Civic Intelligence

Pelican Coast Conservancy Inc

EIN 47-4565724 • 501(c)3 • Mobile, AL

Profile

Organization's mission is to provide 21st century solutions and sound scientific applications for conservation of critical natural resources in the face of a changing climate focusing on the southeastern u.s. With specific utilization of geographic information systems applications in land conservation, ecosystems services, carbon sequestration and conservation biology.

403 Conti StMobile, AL 36602

www.pelicancoastconservancy.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

14.68x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

1st percentile

-432%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

81st percentile

$493,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

29th percentile

0.0%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$36,079,710

Up $10,357 (+0.0%) from 2022

Liabilities

Up

$1,325,934

Up $400,799 (+43%) from 2022

Net Assets

Down

$34,753,776

Down $390,442 (-1.1%) from 2022

Revenue

Down

$90,337

Down $210,290 (-70%) from 2022

Expenses

Up

$480,779

Up $94,481 (+24%) from 2022

Net Income

Down

-$390,442

Down $304,771 (-356%) from 2022

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2019: $218,968Liabilities 2019: $145,733Net Assets 2019: $73,2352019Assets 2020: $80,968Liabilities 2020: $559,745Net Assets 2020: -$478,7772020Assets 2021: $36,087,677Liabilities 2021: $857,788Net Assets 2021: $35,229,8892021Assets 2022: $36,069,353Liabilities 2022: $925,135Net Assets 2022: $35,144,2182022Assets 2023: $36,079,710Liabilities 2023: $1,325,934Net Assets 2023: $34,753,7762023

Highlighted filing

2023

Assets$36,079,710
Liabilities$1,325,934
Net Assets$34,753,776

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2019: $585,767Expenses 2019: $376,529Net Income 2019: $209,2382019Revenue 2020: $110,019Expenses 2020: $662,031Net Income 2020: -$552,0122020Revenue 2021: $36,179,183Expenses 2021: $470,517Net Income 2021: $35,708,6662021Revenue 2022: $300,627Expenses 2022: $386,298Net Income 2022: -$85,6712022Revenue 2023: $90,337Expenses 2023: $480,779Net Income 2023: -$390,4422023

Highlighted filing

2023

Revenue$90,337
Expenses$480,779
Net Income-$390,442

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v4.0
Gross Receipts
$36,179,183
Mission and Program Overview

Mission

Organization's mission is to provide 21st century solutions and sound scientific applications for conservation of critical natural resources in the face of a changing climate focusing on the southeastern u.s. With specific utilization of geographic information systems applications in land conservation, ecosystems services, carbon sequestration and conservation biology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,558$114,546▲ $74,988
Accounts Receivable-$86,400-
Land, Buildings, and Equipment, Net$41,410$26,731▼ $14,679
Total Assets$80,968$36,087,677▲ $36,006,709
Other Assets Total-$35,860,000-
Liabilities
Other Liabilities$511,695$849,502▲ $337,807
Unsecured Notes Loans Payable$47,900--
Accounts Payable and Accrued Expenses$150$8,286▲ $8,136
Total Liabilities$559,745$857,788▲ $298,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-478,777$35,229,889▲ $35,708,666
Total Net Assets Fund Balance$-478,777$35,229,889▲ $35,708,666
Total Liabilities and Net Assets / Fund Balance$80,968$36,087,677▲ $36,006,709

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,731$46,662$73,393
Other Assets Org$35,860,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert D Keller PhdCEO (non-votPT$178,000$315,000$493,000
Robert D Keller PhdCEO (non-voting)-$165,000$13,000$178,000
Walter ErnestDirector ofFT$82,972-$82,972

Board Members and Trustees

NameTitle
Amberle GodfreyDirector
Gary HammondDirector
Joe WalkerDirector
Ralph HavardDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$36,140,484
Program Service Revenue
$38,699
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,076,210
Change in Net Assets
$35,708,666

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 Amount
Other Non Cash Contri Table1$35,860,000
Total Noncash Contributions1$35,860,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$411,638
Other Expenses$58,629
Grants and Similar Amounts Paid$250
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$310,843--$310,843
Pension Plan Contributions$49,600--$49,600
Other Employee Benefits$32,543--$32,543
Payroll Taxes$18,652--$18,652
Depreciation Depletion$14,679--$14,679
Occupancy$6,462--$6,462
Fees for Services Accounting-$5,135-$5,135
Office Expenses$4,920--$4,920
Fees for Services Legal$4,285--$4,285
Conferences and Meetings$2,451--$2,451
Travel$2,163--$2,163
Information Technology$1,000--$1,000
Other Expenses$666--$666
Grants to Domestic Orgs$250--$250
All Other Expenses-$51-$51
Total Functional Expenses$465,331$5,186$0$470,517
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advances From Acc$665,262
Payroll Liabilities$101,943
Sba Loan$52,297
Unearned Professional Fees$30,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Page 6, Part VI, Line 11B

The draft of the form 990 is distributed to all board members for review and comments before being filed.

