Civic Intelligence

Gunpowder Valley Conservancy Inc

EIN 52-1657508 • 501(c)3 • Towson, MD

Profile

To educate and mobilize people and resources to preserve and restore the lands and waterways of the gunpowder watershed.

PO Box 9733Towson, MD 21284

www.gunpowdervalleyconservancy.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.08x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.06x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

28th percentile

-6.5%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-6.1%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$549,900

Down $35,667 (-6.1%) from 2023

Liabilities

Up

$43,475

Up $6,060 (+16%) from 2023

Net Assets

Down

$506,425

Down $41,727 (-7.6%) from 2023

Revenue

Down

$704,391

Down $105,135 (-13%) from 2023

Expenses

Down

$749,893

Down $67,139 (-8.2%) from 2023

Net Income

Down

-$45,502

Down $37,996 (-506%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $259,283Liabilities 2010: $0Net Assets 2010: $259,2832010Assets 2011: $311,555Liabilities 2011: $0Net Assets 2011: $311,5552011Assets 2012: $300,533Liabilities 2012: $0Net Assets 2012: $300,5332012Assets 2013: $342,698Liabilities 2013: $0Net Assets 2013: $342,6982013Assets 2014: $303,282Liabilities 2014: $02014Assets 2015: $294,246Liabilities 2015: $0Net Assets 2015: $294,2462015Assets 2016: $306,498Liabilities 2016: $6,176Net Assets 2016: $300,3222016Assets 2017: $295,039Liabilities 2017: $1,583Net Assets 2017: $293,4562017Assets 2018: $336,303Liabilities 2018: $1,543Net Assets 2018: $334,7602018Assets 2019: $546,780Liabilities 2019: $30,828Net Assets 2019: $515,9522019Assets 2020: $496,420Liabilities 2020: $31,792Net Assets 2020: $464,6282020Assets 2021: $546,051Liabilities 2021: $10,830Net Assets 2021: $535,2212021Assets 2022: $573,154Liabilities 2022: $20,835Net Assets 2022: $552,3192022Assets 2023: $585,567Liabilities 2023: $37,415Net Assets 2023: $548,1522023Assets 2024: $549,900Liabilities 2024: $43,475Net Assets 2024: $506,4252024

Highlighted filing

2024

Assets$549,900
Liabilities$43,475
Net Assets$506,425

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $71,850Expenses 2010: $116,249Net Income 2010: -$44,3992010Revenue 2011: $168,328Expenses 2011: $115,559Net Income 2011: $52,7692011Revenue 2012: $103,778Expenses 2012: $118,116Net Income 2012: -$14,3382012Revenue 2013: $166,539Expenses 2013: $131,147Net Income 2013: $35,3922013Revenue 2014: $139,084Expenses 2014: $180,881Net Income 2014: -$41,7972014Revenue 2015: $245,268Expenses 2015: $250,450Net Income 2015: -$5,1822015Revenue 2016: $355,233Expenses 2016: $353,241Net Income 2016: $1,9922016Revenue 2017: $386,068Expenses 2017: $398,248Net Income 2017: -$12,1802017Revenue 2018: $442,995Expenses 2018: $393,050Net Income 2018: $49,9452018Revenue 2019: $670,751Expenses 2019: $490,923Net Income 2019: $179,8282019Revenue 2020: $467,185Expenses 2020: $519,431Net Income 2020: -$52,2462020Revenue 2021: $787,665Expenses 2021: $721,476Net Income 2021: $66,1892021Revenue 2022: $732,631Expenses 2022: $706,106Net Income 2022: $26,5252022Revenue 2023: $809,526Expenses 2023: $817,032Net Income 2023: -$7,5062023Revenue 2024: $704,391Expenses 2024: $749,893Net Income 2024: -$45,5022024

Highlighted filing

2024

Revenue$704,391
Expenses$749,893
Net Income-$45,502

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.43$5.06$7.04$7.50$0.46
2023Summary only. Only limited summary data is available for this year.$5.86$0.37$5.48$8.10$8.17$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.73$0.21$5.52$7.33$7.06$0.27
2021Summary only. Only limited summary data is available for this year.$5.46$0.11$5.35$7.88$7.21$0.66
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$0.32$4.65$4.67$5.19$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.31$5.16$6.71$4.91$1.80
2018Summary only. Only limited summary data is available for this year.$3.36$0.02$3.35$4.43$3.93$0.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.02$2.93$3.86$3.98$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.06$3.00$3.55$3.53$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$2.45$2.50$0.05
2014Summary only. Only limited summary data is available for this year.$3.03$0.00$1.39$1.81$0.42
2013Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$1.67$1.31$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.00$3.01$1.04$1.18$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.00$3.12$1.68$1.16$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.00$2.59$0.72$1.16$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$713,453
Mission and Program Overview

Mission

To educate and mobilize people and resources to preserve and restore the lands and waterways of the gunpowder watershed.

To engage, connect, and inspire people to preserve and restore the Gunpowder Watershed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$225,769$152,864▼ $72,905
Savings and Temporary Cash Investments$107,555$113,027▲ $5,472
Investments in Publicly Traded Securities$93,864$103,668▲ $9,804
Accounts Receivable$108,437$59,644▼ $48,793
Land, Buildings, and Equipment, Net$5,251$3,785▼ $1,466
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$585,567$549,900▼ $35,667
Other Assets Total$44,691$116,912▲ $72,221
Liabilities
Accounts Payable and Accrued Expenses$37,415$43,475▲ $6,060
Total Liabilities$37,415$43,475▲ $6,060
Net Assets / Fund Balance
Net Assets With Donor Restrictions$292,045$262,310▼ $29,735
Net Assets Without Donor Restrictions$256,107$244,115▼ $11,992
Total Net Assets Fund Balance$548,152$506,425▼ $41,727
Total Liabilities and Net Assets / Fund Balance$585,567$549,900▼ $35,667

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,785$3,542$7,327
Other Assets Org$100--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$105,053-▲ $471-$105,524
2023$79,630$23,031▲ $2,392-$105,053
2022$79,631-▲ $8-$79,630
2021$79,624-▲ $7-$79,631
2020$59,772$19,213▲ $639-$79,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly TuckerExecutive DirectorFT$82,080$82,080

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$649,497
Program Service Revenue
$40,617
Investment Income
$6,651
Other Revenue
$7,626
All Other Contributions
$111,683
Change in Net Assets
$-45,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$389,681
Other Expenses$360,212
Total Fundraising Expense$28,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$175,110$82,094$9,599$266,803
Fees for Services Other$157,755$21,640$2,500$181,895
Current Officers, Directors, Trustees, and Key Employees$53,872$25,256$2,952$82,080
Fees for Services Accounting-$27,983-$27,983
Payroll Taxes$17,052$8,394$984$26,430
Travel$14,728$436$56$15,220
Other Employee Benefits-$14,368-$14,368
Information Technology$15$4,138$4,927$9,080
Office Expenses$796$6,255$1,579$8,630
Other Expenses$300$2,323$1,172$3,795
Insurance$3,558--$3,558
Occupancy-$3,172-$3,172
Conferences and Meetings$380$2,025$51$2,456
All Other Expenses-$47$35$82
Total Functional Expenses$517,945$203,256$28,692$749,893
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,508
Fundraising Direct Expenses$9,062
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebration$45,478$16,508$1,812$14,696
Total Events$45,478$16,508$9,062$7,446
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
Backup withholding compliance
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, Part VI, Section B, Line 11B

The gvc accomplishes the preparation and submission of form 990, or form 990-ez, tax returns by the following process: the return is prepared by an outside accounting firm. This package is distributed to all board members for their review and consideration of their comments or questions before final submission.

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

Gvc board of directors, advisors, and key personnel review and sign the conflict of interest policy annually. Any conflicts are reported via self-disclosure and brought to the board for discussion. Decisions are made on a case-by-case basis after board discussion.

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

The board of directors review the compensation of the executive director in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries.

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

Compensation of all employees is reviewed periodically by the executive director. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Gunpowder Valley Conservancy Inc
EIN
52-1657508
Phone
4432533570
Address
PO BOX 9733, TOWSON, MD 21284

Signing Officer

Name
Lindsay Crone
Title
Executive Director
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Crone
Formed
1989
Legal Domicile
Md
Voting Board Members
22
Independent Board Members
22
Employees
10
Volunteers
1,260

Preparer

Firm
C E a Scholtes and Associates
Address
106 TUNBRIDGE ROAD, BALTIMORE, MD 21212
Preparer
Chris Scholtes CPA
Phone
4103230010
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A - Program Service Accomplishments

Environmental restoration: reforestation: volunteers and staff planted 2,008 trees on 24.42 acres. Total for the past 35 years 40,156 trees planted in gunpowder watershed on 306 acres. Forest stewardship volunteers and staff maintained 6,486 trees on approximately 55 acres, removing 25,440 lbs. Of invasive plants. Streams: motivated the adoption of 12 new sites covering 3 new stream miles. Organized volunteers for 29 stream clean-ups that resulted in the removal of 13 tons of trash in 2024. Rain barrels: distributed 62 rain barrels during 3 workshops. Total storm water runoff collected: est. 15,500 sq. Ft from roof tops. 1 bay-wise yard certification. 12 conservation gardens installed including 10 rain gardens, 1 micro-bioretention practices, and 1 bayscape. Total 2024 gvc volunteers - 1,260. Total volunteer hours - 3,403 x $34.79 volunteer labor value in md $118,390.

Form 990, Part III, Line 4B - Program Service Accomplishments

Conservation education: conservation education: outreach - 48 outreach events held in 2024 for 1,114 people, 8 educational workshops/trainings, 37 presentations/tabling outreach, 3 special community events. 556 events since 2008 with 12,042 participants educated. Community partners: over 100 partnerships with community organizations, schools, churches, businesses and government agencies.

Financial Statement Notes

Part II, Line 9: Organization Reporting of conservation easements.

The gunpowder valley conservancy gvc owns conservation easements, which are intangible assets comprising listed rights and/or restrictions over the owned property that are conveyed by a property owner to the organization, in perpetuity, in order to conserve the owned property. These intangible assets may be sold or transferred to others so long as the assignee agrees to carry out in perpetuity, the conservation purposes intended by the original grantor. Such conservation easements, by their very nature, do not generate cash flow or provide future economic benefit. Accordingly, gvc expenses the cost of purchasing, monitoring and defending such easements. Gvc must maintain an adequate fund in reserve see part v, line 4 to position itself as a creditable guardian of the public interest in perpetual preservation of the conservation values on the property.

Part V, Line 4: Intended uses of the endowment fund.

Funds are provided by the state of maryland department of natural resources so that the gunpowder valley conservancy gvc may use the earnings to support the cost of monitoring and defending conservation easements purchased by the state in the gunpowder rural legacy area. Specific amounts are associated with each particular easement and are subject to the condition that if the state finds that the gvc has not properly discharged these duties with respect to an easement, then the conservancy may be required to refund the principal to the state. The principal may be used to defray costs of defending an easement but only with written permission from the state, therefore the funds are temporarily restricted. The principal is held in fdic deposits and the interest earned goes into a separate temporarily restricted fund to be used only for easement monitoring and defense costs, along with funds the gvc is able to raise from other sources for easement monitoring and defense.

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