Civic Intelligence

Western Reserve Land Conservancy

990 • Fiscal year 2017 • EIN 34-1571233

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

3850 Chagrin River RdMoreland Hills, OH 44022

(440) 528-4150

Siviq Scores

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

Liabilities / Assets

64th percentile

0.38x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.31x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

31st percentile

-0.9%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$358,924

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

16th percentile

-3.9%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2017

Revenue Growth

61st percentile

9.2%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2017

Assets

Down

$15,200,829

Down $1,273,932 (-7.7%) from 2015

Net Assets

Down

$9,498,573

Down $139,745 (-1.4%) from 2015

Liabilities

Down

$5,702,256

Down $1,134,187 (-17%) from 2015

Revenue

Up

$18,508,998

Up $2,987,552 (+19%) from 2015

Expenses

Up

$18,683,480

Up $3,180,526 (+21%) from 2015

Net Income

Down

-$174,482

Down $192,974 (-1044%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $9,925,034Liabilities 2010: $2,378,462Net Assets 2010: $7,546,5722010Assets 2011: $14,765,626Liabilities 2011: $4,101,235Net Assets 2011: $10,664,3912011Assets 2012: $27,018,931Liabilities 2012: $16,582,147Net Assets 2012: $10,436,7842012Assets 2013: $21,528,526Liabilities 2013: $11,911,019Net Assets 2013: $9,617,5072013Assets 2014: $16,485,692Liabilities 2014: $6,865,866Net Assets 2014: $9,619,8262014Assets 2015: $16,474,761Liabilities 2015: $6,836,443Net Assets 2015: $9,638,3182015Assets 2017: $15,200,829Liabilities 2017: $5,702,256Net Assets 2017: $9,498,5732017Assets 2018: $19,601,924Liabilities 2018: $8,331,167Net Assets 2018: $11,270,7572018Assets 2019: $21,765,789Liabilities 2019: $7,258,219Net Assets 2019: $14,507,5702019Assets 2020: $29,465,063Liabilities 2020: $12,204,537Net Assets 2020: $17,260,5262020Assets 2021: $30,804,258Liabilities 2021: $11,339,847Net Assets 2021: $19,464,4112021Assets 2022: $34,714,763Liabilities 2022: $13,053,419Net Assets 2022: $21,661,3442022Assets 2023: $32,158,622Liabilities 2023: $9,267,083Net Assets 2023: $22,891,5392023Assets 2024: $34,130,277Liabilities 2024: $7,304,476Net Assets 2024: $26,825,8012024

Highlighted filing

2017

Assets$15,200,829
Liabilities$5,702,256
Net Assets$9,498,573

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $8,111,1612010Expenses 2011: $8,723,1232011Expenses 2012: $11,804,2642012Expenses 2013: $13,718,4112013Revenue 2014: $13,527,911Expenses 2014: $13,525,592Net Income 2014: $2,3192014Revenue 2015: $15,521,446Expenses 2015: $15,502,954Net Income 2015: $18,4922015Revenue 2017: $18,508,998Expenses 2017: $18,683,480Net Income 2017: -$174,4822017Revenue 2018: $20,912,502Expenses 2018: $19,140,318Net Income 2018: $1,772,1842018Revenue 2019: $20,423,938Expenses 2019: $17,187,125Net Income 2019: $3,236,8132019Revenue 2020: $20,327,883Expenses 2020: $17,574,927Net Income 2020: $2,752,9562020Revenue 2021: $21,482,529Expenses 2021: $19,278,644Net Income 2021: $2,203,8852021Revenue 2022: $21,138,850Expenses 2022: $18,941,917Net Income 2022: $2,196,9332022Revenue 2023: $19,206,122Expenses 2023: $17,068,809Net Income 2023: $2,137,3132023Revenue 2024: $29,203,574Expenses 2024: $25,269,312Net Income 2024: $3,934,2622024

Highlighted filing

2017

Revenue$18,508,998
Expenses$18,683,480
Net Income-$174,482
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.1
Gross Receipts
$18,671,362
Mission and Program Overview

Mission

Land conservation and restoration for public benefit

Western reserve land conservancy provides the people of our region with essential natural assets - mature forests, clean water, wildlife habitat, working farmland and public parks - through land conservation and resoration. We envision a region filled with thriving, prosperous communities nourished by vibrant natural areas, working farms and healthy cities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,982,505$10,596,785▲ $614,280
Pledges and Grants Receivable$3,216,565$2,607,177▼ $609,388
Cash and Non-Interest-Bearing Accounts$684,995$1,422,192▲ $737,197
Loans From Officers Directors-$700,000-
Accounts Receivable$42,893$310,979▲ $268,086
Other Notes and Loans Receivable, Net$586,085$175,185▼ $410,900
Prepaid Expenses and Deferred Charges$84,967$88,511▲ $3,544
Total Assets$14,877,720$15,200,829▲ $323,109
Other Assets Total$279,710--
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,408,865$3,722,812▲ $313,947
Other Liabilities$1,524,112$1,123,347▼ $400,765
Accounts Payable and Accrued Expenses$271,688$156,097▼ $115,591
Total Liabilities$5,204,665$5,702,256▲ $497,591
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,318,647$5,133,552▼ $185,095
Unrestricted Net Assets$4,354,408$4,365,021▲ $10,613
Total Net Assets Fund Balance$9,673,055$9,498,573▼ $174,482
Total Liabilities and Net Assets / Fund Balance$14,877,720$15,200,829▲ $323,109

