Civic Intelligence

Belle Isle Conservancy

990 • Fiscal year 2017 • EIN 23-7348118

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 01, 2018

300 River Place Drive Suite 2800Detroit, MI 48207-5200

(313) 331-7760

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.20x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

85th percentile

$161,665

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

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

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

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

Revenue Growth

90th percentile

69%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Up

$2,435,702

Up $338,571 (+16%) from 2016

Net Assets

Down

$2,028,761

Down $38,860 (-1.9%) from 2016

Liabilities

Up

$406,941

Up $377,431 (+1279%) from 2016

Revenue

Up

$2,026,144

Up $830,656 (+69%) from 2016

Expenses

Up

$2,053,966

Up $576,031 (+39%) from 2016

Net Income

Up

-$27,822

Up $254,625 (+90%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $937,771Liabilities 2013: $34,905Net Assets 2013: $902,8662013Assets 2014: $1,480,668Liabilities 2014: $62,678Net Assets 2014: $1,417,9902014Assets 2015: $2,391,704Liabilities 2015: $41,636Net Assets 2015: $2,350,0682015Assets 2016: $2,097,131Liabilities 2016: $29,510Net Assets 2016: $2,067,6212016Assets 2017: $2,435,702Liabilities 2017: $406,941Net Assets 2017: $2,028,7612017Assets 2018: $4,681,026Liabilities 2018: $252,555Net Assets 2018: $4,428,4712018Assets 2019: $5,537,481Liabilities 2019: $215,483Net Assets 2019: $5,321,9982019Assets 2020: $4,140,311Liabilities 2020: $616,476Net Assets 2020: $3,523,8352020Assets 2021: $3,309,789Liabilities 2021: $239,614Net Assets 2021: $3,070,1752021Assets 2022: $3,474,122Liabilities 2022: $303,318Net Assets 2022: $3,170,8042022Assets 2023: $4,307,955Liabilities 2023: $440,330Net Assets 2023: $3,867,6252023Assets 2024: $4,406,525Liabilities 2024: $219,779Net Assets 2024: $4,186,7462024

Highlighted filing

2017

Assets$2,435,702
Liabilities$406,941
Net Assets$2,028,761

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $640,1092013Revenue 2014: $1,542,876Expenses 2014: $1,027,752Net Income 2014: $515,1242014Revenue 2015: $1,902,955Expenses 2015: $1,291,017Net Income 2015: $611,9382015Revenue 2016: $1,195,488Expenses 2016: $1,477,935Net Income 2016: -$282,4472016Revenue 2017: $2,026,144Expenses 2017: $2,053,966Net Income 2017: -$27,8222017Revenue 2018: $5,751,377Expenses 2018: $3,351,667Net Income 2018: $2,399,7102018Revenue 2019: $3,581,021Expenses 2019: $2,687,494Net Income 2019: $893,5272019Revenue 2020: $2,134,992Expenses 2020: $3,933,155Net Income 2020: -$1,798,1632020Revenue 2021: $2,539,581Expenses 2021: $2,993,241Net Income 2021: -$453,6602021Revenue 2022: $4,661,988Expenses 2022: $4,561,359Net Income 2022: $100,6292022Revenue 2023: $2,998,151Expenses 2023: $2,301,330Net Income 2023: $696,8212023Revenue 2024: $2,233,067Expenses 2024: $1,913,946Net Income 2024: $319,1212024

Highlighted filing

2017

Revenue$2,026,144
Expenses$2,053,966
Net Income-$27,822
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 1, 2018
Return Version
2017v2.3
Gross Receipts
$2,368,023
Mission and Program Overview

Mission

The mission of belle isle conservancy is to protect, preserve, restore and enhance the natural environment, historic structures and unique character of belle isle as a public park for the enjoyment of all - now and forever.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,981,382$1,761,356▼ $220,026
Pledges and Grants Receivable$72,610$600,588▲ $527,978
Prepaid Expenses and Deferred Charges$7,641$57,319▲ $49,678
Inventories for Sale or Use$10,987$9,939▼ $1,048
Land, Buildings, and Equipment, Net$13,473$6,500▼ $6,973
Total Assets$2,086,093$2,435,702▲ $349,609
Liabilities
Accounts Payable and Accrued Expenses$25,989$225,539▲ $199,550
Deferred Revenue-$159,992-
Other Liabilities$3,521$21,410▲ $17,889
Total Liabilities$29,510$406,941▲ $377,431
Net Assets / Fund Balance
Unrestricted Net Assets$1,861,008$1,435,884▼ $425,124
Temporarily Rstr Net Assets$195,575$592,877▲ $397,302
Total Net Assets Fund Balance$2,056,583$2,028,761▼ $27,822
Total Liabilities and Net Assets / Fund Balance$2,086,093$2,435,702▲ $349,609

