Civic Intelligence

West Creek Preservation Committee

990 • Fiscal year 2017 • EIN 34-1859064

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

PO Box 347113Cleveland, OH 44134

(216) 749-3720

Siviq Scores

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

Liabilities / Assets

44th percentile

0.11x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

38th percentile

$96,110

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2017

Revenue Growth

93rd percentile

106%

Faster revenue growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2017

Assets

Up

$951,304

Up $250,014 (+36%) from 2015

Net Assets

Up

$843,443

Up $300,407 (+55%) from 2015

Liabilities

Down

$107,861

Down $50,393 (-32%) from 2015

Revenue

Up

$7,756,419

Up $5,925,104 (+324%) from 2015

Expenses

Up

$7,476,946

Up $5,755,670 (+334%) from 2015

Net Income

Up

$279,473

Up $169,434 (+154%) from 2015

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 2010: $1,151,107Liabilities 2010: $8,170Net Assets 2010: $1,142,9372010Assets 2011: $974,704Liabilities 2011: $84,073Net Assets 2011: $890,6312011Assets 2013: $397,424Liabilities 2013: $77,677Net Assets 2013: $319,7472013Assets 2014: $161,210Liabilities 2014: $86,535Net Assets 2014: $74,6752014Assets 2015: $701,290Liabilities 2015: $158,254Net Assets 2015: $543,0362015Assets 2017: $951,304Liabilities 2017: $107,861Net Assets 2017: $843,4432017Assets 2019: $3,831,149Liabilities 2019: $876,872Net Assets 2019: $2,954,2772019Assets 2020: $2,936,867Liabilities 2020: $1,189,416Net Assets 2020: $1,747,4512020Assets 2021: $2,888,241Liabilities 2021: $907,952Net Assets 2021: $1,980,2892021Assets 2022: $5,392,927Liabilities 2022: $2,328,618Net Assets 2022: $3,064,3092022Assets 2024: $7,845,548Liabilities 2024: $1,334,299Net Assets 2024: $6,511,2492024

Highlighted filing

2017

Assets$951,304
Liabilities$107,861
Net Assets$843,443

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,006,6952010Expenses 2011: $762,6902011Revenue 2013: $1,085,987Expenses 2013: $1,330,972Net Income 2013: -$244,9852013Revenue 2014: $1,313,600Expenses 2014: $1,527,672Net Income 2014: -$214,0722014Revenue 2015: $1,831,315Expenses 2015: $1,721,276Net Income 2015: $110,0392015Revenue 2017: $7,756,419Expenses 2017: $7,476,946Net Income 2017: $279,4732017Revenue 2019: $6,213,242Expenses 2019: $5,616,716Net Income 2019: $596,5262019Revenue 2020: $6,629,528Expenses 2020: $7,836,354Net Income 2020: -$1,206,8262020Revenue 2021: $8,563,674Expenses 2021: $8,330,836Net Income 2021: $232,8382021Revenue 2022: $10,934,881Expenses 2022: $9,850,861Net Income 2022: $1,084,0202022Revenue 2024: $13,886,400Expenses 2024: $12,681,900Net Income 2024: $1,204,5002024

Highlighted filing

2017

Revenue$7,756,419
Expenses$7,476,946
Net Income$279,473
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$7,866,857
Mission and Program Overview

Mission

Our mission is to enrich the lives of people in greater cleveland by conserving natural habitats, restoring the ecological value and sustainability of urban lands, and expanding neighborhood opportunities to experience nature.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$535,744$623,057▲ $87,313
Cash and Non-Interest-Bearing Accounts$141,225$207,735▲ $66,510
Pledges and Grants Receivable$60,102$85,000▲ $24,898
Accounts Receivable-$24,841-
Prepaid Expenses and Deferred Charges$15,250$10,500▼ $4,750
Total Assets$752,472$951,304▲ $198,832
Other Assets Total$151$171▲ $20
Liabilities
Accounts Payable and Accrued Expenses$127,425$72,284▼ $55,141
Deferred Revenue$61,077$35,577▼ $25,500
Total Liabilities$188,502$107,861▼ $80,641
Net Assets / Fund Balance
Unrestricted Net Assets$423,919$660,872▲ $236,953
Temporarily Rstr Net Assets$139,900$182,400▲ $42,500
Permanently Rstr Net Assets$151$171▲ $20
Total Net Assets Fund Balance$563,970$843,443▲ $279,473
Total Liabilities and Net Assets / Fund Balance$752,472$951,304▲ $198,832

Asset Categories

AssetBook ValueDepreciationBasis
Land$623,057-$623,057
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek SchaferExecutive DiFT$82,777$13,333$96,110

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,979,310
Program Service Revenue
$756,254
Investment Income
$0
Other Revenue
$20,855
All Other Contributions
$5,154,592
Change in Net Assets
$279,473

