MAINSPRING CONSERVATION TRUST INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MAINSPRING CONSERVATION TRUST INC (EIN 56-2142199)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-07
- IRS object ID
- 201432199349300938
- Schema version
- 2013v3.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-08-07T12:34:13-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORLISS & SOLOMON PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 242 CHARLOTTE ST STE 1 | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 288011434 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562142199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Land Trust for the Little Tennessee | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAND | BusinessNameControlTxt |
| Phone | 8285242711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1148 | AddressLine1 |
| City | Franklin | City |
| State | NC | State |
| ZIP Code | 287441148 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL CARLSON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8285242711 | PhoneNum |
| Signature | 2014-08-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN C CORLISS | PreparerPersonNm |
| Phone | 8282360206 | PhoneNum |
| Preparation | 2014-08-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL CARLSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1148 | AddressLine1 |
| City | Franklin | City |
| State | NC | State |
| ZIP Code | 287441148 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,566,657 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.ltlt.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | The Land Trust for the Little Tennessee is dedicated to conserving the waters, forests, farms, and heritage of the Upper Little Tennessee and Hiwassee River Valleys. We work in partnership with private landowners, public agencies, and others to conserve land and water, ensuring; continued see note | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 175 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $752,702 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,241,093 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $80,738 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $103,860 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$105,624 | PYInvestmentIncomeAmt |
| CY Investment Income | $45,979 | CYInvestmentIncomeAmt |
| PY Other Revenue | $18,308 | PYOtherRevenueAmt |
| CY Other Revenue | $20,154 | CYOtherRevenueAmt |
| PY Total Revenue | $746,124 | PYTotalRevenueAmt |
| CY Total Revenue | $1,411,086 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $499,734 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $508,024 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $77,090 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $333,763 | PYOtherExpensesAmt |
| CY Other Expenses | $459,844 | CYOtherExpensesAmt |
| PY Total Expenses | $833,497 | PYTotalExpensesAmt |
| CY Total Expenses | $967,868 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$87,373 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $443,218 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,124,270 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,443,795 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $255,623 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,958 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,868,647 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,394,837 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Land Trust for the Little Tennessee | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $740,692 | ExpenseAmt |
| Desc | DURING 2013 LTLT (THE LAND TRUST FOR THE LITTLE TENNESSEE) REORGANIZED ITS PROGRAM WORK, STAFF AND BUDGET UNDER THE THREE PILLARS OF "CONSERVE", "RESTORE", AND "CONNECT". UNDER ITS "CONSERVE" PROGRAM LTLT COMPLETED SEVEN LAND PROTECTION PROJECTS ENCOMPASSING 1631 ACRES. THOSE PROJECTS INCLUDED THE PURCHASE OF A HALF MILE OF LITTLE TENNESSEE RIVER FRONTAGE FOR EVENTUAL ADDITION TO THE NC NEEDMORE GAMELANDS AS WELL AS THE PURCHASE OF A NATIONAL REGISTER HISTORIC SITE IN THE NEARBY COWEE-WEST'S MILL HISTORIC DISTRICT. OTHER COMPLETED PROJECTS INCLUDED THE PROTECTION VIA CONSERVATION EASEMENTS ALONG THE APPALACHIAN TRAIL, ON THE NANTAHALA RIVER, AND LANDS BUFFERING SEVEN MILES OF NATIONAL FOREST BOUNDARY. LTLT ALSO CONDUCTED ON-SITE MONITORING OF 58 CONSERVATION EASEMENTS PROTECTING 7255 ACRES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNDER ITS "RESTORE" PROGRAM LTLT RESTORED OVER 2800 FEET OF DEGRADED STREAMBANKS ON WATAUGA CREEK AND LAKEY CREEK; BOTH TRIBUTARIES TO THE LITTLE TENNESSEE RIVER. FINALLY UNDER ITS "CONNECT" PROGRAM WORK LTLT COMPLETED THE 24TH ANNUAL MONITORING OF AQUATIC HEALTH OF THE LITTLE TENNESSEE WATERSHED, AND IT HELD 13 MONITORING AND EDUCATION EVENTS ENGAGING 1152 PEOPLE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $740,692 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAMELLE SMITH | PersonNm |
| Phone | 8285242711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 557 E Main St | AddressLine1 |
| City | Franklin | City |
| State | NC | State |
| ZIP Code | 28744 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KENYON MURPHY | ||||||
| Chair | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRISTOPHER BROUWER | ||||||
| Vice Chair | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ED HAIGHT | ||||||
| Treasurer (June-Dec) | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RACHEL HOSKINS | ||||||
| Secretary | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MICHAEL GREEN | ||||||
| Former Treasurer (Jan-May) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BILL DYAR | ||||||
| Board Member | 2.50 | Yes (X) | $0 | $0 | $0 | |
