Civic Intelligence

Stamford Land Conservation Trust Inc.

990 • Fiscal year 2015 • EIN 23-7169603

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 25, 2016

22 First StreetStamford, CT 06905-0247

(203) 322-1522

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

4th percentile

0.00x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

98th percentile

87%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

48th percentile

0.8%

Faster asset growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

379%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$18,324,347

Up $141,651 (+0.8%) from 2014

Net Assets

Up

$18,324,347

Up $141,651 (+0.8%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$168,442

Up $133,271 (+379%) from 2014

Expenses

Down

$21,784

Down $3,896 (-15%) from 2014

Net Income

Up

$146,658

Up $137,167 (+1445%) from 2014

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $18,091,099Liabilities 2011: $0Net Assets 2011: $18,091,0992011Assets 2012: $18,130,165Liabilities 2012: $0Net Assets 2012: $18,130,1652012Assets 2013: $18,163,916Liabilities 2013: $0Net Assets 2013: $18,163,9162013Assets 2014: $18,182,696Liabilities 2014: $0Net Assets 2014: $18,182,6962014Assets 2015: $18,324,347Liabilities 2015: $0Net Assets 2015: $18,324,3472015Assets 2020: $35,596,253Liabilities 2020: $0Net Assets 2020: $35,596,2532020Assets 2021: $36,601,066Liabilities 2021: $0Net Assets 2021: $36,601,0662021Assets 2022: $53,283,956Liabilities 2022: $0Net Assets 2022: $53,283,9562022Assets 2023: $54,130,926Liabilities 2023: $0Net Assets 2023: $54,130,9262023Assets 2024: $60,852,099Liabilities 2024: $0Net Assets 2024: $60,852,0992024

Highlighted filing

2015

Assets$18,324,347
Liabilities$0
Net Assets$18,324,347

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $20,1282011Expenses 2012: $33,8812012Revenue 2013: $61,856Expenses 2013: $28,436Net Income 2013: $33,4202013Revenue 2014: $35,171Expenses 2014: $25,680Net Income 2014: $9,4912014Revenue 2015: $168,442Expenses 2015: $21,784Net Income 2015: $146,6582015Revenue 2020: $36,883Expenses 2020: $15,953Net Income 2020: $20,9302020Revenue 2021: $974,576Expenses 2021: $25,122Net Income 2021: $949,4542021Revenue 2022: $227,288Expenses 2022: $21,413Net Income 2022: $205,8752022Revenue 2023: $452,719Expenses 2023: $66,213Net Income 2023: $386,5062023Revenue 2024: $3,295,277Expenses 2024: $3,145,504Net Income 2024: $149,7732024

Highlighted filing

2015

Revenue$168,442
Expenses$21,784
Net Income$146,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 25, 2016
Return Version
2015v2.1
Gross Receipts
$168,442
Mission and Program Overview

Mission

To obtain lands through donation or purchase and to protect and preserve them. While preserving we are improving the sustainable of wildlife, water tables and overall quality of our natural habitat.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,866,811$18,008,462▲ $141,651
Land, Buildings, and Equipment, Net$17,811,037$17,931,037▲ $120,000
Pd in Cap Srpls Land Bldg Eqp Fund$315,885$315,885→ $0
Investments in Publicly Traded Securities$248,348$241,900▼ $6,448
Savings and Temporary Cash Investments$107,801$107,823▲ $22
Cash and Non-Interest-Bearing Accounts$15,510$43,587▲ $28,077
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$18,182,696$18,324,347▲ $141,651
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,182,696$18,324,347▲ $141,651
Total Liabilities and Net Assets / Fund Balance$18,182,696$18,324,347▲ $141,651

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$17,931,037-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$107,801$0▲ $22$0$107,823
2014$104,919$0▲ $2,882$0$107,801
2013$105,121$0▼ $202$0$104,919
2012$100,571$0▲ $4,550$0$105,121
2011$100,300$0▲ $271$0$100,571
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard ChiaramontePresident
Harry DayVice President
Heather BernatchezVice President
Percy LangstaffVice President
Annie TaylorBoard Member
Adam BirnbaumDirector
David StuckeyDirector
Erin McKennaDirector
Jan GoldflussDirector
Judith LiebeskindDirector
Katinka De RuiterDirector
Marina De LucaDirector
Sophie KofflerDirector
Steve DanzerDirector
Tara GravelDirector
Ted O'HanlanSecretary
Richard KraskaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,442
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$168,442
Change in Net Assets
$146,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,538
Salaries, Compensation, and Employee Benefits$246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$3,373$0$0$3,373
Office Expenses$0$1,880$0$1,880
Travel$1,685$0$0$1,685
Insurance$1,471$0$0$1,471
Fees for Service Investment Mgmnt Fees$0$1,420$0$1,420
Other Expenses$0$800$0$800
Other Salaries and Wages$0$246$0$246
Information Technology$0$90$0$90
Total Functional Expenses$16,353$5,431$0$21,784
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

As Treasurer I will walk Board through the tax return and highlight any areas of concern.

Form 990, Part VI, Section B, Line 12C

We have reviews during board meetings to discuss compliance. We will be putting an annual letter of integrity into place that all board members must sign to agree on compliance.

Form 990, Part VI, Section C, Line 19

these are available upon request. We plan on putting these on our website in 2016

Filing and Contact Details

Filer

Filer Name
Stamford Land Conservation Trust Inc
EIN
23-7169603
Phone
2033221522
Address
22 First Street, Stamford, CT 06905-0247

Signing Officer

Name
Richard Kraska
Title
treasurer
Phone
2033221522
Signed
2016-04-25

Organization Details

Principal Officer
Richard Kraska
Formed
1982
Legal Domicile
Ct
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
40
Supplemental Narrative

Financial Statement Notes

Schedule D, Part II, Line 5

We have a stewardship program for all of our properties where once a year an on site inspection is done to look for all relevant information. Includes improper use of property and conditions.

Schedule D, Part II, Line 9

There is little to no expenses related to the easements as the inspection is 100% volunteer with little to no stewardship costs.

Schedule D, Part V, Line 4

The intent of the endowment is for stewardship and preservation of our largest piece of land

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/IndependentVotingMemberCnt017
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IRS990/MissionDesc0To promote the sustainability of open space to preserve both wildlife and overall ecosystem. To seek and accept land through donations or purchase to hold as open space in perpetuity. Organization stewards these lands and promotes keeping it in its natural habitat.
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2800
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
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IRS990/PrincipalOfficerNm0Richard Kraska
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Education and news letters were distributed to members and the public to raise awareness of the value of open space.

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