Civic Intelligence

Valley Land Conservancy

990 • Fiscal year 2014 • EIN 84-1254691

Apr 01, 2013 to Mar 31, 2014 • Filed on Aug 08, 2014

1561 Oxbow Dr81401

(970) 240-2050

Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

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

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

Liabilities / Revenue

37th percentile

0.06x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

6th percentile

-44%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

47th percentile

$56,667

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 29.9% of source-year revenue.

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

Asset Growth

39th percentile

-0.6%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

21st percentile

-9.7%

Faster revenue growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Assets

Down

$1,885,225

Down $10,636 (-0.6%) from 2013

Net Assets

Down

$1,874,331

Down $10,748 (-0.6%) from 2013

Liabilities

Up

$10,894

Up $112 (+1.0%) from 2013

Revenue

$189,780

No earlier filing loaded for comparison.

Expenses

Down

$274,158

Down $14,724 (-5.1%) from 2013

Net Income

-$84,378

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.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,935,913Liabilities 2012: $3,793Net Assets 2012: $1,932,1202012Assets 2013: $1,895,861Liabilities 2013: $10,782Net Assets 2013: $1,885,0792013Assets 2014: $1,885,225Liabilities 2014: $10,894Net Assets 2014: $1,874,3312014Assets 2015: $1,960,677Liabilities 2015: $6,258Net Assets 2015: $1,954,4192015Assets 2016: $1,748,373Liabilities 2016: $8,083Net Assets 2016: $1,740,2902016Assets 2017: $1,738,692Liabilities 2017: $17,813Net Assets 2017: $1,720,8792017Assets 2018: $1,725,973Liabilities 2018: $3,987Net Assets 2018: $1,721,9862018Assets 2019: $1,657,263Liabilities 2019: $0Net Assets 2019: $1,657,2632019Assets 2020: $1,328,770Liabilities 2020: $0Net Assets 2020: $1,328,7702020

Highlighted filing

2014

Assets$1,885,225
Liabilities$10,894
Net Assets$1,874,331

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $232,977Expenses 2012: $211,874Net Income 2012: $21,1032012Expenses 2013: $288,8822013Revenue 2014: $189,780Expenses 2014: $274,158Net Income 2014: -$84,3782014Revenue 2015: $286,978Expenses 2015: $282,865Net Income 2015: $4,1132015Revenue 2016: $130,626Expenses 2016: $276,931Net Income 2016: -$146,3052016Revenue 2017: $104,648Expenses 2017: $242,235Net Income 2017: -$137,5872017Revenue 2018: $226,359Expenses 2018: $207,959Net Income 2018: $18,4002018Revenue 2019: $31,275Expenses 2019: $107,916Net Income 2019: -$76,6412019Revenue 2020: $54,430Expenses 2020: $112,981Net Income 2020: -$58,5512020

Highlighted filing

2014

Revenue$189,780
Expenses$274,158
Net Income-$84,378
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Aug 8, 2014
Return Version
2013v3.1
Gross Receipts
$247,922
Mission and Program Overview

Mission

The mission of the black canyon regional land trust is to serve as a non- political, non-governmental organization that encourages and assists private landowners in preserving and sustaining the rural heritage, natural, and cultural conservation values primarily in the watersheds of the uncompahgre, north fork of the gunnison, and lower gunnison rivers and surrounding areas, for the benefit of the public, today and in perpetuity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,794,505$1,837,826▲ $43,321
Cash and Non-Interest-Bearing Accounts$72,941$33,620▼ $39,321
Accounts Receivable$14,000--
Prepaid Expenses and Deferred Charges$11,117$11,774▲ $657
Land, Buildings, and Equipment, Net$3,298$2,005▼ $1,293
Total Assets$1,895,861$1,885,225▼ $10,636
Liabilities
Accounts Payable and Accrued Expenses$5,782$7,094▲ $1,312
Other Liabilities$5,000$2,000▼ $3,000
Deferred Revenue-$1,800-
Total Liabilities$10,782$10,894▲ $112
Net Assets / Fund Balance
Unrestricted Net Assets$1,869,033$1,858,285▼ $10,748
Temporarily Rstr Net Assets$16,046$16,046→ $0
Total Net Assets Fund Balance$1,885,079$1,874,331▼ $10,748
Total Liabilities and Net Assets / Fund Balance$1,895,861$1,885,225▼ $10,636