| LISA LEATHERMAN | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| BILL GIBSON | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DICK HEYWOOD | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JASON LOVE | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| LYDIA SARGENT MACAULEY | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| NATALIE SMITH | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD B CLARK | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH JOHNS | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN STRAWN | ||||||
| Board Member | 2 | Yes (X) | ||||
| CONNIE HAIRE | ||||||
| Board Member | 2 | Yes (X) | ||||
| PAUL CARLSON | ||||||
| Executive Director | 40 | Yes (X) | $61,692 | $6,419 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $61,692 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $6,419 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $99,228 | GovernmentGrantsAmt |
| All Other Contributions | $1,141,865 | AllOtherContributionsAmt |
| Noncash Contributions | $170,800 | NoncashContributionsAmt |
| Total Contributions | $1,241,093 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Stewardship Contracts | 541900 | $36,292 |
| Conservation Project Administration | 541900 | $67,568 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $103,860 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,780 | TotalRevenueColumnAmt |
| Exclusion | $15,780 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,709 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,709 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,709 | TotalRevenueColumnAmt |
| Exclusion | $10,709 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,185,770 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,155,571 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $30,199 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,199 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,199 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $405 | FundraisingGrossIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $405 | TotalRevenueColumnAmt |
| Exclusion | $405 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $413 | GrossSalesOfInventoryAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $413 | TotalRevenueColumnAmt |
| Exclusion | $413 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $8,627 | TotalRevenueColumnAmt |
| Exclusion | $8,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,627 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,411,086 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $134,059 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $35,934 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,736 | TotalAmt |
| Program Services | $20,621 | ProgramServicesAmt |
| Management And General | $20,621 | ManagementAndGeneralAmt |
| Fundraising | $27,494 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,015 | TotalAmt |
| Program Services | $275,229 | ProgramServicesAmt |
| Management And General | $60,878 | ManagementAndGeneralAmt |
| Fundraising | $22,908 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,332 | TotalAmt |
| Program Services | $14,276 | ProgramServicesAmt |
| Management And General | $3,047 | ManagementAndGeneralAmt |
| Fundraising | $1,009 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,435 | TotalAmt |
| Program Services | $20,902 | ProgramServicesAmt |
| Management And General | $5,072 | ManagementAndGeneralAmt |
| Fundraising | $2,461 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,506 | TotalAmt |
| Program Services | $23,374 | ProgramServicesAmt |
| Management And General | $6,328 | ManagementAndGeneralAmt |
| Fundraising | $3,804 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,725 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $13,725 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,699 | TotalAmt |
| Program Services | $70,800 | ProgramServicesAmt |
| Management And General | $7,077 | ManagementAndGeneralAmt |
| Fundraising | $5,822 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $450 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,840 | TotalAmt |
| Program Services | $14,221 | ProgramServicesAmt |
| Management And General | $11,305 | ManagementAndGeneralAmt |
| Fundraising | $5,314 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,989 | TotalAmt |
| Program Services | $5,026 | ProgramServicesAmt |
| Management And General | $2,223 | ManagementAndGeneralAmt |
| Fundraising | $740 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,242 | TotalAmt |
| Program Services | $14,891 | ProgramServicesAmt |
| Management And General | $4,953 | ManagementAndGeneralAmt |
| Fundraising | $2,398 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,171 | TotalAmt |
| Program Services | $14,101 | ProgramServicesAmt |
| Management And General | $555 | ManagementAndGeneralAmt |
| Fundraising | $515 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,670 | TotalAmt |
| Program Services | $1,950 | ProgramServicesAmt |
| Management And General | $3,593 | ManagementAndGeneralAmt |
| Fundraising | $127 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,657 | TotalAmt |
| Program Services | $2,657 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,896 | TotalAmt |
| Program Services | $4,811 | ProgramServicesAmt |
| Management And General | $1,302 | ManagementAndGeneralAmt |
| Fundraising | $783 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,197 | TotalAmt |
| Program Services | $12,694 | ProgramServicesAmt |
| Management And General | $3,437 | ManagementAndGeneralAmt |
| Fundraising | $2,066 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Land and Easement Acq. Costs | $96,476 | $96,476 | $0 | $0 |
| Project Management | $31,749 | $31,749 | $0 | $0 |
| Supplies/Materials/Publications | $18,652 | $14,360 | $3,281 | $1,011 |
| Watauga Creek Restoration | $80,640 | $80,640 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,791 | TotalAmt |
| Program Services | $21,914 | ProgramServicesAmt |
| Management And General | $2,239 | ManagementAndGeneralAmt |