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 Amount
Real Estate Other7$4,817,050
Total Noncash Contributions7$4,817,050

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,756,419
Total Revenue per Audited Statements
$7,756,419
Total Revenue per Form 990
$7,756,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,454,055
Grants and Similar Amounts Paid$1,750,000
Salaries, Compensation, and Employee Benefits$272,891
Total Fundraising Expense$68,881
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,750,000--$1,750,000
Fees for Services Other$113,221$34,320$3,687$151,228
Other Salaries and Wages$82,798$41,086$22,660$146,544
Other Expenses$120,684--$120,684
Current Officers, Directors, Trustees, and Key Employees$46,769$23,178$12,830$82,777
All Other Expenses$71,650-$5,678$77,328
Other Employee Benefits$14,738$7,240$3,878$25,856
Occupancy$14,564$5,691$3,980$24,235
Office Expenses$12,594$6,997$3,970$23,561
Payroll Taxes$10,097$4,960$2,657$17,714
Advertising--$8,951$8,951
Fees for Services Accounting-$8,143-$8,143
Fees for Services Legal$1,761$6,006$208$7,975
Travel$3,642$66$382$4,090
Insurance-$2,607-$2,607
Total Functional Expenses$7,267,771$140,294$68,881$7,476,946

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,476,946
Total Expenses per Audited Statements$7,476,946
Total Expenses per Form 990$7,476,946
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Parma Community Improve CorpParma, OHC3Conservation-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$110,438
Fundraising Gross Income$110,438
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Up a Creek$150,623$110,438$5,362$105,076
Total Events$150,623$110,438$110,438-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Dorothy l. Hazel irvin e. Hazel director director spouse

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to finance staff, executive director and finance committee for review and approval. The budget and finance committee is delegated authority by the board to approve the 990 for filing. The board received the form 990 before it is electronically filed.

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

Each year, the board members are asked to review the organization's conflict of interest policy, among other things, the policy makes it clear that all decisions of the board officers and employees of the organization are made solely on the basis of a desire to promote the best interest of the organization and the public good. The conflict of interest statement requests board members to identify to the best of their knowledge affiliations with organizations that may be potentially related to the financial or other substantive operations of the organization. They are also asked to identify circumstances involving either themselves, or a member of their extended family, that may be construed as a conflict of interest at the staff level, the organization's personnel also ensure that there are no conflicts of interest when considering the engagement of a new vendor. If a potential conflict is identified, appropriate steps are taken to both assess the nature of the potential conflict and, subsequently, to ensure that the possibility of an actual conflict is mitigated. Such mitigation is managed and the letter and spirit of the conflicts policy are upheld. ....

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

The executive committee annually evaluates the performance of the executive director. Compensation is based on performance and compared to other area mission-comparable organizations of similar size. This compensation is a component of the budget, which is reviewed and approved by the board as a whole.

Form 990, Page 6, Part VI, Line 19

The organization's current governing documents, form 990, conflicts of interest policy, and financial statements are made available to the public upon request. The form 990 can also be found on several publically- accessible websites.

Filing and Contact Details

Filer

Filer Name
West Creek Conservancy
EIN
34-1859064
Phone
2167493720
Address
PO BOX 347113, CLEVELAND, OH 44134

Signing Officer

Name
Derek Schafer
Title
Executive Director
Phone
2167493720
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derek Schafer
Formed
2000
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
900

Preparer

Firm
H & J Certified Public Accountants Inc
Address
7555 FREDLE DR STE 110, CONCORD, OH 44077
Preparer
Rolland B Standish
Phone
4409512997
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to enrich the lives of people in greater cleveland by conserving natural habitats, restoring the ecological value and sustainability of urban lands, and expanding neighborhood opportunities to experience nature.

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

Because greater cleveland is our home, and we want it to be as great of a place to live as possible. We invite you to help west creek conservancy make cleveland a greener place to live. The organization collaborates with individuals, landowners, non- profits, community groups, municipalities, and businesses on many different conservation, clean water, land re-use, and trail projects. We have many opportunities for volunteers, as well as opportunities to get outside, learn about, and enjoy our local environment. Whether you attend a meeting or outing, make a donation, protect your land, or volunteer, your participation makes a difference.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

The organization has a policy for monitoring and enforcing the conservation easements and environmental covenants it holds.

Schedule D, Page 1, Part II, Line 9

Land that is permanently restricted for conservation, easements, and covenants, which were acquired through purchases and contributions since the organization's inception, are generally recognized at a value of 1 per permanent parcel number (ppn) on the statements of financial position (including development rights). Management classifies these acquisitions as a "collection," as defined in asc topic 958, due to its intent to hold these assets in perpetuity for conservation purposes. Because management believes the value of these parcels has been impaired, as defined in asc topic 360, at acquisition due to the restrictive covenants placed on these parcels, direct costs associated with the acquisition of land, easements, or covenants are expensed in the year incurred.

