Civic Intelligence

Association for the Preservation of the Eno River Valley Inc.

990 • Fiscal year 2016 • EIN 56-1134204

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 08, 2017

4404 Guess RoadDurham, NC 27712

(919) 620-9099

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

10th percentile

0.01x

Higher debt load relative to revenue than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

25th percentile

$59,167

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

68th percentile

7.2%

Faster asset growth than 68% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

39%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$7,889,625

Up $530,369 (+7.2%) from 2015

Net Assets

Up

$7,878,102

Up $527,614 (+7.2%) from 2015

Liabilities

Up

$11,523

Up $2,755 (+31%) from 2015

Revenue

Up

$1,244,418

Up $350,437 (+39%) from 2015

Expenses

Up

$716,804

Up $33,732 (+4.9%) from 2015

Net Income

Up

$527,614

Up $316,705 (+150%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $3,375,874Liabilities 2010: $6,141Net Assets 2010: $3,369,7332010Assets 2011: $6,171,619Liabilities 2011: $11,529Net Assets 2011: $6,160,0902011Assets 2012: $6,540,387Liabilities 2012: $8,690Net Assets 2012: $6,531,6972012Assets 2013: $7,002,954Liabilities 2013: $52,139Net Assets 2013: $6,950,8152013Assets 2014: $7,147,777Liabilities 2014: $8,198Net Assets 2014: $7,139,5792014Assets 2015: $7,359,256Liabilities 2015: $8,768Net Assets 2015: $7,350,4882015Assets 2016: $7,889,625Liabilities 2016: $11,523Net Assets 2016: $7,878,1022016Assets 2017: $8,380,310Liabilities 2017: $188,521Net Assets 2017: $8,191,7892017Assets 2018: $8,735,976Liabilities 2018: $14,059Net Assets 2018: $8,721,9172018Assets 2019: $8,861,704Liabilities 2019: $13,020Net Assets 2019: $8,848,6842019Assets 2020: $11,500,305Liabilities 2020: $92,627Net Assets 2020: $11,407,6782020Assets 2021: $11,987,278Liabilities 2021: $21,241Net Assets 2021: $11,966,0372021Assets 2022: $11,840,027Liabilities 2022: $24,442Net Assets 2022: $11,815,5852022Assets 2023: $11,701,686Liabilities 2023: $42,544Net Assets 2023: $11,659,1422023Assets 2024: $11,791,645Liabilities 2024: $28,579Net Assets 2024: $11,763,0662024

Highlighted filing

2016

Assets$7,889,625
Liabilities$11,523
Net Assets$7,878,102

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $527,7882010Expenses 2011: $618,9522011Expenses 2012: $584,8202012Revenue 2013: $1,036,155Expenses 2013: $617,037Net Income 2013: $419,1182013Revenue 2014: $803,373Expenses 2014: $614,609Net Income 2014: $188,7642014Revenue 2015: $893,981Expenses 2015: $683,072Net Income 2015: $210,9092015Revenue 2016: $1,244,418Expenses 2016: $716,804Net Income 2016: $527,6142016Revenue 2017: $1,014,664Expenses 2017: $707,584Net Income 2017: $307,0802017Revenue 2018: $1,357,716Expenses 2018: $793,465Net Income 2018: $564,2512018Revenue 2019: $992,737Expenses 2019: $928,568Net Income 2019: $64,1692019Revenue 2020: $3,639,233Expenses 2020: $758,261Net Income 2020: $2,880,9722020Revenue 2021: $1,687,102Expenses 2021: $1,176,457Net Income 2021: $510,6452021Revenue 2022: $1,343,708Expenses 2022: $1,283,878Net Income 2022: $59,8302022Revenue 2023: $1,359,377Expenses 2023: $1,623,150Net Income 2023: -$263,7732023Revenue 2024: $2,632,723Expenses 2024: $2,546,929Net Income 2024: $85,7942024

Highlighted filing

2016

Revenue$1,244,418
Expenses$716,804
Net Income$527,614
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 8, 2017
Return Version
2016v3.0
Gross Receipts
$1,284,676
Mission and Program Overview

Mission

To conserve and protect the natural, historical, and cultural resources of the eno river basin.

