FRANKLIN LAND TRUST INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FRANKLIN LAND TRUST INC (EIN 22-2744488)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-10
IRS object ID
201821309349302612
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-10T12:58:37-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN020354851PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MELANSON HEATH & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 MUNSON ST SUITE 120AddressLine1Txt
CityGREENFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222744488EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRANKLIN LAND TRUST INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRANBusinessNameControlTxt
Phone4136259151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 450AddressLine1Txt
CitySHELBURNE FALLSCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01370ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD K HUBBARDPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4136259151PhoneNum
Signature2018-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHERYL L STEPHENS-BURKE CPAPreparerPersonNm
PTINP00085224PTIN
Phone4137735405PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerRICHARD K HUBBARDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 450AddressLine1Txt
CitySHELBURNE FALLSCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01370ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,461,399GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFRANKLINLANDTRUST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionLAND PRESERVATIONActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers161TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$921,830PYContributionsGrantsAmt
CY Contributions Grants$1,160,311CYContributionsGrantsAmt
PY Program Service Revenue$58,886PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$18,968PYInvestmentIncomeAmt
CY Investment Income-$25,279CYInvestmentIncomeAmt
PY Other Revenue$123,211PYOtherRevenueAmt
CY Other Revenue$134,467CYOtherRevenueAmt
PY Total Revenue$1,122,895PYTotalRevenueAmt
CY Total Revenue$1,269,499CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$516,268PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$565,025CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$94,794CYTotalFundraisingExpenseAmt
PY Other Expenses$210,830PYOtherExpensesAmt
CY Other Expenses$404,708CYOtherExpensesAmt
PY Total Expenses$727,098PYTotalExpensesAmt
CY Total Expenses$969,733CYTotalExpensesAmt
PY Revenues Less Expenses$395,797PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$299,766CYRevenuesLessExpensesAmt
Total Assets BOY$2,585,780TotalAssetsBOYAmt
Total Assets EOY$3,459,182TotalAssetsEOYAmt
Total Liabilities BOY$437,599TotalLiabilitiesBOYAmt
Total Liabilities EOY$746,963TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,148,181NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,712,219NetAssetsOrFundBalancesEOYAmt
MissionTHE FRANKLIN LAND TRUST WORKS WITH LANDOWNERS AND COMMUNITIES TO PROTECT THE FARMS, FORESTS AND OTHER NATURAL RESOURCES SIGNIFICANT TO THE ENVIRONMENTAL QUALITY, ECONOMY AND RURAL CHARACTER OF OUR REGION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$756,324ExpenseAmt
DescDURING THE FISCAL YEAR OF 2017, THE FRANKLIN LAND TRUST ASSISTED IN THE PROTECTION OF 7 PROPERTIES TOTALING 359 ACRES. AS OF THE END OF THE FISCAL YEAR 2017, THE FRANKLIN LAND TRUST HAS COMPLETED 390 PROJECTS, TOTALING 30,930 ACRES IN 31 TOWNS THROUGHOUT WESTERN MASSACHUSETTS.FLT'S ACCOMPLISHMENTS IN PERMANENTLY PROTECTING THESE LANDS BENEFITS THE PUBLIC BY PROVIDING WILDLIFE HABITAT, CLEAN AIR AND WATER, PRODUCTIVE FARMS AND WOODLANDS, AND RECREATIONAL OPPORTUNITIES. SUPPORT FROM FLT MEMBERS, DONORS AND FOUNDATIONS IS CRITICAL TO CONSERVING THESE VITAL RESOURCES FOR FUTURE GENERATIONS.Desc
Total Program Service Expenses$756,324TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation EasementsYes (1)ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4136259151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 MECHANIC STREETAddressLine1Txt
CitySHELBURNE FALLSCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01370ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MARK ALLEN
DIRECTOR0.30Yes (X)$0$0$0
ANTHONY BORTON
DIRECTOR0.30Yes (X)$0$0$0
JAN CARR
DIRECTOR0.30Yes (X)$0$0$0
NINA COLER
DIRECTOR0.30Yes (X)$0$0$0
RUAH DONNELLY
DIRECTOR0.30Yes (X)$0$0$0
JAAP MOLENAAR
DIRECTOR0.30Yes (X)$0$0$0
ALAN SWEDLUND
DIRECTOR0.30Yes (X)$0$0$0
OLAF THORP
TREASURER0.30Yes (X)$0$0$0Yes (X)
NORMA COLI
CLERK0.50Yes (X)$0$0$0
PAUL COOPER
PRESIDENT0.50Yes (X)$0$0$0Yes (X)
TOM LUCK
VICE PRESIDENT0.50Yes (X)$0$0$0
HUBBARD RICHARD
EXECUTIVE DIRECTOR40.00$76,801$0$5,491Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$76,801TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,491TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$70,024GovernmentGrantsAmt
All Other Contributions$1,090,287AllOtherContributionsAmt
Noncash Contributions$74,655NoncashContributionsAmt
Total Contributions$1,160,311TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$146TotalRevenueColumnAmt
Exclusion$146ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$60,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$85,425OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$25,425OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$25,425TotalRevenueColumnAmt
Related Or Exempt Func Income-$25,425RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$238,772FundraisingGrossIncomeAmt
Fundraising Direct Expenses$106,475FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$132,297TotalRevenueColumnAmt