| Fundraising | $638 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,868 | TotalAmt |
| Program Services | $740,692 | ProgramServicesAmt |
| Management And General | $150,086 | ManagementAndGeneralAmt |
| Fundraising | $77,090 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $47,328 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,168 | BOYAmt |
| EOY | $1,328,858 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,567 | BOYAmt |
| EOY | $116,615 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $530 | BOYAmt |
| EOY | $946 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,000,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,940 | BOYAmt |
| EOY | $38,885 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,049,613 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,500 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,647,922 | BOYAmt |
| EOY | $3,019,113 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $756,143 | BOYAmt |
| EOY | $892,050 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,124,270 | BOYAmt |
| EOY | $6,443,795 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,696 | BOYAmt |
| EOY | $25,547 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,900 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,027 | BOYAmt |
| EOY | $23,411 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,623 | BOYAmt |
| EOY | $48,958 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,283,570 | BOYAmt |
| EOY | $5,547,460 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,288 | BOYAmt |
| EOY | $393,588 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,789 | BOYAmt |
| EOY | $453,789 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,868,647 | BOYAmt |
| EOY | $6,394,837 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,124,270 | BOYAmt |
| EOY | $6,443,795 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $443,218 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $82,972 | NetUnrlzdGainsLossesInvstAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,019,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,039,232 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,994,264 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $752,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,241,093 | CurrentTaxYearAmt |
| Total | $6,046,816 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,019,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,039,232 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,994,264 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $752,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,241,093 | CurrentTaxYearAmt |
| Total | $6,046,816 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,376,023 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,670,793 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,649 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,294 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,907 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,780 | CurrentTaxYearAmt |
| Total | $103,924 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,784 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,062 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,335 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,627 | CurrentTaxYearAmt |
| Total | $68,089 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,218,829 | TotalSupportAmt |
| Public Support CY170 | 0.75110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70430 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt II Line 10 | Description: Other Revenue |
| Pt II Line 10 | 2009: 5784. |
| Pt II Line 10 | 2010: 15062. |
| Pt II Line 10 | 2011: 31281. |
| Pt II Line 10 | 2012: 7335. |
| Pt II Line 10 | 2013: 8627. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Historic Land Area | Yes (X) | HistoricLandAreaInd |
| Total Easements | 45 | TotalEasementsCnt |
| Total Acreage | 5702.9 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Modified Easements | 1 | ModifiedEasementsCnt |
| States Easements Held | 2 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (true) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 422 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $11,143 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | Yes (true) | Section170hRqrStsfdInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $577,407 | BeginningYearBalanceAmt |
| Contributions | $47,660 | ContributionsAmt |
| Investment Earnings Or Losses | $95,931 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $4,834 | AdministrativeExpensesAmt |
| End Year Balance | $716,164 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $521,282 | BeginningYearBalanceAmt |
| Contributions | $14,663 | ContributionsAmt |
| Investment Earnings Or Losses | $58,188 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,500 | OtherExpendituresAmt |
| Administrative Expenses | $4,226 | AdministrativeExpensesAmt |
| End Year Balance | $577,407 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $536,169 | BeginningYearBalanceAmt |
| Contributions | $16,814 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,241 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,443 | OtherExpendituresAmt |
| Administrative Expenses | $4,017 | AdministrativeExpensesAmt |
| End Year Balance | $521,282 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $467,869 | BeginningYearBalanceAmt |
| Contributions | $47,002 | ContributionsAmt |
| Investment Earnings Or Losses | $56,428 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $31,410 | OtherExpendituresAmt |
| Administrative Expenses | $3,720 | AdministrativeExpensesAmt |
| End Year Balance | $536,169 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $268,036 | BeginningYearBalanceAmt |
| Contributions | $186,556 | ContributionsAmt |
| Investment Earnings Or Losses | $65,691 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $50,000 | OtherExpendituresAmt |
