Civic Intelligence

Montezuma Land Conservancy

990 • Fiscal year 2014 • EIN 31-1632961

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 31, 2015

PO Box 1522Cortez, CO 81321

(970) 565-1664

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

23rd percentile

0.02x

Higher debt load relative to revenue than 23% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

65th percentile

9.0%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$51,441

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

56th percentile

3.8%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-45%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,246,306

Up $45,721 (+3.8%) from 2013

Net Assets

Up

$1,235,440

Up $42,264 (+3.5%) from 2013

Liabilities

Up

$10,866

Up $3,457 (+47%) from 2013

Revenue

Down

$683,532

Down $560,877 (-45%) from 2013

Expenses

Down

$622,168

Down $554,554 (-47%) from 2013

Net Income

Down

$61,364

Down $6,323 (-9.3%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $1,200,585Liabilities 2013: $7,409Net Assets 2013: $1,193,1762013Assets 2014: $1,246,306Liabilities 2014: $10,866Net Assets 2014: $1,235,4402014Assets 2015: $1,363,681Liabilities 2015: $17,895Net Assets 2015: $1,345,7862015Assets 2016: $1,872,480Liabilities 2016: $27,863Net Assets 2016: $1,844,6172016Assets 2017: $2,124,277Liabilities 2017: $11,921Net Assets 2017: $2,112,3562017Assets 2018: $2,230,880Liabilities 2018: $97,603Net Assets 2018: $2,133,2772018Assets 2019: $2,397,684Liabilities 2019: $20,177Net Assets 2019: $2,377,5072019Assets 2020: $2,935,920Liabilities 2020: $73,157Net Assets 2020: $2,862,7632020Assets 2021: $3,089,104Liabilities 2021: $54,135Net Assets 2021: $3,034,9692021Assets 2022: $3,361,313Liabilities 2022: $74,567Net Assets 2022: $3,286,7462022Assets 2023: $3,407,485Liabilities 2023: $28,823Net Assets 2023: $3,378,6622023Assets 2024: $3,773,602Liabilities 2024: $74,681Net Assets 2024: $3,698,9212024

Highlighted filing

2014

Assets$1,246,306
Liabilities$10,866
Net Assets$1,235,440

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,244,409Expenses 2013: $1,176,722Net Income 2013: $67,6872013Revenue 2014: $683,532Expenses 2014: $622,168Net Income 2014: $61,3642014Revenue 2015: $1,112,236Expenses 2015: $990,485Net Income 2015: $121,7512015Revenue 2016: $1,740,481Expenses 2016: $1,260,873Net Income 2016: $479,6082016Revenue 2017: $770,571Expenses 2017: $663,572Net Income 2017: $106,9992017Revenue 2018: $592,760Expenses 2018: $416,798Net Income 2018: $175,9622018Revenue 2019: $503,354Expenses 2019: $448,331Net Income 2019: $55,0232019Revenue 2020: $773,759Expenses 2020: $492,624Net Income 2020: $281,1352020Revenue 2021: $789,179Expenses 2021: $648,749Net Income 2021: $140,4302021Revenue 2022: $1,374,933Expenses 2022: $781,873Net Income 2022: $593,0602022Revenue 2023: $784,206Expenses 2023: $841,537Net Income 2023: -$57,3312023Revenue 2024: $1,014,412Expenses 2024: $910,915Net Income 2024: $103,4972024

Highlighted filing

2014

Revenue$683,532
Expenses$622,168
Net Income$61,364
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 31, 2015
Return Version
2014v5.0
Gross Receipts
$698,527
Mission and Program Overview

Mission

The mission of the montezuma land conservancy is to permanently protect important open lands in partnership with landowners, in order to conserve agricultural, natural and scenic open space resources in and around montezuma and dolores counties.

The Conservancy conducts outreach events to landowners and supporters, due diligence and negotiation of new conservation easements, annual site visits on existing easements and annual campaigns to support operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$995,135$1,023,278▲ $28,143
Cash and Non-Interest-Bearing Accounts$83,714$104,884▲ $21,170
Savings and Temporary Cash Investments$68,392$100,394▲ $32,002
Accounts Receivable$33,765--
Pledges and Grants Receivable$10,930$13,041▲ $2,111
Land, Buildings, and Equipment, Net$6,484$4,059▼ $2,425
Prepaid Expenses and Deferred Charges$2,165$650▼ $1,515
Total Assets$1,200,585$1,246,306▲ $45,721
Liabilities
Accounts Payable and Accrued Expenses$7,409$10,866▲ $3,457
Total Liabilities$7,409$10,866▲ $3,457
Net Assets / Fund Balance
Unrestricted Net Assets$647,299$665,563▲ $18,264
Temporarily Rstr Net Assets$377,140$401,140▲ $24,000
Permanently Rstr Net Assets$168,737$168,737→ $0
Total Net Assets Fund Balance$1,193,176$1,235,440▲ $42,264
Total Liabilities and Net Assets / Fund Balance$1,200,585$1,246,306▲ $45,721