Exclusion$132,297ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$2,170TotalRevenueColumnAmt
Related Or Exempt Func Income$2,170RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,170OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,269,499TotalRevenueColumnAmt
Related Or Exempt Func Income-$23,255RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$132,443ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$83,465TotalAmt
Program Services$58,426ProgramServicesAmt
Management And General$16,693ManagementAndGeneralAmt
Fundraising$8,346FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$407,599TotalAmt
Program Services$338,698ProgramServicesAmt
Management And General$8,731ManagementAndGeneralAmt
Fundraising$60,170FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$10,142TotalAmt
Program Services$8,428ProgramServicesAmt
Management And General$216ManagementAndGeneralAmt
Fundraising$1,498FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$23,952TotalAmt
Program Services$19,826ProgramServicesAmt
Management And General$618ManagementAndGeneralAmt
Fundraising$3,508FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$39,867TotalAmt
Program Services$32,293ProgramServicesAmt
Management And General$1,993ManagementAndGeneralAmt
Fundraising$5,581FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,861TotalAmt
Management And General$42,861ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$23,011TotalAmt
Program Services$8,707ProgramServicesAmt
Management And General$13,086ManagementAndGeneralAmt
Fundraising$1,218FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$30,055TotalAmt
Management And General$30,055ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,805TotalAmt
Program Services$7,132ProgramServicesAmt
Management And General$440ManagementAndGeneralAmt
Fundraising$1,233FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$19,193TotalAmt
Program Services$15,546ProgramServicesAmt
Management And General$960ManagementAndGeneralAmt
Fundraising$2,687FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,057TotalAmt
Program Services$6,526ProgramServicesAmt
Management And General$403ManagementAndGeneralAmt
Fundraising$1,128FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,831TotalAmt
Program Services$1,567ProgramServicesAmt
Fundraising$3,264FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$714TotalAmt
Management And General$714ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$25,446TotalAmt
Program Services$20,612ProgramServicesAmt
Management And General$1,272ManagementAndGeneralAmt
Fundraising$3,562FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,143TotalAmt
Program Services$7,406ProgramServicesAmt
Management And General$457ManagementAndGeneralAmt
Fundraising$1,280FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
DIRECT PROJECT EXPENSES$225,857$225,857
DUES$3,024$2,029$995
MISCELLANEOUS$2,311$1,871$324$116
STEWARDSHIP$1,400$1,400

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$969,733TotalAmt
Program Services$756,324ProgramServicesAmt
Management And General$118,615ManagementAndGeneralAmt
Fundraising$94,794FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$235,008BOYAmt
EOY$195,077EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,100BOYAmt
EOY$1,066,987EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$120,192BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$136,275BOYAmt
EOY$124,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,740,458LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$117,933LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,649,649BOYAmt
EOY$1,622,525EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$208,731BOYAmt
EOY$300,293EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$211,825BOYAmt
EOY$150,300EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,585,780BOYAmt
EOY$3,459,182EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,468BOYAmt
EOY$19,465EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$27,797BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$705,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$15,000BOYAmt
EOY$20,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$386,334BOYAmt
EOY$2,498EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$437,599BOYAmt
EOY$746,963EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,837,773BOYAmt
EOY$2,257,790EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$310,408BOYAmt
EOY$454,429EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,148,181BOYAmt
EOY$2,712,219EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,585,780BOYAmt
EOY$3,459,182EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$299,766ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$26,519NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$237,753PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$965,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$885,433CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$618,115CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,830CurrentTaxYearMinus1YearAmt
Current Tax Year$1,160,311CurrentTaxYearAmt
Total$4,550,892TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$965,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$885,433CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$618,115CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,830CurrentTaxYearMinus1YearAmt
Current Tax Year$1,160,311CurrentTaxYearAmt
Total$4,550,892TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$144,559SubstantialContributorsTotAmt
