Civic Intelligence

Athens Conservancy

990 • Fiscal year 2022 • EIN 32-0035073

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 07, 2023

PO Box 2281Athens, OH 45701

(740) 662-8005

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1202%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$5,725,755

Up $692,931 (+14%) from 2021

Net Assets

Up

$5,725,755

Up $700,691 (+14%) from 2021

Liabilities

Down

$0

Down $7,760 (-100%) from 2021

Revenue

Up

$3,885,876

Up $3,587,329 (+1202%) from 2021

Expenses

Up

$3,130,472

Up $3,051,172 (+3848%) from 2021

Net Income

Up

$755,404

Up $536,157 (+245%) from 2021

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$0Assets 2014: $1,395,411Liabilities 2014: $35,808Net Assets 2014: $1,359,6032014Assets 2015: $1,398,271Liabilities 2015: $31,920Net Assets 2015: $1,366,3512015Assets 2016: $1,573,768Liabilities 2016: $27,994Net Assets 2016: $1,545,7742016Assets 2017: $1,888,163Liabilities 2017: $24,027Net Assets 2017: $1,864,1362017Assets 2018: $3,081,078Liabilities 2018: $20,022Net Assets 2018: $3,061,0562018Assets 2019: $4,417,994Liabilities 2019: $16,462Net Assets 2019: $4,401,5322019Assets 2020: $4,818,197Liabilities 2020: $12,380Net Assets 2020: $4,805,8172020Assets 2021: $5,032,824Liabilities 2021: $7,760Net Assets 2021: $5,025,0642021Assets 2022: $5,725,755Liabilities 2022: $0Net Assets 2022: $5,725,7552022Assets 2024: $6,488,691Liabilities 2024: $1,480Net Assets 2024: $6,487,2112024

Highlighted filing

2022

Assets$5,725,755
Liabilities$0
Net Assets$5,725,755

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2014: $70,008Expenses 2014: $10,712Net Income 2014: $59,2962014Revenue 2015: $111,568Expenses 2015: $104,820Net Income 2015: $6,7482015Revenue 2016: $223,648Expenses 2016: $44,225Net Income 2016: $179,4232016Revenue 2017: $363,070Expenses 2017: $44,708Net Income 2017: $318,3622017Revenue 2018: $1,234,470Expenses 2018: $37,550Net Income 2018: $1,196,9202018Revenue 2019: $1,395,002Expenses 2019: $54,526Net Income 2019: $1,340,4762019Revenue 2020: $433,734Expenses 2020: $29,449Net Income 2020: $404,2852020Revenue 2021: $298,547Expenses 2021: $79,300Net Income 2021: $219,2472021Revenue 2022: $3,885,876Expenses 2022: $3,130,472Net Income 2022: $755,4042022Revenue 2024: $879,322Expenses 2024: $236,822Net Income 2024: $642,5002024

Highlighted filing

2022

Revenue$3,885,876
Expenses$3,130,472
Net Income$755,404
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 7, 2023
Return Version
2022v5.0
Gross Receipts
$3,885,876
Mission and Program Overview

Mission

The athens conservancy exists to preserve open space lands in and near athens county ohio. We do this through acquisition of land or acquisition of conservation easements on land. We also have educational and planning activities relating to land preservation.

The athens conservancy is a land trust that preserves land in and around athens county, ohio through the purchase or donation of property and the creation of conservation easements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,545,612$4,737,293▲ $191,681
Pd in Cap Srpls Land Bldg Eqp Fund$4,545,612$4,737,293▲ $191,681
Rtn Earn Endowment Incm Other Fnds-$720,000-
Cap Stk Tr Prin Current Funds$479,452$268,462▼ $210,990
Savings and Temporary Cash Investments$303,291$163,224▼ $140,067
Cash and Non-Interest-Bearing Accounts$183,821$105,108▼ $78,713
Loans From Officers Directors$3,743--
Intangible Assets$100$130▲ $30
Total Assets$5,032,824$5,725,755▲ $692,931
Other Assets Total-$720,000-
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,017--
Total Liabilities$7,760$0▼ $7,760
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,025,064$5,725,755▲ $700,691
Total Liabilities and Net Assets / Fund Balance$5,032,824$5,725,755▲ $692,931

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,737,293-$4,737,293
Other Assets Org$720,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$303,291$113,751▼ $51,402$-198,758$163,224
2021$64,304$216,266▲ $265-$303,291
2020$57,521$1,056▲ $265-$64,304
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donna GoodmanPresident
Chris FahlVice President
Andrea MillerBoard Member
Brian BlairBoard Member
Carolyn SheehanBoard Member
Chris ObaraBoard Member
David FunkBoard Member
Dawn HandleyBoard Member
Greg KesslerBoard Member
Mark ShubertBoard Member
Phil CantinoBoard Member
Sally ZalekBoard Member
Linda ThorntonSecretary
Barbara FlowersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,880,882
Program Service Revenue
$0
Investment Income
$3,311
Other Revenue
$1,683
All Other Contributions
$3,879,567
Change in Net Assets
$755,404

