Civic Intelligence

The Leatherback Trust Inc.

EIN 22-3741033 • 501(c)3 • Fort Wayne, IN

Pub. 78 Eligible

Profile

To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.

5736 Kinlock PlaceFort Wayne, IN 46835

www.leatherback.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

35%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

71%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,162,949

Up $1,084,246 (+35%) from 2023

Liabilities

Down

$2,938

Down $28,514 (-91%) from 2023

Net Assets

Up

$4,160,011

Up $1,112,760 (+37%) from 2023

Revenue

Up

$1,573,985

Up $651,848 (+71%) from 2023

Expenses

Down

$464,996

Down $82,719 (-15%) from 2023

Net Income

Up

$1,108,989

Up $734,567 (+196%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,267,705Liabilities 2011: $9,974Net Assets 2011: $2,257,7312011Assets 2012: $1,995,046Liabilities 2012: $15,508Net Assets 2012: $1,979,5382012Assets 2013: $2,741,252Liabilities 2013: $2,500Net Assets 2013: $2,738,7522013Assets 2014: $2,861,337Liabilities 2014: $51,510Net Assets 2014: $2,809,8272014Assets 2015: $2,972,454Liabilities 2015: $109,660Net Assets 2015: $2,862,7942015Assets 2016: $2,922,927Liabilities 2016: $89,032Net Assets 2016: $2,833,8952016Assets 2017: $2,597,573Liabilities 2017: $5,180Net Assets 2017: $2,592,3932017Assets 2018: $2,501,318Liabilities 2018: $4,331Net Assets 2018: $2,496,9872018Assets 2019: $2,429,954Liabilities 2019: $2,882Net Assets 2019: $2,427,0722019Assets 2020: $2,351,116Liabilities 2020: $3,714Net Assets 2020: $2,347,4022020Assets 2021: $2,438,501Liabilities 2021: $3,622Net Assets 2021: $2,434,8792021Assets 2022: $2,652,073Liabilities 2022: $18,476Net Assets 2022: $2,633,5972022Assets 2023: $3,078,703Liabilities 2023: $31,452Net Assets 2023: $3,047,2512023Assets 2024: $4,162,949Liabilities 2024: $2,938Net Assets 2024: $4,160,0112024

Highlighted filing

2024

Assets$4,162,949
Liabilities$2,938
Net Assets$4,160,011

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $436,481Expenses 2011: $609,672Net Income 2011: -$173,1912011Revenue 2012: $161,675Expenses 2012: $439,868Net Income 2012: -$278,1932012Revenue 2013: $1,242,422Expenses 2013: $483,208Net Income 2013: $759,2142013Revenue 2014: $744,918Expenses 2014: $673,843Net Income 2014: $71,0752014Revenue 2015: $793,004Expenses 2015: $740,037Net Income 2015: $52,9672015Revenue 2016: $882,013Expenses 2016: $910,912Net Income 2016: -$28,8992016Revenue 2017: $448,258Expenses 2017: $689,760Net Income 2017: -$241,5022017Revenue 2018: $363,531Expenses 2018: $458,937Net Income 2018: -$95,4062018Revenue 2019: $418,532Expenses 2019: $488,447Net Income 2019: -$69,9152019Revenue 2020: $248,322Expenses 2020: $327,992Net Income 2020: -$79,6702020Revenue 2021: $349,914Expenses 2021: $262,437Net Income 2021: $87,4772021Revenue 2022: $596,173Expenses 2022: $407,992Net Income 2022: $188,1812022Revenue 2023: $922,137Expenses 2023: $547,715Net Income 2023: $374,4222023Revenue 2024: $1,573,985Expenses 2024: $464,996Net Income 2024: $1,108,9892024

