Civic Intelligence

Conservation Agreement Fund a Nj Nonprofit Corporation

EIN 26-2785233 • 501(c)3 • Lewes, DE

Profile

The mission of the Conservation Agreement Fund CAF is to ensure the long-term protection of globally significant areas by providing financial and technical support for incentive-based conservation agreements. To sustain the benefits provided by these agreements we administer a dedicated endowment established in partnership with Conservation Internationals Global Conservation Fund with generous contributions from Nia Tero AusAID and other valued supporters. Over the past decade the CAF endowment has provided consistent funding supporting several initiatives for our project in the Solomon Islands including a scholarship program ranger patrols ecolodge operations and environmental monitoring.

15118 Prudence RdLewes, DE 19958

www.conservationagreementfund.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Up

$837,710

Up $524,532 (+167%) from 2012

Liabilities

Flat

$0

Flat from 2012

Net Assets

Up

$837,710

Up $524,532 (+167%) from 2012

Revenue

$523,327

No earlier filing loaded for comparison.

Expenses

Up

$69,405

Up $22,129 (+47%) from 2012

Net Income

$453,922

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $313,178Liabilities 2012: $0Net Assets 2012: $313,1782012Assets 2024: $837,710Liabilities 2024: $0Net Assets 2024: $837,7102024

Highlighted filing

2024

Assets$837,710
Liabilities$0
Net Assets$837,710

Operations Trend

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

$600K$400K$200K$0Expenses 2012: $47,2762012Revenue 2024: $523,327Expenses 2024: $69,405Net Income 2024: $453,9222024

Highlighted filing

2024

Revenue$523,327
Expenses$69,405
Net Income$453,922

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.1
Gross Receipts
$523,327
Mission and Program Overview

Mission

The mission of the Conservation Agreement Fund CAF is to ensure the long-term protection of globally significant areas by providing financial and technical support for incentive-based conservation agreements. To sustain the benefits provided by these agreements we administer a dedicated endowment established in partnership with Conservation Internationals Global Conservation Fund with generous contributions from Nia Tero AusAID and other valued supporters. Over the past decade the CAF endowment has provided consistent funding supporting several initiatives for our project in the Solomon Islands including a scholarship program ranger patrols ecolodge operations and environmental monitoring.

The mission of the Conservation Agreement Fund CAF is to ensure the long-term protection of globally significant areas by providing financial and technical support for incentive-based conservation agreements. To sustain the benefits provided by these agreements we administer a dedicated endowment established in partnership with Conservation Internationals Global Conservation Fund with generous contributions from Nia Tero AusAID and other valued supporters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$325,051$832,365▲ $507,314
Cash and Non-Interest-Bearing Accounts$9,207$5,345▼ $3,862
Savings and Temporary Cash Investments$0$0→ $0
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
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$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$334,258$837,710▲ $503,452
Other Assets Total$0$0→ $0
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$0→ $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
Net Assets With Donor Restrictions$334,258$837,710▲ $503,452
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$334,258$837,710▲ $503,452
Total Liabilities and Net Assets / Fund Balance$334,258$837,710▲ $503,452

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$325,051$500,000▲ $67,562$0$832,365
2023$303,292$0▲ $44,518$0$325,051
2022$368,485$0▼ $61,627$0$303,292
2021$312,369$28,437▲ $46,602$0$368,485
2020$268,433$0▲ $46,618$0$312,369
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard RicePresident
Aaron BrunerVice President
Cristopher FilardiDirector and Trustee
Eduard NiestenSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$505,294
Program Service Revenue
$0
Investment Income
$18,033
Other Revenue
$0
All Other Contributions
$505,294
Change in Net Assets
$453,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,022
Other Expenses$7,383
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$0--$62,022
Fees for Service Investment Mgmnt Fees$0$7,352$0$7,352
Other Expenses$0$31$0$31
Total Functional Expenses$0$7,383$0$69,405
International Activity

International Summary

Offices
0
Employees
0
Spending
$62,022

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
East Asia and the PacificProgram ServiceInfrastructure Improvement00$27,379
-Program ServiceScholarship Program--$15,695
-Program ServiceAnnual General Meeting--$10,270
-Program ServiceRanger Patrols and Env Monitoring--$4,741
-Program ServiceWebsite Development--$3,937
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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

Part VI, Line 4

| Type of Significant change:, Description of the activity:| The organizations name., | The organizations name., |

Part VI, Section A, Line 8B

Board meeting minutes should be prepared and saved and board resolutions signed and filed.

