Civic Intelligence

Bubye Valley Conservation Research

990 • Fiscal year 2019 • EIN 47-2943606

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

5424 Sunol 10-235Pleasanton, CA 94566

(925) 339-2375

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

99th percentile

613%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

2649%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,320,576

Up $1,135,487 (+613%) from 2018

Net Assets

Up

$1,304,076

Up $1,118,987 (+605%) from 2018

Liabilities

$16,500

No earlier filing loaded for comparison.

Revenue

Up

$2,574,336

Up $2,480,698 (+2649%) from 2018

Expenses

Up

$1,330,747

Up $1,242,637 (+1410%) from 2018

Net Income

Up

$1,243,589

Up $1,238,061 (+22396%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $76,802Net Assets 2015: $76,8022015Assets 2016: $121,748Net Assets 2016: $121,7482016Assets 2017: $179,561Net Assets 2017: $179,5612017Assets 2018: $185,089Net Assets 2018: $185,0892018Assets 2019: $1,320,576Liabilities 2019: $16,500Net Assets 2019: $1,304,0762019Assets 2020: $67,398Liabilities 2020: $19,000Net Assets 2020: $48,3982020Assets 2021: $311,846Liabilities 2021: $17,400Net Assets 2021: $294,4462021Assets 2022: $309,732Liabilities 2022: $19,800Net Assets 2022: $289,9322022Assets 2023: $1,536,185Liabilities 2023: $20,900Net Assets 2023: $1,515,2852023Assets 2024: $246,879Liabilities 2024: $22,000Net Assets 2024: $224,8792024

Highlighted filing

2019

Assets$1,320,576
Liabilities$16,500
Net Assets$1,304,076

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $167,089Expenses 2015: $90,287Net Income 2015: $76,8022015Revenue 2016: $125,282Expenses 2016: $80,336Net Income 2016: $44,9462016Revenue 2017: $113,369Expenses 2017: $55,556Net Income 2017: $57,8132017Revenue 2018: $93,638Expenses 2018: $88,110Net Income 2018: $5,5282018Revenue 2019: $2,574,336Expenses 2019: $1,330,747Net Income 2019: $1,243,5892019Revenue 2020: $2,927,020Expenses 2020: $4,182,698Net Income 2020: -$1,255,6782020Revenue 2021: $6,211,000Expenses 2021: $5,964,952Net Income 2021: $246,0482021Revenue 2022: $4,500,000Expenses 2022: $4,504,514Net Income 2022: -$4,5142022Revenue 2023: $9,217,500Expenses 2023: $7,992,147Net Income 2023: $1,225,3532023Revenue 2024: $7,260,177Expenses 2024: $8,550,583Net Income 2024: -$1,290,4062024

Highlighted filing

2019

Revenue$2,574,336
Expenses$1,330,747
Net Income$1,243,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$2,574,336
Mission and Program Overview

Mission

Conservation and research of endangered wildlife.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,487$1,320,576▲ $1,260,089
Land, Buildings, and Equipment, Net$124,602--
Total Assets$185,089$1,320,576▲ $1,135,487
Liabilities
Accounts Payable and Accrued Expenses-$16,500-
Total Liabilities$0$16,500▲ $16,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,089$1,304,076▲ $1,118,987
Total Net Assets Fund Balance$185,089$1,304,076▲ $1,118,987
Total Liabilities and Net Assets / Fund Balance$185,089$1,320,576▲ $1,135,487
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin LeathemPresident
Howard HunterDirector
Pete FickDirector
Tracy AngelidakisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,574,336
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,574,336
Change in Net Assets
$1,243,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,310,203
Other Expenses$20,544
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,310,203--$1,310,203
Fees for Services Other-$19,050-$19,050
Other Expenses-$1,494-$1,494
Total Functional Expenses$1,310,203$20,544$0$1,330,747
International Activity

International Summary

Offices
1
Employees
10
Spending
$1,310,203

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
ZimbabweProgram ServicesWildlife Conservatio110$1,310,203
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

All documents reviewed by board members and managing director.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bubye Valley Conservation Research
EIN
47-2943606
Phone
9253392375
Address
5424 SUNOL 10-235, PLEASANTON, CA 94566

Signing Officer

Name
Tracy Angelidakis
Title
Treasurer
Phone
9253392375
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Angelidakis
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Wheeler Accountants Llp
Address
1475 SARATOGA AVE STE 100, SAN JOSE, CA 95129-4951
Preparer
Michael J Bryant CPA
Phone
4082521800
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Lion conservation research - since lions were re-introduced to bubye valley conservancy (bvc) in 1999 the population has grown rapidly. Today bvc is home to approximately 20% of zimbabwes lions. This is not just the largest continuous population of lion in zimbabwe but also the densest. Due to the importance of this population for the species conservation, and the unique management challenges associated with a large fenced population of lion, a long-term conservation research project was established in 2009. Seventeen lions were initially introduced to bvc in 1999. Ten years later, in 2009, when carnivore population surveys were initiated, the lion abundance was estimated to be at around 280 individuals. It has continued to grow. Today there are estimated to be in excess of 400 lions on bvc, which is the largest population in the country. Rhino conservation - black rhinos were first introduced to bvc in 2002, and the population growth rate was accelerated by continual translocations from other areas that were unable to protect their rhino populations as poaching escalated during the mid 2000s. In the face of the renewed rhino-poaching onslaught in zimbabwe, only the big privately owned conservancies are able to maintain positive rhino population growth rates.

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

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNUSUAL GRANTS RECEIVED: 2,500,000
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0WILDLIFE CONSERVATIO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LION CONSERVATION RESEARCH - SINCE LIONS WERE RE-INTRODUCED TO BUBYE VALLEY CONSERVANCY (BVC) IN 1999 THE POPULATION HAS GROWN RAPIDLY. TODAY BVC IS HOME TO APPROXIMATELY 20% OF ZIMBABWES LIONS. THIS IS NOT JUST THE LARGEST CONTINUOUS POPULATION OF LION IN ZIMBABWE BUT ALSO THE DENSEST. DUE TO THE IMPORTANCE OF THIS POPULATION FOR THE SPECIES CONSERVATION, AND THE UNIQUE MANAGEMENT CHALLENGES ASSOCIATED WITH A LARGE FENCED POPULATION OF LION, A LONG-TERM CONSERVATION RESEARCH PROJECT WAS ESTABLISHED IN 2009. SEVENTEEN LIONS WERE INITIALLY INTRODUCED TO BVC IN 1999. TEN YEARS LATER, IN 2009, WHEN CARNIVORE POPULATION SURVEYS WERE INITIATED, THE LION ABUNDANCE WAS ESTIMATED TO BE AT AROUND 280 INDIVIDUALS. IT HAS CONTINUED TO GROW. TODAY THERE ARE ESTIMATED TO BE IN EXCESS OF 400 LIONS ON BVC, WHICH IS THE LARGEST POPULATION IN THE COUNTRY. RHINO CONSERVATION - BLACK RHINOS WERE FIRST INTRODUCED TO BVC IN 2002, AND THE POPULATION GROWTH RATE WAS ACCELERATED BY CONTINUAL TRANSLOCATIONS FROM OTHER AREAS THAT WERE UNABLE TO PROTECT THEIR RHINO POPULATIONS AS POACHING ESCALATED DURING THE MID 2000S. IN THE FACE OF THE RENEWED RHINO-POACHING ONSLAUGHT IN ZIMBABWE, ONLY THE BIG PRIVATELY OWNED CONSERVANCIES ARE ABLE TO MAINTAIN POSITIVE RHINO POPULATION GROWTH RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS REVIEWED BY BOARD MEMBERS AND MANAGING DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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