Delaware Canal 21
Nonprofit profile at a glance
- EIN
- 311728602
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2014
- Location
- Point Pleasant, PA, USA
- Phone
- 2155676565
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $14,686
- Expenses
- $36,713
- Assets
- $18,052
- Liabilities
- $447
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- ALLEN D BLACK (CHAIRMAN EME)
- RICHARD HENRIQUES (CHAIRMAN)
- WILLIAM G KIESLING (VICE CHAIRMA)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Delaware canal 21 is to organize, secure and support both existing and new public and private partnerships and new funding sources and operating models in order to supplement short-term and long-term maintenance and capital improvement initiatives by the commonwealth of Pennsylvania to sustain the Delaware canal. We seek to have the canal fully-watered, in order to preserve its many ecological, cultural, and economic benefits. We respect the Delaware canal as an enduring historic artifact, we support it as a public recreation and civic amenity, and we honor its beauty.
What it reported doing in 2024
Sustainability program - this program acknowledges the Delaware canal requires a level of funding that simply cannot be adequately funded by a state park system and seeks to find a "business model" whereby the canal resumes fiscal sustainability. In 2024, Delaware canal 21 promoted and sought additional support for implementing the recommendations of the 2022 feasibility study (i.e. Formation of a new county-level business partner such as an authority or special services district).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 15
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 85
- Program expense ratio: 34.2%; rating input score 34
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -150%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 39.7%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -4.8% per year; rating input score 0; 36th percentile among comparable filings
- Revenue growth: -11.6% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -11.4% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 85.5% of revenue deployed · 34.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.