2014-10-03T15:18:59-05:00 2013-12-31 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2013-01-01 510058593 BRANDYWINE VALLEY ASSOCIATIONINC BRAN 6107931090 1760 UNIONVILLE-WAWASET ROAD WEST CHESTER PA 19382 JAMES E JORDAN JR EXECUTIVE DIRECTOR 6107931090 2014-07-31 JOSEPH A GIORDANO CPA P00578904 3022660202 2014-10-03 2013 2015-11-30 17:44:51Z JAMES E JORDAN JR 1760 UNIONVILLE-WAWASET ROAD WEST CHESTER PA 19382 1042866 false X WWW.BRANDYWINEWATERSHED.ORG X 1945 PA PROMOTING THE RESTORATION AND CONSERVATION OF THE NATURAL RESOURCES OF THE BRANDYWINE WATERSHED BY SCIENTIFIC RESEARCH AND EDUCATION PROGRAMS. 20 20 46 564 0 256105 227636 370180 655124 355 704 1027023 124215 1653663 1007679 0 0 555598 501940 0 84875 366522 415162 922120 917102 731543 90577 5826459 6379140 43043 35679 5783416 6343461 PROMOTING THE RESTORATION AND CONSERVATION OF THE NATURAL RESOURCES OF THE BRANDYWINE WATERSHED BY SCIENTIFIC RESEARCH AND EDUCATION PROGRAMS. false false 652370 PROMOTING THE PRESERVATION OF NATURAL RESOURCES AND FOSTERING ENVIRONMENTAL AWARENESS. 652370 true true false false false false true false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 46 true false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true false false true true false PA X X JAMES E JORDAN JR 6107931090 1760 UNIONVILLE-WAWASET ROAD 1760 UNIONVILLE-WAWASET ROAD WEST CHESTER PA 19382 BRENTON R GRANT II PRESIDENT 1.00 X 0 0 0 JAMES NOLAN VICE PRESIDE 1.00 X 0 0 0 SANDRA RETZLAFF SECRETARY 1.00 X 0 0 0 JACK SUPPLEE TREASURER 1.00 X 0 0 0 JAMES J SULLIVAN JR DIRECTOR 1.00 X 0 0 0 RAY AJALLI DIRECTOR 1.00 X 0 0 0 MARTIN J ANDREJKO DIRECTOR 1.00 X 0 0 0 BILL BROWN DIRECTOR 1.00 X 0 0 0 MARLIN DISE DIRECTOR 1.00 X 0 0 0 KATHARINE DUNLEVY DIRECTOR 1.00 X 0 0 0 JOSEPHINE PARMAN DIRECTOR 1.00 X 0 0 0 WINFIELD G FAIRCHILD DIRECTOR 1.00 X 0 0 0 LAURESSA MCNEMAR DIRECTOR 1.00 X 0 0 0 CARL MEISTER JR DIRECTOR 1.00 X 0 0 0 THOMAS W PIERSOL DIRECTOR 1.00 X 0 0 0 JERRY SCHNEIDER DIRECTOR 1.00 X 0 0 0 FRED SMITH DIRECTOR 1.00 X 0 0 0 PETER TEMPLE DIRECTOR 1.00 X 0 0 0 THOMAS VARLEY DIRECTOR 1.00 X 0 0 0 ANDY WOODS DIRECTOR 1.00 X 0 0 0 JAMES E JORDAN EXECUTIVE DI 40.00 X 101263 0 0 101263 1 false false false 149684 77952 5233 227636 MYRICK CONS. CENTER PROGRAMS 541100 541100 COST SHARING FEES 113394 113394 MYRICK CONS. CENTER SALES 630 630 655124 704 704 87686 35187 52499 52499 FARM INCOME 45555 45555 USE OF FACILITIES 16308 16308 MISCELLANEOUS INCOME 9853 9853 71716 1007679 681285 98758 101263 57720 29366 14177 271985 155031 78876 38078 17445 9944 5059 2442 80502 45886 23346 11270 30745 17525 8916 4304 10049 5728 2914 1407 44293 25247 12845 6201 MYRICK CONS. CENTER PROGR 239442 239442 MYRICK CONS. CENTER OP EX 87047 69638 13057 4352 FARM EXPENSE 14994 14994 MISCELLANEOUS EXPENSE 9716 5538 2818 1360 9621 5677 2660 1284 917102 652370 179857 84875 357056 601316 53686 10273 3692850 662592 3074554 3030258 2341163 2737293 5826459 6379140 23608 14444 19435 21235 43043 35679 X 4359236 4735358 286680 470603 1137500 1137500 5783416 6343461 5826459 6379140 90577 512652 -43184 X false true X true false X 622415 387887 301988 256105 227636 1796031 232804 255856 560906 370178 655124 2074868 43638 47467 45555 136660 855219 643743 906532 673750 928315 4007559 4007559 19431 9430 155 355 704 30075 19431 9430 155 355 704 30075 116441 121880 65641 70056 26161 400179 991091 775053 972328 744161 955180 4437813 0.90300 0.82090 0.01000 0.08000 X PART II, LINE 12 OTHER INCOME 400,179 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 6 720.22 1 false 450 2341162 513516 116249 1136 2737293 1497539 621047 222576 2341162 1582360 -84821 1497539 1407728 15000 166782 7150 1582360 1013933 200000 253814 60019 1407728 1.00000 false false 2106240 2106240 1586610 662592 924018 3030258 ACCRUED PAYROLL 20010 SECURITY