Civic Intelligence

Mount Pleasant Land Conservancy

990 • Fiscal year 2016 • EIN 20-0473518

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

PO Box 2495Mount Pleasant, SC 29465

(843) 224-1849

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

50%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,013,322

Up $248,493 (+32%) from 2015

Net Assets

Up

$1,013,322

Up $249,493 (+33%) from 2015

Liabilities

Down

$0

Down $1,000 (-100%) from 2015

Revenue

Up

$489,065

Up $163,685 (+50%) from 2015

Expenses

Up

$240,572

Up $95,844 (+66%) from 2015

Net Income

Up

$248,493

Up $67,841 (+38%) 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 2013: $144,813Liabilities 2013: $10,9292013Assets 2014: $148,477Liabilities 2014: $1,000Net Assets 2014: $147,4772014Assets 2015: $764,829Liabilities 2015: $1,000Net Assets 2015: $763,8292015Assets 2016: $1,013,322Liabilities 2016: $0Net Assets 2016: $1,013,3222016Assets 2017: $1,004,129Liabilities 2017: $0Net Assets 2017: $1,004,1292017Assets 2018: $951,039Liabilities 2018: $0Net Assets 2018: $951,0392018Assets 2019: $998,587Liabilities 2019: $0Net Assets 2019: $998,5872019Assets 2020: $997,841Liabilities 2020: $15,875Net Assets 2020: $981,9662020Assets 2021: $1,002,149Liabilities 2021: $13,272Net Assets 2021: $988,8772021Assets 2022: $22,160Liabilities 2022: $0Net Assets 2022: $22,1602022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$1,013,322
Liabilities$0
Net Assets$1,013,322

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $96,006Expenses 2013: $88,065Net Income 2013: $7,9412013Revenue 2014: $115,791Expenses 2014: $100,783Net Income 2014: $15,0082014Revenue 2015: $325,380Expenses 2015: $144,728Net Income 2015: $180,6522015Revenue 2016: $489,065Expenses 2016: $240,572Net Income 2016: $248,4932016Revenue 2017: $247,515Expenses 2017: $256,416Net Income 2017: -$8,9012017Revenue 2018: $230,172Expenses 2018: $283,537Net Income 2018: -$53,3652018Revenue 2019: $329,362Expenses 2019: $281,814Net Income 2019: $47,5482019Revenue 2020: $129,800Expenses 2020: $146,842Net Income 2020: -$17,0422020Revenue 2021: $128,806Expenses 2021: $121,895Net Income 2021: $6,9112021Revenue 2022: $66,886Expenses 2022: $1,033,603Net Income 2022: -$966,7172022Revenue 2023: $3,790Expenses 2023: $25,950Net Income 2023: -$22,1602023

Highlighted filing

2016

Revenue$489,065
Expenses$240,572
Net Income$248,493
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$489,065
Mission and Program Overview

Mission

East cooper land trust is a community-supported organization devoted to conserving land to benefit people and the environment both now and forever.

The east cooper land trust is a community-supported organization devoted to conserving natural spaces, thus the quality of life for current and future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$503,000$773,000▲ $270,000
Cash and Non-Interest-Bearing Accounts$261,829$240,322▼ $21,507
Total Assets$764,829$1,013,322▲ $248,493
Liabilities
Other Liabilities$1,000--
Total Liabilities$1,000$0▼ $1,000
Net Assets / Fund Balance
Unrestricted Net Assets$763,829$1,013,322▲ $249,493
Total Net Assets Fund Balance$763,829$1,013,322▲ $249,493
Total Liabilities and Net Assets / Fund Balance$764,829$1,013,322▲ $248,493

Asset Categories

AssetBook ValueDepreciationBasis
Land$773,000-$773,000
Equipment-$5,027$5,027
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard MorrisonChairman
Lawrence MiddaughPast Chairma
Lawrence MiddaughPast Chairman
Kevin RourkVice-chair
Catherine MainExecutive Di
William EubanksSecretary
Robert SchlauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$449,358
Program Service Revenue
$39,562
Investment Income
$145
Other Revenue
$0
All Other Contributions
$416,358
Change in Net Assets
$248,493