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,500$30,380$36,880
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michele HodgesPresidentFT$146,969$14,696$161,665

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,474,306
Program Service Revenue
$0
Investment Income
$2,258
Other Revenue
$549,580
All Other Contributions
$947,375
Change in Net Assets
$-27,822

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,026,144
Total Revenue per Audited Statements
$2,026,144
Total Revenue per Form 990
$2,026,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,211,589
Salaries, Compensation, and Employee Benefits$842,377
Total Fundraising Expense$249,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$576,949$90,811$174,617$842,377
Fees for Services Other$139,192$50,574$9,676$199,442
Office Expenses$30,977$2,989$37,479$71,445
Conferences and Meetings$26,049$1,590$8,675$36,314
Occupancy$7,842$1,234$2,374$11,450
Interest$305$9,481$1,365$11,151
Other Expenses$6,000$973$2,635$6,973
All Other Expenses$1,159$4,941$444$6,544
Insurance-$6,491-$6,491
Total Functional Expenses$1,629,751$174,724$249,491$2,053,966

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,053,966
Total Expenses per Audited Statements$2,053,966
Total Expenses per Form 990$2,053,966
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$879,872
Fundraising Direct Expenses$338,754
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Grand Prixmiere$629,883$429,883-$429,883
Garden Party$229,027$229,027$338,754$-109,727
Total Events$1,079,872$879,872$338,754$541,118
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$21,410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegated management duties to apparatus solutions who provide accounting and financial management services to belle isle conservancy.

Form 990, Page 6, Part VI, Line 7A

The organization sells memberships. Members receive e-newsletters and printed newsletters as well as invitations to special member events and fundraising events.

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the board of directors for review before it is signed and filed.

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

The organization requires board members to sign conflict of interest forms annually.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Belle Isle Conservancy
EIN
23-7348118
Phone
3133317760
Address
300 RIVER PLACE DRIVE SUITE 2800, DETROIT, MI 48207-5200

Signing Officer

Name
Michele Hodges
Title
President
Phone
3133317760
Signed
2018-10-01

Organization Details

Principal Officer
Michele Hodges
Formed
1973
Voting Board Members
21
Independent Board Members
20
Employees
16
Volunteers
2,252

Preparer

Firm
Alan C Young & Associates Pc
Address
7310 WOODWARD AVE STE 740, DETROIT, MI 48202
Preparer
Anil Sakhuja
Phone
3138737500
Supplemental Narrative

Additional Explanations

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

In the james scott memorial fountain. The tiles were ripped out of the fountain by an erroneous contractor; and the conservancy holds an annual fundraiser party to generate dollars to replace the historic tiles and beautify the historic fountain. The conservancy has also supported the city's effort to renew the national register for historic places designation for belle isle, through documentation, research and public meetings. The belle isle conservancy has acted as a fiduciary for the city of detroit for state historic preservation office grants to restore the nancy brown peace carillon tower which is in disrepair, and to assess the feasibility of reconnecting the belle isle aquarium and anna scripps whitcomb conservatory, as it was originally designed by albert kahn in the early 1900s. Conservancy volunteers constantly monitor the condition of belle isle structures, streetlights, footpath bridges over the canals and other structures and report problems to belle isle conservancy, the city of detroit and the state of michigan department of natural resources.

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

Historic preservation grant to repair the aquarium roof by providing match funding and by paying for the required flood insurance to secure the grant. The belle isle aquarium is run mostly by volunteer effort - a leadership team of 10 core volunteers regularly contribute about 20 hours of volunteer time per week throughout the year. Another 20 volunteers contribute time on a less regular basis and support tours, events, and general aquarium operations. The conservatory also has a crew of dedicated volunteers that docent tours, help maintain the plant collections, and organize event fundraisers for the conservatory. The state of michigan manages the conservatory, but leans on the conservancy volunteers to run the field trip program, lead tours, support scheduling, and supplement the plant collections with additional flowers and plants.

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

Come to the island via corporate volunteer days where the island gets a group of 50+ oeople to dedicate a full day of manual labor to improve the island's aesthetics and natural environment. Over 40,000 daffodils have been planted throughout the park through a volunteer effort and with support from the michigan department of natural resources. Volunteers conduct a frog and toad survey as a way of monitoring the environmental health of the park's ecosystema nd support national efforts to survey and monitor migratory birds. Lastly, the belle isle conservancy's field trip program for fourth graders to visit the aquarium and conservatory educates students about the environment and ecosystems, plant and fish adaptations, and invasive species with the intent of exposing and exciting kids about environmental science and the environmental science and the environmental issues affecting belle isle, the detroit river, and the detroit region.

