Civic Intelligence

Northern Virginia Conservation Trust

990 • Fiscal year 2014 • EIN 54-1724626

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 11, 2015

Packard Center - 4022 Hummer Road22003

(703) 354-5093

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

21st percentile

0.01x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$92,883

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

47th percentile

1.3%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$2,322,631

Up $29,526 (+1.3%) from 2013

Net Assets

Up

$2,316,567

Up $31,732 (+1.4%) from 2013

Liabilities

Down

$6,064

Down $2,206 (-27%) from 2013

Revenue

$565,903

No earlier filing loaded for comparison.

Expenses

Up

$534,171

Up $12,195 (+2.3%) from 2013

Net Income

$31,732

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,956,065Liabilities 2011: $14,451Net Assets 2011: $2,941,6142011Assets 2012: $2,298,656Liabilities 2012: $9,868Net Assets 2012: $2,288,7882012Assets 2013: $2,293,105Liabilities 2013: $8,270Net Assets 2013: $2,284,8352013Assets 2014: $2,322,631Liabilities 2014: $6,064Net Assets 2014: $2,316,5672014Assets 2015: $2,263,037Liabilities 2015: $9,835Net Assets 2015: $2,253,2022015Assets 2016: $2,286,823Liabilities 2016: $27,870Net Assets 2016: $2,258,9532016Assets 2017: $2,260,470Liabilities 2017: $21,928Net Assets 2017: $2,238,5422017Assets 2018: $2,139,628Liabilities 2018: $16,383Net Assets 2018: $2,123,2452018Assets 2019: $2,054,992Liabilities 2019: $13,189Net Assets 2019: $2,041,8032019Assets 2020: $2,601,209Liabilities 2020: $118,154Net Assets 2020: $2,483,0552020Assets 2021: $2,919,813Liabilities 2021: $235,371Net Assets 2021: $2,684,4422021Assets 2022: $2,932,035Liabilities 2022: $40,116Net Assets 2022: $2,891,9192022Assets 2023: $4,435,981Liabilities 2023: $84,919Net Assets 2023: $4,351,0622023

Highlighted filing

2014

Assets$2,322,631
Liabilities$6,064
Net Assets$2,316,567

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $865,3542011Expenses 2012: $571,4972012Expenses 2013: $521,9762013Revenue 2014: $565,903Expenses 2014: $534,171Net Income 2014: $31,7322014Revenue 2015: $519,714Expenses 2015: $583,079Net Income 2015: -$63,3652015Revenue 2016: $676,231Expenses 2016: $670,480Net Income 2016: $5,7512016Revenue 2017: $688,804Expenses 2017: $708,106Net Income 2017: -$19,3022017Revenue 2018: $661,477Expenses 2018: $771,183Net Income 2018: -$109,7062018Revenue 2019: $695,869Expenses 2019: $782,519Net Income 2019: -$86,6502019Revenue 2020: $1,240,828Expenses 2020: $801,386Net Income 2020: $439,4422020Revenue 2021: $1,019,587Expenses 2021: $818,917Net Income 2021: $200,6702021Revenue 2022: $1,308,098Expenses 2022: $1,029,705Net Income 2022: $278,3932022Revenue 2023: $2,446,360Expenses 2023: $1,058,612Net Income 2023: $1,387,7482023

Highlighted filing

2014

Revenue$565,903
Expenses$534,171
Net Income$31,732
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 11, 2015
Return Version
2013v4.0
Gross Receipts
$565,903
Mission and Program Overview

Mission

The Northern Virginia Conservation Trust saves nearby nature by encouraging and assisting governments and private landowners to preserve and care for natural areas, trails, streams, parks, and historic and cultural resources for the benefit of current and future generations.

attached Federal Supplemental Information Statement 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,391,168$1,418,400▲ $27,232
Land, Buildings, and Equipment, Net$879,420$877,538▼ $1,882
Pledges and Grants Receivable$3,360$10,000▲ $6,640
Prepaid Expenses and Deferred Charges$9,457$6,493▼ $2,964
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,293,105$2,322,631▲ $29,526
Other Assets Total$9,700$10,200▲ $500
Liabilities
Other Liabilities$4,220$4,708▲ $488
Accounts Payable and Accrued Expenses$4,050$1,356▼ $2,694
Total Liabilities$8,270$6,064▼ $2,206
Net Assets / Fund Balance
Unrestricted Net Assets$1,055,053$1,560,309▲ $505,256
Temporarily Rstr Net Assets$1,229,782$756,258▼ $473,524
Total Net Assets Fund Balance$2,284,835$2,316,567▲ $31,732
Total Liabilities and Net Assets / Fund Balance$2,293,105$2,322,631▲ $29,526

Asset Categories

AssetBook ValueDepreciationBasis
Land$872,920-$872,920
Equipment$4,249$28,302$32,551
Other Land Buildings$369$187$556
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret H StevensExecutive DirectorFT$92,883$92,883
Nancy HydeExecutive DirectorFT$17,500$17,500

