Civic Intelligence

The Pisgah Conservancy

990 • Fiscal year 2018 • EIN 47-5267129

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

49 Pisgah Highway Ste 4Pisgah Forest, NC 28768

(760) 481-5653

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Asset Growth

98th percentile

894%

Faster asset growth than 98% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

242%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$321,958

Up $289,557 (+894%) from 2017

Net Assets

Up

$317,017

Up $287,711 (+982%) from 2017

Liabilities

Up

$4,941

Up $1,846 (+60%) from 2017

Revenue

Up

$453,139

Up $320,500 (+242%) from 2017

Expenses

Up

$165,428

Up $48,747 (+42%) from 2017

Net Income

Up

$287,711

Up $271,753 (+1703%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $10,473Net Assets 2015: $10,4732015Assets 2016: $17,517Liabilities 2016: $4,179Net Assets 2016: $13,3382016Assets 2017: $32,401Liabilities 2017: $3,095Net Assets 2017: $29,3062017Assets 2018: $321,958Liabilities 2018: $4,941Net Assets 2018: $317,0172018Assets 2019: $235,785Liabilities 2019: $5,353Net Assets 2019: $230,4322019Assets 2020: $290,251Liabilities 2020: $28,396Net Assets 2020: $261,8552020Assets 2021: $627,383Liabilities 2021: $68,292Net Assets 2021: $559,0912021Assets 2022: $692,220Liabilities 2022: $12,602Net Assets 2022: $679,6182022Assets 2023: $861,043Liabilities 2023: $44,252Net Assets 2023: $816,7912023Assets 2024: $1,067,023Liabilities 2024: $76,097Net Assets 2024: $990,9262024

Highlighted filing

2018

Assets$321,958
Liabilities$4,941
Net Assets$317,017

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $14,549Expenses 2015: $4,076Net Income 2015: $10,4732015Revenue 2016: $117,532Expenses 2016: $114,668Net Income 2016: $2,8642016Revenue 2017: $132,639Expenses 2017: $116,681Net Income 2017: $15,9582017Revenue 2018: $453,139Expenses 2018: $165,428Net Income 2018: $287,7112018Revenue 2019: $372,709Expenses 2019: $459,294Net Income 2019: -$86,5852019Revenue 2020: $336,438Expenses 2020: $305,015Net Income 2020: $31,4232020Revenue 2021: $748,652Expenses 2021: $451,416Net Income 2021: $297,2362021Revenue 2022: $605,541Expenses 2022: $485,014Net Income 2022: $120,5272022Revenue 2023: $799,331Expenses 2023: $673,656Net Income 2023: $125,6752023Revenue 2024: $1,170,975Expenses 2024: $1,006,583Net Income 2024: $164,3922024

Highlighted filing

2018

Revenue$453,139
Expenses$165,428
Net Income$287,711
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$453,148
Mission and Program Overview

Mission

To provide funding to enhance the recreational use of the pisgah ranger district by multiple user groups and preserve the pisgah's scenic beauty for future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,124$252,755▲ $251,631
Cash and Non-Interest-Bearing Accounts$18,124$50,729▲ $32,605
Land, Buildings, and Equipment, Net-$16,295-
Accounts Receivable$12,440$1,638▼ $10,802
Total Assets$32,401$321,958▲ $289,557
Other Assets Total$713$541▼ $172
Liabilities
Accounts Payable and Accrued Expenses$3,095$4,941▲ $1,846
Total Liabilities$3,095$4,941▲ $1,846
Net Assets / Fund Balance
Temporarily Rstr Net Assets$970$235,730▲ $234,760
Unrestricted Net Assets$28,336$81,287▲ $52,951
Total Net Assets Fund Balance$29,306$317,017▲ $287,711
Total Liabilities and Net Assets / Fund Balance$32,401$321,958▲ $289,557

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,295$1,291$17,586
Compensation and Service Providers

Board Members and Trustees

NameTitle
John CottinghamChair / Exec
Beverly MelenyzerBoard Member
Chris BakerBoard Member
Clark GallivanBoard Member
David PharrBoard Member
Tracey BakerBoard Member
Mark StierwaltSecretary
Carlton MurreyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$388,904
Program Service Revenue
$31,885
Investment Income
$110
Other Revenue
$32,240
All Other Contributions
$388,904
Change in Net Assets
$287,711

Audited Revenue Reconciliation

Revenue per Audited Statements
$453,139
Revenue Not Reported on Form 990
$70,364
Total Revenue per Audited Statements
$523,503
Total Revenue per Form 990
$453,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,662
Total Fundraising Expense$62,325
Salaries, Compensation, and Employee Benefits$61,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,661$10,079$32,922$48,662
Fees for Services Other$43,183--$43,183
Advertising--$19,659$19,659
Other Employee Benefits$2,206$1,491$4,871$8,568
Fees for Services Accounting-$8,200-$8,200
Office Expenses$3,856$2,127-$5,983
Payroll Taxes$528$940$3,068$4,536
Travel$2,343$146$1,160$3,649
Insurance-$2,517-$2,517
Other Expenses$1,871-$645$2,516
Depreciation Depletion$1,291--$1,291
Information Technology-$99-$99
Fees for Service Investment Mgmnt Fees-$5-$5
Total Functional Expenses$77,499$25,604$62,325$165,428

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$235,792
Expenses per Audited Statements$165,428
Total Expenses per Form 990$165,428
Expenses Not Reported on Form 990$70,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$32,240
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
Yes
Annual disclosure for covered persons
Yes
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
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 2

Chris baker tracey baker board member board member family relationship

Form 990, Page 6, Part VI, Line 11B

The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was provided to each voting board member prior to submission to the irs.

