Civic Intelligence

Nature Foundation

990EZ • Fiscal year 2023 • EIN 88-2650769

Jan 01, 2023 to Dec 31, 2023 • Filed on May 28, 2024

Organization ProfileWWW.THENATUREFOUNDATION.COM
500 N Cap Of TX Hwy Bld 1 Ste 200Austin, TX 78746

(512) 628-2767

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

47th percentile

1.6%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

90th percentile

$38,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 74.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

100th percentile

84400%

Faster asset growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

19%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$845

Up $844 (+84400%) from 2022

Net Assets

Up

$845

Up $845 from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin47th percentile

Revenue

Up

$51,676

Up $8,379 (+19%) from 2022

Expenses

Up

$50,831

Up $7,534 (+17%) from 2022

Net Income

Up

$845

Up $845 from 2022

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$1.5K$1.0K$500$0Assets 2022: $1Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $845Liabilities 2023: $0Net Assets 2023: $8452023Assets 2024: $1,046Liabilities 2024: $0Net Assets 2024: $1,0462024

Highlighted filing

2023

Assets$845
Liabilities$0
Net Assets$845
Open 2023 Filing

Operations Trend

Revenue Growth65th percentile

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

$60K$40K$20K$0Revenue 2022: $43,297Expenses 2022: $43,297Net Income 2022: $02022Revenue 2023: $51,676Expenses 2023: $50,831Net Income 2023: $8452023Revenue 2024: $29,993Expenses 2024: $29,792Net Income 2024: $2012024

Highlighted filing

2023

Revenue$51,676
Expenses$50,831
Net Income$845
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 28, 2024
Return Version
2023v5.0
Gross Receipts
$51,676
Mission and Program Overview

Mission

Nature foundation is nonprofit corporation and shall be operated exclusively for educational and charitable purposes within the meaning of section 501 ( c )(3) of the internal revenue code. The purposes of nature foundation shall be the promotion of sustainable investments based on environmental, social, and governance criteria.

Program Services

DescriptionGrantsExpenses
RAISING AND DONATING MONEY FOR ENVIRONMENTAL CAUSES. OUR INITIAL FOCUS WILL BE OCEAN AND REEF HABITAT RESTORATION. THIS ACTIVITY WILL BE CONDUCTED BY NATURE FOUNDATION UNDER THE LEADERSHIP OF PAUL COUTURE. THE ACTIVITY WILL BE RUN OUT OUR HEADQUARTERS IN AUSTIN, TEXAS. FUNDRAISING FOR THIS ACTIVITY WILL TAKE PLACE NATIONWIDE. WE INTEND TO DONATE TO CHARITIES FOCUSING ON 3D PRINTING OF ARTIFICIAL REEF ENVIRONMENT TO PROMOTE GROWTH, REMOVAL OF OCEAN PLASTICS & BEACH CLEAN UP, BLUE CARBON CREDIT ACQUISITION AND SALES, AND CORPORATE CARBON OFFSETS. WE ANTICIPATE ALLOCATING 20 PERCENT OF OUR TIME TO THIS ACTIVITY. THIS ACTIVITY IS FUNDED BY DONATIONS TO NATURE FOUNDATION. WE HAVE BUDGETED 20 PERCENT OF OUR POST-EXPENSE REVENUE TO THIS ACTIVITY.$0$0
REDWOODS & PLAINS PRESERVATION (NORTHERN, CA & COLORADO) $2,000,000 / 50 ACRESTHIS ACTIVITY WILL BE CONDUCTED BY NATURE FOUNDATION UNDER THE LEADERSHIP OF PAUL COUTURE. THE ACTIVITY WILL BE RUN OUT OUR HEADQUARTERS IN AUSTIN, TEXAS. FUNDRAISING FOR THIS ACTIVITY WILL TAKE PLACE NATIONWIDE.THIS ACTIVITY WILL INVOLVE THE PURCHASE, LEASE, AND FOREST MANAGEMENT OF EXISTING REDWOODS AND PLAINS, ENSURING GROWTH/FIRE PROTECTION. THIS ACTIVITY WILL INCLUDE DRONE SURVEYING, GREEN CARBON CREDIT VALIDATION/CERTIFICATION, GREEN CARBON CREDITS ACQUISITION, CORPORATE CARBON OFFSETS, UNDERGROWTH HARVESTING, REDWOODS MULCH CHIPS, TRAIL CREATION AND CAMP GROUND RENTAL, AND RIVER/STREAM CLEAN UP VIA BUBBLE BARRIER SYSTEM.THIS ACTIVITY IS FUNDED BY DONATIONS. THE GOAL IS TO RAISE $2,000,000 TO PURCHASE 50 ACRES OF LAND FOR CONSERVATION PURPOSES. WE ANTICIPATE ALLOCATING 80 PERCENT OF OUR TIME TO THIS ACTIVITY. THIS ACTIVITY IS FUNDED BY DONATIONS TO NATURE FOUNDATION. WE HAVE BUDGETED 80 PERCENT OF OUR POST-EXPENSE REVENUE TO THIS ACTIVITY.$0$0
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL COUTUREVice PresidentFT$38,500-$38,500
JONATHAN SANDSTROM HILLSecretary-$0--
PAUL D AGARWALPresident-$0--
Filing and Contact Details