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

Other program services: are those services that improve belle isle park for the enjoyment of all, but are not specifically covered under historic preservation, aquarium and conservatory, or environmental stewardship( i.e. Regular repairs and maintenance, consulting services, etc.)

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IRS990/Desc0HISTORIC PRESERVATION:PRESERVING THE BUILDINGS, FOUNTAINS,STATUES.HISTORIC LANDSCAPE AND OTHER HISTORIC AMENITIES OF BELLE ISLE PARK; INCLUDES PLANNING,RESEARCH AND IMPLEMENTING CAPITAL IMPROVEMENTS. THE BELLE ISLE CONSERVANCY RAISES PRIVATE SUPPORT FOR HISTORIC PRESERVATION ACTIVITIES, WORKING IN CONJUNCTION WITH THE CITY OF DETROIT AND THE MICHIGAN DEPARTMENT OF NATURAL RESOURCES. IN 2012, THE BELLE ISLE CONSERVANCY RAISED FUNDS FOR A COMPLETE RESTORATION OF THE ROOF OF THE HORSE STABLES, A LARGE COMPLEX DESIGNED BY ARCHITECT GEORGE MASON IN THE 1920'S. THE CLAY TILE ROOF WAS COMPLETELY REPAIRED AND WHERE NECESSARY, REBUILT, ENSURING THE PRESERVATION OF THE BUILDING, WHICH IS LOCATED IN A PROMINENT AREA OF THE PARK. ANOTHER MAJOR PROJECT HAS BEEN RAISING FUNDS TO REPLACE THE PEWABIC TILES IN THE JAMES SCOTT MEMORIAL FOUNTAIN. THE TILES WERE RIPPED OUT OF THE FOUNTAIN BY AN ERRONEOUS CONTRACTOR; AND THE CONSERVANCY HOLDS AN ANNUAL FUNDRAISER PARTY TO GENERATE DOLLARS TO REPLACE THE HISTORIC TILES AND BEAUTIFY THE HISTORIC FOUNTAIN. THE CONSERVANCY HAS ALSO SUPPORTED THE CITY'S EFFORT TO RENEW THE NATIONAL REGISTER FOR HISTORIC PLACES DESIGNATION FOR BELLE ISLE, THROUGH DOCUMENTATION, RESEARCH AND PUBLIC MEETINGS. THE BELLE ISLE CONSERVANCY HAS ACTED AS A FIDUCIARY FOR THE CITY OF DETROIT FOR STATE HISTORIC PRESERVATION OFFICE GRANTS TO RESTORE THE NANCY BROWN PEACE CARILLON TOWER WHICH IS IN DISREPAIR, AND TO ASSESS THE FEASIBILITY OF RECONNECTING THE BELLE ISLE AQUARIUM AND ANNA SCRIPPS WHITCOMB CONSERVATORY, AS IT WAS ORIGINALLY DESIGNED BY ALBERT KAHN IN THE EARLY 1900S. CONSERVANCY VOLUNTEERS CONSTANTLY MONITOR THE CONDITION OF BELLE ISLE STRUCTURES, STREETLIGHTS, FOOTPATH BRIDGES OVER THE CANALS AND OTHER STRUCTURES AND REPORT PROBLEMS TO BELLE ISLE CONSERVANCY, THE CITY OF DETROIT AND THE STATE OF MICHIGAN DEPARTMENT OF NATURAL RESOURCES.
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IRS990/MissionDesc0THE MISSION OF BELLE ISLE CONSERVANCY IS TO PROTECT, PRESERVE, RESTORE AND ENHANCE THE NATURAL ENVIRONMENT, HISTORIC STRUCTURES AND UNIQUE CHARACTER OF BELLE ISLE AS A PUBLIC PARK FOR THE ENJOYMENT OF ALL - NOW AND FOREVER.
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IRS990/ProgSrvcAccomActy2Grp/Desc0BELLE ISLE AQUARIUM AND ANNA SCRIPPS WHITCOMB CONSERVATORY: THE BELLE ISLE AQUARIUM AND ANNA WHITCOMB CONSERVATORY OPENED IN 1904 AND REMAINS ONE OF DETROIT'S CULTURAL JEWELS. THE BELLE ISLE AQUARIUM DELIGHTED VISITORS FOR OVER A CENTURY BEFORE THE CITY CLOSED IT IN 2005 DUE TO BUDGET REDUCTIONS. IN 2012, THE BELLE ISLE CONSERVANCY NEGOTIATED A MEMORANDUM OF UNDERSTANDING