Civic Intelligence

Wawasee Area Conservancy Foundation Inc.

990 • Fiscal year 2021 • EIN 35-1832807

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

PO Box 548Syracuse, IN 46567

(574) 457-4549

Siviq Scores

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

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

1.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

86th percentile

49%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

55th percentile

12%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-2.6%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,376,345

Up $1,441,957 (+21%) from 2019

Net Assets

Up

$7,080,722

Up $1,359,857 (+24%) from 2019

Liabilities

Up

$1,295,623

Up $82,100 (+6.8%) from 2019

Revenue

Up

$1,070,182

Up $380,077 (+55%) from 2019

Expenses

Down

$550,871

Down $49,650 (-8.3%) from 2019

Net Income

Up

$519,311

Up $429,727 (+480%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $3,882,948Liabilities 2010: $179,915Net Assets 2010: $3,703,0332010Assets 2011: $3,934,745Liabilities 2011: $259,134Net Assets 2011: $3,675,6112011Assets 2012: $4,306,571Liabilities 2012: $674,375Net Assets 2012: $3,632,1962012Assets 2013: $4,933,010Liabilities 2013: $668,961Net Assets 2013: $4,264,0492013Assets 2014: $4,744,364Liabilities 2014: $293,056Net Assets 2014: $4,451,3082014Assets 2015: $4,898,246Liabilities 2015: $161,875Net Assets 2015: $4,736,3712015Assets 2016: $5,634,790Liabilities 2016: $507,635Net Assets 2016: $5,127,1552016Assets 2017: $6,260,685Liabilities 2017: $700,426Net Assets 2017: $5,560,2592017Assets 2018: $6,871,658Liabilities 2018: $1,240,377Net Assets 2018: $5,631,2812018Assets 2019: $6,934,388Liabilities 2019: $1,213,523Net Assets 2019: $5,720,8652019Assets 2021: $8,376,345Liabilities 2021: $1,295,623Net Assets 2021: $7,080,7222021Assets 2024: $10,281,972Liabilities 2024: $1,117,183Net Assets 2024: $9,164,7892024

Highlighted filing

2021

Assets$8,376,345
Liabilities$1,295,623
Net Assets$7,080,722

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2010: $236,0672010Expenses 2011: $226,4332011Expenses 2012: $337,9452012Revenue 2013: $902,103Expenses 2013: $270,250Net Income 2013: $631,8532013Revenue 2014: $461,747Expenses 2014: $274,488Net Income 2014: $187,2592014Revenue 2015: $577,494Expenses 2015: $292,431Net Income 2015: $285,0632015Revenue 2016: $698,206Expenses 2016: $307,422Net Income 2016: $390,7842016Revenue 2017: $797,926Expenses 2017: $364,822Net Income 2017: $433,1042017Revenue 2018: $363,749Expenses 2018: $292,727Net Income 2018: $71,0222018Revenue 2019: $690,105Expenses 2019: $600,521Net Income 2019: $89,5842019Revenue 2021: $1,070,182Expenses 2021: $550,871Net Income 2021: $519,3112021Revenue 2024: $1,122,542Expenses 2024: $839,785Net Income 2024: $282,7572024

Highlighted filing

2021

Revenue$1,070,182
Expenses$550,871
Net Income$519,311
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$1,070,182
Mission and Program Overview

Mission

Preserve and enhance the wawasee watershed

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,331,871$6,957,333▲ $625,462
Cash and Non-Interest-Bearing Accounts$458,795$291,044▼ $167,751
Savings and Temporary Cash Investments$6,115$6,118▲ $3
Total Assets$7,511,125$8,376,345▲ $865,220
Other Assets Total$714,344$1,121,850▲ $407,506
Liabilities
Unsecured Notes Loans Payable$1,185,295$1,295,623▲ $110,328
Total Liabilities$1,185,295$1,295,623▲ $110,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,325,830$7,080,722▲ $754,892
Total Net Assets Fund Balance$6,325,830$7,080,722▲ $754,892
Total Liabilities and Net Assets / Fund Balance$7,511,125$8,376,345▲ $865,220

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$129,899$110,284-
Land$6,790,800--
Equipment$36,634$84,236-
Other Assets Org$8,147--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John BearssChairman
Becky LevinsonDirector
Beth MorrisDirector
Bill MccullyDirector
Chris RobertsDirector
Cindy PetersonDirector
Dan KileyDirector
Jay JorgensenDirector
Joan SzynalDirector
Robert FanningDirector
Russell AndersonDirector
Shannon SilcoxDirector
Terry ClapacsDirector
Thomas YoderDirector
Tom CottrellDirector
Tom KelleyDirector
William HessDirector
Priscilla BrownDevelopment
Pam SchummEducation of
Heather HarwoodExecutive Di
Jeff HerdrichLand Mgmt of
Donn BairdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,043,005
Program Service Revenue
$0
Investment Income
$39
Other Revenue
$27,138
All Other Contributions
$874,448
Change in Net Assets
$519,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$550,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$59,547$6,283-$65,830
Interest$52,914--$52,914
Advertising$20,415$6,570-$26,985
All Other Expenses$7,758$18,447-$26,205
Depreciation Depletion-$21,139-$21,139
Office Expenses$7,242$11,082-$18,324
Other Expenses$10,867$19,682-$10,867
Conferences and Meetings$9,687$50-$9,737
Fees for Services Legal-$9,133-$9,133
Insurance-$8,668-$8,668
Fees for Services Accounting-$3,040-$3,040
Total Functional Expenses$385,621$165,250$0$550,871
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
Subject to proxy tax
No
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

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

Since the staff and board members are volunteers the executive director will review the 990 tax return prior to filing. If there are any unusual or unexpected items the board memebers will be contacted for further discussion on such items.

