Civic Intelligence

African Elephant Conservation Trust

990 • Fiscal year 2017 • EIN 23-6610636

Jan 01, 2017 to Dec 31, 2017 • Filed on May 11, 2018

c/o Betsy Swart 10 State StreetNewburyport, MA 01950

(508) 783-8308

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$84,844

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 43.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

66th percentile

9.1%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-12%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,444,272

Up $371,900 (+9.1%) from 2016

Net Assets

Up

$4,444,272

Up $371,900 (+9.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$193,631

Down $26,734 (-12%) from 2016

Expenses

Down

$149,574

Down $1,688 (-1.1%) from 2016

Net Income

Down

$44,057

Down $25,046 (-36%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,849,705Liabilities 2010: $0Net Assets 2010: $1,849,7052010Assets 2011: $2,645,967Liabilities 2011: $0Net Assets 2011: $2,645,9672011Assets 2012: $2,867,620Liabilities 2012: $0Net Assets 2012: $2,867,6202012Assets 2015: $3,947,923Liabilities 2015: $1,500Net Assets 2015: $3,946,4232015Assets 2016: $4,072,372Liabilities 2016: $0Net Assets 2016: $4,072,3722016Assets 2017: $4,444,272Liabilities 2017: $0Net Assets 2017: $4,444,2722017Assets 2018: $4,482,869Liabilities 2018: $200,000Net Assets 2018: $4,282,8692018Assets 2019: $4,810,480Liabilities 2019: $200,000Net Assets 2019: $4,610,4802019Assets 2020: $6,098,889Liabilities 2020: $200,000Net Assets 2020: $5,898,8892020Assets 2021: $7,868,881Liabilities 2021: $200,000Net Assets 2021: $7,668,8812021Assets 2022: $7,377,632Liabilities 2022: $200,000Net Assets 2022: $7,177,6322022Assets 2023: $6,246,408Liabilities 2023: $200,000Net Assets 2023: $6,046,4082023Assets 2024: $6,840,199Liabilities 2024: $200,000Net Assets 2024: $6,640,1992024

Highlighted filing

2017

Assets$4,444,272
Liabilities$0
Net Assets$4,444,272

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $90,5152010Expenses 2011: $109,1062011Expenses 2012: $166,8982012Revenue 2015: $478,348Expenses 2015: $151,431Net Income 2015: $326,9172015Revenue 2016: $220,365Expenses 2016: $151,262Net Income 2016: $69,1032016Revenue 2017: $193,631Expenses 2017: $149,574Net Income 2017: $44,0572017Revenue 2018: $471,293Expenses 2018: $411,988Net Income 2018: $59,3052018Revenue 2019: $217,982Expenses 2019: $424,031Net Income 2019: -$206,0492019Revenue 2020: $470,980Expenses 2020: $346,339Net Income 2020: $124,6412020Revenue 2021: $1,201,903Expenses 2021: $539,540Net Income 2021: $662,3632021Revenue 2022: $319,963Expenses 2022: $510,399Net Income 2022: -$190,4362022Revenue 2023: $371,261Expenses 2023: $571,263Net Income 2023: -$200,0022023Revenue 2024: $761,612Expenses 2024: $200,054Net Income 2024: $561,5582024

Highlighted filing

2017

Revenue$193,631
Expenses$149,574
Net Income$44,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 11, 2018
Return Version
2017v2.2
Gross Receipts
$200,214
Mission and Program Overview

Mission

Research and Preservation of African Elephants

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,941,930$4,396,788▲ $454,858
Cash and Non-Interest-Bearing Accounts$130,442$47,484▼ $82,958
Total Assets$4,072,372$4,444,272▲ $371,900
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,072,372$4,444,272▲ $371,900
Total Net Assets Fund Balance$4,072,372$4,444,272▲ $371,900
Total Liabilities and Net Assets / Fund Balance$4,072,372$4,444,272▲ $371,900

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$4,396,788--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,072,372$67,000▲ $461,057$6,583$4,444,272
2016$3,827,509$61,480▲ $352,893$18,178$4,072,372
2015$3,665,695$50,000▲ $271,995$8,697$3,827,509
2014$3,336,216$60,000▲ $404,323$2,041$3,665,695
2013$2,717,478$195,233▲ $575,388$5,300$3,336,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Cynthia MossKey EmployeeFT$84,844$84,844
Betsy SwartExec DirectorFT$79,335$79,335