Form 990, Page 6, Part VI, Line 12C

Per conservancy's by-laws, a conflict of interest exists when a board member has a material interest in a transaction or project under consideration by the board of directors or when that person proposes to act on any issue, matter, or transaction in which the conservancy has an interest and in which the interested person may have an interest separate from that of the conservancy. A conflict of interest may also exist in situations in which there is the appearance that an interested person in utilizing for his or her own benefit inside information that is proprietary to the conservancy is acting in his or her own interest rather than the best interest of the conservancy because of his or her status as an interested person or major donor. Specific procedures for addressing conflicts of interest are outlined in conservancy's by-laws.

Form 990, Page 6, Part VI, Line 15A

Comparison to similar positions in other land conservation organizations, for both officers and paid staff is used to determine a fair market compensation. Consideration of the individual's number or hours dedicated to the conservancy and role as sole individual responsible for completion of transactions was also given to the ceo.

Form 990, Page 6, Part VI, Line 15B

Comparison to similar positions in other land conservation organizations for both officers and paid staff is used to determine a fair market compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents, the conflict of interest policy, and financial statements are available to the public upon request. Additionally, form 990 and related schedules are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Pelican Coast Conservancy Inc
EIN
47-4565724
Phone
2512228959
Address
403 CONTI ST, MOBILE, AL 36602

Signing Officer

Name
Robert D Keller Phd
Title
CEO (non-voting)
Phone
2512228959
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert D Keller Phd
Formed
2015
Legal Domicile
Al
Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Skalski Cpas LLC
Address
1867 INDEPENDENCE SQ STE 102, DUNWOODY, GA 30338
Preparer
Kimberly a Skalski CPA
Phone
6783365303
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organization's mission is to provide 21st century solutions and sound scientific applications for conservation of critical natural resources in the face of a changing climate focusing on the southeastern u.s. With specific utilization of geographic information systems applications in land conservation, ecosystems services, carbon sequestration and conservation biology.

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

The conservancy conducted monitoring of its conservation easements and incurring expenses for qualified staff and expenses of monitoring.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

The conservancy provides a publication entitled "general guidelines for conservation easement projects" to all donors which details the responsilibity of the conservancy in providing monitoring of the properties under conservation easement not less than annually.

Schedule D, Page 1, Part II, Line 9

A conservation easement ("ce") is not a marketable interest in real estate and has no segregable economic value to the conservancy. The vested property rights granted to the conservancy in the ce agreement represents an intangible asset. Under the terms of the ce agreement, the occurence of specific conditions upon which these granted property rights may benefit the conservancy's future cash flows are considered by management as remote and unmeasurable. Therefore under generally accepted accounting principles ("gaap") a ce transaction represents neither donated assets or revenue, and thus is not recorded by the conservancy.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc058.7 ACRES LAND IN PIKE COUNTY MO
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046662
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SBA LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3UNEARNED PROFESSIONAL FEES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSERVANCY PROVIDES A PUBLICATION ENTITLED "GENERAL GUIDELINES FOR CONSERVATION EASEMENT PROJECTS" TO ALL DONORS WHICH DETAILS THE RESPONSILIBITY OF THE CONSERVANCY IN PROVIDING MONITORING OF THE PROPERTIES UNDER CONSERVATION EASEMENT NOT LESS THAN ANNUALLY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1A CONSERVATION EASEMENT ("CE") IS NOT A MARKETABLE INTEREST IN REAL ESTATE AND HAS NO SEGREGABLE ECONOMIC VALUE TO THE CONSERVANCY. THE VESTED PROPERTY RIGHTS GRANTED TO THE CONSERVANCY IN THE CE AGREEMENT REPRESENTS AN INTANGIBLE ASSET. UNDER THE TERMS OF THE CE AGREEMENT, THE OCCURENCE OF SPECIFIC CONDITIONS UPON WHICH THESE GRANTED PROPERTY RIGHTS MAY BENEFIT THE CONSERVANCY'S FUTURE CASH FLOWS ARE CONSIDERED BY MANAGEMENT AS REMOTE AND UNMEASURABLE. THEREFORE UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ("GAAP") A CE TRANSACTION REPRESENTS NEITHER DONATED ASSETS OR REVENUE, AND THUS IS NOT RECORDED BY THE CONSERVANCY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 1, PART II, LINE 9
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt013750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT D KELLER PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO (NON-VOTING)
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CONSERVANCY OFTEN PAYS FOR FIRST CLASS TRAVEL SO THAT EMPLOYEES AND BOARD MEMBERS CAN CONDUCT BUSINESS ON THEIR FLIGHT. GIVEN THE LIMITED SPACE OF COACH CLASS SEATING, WORKING ON A LAPTOP OR OTHER DEVICE IS DIFFICULT AT BEST. ADDITIONALLY, CONFIDENTIALITY OF INFORMATON IS MUCH HARDER TO MAINTAIN IN THE CONFINEMENT OF THE COACH SPACE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS DETERMINED THROUGH EXAMINATION OF SIMILAR ORGANIZATIONS, SALARY SURVEYS OF SIMILAR POSITIONS IN BOTH FOR PROFIT AND NON-PROFIT ORGANIZATIONS, AND CONSIDERATION OF THE HOURS CONTRIBUTED PER WEEK AS THE CONSERVANCY'S ONLY EXECUTIVE CARRYING OUT THE TRANSACTIONS SUPPORTING THE MISSION OF THE ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 1A
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PAGE 1, PART I, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S MISSION IS TO PROVIDE 21ST CENTURY SOLUTIONS AND SOUND SCIENTIFIC APPLICATIONS FOR CONSERVATION OF CRITICAL NATURAL RESOURCES IN THE FACE OF A CHANGING CLIMATE FOCUSING ON THE SOUTHEASTERN U.S. WITH SPECIFIC UTILIZATION OF GEOGRAPHIC INFORMATION SYSTEMS APPLICATIONS IN LAND CONSERVATION, ECOSYSTEMS SERVICES, CARBON SEQUESTRATION AND CONSERVATION BIOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONSERVANCY CONDUCTED MONITORING OF ITS CONSERVATION EASEMENTS AND INCURRING EXPENSES FOR QUALIFIED STAFF AND EXPENSES OF MONITORING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DRAFT OF THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PER CONSERVANCY'S BY-LAWS, A CONFLICT OF INTEREST EXISTS WHEN A BOARD MEMBER HAS A MATERIAL INTEREST IN A TRANSACTION OR PROJECT UNDER CONSIDERATION BY THE BOARD OF DIRECTORS OR WHEN THAT PERSON PROPOSES TO ACT ON ANY ISSUE, MATTER, OR TRANSACTION IN WHICH THE CONSERVANCY HAS AN INTEREST AND IN WHICH THE INTERESTED PERSON MAY HAVE AN INTEREST SEPARATE FROM THAT OF THE CONSERVANCY. A CONFLICT OF INTEREST MAY ALSO EXIST IN SITUATIONS IN WHICH THERE IS THE APPEARANCE THAT AN INTERESTED PERSON IN UTILIZING FOR HIS OR HER OWN BENEFIT INSIDE INFORMATION THAT IS PROPRIETARY TO THE CONSERVANCY IS ACTING IN HIS OR HER OWN INTEREST RATHER THAN THE BEST INTEREST OF THE CONSERVANCY BECAUSE OF HIS OR HER STATUS AS AN INTERESTED PERSON OR MAJOR DONOR. SPECIFIC PROCEDURES FOR ADDRESSING CONFLICTS OF INTEREST ARE OUTLINED IN CONSERVANCY'S BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPARISON TO SIMILAR POSITIONS IN OTHER LAND CONSERVATION ORGANIZATIONS, FOR BOTH OFFICERS AND PAID STAFF IS USED TO DETERMINE A FAIR MARKET COMPENSATION. CONSIDERATION OF THE INDIVIDUAL'S NUMBER OR HOURS DEDICATED TO THE CONSERVANCY AND ROLE AS SOLE INDIVIDUAL RESPONSIBLE FOR COMPLETION OF TRANSACTIONS WAS ALSO GIVEN TO THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPARISON TO SIMILAR POSITIONS IN OTHER LAND CONSERVATION ORGANIZATIONS FOR BOTH OFFICERS AND PAID STAFF IS USED TO DETERMINE A FAIR MARKET COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, FORM 990 AND RELATED SCHEDULES ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JASPER
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