WITH THE CITY OF DETROIT TO ASSUME RESPONSIBILITY FOR OPENING THE AQUARIUM. THE CONSERVANCY CONTINUES TO OPERATE UNDER THAT AGREEMENT WITH THE STATE OF MICHIGAN NOW MANAGING THE PARK INSTEAD OF THE CITY. IN 2012 THE AQUARIUM OPENED WITH ABOUT A DOZEN TANK EXHIBITS AND WAS OPEN FROM 11 TO 3 PM ON SATURDAY AND SUNDAY.THE AQUARIUM IS NOW OPEN TO VISITORS EVERY FRIDAY TO SUNDAY. THE CONSERVANCY ALSO SUPPORTED A STATE HISTORIC PRESERVATION GRANT TO REPAIR THE AQUARIUM ROOF BY PROVIDING MATCH FUNDING AND BY PAYING FOR THE REQUIRED FLOOD INSURANCE TO SECURE THE GRANT. THE BELLE ISLE AQUARIUM IS RUN MOSTLY BY VOLUNTEER EFFORT - A LEADERSHIP TEAM OF 10 CORE VOLUNTEERS REGULARLY CONTRIBUTE ABOUT 20 HOURS OF VOLUNTEER TIME PER WEEK THROUGHOUT THE YEAR. ANOTHER 20 VOLUNTEERS CONTRIBUTE TIME ON A LESS REGULAR BASIS AND SUPPORT TOURS, EVENTS, AND GENERAL AQUARIUM OPERATIONS. THE CONSERVATORY ALSO HAS A CREW OF DEDICATED VOLUNTEERS THAT DOCENT TOURS, HELP MAINTAIN THE PLANT COLLECTIONS, AND ORGANIZE EVENT FUNDRAISERS FOR THE CONSERVATORY. THE STATE OF MICHIGAN MANAGES THE CONSERVATORY, BUT LEANS ON THE CONSERVANCY VOLUNTEERS TO RUN THE FIELD TRIP PROGRAM, LEAD TOURS, SUPPORT SCHEDULING, AND SUPPLEMENT THE PLANT COLLECTIONS WITH ADDITIONAL FLOWERS AND PLANTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ENVIRONMENTAL STEWARDSHIP: BELLE ISLE'S 982 ACRES INCLUDE A LARGE WETLAND FOREST, A SYSTEM OF CANALS AND INTERIOR LAKES IN THIS PARK THAT IS ITSELF AN ISLAND, AND TREES AND OTHER PLANTINGS THROUGHOUT THE HEAVILY USED PICNIC AND PLAYGROUND AREAS. INVASIVE SPECIES THREATEN THE MORE FRAGILE NATIVE PLANTS AND ARE HELD IN CHECK THROUGH A COMBINATION OF VOLUNTEER LABOR AND CHEMICAL TREATMENTS THAT ARE A JOINT PROJECT OF THE CONSERVANCY AND THE MICHIGAN DEPARTMENTAL OF NATURAL RESOURCES. MORE THAN 2,500 VOLUNTEERS SPEND WELL OVER 10,000 HOURS EACH YEAR THROUGH MONTHLY STEWARDSHIP SATURDAYS, RESEARCH PROJECTS AND SPECIFIC PROJECTS TO MAINTAIN THE FOREST TRAINS AND FOOTBRIDGES OVER THE CANALS. A LOT OF THESE VOLUNTEERS COME TO THE ISLAND VIA CORPORATE VOLUNTEER DAYS WHERE THE ISLAND GETS A GROUP OF 50+ OEOPLE TO DEDICATE A FULL DAY OF MANUAL LABOR TO IMPROVE THE ISLAND'S AESTHETICS AND NATURAL ENVIRONMENT. OVER 40,000 DAFFODILS HAVE BEEN PLANTED THROUGHOUT THE PARK THROUGH A VOLUNTEER EFFORT AND WITH SUPPORT FROM THE MICHIGAN DEPARTMENT OF NATURAL RESOURCES. VOLUNTEERS CONDUCT A FROG AND TOAD SURVEY AS A WAY OF MONITORING THE ENVIRONMENTAL HEALTH OF THE PARK'S ECOSYSTEMA ND SUPPORT NATIONAL EFFORTS TO SURVEY AND MONITOR MIGRATORY BIRDS. LASTLY, THE BELLE ISLE CONSERVANCY'S FIELD TRIP PROGRAM FOR FOURTH GRADERS TO VISIT THE AQUARIUM AND CONSERVATORY EDUCATES STUDENTS ABOUT THE ENVIRONMENT AND ECOSYSTEMS, PLANT AND FISH ADAPTATIONS, AND INVASIVE SPECIES WITH THE INTENT OF EXPOSING AND EXCITING KIDS ABOUT ENVIRONMENTAL SCIENCE AND THE ENVIRONMENTAL SCIENCE AND THE ENVIRONMENTAL ISSUES AFFECTING BELLE ISLE, THE DETROIT RIVER, AND THE DETROIT REGION.
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