Civic Intelligence

Pacific Crest Trail Association

990 • Fiscal year 2022 • EIN 33-0051202

Jan 01, 2022 to Dec 31, 2022 • Filed on May 22, 2023

2150 River Plaza Dr 155Sacramento, CA 95833-3882

(916) 285-1848

Siviq Scores

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

Liabilities / Assets

66th percentile

0.26x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.35x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

29th percentile

-1.4%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

69th percentile

$171,539

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

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

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

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

Revenue Growth

53rd percentile

6.6%

Faster revenue growth than 53% of similar nonprofits.

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

Assets

Up

$6,759,162

Up $896,638 (+15%) from 2021

Net Assets

Down

$4,975,231

Down $407,055 (-7.6%) from 2021

Liabilities

Up

$1,783,931

Up $1,303,693 (+271%) from 2021

Revenue

Up

$5,151,060

Up $318,919 (+6.6%) from 2021

Expenses

Up

$5,222,704

Up $830,727 (+19%) from 2021

Net Income

Down

-$71,644

Down $511,808 (-116%) 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: $2,293,728Liabilities 2014: $153,926Net Assets 2014: $2,139,8022014Assets 2015: $2,498,038Liabilities 2015: $149,930Net Assets 2015: $2,348,1082015Assets 2016: $3,595,103Liabilities 2016: $461,520Net Assets 2016: $3,133,5832016Assets 2017: $5,086,239Liabilities 2017: $1,711,075Net Assets 2017: $3,375,1642017Assets 2018: $3,753,661Liabilities 2018: $230,126Net Assets 2018: $3,523,5352018Assets 2019: $4,600,339Liabilities 2019: $287,122Net Assets 2019: $4,313,2172019Assets 2020: $5,460,681Liabilities 2020: $672,987Net Assets 2020: $4,787,6942020Assets 2021: $5,862,524Liabilities 2021: $480,238Net Assets 2021: $5,382,2862021Assets 2022: $6,759,162Liabilities 2022: $1,783,931Net Assets 2022: $4,975,2312022Assets 2023: $6,634,976Liabilities 2023: $1,672,656Net Assets 2023: $4,962,3202023Assets 2024: $6,436,231Liabilities 2024: $1,541,428Net Assets 2024: $4,894,8032024

Highlighted filing

2022

Assets$6,759,162
Liabilities$1,783,931
Net Assets$4,975,231

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $2,726,697Expenses 2014: $2,190,192Net Income 2014: $536,5052014Revenue 2015: $2,766,268Expenses 2015: $2,525,611Net Income 2015: $240,6572015Revenue 2016: $3,625,136Expenses 2016: $2,899,571Net Income 2016: $725,5652016Revenue 2017: $3,466,592Expenses 2017: $3,359,863Net Income 2017: $106,7292017Revenue 2018: $3,891,289Expenses 2018: $3,610,657Net Income 2018: $280,6322018Revenue 2019: $4,338,190Expenses 2019: $3,756,481Net Income 2019: $581,7092019Revenue 2020: $3,688,377Expenses 2020: $3,383,775Net Income 2020: $304,6022020Revenue 2021: $4,832,141Expenses 2021: $4,391,977Net Income 2021: $440,1642021Revenue 2022: $5,151,060Expenses 2022: $5,222,704Net Income 2022: -$71,6442022Revenue 2023: $5,357,668Expenses 2023: $5,562,910Net Income 2023: -$205,2422023Revenue 2024: $5,269,356Expenses 2024: $5,495,809Net Income 2024: -$226,4532024

Highlighted filing

2022

Revenue$5,151,060
Expenses$5,222,704
Net Income-$71,644
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 22, 2023
Return Version
2022v5.0
Gross Receipts
$5,968,332
Mission and Program Overview

Mission

To protect, preserve and promote the pacific crest national scenic trail as a world-class experience for hikers and equestrians, and for all the values provided by wild and scenic lands.

To protect, preserve and promote the pacific crest national scenic trail as a world-class experience

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,891,452$3,641,627▼ $249,825
Cash and Non-Interest-Bearing Accounts$615,348$805,709▲ $190,361
Land, Buildings, and Equipment, Net$541,984$461,300▼ $80,684
Accounts Receivable$518,167$225,477▼ $292,690
Pledges and Grants Receivable$180,319$132,776▼ $47,543
Prepaid Expenses and Deferred Charges$106,087$99,414▼ $6,673
Inventories for Sale or Use$9,167$32,625▲ $23,458
Total Assets$5,862,524$6,759,162▲ $896,638
Other Assets Total$0$1,360,234▲ $1,360,234
Liabilities
Other Liabilities$0$1,426,723▲ $1,426,723
Accounts Payable and Accrued Expenses$480,238$357,208▼ $123,030
Total Liabilities$480,238$1,783,931▲ $1,303,693
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,037,066$2,860,229▼ $176,837
Net Assets With Donor Restrictions$2,345,220$2,115,002▼ $230,218
Total Net Assets Fund Balance$5,382,286$4,975,231▼ $407,055
Total Liabilities and Net Assets / Fund Balance$5,862,524$6,759,162▲ $896,638

