2014-03-11T12:57:26-05:00 2013-12-31 GREENE FINNEY & HORTON LLP 211 E BUTLER RD STE C6 MAULDIN SC 296622170 990 2013-01-01 571007436 EDISTO ISLAND OPEN LAND TRUST EDIS 8438699004 PO BOX 1 EDISTO ISLAND SC 29438 CHARLES E CALLAHAN PRESIDENT 8438699004 2014-02-25 true FRANCIS H HORTON III CPA P00115827 8642325204 2014-02-25 2013 2015-11-30 17:44:51Z CHARLES E CALLAHAN PO BOX 1 EDISTO ISLAND SC 29438 747047 false X WWW.EDISTO.ORG X 1994 SC TO GENERATE INTEREST IN AND EDUCATE THE PUBLIC ABOUT LAND CONSERVATION AND TO ENCOURAGE THE PUBLIC TO PLACE LAND UNDER CONSERVATION EASEMENTS. 16 16 4 0 329728 667444 0 15724 2191 35532 41689 380984 711324 0 0 99290 105777 0 34883 83385 100642 182675 206419 198309 504905 5511689 6011932 167774 163112 5343915 5848820 TO GENERATE INTEREST IN AND EDUCATE THE PUBLIC ABOUT LAND CONSERVATION AND TO ENCOURAGE THE PUBLIC TO PLACE LAND UNDER CONSERVATION EASEMENTS. false false 140322 EDUCATION OF THE PUBLIC AS TO THE BENEFIT OF LAND CONSERVATION. 140322 true true false false false false true false false false true false false false true false true false false false false false false false true false false false false true false false false true false false true false false false false false false false false false false true 0 0 true 4 true false false false false false false false false false false false false X 16 16 true false false false false false false true true false false true true true true true true true true false SC X X X JOHN GIRAULT 8438699004 PO BOX 1 EDISTO ISLAND SC 29438 JOHN GIRAULT EXECUTIVE DI 40.00 X X 47281 0 0 MARK CRAWFORD TREASURER X 0 0 0 DR SIDNEY A GAUTHREAUX BOARD X 0 0 0 WALTER HUNDLEY BOARD X 0 0 0 LARRY F NUNNERY JR BOARD X 0 0 0 JAMES O KEMPSON BOARD X 0 0 0 I JENKINS MIKELL JR BOARD X 0 0 0 MARGARET E HOYLE BOARD X 0 0 0 SUE THORNTON BOARD X 0 0 0 ELLEN E UNGER BOARD X 0 0 0 CHARLES R SNOW BOARD X 0 0 0 BURNET MAYBANK III BOARD X 0 0 0 WILLARD L SMOAK BOARD X 0 0 0 ROBERT E LEE VICE PRESIDE X 0 0 0 CHARLES CALLAHAN PRESIDENT X 0 0 0 FISHER C WALTER JR SECRETARY X 0 0 0 GEORGE KIMBERLY PREV EXEC. D 40.00 X 4750 0 0 ALEX S CRAWFORD JR PAST PRESIDE X 0 0 0 52031 true false false 115097 552347 667444 2191 2191 77412 35723 41689 711324 2191 X 47281 28369 9456 9456 4750 2850 950 950 46230 27738 9246 9246 7516 4510 1503 1503 17496 10498 3499 3499 1956 1174 391 391 2379 2379 EDUCATION 13218 13218 LAND STEWARDSHIP 12109 12109 PROFESSIONAL FEES 9470 5682 1894 1894 PUBLICIATIONS 8338 4169 4169 35676 27626 4275 3775 206419 140322 31214 34883 427179 497868 158197 188909 86108 6200 3750 5314380 4839380 5314380 825 825 5511689 6011932 9774 5112 158000 158000 167774 163112 X 394359 420425 415118 418957 4534438 5009438 5343915 5848820 5511689 6011932 504905 X false true X true false X 2332730 293980 270564 329728 667444 3894446 2332730 293980 270564 329728 667444 3894446 3894446 9700 8935 5488 2787 2191 29101 11937 11937 3935484 77412 0.98960 0.99460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 33 2330.90 1 false 1040.00 12109 true 5314380 5314380 5314380 NOTE PAYABLE 158000 158000 747047 747047 -35723 -35723 711324 242142 242142 -35723 -35723 206419 SCHEDULE D, PAGE 1, PART II, LINE 9 A CONSERVATION EASEMENT IS AN AGREEMENT BETWEEN A LANDOWNER AND THE ORGANIZATION IN WHICH THE LANDOWNER RELINQUISHES SOME OR ALL OF THE RIGHTS TO DEVELOP THE PROPERTY. THE EASEMENT IS PUBLICLY RECORDED AND IS BINDING ON ALL FUTURE OWNERS OF THE PROPERTY. THE ORGANIZATION'S PRINCIPAL RESPONSIBILITY IS TO ENSURE COMPLIANCE WITH