Conservation of significant natural areas in eno river basin

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,547,022$6,729,728▲ $182,706
Savings and Temporary Cash Investments$697,957$859,743▲ $161,786
Pledges and Grants Receivable-$120,000-
Cash and Non-Interest-Bearing Accounts$74,995$114,783▲ $39,788
Accounts Receivable$5,336$10,618▲ $5,282
Prepaid Expenses and Deferred Charges$5,361$5,567▲ $206
Investments in Publicly Traded Securities$3,065--
Total Assets$7,359,256$7,889,625▲ $530,369
Other Assets Total$25,520$49,186▲ $23,666
Liabilities
Accounts Payable and Accrued Expenses$8,768$11,523▲ $2,755
Total Liabilities$8,768$11,523▲ $2,755
Net Assets / Fund Balance
Unrestricted Net Assets$6,850,283$7,063,849▲ $213,566
Temporarily Rstr Net Assets$500,205$814,253▲ $314,048
Total Net Assets Fund Balance$7,350,488$7,878,102▲ $527,614
Total Liabilities and Net Assets / Fund Balance$7,359,256$7,889,625▲ $530,369

Asset Categories

AssetBook ValueDepreciationBasis
Land$6,365,078-$6,365,078
Buildings$351,764$356,046$707,810
Equipment$4,664$20,320$24,984
Other Land Buildings$8,222$4,876$13,098

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$220,895$3,914--$224,809
2015$173,852$46,570▲ $473-$220,895
2014$172,274$878▲ $700-$173,852
2013$146,245$26,029--$172,274
2012$129,953$15,325▲ $967-$146,245
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin JacobsExecutive DiFT$59,167$59,167

Board Members and Trustees

NameTitle
Barbara DriscollPresident
Alanna HowardDirector
Holly ReidDirector
Joe LilesDirector
Joellen MasonDirector
Michael SalemiDirector
Sara ChildsDirector
Bercedis PetersonSecretary
Carson HarkraderTreasurer
Milo PyneVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$870,970
Program Service Revenue
$276,795
Investment Income
$5,464
Other Revenue
$91,189
All Other Contributions
$699,833
Change in Net Assets
$527,614

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Other1$46,250
Cars and Other Vehicles1$1,592
Total Noncash Contributions2$47,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,244,418
Revenue Not Reported on Form 990
$40,258
Total Revenue per Audited Statements
$1,284,676
Total Revenue per Form 990
$1,244,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,628
Salaries, Compensation, and Employee Benefits$338,176
Total Fundraising Expense$181,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,519$146$85,836$245,501
All Other Expenses$91,513$22,168$13,918$127,599
Current Officers, Directors, Trustees, and Key Employees$41,417$10,650$7,100$59,167
Occupancy$36,405$198$1,702$38,305
Payroll Taxes$15,847$170$8,371$24,388
Office Expenses$8,385$15,659-$24,044
Other Expenses$18,422-$49,411$18,422
Fees for Services Accounting-$11,900-$11,900
Information Technology-$7,575$3,799$11,374
Depreciation Depletion$1,368$890$7,658$9,916
Advertising$8,242--$8,242
Insurance$6,844$82$709$7,635
Pension Plan Contributions$4,938$265$2,284$7,487
Travel$1,618$1,629-$3,247
Conferences and Meetings-$2,140-$2,140
Other Employee Benefits$1,077$58$498$1,633
Total Functional Expenses$461,988$73,530$181,286$716,804

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$757,062
Expenses per Audited Statements$716,804
Total Expenses per Form 990$716,804
Expenses Not Reported on Form 990$40,258
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,743
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
50th Anniversar$48,141$48,141-$48,141
Eno Run$7,000$7,000-$7,000
Total Events$55,141$55,141-$55,141
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 6

Any person in the general public may purchase a membership.

Form 990, Page 6, Part VI, Line 7A

Persons on the board of directors may be elected by the membership at the annual meeting or vacancies may be filled by the board of directors.

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

The organization's policy of financial duties of the executive director, treasurer, audit & finance committee, and board of directors authorizes and directs the organization's audit & finance committee to oversee the work of the auditor, review the 990 before filing with the irs, and present audited financial statements to the board of directors. In accordance with this policy this form 990 was reviewed and approved by the organization's audit & finance committee and made available to the board of directors before filing with the irs.

