Carroll County Wabash & Erie Canal Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE CARROLL COUNTY WABASH & ERIE CANAL'S MISION IS TO PROVIDE OUR VISITORS WITH INFORMATION ABOUT THE WABASH AND ERIE CANAL AND OFFER EDUCATIONAL OPPORTUNITIES FOR ALL AGES ABOUT THE CANAL ERA IN INDIANA AND ITS IMPORTANCE TO INDIANA HISTORY.
- Income
- $351,931
- Spending
- $297,292
- Spent on programs
- 72%
- Reserves
- 10.4 months of spending
- Largest source of income
- donations and private grants, 51%
- Employees
- 5
- Volunteers
- 100
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.4 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100.
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $170,688 spent. THE ASSOCIATION OFFERS NARRATED RIDES ON A REPLICA CANAL BOAT PLUS PERIOD REPLICA BUILDINGS AND STRUCTURES OFFERING MORE INTERPRETIVE EXPERIENCES FOR PARK VISITORS. FACILITIES INCLUDE A ONE ROOM SCHOOL HOUSE AND RESTORED CANAL ERA HOME, AMONG OTHERS. AREA SCHOOLS FREQUENTLY TAKE THE OPPORTUNITY TO HAVE THEIR STUDENTS TOUR THE FACILITIES TO HELP REINFORCE WHAT IS TAUGHT ABOUT THE CANAL ERA IN INDIANA HISTORY.
- $32,004 spent. THE INTERPRETIVE CENTER OFFERS A MUSEUM FOR USE BY SCHOOL TOUR GROUPS AND THE COMMUNITY AT LARGE. THE MUSEUM PRESENTS CANAL HISTORY IN AN INTERACTIVE FORMAT TO BEST ENABLE GUESTS TO RETAIN INFORMATION PRESENTED REGARDING THE HISTORY OF THE CANAL. THE CENTER IS ALSO USED FOR MANY FAMILY OUTINGS AND GROUP MEETINGS FOR SERVICE ORGANIZATIONS WHICH HEIGHTENS COMMUNITY AWARENESS OF WHAT IS OFFERED.
- $10,668 spent. PROGRAMS OFFERED THROUGHOUT THE YEAR INCLUDE "CANAL DAYS- AND "OLD FASHIONED CHRISTMAS" WHICH OFFER THE OPPORTUNITY TO ENJOY "OLD TIME" ACTIVITIES, INCLUDING HOMEMADE FOOD, PERIOD CRAFTSMAN AND ART. THESE EVENTS GENERATE SIGNIFICANT INTEREST FROM POTENTIAL DONORS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1975.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.