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$3,712,000Appraisal
Other Non Cash Contri Table1$100Actual Value
Total Noncash Contributions2$3,712,100-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,106,435
Salaries, Compensation, and Employee Benefits$24,037
Total Fundraising Expense$22,942
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$2,992,000$2,436$1,492$2,992,000
Fees for Services Management$5,075$25,375$20,300$50,750
Other Salaries and Wages$21,355--$21,355
Fees for Service Investment Mgmnt Fees-$3,658-$3,658
Conferences and Meetings$1,839$669-$2,508
All Other Expenses$444$2,034-$2,478
Insurance$1,494$804-$2,298
Payroll Taxes$1,778--$1,778
Advertising-$1,039$600$1,639
Information Technology$600$260$349$1,209
Fees for Services Accounting-$1,185-$1,185
Other Employee Benefits$268$636-$904
Fees for Services Other$438$44$201$683
Office Expenses-$250-$250
Interest$50--$50
Total Functional Expenses$3,069,140$38,390$22,942$3,130,472
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,743--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No

Governance Explanations

Part VI, Section B, Line 11A

Form 990 delivered electronically to each board member prior to the july 5, 2023 meeting. At the meeting all board members had opportunity to ask questions prior to voting approval on the document

Part VI, Section C, Lines 18 and 19

Our records are availabbe upon written request, supplied by postal mail or e-mail

Filing and Contact Details

Filer

Filer Name
Athens Conservancy
EIN
32-0035073
Phone
7406628005
Address
PO BOX 2281, ATHENS, OH 45701

Signing Officer

Name
Barbara Flowers
Title
Treasurer
Phone
7406628005
Signed
2023-09-07
Discuss with paid preparer
No

Organization Details

Principal Officer
Donna Goodman
Formed
2002
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
75

Preparer

Firm
H and R Block
Address
507 RICHLAND AVE, ATHENS, OH 45701
Preparer
Gail Gregg
Phone
8004725625
Supplemental Narrative

Additional Explanations

Part V1, Section B. Line 12C

Our conflict of interest policy is monitored to ensure no material financial interest for transactions or projects under board consideration

Part III 4A

Preservation $2,996,383 the athens conservancy received an unprecedented donation of mineral rights for coal reserves on approximately 10,000 acres located mostly in northern athens county, ohio. In coal-bearing regions, these rights were often severed from surface rights and sold to coal companies, with transactions dating back more than a century. The conservancy intends to leave the vast majority of the coal untouched and in the ground to protect the community and benefit the environment for future generations. This noncash donation aligns perfectly with our mission.

PART III LINE 4A CON'T

There is a previously existing lease that allows about 1,100 acres of the donated reserves to be mined until the lease expires in 2023. Athens conservancy will not extend this lease nor enter into any new leases.

PART III PART 4A CON'T

The ohio department of natural resources issued a coal mining permit that includes nearly 300 acres of the leased coal reserves. In 2022, mining began prior to the donation and could continue until the permit expires in 2027. During the life of the lease, the coal company may pursue additional permits to mine the remaining 800 acres of leased coal reserves. Although the lease expires in 2033, coal mining activities may well cease or be reduced earlier based on market conditions.

PART III 4A CON'T

In accordance with keeping about 8,900 acres of unleased coal reserves in the ground, athens conservancy has written-down the book value of the coal assets due to the reduction of its fair market value by approximately 81%. The asset is now valued at the potential revenue of royalties we may receive from the leased reserves if mining continues.

PART III 4A CON'T

Athens conservancy now protects 14 preserves with the addition of the lindy roosenburg preserve, located just north of athens, ohio. The nearly 71- acre preserve is an exceptional property with mature forests, scenic rock formations, and 1.5 miles of well-maintained trails. The lindy preserve was established in memory of a local young woman and aspiring wildland firefighter.

PART III 4A, CON'T

In 2022, funding associated with preserving land included closing costs for land purchased, property taxes paid, liability insurance coverage for our preserves, insurance coverage for the legal costs of defending our conservation easements, and interest on a mortgage (which was paid in full in 2022) on one of our preserves.

Part III Line 4B

Stewardship $64,465 keeping our preserves healthy and accessible to our community is an important part of our mission. Two part-time employees, along with a student intern and volunteers, removed invasive non-native plants that crowd out native plants on our preserves. Invasive species are capable of reducing biodiversity by competing with native species for limited resources and altering habitats. These plants include garlic mustard, multiflora rose, stilt grass, japanese honeysuckle, privet, burning bush and autumn olive. They must be removed regularly by mechanical means and by limited herbicidal control to curb their impact to native wildlife habitat. We work in our preserves on a rotating basis to control the invasive plants as they typically reappear in previously cleared areas. In addition to our employees' salaries, expenses included the purchase, maintenance and repair of various hand tools and powered tools, such as a weed eater.

