2013-08-27T10:12:28-05:00 2012-12-31 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2012-01-01 510058593 BRANDYWINE VALLEY ASSOCIATIONINC BRAN 6107931090 1760 UNIONVILLE-WAWASET ROAD WEST CHESTER PA 19382 JAMES E JORDAN JR 6107931090 2013-08-26 JOSEPH A GIORDANO CPA 3022660202 2013-08-27 2012 2016-02-24 21:20:13Z JAMES E JORDAN JR 1760 UNIONVILLE-WAWASET ROAD WEST CHESTER PA 19382 1691744 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. 22 22 48 591 0 143749 256105 719145 370180 155 355 109279 1027023 972328 1653663 0 0 524611 555598 0 91720 501529 366522 1026140 922120 -53812 731543 4916912 5826459 89892 43043 4827020 5783416 PROMOTING THE RESTORATION AND CONSERVATION OF THE NATURAL RESOURCES OF THE BRANDYWINE WATERSHED BY SCIENTIFIC RESEARCH AND EDUCATION PROGRAMS. false false 625798 PROMOTING THE PRESERVATION OF NATURAL RESOURCES AND FOSTERING ENVIRONMENTAL AWARENESS. 625798 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 6 0 48 true false false false false false false false false false false X 22 22 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 1.00 X 0 0 0 JAMES NOLAN 1.00 X 0 0 0 SANDRA RETZLAFF 1.00 X 0 0 0 JACK SUPPLEE 1.00 X 0 0 0 RONALD M AGULNICK 1.00 X 0 0 0 RAY AJALLI 1.00 X 0 0 0 MARTIN J ANDREJKO 1.00 X 0 0 0 BILL BROWN 1.00 X 0 0 0 MARLIN DISE 1.00 X 0 0 0 KATHARINE DUNLEVY 1.00 X 0 0 0 LEIGHTON P EVERHART JR 1.00 X 0 0 0 WINFIELD G FAIRCHILD 1.00 X 0 0 0 SALLY HAGELE 1.00 X 0 0 0 JAMES HEISMAN 1.00 X 0 0 0 LAURESSA MCNEMAR 1.00 X 0 0 0 CARL MEISTER JR 1.00 X 0 0 0 THOMAS W PIERSOL 1.00 X 0 0 0 JERRY SCHNEIDER 1.00 X 0 0 0 FRED SMITH 1.00 X 0 0 0 PETER TEMPLE 1.00 X 0 0 0 THOMAS VARLEY 1.00 X 0 0 0 ANDY WOODS 1.00 X 0 0 0 JAMES E JORDAN 40.00 X 106232 0 0 106232 1 false false false 81139 174966 20459 256105 MYRICK CONS. CENTER PROGRAMS 232900 232900 COST SHARING FEES 135210 135210 MYRICK CONS. CENTER SALES 2070 2070 370180 355 355 85548 38081 47467 47467 CONSERVATION REVENUE 909500 909500 FARM INCOME 47180 47180 USE OF FACILITIES 13022 13022 9854 9854 979556 1653663 1302556 95002 106232 61615 30807 13810 218436 126692 63347 28397 17982 10429 5215 2338 95384 55323 27661 12400 117564 68187 34094 15283 12774 7409 3704 1661 44080 25566 12783 5731 MYRICK CONS. CENTER PROGR 176411 176411 MYRICK CONS. CENTER OP EX 84535 49030 24515 10990 CONSERVATION EASEMENT PRO 32696 32696 FARM EXPENSE 7488 7488 8538 4952 2476 1110 922120 625798 204602 91720 270937 357056 59438 53686 3692850 618296 3055618 3074554 1497539 2341163 33380 4916912 5826459 27450 23608 62442 19435 89892 43043 X 2521490 4359236 1168030 286680 1137500 1137500 4827020 5783416 4916912 5826459 731543 224853 X false true X true false X 575967 622415 387887 301988 256105 2144362 214830 232804 255856 560906 370178 1634574 43638 47467 91105 790797 855219 643743 906532 673750 3870041 3870041 334398 19431 9430 155 355 363769 334398 19431 9430 155 355 363769 106734 116441 121880 65641 70056 480752 1231929 991091 775053 972328 744161 4714562 0.82090 0.83520 0.08000 0.08000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 6 720 1 false 32696 1497539 621047 222576 2341162 1582360 -84821 1497539 1407728 15000 166782 7150 1582360 1013933 200000 253814 60019 1407728 1.00000 false false 2106240 2106240 1586610 618296 968314 3074554 ACCRUED PAYROLL 18210 SECURITY DEPOSIT 1225 LINE OF CREDIT 19435 X 1969816 224853 91300 316153 1653663 1653663 1013420 91300 91300 922120 922120 ACCOUNTING FOR CONSERVATION EASEMENTS 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 4,000 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. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROMOTE THE RESTORATION, PRESERVATIONS, CONSERVATION AND ENJOYMENT OF THE NATURAL RESOURCES OF THE BRANDYWINE VALLET THROUGH EDUCATION PROGRAMS, ENVIRONMENTAL STUDIES AND PROJECTS, AND TECHNOLOGICAL ADVOCACY. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X 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, 2009, 2010 AND 2011 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, 2012 AND 2011. SPECIAL EVENTS 85548 85548 38081 85548 85548 38081 38081 47467 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 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. ENFORCEMENT OF CONFLICTS POLICY 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. COMPENSATION PROCESS FOR TOP OFFICIAL 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. COMPENSATION PROCESS FOR OFFICERS 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. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION 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.