Civic Intelligence

Clear Creek Land Conservancy

990 • Fiscal year 2016 • EIN 84-1030493

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 28, 2017

PO Box 16823Golden, CO 80402

(303) 526-4266

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

82nd percentile

22%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$52,680

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 38.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

165%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,086,442

Up $43,492 (+1.4%) from 2015

Net Assets

Up

$3,084,882

Up $43,762 (+1.4%) from 2015

Liabilities

Down

$1,560

Down $270 (-15%) from 2015

Revenue

Up

$135,972

Up $84,631 (+165%) from 2015

Expenses

Down

$105,474

Down $6,054 (-5.4%) from 2015

Net Income

Up

$30,498

Up $90,685 (+151%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,187,529Liabilities 2010: $0Net Assets 2010: $3,187,5292010Assets 2011: $3,153,086Liabilities 2011: $0Net Assets 2011: $3,153,0862011Assets 2012: $3,196,558Liabilities 2012: $0Net Assets 2012: $3,196,5582012Assets 2013: $3,176,612Liabilities 2013: $1,971Net Assets 2013: $3,174,6412013Assets 2014: $3,133,862Liabilities 2014: $3,311Net Assets 2014: $3,130,5512014Assets 2015: $3,042,950Liabilities 2015: $1,830Net Assets 2015: $3,041,1202015Assets 2016: $3,086,442Liabilities 2016: $1,560Net Assets 2016: $3,084,8822016Assets 2017: $3,089,534Liabilities 2017: $1,771Net Assets 2017: $3,087,7632017Assets 2018: $3,020,946Liabilities 2018: $1,153Net Assets 2018: $3,019,7932018Assets 2019: $3,080,874Liabilities 2019: $1,960Net Assets 2019: $3,078,9142019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2016

Assets$3,086,442
Liabilities$1,560
Net Assets$3,084,882

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $56,5842010Expenses 2011: $45,7712011Expenses 2012: $43,9052012Revenue 2013: $10,727Expenses 2013: $67,765Net Income 2013: -$57,0382013Revenue 2014: $17,196Expenses 2014: $74,634Net Income 2014: -$57,4382014Revenue 2015: $51,341Expenses 2015: $111,528Net Income 2015: -$60,1872015Revenue 2016: $135,972Expenses 2016: $105,474Net Income 2016: $30,4982016Revenue 2017: $37,503Expenses 2017: $99,761Net Income 2017: -$62,2582017Revenue 2018: $107,571Expenses 2018: $93,275Net Income 2018: $14,2962018Revenue 2019: $45,141Expenses 2019: $101,686Net Income 2019: -$56,5452019Revenue 2020: $10,603Expenses 2020: $103,807Net Income 2020: -$93,2042020

Highlighted filing

2016

Revenue$135,972
Expenses$105,474
Net Income$30,498
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 28, 2017
Return Version
2016v3.0
Gross Receipts
$154,814
Mission and Program Overview

Mission

Dedicated to the preservation, conservation, and stewardship, in perpetuity, of the open spaces and natural and scenic resources of the mountain and foothills region of the Clear Creek area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,328,321$2,328,321→ $0
Investments in Publicly Traded Securities$661,092$723,565▲ $62,473
Cash and Non-Interest-Bearing Accounts$32,433$24,322▼ $8,111
Savings and Temporary Cash Investments$21,104$10,234▼ $10,870
Accounts Receivable-$0-
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$3,042,950$3,086,442▲ $43,492
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,830$1,560▼ $270
Total Liabilities$1,830$1,560▼ $270
Net Assets / Fund Balance
Unrestricted Net Assets$3,041,120$3,084,882▲ $43,762
Total Net Assets Fund Balance$3,041,120$3,084,882▲ $43,762
Total Liabilities and Net Assets / Fund Balance$3,042,950$3,086,442▲ $43,492

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,328,321-$2,328,321
Buildings-$72,000$72,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire RiegelmanExecutive DirectorPT$51,480$1,200$52,680

Board Members and Trustees

NameTitle
Gregory HoldenPresident
Pieter HoekstraVice President
Glenn DerussyDirector
Jeff BogardDirector
Julie NorthDirector
Megan HelsethDirector
Michelle PooletDirector
Tom WeimerSecretary
James MeurerTreasurer
George PringVP of Land Cons
Revenue and Support

Revenue Composition

Contributions and Grants
$107,626
Program Service Revenue
$0
Investment Income
$3,491
Other Revenue
$24,855
All Other Contributions
$107,626
Change in Net Assets
$30,498

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
Securities Publicly Traded1$89,356
Total Noncash Contributions1$89,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$56,702
Other Expenses$48,772
Total Fundraising Expense$14,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$26,340$21,072$5,268$52,680
Fees for Service Investment Mgmnt Fees-$4,257$4,257$8,514
Insurance$5,098$2,185-$7,283
Fees for Services Accounting-$5,725-$5,725
Payroll Taxes$804$2,815$403$4,022
Advertising$2,771$53-$2,824
Other Expenses$2,478$6,975$4,460$2,478
Information Technology$649$1,337$274$2,260
Conferences and Meetings$450$139$104$693
Fees for Services Legal$395--$395
Office Expenses$62$61-$123
All Other Expenses-$94-$94
Total Functional Expenses$45,995$44,713$14,766$105,474
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,635
Fundraising Gross Income$2,484
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Line 11B: Form 990 Review Process

The finance committee reviews the Form 990 for accuracy. The finance committee provides a copy to the Board for review and approval.

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

The organization regularly and consistently monitors and enforces compliance with written conflict of interest policy as part of regular business meetings and discussions. In addition, the written policy is distributed, filled out, and signed on an annual basis by the Board of Directors.

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

Disclosure of public documents including governing documents, conflict of interest policy, Form 990 and financial statements is made upon request and such documents are often part of regular business meetings attended by the Board of Directors.

Filing and Contact Details

Filer

Filer Name
Clear Creek Land Conservancy
EIN
84-1030493
Phone
3035264266
Address
PO BOX 16823, GOLDEN, CO 80402

Signing Officer

Name
Pieter Hoekstra
Title
Vice President
Signed
2017-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Holden
Formed
1986
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
15

Preparer

Firm
Haynie and Company Cpas
Address
1785 West 2300 South, Salt Lake City, UT 84119-2065
Preparer
Brian S Jacobson CPA
Phone
8019724800
Supplemental Narrative

Financial Statement Notes

Part II, Line 3: Explanation of Each Easement Change

In 2016 one easement was modified. In 2016, the organization received a transfer of one easement from Colorado Open Lands.

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

Costs related to conservation easements are expensed as legal or consulting costs. Conservation easements represent the donation of development rights for a property to the trust. No value has been reflected in the financial statements or 990 because no market exists for these conservation easements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OF LAND CONS
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IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
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IRS990ScheduleD/StaffHoursSpentEnforcementCnt055
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In 2016 one easement was modified. In 2016, the organization received a transfer of one easement from Colorado Open Lands.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Costs related to conservation easements are expensed as legal or consulting costs. Conservation easements represent the donation of development rights for a property to the trust. No value has been reflected in the financial statements or 990 because no market exists for these conservation easements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 3: Explanation of Each Easement Change
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, Line 9: Organization Reporting of conservation easements.
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IRS990ScheduleM/ThirdPartiesUsedInd0false

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