Civic Intelligence

Texas Agricultural Land Trust

990 • Fiscal year 2013 • EIN 26-0161807

Apr 01, 2012 to Mar 31, 2013 • Filed on Nov 15, 2013

PO Box 615278209
Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

61st percentile

5.7%

Faster asset growth than 61% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$2,063,049

Up $215,509 (+12%) from 2011

Net Assets

Up

$2,062,067

Up $214,527 (+12%) from 2011

Liabilities

Up

$982

Up $982 from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$491,205

Up $12,655 (+2.6%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,847,540Liabilities 2011: $0Net Assets 2011: $1,847,5402011Assets 2013: $2,063,049Liabilities 2013: $982Net Assets 2013: $2,062,0672013Assets 2014: $2,042,878Liabilities 2014: $15,132Net Assets 2014: $2,027,7462014Assets 2015: $2,083,817Liabilities 2015: $48,010Net Assets 2015: $2,035,8072015Assets 2016: $2,795,539Liabilities 2016: $39,356Net Assets 2016: $2,756,1832016Assets 2017: $2,682,961Liabilities 2017: $33,064Net Assets 2017: $2,649,8972017Assets 2018: $2,769,207Liabilities 2018: $27,982Net Assets 2018: $2,741,2252018Assets 2019: $2,330,462Liabilities 2019: $50,001Net Assets 2019: $2,280,4612019Assets 2020: $3,247,231Liabilities 2020: $44,292Net Assets 2020: $3,202,9392020Assets 2021: $3,506,793Liabilities 2021: $36,280Net Assets 2021: $3,470,5132021Assets 2022: $3,761,041Liabilities 2022: $66,925Net Assets 2022: $3,694,1162022Assets 2023: $3,316,626Liabilities 2023: $125,306Net Assets 2023: $3,191,3202023Assets 2024: $3,678,229Liabilities 2024: $151,653Net Assets 2024: $3,526,5762024Assets 2025: $8,007,074Liabilities 2025: $112,160Net Assets 2025: $7,894,9142025

Highlighted filing

2013

Assets$2,063,049
Liabilities$982
Net Assets$2,062,067

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $478,5502011Expenses 2013: $491,2052013Revenue 2014: $599,517Expenses 2014: $633,838Net Income 2014: -$34,3212014Revenue 2015: $839,414Expenses 2015: $831,353Net Income 2015: $8,0612015Revenue 2016: $1,474,923Expenses 2016: $754,547Net Income 2016: $720,3762016Revenue 2017: $4,316,655Expenses 2017: $3,846,531Net Income 2017: $470,1242017Revenue 2018: $1,318,497Expenses 2018: $1,073,134Net Income 2018: $245,3632018Revenue 2019: $2,185,793Expenses 2019: $1,625,686Net Income 2019: $560,1072019Revenue 2020: $11,114,561Expenses 2020: $10,069,277Net Income 2020: $1,045,2842020Revenue 2021: $13,811,493Expenses 2021: $13,800,652Net Income 2021: $10,8412021Revenue 2022: $13,132,879Expenses 2022: $12,894,006Net Income 2022: $238,8732022Revenue 2023: $27,620,831Expenses 2023: $27,640,661Net Income 2023: -$19,8302023Revenue 2024: $12,068,042Expenses 2024: $11,894,981Net Income 2024: $173,0612024Revenue 2025: $27,757,205Expenses 2025: $23,433,657Net Income 2025: $4,323,5482025

Highlighted filing

2013

Revenue-
Expenses$491,205
Net Income-
Jump To
Filing Snapshot
Filing Period
Apr 1, 2012 to Mar 31, 2013
Signed
Nov 15, 2013
Return Version
2012v2.1
Gross Receipts
$724,550
Mission and Program Overview

Mission

The mission of the Texas Agricultural Land Trust (TALT) is to conserve the Texas heritage of agricultural lands, natural resources and wildlife habitats. TALT works to sustain the long-term stewardship of private lands for the benefit of all Texans. TALT accomplishes its mission through the use of voluntary conservation measures and through education and outreach efforts. TALT partners with private landowners to negotiate and transact conservation easements that protect important conservation values, in accordance with IRC Section 170(h). These privately stewarded lands provide public benefits such as productive agricultural lands, scenic views, drinking water protection, natural wildlife habitat and open space. Additionally, with a state that holds 94% privately owned lands, TALT works to educate the public on the many public benefits provided by the stewardship of private lands, and to educate Texas landowners about the use of conservation easements. Since 2007, TALT has helped lando

