2017-11-09T16:23:53-08:00 2016-12-31 Spiteri Narasky & Daley LLP 1024 Country Club Dr Moraga CA 94556 990 2016-01-01 943280315 GUANACASTE DRY FOREST CONSERVATION FUND GUAN 8024346168 4780 MAIN ROAD HUNTINGTON VT 05462 ERIC PALOLA Executive Director 2017-11-09 true THOMAS C DALEY P00240270 9253762195 2016 2021-01-29 14:40:06Z 3787247 false false X www.gdfcf.org X 1997 CA The mission of the GDFCF is to carry out any project or initiative that will increase the chances of survival of the ecosystems and biodiversity of Area de Conservacion Guanacaste in Northern Costa Rica. See Schedule O for additional details. 12 11 1 15 0 1333584 1258049 182779 207867 275727 70711 -80531 113445 1711559 1650072 54800 283829 0 697852 735546 0 97577 1595300 1712146 2347952 2731521 -636393 -1081449 12510781 12069713 226206 430653 12284575 11639060 The mission of the GDFCF is to carry out any project or initiative that will increase the chances of survival of the ecosystems and biodiversity of Area de Conservacion Guanacaste in Northern Costa Rica. See Schedule O for additional details. false false 1739759 ACG BIODIVERSITY INVENTORY:FUNDED BIODIVERSITY INVENTORY OF THE MOTHS, CATERPILLARS, FOOD PLANTS, AND PARASITOIDS OF AREA DE CONSERVACION GUANANACASTE (ACG) FOR DIRECT SCIENTIFIC BASIC RESEARCH AND EDUCATION, AND FOR USE IN MANAGEMENT AND CONSERVATION DECISIONS BY ACG. EXPENSES INCLUDE THE OPERATING COSTS OF 13 RESEARCH STATIONS STAFFED BY LOCALLY-TRAINED PARATAXONOMISTS, FUNDING FOR RESEARCH ASSISTANTS, AND THE COST OF DNA BARCODING OF SPECIMENS COLLECTED. 420090 207867 PURCHASE AND HOLDING OF LAND FOR PRESERVATION:DURING THE YEAR, GDFCF ACQUIRED 180 ACRES OF LAND IN THE RINCON RAIN FOREST SECTOR OF ACG, AT A TOTAL COST OF $368,644. MUCH OF THIS LAND IS RAIN FOREST WHICH WILL BE PRESERVED FROM FUTURE LOGGING. CURRENT YEAR COSTS ALSO INCLUDE LEGAL FEES, MAPPING COSTS, AND CONTRACTOR PAYMENTS ASSOCIATED WITH THE NEGOTIATION OF ONGOING LAND PURCHASES, AS WELL AS PROPERTY TAXES AND FEES ASSOCIATED WITH EXISTING LAND HOLDINGS. THE ORGANIZATION RECEIVED $99,938 OF ENVIRONMENTAL SERVICES PAYMENTS FROM THE GOVERNMENT OF COSTA RICA AS COMPENSATION FOR PRESERVING THESE FOREST LANDS, PLUS $107,929 FROM AN ELECTRICAL UTILITY COMPANY AS A MITIGATION PAYMENT FOR CONSTRUCTION OF UTILITY LINES OVER THE ORGANIZATION'S PROPERTY. 297936 283829 MADE DIRECT GRANTS TO THE AREA DE CONSERVACION GUANACASTE TO SUBSIDIZE EQUIPMENT PURCHASES AND OTHER COSTS OF ITS OPERATIONS, INCLUDING ITS BIOLOGICAL EDUCATION PROGRAM. 2457785 true true false false false false false true false true true false false true true false true false false true true true false false false false false false false false false false false false false false true false false false false true false false false false false false false false false true X 2 0 false 1 true false false true CS false false false false false 0 false false false false false false false false false false X 12 11 true false false false false false false true true false false false false false false false false false false false AK AZ CA CT CT DC GA HI IL KS LA MA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OR PA RI SC TN VA VI WA WI WV X X THOMAS C DALEY 9253762195 1024 COUNTRY CLUB DRIVE MORAGA CA 94556 DANIEL JANZEN President 40.00 0.00 X X 0 0 0 WINNIE HALLWACHS Vice President 40.00 0.00 X X 0 0 0 STEVE STROUD CFO 2.00 0.00 X X 0 0 0 FRANK JOYCE Vice President 5.00 0.00 X X 0 0 0 BRAD ZLOTNICK Director 2.00 0.00 X 0 0 0 ROB PRINGLE Director 1.00 0.00 X 0 0 0 ERIC PALOLA Exec Dir/Sec'y 40.00 0.00 X X 136526 0 0 TERRI MCCARTHY Director 1.00 0.00 X 0 0 0 PATRICK GOODWILLIE Director 1.00 0.00 X 0 0 0 JESSIE HILL Director 1.00 0.00 X 0 0 0 SCOTT MILLER Director 1.00 0.00 X 0 0 0 JASON GREEN Director 1.00 0.00 X 0 0 0 136526 1 false false false 0 455000 803049 112490 1258049 ENVIRONMENTAL SRVCES PMTS 99938 99938 MITIGATION PAYMENTS 107929 107929 207867 170736 170736 0 0 0 2032650 4500 1990768 146407 41882 -141907 -100025 -100025 0 0 0 INC IN FMV OF TRUST FUND 113065 113065 PUBLICATION ROYALTY 380 380 113445 1650072 207867 184156 0 0 283829 283829 0 130771 32693 45770 52308 0 422876 411760 11116 0 69915 45242 11514 13159 111984 102208 6115 3661 0 12033 2933 1600 7500 50 50 0 0 37329 37329 32381 8000 24381 0 5224 1615 1787 1822 0 0 0 67755 42032 12595 13128 0 0 84 84 0 35421 35421 2986 2986 DNA BARCODING 596500 596500 LAND ACQUISITION COSTS 368644 368644 CONTRACT LABOR 258488 238784 19704 VEHICLE RENTALS 65634 65634 229617 222490 1128 5999 2731521 2457785 176159 97577 490450 183465 897246 1250425 3759597 2734595 0 0 0 0 0 106975 270931 120608 161722 150323 5695299 5982191 98511 138520 0 0 1407956 1523219 12510781 12069713 132707 82260 40176 8542 180000 93499 119675 226206 430653 X 4155632 4301498 4115521 3205709 4013422 4131853 12284575 11639060 12510781 12069713 X -1081449 386304 49630 X false true X true false X 2373550 6030429 2430048 1333584 1258049 13425660 0 0 2373550 6030429 2430048 1333584 1258049 13425660 7254345 6171315 111303 152978 222661 196468 176369 859779 6392 11444 21008 261 39105 76226 62994 115286 600 117945 373051 14697595 908407 0.41990 0.41760 X Support Schedule: Additional Supplemental Information INFORMATION REGARDING RESTATEMENT OF PRIOR YEAR SCHEDULE A DATADURING THE AUDIT OF THE ORGANIZATION'S 2014 FINANCIAL STATEMENTS, THE OUTSIDE AUDITORS DETERMINED THAT THE ASSETS HELD IN A TRUST FUND ESTABLISHED BY A NONPROFIT ORGANIZATION IN CANADA SHOULD BE INCLUDED ON THE BALANCE SHEET OF THE ORGANIZATION. THIS TRUST FUND WAS ESTABLISHED AND FUNDED IN 2011, FOR THE BENFIT OF THE ORGANIZATION. THE SCHEDULE A DATA FOR PRIOR YEARS HAS BEEN RESTATED TO REFLECT BOTH THE CONTRIBUTIONS TO THIS TRUST FUND, AND THE ANNUAL EARNINGS OF THE FUND. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 7357068 72468 477328 8781 7898083 6706063 741771 -80553 10213 7357068 2826371 3712087 272726 99935 5186 6706063 1919404 843142 310345 239975 6545 2826371 1877559 41845 49215 44197 5018 1919404 0.47700 0.52300 true false false 63842 63842 207089 120608 86481 150323 ICON LEASING 12 18997 F INVENTRUST PROPERTIES CORP 28757 F HIGHLANDS REIT 3784 F GREENBACKER RENEWABLE ENERGY LLC 86982 F DEPOSITS FMV OF BENEFICIAL INTEREST IN ICFC TRUST 1519853 OTHER RECEIVABLES 3366 1523219 AGENCY DONATION FUNDS HELD 112925 DEPOSITS HELD 6750 119675 2133854 386304 135000 -109 521195 1612659 37413 37413 1650072 2828999 135000 -109 134891 2694108 37413 37413 2731521 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o THE ORGANIZATION HOLDS TROPICAL FOREST LAND THAT IT HAS ACQUIRED FOR PRESERVATION OF ENDANGERED ECOSYSTEMS AND SPECIES. THIS LAND IS DEDICATED FOR FUTURE INCORPORATION INTO THE COSTA RICAN NATIONAL PARK SYSTEM (OR SOME OTHER VEHICLE) FOR ITS PRESERVATION IN PERPETUITY. THE LAND IS USED FOR EDUCATION AND SCIENTIFIC RESEARCH, AS WELL AS PUBLIC EXHIBITION TO VISITORS. SINCE ITS INCEPTION IN 1997, THE ORGANIZATION HAS SPENT SOME $13 MILLION ON LAND ACQUISITIONS THAT ARE NOT SHOWN AS ASSETS ON THE BALANCE SHEET. IT HAS ALSO RECEIVED SEVERAL LAND DONATIONS WHICH ARE ALSO NOT REFLECTED AS ASSETS ON THE BALANCE SHEET.THE TEXT OF THE FINANCIAL STATEMENT FOOTNOTE REGARDING COLLECTIONS READS AS FOLLOWS:GDFCF scientists and parataxonomists have discovered, catalogued, and preserved hundreds of thousands of biological specimens collected on lands owned by the government of Costa Rica and GDFCF. These specimens are formally the property of Costa Rica, but are collected and studied under research permits from the Costa Rican government. Nearly all have been exported from ACG with formal government export permits, with the consent of the Costa Rican government, for donation to various national or international biodiversity institutions for use in research, education, and exhibitions. None have been sold or are destined for sale.The approximately 35,000 acres of land acquired by GDFCF are held as a collection intended for public exhibition, education, and/or research in furtherance of public service. The lands are protected, kept unencumbered, cared for, and preserved. They are subject to GDFCFs and related organizations policy that requires the proceeds of land sales, should any ever occur, to be used to acquire other land for collections.Not-for-profit accounting principles state that an organization that holds items that meet the definition of a collection has the option not to capitalize such collection items. In conformity with GAAP, none of the land received through donation or by purchase has been capitalized; cash or related assets held for future land purchases are reflected in the temporarily restricted net asset portion of the accompanying Statement of Financial Position. GDFCF received no donated land during 2016 and 2015.. Part V, Line 4: Intended uses of the endowment fund. GDFCF HAS THREE PERMANENT ENDOWMENT FUNDS:1) A FUND ESTABLISHED TO FINANCE FUTURE GENERAL OPERATION EXPENDITURES, AS NEEDED. 