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$67,000
Program Service Revenue
$0
Investment Income
$139,030
Other Revenue
$-12,399
All Other Contributions
$67,000
Change in Net Assets
$44,057

Audited Revenue Reconciliation

Revenue per Audited Statements
$193,631
Revenue Not Reported on Form 990
$327,843
Total Revenue per Audited Statements
$521,474
Total Revenue per Form 990
$193,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,374
Grants and Similar Amounts Paid$200
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$30,725$0$0$30,725
Grants to Domestic Orgs$200--$200
All Other Expenses$147$0$0$147
Office Expenses$0$45$0$45
Depreciation Depletion$15$0$0$15
Total Functional Expenses$149,529$45$0$149,574

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$149,574
Total Expenses per Audited Statements$149,574
Total Expenses per Form 990$149,574
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
African Elephant Conservation Trust
EIN
23-6610636
Phone
5087838308
Address
c/o Betsy Swart 10 State Street, Newburyport, MA 01950

Signing Officer

Name
Elizabeth Swart
Title
Executive Director
Phone
5087838308
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Swart
Formed
1999
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
11
Employees
3
Volunteers
10

Preparer

Firm
Jeffrey C Kirpas and Co Pc
Address
21 PLEASANT ST STE 248, NEWBURYPORT, MA 01950-2623
Preparer
Jeffrey C Kirpas
Phone
9784627250
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Executive Director reviews the return and then presents it to the Board for Approval

Pt VI, Line 15A

The Board of Trustees reviews and approves the Executive Director's salary and the Executive Director presents the other employees salaries to the Board and they approve

Pt VI, Line 15B

The Board of Trustees reviews and approves the Executive Director's salary and the Executive Director presents the other employees salaries to the Board and they approve

Form 990, Part IX, Line 24E

K-1 Line 13 J 147. 147. 0. 0.

Financial Statement Notes

Pt XI, Line 2D

contributions not yet transferred to Poetic License

Pt XII, Line 2D

other expenses

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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0193631
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt03872
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03872
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0201321920
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Amboseli Trust for Elephants
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0149374
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04072372
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt067000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04444272
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0200
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0461057
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt06583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0151262
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03827509
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt061480
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04072372
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt070
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0352893
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt018178
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0151431
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03665695
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03827509
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt053
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0271995
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt08697
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0132741
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03336216
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03665695
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt062
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0404323
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02041
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0146533
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02717478
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0195233
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03336216
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt050
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0575388
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt05300
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0149574
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04396788
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Poetic License Hedge Fund
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0327843
IRS990ScheduleD/RevenueNotReportedAmt0327843
IRS990ScheduleD/RevenueSubtotalAmt0193631
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0contributions not yet transferred to Poetic License
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1other expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueProgramRltdAmt04396788
IRS990ScheduleD/TotalExpensesPerForm990Amt0149574
IRS990ScheduleD/TotalRevenuePerForm990Amt0193631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0521474
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0149574
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director reviews the return and then presents it to the Board for Approval
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Trustees reviews and approves the Executive Director's salary and the Executive Director presents the other employees salaries to the Board and they approve
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Trustees reviews and approves the Executive Director's salary and the Executive Director presents the other employees salaries to the Board and they approve
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3K-1 Line 13 J 147. 147. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0yes
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Amboseli Trust fot Elephants
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201321920
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH AND PRESERVATION OF AFICAN ELEPHANTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0active
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt010 State Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Newburyport
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001950
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$0.20$6.64$0.76$0.20$0.56
2023Detailed filing. Detailed filing data is available for this year.$6.25$0.20$6.05$0.37$0.57$0.20
2022Detailed filing. Detailed filing data is available for this year.$7.38$0.20$7.18$0.32$0.51$0.19
2021Detailed filing. Detailed filing data is available for this year.$7.87$0.20$7.67$1.20$0.54$0.66
2020Detailed filing. Detailed filing data is available for this year.$6.10$0.20$5.90$0.47$0.35$0.12
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.20$4.61$0.22$0.42$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.48$0.20$4.28$0.47$0.41$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.44$0.19$0.15$0.04
2016Detailed filing. Detailed filing data is available for this year.$4.07$0.00$4.07$0.22$0.15$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$0.48$0.15$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.00$2.87$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.00$2.65$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.09