Phoenix Conservancy

“Form 990-EZ, Part I, Line 16; Line 16 includes expenses of all projects, including payment for local work groups and restoration expenses for non-staff members in Madagascar, restoration materials for Palouse Prairie, expansion of physical storage, and minimum overhead (dues, permits, insurance, and software licenses required to continue operations during the COVID-19 pandemic).”

“Net assets at the end of 2020 consist primarily of grant funding allocated for project exenditure in 2022.”

“The Phoenix Conservancy began offering salaried positions for the first time in 2021, starting in June 2021 (prior to this date, all positions were 100% volunteer). The salaries detailed in Form 990-EZ therefore reflect wages paid to Key Employees up to the end of 2021. Additional temporary and seasonal staff were also paid wages for the first time in 2021, but are not Key Staff, and are thus not included here. The large increase in expenses in 2021 compared to 2020 is due in large part to offering salaries for the first time in The Phoenix Conservancy's history as part of the normal growth of a nonprofit organization. This was a vital expenditure to retain and support Key Staff.”

“Fundraising for The Phoenix Conservancy was limited to direct donations by public donors or from grant awards, and for direct services as part of our mission. As such, no UBI transactions took place for The Phoenix Conservancy in 2021.”