Civic Intelligence

Lake Placid Land Conservancy

990 • Fiscal year 2018 • EIN 16-1452565

Oct 01, 2017 to Sep 30, 2018 • Filed on May 28, 2019

PO Box 1250Lake Placid, NY 12946

(518) 837-5177

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-93%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

59th percentile

$35,727

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 34.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

16th percentile

-11%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$788,756

Down $95,359 (-11%) from 2017

Net Assets

Down

$783,886

Down $95,004 (-11%) from 2017

Liabilities

Down

$4,870

Down $355 (-6.8%) from 2017

Revenue

Down

$102,225

Down $379,930 (-79%) from 2017

Expenses

Up

$197,229

Up $22,189 (+13%) from 2017

Net Income

Down

-$95,004

Down $402,119 (-131%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $282,643Liabilities 2012: $660Net Assets 2012: $281,9832012Assets 2013: $249,002Liabilities 2013: $1,230Net Assets 2013: $247,7722013Assets 2014: $331,638Liabilities 2014: $2,7402014Assets 2015: $439,349Liabilities 2015: $11,752Net Assets 2015: $427,5972015Assets 2016: $483,104Liabilities 2016: $16,928Net Assets 2016: $466,1762016Assets 2017: $884,115Liabilities 2017: $5,225Net Assets 2017: $878,8902017Assets 2018: $788,756Liabilities 2018: $4,870Net Assets 2018: $783,8862018Assets 2019: $792,545Liabilities 2019: $5,054Net Assets 2019: $787,4912019Assets 2020: $707,916Liabilities 2020: $25,300Net Assets 2020: $682,6162020Assets 2021: $665,269Liabilities 2021: $15,308Net Assets 2021: $649,9612021Assets 2022: $557,951Liabilities 2022: $16,189Net Assets 2022: $541,7622022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$788,756
Liabilities$4,870
Net Assets$783,886

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $52,408Expenses 2012: $31,095Net Income 2012: $21,3132012Revenue 2013: $77,430Expenses 2013: $96,424Net Income 2013: -$18,9942013Revenue 2014: $69,117Expenses 2014: $27,566Net Income 2014: $41,5512014Revenue 2015: $222,994Expenses 2015: $124,295Net Income 2015: $98,6992015Revenue 2016: $195,443Expenses 2016: $156,864Net Income 2016: $38,5792016Revenue 2017: $482,155Expenses 2017: $175,040Net Income 2017: $307,1152017Revenue 2018: $102,225Expenses 2018: $197,229Net Income 2018: -$95,0042018Revenue 2019: $135,858Expenses 2019: $132,436Net Income 2019: $3,4222019Revenue 2020: $92,419Expenses 2020: $197,294Net Income 2020: -$104,8752020Revenue 2021: $204,824Expenses 2021: $237,479Net Income 2021: -$32,6552021Revenue 2022: $10,206Expenses 2022: $118,405Net Income 2022: -$108,1992022Revenue 2023: $5,653Expenses 2023: $7Net Income 2023: $5,6462023

Highlighted filing

2018

Revenue$102,225
Expenses$197,229
Net Income-$95,004
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
May 28, 2019
Return Version
2017v2.3
Gross Receipts
$102,225
Mission and Program Overview

Mission

The lake placid land conservancy is dedicated to conserving land and water in lake placid and the ausable and saranac river watersheds

Conserving land and water in lake placid and the ausable and saranac river watersheds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$385,846$341,091▼ $44,755
Land, Buildings, and Equipment, Net$214,588$212,494▼ $2,094
Pledges and Grants Receivable$177,700$126,630▼ $51,070
Savings and Temporary Cash Investments$104,436$105,750▲ $1,314
Prepaid Expenses and Deferred Charges$1,545$2,791▲ $1,246
Total Assets$884,115$788,756▼ $95,359
Liabilities
Accounts Payable and Accrued Expenses$5,225$4,870▼ $355
Total Liabilities$5,225$4,870▼ $355
Net Assets / Fund Balance
Temporarily Rstr Net Assets$582,822$539,364▼ $43,458
Unrestricted Net Assets$296,068$244,522▼ $51,546
Total Net Assets Fund Balance$878,890$783,886▼ $95,004
Total Liabilities and Net Assets / Fund Balance$884,115$788,756▼ $95,359

Asset Categories

AssetBook ValueDepreciationBasis
Land$212,101-$212,101
Other Land Buildings$239$2,687$2,926
Equipment$154$1,050$1,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kerry CrowningshieldExecutive DirectorFT$35,727$35,727

Board Members and Trustees

NameTitle
Reg GignouxPresident
Greg FettersVice President/treasurer
Bill UghettaBoard Member
Georgia JonesBoard Member
Jamey RhoadesBoard Member
John BogleBoard Member
Kevin BradyBoard Member
Liz ClarkeBoard Member
Sara Jane DehoffBoard Member
Steve PounianBoard Member
Susan RigginsBoard Member
Tyler EatonBoard Member
Valerie IrelandBoard Member
Veronica RichterBoard Member
Diane FishSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$100,514
Program Service Revenue
$0
Investment Income
$1,711
Other Revenue
$0
All Other Contributions
$100,514
Change in Net Assets
$-95,004
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$138,923
Other Expenses$57,091
Total Fundraising Expense$7,253
Grants and Similar Amounts Paid$1,215
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,693$23,934$3,809$75,436
Current Officers, Directors, Trustees, and Key Employees$40,632$20,316$2,539$63,487
Occupancy-$8,812-$8,812
Fees for Services Accounting-$7,532-$7,532
Travel-$5,064-$5,064
Insurance$685$2,835-$3,520
Office Expenses$1,321$1,086$782$3,189
Depreciation Depletion-$2,093-$2,093
Other Expenses$12,344$1,568-$1,568
Grants to Domestic Orgs$1,215--$1,215
All Other Expenses$186$924-$1,110
Advertising$601$106-$707
Fees for Services Other-$215$123$338
Total Functional Expenses$104,677$85,299$7,253$197,229
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
Yes
Audit committee
No
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
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 B, Line 11B

The board approves the 990 before its filing.

Form 990, Part VI, Section C, Line 19

The conservancy makes documents available upon request.

Filing and Contact Details

Filer

Filer Name
Lake Placid Land Conservancy
EIN
16-1452565
Phone
5188375177
Address
PO BOX 1250, LAKE PLACID, NY 12946

Signing Officer

Name
Gregory Claude Fetters
Title
Treasurer
Phone
5188375177
Signed
2019-05-28

Organization Details

Principal Officer
Gregory Claude Fetters
Formed
1994
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
0

Preparer

Firm
Mcsoley Mccoy & Co
Address
118 TILLEY DRIVE STE 202, SOUTH BURLINGTON, VT 05403
Preparer
Connie Fellion
Phone
8026581808
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IRS990/OtherExpensesGrp/ProgramServicesAmt012344
IRS990/OtherExpensesGrp/TotalAmt018619
IRS990/OtherExpensesGrp/TotalAmt12616
IRS990/OtherExpensesGrp/TotalAmt21923
IRS990/OtherExpensesGrp/TotalAmt31568
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03809
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023934
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047693
IRS990/OtherSalariesAndWagesGrp/TotalAmt075436
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0177700
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0126630
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01545
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02791
IRS990/PrincipalOfficerNm0GREGORY CLAUDE FETTERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGEMENT OF THE THREE SISTERS COMMUNITY FOREST PRESERVE AND DEER BROOK PROPERTY INCLUDING CONSTRUCTION OF A PARKING LOT AND MAINTENANCE OF APPROXIMATELY 2 MILES OF POPULAR SCENIC, RECREATIONAL TRAILS. ENGAGEMENT OF LANDOWNERS AND FIELD VISITS TO DISCUSS THE VIABILITY OF PROSPECTIVE LAND OR EASEMENT DONATIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt033998
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01215
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027000
IRS990/ProgSrvcAccomActy3Grp/Desc0STEWARDSHIP OF APPROXIMATELY 430 ACRES OF CONSERVED PROPERTIES INVOLVING ANNUAL MONITORING AND WORKING WITH LAND OWNERS TO MAINTAIN THE CONSERVATION VALUES OF THE LAND TO BENEFIT VISITORS AND RESIDENTS OF THE ADIRONDACKS AND PEOPLE OF NEW YORK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07034
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0480573
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01105
IRS990/PYInvestmentIncomeAmt01582
IRS990/PYOtherExpensesAmt077572
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0307115
IRS990/PYSalariesCompEmpBnftPaidAmt096363
IRS990/PYTotalExpensesAmt0175040
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0482155
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-95004
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0740
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104436
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0105750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0480573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0193745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0222692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt068930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01066454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01713
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01698
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05342
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0140
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76220
IRS990ScheduleA/PublicSupportPY170Pct00.75040
IRS990ScheduleA/PublicSupportTotal170Amt0816952
IRS990ScheduleA/SubstantialContributorsTotAmt0249502
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0100514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0480573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0193745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0222692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt068930
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01066454
IRS990ScheduleA/TotalSupportAmt01071796
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0154
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01050
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01204
IRS990ScheduleD/ExpensesIncurredEnforcementAmt07034
IRS990ScheduleD/LandGrp/BookValueAmt0212101
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0212101
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0239
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02687
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02926
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StaffHoursSpentEnforcementCnt0176.00
IRS990ScheduleD/TotalAcreageCnt0307.80
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0212494
IRS990ScheduleD/TotalEasementsCnt03
IRS990ScheduleD/WrittenPolicyMonitoringInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD APPROVES THE 990 BEFORE ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONSERVANCY MAKES DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0582822
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0539364
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0884115
IRS990/TotalAssetsEOYAmt0788756
IRS990/TotalAssetsGrp/BOYAmt0884115
IRS990/TotalAssetsGrp/EOYAmt0788756
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100514
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07253
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085299
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0104677
IRS990/TotalFunctionalExpensesGrp/TotalAmt0197229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05225
IRS990/TotalLiabilitiesEOYAmt04870
IRS990/TotalLiabilitiesGrp/BOYAmt05225
IRS990/TotalLiabilitiesGrp/EOYAmt04870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0878890
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0783886
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0104677
IRS990/TotalReportableCompFromOrgAmt035727
IRS990/TotalRevenueGrp/ExclusionAmt01711
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0102225
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0884115

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.06$0.00$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.16$5.42$0.10$1.18$1.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$0.15$6.50$2.05$2.37$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.08$0.25$6.83$0.92$1.97$1.05
2019Summary only. Only limited summary data is available for this year.$7.93$0.05$7.87$1.36$1.32$0.03
2018Detailed filing. Detailed filing data is available for this year.$7.89$0.05$7.84$1.02$1.97$0.95
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.84$0.05$8.79$4.82$1.75$3.07
2016Detailed filing. Detailed filing data is available for this year.$4.83$0.17$4.66$1.95$1.57$0.39
2015Detailed filing. Detailed filing data is available for this year.$4.39$0.12$4.28$2.23$1.24$0.99
2014Summary only. Only limited summary data is available for this year.$3.32$0.03$0.69$0.28$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.01$2.48$0.77$0.96$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.01$2.82$0.52$0.31$0.21