TOTAL REVENUE - FISCAL 2025
$23,507,721
Up 21.2% from $19,392,213 in fiscal 2024.
Appalachian Trail Conservancy
Harpers Ferry, West Virginia - EIN 52-6046689 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Appalachian Trail Conservancy reported $23,507,721 in revenue and $16,099,867 in expenses in fiscal 2025, a surplus of $7,407,854 for the year. Program services took $11,664,255 of expenses, or 72.5%. The organization closed the year with $35,817,669 in net assets - about 26.7 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$16,099,867
Revenue minus expenses: $7,407,854 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
72.5%
$11,664,255 of $16,099,867 went to program services.
NET ASSETS - END OF FISCAL 2025
$35,817,669
Total assets $54,540,194 minus total liabilities $18,722,525.
TOP EXECUTIVE PAY - FISCAL 2025
$249,568
Sandra Marra, President & CEO, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
129 Employees
Plus 4,592 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.14 - $2,127,243 in fundraising expenses divided by $15,477,897 in total contributions. On cash contributions only: $0.14.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $15,477,897 |
| Of Which Cash Contributions | $15,411,695 |
| Of Which Donated Goods (Noncash) | $66,202 |
| Membership Dues | $921,952 |
| Fundraising Events | $218,895 |
| All Other Contributions | $14,337,050 |
| Program Service Revenue | $6,107,525 |
| Investment Income | $1,775,122 |
| Other Revenue | $147,177 |
| Total Revenue (All Sources) | $23,507,721 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
26.7 Months
of reserves - $35,817,669 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $1,341,655 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $54,540,194 |
| Total Liabilities | $18,722,525 |
| Liabilities as Share of Assets | 34.3% |
| Net Assets | $35,817,669 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Sandra Marra - President & CEO | $249,568 | 1.55% |
| Karen Cronin - Chief Financial Officer | $187,861 | 1.17% |
| Jeri Ward - Chief Growth Officer | $185,132 | 1.15% |
| Delita Marshland - Assoc VP Development | $180,547 | 1.12% |
| Kevin Metheny - VP Of Regional & Trail Ope | $172,796 | 1.07% |
| Daniel Ryan - VP For Conservation And Government | $172,070 | 1.07% |
| Anne Simonelli - Director Of Communications | $138,433 | 0.86% |
| Cinda Waldbuesser - President & CEO | $22,316 | 0.14% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
20 voting members, 20 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Sandra Marra | President & CEO |
| Karen Cronin | Chief Financial Officer |
| Jeri Ward | Chief Growth Officer |
| Delita Marshland | Assoc VP Development |
| Kevin Metheny | VP Of Regional & Trail Ope |
| Daniel Ryan | VP For Conservation And Government |
| Anne Simonelli | Director Of Communications |
| Cinda Waldbuesser | President & CEO |
| James Latorre | Chair |
| Katherine Ross | Treasurer |
| Eboni Preston-Goddard | Stewardship Council Rep. (End November) |
| Greg Merritt | Vice Chair/stewardship Council Rep. (Switched Nov) |
| Nicole Wooten | Director |
| Nathan Rogers | Director |
| Grant Davies | Director |
| Yong Lee | Secretary |
| Rajinder Singh | Director |
| Edward Guyot | Director |
| Lisa Manley | Vice Chair (Beg. In Nov.) |
| William Holman | Director |
| Naman Parekh | Director |
| Durrell Smith | Director |
| Renee Alston-Maisonet | Director |
| Roger Klein | Director |
| Rich Daileader | Director |
| Patricia Shannon | Director |
| Gregory Winchester | Director |
| David Rose | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence20 voting / 20 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $779,568 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Gatc 2025 GA TAG GRANTS | $31,302 |
| Potomac Appal Trail Club 2025 VA TAG, RIDGERUNNERS | $59,262 |
| Carolina Mountain Club 2025 NC LP TAG GRANTS | $13,428 |
| Nantahala Hiking Club 2025 NC LP TAG GRANTS | $6,245 |
| Roanoke Appal Trail Club VA LICENSE PLATE GRANT | $5,845 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $19,392,213 | - |
| Fiscal 2025 | $23,507,721 | +21.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed May 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.