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        <ExplanationTxt>Monitoring &amp; Inspection - The Land Trust monitors its easement properties regularly, at least annually, in a manner appropriate to the size and restrictions of each property, and keeps documentation such as records, updated photography and maps of each monitoring activity. Violations &amp; Enforcement - the Stewardship director should report minor and major easement violations to the executive director as soon as possible after the site visit. If a minor violation, the executive director may authorize a corrective plan of action. The conservation director will track and report to the executive director when the violation has been corrected, and document the correction appropriately in the monitoring binder. If a major violation, then the executive director should notify the board president immediately. Major violations and subsequent follow-up actions will be reported to the land committee or board of trustees at the next meeting, with recommendations for further action as appropriate. In addition, the Land Trust maintains conservation easement insurance through non-profit terrafirma rrg, to help fund any actions that may be required to enforce compliance of easements or defend encroachments on property held in fee title by the Land Trust.</ExplanationTxt>
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        <ExplanationTxt>The land trust holds numerous endowments to support the monitoring, maintenance of properties and fiscal health of the organization. Endowments are invested in accordance with the land trust's investment policies and are supplemented with each additional property or conservation easement we acquire. Our stewardship endowment may also be utilized as a legal defense fund for the enforcement of our conservation easements.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part X : FIN48 Footnote</FormAndLineReferenceDesc>
        <ExplanationTxt>Financial accounting standards board's ASC 740-10, accounting for uncertainty in income taxes, prescribed a threshold for the financial statement recognition and measurement of a tax position taken of expected to be taken in a tax return. The land trust files tax returns in the U.S. Federal Jurisdiction and in the State of California. The Land Trust's tax returns from the year 2021 to the present remain subject to examination by the IRS for Federal tax purposes, and the tax years from 2020 to the present remain subject to examination by the State of California. Management has evaluated its tax positions for all jurisdictions in which the statue of limitation remains open and has determined that the Land Trust had taken no uncertain tax positions that require adjustment to the financial statements. The Land Trust is not aware of any activities that are subject to tax on unrelated business income, excise or other taxes.</ExplanationTxt>
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        <ExplanationTxt>The adopted conflict of interest policy requires annual written disclosure by every trustee, employee, and committee member who serves on a decision making committee. A disclosure form is sent to each person and returned and given to the president of the board of trustees. The president reviews each disclosure form and is responsible for informing each committee chair, and full board when appropriate of any potential conflicts of interest. Resolution of any identified conflict is documented in the board or committee minutes, with required recusal from discussion/deliberation, a formal resolution or other correspondence as appropriate to the nature of the conflict. During the course of the year when a new project or financial matter is presented to the board or a committee, members are asked at that time whether there is any conflict of interest and appropriate action is taken to mitigate or avoid participation in compliance with the policy.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15b</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>Those interested can also contact The Land Trust of Santa Barbara County at (805)966-4520 to request its governing documents, conflict of interest policy and financial statements.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Those interested can also contact The Land Trust of Santa Barbara County at (805)966-4520 to request its governing documents, conflict of interest policy and financial statements.</ExplanationTxt>
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        <ExplanationTxt>Impairment loss on conservation land = -$2765073</ExplanationTxt>
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