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,534$11,254$14,788
Other Land Buildings$525$2,975$3,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$641,699$26,000▼ $15,537$35,500$616,662
2013$515,238$75,450▲ $81,011$30,000$641,699
2012$463,273$30,775▲ $52,690$31,500$515,238
2011$461,544$19,350▲ $5,379$23,000$463,273
2010$352,721$77,958▲ $30,865-$461,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon LeibowitzExecutive DirectorFT$46,200$5,241$51,441
Jeff WeinmeisterExecutive DirectorFT$19,638$1,358$20,996

Board Members and Trustees

NameTitle
Jack BurkPresident
Julia GarrattVice President
Dan FernandezBoard Member
Deb GardnerBoard Member
Marianne MateBoard Member
Mike PrestonBoard Member
Ray CoulonBoard Member
Tucker RobinsonBoard Member
Betty JanesSecretary
Doug BaggeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$618,034
Program Service Revenue
$3,590
Investment Income
$53,150
Other Revenue
$8,758
All Other Contributions
$192,924
Change in Net Assets
$61,364

Audited Revenue Reconciliation

Revenue per Audited Statements
$683,532
Revenue Not Reported on Form 990
$-4,105
Total Revenue per Audited Statements
$679,427
Total Revenue per Form 990
$683,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$503,722
Salaries, Compensation, and Employee Benefits$118,446
Total Fundraising Expense$25,551
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$46,489$15,521$3,828$65,838
Other Salaries and Wages$15,146$8,858$6,018$30,022
Fees for Services Other$19,041$260$209$19,510
Office Expenses$10,576$1,504$2,017$14,097
Other Employee Benefits$10,453$1,129$1,020$12,602
Occupancy$9,640$610$1,116$11,366
Fees for Services Legal--$7,478$7,478
Payroll Taxes$4,591$2,088$777$7,456
Insurance$6,472$371$291$7,134
Fees for Services Accounting$3,555$2,101$1,131$6,787
Other Expenses$2,312$606$431$3,349
Conferences and Meetings$2,769$257$218$3,244
Pension Plan Contributions$1,933$319$276$2,528
Depreciation Depletion-$2,425-$2,425
All Other Expenses$1,051$331$494$1,876
Total Functional Expenses$559,980$36,637$25,551$622,168

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$637,163
Expenses per Audited Statements$622,168
Total Expenses per Form 990$622,168
Expenses Not Reported on Form 990$14,995
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,732
Fundraising Direct Expenses$14,995
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brewfest$38,310$21,710$8,375$13,335
All Other$2,022$2,022$2,548$-526
Total Events$40,332$23,732$14,995$8,737
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
Yes
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

The Board of Directors has directed the Finance Committee of the Board to review the Form 990 and report its findings to the full Board. Management additionally reviews the Form 990 that is prepared by an independent CPA. The 990 is available to all Board Members upon request.

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

All Board Members and the Executive Director are required to annually review and update their conflict of interest information. This information is kept readily accessible in the Organizations offices. It is up to individual members to report any potential conflicts.

Form 990, Part VI, Section B, Line 15

The Board of Directors does a search of relevant salary survey data approximately every three years, or as it feels is appropriate, to maintain salary scales. The Executive Directors salary is set annually by the Finance Committee of the Board of Directors and is approved by the full Board as part of the annual budget approval process.

Form 990, Part VI, Section C, Line 19

All governing documents, financial statements and conflict of interest information are available for public inspection at the offices of the Organization.

Filing and Contact Details

Filer

Filer Name
Montezuma Land Conservancy
EIN
31-1632961
Phone
9705651664
Address
PO BOX 1522, CORTEZ, CO 81321

Signing Officer

Name
Jon Leibowitz
Title
Executive Director
Signed
2015-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Burk
Formed
1998
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
75

Preparer

Firm
Hull & Associates PC
Address
780 Simms St Ste 200, Golden, CO 80401
Preparer
Naomi Hull
Phone
3032022702
Supplemental Narrative