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Other1$270,000
Total Noncash Contributions1$270,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,906
Salaries, Compensation, and Employee Benefits$64,666
Total Fundraising Expense$4,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$45,053$12,014$3,004$60,071
Fees for Services Other$29,860$9,954-$39,814
All Other Expenses$18,706$2,538$365$21,609
Occupancy$11,782$2,523$631$14,936
Fees for Services Accounting$6,937$2,313-$9,250
Other Expenses$8,907$3,974-$8,907
Advertising$4,630$555$139$5,324
Payroll Taxes$3,676$919-$4,595
Insurance$2,416$806-$3,222
Travel$2,497--$2,497
Office Expenses$666$177$44$887
Total Functional Expenses$200,616$35,773$4,183$240,572
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
Yes
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, Page 6, Part VI, Line 11B

The return is presented to the board for comment and review before filing the return.

Form 990, Page 6, Part VI, Line 12C

In any situation where there is potential for an actual or apparent conflict of interest, a board member has a duty to immediately disclose the situation to the board. This includes, but is not limited to, all instances where a board member or a member of his or her immediate family holds a real property interest or financial interest in a property that is a legal abutter to the subject of a proposed eclt action. The board may determine on a case-by-case basis whether an actual or apparent conflict of interest precludes the board member from participation in the action. If a simple majority of the disinterested board members present at any meeting where a quorum is present determines that an actual or apparent conflict should preclude an individual from participation in an action, the conflicted board member must abstain from discussion and voting on the issue, other than to provide objective information. In making such determination, the disinterested members of the board must exercise their normal fiduciary duty of care to the eclt. Eclt disclosure to other parties: in addition to internal eclt disclosure, the eclt must be aware that public credibility is instrumental for the organization's longevity. Thus, in all cases where a conflict of interest has been formally discussed in a board meeting, the eclt has a duty to disclose the fact and outcome of such discussion to all parties to the transaction. Eclt disclosure to board of directors: the eclt board of directors has a duty to disclose other board or committee appointments to the eclt board and executive director for purposes of capitalizing on involvement in other community-based organizations and to ensure there is no conflict of interest. If the board determines that a board member has violated this policy, the board may remove the board member from the eclt board, in accordance with the provisions of the eclt bylaws section 3.5(a) or 3.5(b).

Form 990, Page 6, Part VI, Line 15A

The board meets and reviews the executive director's performance and the salsary is determined annually after those meetings.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
East Cooper Land Trust
EIN
20-0473518
Phone
8432241849
Address
PO BOX 2495, MOUNT PLEASANT, SC 29465

Signing Officer

Name
Catherine Main
Title
Executive Director
Phone
8432241849
Signed
2016-11-09

Organization Details

Principal Officer
Richard Morrison
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
2
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

The acquisition of the disher tract was a new program service accomplish in this fiscal year.

Form 990, Page 2, Part III, Line 4D

The land trust started receiving rent for thornhill farms which is owned by the sister organization, eclt foundation. The east cooper land trust operates this farm.