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

Each board member and staff member is required to sign an acknowledgment that they have read and understood the policy, and they will comply with it. At each meeting of the board of directors, there is a formal place on the agenda where board members and the executive director are asked if they have any conflicts or potential conflicts of interest to disclose. The minutes reflect whether any conflicts or potential conflicts were reported. The individual with the conflict or potential conflict is requested to leave the meeting while the remaining board members discuss the conflict or potential conflict and make a decision about whether the conflict or potential conflict exists. The minutes reflect the decision and how such matters were addressed if applicable.

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

Executive director is reviewed by personnel committee annually, which makes a report to the full board. Information is gathered from other nc non-profit land trusts about comparable executive director salaries. Increased compensation not already in the organization's adopted budget, including raises and bonuses, must be approved by the full board of directors. There are no other employees in management positions.

Form 990, Page 6, Part VI, Line 19

The general public can request a copy of the governing documents, policies and financial statements by contacting the organization at the following address: the association for the preservation of the eno river valley, inc. 4404 guess road durham, north carolina 27712

Filing and Contact Details

Filer

Filer Name
Association for the Preservation
EIN
56-1134204
Phone
9196209099
Address
4404 GUESS ROAD, DURHAM, NC 27712

Signing Officer

Name
Robin Jacobs
Title
Executive Director
Phone
9194774549
Signed
2017-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Driscoll
Formed
1975
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
19
Volunteers
1,197

Preparer

Firm
Minor Anglin & Associates Pa
Address
3608 SHANNON RD SUITE 105, DURHAM, NC 27707
Preparer
Kim E Anglin CPA
Phone
9194932603
Supplemental Narrative

Additional Explanations

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

Teachers to provide programs on local ecology, assists eno river state park personnel with education programs for children and adults, organizes independent educational programs for children throughout the year, and runs a two week-long summer science education camp.

Form 990, Part IX, Line 24E

T-shirts 14,610 0 0 publicity 11,811 0 0 eno calendars 6,849 0 0 design fees- program 5,828 0 0 development other 0 0 5,800 long term repair 5,685 0 0 sound & technical 5,325 0 0 printing/copying 0 5,200 0 bank charges 0 4,726 0 entertainment 4,200 0 0 repairs & maint 0 3,825 0 beer expense 3,806 0 0 artist fees-advertising 3,570 0 0 equipment & supplies 3,237 193 0 education other 3,413 0 0 jambarino expenses 0 0 3,315 annual appeal 0 0 3,232 affiliation dues 0 3,050 0 field related costs 2,975 0 0 postage 0 2,536 0 licenses & fees 2,212 0 0 performer riders 2,174 0 0 miscellaneous 1,755 0 0 supplies & materials 0 1,754 0 maintenance 1,543 0 0 drink product 1,450 0 0 fundraising 1,300 0 0 artist fees-pub poster 1,103 0 0 badges, adv. Tix 1,038 0 0 production 920 0 0 iwalk rentals 900 0 0 eno run expenses 0 0 847 photography/displays 768 0 0 festival for the eno 750 0 0 conservation defense insu 655 0 0 performer food 652 0 0 new years hike 596 0 0 hospitality 500 0 0 donor appreciation 0 0 422 general administration 0 400 0 stage managers 360 0 0 member appreciation 0 0 302 annual meeting 0 300 0 craft artist prizes 300 0 0 safety services 250 0 0 pottery manager 210 0 0 iwalk the eno expense 200 0 0 art 180 0 0 iwalk food 141 0 0 small equipment 0 114 0 artist supplies 86 0 0 professional services 0 70 0 stewardship other 63 0 0 workday supplies 51 0 0 closing costs 47 0 0 total 91,513 22,168 13,918

Form 990, Part XI, Line 9

Rental expenses reported as an expense on audit 40,258 rental expenses recorded as an expense on audit -40,258

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

YES

Schedule D, Page 1, Part II, Line 9

Donations of property and equipment are recorded as contributions at their estimated fair value at the date of donation. Such donations are reported as increases in unrestricted net assets unless the donor has restricted the donated assets to a specific purpose. Assets donated with explicit restrictions regarding their use and contributions of cash that must be used to acquire property and equipment are reported as restricted contributions. Absent donor stipulations regarding how long those donated assets must be maintained, the organization reports expirations of donor restrictions when the donated or acquired assets are placed in service as instructed by the donor. The organization reclassifies temporarily restricted net assets to unrestricted net assets at that time.