THE TERMS OF THE EASEMENT. IT MEETS THIS RESPONSIBILITY BY PERIODICALLY INSPECTING THE PROPERTY AND, IF NECESSARY, TAKING APPROPRIATE ACTION TO ENFORCE THE EASEMENT. CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION ARE RECORDED AT A NOMINAL VALUE OR COST AMOUNT. EACH CONSERVATION EASEMENT RECEIVED BY THE ORGANIZATION PROVIDES THAT IT CANNOT BE TRANSFERRED OR ASSIGNED TO ANY PERSON OR ENTITY EXCEPT TO AN ORGANIZATION THAT IS QUALIFIED UNDER THE INTERNAL REVENUE CODE TO RECEIVE EASEMENTS AND THAT HAS THE COMMITMENT, ABILITY, AND RESOURCES TO MEET ITS RESPONSIBILITIES AND OBLIGATIONS UNDER THE EASEMENT AND TO TAKE THE NECESSARY STEPS TO PROTECT THE HISTORIC AND CONSERVATION VALUES OF THE PROPERTY. ACCORDINGLY, THERE IS NO MARKET FOR ANY OF THE CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION. SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENTS EXPENSES -35,723 SCHEDULE D, PAGE 4, PART XII, LINE 4B SPECIAL EVENTS EXPENSE -35,723 SCHEDULE D, PAGE 4, PART XIII NOTE: SPECIAL EVENT EXPENSES ARE REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES IN THE CLIENT'S FINANCIAL STATEMENTS. THIS AMOUNT IS REPORTED ALONG WITH THE SPECIAL EVENTS REVENUE IN THE STATEMENT OF REVENUE ON THE RETURN. THEREFORE, THE PREPARER RECONCILED THE TAX RETURN REVENUE/EXPENSES WITH THE REVENUE/EXPENSES PER THE FINANCIALS BY UTILIZING SCHEDULE D. SPECIAL EVENTS 77412 77412 35723 77412 77412 35723 35723 41689 false false false false false false false false false GEORGE KIMBERLY PREV EXEC. DIRECTOR 4750 4750 ALEX S CRAWFORD JR PAST PRESIDENT LOAN RECEIVABLE - LEX CRAWFORD PAST PRESIDENT X 3750 false false false 3750 FORM 990, PAGE 6, PART VI, LINE 2 MARK CRAWFORD LEX CRAWFORD TREASURER PAST PRESIDE BROTHERS FORM 990, PAGE 6, PART VI, LINE 11B THE INITIAL DRAFTS OF FORM 990 ARE REVIEWED BY THE OFFICE MANAGER, THE TREASURER AND THE BOARD PRESIDENT WHERE ANY INITIAL CHANGES OR ADDITIONS ARE MADE. THESE CHANGES ARE INCORPORATED INTO THE 990 AND SUBSEQUENT DRAFTS ARE REVIEWED BY THE BOARD PRESIDENT AND TREASURER. WHEN FINAL REVIEWS ARE COMPLETED THE 990 IS THEN GIVEN TO THE FULL BOARD FOR THEIR INFORMATION AND OR COMMENT IF ANY. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES THAT IF ANY BOARD MEMBER (OR MEMBER OF ANY BOARD MEMBER'S FAMILY) IS INVOLVED IN AN EASEMENT THAT THE BOARD MEMBER BE RECUSED FROM THE DISCUSSION OF AND VOTE ON SUCH EASEMENT. AFTER THE EASEMENT IN QUESTION IS RESOLVED, THE BOARD MEMBER MAY RETURN TO ADDRESS OTHER BOARD BUSINESS ON THE AGENDA. FORM 990, PAGE 6, PART VI, LINE 15A DATA FROM THE LAND TRUST ALLIANCE WAS USED. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION DOES NOT HAVE ANY OTHER KEY EMPLOYEES AND NONE OF THE OFFICERS OR BOARD MEMBERS RECEIVES COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE FORM 990 IS AVAILABLE ON DUN & BRADSTREET'S WEBSITE AS WELL AS GUIDESTAR.COM. FURTHERMORE, THE ORGANIZATION HAS ASKED THE PREPARING CPA FIRM TO PLACE THE FINANCIAL STATEMENTS, FORM 990 AND VARIOUS GOVERNING DOCUMENTS ON THE FIRM'S WEBSITE. THE ORGANIZATION WILL PLACE A LINK TO THIS AREA ON THEIR WEBSITE. FORM 990, PART IX, LINE 24E INSURANCE 6,000 500 0 ACQUISITION FEES 4,912 0 0 POSTAGE 2,582 860 860 SUPPLIES 1,730 576 576 TECHNOLOGY 1,544 515 515 OFFICE EXPENSE 1,541 514 514 DUES & SUBSCRIPTIONS 2,471 0 0 MISCELLANEOUS 2,014 0 0 TELEPHONE 1,204 401 401 WEB SITE 1,200 400 400 UTILITIES 1,001 333 333 CONSULTANTS 900 0 0 COPIER 527 176 176 FORM 990, PART XI, LINE 9 SPECIAL EVENTS EXPENSES 35,723 SPECIAL EVENTS EXPENSE -35,723