Highlighted filing

2024

Revenue$1,573,985
Expenses$464,996
Net Income$1,108,989

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.00$4.16$1.57$0.46$1.11
2023Detailed filing. Detailed filing data is available for this year.$3.08$0.03$3.05$0.92$0.55$0.37
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.02$2.63$0.60$0.41$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.43$0.35$0.26$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.25$0.33$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.42$0.49$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.36$0.46$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.60$0.01$2.59$0.45$0.69$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.09$2.83$0.88$0.91$0.03
2015Summary only. Only limited summary data is available for this year.$2.97$0.11$2.86$0.79$0.74$0.05
2014Summary only. Only limited summary data is available for this year.$2.86$0.05$2.81$0.74$0.67$0.07
2013Summary only. Only limited summary data is available for this year.$2.74$0.00$2.74$1.24$0.48$0.76
2012Summary only. Only limited summary data is available for this year.$2.00$0.02$1.98$0.16$0.44$0.28
2011Summary only. Only limited summary data is available for this year.$2.27$0.01$2.26$0.44$0.61$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$1,573,985
Mission and Program Overview

Mission

To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.

To save the Leatherback turtles and other sea turtles from extinction through a variety of means.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,337,965$2,321,570▼ $16,395
Investments in Publicly Traded Securities$657,310$1,730,497▲ $1,073,187
Cash and Non-Interest-Bearing Accounts$76,250$106,522▲ $30,272
Savings and Temporary Cash Investments$7,178$4,360▼ $2,818
Total Assets$3,078,703$4,162,949▲ $1,084,246
Liabilities
Accounts Payable and Accrued Expenses$31,452$2,938▼ $28,514
Total Liabilities$31,452$2,938▼ $28,514
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,327,767$2,395,462▲ $1,067,695
Net Assets Without Donor Restrictions$1,719,484$1,764,549▲ $45,065
Total Net Assets Fund Balance$3,047,251$4,160,011▲ $1,112,760
Total Liabilities and Net Assets / Fund Balance$3,078,703$4,162,949▲ $1,084,246

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,131,135-$2,131,135
Buildings$173,485$201,515$375,000
Other Land Buildings$16,950$73,350$90,300
Equipment$0$8,523$8,523

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$526,391$1,000,000▲ $67,695-$1,594,086
2023$0$500,000▲ $26,391-$526,391
Compensation and Service Providers

Board Members and Trustees

NameTitle
James R SpotilaChairman of the Board
Frank V PaladinoPresident
Eduardo Carillo JimenezBoard Member
John SpotilaBoard Member
Katherine L MansfieldBoard Member
Robert RaymarBoard Member
Shaya HonarvarBoard Member
Victor Montalvo GuadamuzBoard Member
Vince SabaBoard Member
Margaret KruesiSecretary
Thomas ElzeyTreasurer
Harold AveryVP, Freshwater Turtles
Revenue and Support

Revenue Composition

Contributions and Grants
$1,478,305
Program Service Revenue
$0
Investment Income
$77,439
Other Revenue
$18,241
All Other Contributions
$1,478,305
Change in Net Assets
$1,108,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$401,281
Grants and Similar Amounts Paid$63,715
Total Fundraising Expense$1,841
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$120,733$0$0$120,733
Travel$85,848$23,899$0$109,747
Grants to Domestic Individuals$62,300--$62,300
Occupancy$23,851$2,762$0$26,613
All Other Expenses$12,784$11,758$0$24,542
Fees for Services Other$17,761$0$0$17,761
Fees for Services Accounting$0$17,075$0$17,075
Depreciation Depletion$16,395$0$0$16,395
Insurance$8,140$2,035$0$10,175
Fees for Services Legal$8,685$0$0$8,685
Advertising$0$2,047$0$2,047
Office Expenses$0$1,436$0$1,436
Foreign Grants$1,415--$1,415
Total Functional Expenses$402,143$61,012$1,841$464,996
International Activity

International Summary

Offices
2
Employees
6
Spending
$310,776

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaProgram ServicesSee Part III, Line 4A & 4B26$310,776
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Leatherback Trust Inc
EIN
22-3741033
Phone
2604816304
Address
5736 KINLOCK PLACE, FORT WAYNE, IN 46835

Signing Officer

Name
Frank Paladino
Title
President
Phone
2604816304
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Paladino
Formed
2000
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
500

Preparer

Firm
Stringari and Stringari CPA Pc
Address
4464 GENOA AVENUE, VINELAND, NJ 08361
Preparer
Brian Stringari
Phone
8566913673
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

James R. Spotila and John Spotila (Board Members) have a family relationship. Margaret Kruesi and James Spotila (Board Members) are married.