Form 990, Part IX, Line 11G

Independent contractors 29,860 9,954 0

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

There is a land committee that meets regularly and monitors every property annually as described in the by-laws.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE IS A LAND COMMITTEE THAT MEETS REGULARLY AND MONITORS EVERY PROPERTY ANNUALLY AS DESCRIBED IN THE BY-LAWS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 5
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PAST CHAIRMAN
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IRS990ScheduleM/ThirdPartiesUsedInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACQUISITION OF THE DISHER TRACT WAS A NEW PROGRAM SERVICE ACCOMPLISH IN THIS FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LAND TRUST STARTED RECEIVING RENT FOR THORNHILL FARMS WHICH IS OWNED BY THE SISTER ORGANIZATION, ECLT FOUNDATION. THE EAST COOPER LAND TRUST OPERATES THIS FARM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS PRESENTED TO THE BOARD FOR COMMENT AND REVIEW BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ANY SITUATION WHERE THERE IS POTENTIAL FOR AN ACTUAL OR APPARENT CONFLICT OF INTEREST, A BOARD MEMBER HAS A DUTY TO IMMEDIATELY DISCLOSE THE SITUATION TO THE BOARD. THIS INCLUDES, BUT IS NOT LIMITED TO, ALL INSTANCES WHERE A BOARD MEMBER OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY HOLDS A REAL PROPERTY INTEREST OR FINANCIAL INTEREST IN A PROPERTY THAT IS A LEGAL ABUTTER TO THE SUBJECT OF A PROPOSED ECLT ACTION. THE BOARD MAY DETERMINE ON A CASE-BY-CASE BASIS WHETHER AN ACTUAL OR APPARENT CONFLICT OF INTEREST PRECLUDES THE BOARD MEMBER FROM PARTICIPATION IN THE ACTION. IF A SIMPLE MAJORITY OF THE DISINTERESTED BOARD MEMBERS PRESENT AT ANY MEETING WHERE A QUORUM IS PRESENT DETERMINES THAT AN ACTUAL OR APPARENT CONFLICT SHOULD PRECLUDE AN INDIVIDUAL FROM PARTICIPATION IN AN ACTION, THE CONFLICTED BOARD MEMBER MUST ABSTAIN FROM DISCUSSION AND VOTING ON THE ISSUE, OTHER THAN TO PROVIDE OBJECTIVE INFORMATION. IN MAKING SUCH DETERMINATION, THE DISINTERESTED MEMBERS OF THE BOARD MUST EXERCISE THEIR NORMAL FIDUCIARY DUTY OF CARE TO THE ECLT. ECLT DISCLOSURE TO OTHER PARTIES: IN ADDITION TO INTERNAL ECLT DISCLOSURE, THE ECLT MUST BE AWARE THAT PUBLIC CREDIBILITY IS INSTRUMENTAL FOR THE ORGANIZATION'S LONGEVITY. THUS, IN ALL CASES WHERE A CONFLICT OF INTEREST HAS BEEN FORMALLY DISCUSSED IN A BOARD MEETING, THE ECLT HAS A DUTY TO DISCLOSE THE FACT AND OUTCOME OF SUCH DISCUSSION TO ALL PARTIES TO THE TRANSACTION. ECLT DISCLOSURE TO BOARD OF DIRECTORS: THE ECLT BOARD OF DIRECTORS HAS A DUTY TO DISCLOSE OTHER BOARD OR COMMITTEE APPOINTMENTS TO THE ECLT BOARD AND EXECUTIVE DIRECTOR FOR PURPOSES OF CAPITALIZING ON INVOLVEMENT IN OTHER COMMUNITY-BASED ORGANIZATIONS AND TO ENSURE THERE IS NO CONFLICT OF INTEREST. IF THE BOARD DETERMINES THAT A BOARD MEMBER HAS VIOLATED THIS POLICY, THE BOARD MAY REMOVE THE BOARD MEMBER FROM THE ECLT BOARD, IN ACCORDANCE WITH THE PROVISIONS OF THE ECLT BYLAWS SECTION 3.5(A) OR 3.5(B).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MEETS AND REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND THE SALSARY IS DETERMINED ANNUALLY AFTER THOSE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INDEPENDENT CONTRACTORS 29,860 9,954 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOLD LAND
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 2495
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MT PLEASANT
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
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IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01000
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01013322
IRS990/TotalOtherProgSrvcExpenseAmt020902
IRS990/TotalOtherProgSrvcRevenueAmt06767
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IRS990/TotalProgramServiceRevenueAmt039562
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0489065
IRS990/TotalVolunteersCnt02
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01013322
IRS990/TravelGrp/ProgramServicesAmt02497
IRS990/TravelGrp/TotalAmt02497
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0763829
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01013322
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.EASTCOOPERLAND.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z

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