Civic Intelligence

The Truro Conservation Trust

990 • Fiscal year 2013 • EIN 04-2761085

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 09, 2014

Pobox 327North Truro, MA 02652

(508) 487-8280

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$1,252,892

Up $37,031 (+3.0%) from 2012

Net Assets

Up

$1,252,892

Up $37,031 (+3.0%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Down

$78,350

Down $786,012 (-91%) from 2012

Expenses

Down

$48,661

Down $12,340 (-20%) from 2012

Net Income

Down

$29,689

Down $773,672 (-96%) from 2012

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $405,339Liabilities 2011: $0Net Assets 2011: $405,3392011Assets 2012: $1,215,861Liabilities 2012: $0Net Assets 2012: $1,215,8612012Assets 2013: $1,252,892Liabilities 2013: $0Net Assets 2013: $1,252,8922013Assets 2014: $1,281,615Liabilities 2014: $0Net Assets 2014: $1,281,6152014Assets 2015: $1,571,790Liabilities 2015: $0Net Assets 2015: $1,571,7902015Assets 2016: $1,994,921Liabilities 2016: $0Net Assets 2016: $1,994,9212016Assets 2017: $578,686Liabilities 2017: $22,360Net Assets 2017: $556,3262017Assets 2018: $1,149,116Liabilities 2018: $31,968Net Assets 2018: $1,117,1482018Assets 2019: $1,433,467Liabilities 2019: $0Net Assets 2019: $1,433,4672019Assets 2020: $430,788Liabilities 2020: $0Net Assets 2020: $430,7882020Assets 2021: $480,309Liabilities 2021: $0Net Assets 2021: $480,3092021Assets 2022: $607,516Liabilities 2022: $0Net Assets 2022: $607,5162022Assets 2023: $1,166,605Liabilities 2023: $0Net Assets 2023: $1,166,6052023Assets 2024: $2,114,448Liabilities 2024: $0Net Assets 2024: $2,114,4482024

Highlighted filing

2013

Assets$1,252,892
Liabilities$0
Net Assets$1,252,892

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $68,467Expenses 2011: $43,304Net Income 2011: $25,1632011Revenue 2012: $864,362Expenses 2012: $61,001Net Income 2012: $803,3612012Revenue 2013: $78,350Expenses 2013: $48,661Net Income 2013: $29,6892013Revenue 2014: $63,401Expenses 2014: $45,074Net Income 2014: $18,3272014Revenue 2015: $397,168Expenses 2015: $27,355Net Income 2015: $369,8132015Revenue 2016: $435,359Expenses 2016: $39,696Net Income 2016: $395,6632016Revenue 2017: $1,224,541Expenses 2017: $1,646,940Net Income 2017: -$422,3992017Revenue 2018: $609,805Expenses 2018: $61,145Net Income 2018: $548,6602018Revenue 2019: $977,701Expenses 2019: $751,441Net Income 2019: $226,2602019Revenue 2020: $2,342,415Expenses 2020: $3,338,569Net Income 2020: -$996,1542020Revenue 2021: $926,667Expenses 2021: $903,345Net Income 2021: $23,3222021Revenue 2022: $239,693Expenses 2022: $68,179Net Income 2022: $171,5142022Revenue 2023: $1,407,026Expenses 2023: $865,559Net Income 2023: $541,4672023Revenue 2024: $3,103,828Expenses 2024: $2,181,691Net Income 2024: $922,1372024

Highlighted filing

2013

Revenue$78,350
Expenses$48,661
Net Income$29,689
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 9, 2014
Return Version
2013v3.0
Gross Receipts
$78,350
Mission and Program Overview

Mission

LAND CONSERVATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,214,280$1,252,891▲ $38,611
Investments Other Securities$1,580$0▼ $1,580
Land, Buildings, and Equipment, Net$1$1→ $0
Total Assets$1,215,861$1,252,892▲ $37,031
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,215,861$1,252,892▲ $37,031
Total Net Assets Fund Balance$1,215,861$1,252,892▲ $37,031
Total Liabilities and Net Assets / Fund Balance$1,215,861$1,252,892▲ $37,031

Asset Categories

AssetBook ValueDepreciationBasis
Land$1--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$69,363
Program Service Revenue
$0
Investment Income
$8,987
Other Revenue
$0
All Other Contributions
$69,363
Change in Net Assets
$29,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,561
Total Fundraising Expense$3,293
Grants and Similar Amounts Paid$1,100
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$10,900-$10,900
All Other Expenses$4,093$1,703-$5,796
Insurance-$3,749-$3,749
Other Expenses$3,355$9,125$3,293$3,293
Office Expenses-$1,844-$1,844
Grants to Domestic Orgs$1,100--$1,100
Fees for Services Legal$913--$913
Fees for Service Investment Mgmnt Fees-$170-$170
Information Technology-$120-$120
Total Functional Expenses$17,757$27,611$3,293$48,661
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members with no financial interest in the non-profit.

