Civic Intelligence

Lake Tahoe Conservation Fund

990 • Fiscal year 2017 • EIN 01-0974628

Apr 01, 2016 to Mar 31, 2017 • Filed on Oct 11, 2017

PO Box 7124Tahoe City, CA 96145

(775) 298-0035

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$139,336

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

33%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,988,037

Up $396,949 (+15%) from 2016

Net Assets

Up

$2,919,618

Up $361,459 (+14%) from 2016

Liabilities

Up

$68,419

Up $35,490 (+108%) from 2016

Revenue

Up

$1,276,003

Up $319,365 (+33%) from 2016

Expenses

Up

$1,013,277

Up $553,624 (+120%) from 2016

Net Income

Down

$262,726

Down $234,259 (-47%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2012: $375,050Liabilities 2012: $72,867Net Assets 2012: $302,1832012Assets 2013: $403,140Liabilities 2013: $24,705Net Assets 2013: $378,4352013Assets 2014: $815,775Liabilities 2014: $137,491Net Assets 2014: $678,2842014Assets 2015: $2,148,772Liabilities 2015: $25,210Net Assets 2015: $2,123,5622015Assets 2016: $2,591,088Liabilities 2016: $32,929Net Assets 2016: $2,558,1592016Assets 2017: $2,988,037Liabilities 2017: $68,419Net Assets 2017: $2,919,6182017Assets 2018: $3,477,352Liabilities 2018: $54,646Net Assets 2018: $3,422,7062018Assets 2019: $3,780,190Liabilities 2019: $37,841Net Assets 2019: $3,742,3492019Assets 2020: $4,724,651Liabilities 2020: $35,543Net Assets 2020: $4,689,1082020Assets 2021: $8,741,450Liabilities 2021: $360,618Net Assets 2021: $8,380,8322021Assets 2022: $9,891,050Liabilities 2022: $158,433Net Assets 2022: $9,732,6172022Assets 2023: $10,050,978Liabilities 2023: $175,598Net Assets 2023: $9,875,3802023Assets 2024: $12,411,982Liabilities 2024: $95,843Net Assets 2024: $12,316,1392024Assets 2025: $14,900,652Liabilities 2025: $139,938Net Assets 2025: $14,760,7142025

Highlighted filing

2017

Assets$2,988,037
Liabilities$68,419
Net Assets$2,919,618

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2012: $806,114Expenses 2012: $506,819Net Income 2012: $299,2952012Revenue 2013: $509,460Expenses 2013: $472,042Net Income 2013: $37,4182013Revenue 2014: $811,804Expenses 2014: $511,955Net Income 2014: $299,8492014Revenue 2015: $1,877,288Expenses 2015: $432,010Net Income 2015: $1,445,2782015Revenue 2016: $956,638Expenses 2016: $459,653Net Income 2016: $496,9852016Revenue 2017: $1,276,003Expenses 2017: $1,013,277Net Income 2017: $262,7262017Revenue 2018: $1,318,489Expenses 2018: $871,795Net Income 2018: $446,6942018Revenue 2019: $1,390,406Expenses 2019: $1,067,793Net Income 2019: $322,6132019Revenue 2020: $2,389,529Expenses 2020: $1,156,815Net Income 2020: $1,232,7142020Revenue 2021: $4,440,686Expenses 2021: $1,711,813Net Income 2021: $2,728,8732021Revenue 2022: $3,551,350Expenses 2022: $2,038,125Net Income 2022: $1,513,2252022Revenue 2023: $3,198,137Expenses 2023: $2,372,898Net Income 2023: $825,2392023Revenue 2024: $4,115,226Expenses 2024: $2,479,654Net Income 2024: $1,635,5722024Revenue 2025: $5,556,780Expenses 2025: $3,078,333Net Income 2025: $2,478,4472025

Highlighted filing

2017

Revenue$1,276,003
Expenses$1,013,277
Net Income$262,726
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Oct 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,354,341
Mission and Program Overview

Mission

To use the power of philanthropy to improve the Lake Tahoe environment for all to enjoy.

To build broad support and funding to support environmental projects/programs that restore and enhance the lake tahoe basin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$273,450$719,731▲ $446,281
Pledges and Grants Receivable$545,734$390,977▼ $154,757
Accounts Receivable$5,300$0▼ $5,300
Prepaid Expenses and Deferred Charges$6,225$3,804▼ $2,421
Land, Buildings, and Equipment, Net$1,200$2,413▲ $1,213
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,591,088$2,988,037▲ $396,949
Other Assets Total$1,759,179$1,871,112▲ $111,933
Liabilities
Other Liabilities$30,488$47,704▲ $17,216
Accounts Payable and Accrued Expenses$2,441$20,715▲ $18,274
Total Liabilities$32,929$68,419▲ $35,490
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,563,315$1,595,222▲ $31,907
Unrestricted Net Assets$994,844$1,324,396▲ $329,552
Total Net Assets Fund Balance$2,558,159$2,919,618▲ $361,459
Total Liabilities and Net Assets / Fund Balance$2,591,088$2,988,037▲ $396,949