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,325,813$453,663$4,779,476
Other Land Buildings$615,991$319,810$935,801
Equipment$63,033$261,956$324,989
Land$5,591,948-$282,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard CochranPresidentFT$270,000$88,924$358,924
James RokakisVice PresideFT$140,500-$140,500
Dennis BowerChief FinancFT$133,500-$133,500
Keith McclintockVice PresideFT$109,128-$109,128
Robert OwenSecretaryFT$103,820-$103,820
Revenue and Support

Revenue Composition

Contributions and Grants
$12,559,369
Program Service Revenue
$4,878,351
Investment Income
$15,774
Other Revenue
$1,055,504
All Other Contributions
$5,957,820
Change in Net Assets
$-174,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,508,998
Total Revenue per Audited Statements
$18,508,998
Total Revenue per Form 990
$18,508,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,000,157
Salaries, Compensation, and Employee Benefits$3,683,323
Total Fundraising Expense$644,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,564,284$272,995$491,871$3,329,150
All Other Expenses$568,770$8,317$37,667$614,754
Payroll Taxes$172,472$20,890$42,390$235,752
Office Expenses$35$206,513$4,316$210,864
Fees for Services Other$158,020$22,646$14,679$195,345
Depreciation Depletion$193,698--$193,698
Other Expenses$152,330--$152,330
Other Employee Benefits$51,971$35,163$31,287$118,421
Travel$89,209-$10,017$99,226
Interest-$76,418-$76,418
Occupancy-$70,434-$70,434
Insurance-$56,079-$56,079
Fees for Services Accounting-$28,433-$28,433
Advertising--$11,618$11,618
Information Technology$7,008--$7,008
Conferences and Meetings$2,202-$1,028$3,230
Fees for Services Legal-$3,123-$3,123
Total Functional Expenses$17,237,596$801,011$644,873$18,683,480

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,683,480
Total Expenses per Audited Statements$18,683,480
Total Expenses per Form 990$18,683,480
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$347,293
Fundraising Direct Expenses$159,543
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ever Green Ever$416,831$347,293$159,543$187,750
Total Events$416,831$347,293$159,543$187,750
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$700,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$969,917
Deposits - Land Sales$145,055
Capital Lease Obligation$8,375
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
Yes
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, Page 6, Part VI, Line 11B

Form 990 was reviewed and approved by the organization's audit committee prior to filing.

Form 990, Page 6, Part VI, Line 12C

Trustees are required to complete a disclosure form annually. A formalized review process exists to address potential conflict of interest issues as they arise.

Form 990, Page 6, Part VI, Line 15A

The audit committee and/or executive committee members review executive compensation and benefits at least annually.

Form 990, Page 6, Part VI, Line 15B

Key employees are subject to an annual performance and compensation review process.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request at the organization's administrative office.

Filing and Contact Details

Filer

Filer Name
Western Reserve Land Conservancy
EIN
34-1571233
Phone
4405284150
Address
3850 CHAGRIN RIVER RD, MORELAND HILLS, OH 44022

Signing Officer

Name
Dennis Bower
Title
Chief Finance Ofcr
Phone
4407299621
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Cochran
Formed
1987
Legal Domicile
Oh
Voting Board Members
23
Independent Board Members
23
Employees
50
Volunteers
230

Preparer

Firm
Zion Synek & Associates
Address
6000 FREEDOM SQUARE DR STE 220, INDEPENDENCE, OH 44131-2594
Preparer
Kenn M Synek CPA Cva
Phone
2164476006
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Than 1,800 trees in the city of cleveland. Property surveys, vacancy research and demolition: efforts to conduct on- the-ground property surveys to provide cities, townships and villages with information about the current condition of parcels and their structures in order to most effectively target limited demolition and rehabilitation resources. The land conservancy has helped raise enough funds to demolish more than 40,000 dilapidated and abandoned homes.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Stewardship staff identify and document the violation and immediately initiate discussions with general counsel as to its resolution. Each conservation property is monitored at least once a year according to procedures set forth in the organization's stewardship monitoring policy.

Schedule D, Page 1, Part II, Line 9

Easements are carried in the statement of financial position at a nominal value of 1.00. The costs associated with acquiring, maintaining and/or modifying easements are generally expensed as incurred.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF FINANC
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
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IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingGrossIncomeAmt0347293
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/OtherExpensesGrp/Desc2PLEDGE ALLOWANCE
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IRS990/OtherExpensesGrp/TotalAmt2462423
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IRS990/OtherLiabilitiesGrp/BOYAmt01524112
IRS990/OtherLiabilitiesGrp/EOYAmt01123347
IRS990/OtherRevenueMiscGrp/Desc0TRANSACTION FEES
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0491871
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0172472
IRS990/PayrollTaxesGrp/TotalAmt0235752
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03216565

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$7.30$26.8$29.2$25.3$3.93
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$9.27$22.9$19.2$17.1$2.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.7$13.1$21.7$21.1$18.9$2.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$11.3$19.5$21.5$19.3$2.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.5$12.2$17.3$20.3$17.6$2.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$7.26$14.5$20.4$17.2$3.24
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$8.33$11.3$20.9$19.1$1.77
2017Detailed filing. Detailed filing data is available for this year.$15.2$5.70$9.50$18.5$18.7$0.17
2015Detailed filing. Detailed filing data is available for this year.$16.5$6.84$9.64$15.5$15.5$0.02
2014Detailed filing. Detailed filing data is available for this year.$16.5$6.87$9.62$13.5$13.5$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$11.9$9.62$13.7
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$16.6$10.4$11.8
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$4.10$10.7$8.72
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.93$2.38$7.55$8.11