Public Support Total170$4,406,333PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,355CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,612CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,968CurrentTaxYearMinus1YearAmt
Current Tax Year$146CurrentTaxYearAmt
Total$105,465TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$152,190CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$112,580CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$93,260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$123,211CurrentTaxYearMinus1YearAmt
Current Tax Year$134,467CurrentTaxYearAmt
Total$615,708TotalAmt
FieldValueIRS element (for citing)
Total Support$5,272,065TotalSupportAmt
Gross Receipts Rltd Activities$106,753GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83580PublicSupportCY170Pct
Public Support PY1700.76810PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements134TotalEasementsCnt
Total Acreage8655.00TotalAcreageCnt
Historic Structure Easements0HistoricStructureEasementsCnt
Historic Strctr Easements Aftr0HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (1)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement3403.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$79,534ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdYes (1)Section170hRqrStsfdInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$188,150InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$981,201OtherCostOrOtherBasisAmt
Book Value$1,169,351BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$501,635OtherCostOrOtherBasisAmt
Depreciation$57,433DepreciationAmt
Book Value$444,202BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$69,472OtherCostOrOtherBasisAmt
Depreciation$60,500DepreciationAmt
Book Value$8,972BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,622,525TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$2,498Amt
FieldValueIRS element (for citing)
Total Liability$2,498TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,296,018TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$26,519NetUnrealizedGainsInvstAmt
Revenue Not Reported$26,519RevenueNotReportedAmt
Revenue Subtotal$1,269,499RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,269,499TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$969,733TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$969,733ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$969,733TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 5:THE ORGANIZATION FOLLOWS THE POLICY OF CAPITALIZING AGRICULTURAL PRESERVATION RESTRICTIONS AT COST IF PURCHASED. DONATED AGRICULTURAL PRESERVATION RESTRICTIONS ARE RETIRED WHEN RECEIVED AND ARE THEREFORE NOT REFLECTED IN THE FINANCIAL STATEMENTS.
PART II, LINE 9:THE ORGANIZATION FOLLOWS THE POLICY OF CAPITALIZING AGRICULTURAL PRESERVATION RESTRICTIONS AT COST IF PURCHASED. DONATED AGRICULTURAL PRESERVATION RESTRICTIONS ARE RETIRED WHEN RECEIVED AND ARE THEREFORE NOT REFLECTED IN THE FINANCIAL STATEMENTS.
PART X, LINE 2:FRANKLIN LAND TRUST, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 510(C)(3). THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS. THE ORGANIZATION FOLLOWS FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 DID NOT HAVE A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER FILING. THE ORGANIZATION RECOGNIZES INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES THAT ARE INCLUDED WITHIN REPORTING EXPENSES. DURING THE YEAR ENDED JUNE 30, 2017, THE ORGANIZATION HAD NO INTEREST OR PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BIKE TOUREvent1Nm
Gross Receipts Event1$201,964GrossReceiptsEvent1Amt
Gross Revenue Event1$201,964GrossRevenueEvent1Amt
Other Direct Expenses Event1$96,782OtherDirectExpensesEvent1Amt
Event2GOLF TOURNAMENTEvent2Nm
Gross Receipts Event2$36,808GrossReceiptsEvent2Amt
Gross Revenue Event2$36,808GrossRevenueEvent2Amt
Other Direct Expenses Event2$9,693OtherDirectExpensesEvent2Amt
Gross Receipts Total$238,772GrossReceiptsTotalAmt
Gross Revenue Total Events$238,772GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$106,475OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$106,475DirectExpenseSummaryEventsAmt
Net Income Summary$132,297NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$15,835NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVERAGE SHARE PRICEMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$56,900NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescVARIOUS ITEMSDesc
Contribution0ContributionCnt
Noncash Contributions Rpt F990$1,920NoncashContributionsRptF990Amt
Method Of Determining RevenuesESTIMATED VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS VIA EMAIL. THE BOARD MEMBERS REVIEW THE 990 AND PROVIDE FEEDBACK AT THEIR DISCRETION BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REQUIRED TO BE SIGNED ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE ON FILE WITH THE COMMONWEALTH OF MASSACHUSETTS. THE ORGANIZATION'S FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PAGE 12, PART XII, LINE 12CTHE BOARD OF DIRECTORS SELECTS AN INDEPENDENT AUDITOR ON AN ANNUAL BASIS TO AUDIT THE FINANCIAL STATEMENTS OF THE ORGANIZATION. THE AUDITED FINANCIAL STATEMENTS ARE THEN REVIEWED BY THE BOARD PRIOR TO COMPLETION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS WOODLANDS INSTITUTEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 450AddressLine1Txt
CitySHELBURNE FALLSCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01370ZIPCd
FieldValueIRS element (for citing)
EIN043562879EIN
Primary ActivitiesECONOMIC DEVELOPMENTPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
MASSACHUSETTS WOODLANDS INSTITUTE
Q$17,154ACTUAL COSTS
MASSACHUSETTS WOODLANDS INSTITUTE
D$93,000LOAN AMOUNT

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