PART III 4B CON'T

Our two part-time employees also helped maintain over 10 miles of trails and several footbridges. They regularly removed encroaching vegetation along the trails, footbridges, and kiosks; cleared downed trees that blocked trails; and made trail improvements to keep the trails safe and accessible to hikers. Signs were purchased and installed to mark several trails this year. One new trail was marked white blazes.

PART III 4B CON'T

The new trails were completed and opened in 2022. The john knouse trail, a 2-mile trail on the canaan preserve that connects the baker preserve with strouds run state park, and an art trail around a small pond on the mary beth zak lohse preserve comprising 10 artist-designed trail markers featuring native plants and animals. A non-profit trail organization was hired to assist in the design and completion of the john knouse trail.

PART III 4B CON'T

Two kiosks with display cases were installed by a local contractor near the cucumber tree trailhead parking lot and the baker preserve. The kiosks are used to display trail maps; educational information on an assortment of topics; general information about the conservancy; and event posters.

PART III 4B CON'T

Our largest expenditure was the construction of a parking area and access drive to the lindy roosenburg preserve by a local contractor. Expenses included all labor, equipment, and materials to build a 210 foot long driveway with a 6 spot parking lot. As parking can be a challenge at some of our preserves, this work will provide a safe place for visitors to park.

Part III, Line 4C

Events/outreach $8,292 athens conservancy celebrated its 20th anniversary during 2022 with the grand openings of the art trail at the mary beth zak lohse preserve and the john knouse trails at the canaan preserve. The conservancy partnered with passion works studio to create artwork; live healthy appalachia who provided seasonal posters; and ohio valley museum of discovery who produced activity brochues for the kiosk. The visibilty of the art trail was expanded with sister trails installed in three athens county library branches. The john knouse trail was built in memory of a founding member of our organization. It connects separate trail systems and makes it possible to hike nine miles without crossing a road.

PART III 4C CON'T

The conservancy held our annual groundhog and spring wildflower hikes and participated in the pawpaw festival. We hosted an event with the ohio university alumni and took part in a collaborative event in athens called high tea and trees. These events provide an opportunity for the community to enjoy time outdoors and learn about nature and the conservancy.

PART III 4C CON'T

We use social media platforms, newsletters, press releases, web articles, brochures, and information posted in our kiosks to reach out to our members and the general public.

PART 111 4C CON'T

2022 expenses included our development director's time, along with a limited number of hours with a design consultant, to create brochures, trail maps, newsletters, posters, and general information used at our events and displayed in the kiosks; printing fees; maintenance of our website and other social media platforms; and event costs.

Part III Line 1

The conservancy protects water quality and maintains healthy ecosystems that support native biodiversity and help counteract the causes of climate change. We connect our community to nature through recreation, events, education, research, and inspiration.

Financial Statement Notes

Sch D Part 2 Line 9

Sch d part 2 line 9: we recognize a $10 donation classified as asset on balance sheet for each conservation easement. We request $1000 donation (to defend and maintain the easement) for every 100 acres of easement.

Sch D, Part II Line 9 (contd)

Sch d, part ii line 9 (contd): funds invested in foundation for appalachian ohio. Additionally, we carry ins with terrafirma

Sch D Part V Line 4

Sch d part v line 4: funds in permananet and quasi perm endowment are set aside for future. Annual investment funds are uses toward mission. One board directed fund is used for defense of easements in court.

Sch D Part V, Line 4 (contd)

Sch d part v, line 4 (contd): remaining funds reserved for land acquisition

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IRS990/MissionDesc0THE ATHENS CONSERVANCY IS A SMALL LAND TRUST THAT PRESERVES LAND IN AND AROUND ATHENS COUNTY, OHIO THROUGH THE PURCHASE OF PROPERTY AND ACQUISITION OF CONSERVATION EASEMENTS. WE PROTECT ABOUT 3,000 ACRES. SEE SCHEDULE O FOR MORE INFORMATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCH D PART 2 LINE 9: WE RECOGNIZE A $10 DONATION CLASSIFIED AS ASSET ON BALANCE SHEET FOR EACH CONSERVATION EASEMENT. WE REQUEST $1000 DONATION (TO DEFEND AND MAINTAIN THE EASEMENT) FOR EVERY 100 ACRES OF EASEMENT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCH D, PART II LINE 9 (CONTD): FUNDS INVESTED IN FOUNDATION FOR APPALACHIAN OHIO. ADDITIONALLY, WE CARRY INS WITH TERRAFIRMA
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCH D PART V LINE 4: FUNDS IN PERMANANET AND QUASI PERM ENDOWMENT ARE SET ASIDE FOR FUTURE. ANNUAL INVESTMENT FUNDS ARE USES TOWARD MISSION. ONE BOARD DIRECTED FUND IS USED FOR DEFENSE OF EASEMENTS IN COURT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SCH D PART V, LINE 4 (CONTD): REMAINING FUNDS RESERVED FOR LAND ACQUISITION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH D PART 2 LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCH D, PART II LINE 9 (CONTD)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCH D PART V LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCH D PART V, LINE 4 (CONTD)
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