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,005$23,841$25,846

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,858,620$88,000-$-463,074$1,483,546
2012$1,932,120---$1,858,620
2011$1,999,913---$1,932,120
2010$1,733,741$266,172--$1,999,913
2009$1,369,263$364,478--$1,733,741
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan McintoshExec Dir(forFT$56,667$56,667
Alecia PhillipsExecutive DiFT$27,957$27,957

Board Members and Trustees

NameTitle
Tom McleodPresident
Fred StemlerDirector
Robert TraceyDirector
Willy KistlerDirector
Peggy LyonSecretary
Steve SmithTreasurer
Pam FugazziVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10,424
Program Service Revenue
$101,808
Investment Income
$71,898
Other Revenue
$5,650
All Other Contributions
$10,424
Change in Net Assets
$-84,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$169,876
Other Expenses$104,282
Total Fundraising Expense$43,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,323$15,453$16,162$85,938
Current Officers, Directors, Trustees, and Key Employees$15,125$30,250$15,124$60,499
Fees for Service Investment Mgmnt Fees-$22,184-$22,184
Insurance$10,363$3,562$2,267$16,192
Fees for Services Other$14,946$645$441$16,032
Other Employee Benefits$5,650$3,719$2,546$11,915
Payroll Taxes$5,466$3,596$2,462$11,524
Travel$7,156$2,460$1,565$11,181
Office Expenses$5,955$2,047$1,303$9,305
Fees for Services Legal$7,095$525-$7,620
Fees for Services Accounting-$7,614-$7,614
Occupancy$4,663$1,603$1,020$7,286
Advertising$1,859$639$407$2,905
Depreciation Depletion$609$210$133$952
Conferences and Meetings$374$129$82$585
Information Technology$372$128$81$581
Other Expenses$20$449$204$20
Total Functional Expenses$135,148$95,213$43,797$274,158
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,475
Fundraising Direct Expenses$4,959
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Easement Deposits$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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, Page 6, Part VI, Line 11B

Board members review the form 990 prior to its submission to the irs.

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

The conflict of interest policy is signed by all board members, employees, major donors and others who may have access to inside information. Each covered person is required to disclose to the board, executive director and/or committee of the board served on, the existence of any actual, potential or perceived conflict of interest, and: (1) to abstain from discussions with others if an actual, potential or perceived conflict of interest exists, unless specifically requested to participate, (2) to absent him/herself from any board or committee discussions involving a conflict of interest, unless requested by the board or committee, (3) to abstain from voting on an issue involving a conflict of interest, and (4) when requested by the board, to resign until conflict of interest has been resolved. The board and executive director have ensured that the conflict of interest policy has been adhered to.

Form 990, Page 6, Part VI, Line 19

Governing documents, financial statements, and other data are made available to the public upon request.

Filing and Contact Details

Filer

EIN
84-1254691
Phone
9702402050

Signing Officer

Name
Alecia Phillips
Title
Executive Director
Phone
9702402050
Signed
2014-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alecia Phillips
Formed
1993
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
10

Preparer

Preparer
Ken Roth
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the black canyon regional land trust is to serve as a non- political, non-governmental organization that encourages and assists private landowners in preserving and sustaining the rural heritage, natural, and cultural conservation values primarily in the watersheds of the uncompahgre, north fork of the gunnison, and lower gunnison rivers and surrounding areas, for the benefit of the public, today and in perpetuity.