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code (the "code") as a charitable organization whereby only unrelated business income, as defined by section 509(a) of the code, is subject to federal income tax. The organization currently has no unrelated business income. Accordingly, no provision for income taxes has been recorded. The organization is classified as a public charity described in section 509(a)(3) of the code and specifically as a public charity described in irc sections 509(a)(1) and 170(b)(1)(a)(vi). The organization's policy is to record a liability for any tax position taken that is beneficial to the organization, including penalties and interest, when it is more likely than not the position taken will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2017 and, accordingly, no liability has been accrued.

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IRS990/Desc0WEST CREEK CONSERVANCY (FORMERLY WEST CREEK PRESERVATION COMMITTEE) PROTECTS LOCAL NATURAL AREAS, OPEN SPACES, STREAMS AND WATERWAYS RIGHT HERE IN OUR COMMUNITY. WERE RECLAIMING VACANT URBAN LANDS AND RESTORING STREAMS, WETLANDS, WOODS AND NATURAL HABITATS. AND WERE ESTABLISHING TRAILS AND GREENWAYS TO LINK PEOPLE AND NEIGHBORHOODS NOT ONLY TO THESE SPECIAL PLACES, BUT TO EACH OTHER AS WELL. AT WEST CREEK CONSERVANCY, WE BELIEVE THAT CLEAN STREAMS AND RIVERS, ABUNDANT NATURAL AREAS, NEIGHBORHOOD GREEN SPACE, AND BEAUTIFUL WALKING AND BIKING TRAILS ARE AN IMPORTANT PART OF HEALTHY, VIBRANT, SUCCESSFUL COMMUNITIES. WE ARE DEDICATED TO OUR MISSION OF LOCAL CONSERVATION BECAUSE GREATER CLEVELAND IS OUR HOME, AND WE WANT IT TO BE AS GREAT OF A PLACE TO LIVE AS POSSIBLE. WE INVITE YOU TO HELP WEST CREEK CONSERVANCY MAKE CLEVELAND A GREENER PLACE TO LIVE. THE ORGANIZATION COLLABORATES WITH INDIVIDUALS, LANDOWNERS, NON- PROFITS, COMMUNITY GROUPS, MUNICIPALITIES, AND BUSINESSES ON MANY DIFFERENT CONSERVATION, CLEAN WATER, LAND RE-USE, AND TRAIL PROJECTS. WE HAVE MANY OPPORTUNITIES FOR VOLUNTEERS, AS WELL AS OPPORTUNITIES TO GET OUTSIDE, LEARN ABOUT, AND ENJOY OUR LOCAL ENVIRONMENT. WHETHER YOU ATTEND A MEETING OR OUTING, MAKE A DONATION, PROTECT YOUR LAND, OR VOLUNTEER, YOUR PARTICIPATION MAKES A DIFFERENCE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/MissionDesc0OUR MISSION IS TO ENRICH THE LIVES OF PEOPLE IN GREATER CLEVELAND BY CONSERVING NATURAL HABITATS, RESTORING THE ECOLOGICAL VALUE AND SUSTAINABILITY OF URBAN LANDS, AND EXPANDING NEIGHBORHOOD OPPORTUNITIES TO EXPERIENCE NATURE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A POLICY FOR MONITORING AND ENFORCING THE CONSERVATION EASEMENTS AND ENVIRONMENTAL COVENANTS IT HOLDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LAND THAT IS PERMANENTLY RESTRICTED FOR CONSERVATION, EASEMENTS, AND COVENANTS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, ARE GENERALLY RECOGNIZED AT A VALUE OF 1 PER PERMANENT PARCEL NUMBER (PPN) ON THE STATEMENTS OF FINANCIAL POSITION (INCLUDING DEVELOPMENT RIGHTS). MANAGEMENT CLASSIFIES THESE ACQUISITIONS AS A "COLLECTION," AS DEFINED IN ASC TOPIC 958, DUE TO ITS INTENT TO HOLD THESE ASSETS IN PERPETUITY FOR CONSERVATION PURPOSES. BECAUSE MANAGEMENT BELIEVES THE VALUE OF THESE PARCELS HAS BEEN IMPAIRED, AS DEFINED IN ASC TOPIC 360, AT ACQUISITION DUE TO THE RESTRICTIVE COVENANTS PLACED ON THESE PARCELS, DIRECT COSTS ASSOCIATED WITH THE ACQUISITION OF LAND, EASEMENTS, OR COVENANTS ARE EXPENSED IN THE YEAR INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE (THE "CODE") AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE ORGANIZATION CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE ORGANIZATION IS CLASSIFIED AS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(3) OF THE CODE AND SPECIFICALLY AS A PUBLIC CHARITY DESCRIBED IN IRC SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING PENALTIES AND INTEREST, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2017 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
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