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$189,228$208,866$398,094
Other Land Buildings$258,048$134,068$392,116
Leasehold Improvements$14,024$10,393$24,417
Other Assets Org$1,360,234--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,478,423$62,931▼ $286,740$305,842$1,948,772
2021$1,766,503$569,680▲ $196,240$54,000$2,478,423
2020$1,595,521$6,474▲ $202,695$38,187$1,766,503
2019$1,404,097$6,396▲ $252,367$67,339$1,595,521
2018$1,502,117$34,572▼ $59,683$72,909$1,404,097
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Megan WargoActing Exec Director & CEOFT$139,291$32,248$171,539
Teresa RaichartChief Financial & AdminFT$145,090$19,419$164,509
Angie WilliamsonDirector of PhilanthropyFT$110,306$23,821$134,127
Jennifer TrippDirector of Trail OperationsFT$109,310$19,453$128,763
Chris RyleeDirector of CommunicationsFT$110,094$9,371$119,465
Elizabeth Bergeron Thru April 2022Exec Director & CEOFT$76,955$6,532$83,487

Board Members and Trustees

NameTitle
Kevin BaconChair
John RemmersVice Chair/treasurer
Ashley MartinezDirector
Carmen IbarraDirector
Chip HerzigDirector
Don RalphsDirector
Elizabeth DorsiDirector
Ginny TooDirector
Jennifer AlbinsonDirector
Keith DorseyDirector
Rick ThalhammerDirector
Sonia FernandezDirector
Tom ReveleyDirector
Dianne Daley LaursenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,254,439
Program Service Revenue
$1,737,255
Investment Income
$90,948
Other Revenue
$68,418
All Other Contributions
$3,254,439
Change in Net Assets
$-71,644

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$55,581Fair Market Value (FMV)
Clothing and Household Goods-$18,614Fair Market Value (FMV)
Total Noncash Contributions5$74,195-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,144,310
Revenue Not Reported on Financial Statements
$6,750
Revenue Not Reported on Form 990
$-7,716
Other Revenue Adjustments
$6,750
Total Revenue per Audited Statements
$5,136,594
Total Revenue per Form 990
$5,151,060
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,305,524
Other Expenses$1,768,110
Total Fundraising Expense$1,081,345
Grants and Similar Amounts Paid$107,070
Professional Fundraising Fees$42,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,675,441$36,185$491,461$2,203,087
Current Officers, Directors, Trustees, and Key Employees$159,361$245,054$15,119$419,534
Fees for Services Other$240,195$34,190$111,089$385,474
Other Employee Benefits$223,061$34,200$61,806$319,067
Office Expenses$281,321$1,623$17,013$299,957
Other Expenses$125,902-$161,409$287,311
Payroll Taxes$152,808$23,418$42,197$218,423
Travel$159,058$3,859$18,810$181,727
Occupancy$135,179$11,528$26,796$173,503
Pension Plan Contributions$101,667$15,612$28,134$145,413
Depreciation Depletion$96,991$11,381$25,206$133,578
Grants to Domestic Orgs$107,070--$107,070
All Other Expenses$76,730-$24,096$100,826
Information Technology$67,103$16,905$5,086$89,094
Conferences and Meetings$53,268$14,040$7,412$74,720
Fees for Services Professional Fundraising--$42,000$42,000
Fees for Services Accounting-$21,400-$21,400
Insurance$14,279$1,675$3,711$19,665
Fees for Services Legal$855--$855
Total Functional Expenses$3,670,289$471,070$1,081,345$5,222,704

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,543,649
Expenses per Audited Statements$5,222,704
Total Expenses per Form 990$5,222,704
Expenses Not Reported on Form 990$320,945
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Student Conservation AssociationCharleston, NH501(c)(3)Trail Maintenance$87,774
State of Washington Department of EcologyOlympia, WAGovTrail Maintenance$12,619
William S Hart Union Hs DistrictSanta Clarita, CAGovTrail Maintenance$6,677
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$42,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rou Lease Liabilty$1,426,723
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee may exercise the authority of the board in the management of pcta between meetings of the board. The executive committee shall, at each regular meeting of the board, make a full report of all business transacted by the executive committee since the last such report to the board. The executive committee shall consist of the board chair and up to four other directors. The executive director shall serve as a non-voting advisor to the executive committee. The board shall appoint directors to be members of the executive committee.

