Civic Intelligence

Banning Ranch Conservancy

990 • Fiscal year 2021 • EIN 26-2803100

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 26, 2022

PO Box 15333Newport Beach, CA 92659-5333

(714) 719-2148

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

1st percentile

-1861%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

1st percentile

-97%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

22%

Faster revenue growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$180,703

Down $6,773,418 (-97%) from 2020

Net Assets

Down

$180,641

Down $6,753,442 (-97%) from 2020

Liabilities

Down

$62

Down $19,976 (-100%) from 2020

Revenue

Up

$352,883

Up $64,123 (+22%) from 2020

Expenses

Up

$6,919,023

Up $6,752,665 (+4059%) from 2020

Net Income

Down

-$6,566,140

Down $6,688,542 (-5464%) from 2020

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$0-$2.0MAssets 2016: $17,483Liabilities 2016: $130,900Net Assets 2016: -$113,4172016Assets 2017: $211,380Liabilities 2017: $130,900Net Assets 2017: $80,4802017Assets 2019: $6,878,880Liabilities 2019: $73,755Net Assets 2019: $6,805,1252019Assets 2020: $6,954,121Liabilities 2020: $20,038Net Assets 2020: $6,934,0832020Assets 2021: $180,703Liabilities 2021: $62Net Assets 2021: $180,6412021Assets 2022: $145,884Liabilities 2022: $0Net Assets 2022: $145,8842022Assets 2024: $1,276,152Liabilities 2024: $20Net Assets 2024: $1,276,1322024

Highlighted filing

2021

Assets$180,703
Liabilities$62
Net Assets$180,641

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2016: $55,337Expenses 2016: $55,835Net Income 2016: -$4982016Revenue 2017: $222,701Expenses 2017: $28,804Net Income 2017: $193,8972017Revenue 2019: $6,868,309Expenses 2019: $129,794Net Income 2019: $6,738,5152019Revenue 2020: $288,760Expenses 2020: $166,358Net Income 2020: $122,4022020Revenue 2021: $352,883Expenses 2021: $6,919,023Net Income 2021: -$6,566,1402021Revenue 2022: $105,327Expenses 2022: $140,095Net Income 2022: -$34,7682022Revenue 2024: $905,720Expenses 2024: $814,409Net Income 2024: $91,3112024

Highlighted filing

2021

Revenue$352,883
Expenses$6,919,023
Net Income-$6,566,140
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 26, 2022
Return Version
2021v4.2
Gross Receipts
$8,109,643
Mission and Program Overview

Mission

Preservation of banning ranch as open space

Preservation of banning ranch as open space.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,699,917--
Cash and Non-Interest-Bearing Accounts$81,812$179,084▲ $97,272
Savings and Temporary Cash Investments$171,183$0▼ $171,183
Loans From Officers Directors$20,000$0▼ $20,000
Total Assets$6,954,121$180,703▼ $6,773,418
Other Assets Total$1,209$1,619▲ $410
Liabilities
Accounts Payable and Accrued Expenses$38$62▲ $24
Total Liabilities$20,038$62▼ $19,976
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,934,083$180,641▼ $6,753,442
Total Net Assets Fund Balance$6,934,083$180,641▼ $6,753,442
Total Liabilities and Net Assets / Fund Balance$6,954,121$180,703▼ $6,773,418
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terry WelshPresident
Suzanne ForsterVice President
CYNTHIA D'AGOSTABoard Member
Diane SilversBoard Member
Paul WaggonerBoard Member
Rick HuffmanBoard Member
Kay HoweBoard Member Thru 2/2021
Mary BossyBoard Member Thru 5/2021
Steve RayExecutive Director Thru 5/2021
Debby KokenSecretary
Carol LindTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$101,213
Program Service Revenue
$0
Investment Income
$250,519
Other Revenue
$1,151
All Other Contributions
$98,703
Change in Net Assets
$-6,566,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,830,660
Other Expenses$88,363
Total Fundraising Expense$11,771
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,830,660--$6,830,660
Fees for Service Investment Mgmnt Fees-$25,564-$25,564
Fees for Services Management$19,486$1,148$2,146$22,780
Occupancy$6,596$6,596$6,596$19,788
Fees for Services Accounting-$6,500-$6,500
Office Expenses$1,444$1,444$1,444$4,332
Fees for Services Legal-$2,046-$2,046
Information Technology$658$657$658$1,973
Insurance-$1,901-$1,901
Fees for Services Other-$1,550-$1,550
Advertising$321-$321$642
Other Expenses$606$75$606$75
Total Functional Expenses$6,859,771$47,481$11,771$6,919,023
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Trust for Public LandsSan Francisco, CA501(c)(3)Funding for Acquisition Price of the Banning Ranch Property.$6,830,610
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$20,000$0▼ $20,000
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

Form 990, Part VI, Section A, Line 4

Did the organization make any significant changes to its organizational documents since the prior form 990 was filed? Article iv, section 4 and article v, section 3 were updated with revised language regarding the removals of directors and officers.

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

Describe the process used to review form 990. The board of directors reviews and approves financial statements before submission to outside cpa for preparation of tax returns. The board administration reviews tax returns and compares with financial statements.

