Civic Intelligence

Iowa Natural Heritage Foundation

EIN 42-1127544 • 501(c)3 • Des Moines, IA

Profile

This member-supported organization protects and restores iowa's land, water and wildlife for future generations. Priorities include permanent land protection, promotion of improved land management and bringing new conservation opportunities to iowans.

Refreshing map…

505 5th Avenue 444Des Moines, IA 50309

www.inhf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.34x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

1.83x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$199,859

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

89th percentile

23%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-23%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$160,425,429

Up $30,115,811 (+23%) from 2023

Liabilities

Up

$54,474,790

Up $17,357,493 (+47%) from 2023

Net Assets

Up

$105,950,639

Up $12,758,318 (+14%) from 2023

Revenue

Down

$29,846,843

Down $8,828,803 (-23%) from 2023

Expenses

Down

$20,195,370

Down $3,261,172 (-14%) from 2023

Net Income

Down

$9,651,473

Down $5,567,631 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $35,525,368Liabilities 2010: $12,366,592Net Assets 2010: $23,158,7762010Assets 2011: $39,834,310Liabilities 2011: $11,214,332Net Assets 2011: $28,619,9782011Assets 2012: $51,762,912Liabilities 2012: $20,935,881Net Assets 2012: $30,827,0312012Assets 2013: $57,074,659Liabilities 2013: $22,134,975Net Assets 2013: $34,939,6842013Assets 2014: $58,912,482Liabilities 2014: $21,372,784Net Assets 2014: $37,539,6982014Assets 2015: $56,166,124Liabilities 2015: $16,302,866Net Assets 2015: $39,863,2582015Assets 2016: $61,837,193Liabilities 2016: $20,072,893Net Assets 2016: $41,764,3002016Assets 2017: $72,157,901Liabilities 2017: $18,056,545Net Assets 2017: $54,101,3562017Assets 2018: $74,596,766Liabilities 2018: $23,262,271Net Assets 2018: $51,334,4952018Assets 2019: $75,170,547Liabilities 2019: $21,771,688Net Assets 2019: $53,398,8592019Assets 2020: $82,052,206Liabilities 2020: $24,730,991Net Assets 2020: $57,321,2152020Assets 2021: $98,583,186Liabilities 2021: $28,095,991Net Assets 2021: $70,487,1952021Assets 2022: $108,833,936Liabilities 2022: $39,207,131Net Assets 2022: $69,626,8052022Assets 2023: $130,309,618Liabilities 2023: $37,117,297Net Assets 2023: $93,192,3212023Assets 2024: $160,425,429Liabilities 2024: $54,474,790Net Assets 2024: $105,950,6392024

Highlighted filing

2024

Assets$160,425,429
Liabilities$54,474,790
Net Assets$105,950,639

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$20M$0-$20MExpenses 2010: $16,166,7222010Expenses 2011: $16,528,1802011Expenses 2012: $14,403,1992012Revenue 2013: $21,959,465Expenses 2013: $19,090,965Net Income 2013: $2,868,5002013Revenue 2014: $17,774,145Expenses 2014: $15,804,091Net Income 2014: $1,970,0542014Revenue 2015: $25,242,594Expenses 2015: $22,016,071Net Income 2015: $3,226,5232015Revenue 2016: $27,117,993Expenses 2016: $26,376,469Net Income 2016: $741,5242016Revenue 2017: $29,652,611Expenses 2017: $24,562,423Net Income 2017: $5,090,1882017Revenue 2018: $7,224,477Expenses 2018: $9,983,351Net Income 2018: -$2,758,8742018Revenue 2019: $29,538,185Expenses 2019: $25,779,051Net Income 2019: $3,759,1342019Revenue 2020: $24,108,338Expenses 2020: $21,281,087Net Income 2020: $2,827,2512020Revenue 2021: $21,004,978Expenses 2021: $14,091,887Net Income 2021: $6,913,0912021Revenue 2022: $34,922,369Expenses 2022: $27,689,572Net Income 2022: $7,232,7972022Revenue 2023: $38,675,646Expenses 2023: $23,456,542Net Income 2023: $15,219,1042023Revenue 2024: $29,846,843Expenses 2024: $20,195,370Net Income 2024: $9,651,4732024

Highlighted filing

2024

Revenue$29,846,843
Expenses$20,195,370
Net Income$9,651,473

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$160$54.5$106$29.8$20.2$9.65
2023Summary only. Only limited summary data is available for this year.$130$37.1$93.2$38.7$23.5$15.2
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$39.2$69.6$34.9$27.7$7.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.6$28.1$70.5$21.0$14.1$6.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.1$24.7$57.3$24.1$21.3$2.83
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.2$21.8$53.4$29.5$25.8$3.76
2018Summary only. Only limited summary data is available for this year.$74.6$23.3$51.3$7.22$9.98$2.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.2$18.1$54.1$29.7$24.6$5.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.8$20.1$41.8$27.1$26.4$0.74
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.2$16.3$39.9$25.2$22.0$3.23
2014Detailed filing. Detailed filing data is available for this year.$58.9$21.4$37.5$17.8$15.8$1.97
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.1$22.1$34.9$22.0$19.1$2.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.8$20.9$30.8$14.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.8$11.2$28.6$16.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$12.4$23.2$16.2
Latest Detailed Filing

The latest 2024 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 9, 2023
Return Version
2021v4.2
Gross Receipts
$41,793,802
Mission and Program Overview

Mission

The foundation protects and restores iowa's land, water and wildlife for future generation. This member-supported organization's priorities include permanent land protection, promotion of improved land management and bringing new conservation ideas and opportunities to iowa.

The foundation protects and restores iowa's land, water and wildlife for future generations. This member-supported organization's priorities include permanent land protection, promotion of improved land management and bringing new conservation ideas and opportunities to iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$26,113,257$30,376,741▲ $4,263,484
Investments in Publicly Traded Securities$38,838,634$28,143,776▼ $10,694,858
Savings and Temporary Cash Investments$733,207$4,872,119▲ $4,138,912
Pledges and Grants Receivable$114,849$1,669,017▲ $1,554,168
Land, Buildings, and Equipment, Net$321,302$414,905▲ $93,603
Accounts Receivable$464,920$150,839▼ $314,081
Prepaid Expenses and Deferred Charges$75,250$69,192▼ $6,058
Total Assets$98,583,186$108,833,936▲ $10,250,750
Other Assets Total$31,921,767$43,137,347▲ $11,215,580
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,440,350$33,586,269▲ $11,145,919
Other Liabilities$3,348,141$3,200,771▼ $147,370
Deferred Revenue$1,504,204$1,422,974▼ $81,230
Accounts Payable and Accrued Expenses$377,993$555,022▲ $177,029
Unsecured Notes Loans Payable$425,303$442,095▲ $16,792
Total Liabilities$28,095,991$39,207,131▲ $11,111,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,398,787$53,091,070▼ $1,307,717
Net Assets With Donor Restrictions$16,088,408$16,535,735▲ $447,327
Total Net Assets Fund Balance$70,487,195$69,626,805▼ $860,390
Total Liabilities and Net Assets / Fund Balance$98,583,186$108,833,936▲ $10,250,750

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$413,597$456,705$870,302
Leasehold Improvements$1,308$74,764$76,072
Investment Program Related Org$406,857--
Other Assets Org$74,874--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$53,162,779$3,618,440▼ $4,223,668$1,574,034$50,793,860
2020$36,747,265$9,503,278▲ $7,021,449-$53,162,779
2019$34,796,975$1,811,495▲ $1,488,096$1,247,868$36,747,265
2018$32,220,836$903,904▲ $1,792,635$70,763$34,796,975
2017$32,395,120$60,612▲ $438,179$638,547$32,220,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe McgovernPresidentFT$158,469$18,624$177,093
Patricia WrightCFOFT$120,676$9,595$130,271
Susan JohnsonCFO Effective 10-25-21FT$16,488$1,218$17,706

Board Members and Trustees

NameTitle
John FisherChair
Greg GruppFirst Vice Chair
David BrownSecond Vice Chair
Amy AndersonDirector
Bob JesterDirector
Carole Sargent ReichardtDirector
Cindy BurkeDirector
David MackamanDirector
Ed CoxDirector
Elizabeth NeumannDirector
Garth AdamsDirector
Jan LovellDirector
Jeff LockwoodDirector
John GrayDirector
John NewmanDirector
Kirsten HeineDirector
Lori HoweDirector
Mike DecookDirector
Neil HamiltonDirector
Paul EasterDirector
Paul MorfDirector
Paul WillisDirector
Peg Armstrong-gustafsonDirector
Richard RamsayDirector
Rob HallDirector
Seth WatkinsDirector
Susan SalterbergDirector
Susan ShullawDirector
Thomas HoffDirector
Vern FishDirector
Will AndersonDirector
Donald BenekeSecretary
Wendy WiednerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Access SystemsInformation Technology955 SE OLSON DR, Waukee, IA 50263$169,938
Snyder & AssociatesContracted Services For Land Projects2727 SW SNYDER BLVD, Ankeny, IA 50023$157,237
Revenue and Support

Revenue Composition

Contributions and Grants
$15,161,939
Program Service Revenue
$16,048,176
Investment Income
$3,712,254
Other Revenue
$0
All Other Contributions
$14,973,484
Change in Net Assets
$7,232,797

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 AmountValuation Method
Real Estate Other11$5,342,122Appraisal
Securities Publicly Traded23$3,355,962Market Value
Other Non Cash Contri Table7$1,324,130Appraisal
Other Non Cash Contri Table14$6,169Fair Market Value
Qualified Contrib Other4$7Appraisal
Total Noncash Contributions59$10,028,390-

Audited Revenue Reconciliation

Revenue per Audited Statements
$34,859,754
Revenue Not Reported on Financial Statements
$62,615
Revenue Not Reported on Form 990
$-8,093,187
Total Revenue per Audited Statements
$26,766,567
Total Revenue per Form 990
$34,922,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,194,129
Salaries, Compensation, and Employee Benefits$2,495,443
Total Fundraising Expense$504,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,418,678$151,630$176,852$1,747,160
Current Officers, Directors, Trustees, and Key Employees$136,021$212,948$11,403$360,372
Interest$219,755--$219,755
Office Expenses$101,581$33,063$27,721$162,365
Other Employee Benefits$122,185$14,053$14,653$150,891
Payroll Taxes$110,581$26,252$13,555$150,388
Insurance$78,975$17,550$17,550$114,075
Occupancy$62,844$24,187$11,861$98,892
All Other Expenses$28,741$46,945$13,182$88,868
Travel$79,754$4,412$3,830$87,996
Pension Plan Contributions$71,827$6,035$8,770$86,632
Depreciation Depletion$55,413$22,807-$78,220
Fees for Services Other$17,715$56,068$504$74,287
Fees for Service Investment Mgmnt Fees-$62,615-$62,615
Other Expenses$37,351$128$9,368$46,719
Fees for Services Accounting-$40,693-$40,693
Conferences and Meetings$3,459$12,772$12,253$28,484
Fees for Services Lobbying$16,145--$16,145
Fees for Services Legal$5,033--$5,033
Total Functional Expenses$26,452,536$732,158$504,878$27,689,572

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$27,689,572
Expenses per Audited Statements$27,626,957
Total Expenses per Audited Statements$27,626,957
Expenses Not Reported on Financial Statements$62,615
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Beneficiary Use of Reserve Life Estate$2,583,570
Funds Held in Trust$617,201
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Part VI, Section B, Line 11B

The foundation's audit committee reviews the form 990 with management. The form 990 is also provided to the entire board of directors before it is filed.

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

The conflict of interest policy is required to be reviewed annually by each member of the board of directors.

Form 990, Part VI, Section B, Line 15

The foundation's personnel committee conducts an analysis of comparable compensation every three years. This analysis is conducted by a qualified consultant or volunteer using local and regional information where available. This data is used to recommend salary ranges and benefits to the board for its approval. The board is responsible for evaluating and establishing compensation for the president. The board and its designated members meet annually with the president and approve the president's compensation. The president recommends compensation and benefit changes for other employees and these are reviewed annually by the board. The president welcomes input from the board and is responsible for adjusting employee compensation based upon the total budgeted staff compensation approved by the board within the annual budget.

Form 990, Part VI, Section C, Line 18

Requests for the 990 can be directed to susan johnson, cfo, at the inhf office in des moines. Inhf 990 can also be viewed at guidestar.org.

Form 990, Part VI, Section C, Line 19

The foundations organizing documents and conflict of interest policy are made available to the public upon request. The foundation's financial statements are part of form 990 and are available upon request.

Filing and Contact Details

Filer

Filer Name
Iowa Natural Heritage Foundation
EIN
42-1127544
Phone
5152881846
Address
505 5TH AVENUE 444, DES MOINES, IA 50309

Signing Officer

Name
Joe Mcgovern
Title
President
Phone
5152881846
Signed
2023-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Mcgovern
Formed
1979
Legal Domicile
Ia
Voting Board Members
34
Independent Board Members
33
Employees
58
Volunteers
1,052

Preparer

Firm
Bergankdv Ltd
Address
12100 MEREDITH DR SUITE 200, URBANDALE, IA 50323
Preparer
Brent L Alexander CPA
Phone
5157275700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of real estate subject to life interest 468,986. Change in value of beneficial interest -15,062.

FORM 990 , PART XII, LINE 2C:

No change has occurred in the foundation's selection or oversight of the audit process of the foundation's financial statements.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of real estate subject ot life estate 468,986. Change in value of beneficial interest -15,062.

Part VI Line 1D

Part v, line 4: the foundation's endowment funds consists of board designated unrestricted net assets which are available for land conservation projects and permanently restricted net assets requiring that the principal be invested and only the earnings can be used.

Raw XML AppendixShowing 400 of 865 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION PROTECTS AND RESTORES IOWA'S LAND, WATER AND WILDLIFE FOR FUTURE GENERATIONS. THIS MEMBER-SUPPORTED ORGANIZATION'S PRIORITIES INCLUDE PERMANENT LAND PROTECTION, PROMOTION OF IMPROVED LAND MANAGEMENT AND BRINGING NEW CONSERVATION IDEAS AND OPPORTUNITIES TO IOWA.
IRS990/AllOtherContributionsAmt014973484
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IRS990/BooksInCareOfDetail/PhoneNum05152881846
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IRS990/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050309
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IRS990/Desc0LAND PROTECTION AND STEWARDSHIP:DURING THE 12-MONTH FISCAL YEAR JULY 1, 2021 - JUNE 30, 2022 INHF PROTECTED 45 CONSERVATION PROPERTIES TOTALING 5,068 ACRES. OF THESE, 30 PROPERTIES HAVE BEEN OR WILL BE TRANSFERRED TO A PUBLIC CONSERVATION AGENCY FOR PUBLIC ENJOYMENT. EIGHT PROPERTIES WILL BE OWNED AND STEWARDED BY INHF AND SIX CONSERVATION EASEMENTS ON PRIVATELY OWNED LANDS WERE ACCEPTED BY INHF. DESPITE THE IMPACTS THAT THE COVID PANDEMIC HAD ON THE NATION AND THE WORLD, OUR LAND CONSERVATION WORK CONTINUED AT A STEADY PACE. NUMEROUS LANDOWNERS CHOSE TO PERMANENTLY PROTECT WILDLIFE HABITAT, OPEN SPACE, AND AGRICULTURAL AREAS WITH INHF. ALL INHF-HELD CONSERVATION EASEMENT ARE MONITORED ANNUALLY BY VISITING THE PROPERTY AND TALKING WITH THE LANDOWNER. SINCE 1979, INHF HAS HELPED PROTECT OVER 188,387 ACRES OF LAND ACROSS IOWA. THIS INCLUDES IMPORTANT PROTECTION IN PRIORITY REGIONS SUCH AS THE LOESS HILLS OF WESTERN IOWA, UPPER MISSISSIPPI RIVER BLUFFLANDS AND IOWA GREAT LAKES AND PRAIRIE POTHOLE REGIONS. INHF WORKS TOWARDS THE CREATION OF LARGER STRETCHES OF INTER-CONNECTED PROTECTED CONSERVATION LANDS THAT IMPROVE WILDLIFE HABITAT AND OFFERS MANAGEMENT FOR IMPROVED SOIL HEALTH, WATER QUALITY AND OUTDOOR RECREATION.
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