Form 990, Part VI, Section A, Line 6

Members consist of individuals, associations, clubs and organizations.

Form 990, Part VI, Section A, Line 7A

Members have the right to vote on the election of directors and on other matters submitted to the membership by the board of directors. Each individual member has one vote and each member group has one vote.

Form 990, Part VI, Section A, Line 7B

Members have the right to vote on changes to the bylaws.

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

The 990 is reviewed by the finance committee. The draft form 990 is e-mailed to the finance committee members for review. The finance committee holds a meeting to discuss the contents of the form 990. The committee submits review comments to the chief financial and administrative officer and makes one of the following recommendations: (a) file the form 990 as prepared or, (b) request a meeting with the auditor and staff to discuss potential changes. Before the form 990 is filed, a copy is provided to the board.

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

Board members and staff leadership review and sign the conflict of interest policy annually. As part of the process, they disclose any known conflicts or potential conflicts of interest on the form. The forms are reviewed by the board chair. If any conflict of interest is disclosed, the board reviews and discusses the conflict. Throughout the year, board members are aware of the policy and disclose conflicts of interest or potential conflicts of interests as they arise. If the board determines a conflict of interest exists, the board member may not be present for discussion or vote on business where a conflict of interest exists.

Form 990, Part VI, Section B, Line 15

At an executive session of a regularly scheduled board meeting, the pcta board of directors determines the salary and bonus of the executive director and chief financial & administrative officer based in part on performance measured against objectives and other factors. In addition, the board of directors uses compensation data from the form 990 of comparable nonprofit organizations as well as a survey of northern california nonprofit organizations from the nonprofit compensation associates. This process was last undertaken in 2022.

Form 990, Part VI, Section C, Line 19

Pcta's bylaws, audited financial statements, forms 990, strategic plans, annual reports, privacy policy and record retention policy are available on our website. Other policies and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Pacific Crest Trail Association
EIN
33-0051202
Phone
9162851848
Address
2150 RIVER PLAZA DR 155, SACRAMENTO, CA 95833-3882

Signing Officer

Name
Teresa Raichart
Title
Chief Financial & Admin
Phone
9162851848
Signed
2023-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Wargo
Formed
1977
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
47
Volunteers
1,408

Preparer

Firm
Gilbert Cpas
Address
2880 GATEWAY OAKS DR STE 100, SACRAMENTO, CA 95833
Preparer
Jennifer Z Iwata
Phone
9166466464
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The processes for oversight of the financial statement audit and the selection of an independent accountant have not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The intended uses of the endowment fund are to defray normal operating expenses of the pcta incurred in the furtherance of its objectives of protecting, preserving, and promoting the pct.

PART X, LINE 2:

Pcta has applied the accounting principles related to accounting for uncertainty in income taxes and has determined that there is no material impact on the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Additional gain on sale of land 6,750.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Additional gain on sale of land -6,750.

