24b · Other expenses: Dues & Subscriptions
total $238 · management and general $238
-
24c · Other expenses: Licenses & Fees
total $25 · management and general $25
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,717 · end of year $6,322
-
2 · Savings and temporary cash investments
beginning of year $58,220 · end of year $82,469
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $629,004 · end of year $671,360
-
12 · Investments: other securities
beginning of year $71,591 · end of year $74,454
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,500
-
27 · Net assets without donor restrictions
beginning of year $177,745 · end of year $246,318
-
28 · Net assets with donor restrictions
beginning of year $588,287 · end of year $588,287
Mission and programs · 2024
Mission
The organization was created as a supporting organization for the Western States Trail Foundation. Its main purpose is to manage the endowment fund for use in the charitable purposes of the Western States Trail, such as preservation and maintenance of the historic trail.
-
Trail Improvement Program:This additional program is for the preservation and improvement of land surrounding the Western States Trail recreation area. No specific restricted donations were received this year towards this mission. Funds of $32,375 were distributed to the supported organization towards expansion of the Trail.Development of a memorial structure at the Auburn Staging area is still in process.
Expenses $32,375 · Grants $32,375
-
Adopt-The-Trail Program: Management of investment activity consisted of selling $28,715 of various securities resulting in realized gains of $4,477. Most proceeds were re-invested. Dividend and interest income, including capital gain distributions less foreign tax paid, of $23,782 were received on investments. Investment management fees were $8,546. The organization's investments' market value ended the year with an unrealized gain of $30,725.
Expenses $8,546
As filed on the 2024 return.
Listed in Part VII
-
Tony Benedetti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Pickett
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jerry Wittenauer
President
- Total calculated
- $0
- Hours/week
- 2
-
Frank Crum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marisa Dardi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Roxanne Greene
Director
- Total calculated
- $0
- Hours/week
- 1
-
Crysta Turnage
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Herten
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathie Perry
Vice President
- Total calculated
- $0
- Hours/week
- 1
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Western States Trail Foundation
501(c)3 · Annual Equestrian Ride - Preserve Trail · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521219349302462
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