Civic Intelligence

Virgin River Land Preservation Association Inc.

990 • Fiscal year 2015 • EIN 87-0516535

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 08, 2016

PO Box 1804St George, UT 84771-1804

(435) 635-1024

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

100th percentile

257%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Assets

Down

$3,963,879

Down $36,756 (-0.9%) from 2014

Net Assets

Down

$3,962,873

Down $37,762 (-0.9%) from 2014

Liabilities

Up

$1,006

Up $1,006 from 2014

Revenue

Down

-$14,685

Down $156,041 (-110%) from 2014

Expenses

Up

$23,077

Up $9,312 (+68%) from 2014

Net Income

Down

-$37,762

Down $165,353 (-130%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,117,785Liabilities 2010: $0Net Assets 2010: $3,117,7852010Assets 2011: $3,261,722Liabilities 2011: $0Net Assets 2011: $3,261,7222011Assets 2012: $3,795,273Liabilities 2012: $0Net Assets 2012: $3,795,2732012Assets 2013: $3,873,044Liabilities 2013: $0Net Assets 2013: $3,873,0442013Assets 2014: $4,000,635Liabilities 2014: $0Net Assets 2014: $4,000,6352014Assets 2015: $3,963,879Liabilities 2015: $1,006Net Assets 2015: $3,962,8732015Assets 2016: $3,955,038Liabilities 2016: $214Net Assets 2016: $3,954,8242016Assets 2017: $5,570,365Liabilities 2017: $202Net Assets 2017: $5,570,1632017Assets 2018: $5,979,939Liabilities 2018: $111Net Assets 2018: $5,979,8282018Assets 2019: $6,022,270Liabilities 2019: $0Net Assets 2019: $6,022,2702019Assets 2020: $5,965,894Liabilities 2020: $0Net Assets 2020: $5,965,8942020Assets 2021: $8,385,417Liabilities 2021: $0Net Assets 2021: $8,385,4172021Assets 2022: $8,709,359Liabilities 2022: $0Net Assets 2022: $8,709,3592022Assets 2023: $8,742,683Liabilities 2023: $0Net Assets 2023: $8,742,6832023Assets 2024: $8,681,867Liabilities 2024: $0Net Assets 2024: $8,681,8672024

Highlighted filing

2015

Assets$3,963,879
Liabilities$1,006
Net Assets$3,962,873

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $52,9672010Expenses 2011: $10,7512011Expenses 2012: $10,2282012Revenue 2013: $85,796Expenses 2013: $8,025Net Income 2013: $77,7712013Revenue 2014: $141,356Expenses 2014: $13,765Net Income 2014: $127,5912014Revenue 2015: -$14,685Expenses 2015: $23,077Net Income 2015: -$37,7622015Revenue 2016: $10,180Expenses 2016: $18,229Net Income 2016: -$8,0492016Revenue 2017: $1,646,439Expenses 2017: $31,100Net Income 2017: $1,615,3392017Revenue 2018: $438,541Expenses 2018: $28,876Net Income 2018: $409,6652018Revenue 2019: $56,017Expenses 2019: $13,575Net Income 2019: $42,4422019Revenue 2020: $56,200Expenses 2020: $112,576Net Income 2020: -$56,3762020Revenue 2021: $2,434,465Expenses 2021: $14,942Net Income 2021: $2,419,5232021Revenue 2022: $344,598Expenses 2022: $20,656Net Income 2022: $323,9422022Revenue 2023: $48,121Expenses 2023: $14,797Net Income 2023: $33,3242023Revenue 2024: $88,370Expenses 2024: $149,186Net Income 2024: -$60,8162024

Highlighted filing

2015

Revenue-$14,685
Expenses$23,077
Net Income-$37,762
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 8, 2016
Return Version
2015v2.1
Gross Receipts
$90,109
Mission and Program Overview

Mission

The virgin river land preservation association, inc. Works with communities and landowners to preserve southwestern utah's heritage of scenic vistas, open lands,and quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$132,461$236,538▲ $104,077
Land, Buildings, and Equipment, Net$305,733$205,688▼ $100,045
Cash and Non-Interest-Bearing Accounts$114,147$75,205▼ $38,942
Investments in Publicly Traded Securities$5,004$3,158▼ $1,846
Total Assets$4,000,635$3,963,879▼ $36,756
Other Assets Total$3,443,290$3,443,290→ $0
Liabilities
Accounts Payable and Accrued Expenses-$1,006-
Total Liabilities$0$1,006▲ $1,006
Net Assets / Fund Balance
Unrestricted Net Assets$3,830,302$3,822,174▼ $8,128
Temporarily Rstr Net Assets$170,333$140,699▼ $29,634
Total Net Assets Fund Balance$4,000,635$3,962,873▼ $37,762
Total Liabilities and Net Assets / Fund Balance$4,000,635$3,963,879▼ $36,756