Pt VI, Line 11B

All voting members of the Governing Board receive a copy of Form 990 before it is filed. The 990 is then reviewed by the President, the Treasurer, and Audit Committee and the administrative assistant.

Pt VI, Line 19

The Organization makes its governing documents and financial statements available to the public upon request during regular business hours.

Pt VI, Line 12C

The Organization annually requests information from officers, directors, and key employees concerning interests that could give rise to financial conflicts.

Other

Other: The Leatherback Trust IRS Form 990 Statement - Part III, Line 1: The Leatherback Trust (TLT) is a 501(c)3 not-for-profit corporation with offices in Fort Wayne, IN and San Jose, Costa Rica as well as field stations at Playa Grande and Playa Cabuyal, Costa Rica. Its mission is to protect the endangered leatherback turtle, other endangered sea turtles, and freshwater turtles from extinction through a variety of creative means. TLT was instrumental in the establishment and consolidation of Parque Marino Nacional Las Baulas (Las Baulas National Park) on Playa Grande, Playa Ventanas and Playa Langosta, on the Pacific coast of Costa Rica. The Park protects the most important nesting beaches for the leatherback turtle in Central America. TLT participates in the acquisition of properties that are within the Park, in defending the integrity of the Park, and in stopping development and other activities that threaten the integrity of the Park and the survival of the leatherback turtle. TLT has developed a close working relationship with the Park Administration and the Natural Areas System (SINAC) of the Ministry of the Environment and Energy (MINAE), in order to protect the turtles and their nests from illegal activities and to enforce Park Regulations. Protection in the national park has improved considerably in the last few years. TLT also works with these other Costa Rican government agencies: Tempisque Conservation Area (ACT), Costa Rica Tourism Board (ICT), Servicio Nacional de Aguas Subterraneas, Riego y Avenamiento (SENARA), and Asociacion del Acueducto de Agua (ASADA). TLT also worked with the following Costa Rican NGOs: Instituto de Monteverde, Centro Cientifico Tropical de Puntarenas, Kuemar, Instituto de Oceanologia. Protecting the endangered leatherback in complicated and time-consuming. It involves carefully patrolling the most critical 3 miles of beach during the nesting season, which lasts from approximately October 15 through March 15. It involves measuring and tagging every nesting turtle, counting every egg laid, and removing to a guarded hatchery eggs from nests that are below the high-water line on the beach. It involves guarding every hatchling from predators, on their way into the Pacific Ocean. It involves measuring the temperature of nests during the 55-65 days it takes the eggs to hatch and making every effort to protect the nests from predators. It involves educating the Guanacaste community about the value of the turtles, their nests, and the life cycle of the East Pacific leatherback turtle, which has existed for over 100 million years. TLT has worked with the citizens of Guanacaste to align their economic interests with the preservation of Las Baulas National Park and the leatherback turtle. Although the number of nesting leatherbacks on Playa Grande has declined precipitously, it remains a primary or index beach for eastern Pacific leatherbacks. Four females nested there in 2024-2025, with an additional two leatherbacks nesting on the nearby secondary beach, Nombre de Jesus. Secondary nesting beaches, including our project further north on Playa Cabuyal, where we have collected data for 14 consecutive years, may be increasing in importance for leatherback nesting. The beach monitoring of The Leatherback Trust and the formation of the national park at Playa Grande during the 1990s stopped the poaching of leatherback eggs there. Over the next 20-25 years, tens of thousands of leatherback hatchlings returned successfully to the ocean, and we are now seeing young leatherback females return to these nesting beaches. Of the four females who nested in 2024-2025, three were new turtles, one was a re-migrant. Our data from temperature monitoring of the beach spans more than 30 years, and we have published scientific papers on the effects of global warming on sea turtle nesting. The past season had the lowest temperatures on record which favored production of males. The past season also brought extreme beach er

