2026-07-27T10:46:34-05:00 2025-09-30 410746749 CLIFTON LARSEN ALLEN LLP 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2024-10-01 300401642 C&O CANAL TRUST INC C&OC 2402022625 142 W POTOMAC ST WILLIAMSPORT MD 21795 LAUREN RIVIELLO PRESIDENT AND CEO 2402022625 2026-07-23 1 0 BERT L SWAIN CPA P00238304 3017705100 2026-07-20 2024 2025-03-06 01:10:19Z LAUREN RIVIELLO 142 W POTOMAC ST WILLIAMSPORT MD 21795 1962208 0 X WWW.CANALTRUST.ORG X 2007 MD TO WORK IN PARTNERSHIP WITH THE NATIONAL PARK SERVICE TO PROTECT, RESTORE AND PROMOTE THE C&O CANAL NATIONAL HISTORICAL PARK. THE TRUST SEEKS TO ENSURE THAT THE PARK'S NATURAL, HISTORICAL, AND RECREATIONAL POTENTIAL IS FULLY REALIZED. 19 19 16 700 0 0 958621 1646087 193426 206061 0 0 73211 57030 1225258 1909178 127363 170908 0 0 667199 814171 0 0 17098 389007 407411 1183569 1392490 41689 516688 1766162 2334751 378035 429936 1388127 1904815 X TO WORK IN PARTNERSHIP WITH THE NATIONAL PARK SERVICE TO PROTECT, RESTORE AND PROMOTE THE C&O CANAL NATIONAL HISTORICAL PARK. THE TRUST SEEKS TO ENSURE THAT THE PARK'S NATURAL, HISTORICAL, AND RECREATIONAL POTENTIAL IS FULLY REALIZED. 0 0 902086 170908 216804 EDUCATION, INTERPRETATION AND OUTREACH:INTERPRETATION AND EDUCATION - AS THE OFFICIAL NONPROFIT PARTNER OF THE C&O CANAL NATIONAL HISTORICAL PARK, THE C&O CANAL TRUST WORKS CLOSELY WITH THE NATIONAL PARK SERVICE (NPS) TO DEVELOP AND MANAGE UNIQUE AND INNOVATIVE INTERPRETIVE AND EDUCATION PROGRAMS THAT ENHANCE THE VISITOR EXPERIENCE. 1) THE C&O CANAL TRUST'S NATIONALLY ACCLAIMED AND AWARD-WINNING CANAL QUARTERS PROGRAM CONTINUES TO PROVIDE IMMERSIVE INTERPRETIVE EXPERIENCES FOR OVERNIGHT VISITORS. THE SEVEN RESTORED LOCKHOUSES PROVIDE A UNIQUE EXPERIENCE FROM DIFFERENT PERIODS IN THE C&O CANAL'S HISTORY. THE PROGRAM HOSTED NEARLY 3,000 VISITORS FOR OVERNIGHT PROGRAMS IN FY25. 2) THE C&O CANAL TRUST PROVIDED CRITICAL FUNDS TO SUPPORT THE PARK'S CANAL CLASSROOMS EDUCATION PROGRAM, WHICH DELIVERS CURRICULUM-BASED STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, MATH) INSTRUCTION TO AREA SCHOOL CHILDREN. PROGRAMS IMMERSE K-12 STUDENTS INTO THE NATURAL AND HISTORICAL RESOURCES OF THE C&O CANAL BY PLANNING PROGRAMMING IN AN "OUTDOOR CLASSROOM" SETTING IN THE PARK. IN FY25, OVER 3,000 STUDENTS VISITED THE PARK THROUGH THE CANAL CLASSROOMS PROGRAM. OVER 35 FIELD TRIPS WERE DELIVERED, WITH STUDENT GROUPS PARTICIPATING IN A VARIETY OF DIFFERENT PROGRAM OFFERINGS ACROSS THE 184.5 MILES OF THE PARK, IN KEEPING WITH LOCAL CURRICULUM NEEDS AND STANDARDS. IN-PERSON PROGRAMMING WAS DELIVERED AT THE FOLLOWING PRIMARY GATEWAY