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

The conflict of interest policy requires that each current board member affirm he has received a copy of the policy, understands it, and is in compliance with its requirements. A board-designated committee reviews the policy and its affirmations periodically.

Form 990, Page 6, Part VI, Line 19

The organization's financial statements and governing documents are available upon request at the organization's administrative office or upon written request.

Filing and Contact Details

Filer

Filer Name
The Pisgah Conservancy
EIN
47-5267129
Phone
7604815653
Address
49 PISGAH HIGHWAY STE 4, PISGAH FOREST, NC 28768

Signing Officer

Name
John Cottingham
Title
Chair / Exec Director
Phone
7604815653
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Cottingham
Formed
2015
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
408

Preparer

Firm
Carter P C
Address
16 BILTMORE AVE SUITE 200, ASHEVILLE, NC 28001-3617
Preparer
Rufus W Dollar
Phone
8282599900
Supplemental Narrative

Additional Explanations

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

Supporting recreation - maintenance and construction - a primary goal of tpc will be to enhance the recreational experience of visitors to the pisgah while protecting the rich natural resources that attract them in the first place. Construction and maintenance of infrastructure, including trails, trailheads, buildings, monuments, parking lots, and other facilities will play a central role in accomplishing that goal. We work to maintain trail stability, reduce erosion and flow of sediments to waterways, prevent unacceptable trail impacts on wildlife and cultural resources, ensure that trails and trail shelters are not in disrepair and are supported by user groups and volunteers, make sure that they serve a meaningful purpose within a trail complex (or, if not, support their decommissioning), promote user safety (including through improved signage), help open and maintain approved scenic vistas, and contribute sustainable funding for the trails. We also seek to make improvements to trails and trailheads that are aesthetically pleasing. To the extent reasonably possible they should blend with the landscape and augment the natural beauty of the pisgah. Watershed improvement - through our trail maintenance and education programs we help reduce sediment runoff and keep trash from fouling our streams and rivers. When needed, we will take other steps to improve riparian health, opening clogged culverts, reducing damage from river access sites, and the like. Non-native invasive species eradication - we support the eradication of non-native invasive species from the pisgah in conjunction with the efforts of the forest service and other agencies. Removal of waste, litter, & graffiti - we support the forest service and organizations employed by the forest service in keeping the pisgah pristine. It is not acceptable to have waste, litter, and graffiti spoiling our campgrounds, trails, rivers, and forests. We plan to help through our education and volunteer activities to keep them clean and beautiful. Wildlife habitat improvement & restoration - we take steps to maintain and improve the environment for wildlife on the pisgah, in conjunction with the forest service and in accordance with its policies. Education - our goal is to enhance the awareness of individuals in local communities and users of the pisgah about its importance to our region and what is needed to protect it. We promote "leave-no-trace" principles, encouraging methods of trail usage that reduce damage to the environment. We will provide mechanisms both for educating users and for improving feedback to government agencies and volunteer trail maintainers on trail conditions.