Form 990, Page 1, Part I, Line 6

Volunteers assist with organizing special events, in monitoring programs, and the board of directors also serve in a volunteer capacity.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

The trust does not assign a value to the conservation easements. The conservation easements are not reported in the assets of the trust.

Schedule D, Page 2, Part V, Line 4

The board has designated a portion of the easement acquisition project fees to support the perpetual stewardship and legal defense of easements. The amounts designated in the stewardship and legal defense funds as of march 31, 2014 are 1,008,000 and 459,500, respectively. Temporarily restricted net assets are restricted for specific land acquisitions. The amount temporarily restricted as of march 31, 2014 is 16,046.

Schedule D, Page 3, Part X

The trust has received an internal revenue service exemption from federal income taxes under section 501(c)(3). Accordingly, no provision or liability for income taxes has been provided in the accompanying financial statements. The trust's federal return of organization exempt from income tax (irs form 990) is subject to review, generally for three years after filing.

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt027412
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04516
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04516
IRS990/NetUnrlzdGainsLossesInvstAmt073630
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01020
IRS990/OccupancyGrp/ManagementAndGeneralAmt01603
IRS990/OccupancyGrp/ProgramServicesAmt04663
IRS990/OccupancyGrp/TotalAmt07286
IRS990/OfficeExpensesGrp/FundraisingAmt01303
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02047
IRS990/OfficeExpensesGrp/ProgramServicesAmt05955
IRS990/OfficeExpensesGrp/TotalAmt09305
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02546
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03719
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05650
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011915
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1TITLE INSURANCE
IRS990/OtherExpensesGrp/Desc2LICENSES AND PERMITS
IRS990/OtherExpensesGrp/FundraisingAmt0204
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0449
IRS990/OtherExpensesGrp/ProgramServicesAmt0824
IRS990/OtherExpensesGrp/ProgramServicesAmt1348
IRS990/OtherExpensesGrp/ProgramServicesAmt220
IRS990/OtherExpensesGrp/TotalAmt01477
IRS990/OtherExpensesGrp/TotalAmt1348
IRS990/OtherExpensesGrp/TotalAmt220
IRS990/OtherLiabilitiesGrp/BOYAmt05000
IRS990/OtherLiabilitiesGrp/EOYAmt02000
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01134
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01134
IRS990/OtherRevenueTotalAmt01134
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016162
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015453
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054323
IRS990/OtherSalariesAndWagesGrp/TotalAmt085938
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02462
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03596
IRS990/PayrollTaxesGrp/ProgramServicesAmt05466
IRS990/PayrollTaxesGrp/TotalAmt011524
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011117
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011774
IRS990/PrincipalOfficerNm0ALECIA PHILLIPS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSERVATION EASEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1MONITORING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088983
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088983
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112825
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt018878
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt053175
IRS990/PYOtherExpensesAmt086283
IRS990/PYOtherRevenueAmt07988
IRS990/PYProgramServiceRevenueAmt081427
IRS990/PYRevenuesLessExpensesAmt0-127414
IRS990/PYSalariesCompEmpBnftPaidAmt0202599
IRS990/PYTotalExpensesAmt0288882
IRS990/PYTotalRevenueAmt0161468
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-84378
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0101808
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0SPECIAL EVENTS, GROSS 20,854
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018878
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0105513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0168501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0353009
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt044486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt052984
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt042038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040898
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0362928
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0543334
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0544583
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09475
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011379
