Civic Intelligence

Little Forks Conservancy Inc.

990 • Fiscal year 2014 • EIN 38-3353122

Jan 01, 2014 to Dec 31, 2014 • Filed on May 19, 2015

105 Post StreetMidland, MI 48640

(989) 835-4886

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

28th percentile

0.03x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$92,245

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 26.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

31st percentile

-2.2%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,569,792

Down $58,130 (-2.2%) from 2013

Net Assets

Down

$2,559,147

Down $63,365 (-2.4%) from 2013

Liabilities

Up

$10,645

Up $5,235 (+97%) from 2013

Revenue

Down

$343,259

Down $77,800 (-18%) from 2013

Expenses

Up

$416,581

Up $25,754 (+6.6%) from 2013

Net Income

Down

-$73,322

Down $103,554 (-343%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,424,013Liabilities 2010: $451,556Net Assets 2010: $1,972,4572010Assets 2011: $2,301,480Liabilities 2011: $5,237Net Assets 2011: $2,296,2432011Assets 2012: $2,517,876Liabilities 2012: $782Net Assets 2012: $2,517,0942012Assets 2013: $2,627,922Liabilities 2013: $5,410Net Assets 2013: $2,622,5122013Assets 2014: $2,569,792Liabilities 2014: $10,645Net Assets 2014: $2,559,1472014Assets 2015: $2,529,074Liabilities 2015: $4,851Net Assets 2015: $2,524,2232015Assets 2016: $2,653,189Liabilities 2016: $13,717Net Assets 2016: $2,639,4722016Assets 2017: $3,257,357Liabilities 2017: $5,270Net Assets 2017: $3,252,0872017Assets 2018: $3,248,587Liabilities 2018: $20,598Net Assets 2018: $3,227,9892018Assets 2019: $3,255,089Liabilities 2019: $15,582Net Assets 2019: $3,239,5072019Assets 2020: $3,386,286Liabilities 2020: $77,314Net Assets 2020: $3,308,9722020Assets 2021: $3,506,433Liabilities 2021: $8,944Net Assets 2021: $3,497,4892021Assets 2022: $3,811,125Liabilities 2022: $24,967Net Assets 2022: $3,786,1582022Assets 2023: $4,068,985Liabilities 2023: $16,800Net Assets 2023: $4,052,1852023Assets 2024: $4,123,122Liabilities 2024: $14,731Net Assets 2024: $4,108,3912024

Highlighted filing

2014

Assets$2,569,792
Liabilities$10,645
Net Assets$2,559,147

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $352,6892010Expenses 2011: $291,4312011Expenses 2012: $546,2642012Revenue 2013: $421,059Expenses 2013: $390,827Net Income 2013: $30,2322013Revenue 2014: $343,259Expenses 2014: $416,581Net Income 2014: -$73,3222014Revenue 2015: $395,993Expenses 2015: $414,488Net Income 2015: -$18,4952015Revenue 2016: $499,658Expenses 2016: $382,070Net Income 2016: $117,5882016Revenue 2017: $928,737Expenses 2017: $346,772Net Income 2017: $581,9652017Revenue 2018: $427,401Expenses 2018: $406,393Net Income 2018: $21,0082018Revenue 2019: $336,901Expenses 2019: $384,744Net Income 2019: -$47,8432019Revenue 2020: $430,841Expenses 2020: $392,331Net Income 2020: $38,5102020Revenue 2021: $525,727Expenses 2021: $369,529Net Income 2021: $156,1982021Revenue 2022: $648,876Expenses 2022: $283,863Net Income 2022: $365,0132022Revenue 2023: $540,282Expenses 2023: $339,217Net Income 2023: $201,0652023Revenue 2024: $379,505Expenses 2024: $377,014Net Income 2024: $2,4912024

Highlighted filing

2014

Revenue$343,259
Expenses$416,581
Net Income-$73,322
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 19, 2015
Return Version
2014v5.0
Gross Receipts
$356,660
Mission and Program Overview

Mission

The little forks conservancy permanently protects lands with natural and cultural resources that add to the quality of life in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,827,083$1,854,506▲ $27,423
Savings and Temporary Cash Investments$197,306$149,352▼ $47,954
Cash and Non-Interest-Bearing Accounts$109,820$70,663▼ $39,157
Pledges and Grants Receivable$3,700$15,515▲ $11,815
Prepaid Expenses and Deferred Charges$8,066$7,375▼ $691
Total Assets$2,627,922$2,569,792▼ $58,130
Other Assets Total$481,947$472,381▼ $9,566
Liabilities
Accounts Payable and Accrued Expenses$5,410$10,645▲ $5,235
Total Liabilities$5,410$10,645▲ $5,235
Net Assets / Fund Balance
Unrestricted Net Assets$2,093,913$2,038,908▼ $55,005
Temporarily Rstr Net Assets$310,594$302,234▼ $8,360
Permanently Rstr Net Assets$218,005$218,005→ $0
Total Net Assets Fund Balance$2,622,512$2,559,147▼ $63,365
Total Liabilities and Net Assets / Fund Balance$2,627,922$2,569,792▼ $58,130

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,837,132-$1,837,132
Other Land Buildings$17,374$3,296$20,670
Other Assets Org$472,381--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$481,947-▲ $15,033$-19,523$472,381
2013$426,514$350▲ $79,356$-19,753$481,947
2012$392,631-▲ $58,783$-20,384$426,514
2011$427,011-▼ $10,164$-19,974$392,631
2010$394,494-▲ $55,080$-18,788$427,011
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Douglas KoopExecutive DiFT$77,659$14,586$92,245

Board Members and Trustees

NameTitle
Bill GeboPresident
Bethany GoodmanBoard Member
Bill ThomsonBoard Member
Chuck MartinBoard Member
George LaneBoard Member
Jerry ZiarnoBoard Member
Jill GushowBoard Member
John HillBoard Member
Kristen JonesBoard Member
Robyn SczepanskiBoard Member
Tim DysteBoard Member
Jon DegrootSecretary
Dan RaderTreasurer
Greg DardasVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$333,382
Program Service Revenue
$0
Investment Income
$428
Other Revenue
$9,449
All Other Contributions
$268,261
Change in Net Assets
$-73,322

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Qualified Contrib Other1$17,400Appraisal of Land
Total Noncash Contributions1$17,400-

Audited Revenue Reconciliation

Revenue per Audited Statements
$356,660
Revenue Not Reported on Financial Statements
$-13,401
Revenue Not Reported on Form 990
$9,957
Other Revenue Adjustments
$-13,401
Total Revenue per Audited Statements
$366,617
Total Revenue per Form 990
$343,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$230,226
Other Expenses$186,355
Total Fundraising Expense$35,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,105$26,587$14,540$109,232
Current Officers, Directors, Trustees, and Key Employees$57,561$22,508$12,176$92,245
Fees for Services Legal$67,163--$67,163
Occupancy$14,834$4,712$1,854$21,400
Office Expenses$12,496$1,806$1,556$15,858
Other Employee Benefits$9,414$3,674$2,013$15,101
Payroll Taxes$8,482$3,335$1,831$13,648
Information Technology$9,855$1,232$1,232$12,319
Insurance$3,230$3,839-$7,069
Fees for Services Accounting-$7,020-$7,020
Travel$3,416$427$427$4,270
Depreciation Depletion-$2,306-$2,306
Advertising$2,226--$2,226
Conferences and Meetings$1,539--$1,539
Other Expenses$6,257$850-$850
All Other Expenses-$550-$550
Total Functional Expenses$297,282$83,670$35,629$416,581

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$429,982
Expenses per Audited Statements$416,581
Total Expenses per Form 990$416,581
Expenses Not Reported on Form 990$13,401
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,401
Fundraising Gross Income$11,100
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
HOOT 'N HOWL$42,315$10,375$5,789$4,586
Total Events$42,315$10,375$12,567$-2,192
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
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
No
Management duties delegated
No

Governance Explanations

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

Upon receipt of the draft 990, an electronic copy is sent to all board members for review and comment. If corrections are needed they are made. The final draft is reviewed by the finance committee and signed by either the president or treasurer.

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

Any director, principal officer, staff member, or member of a committee with governing board delegated powers is required to comply with the conflict of interest policy. Determination of a conflict of interest is done at the governing board or committee level with any interested person removed from the discussion. Conflict disclosure statements are filed at the beginning of each year in accordance with the duty to disclose portion of the conflict of interest policy. The conservancy has not had a conflict under its policy requiring any enforcement.

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

The organization uses compensation survey or study from comparable compensation surveys or studies for similarly qualified persons in functionally comparable positions at similarly situated organizations, the consumer price index, and review and approval by the executive committee and finance committee to establish the compensation of the organization's executive director as documented in the committee minutes. Full board votes on the total budget as documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

The conservancy includes the statement of activities in a summer newsletter which is distributed to members and key community stakeholders. The newsletter is also published on their website. All other documents are available at the conservancy's office for public view if requested. The conservancy's form 990 is posted on www.guidestar.org for registered users.

Filing and Contact Details

Filer

Filer Name
The Little Forks Conservancy Inc
EIN
38-3353122
Phone
9898354886
Address
105 POST STREET, MIDLAND, MI 48640

Signing Officer

Name
William L Gebo
Title
President
Phone
9898354886
Signed
2015-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Koop
Formed
1996
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
50

Preparer

Firm
Andrews Hooper Pavlik Plc
Address
5915 EASTMAN AVE STE 100, MIDLAND, MI 48640-6824
Preparer
Kellie M Bos
Phone
9898357721
Supplemental Narrative

Additional Explanations

Form 990

All lines left blank are not applicable to the organization.

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

Acres open to the public for low impact recreational use.

Form 990, Part XI, Line 9

This amount represents the increase in the value of 9,957 beneficial interest in assets held by other organizations 0 direct fundraising expenses 13,401 direct fundraising expenses -13,401

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

Footnote on conservation easement valuation from the little forks conservancy, inc. Audited financial statements: the conservancy does not record a value in the statement of financial position for donated or purchased conservation easements since the easements do not provide the conservancy a possessory interest in the property and the conservancy can not sell or otherwise exchange the rights for compensation.

Schedule D, Page 2, Part V, Line 4

The fund is intended to be used to support the conservation of land.

Schedule D, Page 4, Part XI, Line 2D

This amount represents the increase in the value of 9,957 beneficial interest in assets held by other organizations 0

Schedule D, Page 4, Part XI, Line 4B

Direct fundraising expenses -13,401

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 13,401

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/OtherExpensesGrp/Desc0STEWARDSHIP
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2LAND PROJECTS
IRS990/OtherExpensesGrp/Desc3ACCREDITATION
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1500
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt068105
IRS990/OtherSalariesAndWagesGrp/TotalAmt0109232
IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/FundraisingAmt01831
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03335
IRS990/PayrollTaxesGrp/ProgramServicesAmt08482
IRS990/PayrollTaxesGrp/TotalAmt013648
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0218005
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03700
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015515
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07375
IRS990/PrincipalOfficerNm0DOUGLAS KOOP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0417377
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0278
IRS990/PYOtherExpensesAmt0163179
IRS990/PYOtherRevenueAmt03404
IRS990/PYRevenuesLessExpensesAmt030232
IRS990/PYSalariesCompEmpBnftPaidAmt0227648
IRS990/PYTotalExpensesAmt0390827
IRS990/PYTotalRevenueAmt0421059
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-73322
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0197306
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0149352
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DIRECT EVENT REVENUE 55,723 FARM LEASE 55,000 OTHER INCOME 500
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0333382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0417726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0701673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0616041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0318017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02386839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0428
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0278
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt022850
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt027177
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt016306
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt026290
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0111223
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76450
IRS990ScheduleA/PublicSupportPY170Pct00.77020
IRS990ScheduleA/PublicSupportTotal170Amt01913199
IRS990ScheduleA/SubstantialContributorsTotAmt0473640
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0333382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0417726
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02386839
IRS990ScheduleA/TotalSupportAmt02502504
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt015033
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0426514
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0350
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt079356
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-19753
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058783
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-20384
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0427011
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055080
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesIncurredEnforcementAmt05000
IRS990ScheduleD/ExpensesNotReportedAmt013401
IRS990ScheduleD/ExpensesSubtotalAmt0416581

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.12$0.01$4.11$0.38$0.38$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$0.02$4.05$0.54$0.34$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.02$3.79$0.65$0.28$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.01$3.50$0.53$0.37$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.39$0.08$3.31$0.43$0.39$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.26$0.02$3.24$0.34$0.38$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.02$3.23$0.43$0.41$0.02
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.26$0.01$3.25$0.93$0.35$0.58
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.01$2.64$0.50$0.38$0.12
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.53$0.00$2.52$0.40$0.41$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.57$0.01$2.56$0.34$0.42$0.07
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.63$0.01$2.62$0.42$0.39$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.00$2.52$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.01$2.30$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.45$1.97$0.35