Part VI, line 9

| Name of the person:, Address of the person:| Aaron Bruner, 1365 Hamilton Street NW, Washington, DC, 20011| Eduard Niesten, 98 Electric Avenue #1, Sommerville, MA, 02144| Cristopher Filardi, 4604 Juniper Drive, MIssoula, MT, 59802|

Part VI, Section B, Line 11B

The draft Form 990 will be provided to the organizations Secretary and Treasurer for review prior to filing.

Part VI, Section B, Line 12C

Here is our conflict-of-interest policy from our bylaws: The Trustees of Conservation Agreement Fund resolve that no member of the Board of Trustees shall participate in any discussion or vote on any matter in which he or she or a member of his or her immediate family has potential conflict of interest due to having material economic involvement regarding the matter being discussed. When such a situation presents itself the Trustee must announce his or her potential conflict disqualify him or herself and be excused from the meeting until discussion is over on the matter involved. The President of the meeting is expected to make inquiry if such conflict appears to exist and the board member has not made it known.

Part VI, Section C, Line 19

Available on request

Part VI,line 4

| Explanation:| In early 2023 the organization decided to merge activities with the Conservation Finance Alliance a program hosted by the Wildlife Conservation Society and formally changed our name to the Conservation Finance Alliance CFA on 1 28 23. Later that year we decided to part ways with CFA and on 9 19 23 changed our name back to the Conservation Agreement Fund.

Filing and Contact Details

Filer

Filer Name
Conservation Agreement Fund A Nj Nonprofit Corporation
EIN
26-2785233
In Care Of
% Richard Rice
Address
15118 Prudence Rd, Lewes, DE 19958

Signing Officer

Name
Richard Rice
Title
President
Signed
2025-04-22
Discuss with paid preparer
No

Organization Details

Principal Officer
Richard Rice
Formed
2008
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4
Supplemental Narrative

Additional Explanations

Part III, line 2

During 2024 CAF made significant new investments in the physical infrastructure of Tetepare Island including repairing the islands ecolodge dormitories and its water and power systems. We also made significant investments in ecological monitoring activities including protection and relocation of the nests of leatherback sea turtles and in funding of ranger patrols and a scholarship program for the children of the members of the Tetepare Descendants Association the islands legally recognized landowner association.

Other,line 2

| Explanation:| Schedule F Part I Line 2: Grant Monitoring Procedures for Solomon Islands Projects Grant Monitoring Procedures for Solomon Islands Projects 1.Financial Oversight: Track grant amounts timing and purpose using Excel spreadsheets. Monitor expenditures via progress reports and site visits. Verify school fee receipts and attendance records for scholarship recipients. Regular Communication: Request invoices before sending grants. Verify wire receipt. Obtain updates on grant activities construction equipment purchases scholarship recipient selection bookkeeping annual meeting preparations ranger patrols biological monitoring. 2. Site Visits: Conduct regular visits by Executive Committee members and volunteers to oversee work on Tetepare Island. Perform site visits to schools for scholarship program oversight. 3.Reporting Requirements: Require invoices progress reports and expense reports for all grants. 4.Audit Procedures: Utilize volunteer financial officer for auditing and overseeing Tetepare Island work. Conduct audits of school fees by board member in collaboration with school staff. 5.Risk Assessment and Mitigation: Monitor for potential fund misappropriation. Implement tighter oversight and reporting for high-risk activities. Address environmental and safety risks in construction work. Employ rangers for island protection and engage community to prevent poaching and squatting. 6.Corrective Actions: Withhold pay for non-performance or lack of reporting. Withdraw scholarships for non-attendance or guideline violations.

Financial Statement Notes

Part V, line 4

Our donors have requested that funds be placed in our endowment to support our charitable purpose which is the protection of priority areas for conservation. We have the flexibility to spend down the endowment on occasion if there is a special need but are otherwise expected to seek to maintain the principal of the fund.