Schedule D, Page 3, Part X

The association for the preservation of the eno river valley, inc. Is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code of 1986, as amended (the code). As such, the association is exempt from federal income taxes to the extent provided under section 501 of the code. Accordingly, no provision for income taxes is made in the financial statements. The organization's form 990, return of organization exempt from income tax, for the years ending 2013, 2014, and 2015 are subject to examination by the irs, generally for three years after they were filed. As of december 31, 2016 there were no uncertain tax positions.

Schedule D, Page 4, Part XI, Line 2D

Rental expenses reported as an expense on audit 40,258

Schedule D, Page 4, Part XII, Line 2D

Rental expenses recorded as an expense on audit 40,258

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IRS990/Desc0THE ORGANIZATION'S PURPOSE IS TO CONSERVE AND PROTECT THE NATURAL, HISTORIC, AND CULTURAL RESOURCES OF THE ENO RIVER BASIN. DURING 2016 THE ORGANIZATION WAS IN CONTACT WITH MORE THAN 50 INTERESTED OWNERS OF LAND ALONG THE RIVER AND TRIBUTARY STREAMS, PROVIDING INFORMATION ABOUT LAND AND WATER QUALITY CONSERVATION OPTIONS, AND ACTIVELY WORKING WITH SEVERAL OF THOSE OWNERS TO FINALIZE NEGOTIATIONS TO PERMANENTLY PROTECT THE PROPERTY, CLOSING ON TWO CONSERVATION PROJECTS. THE ORGANIZATION PROVIDED PUBLIC INFORMATION AND INVOLVEMENT OPPORTUNITIES THROUGHOUT THE YEAR IN THE FORM OF ORGANIZED WEEKLY EDUCATIONAL HIKES IN WINTER AND SPRING, VOLUNTEER LAND STEWARDSHIP WORKDAYS EACH MONTH, AND ITS 2-DAY FESTIVAL FOR THE ENO OUTREACH AND EDUCATION EVENT. THE ORGANIZATION WORKS WITH CLASSROOM TEACHERS TO PROVIDE PROGRAMS ON LOCAL ECOLOGY, ASSISTS ENO RIVER STATE PARK PERSONNEL WITH EDUCATION PROGRAMS FOR CHILDREN AND ADULTS, ORGANIZES INDEPENDENT EDUCATIONAL PROGRAMS FOR CHILDREN THROUGHOUT THE YEAR, AND RUNS A TWO WEEK-LONG SUMMER SCIENCE EDUCATION CAMP.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.8$0.03$11.8$2.63$2.55$0.09
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.04$11.7$1.36$1.62$0.26
2022Detailed filing. Detailed filing data is available for this year.$11.8$0.02$11.8$1.34$1.28$0.06
2021Detailed filing. Detailed filing data is available for this year.$12.0$0.02$12.0$1.69$1.18$0.51
2020Detailed filing. Detailed filing data is available for this year.$11.5$0.09$11.4$3.64$0.76$2.88
2019Detailed filing. Detailed filing data is available for this year.$8.86$0.01$8.85$0.99$0.93$0.06
2018Detailed filing. Detailed filing data is available for this year.$8.74$0.01$8.72$1.36$0.79$0.56
2017Detailed filing. Detailed filing data is available for this year.$8.38$0.19$8.19$1.01$0.71$0.31
2016Detailed filing. Detailed filing data is available for this year.$7.89$0.01$7.88$1.24$0.72$0.53
2015Detailed filing. Detailed filing data is available for this year.$7.36$0.01$7.35$0.89$0.68$0.21
2014Detailed filing. Detailed filing data is available for this year.$7.15$0.01$7.14$0.80$0.61$0.19
2013Detailed filing. Detailed filing data is available for this year.$7.00$0.05$6.95$1.04$0.62$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.54$0.01$6.53$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.01$6.16$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.01$3.37$0.53
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • NTEE C300 • $5M-$10M nonprofits