Civic Intelligence

Goshen Land Trust

990 • Fiscal year 2017 • EIN 06-1030299

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

PO Box 51Goshen, CT 06756

(860) 491-5263

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

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

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

5th percentile

-24%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$3,028,223

Down $943,986 (-24%) from 2016

Net Assets

Down

$3,022,573

Down $949,636 (-24%) from 2016

Liabilities

Up

$5,650

Up $5,650 from 2016

Revenue

Down

$113,806

Down $619,358 (-84%) from 2016

Expenses

Down

$33,790

Down $808,408 (-96%) from 2016

Net Income

Up

$80,016

Up $189,050 (+173%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $3,600,319Liabilities 2010: $0Net Assets 2010: $3,600,3192010Assets 2011: $3,625,098Liabilities 2011: $0Net Assets 2011: $3,625,0982011Assets 2012: $3,643,906Liabilities 2012: $2,373Net Assets 2012: $3,641,5332012Assets 2013: $2,990,763Liabilities 2013: $0Net Assets 2013: $2,990,7632013Assets 2014: $3,182,179Liabilities 2014: $0Net Assets 2014: $3,182,1792014Assets 2015: $3,310,188Liabilities 2015: $0Net Assets 2015: $3,310,1882015Assets 2016: $3,972,209Liabilities 2016: $0Net Assets 2016: $3,972,2092016Assets 2017: $3,028,223Liabilities 2017: $5,650Net Assets 2017: $3,022,5732017Assets 2018: $3,041,821Liabilities 2018: $4,220Net Assets 2018: $3,037,6012018Assets 2019: $3,157,262Liabilities 2019: $2,213Net Assets 2019: $3,155,0492019Assets 2020: $3,186,121Liabilities 2020: $2,137Net Assets 2020: $3,183,9842020Assets 2021: $3,259,480Liabilities 2021: $1,097Net Assets 2021: $3,258,3832021Assets 2022: $3,408,282Liabilities 2022: -$2,088Net Assets 2022: $3,410,3702022Assets 2023: $3,480,883Liabilities 2023: $11,541Net Assets 2023: $3,469,3422023Assets 2024: $3,559,376Liabilities 2024: $11,533Net Assets 2024: $3,547,8432024

Highlighted filing

2017

Assets$3,028,223
Liabilities$5,650
Net Assets$3,022,573

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $41,2272010Expenses 2011: $15,8702011Expenses 2012: $319,6582012Revenue 2013: $40,225Expenses 2013: $13,468Net Income 2013: $26,7572013Revenue 2014: $261,077Expenses 2014: $69,661Net Income 2014: $191,4162014Revenue 2015: $149,976Expenses 2015: $27,907Net Income 2015: $122,0692015Revenue 2016: $733,164Expenses 2016: $842,198Net Income 2016: -$109,0342016Revenue 2017: $113,806Expenses 2017: $33,790Net Income 2017: $80,0162017Revenue 2018: $63,454Expenses 2018: $35,703Net Income 2018: $27,7512018Revenue 2019: $149,548Expenses 2019: $32,100Net Income 2019: $117,4482019Revenue 2020: $67,161Expenses 2020: $38,226Net Income 2020: $28,9352020Revenue 2021: $101,820Expenses 2021: $27,421Net Income 2021: $74,3992021Revenue 2022: $224,010Expenses 2022: $25,407Net Income 2022: $198,6032022Revenue 2023: $57,469Expenses 2023: $24,176Net Income 2023: $33,2932023Revenue 2024: $79,908Expenses 2024: $23,348Net Income 2024: $56,5602024

Highlighted filing

2017

Revenue$113,806
Expenses$33,790
Net Income$80,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$113,806
Mission and Program Overview

Mission

Preservation and Stewardship of natural and open lands. Protect land in perpetuity for the purpose of habitat preservaton and enhancement, water quality protection, agricultural productivity, education, passive recreation, and scenic and historic preservation.

Preservation and Stewardship of natural and open lands. Protect land in perpetuity for habitat preservation and enhancement, water quality protection, agricultural productivity, education and passive recreation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,715,814$2,683,282▼ $1,032,532
Savings and Temporary Cash Investments$256,395$336,821▲ $80,426
Pledges and Grants Receivable-$8,120-
Total Assets$3,972,209$3,028,223▼ $943,986
Liabilities
Accounts Payable and Accrued Expenses-$5,650-
Total Liabilities$0$5,650▲ $5,650
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,715,814$2,648,277▼ $1,067,537
Unrestricted Net Assets$256,395$342,276▲ $85,881
Temporarily Rstr Net Assets-$32,020-
Total Net Assets Fund Balance$3,972,209$3,022,573▼ $949,636
Total Liabilities and Net Assets / Fund Balance$3,972,209$3,028,223▼ $943,986

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,652,027-$2,652,027
Buildings$30,226$21,274$51,500
Equipment$1,029-$1,029
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donaldson RobertPresident
Craig ChristopherVice President
Herbst PeterDirector
James ThibaultDirector
Mowrey JoyceDirector
Robert ValentineDirector
Wilks DonDirector
Zbinden LuannDirector
Gene NewellSecretary
Herbst BarbaraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,098
Program Service Revenue
$0
Investment Income
$15,708
Other Revenue
$0
All Other Contributions
$87,271
Change in Net Assets
$80,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,790
Total Fundraising Expense$2,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$1,881$5,391$2,019$9,291
Other Expenses$4,924$1,225-$4,924
Fees for Services Management$1,540$1,856-$3,396
Insurance$2,101$1,063-$3,164
Occupancy-$1,452-$1,452
Depreciation Depletion-$1,418-$1,418
Fees for Services Accounting-$1,200-$1,200
Fees for Service Investment Mgmnt Fees-$913-$913
Total Functional Expenses$16,203$15,568$2,019$33,790
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

Organizations process to review Form 990 Form 990 will be prepared and provided to the Finance Committee along with supporting documents and the Independent Auditors Review for consideration and approval prior to filing the form.

Form 990, Part VI, Section B, Line 12C

Enforcement of Conflicts Policy Annually the Board of Directors submits signed declarations regarding any conflicts of interest. These documents are reviewed by the Board President and any identified issues are addressed and resolved.

Form 990, Part VI, Section C, Line 19

Governing Documents Disclosure Explanation Documents are available upon request at the business office during normal business hours.

Form 990, Part VI, Section A, Line 2

Officer, Director, Trustee or key employee have a family relationship or a business relationship with any other Officer, Director, Trustee or key employee. The Board of Directors has two married couples currently serving on the board.

Form 990, Part VI, Section A, Line 7A

Persons who have the power to elect or appoing members to the governing body. At the Annual GLT meeting, members elect executive officers.

Filing and Contact Details

Filer

Filer Name
Goshen Land Trust
EIN
06-1030299
Phone
8604915263
Address
PO Box 51, Goshen, CT 06756

Signing Officer

Name
Robert Donaldson
Title
President
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Donaldson
Formed
1980
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Abt
Address
6 Cornwall Drive, Goshen, CT 06756
Preparer
Barbara E Herbst
Phone
8604919950
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Other Changes in Net Assets explanation Impairment loss -1,029,652 The value of fee property has been written down to its fair value as determined by the assessment records for the Town of Goshen.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0148253
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt037562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01060895
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015708
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02854
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0732
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt025663
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06410
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01540
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01931
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015708
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02854
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0732
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt025663
IRS990ScheduleA/InvestmentIncomeCYPct00.02330
IRS990ScheduleA/InvestmentIncomePYPct00.01260
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.97670
IRS990ScheduleA/PublicSupportPY509Pct00.98740
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01073396
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0730112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0149793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt055900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt039493
IRS990ScheduleA/Total509Grp/TotalAmt01073396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0113806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0733164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152647
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt059217
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt040225
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01099059
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt030226
IRS990ScheduleD/BuildingsGrp/DepreciationAmt021274
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt051500
IRS990ScheduleD/EquipmentGrp/BookValueAmt01029
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01029
IRS990ScheduleD/ExpensesIncurredEnforcementAmt02883
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt02652027
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02652027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
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IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
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IRS990ScheduleD/StaffHoursSpentEnforcementCnt025.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/TotalAcreageCnt0183.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02683282
IRS990ScheduleD/TotalEasementsCnt016
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organizations process to review Form 990 Form 990 will be prepared and provided to the Finance Committee along with supporting documents and the Independent Auditors Review for consideration and approval prior to filing the form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforcement of Conflicts Policy Annually the Board of Directors submits signed declarations regarding any conflicts of interest. These documents are reviewed by the Board President and any identified issues are addressed and resolved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing Documents Disclosure Explanation Documents are available upon request at the business office during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other Changes in Net Assets explanation Impairment loss -1,029,652 The value of fee property has been written down to its fair value as determined by the assessment records for the Town of Goshen.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Officer, Director, Trustee or key employee have a family relationship or a business relationship with any other Officer, Director, Trustee or key employee. The Board of Directors has two married couples currently serving on the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Persons who have the power to elect or appoing members to the governing body. At the Annual GLT meeting, members elect executive officers.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section c, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section A, Line 7a
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt032020
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03972209
IRS990/TotalAssetsEOYAmt03028223
IRS990/TotalAssetsGrp/BOYAmt03972209
IRS990/TotalAssetsGrp/EOYAmt03028223
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt098098
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02019
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015568
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016203
IRS990/TotalFunctionalExpensesGrp/TotalAmt033790
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt05650
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05650
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03972209
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03022573
IRS990/TotalProgramServiceExpensesAmt016203
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113806
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03972209
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03028223
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0256395
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0342276
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt058 Crossman Road
IRS990/USAddress/CityNm0Goshen
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006756
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.goshenlandtrust.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Donaldson

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.01$3.55$0.08$0.02$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.48$0.01$3.47$0.06$0.02$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$0.22$0.03$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.10$0.03$0.07
2020Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.18$0.07$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.15$0.03$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$0.06$0.04$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.03$0.01$3.02$0.11$0.03$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$0.73$0.84$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.15$0.03$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.26$0.07$0.19
2013Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.04$0.01$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.00$3.64$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.00$3.63$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.00$3.60$0.04
Peer Organizations

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