Civic Intelligence

Walloon Lake Association and Conservancy

990 • Fiscal year 2018 • EIN 38-3608004

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 03, 2019

Organization ProfileWALLOON.ORG
PO Box 579 4060 M-75 Ste 102Walloon Lake, MI 49796

(231) 535-6112

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

29th percentile

$75,790

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

69th percentile

7.9%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

219%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$8,844,900

Up $650,327 (+7.9%) from 2017

Net Assets

Up

$8,827,399

Up $641,367 (+7.8%) from 2017

Liabilities

Up

$17,501

Up $8,960 (+105%) from 2017

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin95th percentile

Revenue

Up

$1,473,850

Up $1,011,938 (+219%) from 2017

Expenses

Up

$381,106

Up $93,731 (+33%) from 2017

Net Income

Up

$1,092,744

Up $918,207 (+526%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2018

Assets$8,844,900
Liabilities$17,501
Net Assets$8,827,399
Open 2018 Filing

Operations Trend

Revenue Growth97th 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

2018

Revenue$1,473,850
Expenses$381,106
Net Income$1,092,744
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 3, 2019
Return Version
2018v3.1
Gross Receipts
$2,063,908
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,270,262$4,910,891▲ $640,629
Investments in Publicly Traded Securities$3,840,078$3,436,995▼ $403,083
Pledges and Grants Receivable-$368,500-
Cash and Non-Interest-Bearing Accounts-$128,514-
Savings and Temporary Cash Investments$84,207--
Accounts Receivable$26--
Total Assets$8,194,573$8,844,900▲ $650,327
Liabilities
Accounts Payable and Accrued Expenses$8,541$17,501▲ $8,960
Total Liabilities$8,541$17,501▲ $8,960
Net Assets / Fund Balance
Unrestricted Net Assets$5,522,203$5,780,691▲ $258,488
Permanently Rstr Net Assets$2,628,645$2,629,145▲ $500
Temporarily Rstr Net Assets$35,184$417,563▲ $382,379
Total Net Assets Fund Balance$8,186,032$8,827,399▲ $641,367
Total Liabilities and Net Assets / Fund Balance$8,194,573$8,844,900▲ $650,327

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,910,891-$4,910,891
Other Land Buildings-$5,248$5,248

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,628,645$500--$2,629,145
2017$2,627,718$927--$2,628,645
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
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josephine RobertsExec. DirectPT$57,200$18,590$75,790

Board Members and Trustees

NameTitle
David DealPresident
Betony BraddockTrustee
Connor DennisTrustee
Jennifer BuchananTrustee
John MarklewitzTrustee
Judy ReynoldsTrustee
Michael HatchTrustee
Pamela RoudiTrustee
Russ KittlesonTrustee
Robert CharltonSecretary
Matthew FrentzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,205,112
Program Service Revenue
$0
Investment Income
$251,369
Other Revenue
$17,369
All Other Contributions
$1,156,027
Change in Net Assets
$1,092,744

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,473,850
Revenue Not Reported on Form 990
$-439,226
Total Revenue per Audited Statements
$1,034,624
Total Revenue per Form 990
$1,473,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,115
Salaries, Compensation, and Employee Benefits$184,991
Total Fundraising Expense$756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,342$53,854-$163,196
Office Expenses$24,594$24,557-$49,151
Fees for Service Investment Mgmnt Fees-$22,638-$22,638
Occupancy$8,865$4,364-$13,229
Fees for Services Accounting-$12,498-$12,498
Payroll Taxes$8,365$4,119-$12,484
Other Expenses$8,313$4,093-$12,406
Fees for Services Other-$10,000$600$10,600
Insurance$6,728$3,313-$10,041
Pension Plan Contributions$6,239$3,072-$9,311
Information Technology$4,291$2,113-$6,404
Advertising$4,055$1,997$156$6,208
Fees for Services Legal-$3,147-$3,147
Total Functional Expenses$230,585$149,765$756$381,106

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$393,257
Expenses per Audited Statements$381,106
Total Expenses per Form 990$381,106
Expenses Not Reported on Form 990$12,151
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,942
Fundraising Direct Expenses$34,789
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bow Tie Bash$101,027$51,942$3,048$48,894
Total Events$101,027$51,942$34,789$17,153
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
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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
2315356112
Address
PO BOX 579 4060 M-75 STE 102, WALLOON LAKE, MI 49796

Signing Officer

Name
Matthew Frentz
Title
Treasurer
Phone
2315356112
Signed
2019-10-03
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Klepadlo Winnell Nuorala Pc
Address
2301 MITCHELL PARK DR, 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.”