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

Conflict of interest is self monitored and if any is noted it is discussed and resolved at the board meetings

Form 990, Page 6, Part VI, Line 19

Organization documents have to be made available upon request. A reasonable copy charge may be assessed.

Filing and Contact Details

Filer

Filer Name
Wawasee Area Conservancy Foundation
EIN
35-1832807
Phone
5744574549
Address
PO BOX 548, SYRACUSE, IN 46567

Signing Officer

Name
Heather Harwood
Title
Executive Director
Phone
5744574549
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Harwood
Formed
1991
Legal Domicile
In
Voting Board Members
19
Independent Board Members
19
Employees
0

Preparer

Firm
David Culp & Co Llp
Address
7321 W JEFFERSON BLVD, FT WAYNE, IN 46804
Preparer
Daniel L Braun Ea
Phone
2604327033
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 21,139

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06325830
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07080722
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011082
IRS990/OfficeExpensesGrp/ProgramServicesAmt07242
IRS990/OfficeExpensesGrp/TotalAmt018324
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0714344
IRS990/OtherAssetsTotalGrp/EOYAmt01121850
IRS990/OtherExpensesGrp/Desc0WATER TESTING
IRS990/OtherExpensesGrp/Desc1OUTSIDE ADMIN SERVICES
IRS990/OtherExpensesGrp/Desc2PROPERTY MAINTENANCE
IRS990/OtherExpensesGrp/Desc3AQUATIC WEED TREATMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119682
IRS990/OtherExpensesGrp/ProgramServicesAmt0177000
IRS990/OtherExpensesGrp/ProgramServicesAmt138750
IRS990/OtherExpensesGrp/ProgramServicesAmt21441
IRS990/OtherExpensesGrp/ProgramServicesAmt310867
IRS990/OtherExpensesGrp/TotalAmt0177000
IRS990/OtherExpensesGrp/TotalAmt199906
IRS990/OtherExpensesGrp/TotalAmt221123
IRS990/OtherExpensesGrp/TotalAmt310867
IRS990/OtherRevenueMiscGrp/Desc0PROMOTIONAL ITEMS
IRS990/OtherRevenueMiscGrp/Desc1PAYMENTS FROM FOUNDATIONS
IRS990/OtherRevenueMiscGrp/ExclusionAmt013192
IRS990/OtherRevenueMiscGrp/ExclusionAmt111859
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111859
IRS990/OtherRevenueTotalAmt025051
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HEATHER HARWOOD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01070340
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0493568
IRS990/PYOtherRevenueAmt028178
IRS990/PYRevenuesLessExpensesAmt0604965
IRS990/PYTotalExpensesAmt0493568
IRS990/PYTotalRevenueAmt01098533
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0519311
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt02087
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06115
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01043005
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01070340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0655873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0341927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0776577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03887722
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02181
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt025051
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt028178
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt034215
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt021812
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt021336
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0130592
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02181
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04018314
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01068056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01098518
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0690088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0363739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0797913
IRS990ScheduleA/Total509Grp/TotalAmt04018314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01070182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01098533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0690105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0363749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0797926
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04020495
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0129899
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0110284
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0240183
IRS990ScheduleD/EquipmentGrp/BookValueAmt036634
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084236
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0120870
IRS990ScheduleD/LandGrp/BookValueAmt06790800
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt06790800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0869434
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1130376
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2113893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt38147
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0KOSCIUSKO CO COMMUNITY FDTN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROCESS - PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DAVIDSON RESTRICTIVE COVENANT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3KCCF - WACF AGENCY ENDOWMENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06957333
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01121850
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SINCE THE STAFF AND BOARD MEMBERS ARE VOLUNTEERS THE EXECUTIVE DIRECTOR WILL REVIEW THE 990 TAX RETURN PRIOR TO FILING. IF THERE ARE ANY UNUSUAL OR UNEXPECTED ITEMS THE BOARD MEMEBERS WILL BE CONTACTED FOR FURTHER DISCUSSION ON SUCH ITEMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST IS SELF MONITORED AND IF ANY IS NOTED IT IS DISCUSSED AND RESOLVED AT THE BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION DOCUMENTS HAVE TO BE MADE AVAILABLE UPON REQUEST. A REASONABLE COPY CHARGE MAY BE ASSESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 21,139
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$1.12$9.16$1.12$0.84$0.28
2021Detailed filing. Detailed filing data is available for this year.$8.38$1.30$7.08$1.07$0.55$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$1.21$5.72$0.69$0.60$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$1.24$5.63$0.36$0.29$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$0.70$5.56$0.80$0.36$0.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.63$0.51$5.13$0.70$0.31$0.39
2015Detailed filing. Detailed filing data is available for this year.$4.90$0.16$4.74$0.58$0.29$0.29
2014Detailed filing. Detailed filing data is available for this year.$4.74$0.29$4.45$0.46$0.27$0.19
2013Detailed filing. Detailed filing data is available for this year.$4.93$0.67$4.26$0.90$0.27$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.67$3.63$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$0.26$3.68$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.18$3.70$0.24