Antelope Valley Conservancy

“The director, wendal reed is married to the chief financial officer, wendy reed.”

“Yr end fin reports are provided to the directors before aug meeting. Board discusses questions before authorizing tax preparation.”

“Confidentiality & conflict of interest policies discussed often at board meetings to understand the contrainsts & potential impacts. Directors sign on in agreement w/ policy.”

“The is no compensation for directors nor officers, except secretary stipend $500. Compensation for key contracted emp, rate discussed with employment service for industry rate.”

“Avc governing documents, financial statements, & tax returns are posted for public review on the st of calif & sec of state web portal, as well as various charity eval websites.”

“The org financial records w transaction details are recorded in a cloud accounting service,& all financial stmts are stored to a separate cloud storage, both of which are accessible to all directors, officers & the administrator.”

“Land assets of 122087 are vacant land purchased to expand preserves, but not funded for in-perpetuity preserve. Until funded lands can be resold.”

“Program services administration $2400; web & cloud services $1004; property taxes on preserve lands $549; public outreach $463; and supplies, postage & printing $345; total other program expense $4761”

“Represents $99104 of land parcels acquired during the fiscal yr and booked on the balance sheet as assets.”

“Parcels were newly acquired, resulting in the change of asset.”

“Organization filed 990 by mail to irs prior to filing deadline, could not file electronically, & will request first time abatement (fta) waiver if penalties are assessed.”