Form 990, Part VI, Section B, Line 11

A copy of the 990 is provided to the organization's governing body prior to the return being filed with the irs.

Form 990, Part VI, Section C, Line 18

The truro conservation trust makes the 990 available for public inspection upon request

Form 990, Part VI, Section C, Line 19

The truro conservation trust makes the 990 available for public inspection upon request

Filing and Contact Details

Filer

EIN
04-2761085
Phone
5084878280

Signing Officer

Name
Philip Smith
Title
Treasurer
Phone
5084878280
Signed
2014-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Smith
Formed
1981
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Preparer
George Wmalloy CPA
Phone
5082552240
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Real estate taxes: program service expenses 2473. Management and general expenses 0. Fundraising expenses 0. Total expenses 2473. Administrative cost: program service expenses 0. Management and general expenses 1321. Fundraising expenses 0. Total expenses 1321. Land acquisition and surveying: program service expenses 1020. Management and general expenses 0. Fundraising expenses 0. Total expenses 1020. Dues and subscriptions: program service expenses 600. Management and general expenses 0. Fundraising expenses 0. Total expenses 600. Telephone: program service expenses 0. Management and general expenses 382. Fundraising expenses 0. Total expenses 382.

Financial Statement Notes

PART X, LINE 2:

The trust has been accepted as a non-profit organization under internal revenue code section 501(c)(3) and is exempt from federal and state income taxes. The trust is subject to tax on income from any unrelated business. During the current year ended the trust believes it did not have any unrelated business income that would be subject to tax. Consequently, the organization does not reflect any provision for income taxes. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The trust believes it is no longer subject to income tax examinations for years ended prior to december 31, 2010.

Form 990 Part IV Line 7

Expenditures for acquiring or perfecting conservation easements are recorded as an expense when incurred.

Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0859110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt065059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt080049
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01207099
IRS990ScheduleA/TotalSupportAmt01235654
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST HAS BEEN ACCEPTED AS A NON-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE TRUST IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS. DURING THE CURRENT YEAR ENDED THE TRUST BELIEVES IT DID NOT HAVE ANY UNRELATED BUSINESS INCOME THAT WOULD BE SUBJECT TO TAX. CONSEQUENTLY, THE ORGANIZATION DOES NOT REFLECT ANY PROVISION FOR INCOME TAXES. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE TRUST BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS ENDED PRIOR TO DECEMBER 31, 2010.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENDITURES FOR ACQUIRING OR PERFECTING CONSERVATION EASEMENTS ARE RECORDED AS AN EXPENSE WHEN INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART IV LINE 7
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01
IRS990ScheduleD/WrittenPolicyMonitoringInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WITH NO FINANCIAL INTEREST IN THE NON-PROFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO THE RETURN BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRURO CONSERVATION TRUST MAKES THE 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRURO CONSERVATION TRUST MAKES THE 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 2473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2473. ADMINISTRATIVE COST: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1321. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1321. LAND ACQUISITION AND SURVEYING: PROGRAM SERVICE EXPENSES 1020. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1020. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 600. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 382. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 382.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01215861
IRS990/TotalAssetsEOYAmt01252892
IRS990/TotalAssetsGrp/BOYAmt01215861
IRS990/TotalAssetsGrp/EOYAmt01252892
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt069363
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03293
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027611
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017757
IRS990/TotalFunctionalExpensesGrp/TotalAmt048661
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01215861
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01252892
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt017757
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08987
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt078350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01215861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01252892
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01215861
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01252892
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10POBOX 327
IRS990/USAddress/City0NORTH TRURO
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode002652
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0HTTP://WWW.TRUROCONSERVATIONTRUST.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05084878280
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE TRURO CONSERVATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0TRUR
ReturnHeader/Filer/EIN0042761085
ReturnHeader/Filer/PhoneNum05084878280
ReturnHeader/Filer/USAddress/AddressLine10POBOX 327
ReturnHeader/Filer/USAddress/City0NORTH TRURO
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002652
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043334439
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LYNCH MALLOY MARINI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine109 BAYSTATE COURT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BREWSTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002631
ReturnHeader/PreparerPersonGrp/PhoneNum05082552240
ReturnHeader/PreparerPersonGrp/PreparationDt02014-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE WMALLOY CPA
ReturnHeader/ReturnTs02014-07-11T13:57:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.00$2.11$3.10$2.18$0.92
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.41$0.87$0.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.24$0.07$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.93$0.90$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$2.34$3.34$1.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.00$1.43$0.98$0.75$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.12$0.61$0.06$0.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.02$0.56$1.22$1.65$0.42
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.00$1.99$0.44$0.04$0.40
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.00$1.57$0.40$0.03$0.37
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.28$0.00$1.28$0.06$0.05$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.08$0.05$0.03
2012Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.86$0.06$0.80
2011Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$0.07$0.04$0.03