Civic Intelligence

Natural Areas Conservancy Inc.

990 • Fiscal year 2019 • EIN 46-1791849

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 24, 2020

1234 Fifth AvenueNew York, NY 10029

(212) 360-3356

Siviq Scores

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

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.03x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Net Margin

70th percentile

23%

Higher net margin than 70% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$146,567

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Asset Growth

76th percentile

23%

Faster asset growth than 76% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-23%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,393,212

Up $826,542 (+23%) from 2018

Net Assets

Up

$4,285,037

Up $763,958 (+22%) from 2018

Liabilities

Up

$108,175

Up $62,584 (+137%) from 2018

Revenue

Down

$3,367,826

Down $1,029,183 (-23%) from 2018

Expenses

Up

$2,603,868

Up $1,727,938 (+197%) from 2018

Net Income

Down

$763,958

Down $2,757,121 (-78%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$4,393,212
Liabilities$108,175
Net Assets$4,285,037

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$3,367,826
Expenses$2,603,868
Net Income$763,958
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 24, 2020
Return Version
2019v5.0
Gross Receipts
$3,409,386
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.

Devoted to restoring and conserving New York City's 20,000 acres of woodlands and coastal areas. We preserve and promote ecological diversity and resilience across the five boroughs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,927,578$1,690,773▼ $236,805
Pledges and Grants Receivable$665,128$1,558,007▲ $892,879
Cash and Non-Interest-Bearing Accounts$938,778$1,081,767▲ $142,989
Investments in Publicly Traded Securities$15,982$42,268▲ $26,286
Prepaid Expenses and Deferred Charges$3,278$20,397▲ $17,119
Accounts Receivable$10,926$0▼ $10,926
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,566,670$4,393,212▲ $826,542
Other Assets Total$5,000$0▼ $5,000
Liabilities
Accounts Payable and Accrued Expenses$45,591$108,175▲ $62,584
Total Liabilities$45,591$108,175▲ $62,584
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,432,542$2,584,965▲ $152,423
Net Assets Without Donor Restrictions$1,088,537$1,700,072▲ $611,535
Total Net Assets Fund Balance$3,521,079$4,285,037▲ $763,958
Total Liabilities and Net Assets / Fund Balance$3,566,670$4,393,212▲ $826,542
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah Charlop-PowersExecutive DirectorFT$136,463$10,104$146,567

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Galvin Brothers IncContractor149 Steamboat Rd, Great Neck, NY 11024$397,634
Student Conservation AssociationRecruiting50 Vassar Farm Ln, Poughkeepsie, NY 12603$145,905
Revenue and Support

Revenue Composition

Contributions and Grants
$3,364,654
Program Service Revenue
$0
Investment Income
$3,172
Other Revenue
$0
All Other Contributions
$3,289,027
Change in Net Assets
$763,958

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$25,301
Total Noncash Contributions1$25,301

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,367,826
Revenue Not Reported on Form 990
$45,000
Total Revenue per Audited Statements
$3,412,826
Total Revenue per Form 990
$3,367,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,318,781
Other Expenses$1,285,087
Total Fundraising Expense$180,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$961,296$88,775$4,240$1,054,311
Other Salaries and Wages$850,069$21,527$92,066$963,662
Current Officers, Directors, Trustees, and Key Employees-$102,347$34,116$136,463
Other Employee Benefits$86,709$13,195$10,830$110,734
Payroll Taxes$79,576$12,110$9,939$101,625
Travel$71,078$19,479$805$91,362
Other Expenses$24,272$5,829$701$30,802
Office Expenses$8,665$8,829$695$18,189
Insurance-$7,015-$7,015
Pension Plan Contributions$4,931$750$616$6,297
Total Functional Expenses$2,102,645$320,262$180,961$2,603,868

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,648,868
Expenses per Audited Statements$2,603,868
Total Expenses per Form 990$2,603,868
Expenses Not Reported on Form 990$45,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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, Line 11B: Form 990 Review Process

The Natural Areas Conservancy shared a draft 990 with its board members before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

NAC has a board approved conflicts of interest policy. 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.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the board of directors reflect the nature of this process.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of key employees to determine if the existing salaries fall within these ranges. After a deliberation of this matter, new proposed salary and benefit packages are voted on. The minutes of the board of directors reflect the nature of this process.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The disclosure of governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Natural Areas Conservancy Inc
EIN
46-1791849
Phone
2123603356
Address
1234 Fifth Avenue, New York, NY 10029

Signing Officer

Name
Sarah Charlop-Powers
Title
Executive Director
Signed
2020-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Charlop-Powers
Formed
2012
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
23
Employees
17
Volunteers
1,400

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Conservancy does not believe its financial statements include any material, uncertain tax positions. Tax filings for the period ending December 31, 2018 (initial filing) are subject to examination by applicable taxing authorities.

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