Friends of the Northern Rail Trail

Nonprofit profile at a glance

EIN
841665769
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-EZ 2024
Location
New London, NH, USA
Phone
9788709191
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$212,805
Expenses
$146,230
Assets
$121,399
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Lindy Heim (President)
  • Don Moyer (Vice President)

People named in this filing

  • Lindy Heim (President)
  • Don Moyer (Vice President)
  • Thomas Rousseau (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To Improve, Promote and Maintain the Northern Rail Trail as a Four Season Multi Use Recreational Trail

What it reported doing in 2025

1. $117,968 Total for Trail Resurfacing, Maintenance & Improvements. This includes: A. $79,460 Grafton, NH Resurfaced and widened the trail north and south of Grafton Center Meetinghouse, By Mark Thompson Excavation Inc. B. $11,709 for Bridge Deck Replacement and Bridge Repairs by Belletetes Building Materials, Lavalley Building Supplies. "C. $11,071 for Mowing and Leaf Blowing by Tucker Mountain Land Services and $1,224 leaf blower by Ready Rents. " D. $4,518, Boscawen, NH Resurfaced trail approach to Hannah Duston Bridge, by Mark Thompson Excavation Inc. E. $3,240, Danbury, NH Trail Resurfacing resulting from flood damage at Jack Wells Road north and south, by Mark Thompson Excavation Inc. F. $3,000, Danbury, N.H Added hard pack surface at Carr Street Crossing & cover exposed Rail Resurface, by J&B Landscaping & Excavation LLC. G. $1,820, for 3 TrafX Trail Counters by TRAFx Research Ltd. H. $1,650, Danbury, N.H. Culvert Cleaning and Ditching at Beaver Pond by Mark Thompson Excavation. I. $1,500 For State of NH Dredge & Fill Permit Trail Services at Enfield , NH by Meridian Land Services.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 66
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.2%; rating input score 63
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 31.3%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 22.2% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -11.5% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 63.2% of revenue deployed · 90.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $133K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 39 of 39 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.