Financial Statement Notes

II 9

THE ORGANIZATION DOES NOT CAPITALIZE CONSERVATION EASEMENTS AND THEREFORE THEY ARE NOT REFLECTED ON THE STATEMENT OF FINANCIAL POSITION. DONATED EASEMENTS ARE NOT RECORDED IN THE STATEMENT OF ACTIVITIES. GRANTS RECEIVED TO PURCHASE EASEMENTS ARE RECORDED IN THE STATEMENT OF ACTIVITIES. PURCHASES OF EASEMENTS AND TRANSACTIONAL COSTS ARE RECORDED AS EXPENSES IN THE STATEMENT OF ACTIVITIES. THE FOOTNOTE THAT DESCRIBES THE ACCOUNTING POLICY FOR CONSERVATION EASEMENTS READS AS FOLLOWS THE ORGANIZATION IS CONSIDERED A QUALIFIED ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 170h3 AND MAY THEREFORE ACCEPT DONATED CONSERVATION EASEMENTS. CONSERVATION EASEMENTS, WHICH REPRESENT A PERPETUAL RESTRICTION ON THE USE OF LAND WITHOUT TRANSFER OF OWNERSHIP OF THE UNDERLYING PROPERTY, ARE NOT REFLECTED IN THE ASSETS OF THE ORGANIZATION. THERE IS NO MARKET FOR THE EASEMENTS AND THEREFORE THEY HAVE NOT BEEN VALUED BY THE ORGANIZATION IN ACCORDANCE WITH FAIR VALUE RULES. DONATED EASEMENTS ARE NOT RECORDED AS SUPPORT. TRANSACTIONAL COSTS TO OBTAIN AN EASEMENT AS WELL AS PURCHASE COSTS FOR AN EASEMENT ARE RECORDED AS EXPENSES IN THE STATEMENT OF ACTIVITIES.

XI 2D

The financial statements do not net fundraising revenue and expense as is done on the form 990. Fundraising expenses must be added back to the 990 to compare with the organizations audited financial statements.

XII 2D

The financial statements do not net fundraising revenue and expense as is done on the form 990. Fundraising expenses must be added back to the 990 to compare with the organizations audited financial statements.

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IRS990/MissionDesc0THE MISSION OF THE MONTEZUMA LAND CONSERVANCY IS TO PERMANENTLY PROTECT IMPORTANT OPEN LANDS IN PARTNERSHIP WITH LANDOWNERS, IN ORDER TO CONSERVE AGRICULTURAL, NATURAL, AND SCENIC OPEN SPACE RESOURCES IN AND AROUND MONTEZUMA AND DOLORES COUNTIES.
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02165
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0650
IRS990/PrincipalOfficerNm0JACK BURK
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03590
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IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC EDUCATION - THE PURPOSE OF MONTEZUMA LAND CONSERVANCYS PUBLIC OUTREACH AND EDUCATION PROGRAM IS TO PROVIDE INFORMATION TO STAKEHOLDERS ABOUT LAND CONSERVATION, AND THE MONTEZUMA LAND CONSERVANCY, IN ORDER TO INSPIRE STAKEHOLDERS TO ACT ON BEHALF OF LAND CONSERVATION AND THE MONTEZUMA LAND CONSERVANCY. THE CONSERVANCY ENGAGES PEOPLE THROUGH NEWSLETTERS, FIELD TRIPS, INFORMATIONAL EVENTS, NEWS RELEASES, ITS WEBSITE AND, WORKSHOPS AND MEETINGS WITH LANDOWNERS IN THE COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022518
IRS990/ProgSrvcAccomActy3Grp/Desc0STEWARDSHIP - AT THE BEGINNING OF THE YEAR, MONTEZUMA LAND CONSERVANCY WAS RESPONSIBLE FOR 77 CONSERVATION EASEMENTS IN COLORADO, TOTALING APPROXIMATELY 36,908 ACRES. BY THE END OF THE YEAR THE CONSERVANCY WAS RESPONSIBLE FOR 79 EASEMENTS TOTALING APPROXIMATELY 37,788 ACRES. NO EASEMENT RESTRICTIONS WERE DECREASED OR TERMINATED. THE CONSERVANCY PERFORMED MONITORING ON ALL OF THE EASEMENTS THEREBY ENSURING THE CONTINUED PROTECTION OF THESE IMPORTANT LANDS.
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IRS990/PYOtherRevenueAmt01980
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$0.07$3.70$1.01$0.91$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.03$3.38$0.78$0.84$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.07$3.29$1.37$0.78$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.05$3.03$0.79$0.65$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.07$2.86$0.77$0.49$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.02$2.38$0.50$0.45$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.10$2.13$0.59$0.42$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.01$2.11$0.77$0.66$0.11
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.03$1.84$1.74$1.26$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.02$1.35$1.11$0.99$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.68$0.62$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$1.24$1.18$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits