Skip to content

Vermont · Nonprofit

Upper Valley Trails Alliance Inc

Upper Valley Trails Alliance Inc (Vermont) receives grants from 37 organizations whose IRS filings report $997,815 to it, the largest being New Hampshire Charitable Foundation ($266,955). 26 of them have funded it in more than one year.

Revenue FY2025
$482k
Funders on record
37
Grants received
$998k
Net assets
$636k
26/37 repeat funderspeak grant-dependency 50%
01What it does

What Upper Valley Trails Alliance Inc does

Mission

We advocate for the use, maintenance and development of trails in the region. Through education, outreach, and stewardship, we promote active lifestyles through trail use in all seasons, connect people and places through a regional trail network, and lead a coalition of local trail groups and advocates.

As stated on its FY2025 Form 990.

Programs

  1. Trail Services: We are the premier trail services organization in the Upper Valley completely dedicated to trails. For more than 25 years, we have been building, maintaining and improving trails. We work with municipalities, conservation commissions, trail groups, nonprofits, private landowners, and others to provide the highest quality trail services. Our 2025 trail projects included: (a) building the Village Trail connecting Vershire Town Center and community resources to an expanding trail network; (b) improving a portion of the wheelchair accessible River Loop Trail on the Montshire Science Museum campus; (c) repairing and improving steep and eroding sections of the Cross Rivendell Trail on Mt. Cube; and (d) creating the new Kendall Connector Trail to safely and sustainably link two of the Hanover Conservancy's beautiful properties via the historic Harris Trail.

    $180,953 spent$139,824 earned by the program
    52% of program spending
  2. Education and Outreach programs include: (1) the Upper Valley High School Trail Corps program; (2) Passport to Winter Fun; (3)"Trail Finder", and (4) outdoor events. - Our High School Trail Corps program provides an opportunity for high school students to spend time outdoors while learning to build trails in a sustainable way. Each year, our trail corp crews help improve more than 50 miles of trails. - Passport to Winter Fun is a fitness incentive program designed to keep children physically active during the winter season. Each participant receives a booklet in which they track their physical activity. There are prizes based on achievement and participants who complete the program are entered into a raffle. During 2025, we distributed more than six thousand booklets to children in schools and home school groups. - Trail Finder, which has been named the "official trail resource" for NH and VT, is a comprehensive online resource that contains detailed trail maps, directions to trailheads, current trail alerts and other useful information. Trail Finder had more than 300,000 users in 2025. - Outdoor events include the Tour de Taste which is a scenic pedaling picnic through the…

    $170,190 spent$3,430 earned by the program
    48% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $351,143.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($278k) Expenses 100 ($323k) Net assets 100 ($402k)2018 Revenue 142 ($395k) Expenses 93 ($301k) Net assets 123 ($496k)2019 Revenue 119 ($330k) Expenses 131 ($422k) Net assets 101 ($404k)2020 Revenue 148 ($413k) Expenses 118 ($380k) Net assets 109 ($438k)2021 Revenue 136 ($378k) Expenses 108 ($350k) Net assets 116 ($465k)2022 Revenue 153 ($425k) Expenses 115 ($372k) Net assets 128 ($516k)2023 Revenue 167 ($465k) Expenses 128 ($414k) Net assets 141 ($568k)2024 Revenue 166 ($460k) Expenses 139 ($450k) Net assets 151 ($605k)2025 Revenue 173 ($482k) Expenses 137 ($442k) Net assets 158 ($636k)
'17'18'19'20'21'22'23'24'25
Revenue (173)Expenses (137)Net assets (158)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $403k to $496k (+23%).

$403k
$496k
$404k
$438k
$465k
$516k
$568k
$614k
$646k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 18% · 2021 20% · 2022 2% · 2023 7%. Grants only. Government contracts and fees sit inside program revenue.

69% of Upper Valley Trails Alliance Inc’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$45k
’17
$95k
’18
−$92k
’19
$33k
’20
$28k
’21
$53k
’22
$51k
’23
$10k
’24
$40k
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Karen Kaliski

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141510151615141415
Joined·+4+1+7+5+4+2+5+7
No longer listed·36245356
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 17 funders, grant income rose $71k → $136k.

6 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Upper Valley Trails Alliance Inc’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Upper Valley Trails Alliance Inc has a broad base — no single funder exceeds 27% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

66% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Upper Valley Trails Alliance Inc.

27%
largest funder
45%
top three
~9
effective funders

Largest funder’s share by year: 2017 57% · 2018 43% · 2019 70% · 2020 19% · 2021 21% · 2022 43% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of Upper Valley Trails Alliance Inc's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Upper Valley Trails Alliance Inc draws 84% of its grant income from funders outside Vermont, across 10 states in all.

ME
VT
NH
NY
MA
PA
CT
CA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Vermont out of state home

Funder states come from each funder’s own filing. $386k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Upper Valley Trails Alliance Inc runs a healthier operating margin than half of the 16,849 education nonprofits its size.

Operating margin8% · above the median
Months of reserve12.6mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Government funding Upper Valley Trails Alliance Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $170k on record.

State$170k
14
15
16
17
18
19
20
21
22
23
24
25
Top programs
  • Grants$154k
  • Small Tools$7k
  • Software - Desktop$4k
  • Other Purchased Services$3k
  • Subscriptions$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Upper Valley Trails Alliance Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 12%Fundraising 9%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NH

Screen this organization

A dated, signed PDF of the compliance screen for Upper Valley Trails Alliance Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Upper Valley Trails Alliance Inc?
Upper Valley Trails Alliance Inc (Vermont) receives grants from 37 organizations whose IRS filings report $997,815 to it, the largest being New Hampshire Charitable Foundation ($266,955). 26 of them have funded it in more than one year.
How many funders does Upper Valley Trails Alliance Inc have?
IRS filings report 37 organizations giving $997,815 in grants to Upper Valley Trails Alliance Inc, 26 of which have funded it in more than one year.
Who is the largest funder of Upper Valley Trails Alliance Inc?
New Hampshire Charitable Foundation is the largest funder on record, with $266,955 in grants. The full list of funders is on this page.
How can an organization like Upper Valley Trails Alliance Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Upper Valley Trails Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing