Civic Intelligence

Natural Areas Conservancy Inc

EIN 46-1791849 • 501(c)3 • New York, NY

Profile

The natural areas conservancy champions urban natural areas in new york city and across the nation through innovative research, partnerships, and advocacy. (continued on schedule o)we increase the health and resilience of urban forests and wetlands, catalyze connections between people and nature, and strengthen the environmental workforce.working in partnership with the new york city department of parks and recreation (nyc parks), we seek to ensure the high-quality management of nyc's 20,000 acres of forests and wetlands. Driving the nac's work is the recognition that natural areas are increasingly vital to sustaining air quality, improving public health, providing new yorkers with access to nature, and strengthening our communities. Our work includes conducting scientific research, restoring natural habitats, developing tools to inform data-driven management, and increasing awareness and opportunities for the public to experience nyc's abundant nature.

1234 Fifth AvenueNew York, NY 10029

naturalareasnyc.org

Siviq Scores

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

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.05x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$258,996

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

19th percentile

-5.4%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,840,828

Down $335,152 (-5.4%) from 2023

Liabilities

Down

$157,330

Down $88 (-0.1%) from 2023

Net Assets

Down

$5,683,498

Down $335,064 (-5.6%) from 2023

Revenue

Down

$2,899,247

Down $1,005,955 (-26%) from 2023

Expenses

Up

$3,379,673

Up $373,875 (+12%) from 2023

Net Income

Down

-$480,426

Down $1,379,830 (-153%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $3,566,670Liabilities 2018: $45,591Net Assets 2018: $3,521,0792018Assets 2019: $4,393,212Liabilities 2019: $108,175Net Assets 2019: $4,285,0372019Assets 2020: $5,701,664Liabilities 2020: $272,270Net Assets 2020: $5,429,3942020Assets 2021: $5,460,471Liabilities 2021: $50,666Net Assets 2021: $5,409,8052021Assets 2022: $5,114,993Liabilities 2022: $166,902Net Assets 2022: $4,948,0912022Assets 2023: $6,175,980Liabilities 2023: $157,418Net Assets 2023: $6,018,5622023Assets 2024: $5,840,828Liabilities 2024: $157,330Net Assets 2024: $5,683,4982024

Highlighted filing

2024

Assets$5,840,828
Liabilities$157,330
Net Assets$5,683,498

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $4,397,009Expenses 2018: $875,930Net Income 2018: $3,521,0792018Revenue 2019: $3,367,826Expenses 2019: $2,603,868Net Income 2019: $763,9582019Revenue 2020: $3,185,273Expenses 2020: $2,040,172Net Income 2020: $1,145,1012020Revenue 2021: $2,307,893Expenses 2021: $2,326,421Net Income 2021: -$18,5282021Revenue 2022: $2,563,478Expenses 2022: $2,771,325Net Income 2022: -$207,8472022Revenue 2023: $3,905,202Expenses 2023: $3,005,798Net Income 2023: $899,4042023Revenue 2024: $2,899,247Expenses 2024: $3,379,673Net Income 2024: -$480,4262024

Highlighted filing

2024

Revenue$2,899,247
Expenses$3,379,673
Net Income-$480,426

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$2,999,674
Mission and Program Overview

Mission

Created in 2012, the Natural Areas Conservancy (NAC) is a non-profit organization devoted to restoring and conserving New York Citys 20,000 acres of woodlands and coastal areas. We preserve and promote ecological diversity and resilience across the five boroughs in close partnership with the New York City Department of Parks & Recreation (NYC Parks). Driving the NACs work is the recognition that natural areas are increasingly vital to sustaining air quality, improving public health, providing New Yorkers with access to nature, and strengthening our communities. Our long-term goal for New York City is to bring our natural assets on par with the great cultural amenities of the city. We seek to ensure that residents and visitors enjoy world-class recreation opportunities, while simultaneously enjoying the societal benefits that our natural parkland provides, including cleaner air and water.

Champions urban natural areas in nyc and across the nation through innovative research, partnerships, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,396,791$3,604,404▲ $207,613
Savings and Temporary Cash Investments$908,607$812,563▼ $96,044
Pledges and Grants Receivable$1,479,507$779,977▼ $699,530
Cash and Non-Interest-Bearing Accounts$375,186$633,814▲ $258,628
Prepaid Expenses and Deferred Charges$12,658$6,440▼ $6,218
Land, Buildings, and Equipment, Net$3,231$3,630▲ $399
Total Assets$6,175,980$5,840,828▼ $335,152
Liabilities
Accounts Payable and Accrued Expenses$107,462$155,330▲ $47,868
Deferred Revenue$49,956$2,000▼ $47,956
Total Liabilities$157,418$157,330▼ $88
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,196,043$3,527,961▲ $331,918
Net Assets With Donor Restrictions$2,822,519$2,155,537▼ $666,982
Total Net Assets Fund Balance$6,018,562$5,683,498▼ $335,064
Total Liabilities and Net Assets / Fund Balance$6,175,980$5,840,828▼ $335,152

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,630$3,468$7,098
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah Charlop-powersExecutive DirectorFT$209,841$49,155$258,996
Elizabeth MarraDeputy Director Public Prgm and Ops.FT$126,949$37,727$164,676
Shannon JordyDep Director of COM & Ext AffaiFT$131,240$28,619$159,859
Kate SeaseDeputy Director of DevelopFT$131,523$24,996$156,519
Amica KhanalControllerFT$122,094$14,322$136,416
Clara PregitzerDeputy Director ConserFT$120,048$5,960$126,008

Board Members and Trustees

NameTitle
Andrew WallachChairman
David LangerVice Chair
Aditi MohapatraDirector
Adrian BenepeDirector
Ariel SpeicherDirector
Augie FurstDirector
Bram GuntherDirector
Caroline BaradDirector
Christina ClaudioDirector
Clare PeetersDirector
Clark MitchellDirector
Drew LipsherDirector
Eric SandersonDirector
Hon Susan DonoghueDirector
Jon Paul BuchmeyerDirector
Julia RobbinsDirector
Justin HallDirector
Kenneth SahlDirector
Marcia BystrynDirector
Omar SloweDirector
Ross HabermanDirector
Seth McnaryDirector
Stacy SonnenbergDirector
Ted WolffDirector
Veronica WhiteDirector
Jane SokolowDirector (through 3/25)
Sarah R MorosDirector (through 9/24)
Katherine FrittsSecretary
Jodi ScheurenbrandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,609,173
Program Service Revenue
$141,976
Investment Income
$148,098
Other Revenue
$0
All Other Contributions
$1,909,624
Change in Net Assets
$-480,426

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,899,247
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$165,727
Total Revenue per Audited Statements
$3,064,974
Total Revenue per Form 990
$2,899,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,763,754
Other Expenses$567,624
Total Fundraising Expense$449,343
Grants and Similar Amounts Paid$48,295
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,541,159$250,085$251,078$2,042,322
Current Officers, Directors, Trustees, and Key Employees$129,498$64,749$64,749$258,996
Other Employee Benefits$148,450$27,174$27,846$203,470
Payroll Taxes$142,248$26,685$26,770$195,703
Fees for Services Other$151,929$6,036-$157,965
Travel$124,304$1,678$7,662$133,644
Pension Plan Contributions$47,504$8,155$7,604$63,263
Grants to Domestic Orgs$48,295--$48,295
Other Expenses$24,166$1,186$22$25,374
Fees for Services Accounting-$25,064-$25,064
Office Expenses$15,589$1,758$1,762$19,109
Insurance$4,313$809$812$5,934
Depreciation Depletion$1,711$321$322$2,354
Total Functional Expenses$2,484,889$445,441$449,343$3,379,673

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,400,038
Expenses per Audited Statements$3,379,673
Total Expenses per Form 990$3,379,673
Expenses Not Reported on Form 990$20,365
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Yale UniversityHew Haven, CT-Nasa Yale Subaward$29,242
Nyc Dept of Parks and RecreationNew York, NY-Staff Salary and Fringe Spent on Nfwf Idlewild Marsh (ny) Grant$19,053
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,300
Fundraising Gross Income$29,300
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night for Nature$514,110$29,300$29,300$0
Total Events$514,110$29,300$29,300$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
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
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, Part VI, Section B, Line 11B

The accounting firm prepared form 990 in collaboration with nac's finance department. The management thoroughly reviewed it. After the review, a final draft was shared with the finance and audit committee and the entire board for their review and comments before filing it with the irs.

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

Nac has a board approved conflicts of interest policy. A related party and conflict-of-interest policy is stated in article viii of nac's by-laws as of 12/4/2017. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions; employees do so at the start of their employment. No conflicts of interest were reported for the period ending december 31st, 2024.

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

The nac regularly conducts market assessments of other similarly sized environmental nonprofits in nyc to ensure we are offering competitive salaries to staff. A title and salary matrix is regularly updated so that every level of the organization has a low, mid, and high salary range for compensation. On an annual basis, we assess market conditions, employee performance and budget restrictions to determine the salary increases for employees. The board of directors reviews the executive director's performance and is responsible for setting the executive director's compensation.

Form 990, Part VI, Section C, Line 19

The disclosure of governing documents, conflict of interest policy, and financial statements are available to the public upon request. Audited financial statements and form 990s are posted on the organization's website for public viewing.

Filing and Contact Details

Filer

Filer Name
Natural Areas Conservancy Inc
EIN
46-1791849
Phone
9089126113
Address
1234 FIFTH AVENUE, NEW YORK, NY 10029

Signing Officer

Name
Andrew Wallach
Title
Interim Executive Director
Phone
9089126113
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Wallach
Formed
2012
Legal Domicile
Ny
Voting Board Members
28
Independent Board Members
28
Employees
39
Volunteers
500

Preparer

Firm
Sax Llp
Address
1040 AVENUE OF THE AMERICAS - 16TH, FL, NEW YORK, NY 10018
Preparer
Mike Schall
Phone
2122682804
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The conservancy does not believe its financial statements include any material, uncertain tax positions. Tax filings for the period ending december 31, 2021, are subject to examination by applicable taxing authorities.

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IRS990/Desc0RESEARCH & CONSERVATION: IN 2024, THE NAC'S FORESTS IN CITIES PROGRAM GREW TO REPRESENT THE WORK OF 21 CITIES WITH THE ADDITION OF TWO NEW CITY TEAMS. WE HOSTED A WORKSHOP IN MIAMI, FL, TO SHARE BEST PRACTICES AND SHOWCASE INNOVATION. WE STUDIED THE CAPACITY OF FORESTED NATURAL AREAS TO ABSORB STORMWATER AND REDUCE RUNOFF. NAC LED A CITYWIDE EFFORT, ALONG WITH NYC DEPARTMENT OF PARKS AND RECREATION STAFF SCIENTISTS TO COLLECT ECOLOGICAL DATA ON THE HEALTH AND EXTENT OF NEW YORK CITY'S NATURAL AREAS, LAST COMPLETED IN 2014. THE EFFORT INVOLVED DATA COLLECTION IN 77 PARKS ACROSS ALL 5 BOROUGHS AND WILL PROVIDE CRITICAL INFORMATION TO EVALUATE CHANGES IN NYC'S ENVIRONMENT OVER THE LAST 10 YEARS. (CONTINUED ON SCHEDULE O) WE ASSESSED CHANGES IN THE HEALTH OF NYC'S NATURAL AREAS OVER THE PAST 10 YEARS. WE LAUNCHED A NATIONAL RESEARCH EFFORT TO MAP NATURAL AREAS IN 21 CITIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt30DEPUTY DIRECTOR OF DEVELOP
IRS990/Form990PartVIISectionAGrp/TitleTxt31DEP DIR OF COM & EXT AFFAI
IRS990/Form990PartVIISectionAGrp/TitleTxt32DEPUTY DIR. PUBLIC PRGM AND OPS.
IRS990/Form990PartVIISectionAGrp/TitleTxt33CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt34DEPUTY DIR. CONSER
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IRS990/MissionDesc0THE NATURAL AREAS CONSERVANCY CHAMPIONS URBAN NATURAL AREAS IN NEW YORK CITY AND ACROSS THE NATION THROUGH INNOVATIVE RESEARCH, PARTNERSHIPS, AND ADVOCACY. WE INCREASE THE HEALTH AND RESILIENCE OF URBAN FORESTS AND WETLANDS, CATALYZE CONNECTIONS BETWEEN PEOPLE AND NATURE, AND STRENGTHEN THE ENVIRONMENTAL WORKFORCE.WORKING IN PARTNERSHIP WITH THE NEW YORK CITY DEPARTMENT OF PARKS AND RECREATION (NYC PARKS), WE SEEK TO ENSURE THE HIGH-QUALITY MANAGEMENT OF NYC'S 20,000 ACRES OF FORESTS AND WETLANDS. DRIVING THE NAC'S WORK IS THE RECOGNITION THAT NATURAL AREAS ARE INCREASINGLY VITAL TO SUSTAINING AIR QUALITY, IMPROVING PUBLIC HEALTH, PROVIDING NEW YORKERS WITH ACCESS TO NATURE, AND STRENGTHENING OUR COMMUNITIES. OUR WORK INCLUDES CONDUCTING SCIENTIFIC RESEARCH, RESTORING NATURAL HABITATS, DEVELOPING TOOLS TO INFORM DATA-DRIVEN MANAGEMENT, AND INCREASING AWARENESS AND OPPORTUNITIES FOR THE PUBLIC TO EXPERIENCE NYC'S ABUNDANT NATURE.
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