2) A FUND ESTABLISHED TO FINANCE THE FUTURE OPERATION OF THE PARATAXONOMIST PROGRAM.3) A FUND TO FINANCE THE FUTURE HIRING OF A SCIENCE DIRECTOR FOR THE PARATAXONOMIST PROGRAM.GDFCF IS ALSO THE BENEFICIARY OF A TRUST ESTABLISHED BY A CANADIAN NONPROFIT ORGANIZATION TO HOLD FUNDS AS A PERMANENT ENDOWMENT FUND TO SUPPORT GDFCF'S PARATAXONOMIST PROGRAM. IN ADDITION TO THESE THREE PERMANENT ENDOWMENT FUNDS, GDFCF HAS ESTABLISHED THREE BOARD DESIGNATED ENDOWMENT FUNDS THAT MIRROR AND SUPPLEMENT THE PERMANENT ENDOWMENT FUNDS. true COSTA RICA 1 50 SEE FORM 990, PART III SEE FORM 990, PART III 1521205 1 50 1 50 1521205 1521205 COSTA RICA SEE FM 990 PT III 283829 WIRE 1 false true false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US THE PRESIDENT AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION PERSONALLY SUPERVISE THE FUNDING OF ALL GRANTS AND ARE CONTINUALLY INVOLVED IN THE OVERSIGHT OF RESEARCH AND OPERATIONAL ACTIVITIES FUNDED BY THE GRANTS. DAN JANZEN PRESIDENT CASH ADVANCE X 8542 8542 false false false 8542 X 3 112490 MARKET QUOTE false false false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et BOARD MEMBERS JANZEN AND HALLWACHS ARE MARRIED. Form 990, Part VI, Line 11b: Form 990 Review Process PRESIDENT AND EXECUTIVE DIRECTOR REVIEW TAX RETURN PRIOR TO FILING. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available COPIES OF THE ORGANIZATION'S IRS EXEMPTION LETTER, ITS ANNUAL TAX RETURNS. AND ITS AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE. THE ORGANIZATION WILL ALSO PROVIDE A PAPER COPY OF ITS EXEMPTION APPLICATION, ITS GOVERNING DOCUMENTS, AND/OR ITS AUDITED FINANCIAL STATEMENTS TO ANY INDIVIDUAL OR ORGANIZATION THAT REQUESTS IT. COSTA RICA PAYROLL PAYROLL EXPENSE REPORTED ON LINE 7 OF PART X CONSISTS OF WAGES PAID TO 39 EMPLOYEES WORKING FOR THE ORGANIZATION AS PARATAXONOMISTS IN COSTA RICA. THESE EMPLOYEES ARE NOT INCLUDED IN EMPLOYEE COUNT ON PAGE 1 OF THE RETURN OR LINE 2A OF PART V, AS THEIR WAGES ARE NOT INCLUDED ON UNITED STATES PAYROLL TAX RETURNS. . ORGANIZATION'S MISSION IN COSTA RICA The organization's mission centers around the Area de Conservacion Guanacaste (ACG)-- a large decentralized conservation area of the Costa Rican Ministry of Environment and Energy, located in northwestern Costa Rica. The ACG contains about 375,000 species in its dry forest, cloud forest and rain forest ecosystems. This is roughly 2.5% of the world's terrestrial biodiversity and 60% of the species that occur in Costa Rica. GDFCF IS LEADING THE EFFORT TO CATALOGUE ALL OF THE SPECIES IN THE ACG THROUGH A BIODIVERSITY INVENTORY USING DNA BARCODING. GDFCF projects and initiatives include raising money for land purchases to increase the size of ACG, salaries and operations costs for ACG staff, infrastructure and maintenance, education/research/restoration/protection/management projects and programs, and any similar action that will assist ACG to survive biologically and sociologically. The GDFCF may also assist any project, program or activity elsewhere that will increase the chances of ACG survival. FOR MORE DETAILS ON THESE ACTIVITIES (AND THE SPECIFIC PROGRAMS DESCRIBED IN PART III) SEE THE WEBSITES AT: - WWW.GDFCF.ORG - www.acguanacaste.ac.cr. RESTATEMENT OF 2016 BALANCE SHEET THE ORGANIZATION RESTATED ITS 12/31/2015 BALANCE SHEET TO CORRECT THE ACCOUNTING FOR PREPAID RENTS..