SITES: 24 PROGRAMS AT GREAT FALLS, 10 PROGRAMS IN WILLIAMSPORT, TWO PROGRAMS IN CUMBERLAND, AND ONE PROGRAM AT FLETCHERS COVE. ADDITIONALLY, TEACHERS MAY CHOOSE FROM A DIGITAL LIBRARY OF TOPICS - CURRENTLY, THERE ARE FIVE TOPICS AVAILABLE FOR EDUCATORS TO USE TO INTRODUCE THEIR STUDENTS TO THE C&O CANAL. THIS OUTREACH PROGRAM BENEFITS SCHOOLS THAT RELY ON DISTANCE LEARNING AND ALLOWS FOR EXPANDED ENGAGEMENT WITH THE CANAL CLASSROOM'S UNIQUE PROGRAM ON A BROADER NATIONAL SCALE. THE PARK'S EDUCATION STAFF AND CANAL CLASSROOMS TEACHERS ALSO WORKED WITH HIGH-SCHOOL STUDENTS IN MONTGOMERY AND WASHINGTON COUNTIES TO PROVIDE CITIZEN SCIENTIST FIELD STUDIES AS PART OF STUDENTS' ADVANCED PLACEMENT ENVIRONMENTAL SCIENCE STUDIES PROGRAM.3) THE C&O CANAL TRUST'S CANAL EXPLORER IS AN AWARD-WINNING DOWNLOADABLE GEOLOCATION-BASED MOBILE APP, THAT HAS BEEN DOWNLOADED BY MORE THAN 12,000 PARK VISITORS. THE APP FEATURES MORE THAN 800 POINTS OF INTEREST, INCLUDING INFORMATION ABOUT HISTORIC LANDMARKS, AND ASSISTS USERS WITH CREATING SAVED ITINERARIES.COMMUNITY OUTREACH AND ENGAGEMENT-1) THE C&O CANAL TRUST CONNECTS WITH LOCAL COMMUNITIES TO IDENTIFY PRIORITIES AND ENGAGE THEIR SUPPORT IN KEY PARK INITIATIVES. THE CANAL TOWNS PARTNERSHIP PROVIDES REGIONAL ECONOMIC DEVELOPMENT AND COMMUNITY ENHANCEMENT ON BEHALF OF 11 COMMUNITIES ALONG THE CANAL, REAPING THE BENEFITS OF TRAIL-BASED TOURISM AND RECREATION. IN FY25, THE C&O CANAL TRUST CONTINUED TO SERVE AS THE FISCAL AGENT FOR THE PARTNERSHIP AND HELPED TO SUPPORT TOURISM IN NEARBY COMMUNITIES.2) HISTORIC PRESERVATION AND PARK INFRASTRUCTURE: THE C&O CANAL TRUST RAISED $88,841 IN FY25 TO IMPROVE THE RESILIENCY AND SURFACE OF THE PARK'S TOWPATH, INCLUDING SUPPORT FOR TOWPATH MAINTENANCE AND REHABILITATION, AND REPAIRS FOR HISTORIC CULVERTS.3) NATURAL RESOURCE CONSERVATION: THE C&O CANAL TRUST RAISED $134,122 IN FY25 TO SUPPORT THE CONSERVATION OF RARE, THREATENED, AND ENDANGERED PLANTS AND ADVANCE NATIVE PLANTS THROUGHOUT THE PARK, INCLUDING EFFORTS FOR INVASIVE PLANT MANAGEMENT.4) IN FY25, COMMUNITY OUTREACH AND CANAL FOR ALL PROGRAMS FOCUSED ON ENGAGING A BROAD RANGE OF AUDIENCES THROUGHOUT THE PARK FOR RECREATIONAL, VOLUNTEER, AND EDUCATIONAL OPPORTUNITIES. COMMUNITY OUTREACH INITIATIVES WELCOMED OVER 1,400 YOUTH AND ADULTS TO LOCATIONS THROUGHOUT THE C&O CANAL FOR EXPERIENTIAL LEARNING, FOSTERING A SHARED RESPONSIBILITY FOR PROTECTING, PRESERVING, AND RESTORING THIS NATIONAL TREASURE. IN ADDITION, THE C&O CANAL TRUST MOBILIZED OVER 700 VOLUNTEERS FOR THE 18TH YEAR OF THE CANAL COMMUNITY DAYS PROGRAM. THESE VOLUNTEERS DONATED OVER $300,000 WORTH OF IN-KIND LABOR TO BEAUTIFICATION, CONSERVATION, INFRASTRUCTURE IMPROVEMENT, AND HISTORIC PRESERVATION PROJECTS IN THE PARK. THE C&O CANAL TRUST'S QUARTERMASTER PROGRAM CONTINUES TO PROVIDE VOLUNTEER SUPPORT FOR GENERAL MAINTENANCE AND PRESERVATION OF THE CANAL QUARTERS LOCKHOUSES. THE PROGRAM HAD 43 VOLUNTEER QUARTERMASTERS IN FY25. 