Board Members and Trustees

NameTitle
E Patrick CoadyChairman
Nancy HydeVice-Chairman
Dennis HertelDirector
Elinor SchwartzDirector
Frank CaseyDirector
Glenn PrickettDirector
Greg EvansDirector
Hon Jean R PackardDirector
Mark ShafferDirector
Mitch BonannoDirector
Patricia S TicerDirector
Tom VanBldricomDirector
Gary KirkbrideSecretary
Richard BlissTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$563,102
Program Service Revenue
$0
Investment Income
$2,801
Other Revenue
$0
All Other Contributions
$185,147
Change in Net Assets
$31,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$565,903
Total Revenue per Audited Statements
$565,903
Total Revenue per Form 990
$565,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$361,924
Other Expenses$172,247
Total Fundraising Expense$102,221
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,243$38,921$48,316$156,480
Current Officers, Directors, Trustees, and Key Employees$130,772$6,842$11,822$149,436
Information Technology$21,420$4,901$6,440$32,761
Payroll Taxes$17,961$4,109$5,400$27,470
Fees for Services Accounting$17,336$3,967$5,213$26,516
Fees for Services Other$16,837$3,852$5,062$25,751
All Other Expenses$18,356$1,792$3,196$23,344
Other Employee Benefits$13,198$3,022$3,967$20,187
Office Expenses$7,801$1,786$2,347$11,934
Occupancy$5,679$1,299$1,708$8,686
Pension Plan Contributions$5,460$1,248$1,643$8,351
Insurance$5,429$1,242$1,632$8,303
Travel$5,013$1,147$1,507$7,667
Other Expenses$3,447$789$1,036$5,272
Depreciation Depletion$1,231$281$370$1,882
Total Functional Expenses$354,802$77,148$102,221$534,171

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$534,171
Total Expenses per Audited Statements$534,171
Total Expenses per Form 990$534,171
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$4,708
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Line 11B: Form 990 Review Process

The 990 was reviewed by the Audit Committee in advance of presenting to the full Board of Directors.

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

Conflict of interest policy is reviewed and discussed with the board annually.

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

Each June, salaries are reviewed by the Executive Committee and Board using the latest version of "Land Trust Salaries and Benefits Survey Summary" published by the Independent Land Trust Alliance.

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

Each year, NVCT files its annual audit with Fairfax County, Arlington County, and the City of Alexandria which makes these documents publicly available from those jurisdictions. NVCT makes its governing documents, conflicts of interest policy, and financial statements available to the general public upon request.

Filing and Contact Details

Filer

EIN
54-1724626
Phone
7033545093

Signing Officer

Name
Richard W Bliss
Title
Treasurer
Signed
2015-02-11
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
14
Volunteers
20

Preparer

Preparer
Kishore K Pandey CPA
Phone
7032391066
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Statement 1Form 990, Part 1 Line 1-Briefly describe the organization's mission or most significant activities:NVCT is a regional land conservation organization dedicated to conserving open space and natural lands through conservation easements, land acquisition, land management, easement stewardship, and public education and outreach. NVCT works in partnership with county and regional planning organizations, state, federal, and private conservation organizations, and with private and public land owners to achieve the mission.form 990, part III, Line 1-Organization Mission:The Northern Virginia Conservation Trust saves nearby nature by encouraging and assisting governments and private landowners to preserve and care for natural areas, trails, streams, parks and historic and cultural resources for the benefit of current and future generationsFifteen Year vision: We visualize a future where most Northern Virginians by 2025 would be connected to the natural world by living within close proximity to a park, trail, protected stream valley or preserved natural area. We foresee a time when many of these areas are linked together in a connected tapestry of green spaces. We envision a community where everyone enjoys the benefits of clean water, fresh air, abundant wildlife, quiet recreation, scenic vistas, natural beauty, and conserved historic and cultural resources. The Northern Virginia Conservation Trust will be a leading advocate in the region for the protection and stewardship of nearby nature in order to make that vision a reality.

Financial Statement Notes

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

Donated property easements are recorded as Other Assets at a nominal amount of $100 per parcel, since by their very nature the easements are not marketable and cannot be sold by NVCT and NVCT has the perpetual duty to monitor and enforce the easements. NVCT has consistently reported easements at $100 each from the beginning of such reporting.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIR.
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IRS990/MissionDesc0attached Federal Supplemental Information Statement 1.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Stewardship is a necessary component of land conservation because conservation easements must be monitored and enforced in order to preserve the conservation values of the land in perpetuity. Program service revenue goes for the salary and associated benefits of NVCT staff that produce Baseline Studies as well as annual monitoring reports and other documentation to aid in the future enforcement of the terms and conditions of the conservation easements. Program service revenue also goes for all associated expenses, such as photographs and file administration.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Outreach is designed to educate the public about the benefits of land conservation and to encourage landowners to consider donating either conservation easements or their land itself to NVCT.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0519789

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.44$0.08$4.35$2.45$1.06$1.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.04$2.89$1.31$1.03$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.24$2.68$1.02$0.82$0.20
2020Summary only. Only limited summary data is available for this year.$2.60$0.12$2.48$1.24$0.80$0.44
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.01$2.04$0.70$0.78$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.02$2.12$0.66$0.77$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.02$2.24$0.69$0.71$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.29$0.03$2.26$0.68$0.67$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.26$0.01$2.25$0.52$0.58$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.32$0.01$2.32$0.57$0.53$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.01$2.28$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.01$2.29$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.01$2.94$0.87