Civic Intelligence

Conserve Lake County

990 • Fiscal year 2015 • EIN 36-3989864

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 07, 2016

32492 N Almond RdGrayslake, IL 60030

(847) 548-5989

Siviq Scores

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

Liabilities / Assets

28th percentile

0.02x

Higher debt load relative to assets than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.15x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

6th percentile

-55%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

44th percentile

$49,231

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

15th percentile

-8.1%

Faster asset growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-23%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,995,967

Down $264,702 (-8.1%) from 2014

Net Assets

Down

$2,945,491

Down $189,911 (-6.1%) from 2014

Liabilities

Down

$50,476

Down $74,791 (-60%) from 2014

Revenue

Down

$338,434

Down $100,869 (-23%) from 2014

Expenses

Down

$524,548

Down $114,033 (-18%) from 2014

Net Income

Up

-$186,114

Up $13,164 (+6.6%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,446,456Liabilities 2010: $135,371Net Assets 2010: $3,311,0852010Assets 2012: $3,572,129Liabilities 2012: $96,187Net Assets 2012: $3,475,9422012Assets 2013: $3,544,046Liabilities 2013: $100,973Net Assets 2013: $3,443,0732013Assets 2014: $3,260,669Liabilities 2014: $125,267Net Assets 2014: $3,135,4022014Assets 2015: $2,995,967Liabilities 2015: $50,476Net Assets 2015: $2,945,4912015Assets 2016: $2,793,911Liabilities 2016: $38,830Net Assets 2016: $2,755,0812016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2015

Assets$2,995,967
Liabilities$50,476
Net Assets$2,945,491

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $593,8272010Expenses 2012: $663,2172012Revenue 2013: $606,785Expenses 2013: $661,035Net Income 2013: -$54,2502013Revenue 2014: $439,303Expenses 2014: $638,581Net Income 2014: -$199,2782014Revenue 2015: $338,434Expenses 2015: $524,548Net Income 2015: -$186,1142015Revenue 2016: $290,343Expenses 2016: $493,467Net Income 2016: -$203,1242016Revenue 2017: $189,455Expenses 2017: $501,243Net Income 2017: -$311,7882017

Highlighted filing

2015

Revenue$338,434
Expenses$524,548
Net Income-$186,114
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 7, 2016
Return Version
2015v2.1
Gross Receipts
$1,063,905
Mission and Program Overview

Mission

Conserve lake county is a non-profit organization dedicated to preserving and stewarding natural lands and farmland throughout lake county, illinois. Since 2004, we have preserved over 450 acres of open land in partnerships with private landowners. The organization also fosters land stewardship on public and private lands and offers a variety of education activities that inspire and teach people to care for the county's open land. The support of volunteers, members, businesses, and foundations is vital to our success.our work benefits the people of lake county by supporting the health and quality of life of their communities. Our work also benefits our county's rich diversity of plants and animals. Lake county is, in fact, of special state-wide significance. It provides sanctuary to more than 130 threatened and endangered species, the most of any county in the state.

Preserve open land, restore natural areas, and inspire a commitment to land conservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,717,503$2,077,247▼ $640,256
Cash and Non-Interest-Bearing Accounts$143,070$486,895▲ $343,825
Investments in Publicly Traded Securities$316,169$316,239▲ $70
Pledges and Grants Receivable$35,000$82,586▲ $47,586
Other Notes and Loans Receivable, Net$31,233$22,941▼ $8,292
Prepaid Expenses and Deferred Charges$3,675$5,615▲ $1,940
Accounts Receivable$10,378$4,000▼ $6,378
Intangible Assets$3,641$444▼ $3,197
Total Assets$3,260,669$2,995,967▼ $264,702
Liabilities
Unsecured Notes Loans Payable$53,000--
Accounts Payable and Accrued Expenses$42,912$21,834▼ $21,078
Deferred Revenue$27,855$20,891▼ $6,964
Other Liabilities$1,500$7,751▲ $6,251
Total Liabilities$125,267$50,476▼ $74,791
Net Assets / Fund Balance
Unrestricted Net Assets$2,892,822$2,563,816▼ $329,006
Temporarily Rstr Net Assets$242,580$381,675▲ $139,095
Total Net Assets Fund Balance$3,135,402$2,945,491▼ $189,911
Total Liabilities and Net Assets / Fund Balance$3,260,669$2,995,967▼ $264,702

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,520,031-$1,520,031
Buildings$522,821$95,944$618,765
Other Land Buildings$32,362$17,733$50,095
Equipment$2,033$26,868$28,901
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David NeuExecutive DirectorFT$49,231$49,231

Board Members and Trustees

NameTitle
Keith GrayChairman
Gary MitchinerVice Chairman
Amy Knutson-strackDirector
Bob StanleyDirector
Carol CalabresaDirector
Dan TimmDirector
Debbie MaurerDirector
Deidre SchwartzDirector
Dr Jenny WojcikDirector
Fabrice ZamoloDirector
Katianna BernardyDirector
Kelly CartwrightDirector
Lawrence FalbeDirector
Lydia ScottDirector
Shelia LeeDirector
Tom MilliganDirector
Sarah SimpsonSecretary
Paul KarlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$429,869
Program Service Revenue
$46,505
Investment Income
$-153,609
Other Revenue
$15,669
All Other Contributions
$315,512
Change in Net Assets
$-186,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$356,277
Revenue Not Reported on Financial Statements
$-17,843
Revenue Not Reported on Form 990
$63,881
Other Revenue Adjustments
$-17,843
Total Revenue per Audited Statements
$420,158
Total Revenue per Form 990
$338,434
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$355,526
Other Expenses$169,022
Total Fundraising Expense$82,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,370$75,493$55,883$257,746
Current Officers, Directors, Trustees, and Key Employees$7,620$29,736$11,875$49,231
Depreciation Depletion$31,106$7,388-$38,494
Occupancy$19,797$2,312$1,879$23,988
Payroll Taxes$10,306$8,094$5,211$23,611
Other Employee Benefits$5,370$17,293$36$22,699
Office Expenses$10,225$5,601$3,216$19,042
Fees for Services Accounting-$15,565-$15,565
Fees for Services Other$4,524$7,906$1,020$13,450
Insurance$4,868$4,963$1,597$11,428
Conferences and Meetings$9,178$1,868$198$11,244
Other Expenses$1,696$1,963$24$3,683
All Other Expenses$2,974$669$26$3,669
Travel$2,064$171$157$2,392
Pension Plan Contributions$2,239--$2,239
Interest-$1,782-$1,782
Fees for Services Legal$58--$58
Total Functional Expenses$253,550$188,372$82,626$524,548

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$610,069
Expenses per Audited Statements$524,548
Total Expenses per Form 990$524,548
Expenses Not Reported on Form 990$85,521
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$55,419
Fundraising Gross Income$20,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Prairie Harvest$93,835$20,200$40,586$-20,386
Total Events$93,835$20,200$55,419$-35,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Grantor$6,251
Security Deposit$1,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Article ii section 1 of the organization's bylaws states: "the corporation shall have one class of members. Members shall be those individuals who annually pay the dues established from time to time by the board of directors. The board of directors may establish additional eligibility requirements for members."

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

The members, per its bylaws, elect the governing body directors at its annual meeting of the members.

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

Article ii section 5 of the organization's bylaws states: "the only matter on which members are entitled to vote is the election and removal of directors. Each member is entitled to one vote in the election and removal of directors. Members shall have no other voting rights in this corporation."

Form 990, Part VI, Section B, Line 11

Form 990 was reviewed and approved by the finance and audit committee and electronically disseminated via email to all board members before filing.

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

Each board and staff member is required to fill out a disclosure statement annually. Any identified conflict is reviewed and monitored by the executive committee.

Form 990, Part VI, Section B, Line 15A

The executive committee of the board (comprised of officers) reviews the performance and compensation of the executive director annually. The executive director is evaluated based on the goals outlined in the annual workplan, written by the executive director and approved by the board. Every two to three years a compensation study is enacted by the executive committee to compare salaries of comparable positions in the region. There are no other officers or key employees receiving compensation that would require such a review.

Form 990, Part VI, Section C, Line 19

The organization will provide the governing documents, conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Conserve Lake County
EIN
36-3989864
Phone
8475485989
Address
32492 N ALMOND RD, GRAYSLAKE, IL 60030

Signing Officer

Name
Gary Mitchiner
Title
Chairman
Phone
8475485989
Signed
2016-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Mitchiner
Formed
1994
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
150

Preparer

Firm
Warady & Davis Llp
Address
1717 DEERFIELD RD SUITE 300S, DEERFIELD, IL 60015
Preparer
Susan Greggo
Phone
8472679600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

The process regarding the audit committee's oversight of the audit and review of the financial statements has remained consistent with the prior year process.

Financial Statement Notes

PART X, LINE 2:

The organization has adopted the guidance in the fasb codification topic related to uncertainty in income taxes which prescribes a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements uncertain tax positions that the organization has taken or expects to take in its tax returns. Under the guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is "more likely than not" that it is sustainable, based on its technical merits. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. The organization believes that it has appropriate support for the positions taken on its returns.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental property expenses -17,843.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental property expenses 17,843.

Schedule D, Part II, Line 9

The organization accepts responsibility for monitoring and maintaining easements donated by landowners to preserve significant natural resources for the benefit of the community. Cash contributions are accepted to fund these project activities. No value is assigned to the easements as transference of property title has not occurred. Conserve lake county holds five conservation easements on 244 acres of land in lake county.

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IRS990/Desc0LAND PRESERVATION: IN PARTNERSHIP WITH LANDOWNERS, CONSERVE LAKE COUNTY PRESERVES NATURAL AREAS AND FARMLAND IN LAKE COUNTY THROUGH A VARIETY OF METHODS. THESE METHODS INCLUDE CONSERVATION EASEMENT, LAND DONATION, AND ACQUISITION AS WE DID IN 2007 WITH THE PURCHASE OF CASEY FARM. SOMETIMES WE PLAY A VALUABLE ROLE AS A CATALYST AND FACILITATOR. FOR EXAMPLE, WE ENCOURAGED A LOCAL FAMILY TO SELL AN IMPORTANT PARCEL TO THE FOREST PRESERVE DISTRICT AND HELPED THEM WORK OUT MUTUALLY AGREEABLE TERMS. THROUGH POLICY, PLANNING, AND ADVOCACY INITIATIVES WE ALSO HELP BRING ABOUT LAND PRESERVATION SUCCESSES. ONE EXAMPLE IS THE LIBERTY PRAIRIE RESERVE WHERE COLLABORATIVE PLANNING HAS RESULTED IN 3,400 ACRES BEING PRESERVED BY PUBLIC AND PRIVATE PARTNERS.
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IRS990/MissionDesc0CONSERVE LAKE COUNTY IS A NON-PROFIT ORGANIZATION DEDICATED TO PRESERVING AND STEWARDING NATURAL LANDS AND FARMLAND THROUGHOUT LAKE COUNTY, ILLINOIS. SINCE 2004, WE HAVE PRESERVED OVER 450 ACRES OF OPEN LAND IN PARTNERSHIPS WITH PRIVATE LANDOWNERS. THE ORGANIZATION ALSO FOSTERS LAND STEWARDSHIP ON PUBLIC AND PRIVATE LANDS AND OFFERS A VARIETY OF EDUCATION ACTIVITIES THAT INSPIRE AND TEACH PEOPLE TO CARE FOR THE COUNTY'S OPEN LAND. THE SUPPORT OF VOLUNTEERS, MEMBERS, BUSINESSES, AND FOUNDATIONS IS VITAL TO OUR SUCCESS.OUR WORK BENEFITS THE PEOPLE OF LAKE COUNTY BY SUPPORTING THE HEALTH AND QUALITY OF LIFE OF THEIR COMMUNITIES. OUR WORK ALSO BENEFITS OUR COUNTY'S RICH DIVERSITY OF PLANTS AND ANIMALS. LAKE COUNTY IS, IN FACT, OF SPECIAL STATE-WIDE SIGNIFICANCE. IT PROVIDES SANCTUARY TO MORE THAN 130 THREATENED AND ENDANGERED SPECIES, THE MOST OF ANY COUNTY IN THE STATE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0LAND STEWARDSHIP: CONSERVE LAKE COUNTY RESTORES LAND TO GOOD HEALTH ON PROPERTY IT OWNS AND ALSO HELPS PRIVATE LANDOWNERS AND PUBLIC PARTNERS BE GOOD STEWARDS OF THEIR LANDS. MANY LANDOWNERS WANT TO CARE FOR THEIR PROPERTIES IN WAYS THAT PROMOTE HEALTHY SOILS, BIODIVERSITY, AND CLEAN WATER BUT NEED HELP USING THE BEST CONSERVATION PRACTICES. WE ALSO ENGAGE VOLUNTEERS TO HELP WITH LAND RESTORATION WORK AT TWO SITES. AS AN EXTENSION OF OUR LAND STEWARDSHIP PROGRAM, IN 2013 WE MOVED FORWARD WITH A COOPERATIVE SUSTAINABLE FARMING VENTURE AT OUR CASEY FARM PROPERTY IN COOPERATION WITH THE LIBERTY PRAIRIE FOUNDATION, RADICAL ROOT ORGANIC FARM, AND THE LAKE COUNTY FOREST PRESERVE. THIS WILL DEMONSTRATE SUSTAINABLE FARMING PRACTICES THAT WILL BENEFIT THE LAND AND WATER OF LAKE COUNTY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0OUTREACH AND EDUCATION: THROUGH OUR CONSERVATION@HOME PROGRAM, WE HELP EDUCATE PROPERTY OWNERS ABOUT BEST CONSERVATION PRACTICES FOR THEIR HOME AND BUSINESS PROPERTIES. THROUGH THE END OF 2013, THE CONSERVATION@HOME PROGRAM HAS PROVIDED FREE ONE-HOUR CONSULTATION VISITS TO OVER 525 PROPERTY OWNERS IN 37 MUNICIPALITIES. DURING THESE VISITS WE OFFER ADVICE ON NATURE-FRIENDLY LANDSCAPING PRACTICES, INCLUDING THE USE OF NATIVE PLANTS. WE ALSO CERTIFY PROPERTIES THAT MEET A THRESHOLD OF THOSE PRACTICES AND PROVIDE A SIGN THAT REWARDS THEIR HARD WORK AND PROMOTES THE PROGRAM. WE ALSO PROVIDE PRESENTATIONS AND ORGANIZE EDUCATIONAL EVENTS THAT OFFER THE PUBLIC THE OPPORTUNITY TO LEARN MORE ABOUT NATURE AND HOW TO LIVE WITH IT. FINALLY, WE HOLD PLANT SALES TO ENCOURAGE PROPERTY OWNERS TO PLANT NATIVES AND EDUCATE THEM ON APPROPRIATE PLANTS FOR THEIR PROPERTIES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ADVOCACY: CONSERVE LAKE COUNTY WORKS TO PROTECT AND ENHANCE THE QUALITY OF LIFE IN LAKE COUNTY THROUGH PUBLIC DISCOURSE AND ADVOCACY FOR OPEN SPACE PRESERVATION.
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