274511 OTHER PROGRAMS:VOLUNTEER ENGAGEMENT-THE C&O CANAL TRUST ACTIVELY RECRUITS AND OVERSEES SEVERAL VOLUNTEER PROGRAMS TO PROVIDE MEANINGFUL OPPORTUNITIES FOR THE PUBLIC TO CONTRIBUTE TO THE CARE AND SUPPORT OF THE PARK.1) THE C&O CANAL TRUST MOBILIZED OVER 700 VOLUNTEERS IN FY25 FOR THE 18TH YEAR OF THE CANAL COMMUNITY DAYS PROGRAM. THESE VOLUNTEERS DONATED OVER $300,000 WORTH OF IN-KIND LABOR TO CONSERVATION, ACCESS, INFRASTRUCTURE IMPROVEMENT, AND HISTORIC PRESERVATION PROJECTS IN THE PARK. 2) THE C&O CANAL TRUST'S VOLUNTEER QUARTERMASTERS PROGRAM CONTINUES TO PROVIDE VOLUNTEER SUPPORT FOR THE UPKEEP AND GENERAL MAINTENANCE AND PRESERVATION OF THE CANAL QUARTERS LOCKHOUSES. THE PROGRAM HAD 43 VOLUNTEER QUARTERMASTERS IN FY25. 1176597 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 16 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD VA WV PA X C & O CANAL TRUST INC 2402022625 142 W POTOMAC STREET WILLIAMSPORT MD 21795 FRANCIS GRANT-SUTTIE CHAIR 5.00 X X 0 0 0 ANTHONY STACY VICE CHAIRMAN 5.00 X X 0 0 0 BERT SWAIN TREASURER 5.00 X X 0 0 0 MARY ANN FISHER SECRETARY 5.00 X X 0 0 0 ED RYAN DIRECTOR 2.00 X 0 0 0 SHERIF ETTEFA DIRECTOR 2.00 X 0 0 0 STEVE CHAUDET DIRECTOR 2.00 X 0 0 0 CORY VAN HORN DIRECTOR 2.00 X 0 0 0 SANDY IRU GRACE DIRECTOR 2.00 X 0 0 0 MICHAEL MITCHELL DIRECTOR 2.00 X 0 0 0 PAUL JUOLA DIRECTOR 2.00 X 0 0 0 PAUL KROGH DIRECTOR 2.00 X 0 0 0 GAY BARCLAY DIRECTOR 2.00 X 0 0 0 ROBERT ANTON MERTZ DIRECTOR 2.00 X 0 0 0 PAUL BREMER DIRECTOR 2.00 X 0 0 0 JONATHAN MOORE WARNER DIRECTOR 2.00 X 0 0 0 MARC GROSSMAN DIRECTOR 2.00 X 0 0 0 LAUREN RIVIELLO PRESIDENT 50.00 X X 134646 0 0 JUDY HARRISON DIRECTOR 2.00 X 0 0 0 DONNA MILLS DIRECTOR 2.00 X 0 0 0 134646 0 0 1 0 0 0 0 32757 132342 1480988 109068 1646087 CANAL QUARTERS 721000 169534 169534 ADMINISTRATIVE FEES 541900 36527 36527 206061 53030 132342 53030 0 10743 0 10743 10743 MISCELLANEOUS 900099 46287 1445 44842 46287 1909178 218249 0 44842 170908 170908 134646 107717 26929 576836 474797 101688 351 12587 10446 2141 36651 30052 6599 53451 43829 9622 24447 19320 3442 1685 12714 11026 1522 166 11524 9743 1726 55 38051 23233 10837 3981 25000 20370 4618 12 26910 24334 2309 267 8043 3425 4616 2 7034 6488 545 1 PROGRAM EXPENSES 124190 