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IRS990/Desc0PROTECT:IN 2022, THE PACIFIC CREST TRAIL ASSOCIATION (PCTA) PARTNERED WITH LAND TRUSTS AND FEDERAL AGENCIES TO EVALUATE ACQUISITION OPPORTUNITIES FROM PRIVATE OWNERS THAT OWN LAND INCLUDING OR ADJACENT TO THE PCT. IN ADDITION, PCTA ADVOCATED FOR LAND AND WATER CONSERVATION FUND SUPPORT FOR THE U.S. FOREST SERVICE AND THE BUREAU OF LAND MANAGEMENT. IN 2022, 532 MILES OF THE PCT WERE CLOSED BECAUSE OF FIRES. WITH 194 TRAIL MILES BURNED, PCTA ASSISTED THE FOREST SERVICE TO DEVELOP EXTENSIVE RESTORATION PLANS.(CONTINUED ON SCHEDULE O)PCTA ALSO MONITORED OR RESPONDED TO ONGOING THREATS OR LAND MANAGEMENT PROJECTS ALONG THE TRAIL, INCLUDING THE FOLLOWING: TRAILWIDE - TIMBER HARVESTING, FUELS REDUCTION, REFORESTATION, INVASIVE PLANT ERADICATION, WATERSHED, MEADOW, AND FIRE RESTORATION, ILLEGAL AND INCOMPATIBLE USES, GRAZING, SKI RESORT EXPANSION, COMMERCIAL AND COMPETITIVE EVENTS, HOUSING DEVELOPMENTS, BRIDGE INSTALLATIONS, TRAIL NETWORK EXPANSIONS, ILLEGAL MOTORIZED USE, PUBLIC LAND TRANSFERS, IMPACTS FROM INCREASED USE, DESIGNATED PCT MANAGEMENT AREAS, FOREST PLANNING, TRAVEL MANAGEMENT AND OVER-SNOW VEHICLE PLANNING;CALIFORNIA - WIND AND SOLAR DEVELOPMENT, ENERGY TRANSMISSION LINES, WATER PIPELINES, DAM REAUTHORIZATION, ENDANGERED SPECIES, CALIFORNIA HIGH SPEED RAIL, HIGHWAY 138 EXPANSION; OREGON - PACIFIC CONNECTOR NATURAL GAS PIPELINE; PEDESTRIAN WALKWAY ADVOCACY FOR THE BRIDGE OF THE GODS;WASHINGTON - GRIZZLY BEAR REINTRODUCTION IN THE NORTH CASCADES; EVALUATION OF THE PCT ALIGNMENT AND LOCATION; PACIFIC NORTHWEST NATIONAL SCENIC TRAIL COMPREHENSIVE PLAN DEVELOPMENT; VEGETATION MANAGEMENT PROJECTS; RELOCATION NEAR STEVEN'S PASS; NORTH CASCADES BACKCOUNTRY CAMP MODIFICATIONS ALONG THE PCT. OUR 2022 PROTECTION ACTIVITIES ALSO INCLUDED VIRTUAL "HIKE THE HILL" MEETINGS TO TALK WITH FEDERAL AGENCY LEADERS AND CONGRESSIONAL REPRESENTATIVES AND THEIR STAFF IN WASHINGTON, D.C. TO ADVOCATE FOR FEDERAL TRAIL MANAGEMENT, OPERATIONS AND LAND ACQUISITION FUNDING FOR THE PCT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PRESERVE:IN 2022, DURING THE COVID-19 PANDEMIC, 1,408 VOLUNTEER STEWARDS AND CORPS CREW MEMBERS PERFORMED THE HARD, PHYSICAL LABOR OF ANNUAL MAINTENANCE AND RESTORATION OF THE PCT. PCTA VOLUNTEERS CONTRIBUTED 67,503 SERVICE HOURS IN 2022, AN IN-KIND VALUE OF $2 MILLION. THESE HOURS INCLUDED:- 1,106 MILES OF TRAIL MAINTENANCE- 33 MILES OF TRAIL RECONSTRUCTION- 80 VOLUNTEER TRAINING EVENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROMOTE:THROUGH OUR PRINT AND ELECTRONIC PUBLICATIONS AND PERSONAL OUTREACH,-WE PROMOTE THE PACIFIC CREST TRAIL AS A SAFE AND INCLUSIVE SPACE FOR EVERYONE-PROMOTE SAFE AND RESPONSIBLE USE OF THE TRAIL BY EDUCATING TRAIL USERS IN LEAVE NO TRACE PRINCIPLES, AS WELL AS INFORMING TRAIL USERS ABOUT TRAIL CLOSURES AND THE IMPACTS FROM WILDFIRE-MOBILIZE VOLUNTEERS TO MAINTAIN THE TRAIL-KEEP OUR MEMBERS AND ELECTED LEADERS INFORMED OF PROGRAMS AND ISSUES FACING THE TRAIL(CONTINUED ON SCHEDULE O)-INTRODUCE NEW AUDIENCES TO THE RICHNESS OF THE PACIFIC CREST TRAIL EXPERIENCEIN 2022, PROMOTIONAL ACTIVITIES INCLUDED: -PUBLISHING FOUR ISSUES (50,100 COPIES) OF THE PACIFIC CREST TRAIL COMMUNICATOR MAGAZINE, AND DISTRIBUTING IT TO MEMBERS, PARTNERS AND ELECTED OFFICIALS; -PUBLISHING AN ANNUAL CALENDAR; -PUBLISHING TWELVE REGULAR ISSUES OF TRAIL DIRT, THE PCTA'S ELECTRONIC NEWSLETTER;-PUBLISHING DOZENS OF BLOG AND SOCIAL MEDIA POSTSTHE PCTA ALSO...-RESPONDED TO 7,042 INQUIRIES FROM TRAIL USERS AND THE GENERAL PUBLIC; -ISSUED 4,967 LONG-DISTANCE PERMITS AND 3,307 SECTION HIKE PERMITS;-GARNERED 1,408,199 WEBSITE VISITS, -ENGAGED 298,000 SOCIAL MEDIA FOLLOWERS.
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