Asset Categories

AssetBook ValueDepreciationBasis
Land$205,620-$205,620
Other Land Buildings$68$770$838
Other Assets Org$127,375--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$170,333$11,660▼ $39,794$1,500$140,699
2014$50,000$120,333--$170,333
2013-$50,000--$50,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$24,551
Program Service Revenue
$0
Investment Income
$-39,236
Other Revenue
$0
All Other Contributions
$24,551
Change in Net Assets
$-37,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,988
Other Expenses$11,089
Total Fundraising Expense$2,535
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,942$744$744$11,430
Insurance$2,056$514-$2,570
Fees for Services Accounting$1,540$330$330$2,200
Fees for Services Other$2,145--$2,145
Occupancy$1,344$336-$1,680
Advertising--$1,132$1,132
Office Expenses$658$78-$736
Payroll Taxes$390$84$84$558
Depreciation Depletion-$45-$45
Other Expenses$26$70$175$26
Total Functional Expenses$18,341$2,201$2,535$23,077
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

The organization has members. Membership is granted for one year following a membership contribution.

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

Per the organization's bylaws, at the annual meeting of members, the members shall elect persons to fill one-half of the vacancies on the board of trustees which come up for election in any year.

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

The executive director assists the accountant in the preparation of form 990. The board reviews drafts of the form as it is being prepared, including at least one review in a regular board meeting. The board reviews and votes to approve the final draft of form 990 before it is submitted.

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

Each member is required annually to read the conflict of interest policy and sign acknowledgment. Though the policy requires covered persons to declare conflicts, the agenda of meetings includes an agenda item for trustees to declare any foreseen conflicts of interest at the start of the meeting.

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

Currently, the organization does not have paid management and none of the officers or directors are compensated. If the board decides to compensate the executive director or any other officers, the board will review recent reports prepared by the land trust alliance on management compensation to ensure that compensation is comparable to similar-sized organizations and positions with similar responsibilities.

Form 990, Page 6, Part VI, Line 19

The organization provides links to its governing documents, conflict of interest policy, annual report, and annual financial statements-including form 990-on its website. We also provide a copy of our 990 to the better business bureau of utah and to guidestar for review and publication. Year end financial information is provided in the annual report which is handed out to members at the annual member's meeting. Governing documents, policies, and financial statements are also available upon request.

Filing and Contact Details

Filer

Filer Name
Virgin River Land Preservation
EIN
87-0516535
Phone
4356351024
Address
PO BOX 1804, ST GEORGE, UT 84771-1804

Signing Officer

Name
Christopher Blake
Title
President
Phone
4357034846
Signed
2016-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Blake
Formed
1993
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
5

Preparer

Firm
Savage Esplin & Radmall Pc
Address
20 N MAIN ST STE 402, ST GEORGE, UT 84770
Preparer
Stephen P Radmall
Phone
4356736195
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Virgin river land preservation association conservations easement monitoring, violations, and amendment policy

Schedule D, Page 1, Part II, Line 9

Conservation easements are reported on the balance sheet at acquisition cost when purchased by the association or at appraised value when donated. Donated conservation easements are shown as revenue in the year they are received at their appraised value.

Schedule D, Page 2, Part V, Line 4

The funds have been restricted to use for the organization's stewardship program to maintain and monitor certain existing conservation easements that have been entrusted to the organization.