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020854
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38490
IRS990ScheduleA/PublicSupportPY170Pct00.55880
IRS990ScheduleA/PublicSupportTotal170Amt0353009
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018878
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0105513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0168501
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0353009
IRS990ScheduleA/TotalSupportAmt0917197
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.98920
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01858620
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt088000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01483546
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-463074
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-73500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01932120
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01858620
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-67793
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01999913
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01932120
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01733741
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0266172
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01999913
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01369263
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0364478
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01733741
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02005
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023841
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025846
IRS990ScheduleD/ExpensesIncurredEnforcementAmt0463074
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/ModifiedEasementsCnt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EASEMENT DEPOSITS
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StaffHoursSpentEnforcementCnt02000.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST DOES NOT ASSIGN A VALUE TO THE CONSERVATION EASEMENTS. THE CONSERVATION EASEMENTS ARE NOT REPORTED IN THE ASSETS OF THE TRUST.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE BOARD HAS DESIGNATED A PORTION OF THE EASEMENT ACQUISITION PROJECT FEES TO SUPPORT THE PERPETUAL STEWARDSHIP AND LEGAL DEFENSE OF EASEMENTS. THE AMOUNTS DESIGNATED IN THE STEWARDSHIP AND LEGAL DEFENSE FUNDS AS OF MARCH 31, 2014 ARE 1,008,000 AND 459,500, RESPECTIVELY. TEMPORARILY RESTRICTED NET ASSETS ARE RESTRICTED FOR SPECIFIC LAND ACQUISITIONS. THE AMOUNT TEMPORARILY RESTRICTED AS OF MARCH 31, 2014 IS 16,046.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE TRUST HAS RECEIVED AN INTERNAL REVENUE SERVICE EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3). ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE TRUST'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (IRS FORM 990) IS SUBJECT TO REVIEW, GENERALLY FOR THREE YEARS AFTER FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01080
IRS990ScheduleD/TotalAcreageCnt047195.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02005
IRS990ScheduleD/TotalEasementsCnt0361
IRS990ScheduleD/TotalLiabilityAmt02000
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE BLACK CANYON REGIONAL LAND TRUST IS TO SERVE AS A NON- POLITICAL, NON-GOVERNMENTAL ORGANIZATION THAT ENCOURAGES AND ASSISTS PRIVATE LANDOWNERS IN PRESERVING AND SUSTAINING THE RURAL HERITAGE, NATURAL, AND CULTURAL CONSERVATION VALUES PRIMARILY IN THE WATERSHEDS OF THE UNCOMPAHGRE, NORTH FORK OF THE GUNNISON, AND LOWER GUNNISON RIVERS AND SURROUNDING AREAS, FOR THE BENEFIT OF THE PUBLIC, TODAY AND IN PERPETUITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS ASSIST WITH ORGANIZING SPECIAL EVENTS, IN MONITORING PROGRAMS, AND THE BOARD OF DIRECTORS ALSO SERVE IN A VOLUNTEER CAPACITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEW THE FORM 990 PRIOR TO ITS SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS SIGNED BY ALL BOARD MEMBERS, EMPLOYEES, MAJOR DONORS AND OTHERS WHO MAY HAVE ACCESS TO INSIDE INFORMATION. EACH COVERED PERSON IS REQUIRED TO DISCLOSE TO THE BOARD, EXECUTIVE DIRECTOR AND/OR COMMITTEE OF THE BOARD SERVED ON, THE EXISTENCE OF ANY ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST, AND: (1) TO ABSTAIN FROM DISCUSSIONS WITH OTHERS IF AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST EXISTS, UNLESS SPECIFICALLY REQUESTED TO PARTICIPATE, (2) TO ABSENT HIM/HERSELF FROM ANY BOARD OR COMMITTEE DISCUSSIONS INVOLVING A CONFLICT OF INTEREST, UNLESS REQUESTED BY THE BOARD OR COMMITTEE, (3) TO ABSTAIN FROM VOTING ON AN ISSUE INVOLVING A CONFLICT OF INTEREST, AND (4) WHEN REQUESTED BY THE BOARD, TO RESIGN UNTIL CONFLICT OF INTEREST HAS BEEN RESOLVED. THE BOARD AND EXECUTIVE DIRECTOR HAVE ENSURED THAT THE CONFLICT OF INTEREST POLICY HAS BEEN ADHERED TO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false

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