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

Describe how the organization monitors and enforces compliance with its conflict of interest policy. The banning ranch conservancy has a conflict of interest policy and code of ethics and board members, including officers and the executive director, regularly sign and date an acknowledgement form stating that they have read, understand and will comply with all guidelines, provisions, covenants and requirements of the conflict of interest policy and code of ethics ("code") of banning ranch conservancy as adopted by its board of directors in 2021. These documeents can be made available upon request.

Form 990, Part VI, Section B, Line 15

The executive director, as in all previous years, waived his compensation.

Form 990, Part VI, Section C, Line 19

Describe how the organization makes its governing documents, conflict of interest policy, and financial statements available to the public. All of the major incorporation forms and other fundamental documents for the banning ranch conservancy are available upon request.

Filing and Contact Details

Filer

Filer Name
Banning Ranch Conservancy
EIN
26-2803100
Phone
7147192148
Address
PO BOX 15333, NEWPORT BEACH, CA 92659-5333

Signing Officer

Name
Carol Lind
Title
Treasurer
Phone
7147192148
Signed
2022-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Welsh
Formed
2009
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
100

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801-0087
Preparer
Donita M Joseph
Phone
5624351191
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRY WELSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt097464
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt050
IRS990/PYInvestmentIncomeAmt0191196
IRS990/PYOtherExpensesAmt0155356
IRS990/PYOtherRevenueAmt0100
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0122402
IRS990/PYSalariesCompEmpBnftPaidAmt010952
IRS990/PYTotalExpensesAmt0166358
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0288760
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6566140
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0171183
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DESCRIPTION: CASH DATE: 12/23/19 AMOUNT: 6830610.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION RECEIVED A $50 MILLION PLEDGE DURING 2019. THE PLEDGE IS CLASSIFIED AS AN UNUSUAL GRANT. $6,830,610 OF THE GRANT WAS RECEIVED DURING 2019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCHEDULE A, LIST OF UNUSUAL GRANTS RECEIVED:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0101213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt097464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0145267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0221577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0610589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0173565
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0191196
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0364761
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01151
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01251
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55570
IRS990ScheduleA/PublicSupportPY170Pct00.43560
IRS990ScheduleA/PublicSupportTotal170Amt0543910
IRS990ScheduleA/SubstantialContributorsTotAmt066679
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0101213
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097464
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045068
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0145267
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0221577
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0610589
IRS990ScheduleA/TotalSupportAmt0978732
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt01007
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt01124
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt02131
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06830610
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING FOR ACQUISITION PRICE OF THE BANNING RANCH PROPERTY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE TRUST FOR PUBLIC LANDS
IRS990ScheduleI/RecipientTable/RecipientEIN0237222333
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0101 MONTGOMERY ST SUITE 900
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BANNING RANCH CONSERVANCY MAINTAINS DETAILED RECORDS FOR ALL GRANTS AWARDED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DID THE ORGANIZATION MAKE ANY SIGNIFICANT CHANGES TO ITS ORGANIZATIONAL DOCUMENTS SINCE THE PRIOR FORM 990 WAS FILED? ARTICLE IV, SECTION 4 AND ARTICLE V, SECTION 3 WERE UPDATED WITH REVISED LANGUAGE REGARDING THE REMOVALS OF DIRECTORS AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIBE THE PROCESS USED TO REVIEW FORM 990. THE BOARD OF DIRECTORS REVIEWS AND APPROVES FINANCIAL STATEMENTS BEFORE SUBMISSION TO OUTSIDE CPA FOR PREPARATION OF TAX RETURNS. THE BOARD ADMINISTRATION REVIEWS TAX RETURNS AND COMPARES WITH FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIBE HOW THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE BANNING RANCH CONSERVANCY HAS A CONFLICT OF INTEREST POLICY AND CODE OF ETHICS AND BOARD MEMBERS, INCLUDING OFFICERS AND THE EXECUTIVE DIRECTOR, REGULARLY SIGN AND DATE AN ACKNOWLEDGEMENT FORM STATING THAT THEY HAVE READ, UNDERSTAND AND WILL COMPLY WITH ALL GUIDELINES, PROVISIONS, COVENANTS AND REQUIREMENTS OF THE CONFLICT OF INTEREST POLICY AND CODE OF ETHICS ("CODE") OF BANNING RANCH CONSERVANCY AS ADOPTED BY ITS BOARD OF DIRECTORS IN 2021. THESE DOCUMEENTS CAN BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR, AS IN ALL PREVIOUS YEARS, WAIVED HIS COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ALL OF THE MAJOR INCORPORATION FORMS AND OTHER FUNDAMENTAL DOCUMENTS FOR THE BANNING RANCH CONSERVANCY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06954121
IRS990/TotalAssetsEOYAmt0180703
IRS990/TotalAssetsGrp/BOYAmt06954121
IRS990/TotalAssetsGrp/EOYAmt0180703
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0101213
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011771
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047481
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06859771
IRS990/TotalFunctionalExpensesGrp/TotalAmt06919023
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020038
IRS990/TotalLiabilitiesEOYAmt062
IRS990/TotalLiabilitiesGrp/BOYAmt020038
IRS990/TotalLiabilitiesGrp/EOYAmt062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06934083
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0180641
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06859771
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0251670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0352883
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06954121
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180703
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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