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,918$2,347$4,265
Other Land Buildings$495$605$1,100
Other Assets Org$1,871,112--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$74,523-▲ $8,244-$82,767
2015$78,818-▼ $4,295-$74,523
2014-$79,068▼ $250-$78,818
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy BerryCEOFT$130,000$9,336$139,336

Board Members and Trustees

NameTitle
Art ChapmanChairman
Katy Simon HollandVice Chair
Chuck ScharerDirector
Cindy GustafsonDirector
Cory RitchieDirector
Deb HowardDirector
E Clement ShuteDirector
Hilary NewsomDirector
Jim BoydDirector
Jim PorterDirector
John JonesDirector
Kevin MarshallDirector
Pete SonntagDirector
Scott GillespieDirector
Steve MerrillDirector
Terry WattDirector
Tim CashmanDirector
Tom MertensDirector
Julie Motamedi TeelSecretary
Allen BiaggiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None Threshold---
Revenue and Support

Revenue Composition

Contributions and Grants
$1,324,041
Program Service Revenue
$0
Investment Income
$100
Other Revenue
$-48,138
All Other Contributions
$1,178,016
Change in Net Assets
$262,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$437,357
Other Expenses$315,901
Salaries, Compensation, and Employee Benefits$260,019
Total Fundraising Expense$117,287
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$437,357--$437,357
Fees for Services Other$140,532$23,226$37,632$201,390
Current Officers, Directors, Trustees, and Key Employees$120,740$17,249$34,497$172,486
Other Salaries and Wages$27,802$33,202$6,267$67,271
Fees for Services Accounting-$25,937-$25,937
All Other Expenses-$12,412$11,340$23,752
Payroll Taxes$11,431$2,314$3,130$16,875
Travel$242$7,840$42$8,124
Other Expenses$445$6,124$54$6,623
Occupancy$1,243$1,658$1,243$4,144
Insurance-$3,679-$3,679
Other Employee Benefits$1,339$1,780$268$3,387
Advertising-$500$1,550$2,050
Depreciation Depletion$220$892-$1,112
Total Functional Expenses$748,895$147,095$117,287$1,013,277
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Olsen&AsscPR dba GoodstandingReno, NVgov'tLake Tahoe Summit$156,000
NV Conservation League Ed FndLas Vegas, NV501c(3)Tahoe Environmental Improvement$80,000
Placer CountyAuburn, CAgov'tRecreation/Bike Path$47,000
CA Dept of Parks & RecreationSacramento, CAgov'tRecreation/ Trail Restoration$45,000
Great Basin InstituteReno, NV501c(3)Stewardship$25,000
US Forest ServiceSo Lake Tahoe, CA-Recreation/ Taylor Creek$25,000
Community Foundtn of West NvReno, NV501c(3)Tahoe Environmental Improvement$20,000
League to Save Lake TahoeSo Lake Tahoe, CA501c(3)Tahoe Environmental Improvement$20,000
Tahoe Regional Planning AgencStateline, NVgov'tEnvironmental Improv/ Stewardship$8,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$78,338
Fundraising Gross Income$30,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$103,975$30,200$33,024$-2,824
Total Events$103,975$30,200$78,338$-48,138
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-BOD Family MbrPmts Mrktg/Web SrvsNo$13,248

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$37,717
Funds Held For Others$9,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Staff is responsible for preparing the 990 with the aid of a professional accounting firm. The 990 is reviewed by the audit committee before being distributed to the full board for review after which it is submitted to the irs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to re-sign the policy annually and fill out an annual disclosure form at the annual meeting. Board chair reviews all policies and makes the executive committee aware of any conflicts. The board members are required to disclose any new conflicts as soon as they arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The CEO's initial salary was set by the board in consultation with an outside hiring agency. The hiring agency did a comparability study of similar organizations in the area. The CEO is reviewed annually by the compensation committee with input from the full board at which time the compensation is reviewed and then subsequently approved by the board as part of the annual budget approval process.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board members are not compensated and there are no key employees

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND OTHER DOCUMENTS SUBJECT TO PUBLIC DISCLOSURE ARE AVAILABLE UPON REQUEST. All documents are available in pdf and can be emailed or printed and sent via us mail per the preference of the requester. Requests can be made via phone, email, or snail mail.

Filing and Contact Details

Filer

Filer Name
Tahoe Fund
EIN
01-0974628
Phone
7752980035
Address
PO BOX 7124, TAHOE CITY, CA 96145

Signing Officer

Name
Amy Berry
Title
CEO
Signed
2017-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Berry
Formed
2010
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
19
Employees
4
Volunteers
20

Preparer

Firm
Nicole S Sachse CPA
Address
10666 DOGWOOD RD, TRUCKEE, CA 96161
Preparer
Nicole S Sachse
Phone
5305501536
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: recreation: the tahoe fund provides grants to critical environment improvement projects in lake tahoe that will enhance outdoor recreation. In 2016, the tahoe fund worked closely with public agencies to plan a new bike path from incline village to sand harbor, and to ensure construction could begin in 2016. Tahoe fund also supported efforts on the incline flume, a new overlook at taylor creek, a new bike path at dollar creek and a restoration of the lighthouse trail in bliss state park.