Major Activities

Activity 2
Texas agricultural land trust (talt) works to communicate the need to protect agricultural lands and open space and the benefits, such as drinking water and wildlife habitat, that these lands provide to all texans.
Activity 3
N/A
Filing and Contact Details

Filer

EIN
26-0161807
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IRS990ScheduleD/DonatedSrvcAndUseOfFacilities08843
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs00
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs00
IRS990ScheduleD/Equipment/BookValue08022
IRS990ScheduleD/Equipment/Depreciation05288
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis013310
IRS990ScheduleD/ExpensesIncurredForEnforcement07338
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0491205
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0SCHEDULE D,PART II LINE 3: DURING THE TAX YEAR THE ENTITY MODIFIED A CONSERVATION EASEMENT IN ORDER TO CORRECT A SCRIVENER'S ERROR RELATED TO THE DESCRIPTION OF THE PROPERTY BOUND BY THE CONSERVATION EASEMENT. NO OTHER CHANGE TO THE CONSERVATION EASEMENT TERMS WAS MADE. THE BOARD EVALUATED THE MODIFICATION AND DETERMINED THAT NO ADVERSE IMPACT TO THE CONSERVATION VALUES WOULD BE CAUSED BY THE MODIFICATION, AND THAT THE CONSERVATION OF ADDITIONAL PROPERTY WOULD RESULT IN THE MODIFICATION. THE BOARD FURTHER DETERMINED THAT NO PRIVATE BENEFIT WOULD BE CONFERRED BY THE MODIFICATION. SCHEDULE D, PART II LINE 5. THE ORGANIZATION HAS WRITTEN POLICIES AND PROCEDURES REGARDING THE REGULAR, ANNUAL MONITORING AND INSPECTION OF ALL CONSERVATION EASEMENTS, AND THE ENFORCEMENT OF CONSERVATION EASEMENT TERMS. THE ANNUAL MONITORING AND INSPECTION OF CONSERVATION EASEMENTS AS WELL AS THE ENFORCEMENT OF ITS TERMS ARE PROVIDED FOR IN ITS CONSERVATION EASEMENT DOCUMENTS. COSTS FOR ANNUAL MONITORING AND ENFORCEMENT ARE SECURED FOR EVERY CONSERVATION EASEMENT THROUGH A STEWARDSHIP ENDOWMENT CONTRIBUTION HELD BY TALT. TALT IS AN ACCREDITED LAND TRUST, RECOGNIZED BY THE LAND TRUST ALLIANCE. SCHEDULE D, PART II LINE 9: THE ORGANIZATION ACCOUNTS FOR ITS CONSERVATION EASEMENTS BY VALUING THE EASEMENTS IN THE FINANCIAL STATEMENTS AT A VALUE OF $1 PER EASEMENT. THE ORGANIZATION HAS SELECTED THIS TREATMENT BECAUSE THE CONSERVATION EASEMENTS IT HOLDS HAVE NO MARKET VALUE. THE PROPERTY INTEREST HELD BY TALT PROVIDES NO AFFIRMATIVE RIGHTS BEYOND THE OBLIGATION TO MONITOR AND ENFORCE THE TERMS OF THE EASEMENT. IN AN EFFORT TO PROVIDE AN ACCURATE AND TRANSPARENT REPORTING OF THE VALUE TO THE PUBLIC OF THE CONSERVATION EASEMENTS HELD BY TALT, THE ORGANIZATION REPORTS THAT IT HELD CONSERVATION EASEMENTS VALUED AT $31,370,000 ON PROPERTY WITH A PRE-EASEMENT APPRAISED MARKET VALUE OF $99,263,000 ON 144,850 ACRES OF LAND IN TEXAS AS OF MARCH 31, 2013. SCHEDULE D, PART V, LINE 4: PURPOSE: THE STEWARDSHIP AND ENFORCEMENT FUND WAS CREATED TO PROVIDE A LONG-TERM, ONGOING SOURCE OF INCOME TO COVER THE ANNUAL COSTS ASSOCIATED WITH MONITORING AND MANAGING TALT'S PORTFOLIO OF CONSERVATION EASEMENTS, AND TO BE AVAILABLE TO COVER EXTRAORDINARY EXPENSES ASSOCIATED WITH MANAGING, UPHOLDING OR DEFENDING AN EASEMENT SHOULD ITS TERMS OR VALIDITY BE AT RISK. CLASSIFICATION: TEMPORARILY RESTRICTED. SOURCE OF FUNDS: CONTRIBUTIONS TO THE STEWARDSHIP AND ENFORCEMENT FUND COME PRIMARILY FROM TALT'S EASEMENT DONORS, BUT MAY BE DERIVED FROM OTHER SOURCES AS DEEMED ACCEPTABLE BY THE BOARD. USE OF PRINCIPAL AND INCOME: INCOME AND