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IRS990/Desc0Infrastructure Improvement $27,379 - In 2024 our largest program activity focused on restoring the physical infrastructure of Tetepare Island which is crucial for the ongoing conservation efforts and sustainable ecotourism. Key accomplishments included: 1. Renovation of the islands ecolodge and field station which serve as the hub for conservation activities and ecotourism. 2. Installation of septic tanks and showers in the mens and womens baths. 3. Extensive renovation of dormitories including: o Replacement of building support posts o Installation of water tanks and solar panels o Upgrading of electric wiring and security features o Exterior painting and structural improvements These improvements were essential to ensure a safe hygienic and welcoming environment for TDA staff visitors and ecotourists supporting the long-term sustainability of the conservation project.
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IRS990/MissionDesc0The mission of the Conservation Agreement Fund CAF is to ensure the long-term protection of globally significant areas by providing financial and technical support for incentive-based conservation agreements. To sustain the benefits provided by these agreements we administer a dedicated endowment established in partnership with Conservation Internationals Global Conservation Fund with generous contributions from Nia Tero AusAID and other valued supporters. Over the past decade the CAF endowment has provided consistent funding supporting several initiatives for our project in the Solomon Islands including a scholarship program ranger patrols ecolodge operations and environmental monitoring.
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IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Conservation Agreement Fund annual report filing with state of New Jersey
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt031
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Richard Rice
IRS990/PriorPeriodAdjustmentsAmt00
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IRS990/ProgSrvcAccomActy2Grp/Desc0TDA Scholarship Program $15,965 -- Our second largest program activity this year was paying school fees for the children of the members of the Tetepare Descendants Association TDA. Since 2008 the Conservation Agreement Fund has provided hundreds of scholarships to the children of TDA members. The scholarship program is one of the most important elements of our support for Tetepare because of its effectiveness in building community commitment to the islands conservation. This year we granted scholarships to 82 children 44 boys and 37 girls at a cost of SBD $1,500 each equivalent to approximately $175. In addition over the Christmas holiday we sponsored visits by a TDA board member to primary and secondary schools on nearby islands. These schools have benefited from our annual scholarship program. The purpose of these visits was twofold: to gather feedback on the scholarship initiative from students and staff and to share information about our conservation efforts. This outreach aimed to strengthen the connection between our educational support and environmental preservation goals in the region.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0TDA Annual General Meeting $10,270 -- Our third largest program activity this year was to provide funding for the TDA annual general meeting AGM. This was the first AGM since the Covid epidemic closed the Solomon Islands to outside travel in 2020. Our funding for the meeting covered the costs of hiring boats for travel from surrounding islands international air fare for one TDA board member living in Fiji and food and lodging for all attendees. Funding for annual meetings is a key element of our support for Tetepare. Since TDA members are widely dispersed on surrounding islands annual meetings are often the only opportunity for face-to-face interaction and for fostering unity and understanding among the associations members.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Ranger Patrols and Environmental Monitoring $4,741 -- The Tetepare rangers monitoring and patrolling work is crucial to our conservation efforts. These activities not only directly impact the islands preservation but also greatly strengthen local community support of the project. This years grants provided funding for regular ranger patrols monitoring protected seagrass meadows a census of the local populations of endangered coconut crab and protection and relocation of the nests of endangered leatherback sea turtles.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1TDA Website Development $3,937 -- This year we also provided funding to revise the TDA website to make it mobile friendly.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt00
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt10
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt10
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Name of the Contributor:, Date of Grant:, Year:, Amount:, Description:| Donor, 04 18 2024, "2024", $500000, Endowment funding to support conservation of Tetepare Island Solomon Islands|
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II - Line 1, Unusual Grant Lists
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt012583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt045767
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06233
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049342
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt012583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06747
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt045767
IRS990ScheduleA/TotalSupportAmt095109
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Our donors have requested that funds be placed in our endowment to support our charitable purpose which is the protection of priority areas for conservation. We have the flexibility to spend down the endowment on occasion if there is a special need but are otherwise expected to seek to maintain the principal of the fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, line 4
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt44741
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Infrastructure Improvement
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Website Development
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2Scholarship Program
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3Annual General Meeting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4Ranger Patrols and Env Monitoring
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Service
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt115695

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