101385 17363 5442 REPAIRS & MAINTENANCE 81884 81827 57 PRINTING & REPRODUCTION 20792 15809 1281 3702 MISCELLANEOUS 14163 11443 1562 1158 12659 10445 1938 276 1392490 1176597 198795 17098 1271347 1462671 326275 326340 130796 501789 3196 5284 4119 0 4119 34548 34548 1766162 2334751 108009 165864 45530 43195 224496 220877 378035 429936 X 686819 756426 701308 1148389 1388127 1904815 1766162 2334751 516688 0 X 0 1 X 1 0 X 687583 777363 642657 674344 1371920 4153867 257494 216823 204734 210340 216804 1106195 25000 25000 25000 25000 25000 125000 970077 1019186 872391 909684 1613724 5385062 0 0 0 5385062 3162 4876 22315 56296 46287 132936 973239 1024062 894706 965980 1660011 5517998 0.97590 0.98090 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34548 X X X 0 4119 4119 4119 PARK SERVICE TASK AGREEMENTS 54042 COMPENSATED ABSENCES 17645 LONG-TERM DEBT 145595 CURRENT MATURITIES OF LONG-TERM DEBT 3595 220877 X 1963158 53980 53980 1909178 0 1909178 1446470 53980 53980 1392490 0 1392490 PART III, LINE 1A: COLLECTIONS CONSIST OF ANTIQUES AND ARTIFACTS THAT ARE EXPECTED TO BE DONATED TO THE C&O NATIONAL HISTORICAL PARK TO FURNISH LOCK HOUSES AS PART OF THE CANAL QUARTERS PROGRAM. THESE ASSETS ARE CARRIED AT FAIR VALUE. PART X, LINE 2: BASED ON ITS INTERPRETATION OF THE REQUIREMENTS OF ASC 740-10, MANAGEMENT BELIEVES THAT THE TRUST HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PARK AFTER DARK GALA 185372 132342 53030 53030 185372 132342 53030 53030 53030 0 1 NATIONAL PARK SERVICE C&O CANAL NATIONAL HISTORICAL PARK 142 W POTOMAC STREET WILLIAMSPORT MD 21795 530197094 170908 0 SUPPORT EDUCATIONAL AND MAINTENANCE PROGRAM PART I, LINE 2: THE C&O CANAL TRUST WORKS CLOSELY WITH THE C&O CANAL NATIONAL HISTORICAL PARK TO DEFINE THE PURPOSE AND AMOUNT OF FUNDING FOR EACH GRANT, INCLUDING SPECIFIC OBJECTIVES, TIMING AND REPORTING. SUPPORT FOR EDUCATIONAL AND MAINTENANCE PROGRAMS X 2 11702 QUOTED FAIR MARKET VALUE X CONTRACTUAL PROJECT 3 67544 X USE OF OFFICE SPACE AND TELEPHONES 1 25000 MARKET VALUE X EVENT SUPPLIES 20 6382 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES A DRAFT OF FORM 990 TO ALL BOARD MEMBERS AND SOLICITS THEIR COMMENTS AND QUESTIONS REGARDING ANY CHANGES THEY BELIEVE SHOULD BE MADE TO THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY DISSEMINATES ITS CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND ASKS THEM TO DOCUMENT ANY LACK OF COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL INCLUDES PERFORMANCE EVALUATIONS AND REVIEWING COMPARABILITY DATA IN THE LOCAL REGION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.