INCREASE IN VALUE FROM THE INVESTMENT OF ASSETS IN THE FUND WILL BE TREATED AS A PART OF THE STEWARDSHIP AND ENFORCEMENT FUND. AS DETERMINED BY THE FINANCE COMMITTEE. UP TO 5 PERCENT OF THE VALUE OF THE STEWARDSHIP AND ENFORCEMENT FUND CAN BE SPENT ANNUALLY TO MEET ONGOING STEWARDSHIP NEEDS AND OBLIGATIONS. SPECIFIC ALLOCATIONS WILL BE MADE EACH YEAR THROUGH THE ANNUAL BUDGETING PROCESS. THE PERCENT SPENDING LIMIT AUTHORIZATION, AS DETERMINED BY THE FINANCE COMMITTEE, SETS THE MAXIMUM AMOUNT WHICH CAN BE BUDGETED TO BE SPENT EACH YEAR. GOAL OF FUND MANAGEMENT: STEWARDSHIP AND ENFORCEMENT FUNDS WILL BE INVESTED ON A LONG-TERM HORIZON, WITH NO MORE THAN 60 PERCENT EQUITY. THE FUNDS MAY BE INVESTED IN THE FOLLOWING: - SAVINGS AND CHECKING ACCOUNTS AT COMMERCIAL BANKS AND/OR SAVINGS AND LOAN ASSOCIATIONS. - CERTIFICATES OF DEPOSIT AT COMMERCIAL BANKS AND/OR SAVINGS AND LOAN ASSOCIATIONS WITH A DEBT RATING OF "A" OR HIGHER. - SHORT-TERM MONEY MARKET FUNDS. - NOTES AND BONDS OF THE U.S. GOVERNMENT OR GOVERNMENT AGENCIES OR INSTRUMENTS BACKED BY THE FULL FAITH AND CREDIT OF THE U.S. GOVERNMENT OR BY THE CREDIT OF THE AGENCY OR ENTITY ISSUING THE OBLIGATIONS. - STOCKS/EQUITY FUNDS. - ALL FUNDS HELD IN COMMERCIAL BANKS CANNOT EXCEED FDIC INSURED LIMITS. ENDOWMENT FUND BALANCES IN PRIOR YEARS: TEXAS AGRICULTURAL LAND TRUST HAS ACCUMULATED STEWARDSHIP ENDOWMENT FUNDS SINCE 20
IRS990ScheduleD/NmbrEasementsModified01
IRS990ScheduleD/NmbrHistStructEasements00
IRS990ScheduleD/NmbrHistStructEasementsAfter00
IRS990ScheduleD/NmbrStatesInWhichEasementsHeld01
IRS990ScheduleD/PreservationOfOpenSpace0X
IRS990ScheduleD/ProtectionOfNaturalHabitat0X
IRS990ScheduleD/RevenueNotRptdF99008843
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0724550
IRS990ScheduleD/Sect170hRequirementsSatisfied01
IRS990ScheduleD/StaffHoursSpentOnEnforcement0120.00
IRS990ScheduleD/TermEndowmentEOYBalance01.00000
IRS990ScheduleD/TotalAcreage0144850.00
IRS990ScheduleD/TotalExpensesPerForm9900491205
IRS990ScheduleD/TotalNumberOfEasements010
IRS990ScheduleD/TotalOfBookValueLandBuildings08022
IRS990ScheduleD/TotalRevenuePerForm9900724550
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0491205
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0733393
IRS990ScheduleD/WrittenPolicyMonitoring01
IRS990/ScheduleJRequired00
IRS990ScheduleM/AnyPropertyThatMustBeHeld00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.01$0.11$7.89$27.8$23.4$4.32
2024Detailed filing. Detailed filing data is available for this year.$3.68$0.15$3.53$12.1$11.9$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.32$0.13$3.19$27.6$27.6$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.76$0.07$3.69$13.1$12.9$0.24
2021Detailed filing. Detailed filing data is available for this year.$3.51$0.04$3.47$13.8$13.8$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.25$0.04$3.20$11.1$10.1$1.05
2019Detailed filing. Detailed filing data is available for this year.$2.33$0.05$2.28$2.19$1.63$0.56
2018Detailed filing. Detailed filing data is available for this year.$2.77$0.03$2.74$1.32$1.07$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.68$0.03$2.65$4.32$3.85$0.47
2016Detailed filing. Detailed filing data is available for this year.$2.80$0.04$2.76$1.47$0.75$0.72
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.05$2.04$0.84$0.83$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.02$2.03$0.60$0.63$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.48