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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0205620
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1127375
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSERVATION EASEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1WATER RIGHTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt068
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0770
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0838
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IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StaffHoursSpentEnforcementCnt040.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VIRGIN RIVER LAND PRESERVATION ASSOCIATION CONSERVATIONS EASEMENT MONITORING, VIOLATIONS, AND AMENDMENT POLICY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CONSERVATION EASEMENTS ARE REPORTED ON THE BALANCE SHEET AT ACQUISITION COST WHEN PURCHASED BY THE ASSOCIATION OR AT APPRAISED VALUE WHEN DONATED. DONATED CONSERVATION EASEMENTS ARE SHOWN AS REVENUE IN THE YEAR THEY ARE RECEIVED AT THEIR APPRAISED VALUE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE FUNDS HAVE BEEN RESTRICTED TO USE FOR THE ORGANIZATION'S STEWARDSHIP PROGRAM TO MAINTAIN AND MONITOR CERTAIN EXISTING CONSERVATION EASEMENTS THAT HAVE BEEN ENTRUSTED TO THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleD/TotalAcreageCnt03112.00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS. MEMBERSHIP IS GRANTED FOR ONE YEAR FOLLOWING A MEMBERSHIP CONTRIBUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER THE ORGANIZATION'S BYLAWS, AT THE ANNUAL MEETING OF MEMBERS, THE MEMBERS SHALL ELECT PERSONS TO FILL ONE-HALF OF THE VACANCIES ON THE BOARD OF TRUSTEES WHICH COME UP FOR ELECTION IN ANY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR ASSISTS THE ACCOUNTANT IN THE PREPARATION OF FORM 990. THE BOARD REVIEWS DRAFTS OF THE FORM AS IT IS BEING PREPARED, INCLUDING AT LEAST ONE REVIEW IN A REGULAR BOARD MEETING. THE BOARD REVIEWS AND VOTES TO APPROVE THE FINAL DRAFT OF FORM 990 BEFORE IT IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER IS REQUIRED ANNUALLY TO READ THE CONFLICT OF INTEREST POLICY AND SIGN ACKNOWLEDGMENT. THOUGH THE POLICY REQUIRES COVERED PERSONS TO DECLARE CONFLICTS, THE AGENDA OF MEETINGS INCLUDES AN AGENDA ITEM FOR TRUSTEES TO DECLARE ANY FORESEEN CONFLICTS OF INTEREST AT THE START OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CURRENTLY, THE ORGANIZATION DOES NOT HAVE PAID MANAGEMENT AND NONE OF THE OFFICERS OR DIRECTORS ARE COMPENSATED. IF THE BOARD DECIDES TO COMPENSATE THE EXECUTIVE DIRECTOR OR ANY OTHER OFFICERS, THE BOARD WILL REVIEW RECENT REPORTS PREPARED BY THE LAND TRUST ALLIANCE ON MANAGEMENT COMPENSATION TO ENSURE THAT COMPENSATION IS COMPARABLE TO SIMILAR-SIZED ORGANIZATIONS AND POSITIONS WITH SIMILAR RESPONSIBILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PROVIDES LINKS TO ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ANNUAL REPORT, AND ANNUAL FINANCIAL STATEMENTS-INCLUDING FORM 990-ON ITS WEBSITE. WE ALSO PROVIDE A COPY OF OUR 990 TO THE BETTER BUSINESS BUREAU OF UTAH AND TO GUIDESTAR FOR REVIEW AND PUBLICATION. YEAR END FINANCIAL INFORMATION IS PROVIDED IN THE ANNUAL REPORT WHICH IS HANDED OUT TO MEMBERS AT THE ANNUAL MEMBER'S MEETING. GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-14685
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0190 WEST 350 NORTH
IRS990/USAddress/CityNm0IVINS
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084738
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0VIRGINRIVERLAND.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER BLAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04357034846
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGIN RIVER LAND PRESERVATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0870516535
ReturnHeader/Filer/PhoneNum04356351024
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1804
ReturnHeader/Filer/USAddress/CityNm0ST GEORGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd0847711804
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870637407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAVAGE ESPLIN & RADMALL PC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.68$0.00$8.68$0.09$0.15$0.06
2023Detailed filing. Detailed filing data is available for this year.$8.74$0.00$8.74$0.05$0.01$0.03
2022Detailed filing. Detailed filing data is available for this year.$8.71$0.00$8.71$0.34$0.02$0.32
2021Detailed filing. Detailed filing data is available for this year.$8.39$0.00$8.39$2.43$0.01$2.42
2020Detailed filing. Detailed filing data is available for this year.$5.97$0.00$5.97$0.06$0.11$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.02$0.00$6.02$0.06$0.01$0.04
2018Detailed filing. Detailed filing data is available for this year.$5.98$0.00$5.98$0.44$0.03$0.41
2017Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.57$1.65$0.03$1.62
2016Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.95$0.01$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$0.01$0.02$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$0.14$0.01$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$0.09$0.01$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.00$3.80$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.00$3.26$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.00$3.12$0.05