| Administrative Expenses | $2,414 | AdministrativeExpensesAmt |
| End Year Balance | $467,869 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.29980 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.70020 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,752,497 | OtherCostOrOtherBasisAmt |
| Book Value | $2,752,497 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $254,539 | OtherCostOrOtherBasisAmt |
| Book Value | $254,539 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,305 | OtherCostOrOtherBasisAmt |
| Depreciation | $661 | DepreciationAmt |
| Book Value | $2,644 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,272 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,839 | DepreciationAmt |
| Book Value | $9,433 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,019,113 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Options and Escrow Deposits | $5,000 |
| Endowment held by Community Foundation of WNC | $716,164 |
| Land Assets Subject to Life Estate, Net of Discount to PV | $168,486 |
| Security Deposit | $1,850 |
| Gift Cards | $550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $892,050 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Fiscal Agent Funds Payable | Desc |
| Amt | $23,411 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $23,411 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,494,058 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $82,972 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $82,972 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,411,086 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,411,086 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $967,868 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $967,868 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $967,868 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt II Line 3 | One conservation easement was modified during 2013. |
| Pt II Line 5 | CEs are monitored by LTLT's conservation easement monitoring staff at least annually with a report to LTLT and the landowner. Violations, monitoring and enforcement are covered in LTLT's Stewardship Policy Manual. |
| Pt II Line 9 | Conservation easements purchased are expensed at cost. Conservation easements received by donation are not recorded in the organization's books. (See Schedule O for further information.) |
| Pt X Line 2 | LTLT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THE CODE, INCOME FROM CERTAIN ACTIVITIES NOT RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD LESS THAN $1,000 OF INCOME FROM UNRELATED BUSINESS ACTIVITIES IN THE 2013 FISCAL YEAR AND WAS, THEREFORE, NOT REQUIRED TO FILE FEDERAL FORM 990-T (EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN). THE ORGANIZATION BELIEVES THAT IT HAS A |
Schedule M IRS990ScheduleM
Qualified Contrib Other QualifiedContribOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $170,800 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (31 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The 990 is initially reviewed by the Finance Manager and the Executive Director. It is |
| Pt VI, Line 11b | then passed on to the Finance Committee for review and approval. Finally the |
| Pt VI, Line 11b | 990 is sent to the full Board prior to filing. |
| Pt VI, Line 12c | Conflict of Interest policy was adopted on 8/8/08. All officers and |
| Pt VI, Line 12c | employees complete a conflict of interest statement at the first board meeting |
| Pt VI, Line 12c | of the new year and the statement is reviewed by the CAO. In addition, the ED |
| Pt VI, Line 12c | monitors the business of the organization that could involve Board members or staff. |
| Pt VI, Line 15a | Currently, the ED makes well below the highly compensated threshold. |
| Pt VI, Line 15a | In March 2010, compensation data was gathered for land trust job types. The |
| Pt VI, Line 15a | Compensation Committee continues to use this data as a guide to determine |
| Pt VI, Line 15a | salaries. |
| Pt VI, Line 18 | Forms 1023 and 990 are available upon request. Form 990 is |
| Pt VI, Line 18 | also available on the organization's website. |
| Pt VI, Line 19 | Governing documents, conflict of interest policy and audited financial |
| Pt VI, Line 19 | statements are available upon request. |
| Pt XI | Net investment gains on Endowment held with the |
| Pt XI | Community Foundation of Western NC amounted to 82,972. |
| Pt XII, Line 2c | The Audit Committee directly reviews the audit. |
| Part VI, Line 17 | The organization maintains a charitable solicitation license with the NC Secretary of State, |
| Part VI, Line 17 | Charitable Solicitation License Division. As part of its annual renewal process, |
| Part VI, Line 17 | the organization may include the Federal Form 990 filed with IRS. |
| Sch D, Ln 3 & 5 | Since U.S. GAAP does not provide specific guidance on the accounting |
| Sch D, Ln 3 & 5 | treatment for conservation easements, land trust organizations in the |
| Sch D, Ln 3 & 5 | U.S. use several different methods to account for the easements they hold. |
| Sch D, Ln 3 & 5 | LTLT has adopted one such method which is widely used by other land trusts. |
| Sch D, Ln 3 & 5 | Under this method, conservation easements are not recognized as assets. |
| Form 990, Part IX, Line 24f | PROGRAM EVENT EXPENSE 951. 188. 125. 638. DUES/SUBSCRIPTIONS 3352. 1954. 1398. 0. MISCELLANEOUS 4665. 3949. 716. 0. FIELD EQUIPMENT 708. 708. 0. 0. STEWARDSHIP CONTRACTS 15115. 15115. 0. 0. |
| Sch D, Ln 3 & 5 | Accordingly, easements received by donation are not recorded in income |
| Sch D, Ln 3 & 5 | and easements purchased by the organization are recorded as expenses. |
| Sch D, Ln 3 & 5 | Management believes that this method results in financial statements |
| Sch D, Ln 3 & 5 | that most accurately reflect the organization's financial activities. |
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