Form 990, Part IX, Line 11G

Nepa archeological surveys 10,185 0 0 nepa botanical surveys 2,010 0 0 nnis treatment 10,638 0 0 other outside contracts 20,350 0 0 total 43,183 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The conservancy is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The convservancy believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions material to the financial statements. The conservancy's return of organization exempt from income tax (from 990) for the years ended december 31, 2017, 2016, and 2015 are subject to examination by the irs, generally for three years after they were filed.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSERVANCY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE CONVSERVANCY BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. THE CONSERVANCY'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FROM 990) FOR THE YEARS ENDED DECEMBER 31, 2017, 2016, AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt0165428
IRS990ScheduleD/TotalRevenuePerForm990Amt0453139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0523503
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0235792
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt032240
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt032240
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt032240
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
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IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0JOHN COTTINGHAM
IRS990ScheduleG/GamingManagerServicesProvTxt0GENERAL OVERSIGHT
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0CRYSTAL REESE
IRS990ScheduleG/LicensedInd0true
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IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt049 PISGAH HWY STE 4
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0PISGAH FOREST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORTING RECREATION - MAINTENANCE AND CONSTRUCTION - A PRIMARY GOAL OF TPC WILL BE TO ENHANCE THE RECREATIONAL EXPERIENCE OF VISITORS TO THE PISGAH WHILE PROTECTING THE RICH NATURAL RESOURCES THAT ATTRACT THEM IN THE FIRST PLACE. CONSTRUCTION AND MAINTENANCE OF INFRASTRUCTURE, INCLUDING TRAILS, TRAILHEADS, BUILDINGS, MONUMENTS, PARKING LOTS, AND OTHER FACILITIES WILL PLAY A CENTRAL ROLE IN ACCOMPLISHING THAT GOAL. WE WORK TO MAINTAIN TRAIL STABILITY, REDUCE EROSION AND FLOW OF SEDIMENTS TO WATERWAYS, PREVENT UNACCEPTABLE TRAIL IMPACTS ON WILDLIFE AND CULTURAL RESOURCES, ENSURE THAT TRAILS AND TRAIL SHELTERS ARE NOT IN DISREPAIR AND ARE SUPPORTED BY USER GROUPS AND VOLUNTEERS, MAKE SURE THAT THEY SERVE A MEANINGFUL PURPOSE WITHIN A TRAIL COMPLEX (OR, IF NOT, SUPPORT THEIR DECOMMISSIONING), PROMOTE USER SAFETY (INCLUDING THROUGH IMPROVED SIGNAGE), HELP OPEN AND MAINTAIN APPROVED SCENIC VISTAS, AND CONTRIBUTE SUSTAINABLE FUNDING FOR THE TRAILS. WE ALSO SEEK TO MAKE IMPROVEMENTS TO TRAILS AND TRAILHEADS THAT ARE AESTHETICALLY PLEASING. TO THE EXTENT REASONABLY POSSIBLE THEY SHOULD BLEND WITH THE LANDSCAPE AND AUGMENT THE NATURAL BEAUTY OF THE PISGAH. WATERSHED IMPROVEMENT - THROUGH OUR TRAIL MAINTENANCE AND EDUCATION PROGRAMS WE HELP REDUCE SEDIMENT RUNOFF AND KEEP TRASH FROM FOULING OUR STREAMS AND RIVERS. WHEN NEEDED, WE WILL TAKE OTHER STEPS TO IMPROVE RIPARIAN HEALTH, OPENING CLOGGED CULVERTS, REDUCING DAMAGE FROM RIVER ACCESS SITES, AND THE LIKE. NON-NATIVE INVASIVE SPECIES ERADICATION - WE SUPPORT THE ERADICATION OF NON-NATIVE INVASIVE SPECIES FROM THE PISGAH IN CONJUNCTION WITH THE EFFORTS OF THE FOREST SERVICE AND OTHER AGENCIES. REMOVAL OF WASTE, LITTER, & GRAFFITI - WE SUPPORT THE FOREST SERVICE AND ORGANIZATIONS EMPLOYED BY THE FOREST SERVICE IN KEEPING THE PISGAH PRISTINE. IT IS NOT ACCEPTABLE TO HAVE WASTE, LITTER, AND GRAFFITI SPOILING OUR CAMPGROUNDS, TRAILS, RIVERS, AND FORESTS. WE PLAN TO HELP THROUGH OUR EDUCATION AND VOLUNTEER ACTIVITIES TO KEEP THEM CLEAN AND BEAUTIFUL. WILDLIFE HABITAT IMPROVEMENT & RESTORATION - WE TAKE STEPS TO MAINTAIN AND IMPROVE THE ENVIRONMENT FOR WILDLIFE ON THE PISGAH, IN CONJUNCTION WITH THE FOREST SERVICE AND IN ACCORDANCE WITH ITS POLICIES. EDUCATION - OUR GOAL IS TO ENHANCE THE AWARENESS OF INDIVIDUALS IN LOCAL COMMUNITIES AND USERS OF THE PISGAH ABOUT ITS IMPORTANCE TO OUR REGION AND WHAT IS NEEDED TO PROTECT IT. WE PROMOTE "LEAVE-NO-TRACE" PRINCIPLES, ENCOURAGING METHODS OF TRAIL USAGE THAT REDUCE DAMAGE TO THE ENVIRONMENT. WE WILL PROVIDE MECHANISMS BOTH FOR EDUCATING USERS AND FOR IMPROVING FEEDBACK TO GOVERNMENT AGENCIES AND VOLUNTEER TRAIL MAINTAINERS ON TRAIL CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRIS BAKER TRACEY BAKER BOARD MEMBER BOARD MEMBER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION AND REVIEW, THE RETURN WAS PROVIDED TO EACH VOTING BOARD MEMBER PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY REQUIRES THAT EACH CURRENT BOARD MEMBER AFFIRM HE HAS RECEIVED A COPY OF THE POLICY, UNDERSTANDS IT, AND IS IN COMPLIANCE WITH ITS REQUIREMENTS. A BOARD-DESIGNATED COMMITTEE REVIEWS THE POLICY AND ITS AFFIRMATIONS PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE OR UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NEPA ARCHEOLOGICAL SURVEYS 10,185 0 0 NEPA BOTANICAL SURVEYS 2,010 0 0 NNIS TREATMENT 10,638 0 0 OTHER OUTSIDE CONTRACTS 20,350 0 0 TOTAL 43,183 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN COTTINGHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR / EXEC DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07604815653
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PISGAH CONSERVANCY
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