Form 990, Part XI, Line 9

“Reclass investment advisor fees -22,638 reclass direct expenses 34,789 reclass investment advisor fees 22,638 reclass direct expenses -34,789”

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 2, Part V, Line 4

“Income from the endowment funds is used to support the organization.”

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 interntal 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.”

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

“Reclass investment advisor fees -22,638 reclass direct expenses 34,789”

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

“Reclass investment advisor fees -22,638 reclass direct expenses 34,789”

Raw XML AppendixShowing 400 of 536 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08541
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017501
IRS990/AccountsReceivableGrp/BOYAmt026
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AdvertisingGrp/FundraisingAmt0156
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01997
IRS990/AdvertisingGrp/ProgramServicesAmt04055
IRS990/AdvertisingGrp/TotalAmt06208
IRS990/AllOtherContributionsAmt01156027
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CINDY HAYES
IRS990/BooksInCareOfDetail/PhoneNum02315356112
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 579
IRS990/BooksInCareOfDetail/USAddress/CityNm0WALLOON LAKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049796
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0128514
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0true
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt049085
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01205112
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0251369
IRS990/CYOtherExpensesAmt0196115
IRS990/CYOtherRevenueAmt017369
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01092744
IRS990/CYSalariesCompEmpBnftPaidAmt0184991
IRS990/CYTotalExpensesAmt0381106
IRS990/CYTotalFundraisingExpenseAmt0756
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01473850
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PRESERVING AND PROTECTING LAND AND WATER IN THE WALLOON LAKE WATERSHED, THROUGH LAND ACQUISITIONS, CONSERVATION EASEMENTS, LAND STEWARDSHIP, ENVIRONMENTAL EDUCATION AND COMMUNITY ENGAGEMENT AND OUTREACH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0230585
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012498
IRS990/FeesForServicesAccountingGrp/TotalAmt012498
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03147
IRS990/FeesForServicesLegalGrp/TotalAmt03147
IRS990/FeesForServicesOtherGrp/FundraisingAmt0600
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesOtherGrp/TotalAmt010600
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt022638
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt022638
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
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/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1132.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt114290
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID DEAL
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT CHARLTON
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW FRENTZ
IRS990/Form990PartVIISectionAGrp/PersonNm3CONNOR DENNIS
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL HATCH
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN MARKLEWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm6JUDY REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm7PAMELA ROUDI
IRS990/Form990PartVIISectionAGrp/PersonNm8BETONY BRADDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm9JENNIFER BUCHANAN
IRS990/Form990PartVIISectionAGrp/PersonNm10RUSS KITTLESON
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPHINE 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/ReportableCompFromOrgAmt1157200
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/ReportableCompFromRltdOrgAmt1114300
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC. DIRECT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt049085
IRS990/FundraisingDirectExpensesAmt034789
IRS990/FundraisingGrossIncomeAmt051942
IRS990/GainOrLossGrp/OtherAmt035538
IRS990/GainOrLossGrp/SecuritiesAmt0132106
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt035538
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0687375
IRS990/GrossReceiptsAmt02063908
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02113
IRS990/InformationTechnologyGrp/ProgramServicesAmt04291
IRS990/InformationTechnologyGrp/TotalAmt06404
IRS990/InsuranceGrp/ManagementAndGeneralAmt03313
IRS990/InsuranceGrp/ProgramServicesAmt06728
IRS990/InsuranceGrp/TotalAmt010041
IRS990/InvestmentIncomeGrp/ExclusionAmt083725
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083725
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03840078
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03436995
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05248
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04270262
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04910891
IRS990/LandBldgEquipCostOrOtherBssAmt04916139
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0555269
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08186032
IRS990/NetAssetsOrFundBalancesEOYAmt08827399
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt035538
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0132106
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0167644
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017153
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017153
IRS990/NetUnrlzdGainsLossesInvstAmt0-451377
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04364
IRS990/OccupancyGrp/ProgramServicesAmt08865
IRS990/OccupancyGrp/TotalAmt013229
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024557
IRS990/OfficeExpensesGrp/ProgramServicesAmt024594
IRS990/OfficeExpensesGrp/TotalAmt049151
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LAND PRESERVATION
IRS990/OtherExpensesGrp/Desc1FEES AND MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04093
IRS990/OtherExpensesGrp/ProgramServicesAmt049793
IRS990/OtherExpensesGrp/ProgramServicesAmt18313
IRS990/OtherExpensesGrp/TotalAmt049793
IRS990/OtherExpensesGrp/TotalAmt112406
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0216
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0216
IRS990/OtherRevenueTotalAmt0216
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt053854
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0109342
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163196
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04119
IRS990/PayrollTaxesGrp/ProgramServicesAmt08365
IRS990/PayrollTaxesGrp/TotalAmt012484
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03072
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06239
IRS990/PensionPlanContributionsGrp/TotalAmt09311
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02628645
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02629145
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0368500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID DEAL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0257529
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0203846
IRS990/PYOtherExpensesAmt0132867
IRS990/PYOtherRevenueAmt0537
IRS990/PYRevenuesLessExpensesAmt0174537
IRS990/PYSalariesCompEmpBnftPaidAmt0154508
IRS990/PYTotalExpensesAmt0287375
IRS990/PYTotalRevenueAmt0461912
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01092744
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084207
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 2,686
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01205112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0257529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0235143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0174149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02048092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt083725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt080999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt060116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt085932
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0384691
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0753
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0216
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0537
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01933
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02686
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67800
IRS990ScheduleA/PublicSupportPY170Pct00.60330
IRS990ScheduleA/PublicSupportTotal170Amt01651352
IRS990ScheduleA/SubstantialContributorsTotAmt0396740
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01205112
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0257529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0235143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0174149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176159
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02048092
IRS990ScheduleA/TotalSupportAmt02435469
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02628645
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02629145
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02627718
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0927
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02628645
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02626448
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01270
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02627718
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02591348
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt035100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02626448
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02586198
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02591348
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesIncurredEnforcementAmt04100
IRS990ScheduleD/ExpensesNotReportedAmt012151
IRS990ScheduleD/ExpensesSubtotalAmt0381106
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04910891
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04910891
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-451377
IRS990ScheduleD/OtherExpensesIncludedAmt012151
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05248
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05248
IRS990ScheduleD/OtherRevenueAmt012151
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt0-439226
IRS990ScheduleD/RevenueSubtotalAmt01473850
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StaffHoursSpentEnforcementCnt0140.00
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/ExplanationTxt1INCOME FROM THE ENDOWMENT FUNDS IS USED TO SUPPORT THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE TRUST IS A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNTAL 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/ExplanationTxt3RECLASS INVESTMENT ADVISOR FEES -22,638 RECLASS DIRECT EXPENSES 34,789
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RECLASS INVESTMENT ADVISOR FEES -22,638 RECLASS DIRECT EXPENSES 34,789
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalAcreageCnt0758.58
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04910891
IRS990ScheduleD/TotalEasementsCnt020
IRS990ScheduleD/TotalExpensesPerForm990Amt0381106
IRS990ScheduleD/TotalRevenuePerForm990Amt01473850
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01034624
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0393257
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049085
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt049085
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt034789
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOW TIE BASH
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt022628
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt022628
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0101027
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0101027
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051942
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt051942
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017153
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03048
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03048
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04113
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04113
IRS990/ScheduleJRequiredInd0false
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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,844,900
Liabilities
$17,501
Net assets
$8,827,399
Revenue
$1,473,850
Expenses
$381,106
Net income
$1,092,744
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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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