M-1 RAILClosed
Closed
Income Statement
Fiscal Year Start:
Oct 1
Closed
This organization closed in 2025. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2025
$16,383
Other
61%
Investments
39%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$6,727,113
Grants
93%
Salaries & Benefits
3%
Other
2%
Fees to Service Providers
1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$4,800,000
$0
-100%
Government Grants
$5,176,936
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$3,361,276
$0
-100%
Membership Dues
$0
$0
-
Investments
$170,471
$6,383
-96%
Other
-$2,314,345
$10,000
-100%
Total Revenues
$11,194,338
$16,383
-100%
Expenses
2024
2025
Change
Grants
$47,424,045
$6,285,046
-87%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,397,380
$219,802
-94%
Fees to Service Providers
$1,263,362
$100,511
-92%
Advertising & Promotion
$148,237
$0
-100%
Offices, Occupancy & IT
$1,053,810
$1,500
-100%
Interest
$23,226
$0
-100%
Depreciation
$119,392
$0
-100%
Other
$5,977,524
$120,254
-98%
Total Expenses
$59,406,976
$6,727,113
-89%
Net income
2024
2025
Change
Net income
-$48,212,638
-$6,710,730
+86%
Functional Expenses
Summary
2024
2025
Change
Program
$58,232,443
$6,286,848
-89%
Admin
$1,008,407
$440,265
-56%
Fundraising
$166,126
$0
-100%
Total Expenses
$59,406,976
$6,727,113
-89%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)