Civic Intelligence

Western Reserve Land Conservancy

990 • Fiscal year 2019 • EIN 34-1571233

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 02, 2020

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

62nd percentile

0.33x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.36x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$1

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-2.3%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$21,765,789

Up $2,163,865 (+11%) from 2018

Net Assets

Up

$14,507,570

Up $3,236,813 (+29%) from 2018

Liabilities

Down

$7,258,219

Down $1,072,948 (-13%) from 2018

Revenue

Down

$20,423,938

Down $488,564 (-2.3%) from 2018

Expenses

Down

$17,187,125

Down $1,953,193 (-10%) from 2018

Net Income

Up

$3,236,813

Up $1,464,629 (+83%) from 2018

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

2019

Assets$21,765,789
Liabilities$7,258,219
Net Assets$14,507,570

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

2019

Revenue$20,423,938
Expenses$17,187,125
Net Income$3,236,813
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 2, 2020
Return Version
2018v3.2
Gross Receipts
$20,731,711
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 restoration. 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$11,525,219$10,715,211▼ $810,008
Pledges and Grants Receivable$3,821,111$6,137,029▲ $2,315,918
Cash and Non-Interest-Bearing Accounts$2,690,557$3,114,505▲ $423,948
Loans From Officers Directors$2,880,000--
Other Notes and Loans Receivable, Net$1,237,932$1,260,501▲ $22,569
Accounts Receivable$235,218$444,705▲ $209,487
Prepaid Expenses and Deferred Charges$91,887$93,838▲ $1,951
Total Assets$19,601,924$21,765,789▲ $2,163,865
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,940,812$6,007,154▲ $2,066,342
Other Liabilities$1,301,856$1,004,889▼ $296,967
Accounts Payable and Accrued Expenses$208,499$246,176▲ $37,677
Total Liabilities$8,331,167$7,258,219▼ $1,072,948
Net Assets / Fund Balance
Unrestricted Net Assets$1,905,003$9,346,782▲ $7,441,779
Temporarily Rstr Net Assets$9,365,754$5,160,788▼ $4,204,966
Total Net Assets Fund Balance$11,270,757$14,507,570▲ $3,236,813
Total Liabilities and Net Assets / Fund Balance$19,601,924$21,765,789▲ $2,163,865

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,141,074$645,562$4,786,636
Other Land Buildings$317,721$407,253$724,974
Equipment$275,861$306,132$581,993
Land$5,980,555-$282,839
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dennis BowerChief Financ$1$1
Revenue and Support

Revenue Composition

Contributions and Grants
$13,471,626
Program Service Revenue
$5,179,229
Investment Income
$65,715
Other Revenue
$1,707,368
All Other Contributions
$8,602,933
Change in Net Assets
$3,236,813

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,423,938
Total Revenue per Audited Statements
$20,423,938
Total Revenue per Form 990
$20,423,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,426,148
Salaries, Compensation, and Employee Benefits$3,760,977
Total Fundraising Expense$865,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,345,011$320,248$513,540$3,178,799
Other Expenses$889,458--$889,458
Other Employee Benefits$288,784$33,489$41,322$363,595
All Other Expenses$191,706-$171,144$362,850
Fees for Services Other$205,292$48,287$55,888$309,467
Office Expenses$118,090$74,619$46,916$239,625
Payroll Taxes$157,774$24,274$36,535$218,583
Depreciation Depletion$190,022--$190,022
Interest-$104,211-$104,211
Insurance$21,832$58,700-$80,532
Occupancy$66,170--$66,170
Total Functional Expenses$15,657,952$663,828$865,345$17,187,125

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,187,125
Total Expenses per Audited Statements$17,187,125
Total Expenses per Form 990$17,187,125
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$375,462
Fundraising Direct Expenses$301,604
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ever Green Ever$475,883$375,462$301,604$73,858
Total Events$475,883$375,462$301,604$73,858
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$2,880,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits - Land Sales$866,090
Accrued Expenses$138,799
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.

Form 990, Part VII

(d) reportable compensation dennis bower 134,625 richard cochran 319,121 stella dilik 176,576 robert owen 106,257 james rokakis 137,229 (f) other compensation richard cochran 44,236 stella dilik 5,000

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
2020-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Cochran
Formed
1987
Legal Domicile
Oh
Voting Board Members
30
Independent Board Members
30
Employees
55
Volunteers
650

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

Urban revitalization, reforestation, and greening: western reserve land conservancy's thriving communities program helps remove vacant and dilapidated homes, plant trees, and create parks and new green spaces in urban areas, transforming neighborhoods into safer, more attractive, and more vibrant places. Program initiatives include: establish land banks - the land conservancy has helped establish and support 55+ county land banks throughout ohio. Land banks provide much- needed ability to quickly acquire foreclosed and vacant properties and return them to productive use. Urban reforestation and greening - the land conservancy leads efforts to restore urban tree canopy by offering expert assistance to cities, community organizations, and neighborhood groups; conducting tree inventories; and providing hands-on planting and maintenance training. Through this initiative, the land conservancy has planted and distributed more than 13,500 trees. Property inventories and vacancy research - the land conservancy conducts on-the-ground property inventories to provide cities with information about the current condition of parcels and their structures in order to most effectively target limited demolition and rehabilitation resources. Housing trends and vacancy research helps inform this effort. The land conservancy has helped raise funds for communities across ohio to demolish 35,000+ dilapidated and vacant homes, making neighborhoods safer and more vibrant.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Stewardship staff identify and document the violation and immediately initiate discussion 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/PersonNm29WILSON LOYAL W
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IRS990/Form990PartVIISectionAGrp/PersonNm34JAMES ROKAKIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30CHIEF FINANC
IRS990/Form990PartVIISectionAGrp/TitleTxt31PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32CHIEF DEV OF
IRS990/Form990PartVIISectionAGrp/TitleTxt33SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt34VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0100421
IRS990/FundraisingDirectExpensesAmt0301604
IRS990/FundraisingGrossIncomeAmt0375462
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt020731711
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt021832
IRS990/InsuranceGrp/TotalAmt080532
IRS990/InterestGrp/ManagementAndGeneralAmt0104211
IRS990/InterestGrp/TotalAmt0104211
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/OtherExpensesGrp/Desc0COST OF LAND SOLD
IRS990/OtherExpensesGrp/Desc1PURCHASED EASEMENTS
IRS990/OtherExpensesGrp/Desc2PROJECT RELATED EXPENSES
IRS990/OtherExpensesGrp/Desc3OTHER CONSERVATION EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt08379870
IRS990/OtherExpensesGrp/ProgramServicesAmt11664631
IRS990/OtherExpensesGrp/ProgramServicesAmt21139312
IRS990/OtherExpensesGrp/ProgramServicesAmt3889458
IRS990/OtherExpensesGrp/TotalAmt08379870
IRS990/OtherExpensesGrp/TotalAmt11664631
IRS990/OtherExpensesGrp/TotalAmt21139312
IRS990/OtherExpensesGrp/TotalAmt3889458
IRS990/OtherLiabilitiesGrp/BOYAmt01301856
IRS990/OtherLiabilitiesGrp/EOYAmt01004889
IRS990/OtherRevenueMiscGrp/Desc0TRANSACTION FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01633510
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01633510
IRS990/OtherRevenueTotalAmt01633510
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0513540
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0320248
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02345011
IRS990/OtherSalariesAndWagesGrp/TotalAmt03178799
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01237932
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01260501

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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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