Civic Intelligence

Walloon Lake Association and Conservancy

990 • Fiscal year 2016 • EIN 38-3608004

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 01, 2017

Organization ProfileWALLOON.ORG
PO Box 621 616 Petoskey St 110Petoskey, MI 49770

(231) 347-0100

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

79th percentile

18%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

25th percentile

$59,613

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

51st percentile

1.7%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

46%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$7,730,315

Up $125,657 (+1.7%) from 2015

Net Assets

Up

$7,718,111

Up $115,280 (+1.5%) from 2015

Liabilities

Up

$12,204

Up $10,377 (+568%) from 2015

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin79th percentile

Revenue

Up

$354,128

Up $110,885 (+46%) from 2015

Expenses

Down

$289,047

Down $2,737 (-0.9%) from 2015

Net Income

Up

$65,081

Up $113,622 (+234%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$15M$10M$5.0M$0Assets 2010: $7,240,339Liabilities 2010: $263,914Net Assets 2010: $6,976,4252010Assets 2011: $7,090,944Liabilities 2011: $224,538Net Assets 2011: $6,866,4062011Assets 2012: $7,262,894Liabilities 2012: $98,587Net Assets 2012: $7,164,3072012Assets 2013: $7,771,936Liabilities 2013: $96,538Net Assets 2013: $7,675,3982013Assets 2014: $7,740,777Liabilities 2014: $4,737Net Assets 2014: $7,736,0402014Assets 2015: $7,604,658Liabilities 2015: $1,827Net Assets 2015: $7,602,8312015Assets 2016: $7,730,315Liabilities 2016: $12,204Net Assets 2016: $7,718,1112016Assets 2017: $8,194,573Liabilities 2017: $8,541Net Assets 2017: $8,186,0322017Assets 2018: $8,844,900Liabilities 2018: $17,501Net Assets 2018: $8,827,3992018Assets 2019: $9,937,401Liabilities 2019: $27,960Net Assets 2019: $9,909,4412019Assets 2020: $11,950,153Liabilities 2020: $121,577Net Assets 2020: $11,828,5762020Assets 2021: $13,387,672Liabilities 2021: $894,259Net Assets 2021: $12,493,4132021Assets 2022: $12,817,153Liabilities 2022: $564,197Net Assets 2022: $12,252,9562022Assets 2023: $13,407,009Liabilities 2023: $492,426Net Assets 2023: $12,914,5832023Assets 2024: $13,619,211Liabilities 2024: $238,914Net Assets 2024: $13,380,2972024

Highlighted filing

2016

Assets$7,730,315
Liabilities$12,204
Net Assets$7,718,111
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $214,8632010Revenue 2011: $238,912Expenses 2011: $220,058Net Income 2011: $18,8542011Expenses 2012: $221,1602012Revenue 2013: $652,652Expenses 2013: $377,915Net Income 2013: $274,7372013Revenue 2014: $317,877Expenses 2014: $288,768Net Income 2014: $29,1092014Revenue 2015: $243,243Expenses 2015: $291,784Net Income 2015: -$48,5412015Revenue 2016: $354,128Expenses 2016: $289,047Net Income 2016: $65,0812016Revenue 2017: $461,912Expenses 2017: $287,375Net Income 2017: $174,5372017Revenue 2018: $1,473,850Expenses 2018: $381,106Net Income 2018: $1,092,7442018Revenue 2019: $1,086,960Expenses 2019: $564,423Net Income 2019: $522,5372019Revenue 2020: $2,366,610Expenses 2020: $665,928Net Income 2020: $1,700,6822020Revenue 2021: $1,660,165Expenses 2021: $832,241Net Income 2021: $827,9242021Revenue 2022: $1,610,203Expenses 2022: $937,041Net Income 2022: $673,1622022Revenue 2023: $1,084,551Expenses 2023: $845,547Net Income 2023: $239,0042023Revenue 2024: $931,365Expenses 2024: $686,930Net Income 2024: $244,4352024

Highlighted filing

2016

Revenue$354,128
Expenses$289,047
Net Income$65,081
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 1, 2017
Return Version
2016v3.0
Gross Receipts
$1,063,230
Mission and Program Overview

Mission

The mission of walloon lake trust and conservancy is to conserve, care for and connect people to the land, lakes and streams within the walloon lake watershed now and forever.

To preserve and protect the natural resources of walloon lake & its watershed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,156,380$4,204,105▲ $47,725
Investments in Publicly Traded Securities$3,388,126$3,434,733▲ $46,607
Savings and Temporary Cash Investments$60,152$91,477▲ $31,325
Total Assets$7,604,658$7,730,315▲ $125,657
Liabilities
Accounts Payable and Accrued Expenses$1,827$12,204▲ $10,377
Total Liabilities$1,827$12,204▲ $10,377
Net Assets / Fund Balance
Unrestricted Net Assets$4,956,486$5,064,428▲ $107,942
Permanently Rstr Net Assets$2,626,448$2,627,718▲ $1,270
Temporarily Rstr Net Assets$19,897$25,965▲ $6,068
Total Net Assets Fund Balance$7,602,831$7,718,111▲ $115,280
Total Liabilities and Net Assets / Fund Balance$7,604,658$7,730,315▲ $125,657

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,203,262-$4,203,262
Other Land Buildings$843$21,200$22,043

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,626,448$1,270--$2,627,718
2015$2,591,348$35,100--$2,626,448
2014$2,586,198$5,150--$2,591,348
2013$2,581,098$5,100--$2,586,198
2012$2,581,098---$2,581,098
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine Wedge FormerExec DirectoPT$44,991$14,622$59,613

Board Members and Trustees

NameTitle
Richard GrossPresident
Lee Parrish FormerPresident (2
Irma NoelTrustee
John MarklewitzTrustee
Judy ReynoldsTrustee
Michael HatchTrustee
Neil FergusonTrustee
Pamela RoudiTrustee
Scott SmithTrustee
Josephine RobertsExec. Direct
Robert CharltonSecretary
Matt FrentzTreasurer
David DealVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$235,143
Program Service Revenue
$0
Investment Income
$117,052
Other Revenue
$1,933
All Other Contributions
$235,143
Change in Net Assets
$65,081

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 Other1$49,000
Total Noncash Contributions1$49,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,128
Revenue Not Reported on Form 990
$50,199
Total Revenue per Audited Statements
$404,327
Total Revenue per Form 990
$354,128
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$153,044
Other Expenses$136,003
Total Fundraising Expense$3,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,777$44,711-$135,488
Fees for Service Investment Mgmnt Fees-$21,386-$21,386
Fees for Services Other$10,776$5,308-$16,084
Occupancy$8,477$4,175-$12,652
Payroll Taxes$6,945$3,420-$10,365
Fees for Services Accounting-$9,545-$9,545
All Other Expenses$2,711$1,314$3,428$7,453
Pension Plan Contributions$4,818$2,373-$7,191
Other Expenses$3,625$1,786-$5,411
Depreciation Depletion$854$421-$1,275
Total Functional Expenses$185,905$99,714$3,428$289,047

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$289,047
Total Expenses per Audited Statements$289,047
Total Expenses per Form 990$289,047
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
Yes
Annual disclosure for covered persons
No
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

“990 was reviewed by finance committee prior to filing.”

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

“The board of trustees discusses and considers comparative info from the area and other similarly sized non-profit organizations.”

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

“Compensation reviews for key employees include reviews of independent persons and use of comparable data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Walloon Lake Trust and Conservancy
EIN
38-3608004
Phone
2313470100
Address
PO BOX 621 616 PETOSKEY ST 110, PETOSKEY, MI 49770

Signing Officer

Name
Matt Frentz
Title
Treasurer
Phone
2313470100
Signed
2017-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Gross
Formed
2001
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
90

Preparer

Firm
Bunker Clark Winnell & Nuorala Pc
Address
2301 MITCHELL PARK DRIVE, PETOSKEY, MI 49770
Preparer
Michael L Nuorala
Phone
2313473963
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers provide numerous services ranging from monitoring of conservation easements to assisting with the entity's newsletters.”

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

“Purchased land conservation easements are valued at their purchase price, while gifted land conservation easements are valued at 1 each.”

Schedule D, Page 3, Part X

“The trust is a non-profit corporation exempt from federal income tax under section 501(c)(3) of the internal revenue code. It has been classified as an organization that is not a private foundation under the internal revenue code. Accordingly, contributions to the trust are deductible for federal income tax purposes. The trust's federal income tax returns (form 990) are subject to examination by the irs, generally for three years after they were filed. Management does not believe that the results from any examination of these open years would have a material adverse impact on the organization.”

Raw XML AppendixShowing 400 of 524 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01827
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012204
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PRESERVE AND PROTECT THE NATURAL RESOURCES OF WALLOON LAKE & ITS WATERSHED.
IRS990/AllOtherContributionsAmt0235143
IRS990/AllOtherExpensesGrp/FundraisingAmt03428
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01314
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02711
IRS990/AllOtherExpensesGrp/TotalAmt07453
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MATT FRENTZ
IRS990/BooksInCareOfDetail/PhoneNum02313470100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 621
IRS990/BooksInCareOfDetail/USAddress/CityNm0PETOSKEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049770
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0true
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0235143
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0117052
IRS990/CYOtherExpensesAmt0136003
IRS990/CYOtherRevenueAmt01933
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt065081
IRS990/CYSalariesCompEmpBnftPaidAmt0153044
IRS990/CYTotalExpensesAmt0289047
IRS990/CYTotalFundraisingExpenseAmt03428
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0354128
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0421
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0854
IRS990/DepreciationDepletionGrp/TotalAmt01275
IRS990/Desc0PRESERVING & PROTECTING LAND AND WATER IN THE WALLOON LAKE WATERSHED.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt046211
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09545
IRS990/FeesForServicesAccountingGrp/TotalAmt09545
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05308
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010776
IRS990/FeesForServicesOtherGrp/TotalAmt016084
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt021386
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt021386
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1232.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1332.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt123374
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD GROSS
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID DEAL
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT CHARLTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT FRENTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4NEIL FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL HATCH
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN MARKLEWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm7JUDY REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm8PAMELA ROUDI
IRS990/Form990PartVIISectionAGrp/PersonNm9IRMA NOEL
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11LEE PARRISH FORMER
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRISTINE WEDGE FORMER
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSEPHINE ROBERTS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1244991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1211248
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT (2
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXEC. DIRECT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt06640
IRS990/GainOrLossGrp/SecuritiesAmt036493
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06640
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0745595
IRS990/GrossReceiptsAmt01063230
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt073919
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt073919
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03388126
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03434733
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021200
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04156380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04204105
IRS990/LandBldgEquipCostOrOtherBssAmt04225305
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0709102
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PRESERVE AND PROTECT THE NATURAL RESOURCES OF WALLOON LAKE & ITS WATERSHED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07602831
IRS990/NetAssetsOrFundBalancesEOYAmt07718111
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06640
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt036493
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt043133
IRS990/NetUnrlzdGainsLossesInvstAmt050199
IRS990/NoncashContributionsAmt049000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04175
IRS990/OccupancyGrp/ProgramServicesAmt08477
IRS990/OccupancyGrp/TotalAmt012652
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LAND PRESERVATION
IRS990/OtherExpensesGrp/Desc1INSURANCE
IRS990/OtherExpensesGrp/Desc2PROMOTION
IRS990/OtherExpensesGrp/Desc3FEES AND MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02894
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12381
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21786
IRS990/OtherExpensesGrp/ProgramServicesAmt046211
IRS990/OtherExpensesGrp/ProgramServicesAmt15877
IRS990/OtherExpensesGrp/ProgramServicesAmt24834
IRS990/OtherExpensesGrp/ProgramServicesAmt33625
IRS990/OtherExpensesGrp/TotalAmt046211
IRS990/OtherExpensesGrp/TotalAmt18771
IRS990/OtherExpensesGrp/TotalAmt27215
IRS990/OtherExpensesGrp/TotalAmt35411
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01933
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01933
IRS990/OtherRevenueTotalAmt01933
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044711
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090777
IRS990/OtherSalariesAndWagesGrp/TotalAmt0135488
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03420
IRS990/PayrollTaxesGrp/ProgramServicesAmt06945
IRS990/PayrollTaxesGrp/TotalAmt010365
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02373
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04818
IRS990/PensionPlanContributionsGrp/TotalAmt07191
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02626448
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02627718
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICHARD GROSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC EDUCATION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt044
IRS990/ProgSrvcAccomActy3Grp/Desc0PRINTING, POSTAGE, ADMINISTRATIVE AND OTHER RELATED ITEMS ALLOCABLE TO THE ABOVE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0139650
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0174149
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt069094
IRS990/PYOtherExpensesAmt0127658
IRS990/PYRevenuesLessExpensesAmt0-48541
IRS990/PYSalariesCompEmpBnftPaidAmt0164126
IRS990/PYTotalExpensesAmt0291784
IRS990/PYTotalRevenueAmt0243243
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt065081
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060152
IRS990/SavingsAndTempCashInvstGrp/EOYAmt091477
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 4,769
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0235143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0174149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0176159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0418586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0215016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01219053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt073919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt060116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt085932
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt096888
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt080118
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0396973
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01933
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01933
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02661
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04769
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59650
IRS990ScheduleA/PublicSupportPY170Pct00.55740
IRS990ScheduleA/PublicSupportTotal170Amt0966853
IRS990ScheduleA/SubstantialContributorsTotAmt0252200
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0235143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0176159
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0418586
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0215016
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01219053
IRS990ScheduleA/TotalSupportAmt01620795
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/CYEndwmtFundGrp/BeginningYearBalanceAmt02626448
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01270
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02627718
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02591348
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt035100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02626448
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02586198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt05150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02591348
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02581098
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02586198
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02581098
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02581098
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesIncurredEnforcementAmt0743
IRS990ScheduleD/ExpensesSubtotalAmt0289047
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04203262
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04203262
IRS990ScheduleD/NetUnrealizedGainsInvstAmt050199
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0843
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021200
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022043
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt050199
IRS990ScheduleD/RevenueSubtotalAmt0354128
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StaffHoursSpentEnforcementCnt020.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PURCHASED LAND CONSERVATION EASEMENTS ARE VALUED AT THEIR PURCHASE PRICE, WHILE GIFTED LAND CONSERVATION EASEMENTS ARE VALUED AT 1 EACH.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE TRUST IS A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE. ACCORDINGLY, CONTRIBUTIONS TO THE TRUST ARE DEDUCTIBLE FOR FEDERAL INCOME TAX PURPOSES. THE TRUST'S FEDERAL INCOME TAX RETURNS (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. MANAGEMENT DOES NOT BELIEVE THAT THE RESULTS FROM ANY EXAMINATION OF THESE OPEN YEARS WOULD HAVE A MATERIAL ADVERSE IMPACT ON THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalAcreageCnt0759.67
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04204105
IRS990ScheduleD/TotalEasementsCnt020
IRS990ScheduleD/TotalExpensesPerForm990Amt0289047
IRS990ScheduleD/TotalRevenuePerForm990Amt0354128
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0404327
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0289047
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt049000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE NUMEROUS SERVICES RANGING FROM MONITORING OF CONSERVATION EASEMENTS TO ASSISTING WITH THE ENTITY'S NEWSLETTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 WAS REVIEWED BY FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES DISCUSSES AND CONSIDERS COMPARATIVE INFO FROM THE AREA AND OTHER SIMILARLY SIZED NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION REVIEWS FOR KEY EMPLOYEES INCLUDE REVIEWS OF INDEPENDENT PERSONS AND USE OF COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,730,315
Liabilities
$12,204
Net assets
$7,718,111
Revenue
$354,128
Expenses
$289,047
Net income
$65,081
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.6$0.24$13.4$0.93$0.69$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.49$12.9$1.08$0.85$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.56$12.3$1.61$0.94$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.89$12.5$1.66$0.83$0.83
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.12$11.8$2.37$0.67$1.70
2019Summary only. Only limited summary data is available for this year.$9.94$0.03$9.91$1.09$0.56$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.84$0.02$8.83$1.47$0.38$1.09
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.19$0.01$8.19$0.46$0.29$0.17
2016Detailed filing. Detailed filing data is available for this year.$7.73$0.01$7.72$0.35$0.29$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$0.00$7.60$0.24$0.29$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.74$0.00$7.74$0.32$0.29$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.77$0.10$7.68$0.65$0.38$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$0.10$7.16$0.22
2011Summary only. Only limited summary data is available for this year.$7.09$0.22$6.87$0.24$0.22$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.26$6.98$0.21