Other Changes In Net Assets Or Fund Balances - Other Increases

Change in Beneficial Interest = $111933

Other Changes In Net Assets Or Fund Balances - Other Decreases

Unfulfilled Pledges = -$13200

Part IX Statement of Functional Expenses, Line 25

The fundraising expenses of the organization are much higher on a percentage basis of total expenses than most non-profit organizations because the mission of organization is to raise funds for projects that restore and enhance Lake Tahoe. Additionally, expenses were incurred to raise funds for a very large project which has not yet been paid out and recorded as program expenses.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The fund was established by the board of directors to support the operating expenses of the organization. The current goal is to build the fund to $1,000,000 with reinvestment of earnings and future restricted and unrestricted donations.

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IRS990/Desc0OUTREACH: THE TAHOE FUND, ON ITS OWN AND IN COLLABORATION WITH OTHER ORGANIZATIONS, RAISES AWARENESS OF THE ENVIRONMENTAL NEEDS OF LAKE TAHOE AND THE BASIN. THE TAHOE FUND ACTIVELY PARTICIPATES IN THE LAKE TAHOE PARTNERSHIP, A COLLABORATION OF PUBLIC AND PRIVATE GROUPS IN THE BASIN THAT ARE ALL FOCUSED ON PROTECTING THE ENVIRONMENT THROUGH ENVIRONMENTAL IMPROVEMENT PROJECTS. IN ADDITION, THE TAHOE FUND IS A MEMBER OF THE CALIFORNIA TAHOE ALLIANCE THAT IS DEDICATED TO LOBBYING FOR THE ENVIRONMENTAL IMPROVEMENT PROGRAM. THROUGH THESE EFFORTS THE TAHOE FUND MET WITH ELECTED OFFICIALS IN CALIFORNIA, NEVADA AND FEDERALLY TO EDUCATE ON THE NEED FOR MORE PUBLIC SUPPORT OF ENVIRONMENTAL PROJECTS. THE TAHOE FUND SPONSORED AND ORGANIZED THE 2016 LAKE TAHOE SUMMIT, A DISCUSSION OF THE IMPORTANCE OF PROTECTING AND RESTORING LAKE TAHOE. THE SUMMIT WAS ATTENDED BY MORE THAN 3,000 PEOPLE, INCLUDING PRESIDENT OBAMA AND THE SENATORS OF BOTH CALIFORNIA AND NEVADA . THE TAHOE FUND ALSO HELPS PROMOTE LAKE TAHOE LICENSE PLATES. THE PLATES PROGRAM SUPPORTS HIKING AND BIKING TRAILS AND WATERSHED RESTORATION THROUGH TAHOE'S PUBLIC ENVIRONMENTAL AGENCIES, THE CALIFORNIA TAHOE CONSERVANCY AND THE NEVADA DIVISION OF STATE LANDS.THE SUMMIT WAS ATTENDED BY MORE THAN 600 PEOPLE, INCLUDING THE SENATORS OF BOTH CALIFORNIA AND NEVADA . THE TAHOE FUND ALSO HELPS PROMOTE LAKE TAHOE LICENSE PLATES. THE plates program supports hiking and biking trails and watershed restoration through TAHOE'S PUBLIC ENVIRONMENTAL AGENCIES, THE CALIFORNIA TAHOE CONSERVANCY AND THE NEVADA DIVISION OF STATE LANDS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
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IRS990/OtherExpensesGrp/FundraisingAmt2230
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IRS990/OtherExpensesGrp/ProgramServicesAmt3445
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IRS990/OtherExpensesGrp/TotalAmt18127
IRS990/OtherExpensesGrp/TotalAmt27207
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$0.14$14.8$5.56$3.08$2.48
2024Detailed filing. Detailed filing data is available for this year.$12.4$0.10$12.3$4.12$2.48$1.64
2023Detailed filing. Detailed filing data is available for this year.$10.1$0.18$9.88$3.20$2.37$0.83
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.89$0.16$9.73$3.55$2.04$1.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.74$0.36$8.38$4.44$1.71$2.73
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$0.04$4.69$2.39$1.16$1.23
2019Summary only. Only limited summary data is available for this year.$3.78$0.04$3.74$1.39$1.07$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.48$0.05$3.42$1.32$0.87$0.45
2017Detailed filing. Detailed filing data is available for this year.$2.99$0.07$2.92$1.28$1.01$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.59$0.03$2.56$0.96$0.46$0.50
2015Summary only. Only limited summary data is available for this year.$2.15$0.03$2.12$1.88$0.43$1.45
2014Summary only. Only limited summary data is available for this year.$0.82$0.14$0.68$0.81$0.51$0.30
2013Summary only. Only limited summary data is available for this year.$0.40$0.02$0.38$0.51$0.47$0.04
2012Summary only. Only limited summary data is available for this year.$0.38$0.07$0.30$0.81$0.51$0.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits