Civic Intelligence

Bethany Land Trust Inc Co Peter Simon Treasurer

990 • Fiscal year 2016 • EIN 06-6105317

May 01, 2015 to Apr 30, 2016 • Filed on Sep 06, 2016

649 Amity RoadBethany, CT 06524

(203) 393-1548

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

62nd percentile

7.7%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

44th percentile

0.1%

Faster asset growth than 44% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-40%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$842,289

Up $800 (+0.1%) from 2015

Net Assets

Up

$842,289

Up $800 (+0.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$10,403

Down $7,063 (-40%) from 2015

Expenses

Down

$9,603

Down $3,606 (-27%) from 2015

Net Income

Down

$800

Down $3,457 (-81%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $829,853Liabilities 2011: $0Net Assets 2011: $829,8532011Assets 2012: $832,710Liabilities 2012: $0Net Assets 2012: $832,7102012Assets 2013: $834,284Liabilities 2013: $0Net Assets 2013: $834,2842013Assets 2014: $837,232Liabilities 2014: $0Net Assets 2014: $837,2322014Assets 2015: $841,489Liabilities 2015: $0Net Assets 2015: $841,4892015Assets 2016: $842,289Liabilities 2016: $0Net Assets 2016: $842,2892016Assets 2017: $856,802Liabilities 2017: $0Net Assets 2017: $856,8022017Assets 2018: $902,519Liabilities 2018: $0Net Assets 2018: $902,5192018Assets 2019: $925,534Liabilities 2019: $0Net Assets 2019: $925,5342019Assets 2020: $940,324Liabilities 2020: $0Net Assets 2020: $940,3242020Assets 2021: $1,011,583Liabilities 2021: $0Net Assets 2021: $1,011,5832021Assets 2022: $1,037,525Liabilities 2022: $0Net Assets 2022: $1,037,5252022Assets 2023: $1,074,170Liabilities 2023: $0Net Assets 2023: $1,074,1702023Assets 2024: $1,268,006Liabilities 2024: $0Net Assets 2024: $1,268,0062024Assets 2025: $1,497,322Liabilities 2025: $0Net Assets 2025: $1,497,3222025

Highlighted filing

2016

Assets$842,289
Liabilities$0
Net Assets$842,289

Operations Trend

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

$300K$200K$100K$0Expenses 2011: $4,7962011Expenses 2012: $6,1572012Revenue 2013: $9,493Expenses 2013: $7,919Net Income 2013: $1,5742013Revenue 2014: $13,234Expenses 2014: $10,287Net Income 2014: $2,9472014Revenue 2015: $17,466Expenses 2015: $13,209Net Income 2015: $4,2572015Revenue 2016: $10,403Expenses 2016: $9,603Net Income 2016: $8002016Revenue 2017: $23,627Expenses 2017: $9,114Net Income 2017: $14,5132017Revenue 2018: $54,205Expenses 2018: $8,488Net Income 2018: $45,7172018Revenue 2019: $98,426Expenses 2019: $75,411Net Income 2019: $23,0152019Revenue 2020: $29,693Expenses 2020: $14,903Net Income 2020: $14,7902020Revenue 2021: $82,753Expenses 2021: $11,494Net Income 2021: $71,2592021Revenue 2022: $38,118Expenses 2022: $12,176Net Income 2022: $25,9422022Revenue 2023: $54,116Expenses 2023: $17,471Net Income 2023: $36,6452023Revenue 2024: $226,596Expenses 2024: $32,760Net Income 2024: $193,8362024Revenue 2025: $245,524Expenses 2025: $16,208Net Income 2025: $229,3162025

Highlighted filing

2016

Revenue$10,403
Expenses$9,603
Net Income$800
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Sep 6, 2016
Return Version
2015v2.1
Gross Receipts
$10,403
Mission and Program Overview

Mission

The land trust protects the rural character, natural diversity, scenic natural lands and agricultural vitality of bethany and the surrounding communities by preserving lands with significant conservation values for present and future generations and by fostering an appreciation and understanding of the natural environment by sponsoring free public environmental educational programs and nature walks.

The land trust protects the rural character, natural diversity, scenic natural lands and agricultural vitality of bethany and the surrounding communities by preserving lands with significant conservation values for present and future generations and by fostering an appreciation and understanding of the natural environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$700,149$700,149→ $0
Investments in Publicly Traded Securities$125,896$130,077▲ $4,181
Savings and Temporary Cash Investments$15,444$12,063▼ $3,381
Total Assets$841,489$842,289▲ $800
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$820,836$821,074▲ $238
Temporarily Rstr Net Assets$20,653$21,215▲ $562
Total Net Assets Fund Balance$841,489$842,289▲ $800
Total Liabilities and Net Assets / Fund Balance$841,489$842,289▲ $800

Asset Categories

AssetBook ValueDepreciationBasis
Land$700,149-$700,149
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,720
Program Service Revenue
$0
Investment Income
$4,183
Other Revenue
$500
All Other Contributions
$3,950
Change in Net Assets
$800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,603
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$2,596--$2,596
Fees for Service Investment Mgmnt Fees-$975-$975
Other Expenses$749--$749
All Other Expenses$500--$500
Fees for Services Accounting-$260-$260
Advertising$181--$181
Total Functional Expenses$8,368$1,235$0$9,603
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
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 A, Line 6

There are 3 classes of membership: life members who have paid life membership dues, regular members who have paid the current annual membership dues, and junior members who are under the age of 21 and have paid junior membership dues. All dues are established by the board of directors.

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

Directors (a maximum of 12) are elected by a majority vote of the members present at an annual membership meeting.

Form 990, Part VI, Section B, Line 11

1. Completion of form 990 by accountant and treasurer. 2. Print form and appropriate schedules as *.pdf. File, send by email or otherwise to board of directors 3. Schedule meeting to discuss 990 if requested by any board member. If meeting requested, discuss at board meeting, reflect in minutes. 4. If no meeting is requested, treasurer and president may sign form 990 and file.

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

A statement of agreement with the conflict of interest policy is to be signed by each director or officer annually.

Form 990, Part VI, Section C, Line 19

Available upon written request.

Filing and Contact Details

Filer

Filer Name
Bethany Land Trust Inc
EIN
06-6105317
Phone
2033931548
Address
649 AMITY ROAD, BETHANY, CT 06524

Signing Officer

Name
Peter Simon
Title
Treasurer
Phone
2033931548
Signed
2016-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Simon
Formed
1968
Legal Domicile
Ct
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
35

Preparer

Firm
Kircaldie Randall & Mcnab LLC
Address
605 WASHINGTON AVENUE, NORTH HAVEN, CT 06473-1187
Preparer
Brian S Borgerson CPA
Phone
2032394478
Supplemental Narrative

Financial Statement Notes

Part II, Line 9

The organization reports the value of conservation easements at $100 per acre or part thereof, which is the assessed value that the town placed on open space property when we started booking easements. These conservation easements have no fair market value in the hands of the land trust.

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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/InvestmentIncomeAndUBTIGrp/TotalAmt014790
IRS990ScheduleA/InvestmentIncomeCYPct00.25690
IRS990ScheduleA/InvestmentIncomePYPct00.20700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74310
IRS990ScheduleA/PublicSupportPY509Pct00.79300
IRS990ScheduleA/PublicSupportTotal509Amt042775
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt011168
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08189
IRS990ScheduleA/Total509Grp/TotalAmt042775
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt016966
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt012734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08969
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt057565
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesIncurredEnforcementAmt0500
IRS990ScheduleD/LandGrp/BookValueAmt0700149
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0700149
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/Section170hRqrStsfdInd01
IRS990ScheduleD/StaffHoursSpentEnforcementCnt050.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REPORTS THE VALUE OF CONSERVATION EASEMENTS AT $100 PER ACRE OR PART THEREOF, WHICH IS THE ASSESSED VALUE THAT THE TOWN PLACED ON OPEN SPACE PROPERTY WHEN WE STARTED BOOKING EASEMENTS. THESE CONSERVATION EASEMENTS HAVE NO FAIR MARKET VALUE IN THE HANDS OF THE LAND TRUST.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9
IRS990ScheduleD/TotalAcreageCnt0193.61
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0700149
IRS990ScheduleD/TotalEasementsCnt021
IRS990ScheduleD/WrittenPolicyMonitoringInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE 3 CLASSES OF MEMBERSHIP: LIFE MEMBERS WHO HAVE PAID LIFE MEMBERSHIP DUES, REGULAR MEMBERS WHO HAVE PAID THE CURRENT ANNUAL MEMBERSHIP DUES, AND JUNIOR MEMBERS WHO ARE UNDER THE AGE OF 21 AND HAVE PAID JUNIOR MEMBERSHIP DUES. ALL DUES ARE ESTABLISHED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS (A MAXIMUM OF 12) ARE ELECTED BY A MAJORITY VOTE OF THE MEMBERS PRESENT AT AN ANNUAL MEMBERSHIP MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21. COMPLETION OF FORM 990 BY ACCOUNTANT AND TREASURER. 2. PRINT FORM AND APPROPRIATE SCHEDULES AS *.PDF. FILE, SEND BY EMAIL OR OTHERWISE TO BOARD OF DIRECTORS 3. SCHEDULE MEETING TO DISCUSS 990 IF REQUESTED BY ANY BOARD MEMBER. IF MEETING REQUESTED, DISCUSS AT BOARD MEETING, REFLECT IN MINUTES. 4. IF NO MEETING IS REQUESTED, TREASURER AND PRESIDENT MAY SIGN FORM 990 AND FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A STATEMENT OF AGREEMENT WITH THE CONFLICT OF INTEREST POLICY IS TO BE SIGNED BY EACH DIRECTOR OR OFFICER ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt020653
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt021215
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0841489
IRS990/TotalAssetsEOYAmt0842289
IRS990/TotalAssetsGrp/BOYAmt0841489
IRS990/TotalAssetsGrp/EOYAmt0842289
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05720
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01235
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08368
IRS990/TotalFunctionalExpensesGrp/TotalAmt09603
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0841489
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0842289
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08368
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04183
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010403
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0841489
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0842289
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0820836
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0821074
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0649 AMITY ROAD
IRS990/USAddress/CityNm0BETHANY
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006524
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.BETHANYLANDTRUST.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER SIMON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02033931548
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHANY LAND TRUST INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O PETER SIMON TREASURER
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0066105317
ReturnHeader/Filer/PhoneNum02033931548
ReturnHeader/Filer/USAddress/AddressLine1Txt0649 AMITY ROAD
ReturnHeader/Filer/USAddress/CityNm0BETHANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006524
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060415530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIRCALDIE RANDALL & MCNAB LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0605 WASHINGTON AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH HAVEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064731187
ReturnHeader/PreparerPersonGrp/PhoneNum02032394478
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN S BORGERSON CPA
ReturnHeader/ReturnTs02016-09-07T10:30:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.25$0.02$0.23
2024Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.23$0.03$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.05$0.02$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.04$0.01$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.08$0.01$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.03$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.10$0.08$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.05$0.01$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.02$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.01$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.02$0.01$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.01$0.01$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.01$0.01$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.00