DEPOSIT 1225 21235 X 1633125 512652 112794 625446 1007679 1007679 1029896 112794 112794 917102 917102 SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENT REVENUES AND EXPENSES ARE REPORTED AS SEPERATE LINE ITEMS ON THE STATEMENT OF ACTIVITIES AND STATEMENT OF FUNCTIONAL EXPENSES, RESPECTIVELY. CONSERVATION EASEMENT REVENUES AND EXPENSE FOLLOW THE REPORTING FRAMEWORK OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES OF THE UNITED STATES; REVENUES ARE RECOGNIZED IN THE PERIOD WHEN EARNED AND EXPENSES ARE RECORDED WHEN A LIABILITY IS INCURRED. ON MARCH 8, 2012 THE ASSOCIATION ENTERED INTO A CONSERVATION EASEMENT WITH THE BRANDYWINE CONSERVANCY (GRANTEE) AND POCOPSON TOWNSHIP (CO-GRANTEE) AND EASED 268 ACRES OF LAND LOCATED AT THE MYRICK CONSERVATION CENTER. IN RETURN FOR THIS CONSERVATION EASEMENT THE ASSOCIATION RECEIVED 880,000 FROM POCOPSON TOWNSHIP. ON APRIL 11, 2012 DELMONT AND SHEILA BITTLE (GRANTOR) ENTERED INTO A CONSERVATION EASEMENT WITH THE BRANDYWINE VALLEY ASSOCIATION (GRANTEE) AND POCOPSON TOWNSHIP (CO-GRANTEE) AND EASED 32.9322 ACRES OF LANDS OWNED BY THE BITTLES IN POCOPSON TOWNSHIP. THE ASSOCIATION RECEIVED 8,000 FROM THE BITTLES AND AN ADDITIONAL 9,000 FROM POCOPSON TOWNSHIP AS AN UNRESTRICTED ENDOWMENT TO COVER COSTS ASSOCIATED WITH HOLDING AND MONITORING THIS EASEMENT. ON DECEMBER 17, 2012, E. BERNARD AND JANE B. BAILY (GRANTOR) ENTERED INTO A CONSERVATION EASEMENT WITH THE BRANDYWINE VALLEY ASSOCIATION (GRANTEE) AND POCOPSON TOWNSHIP (CO-GRANTEE) AND EASED ACRES OF LANDS OWNED BY THE BAILYS IN POCOPSON TOWNSHIP. THE ASSOCIATION RECEIVED 12,500 FROM THE BAILYS AS AN UNRESTRICTED ENDOWMENT TO THIS EASEMENT. THE ASSOCIATION RECOGNIZED 909,500 OF REVENUE IN 2012. SCHEDULE D, PAGE 3, PART X BRANDYWINE VALLEY ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ENTITY HAS BEEN CLASSIFIED AS ONE THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509 (A) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). ALTHOUGH THE ENTITY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, THE ENTITY IS REQUIRED TO APPLY THE PROVISIONS OF ASC 740 "ACCOUNTING FOR INCOME TAXES", WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT UNDER 501(C)(3). ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHERE INTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENTS RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE DECEMBER 31, 2010, 2011 AND 2012 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE ENTITY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ENTITY BEEN CONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES WOULD BE IN INCOME TAX EXPENSES. THERE ARE NO INTEREST AND PENALTIES AS OF DECEMBER 31, 2013 AND 2012. SPECIAL EVENTS 87686 87686 35187 87686 87686 35187 35187 52499 FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT THEIR NEXT MONTHS MEETING FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C BRANDYWINE VALLEY ASSOCIATION, INC. ENFORCES THEIR CONFLICT OF INTEREST POLICY, BY REQUIRING THEIR BOARD MEMBERS TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. IT IS REVIEWED BY THE GOVERNANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR, IS DETERMINED BY THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE AND HUMAN RESOURCES COMMITTEE. THESE COMMITTEES CONSIST OF BOTH MEMBERS OF THE BOARD FROM BRANDYWINE VALLEY ASSOCIATION, AND RED CLAY VALLEY ASSOCIATION. THESE COMMITTEES ALSO DECIDE ON RAISES THAT WILL BE GIVEN OUT TO THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR DECIDES ON THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE BOARD OF DIRECTORS GIVES THE EXECUTIVE DIRECTOR GUIDELINES TO FOLLOW, WHEN DECIDING ON RAISES AND COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 BRANDYWINE VALLEY ASSOCIATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.