Financial Statement Notes

Pt II, Line 5

The Organization has a policy to periodically monitor its conservation easements.

Pt II, Line 9

No income or expenses resulted from conservation easements during 2024. No income was obtained from the conservation easement and no cost to maintain it was incurred beyond volunteer hours of Board members.

Pt XII, Line 4B

Management of the Organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the Organizations status as a not-for-profit entity. Management believes the Organization met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax, therefore no provision for income taxes has been provided in these financial statements. The Organizations income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.

Pt V, Line 4

The Jean F. Schulz Endowment will be used for conservation, research, and education.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP, FRESHWATER TURTLES
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
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IRS990/FormationYr02000
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03047251
IRS990/NetAssetsOrFundBalancesEOYAmt04160011
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IRS990/NetUnrlzdGainsLossesInvstAmt03771
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IRS990/OccupancyGrp/ManagementAndGeneralAmt02762
IRS990/OccupancyGrp/ProgramServicesAmt023851
IRS990/OccupancyGrp/TotalAmt026613
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01436
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IRS990/OfficeExpensesGrp/TotalAmt01436
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Boat Rental
IRS990/OtherExpensesGrp/Desc1Supplies & Materials
IRS990/OtherExpensesGrp/Desc2Satellite Time
IRS990/OtherExpensesGrp/Desc3Compensation & Taxes (Costa Rica)
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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherExpensesGrp/ProgramServicesAmt128004
IRS990/OtherExpensesGrp/ProgramServicesAmt21727
IRS990/OtherExpensesGrp/ProgramServicesAmt3120733
IRS990/OtherExpensesGrp/TotalAmt014500
IRS990/OtherExpensesGrp/TotalAmt129845
IRS990/OtherExpensesGrp/TotalAmt21727
IRS990/OtherExpensesGrp/TotalAmt3120733
IRS990/OtherRevenueMiscGrp/BusinessCd0453000
IRS990/OtherRevenueMiscGrp/Desc0Coffee Sales
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018241
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt018241
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FRANK PALADINO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Research and Education: Research data collected on the population biology and migration of approximately 500 sea turtles. Outreach to approximately 1,000 local and regional Costa Ricans regarding sea turtle biology and environmental science.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0393458
IRS990/ProgSrvcAccomActy2Grp/GrantAmt063715
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt04360
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Part II, Line 1 - Unusual Grants - 2023 - $500,000 and $106,885 - 2024 - $1,000,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Other Income Part II, Line 10 Description: Other Income 2020: 1224. 2021: 975. 2022: 5160. 2023: 10950. 2024: 18241.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other Addl Info
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt II Ln 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0303502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0550598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0308913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0218200
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05735
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094983
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010950
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0975
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01224
IRS990ScheduleA/OtherIncome170Grp/TotalAmt036550
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0218200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01859518
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01594086
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt067695
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08523
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/Section170hRqrStsfdInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has a policy to periodically monitor its conservation easements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1No income or expenses resulted from conservation easements during 2024. No income was obtained from the conservation easement and no cost to maintain it was incurred beyond volunteer hours of Board members.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Management of the Organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the Organizations status as a not-for-profit entity. Management believes the Organization met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax, therefore no provision for income taxes has been provided in these financial statements. The Organizations income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3The Jean F. Schulz Endowment will be used for conservation, research, and education.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt II, Line 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt II, Line 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt V, Line 4
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt02321570
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt06

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