Filer

Filer Name
Nature Foundation
EIN
88-2650769
Phone
5126282767
Address
500 N CAP OF TX HWY BLD 1 STE 200, AUSTIN, TX 78746

Signing Officer

Name
Paul D Agarwal
Title
President
Phone
5126282767
Signed
2024-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Scpa Group LLC
Address
11612 FM 2244 BLDG I SUITE 260, AUSTIN, TX 78738
Preparer
Scott Scarborough
Phone
5123738239
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: registration fees. Amount: 600.”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NATURE FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum05126282767
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 N CAPTIAL OF TEXAS HWY BLDG 1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078746
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0845
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt051676
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0845
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0845
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt240.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt238500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JONATHAN SANDSTROM HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL D AGARWAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL COUTURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0600
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0NATURE FOUNDATION IS NONPROFIT CORPORATION AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501 ( C )(3) OF THE INTERNAL REVENUE CODE. THE PURPOSES OF NATURE FOUNDATION SHALL BE THE PROMOTION OF SUSTAINABLE INVESTMENTS BASED ON ENVIRONMENTAL, SOCIAL, AND GOVERNANCE CRITERIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISING AND DONATING MONEY FOR ENVIRONMENTAL CAUSES. OUR INITIAL FOCUS WILL BE OCEAN AND REEF HABITAT RESTORATION. THIS ACTIVITY WILL BE CONDUCTED BY NATURE FOUNDATION UNDER THE LEADERSHIP OF PAUL COUTURE. THE ACTIVITY WILL BE RUN OUT OUR HEADQUARTERS IN AUSTIN, TEXAS. FUNDRAISING FOR THIS ACTIVITY WILL TAKE PLACE NATIONWIDE. WE INTEND TO DONATE TO CHARITIES FOCUSING ON 3D PRINTING OF ARTIFICIAL REEF ENVIRONMENT TO PROMOTE GROWTH, REMOVAL OF OCEAN PLASTICS & BEACH CLEAN UP, BLUE CARBON CREDIT ACQUISITION AND SALES, AND CORPORATE CARBON OFFSETS. WE ANTICIPATE ALLOCATING 20 PERCENT OF OUR TIME TO THIS ACTIVITY. THIS ACTIVITY IS FUNDED BY DONATIONS TO NATURE FOUNDATION. WE HAVE BUDGETED 20 PERCENT OF OUR POST-EXPENSE REVENUE TO THIS ACTIVITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1REDWOODS & PLAINS PRESERVATION (NORTHERN, CA & COLORADO) $2,000,000 / 50 ACRESTHIS ACTIVITY WILL BE CONDUCTED BY NATURE FOUNDATION UNDER THE LEADERSHIP OF PAUL COUTURE. THE ACTIVITY WILL BE RUN OUT OUR HEADQUARTERS IN AUSTIN, TEXAS. FUNDRAISING FOR THIS ACTIVITY WILL TAKE PLACE NATIONWIDE.THIS ACTIVITY WILL INVOLVE THE PURCHASE, LEASE, AND FOREST MANAGEMENT OF EXISTING REDWOODS AND PLAINS, ENSURING GROWTH/FIRE PROTECTION. THIS ACTIVITY WILL INCLUDE DRONE SURVEYING, GREEN CARBON CREDIT VALIDATION/CERTIFICATION, GREEN CARBON CREDITS ACQUISITION, CORPORATE CARBON OFFSETS, UNDERGROWTH HARVESTING, REDWOODS MULCH CHIPS, TRAIL CREATION AND CAMP GROUND RENTAL, AND RIVER/STREAM CLEAN UP VIA BUBBLE BARRIER SYSTEM.THIS ACTIVITY IS FUNDED BY DONATIONS. THE GOAL IS TO RAISE $2,000,000 TO PURCHASE 50 ACRES OF LAND FOR CONSERVATION PURPOSES. WE ANTICIPATE ALLOCATING 80 PERCENT OF OUR TIME TO THIS ACTIVITY. THIS ACTIVITY IS FUNDED BY DONATIONS TO NATURE FOUNDATION. WE HAVE BUDGETED 80 PERCENT OF OUR POST-EXPENSE REVENUE TO THIS ACTIVITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt038500
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt050831
IRS990EZ/TotalRevenueAmt051676
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THENATUREFOUNDATION.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02ND YEAR OF CREATION FOR THE ENTITY. ORGANIZATION FORMED IN JUNE 2022.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION A PART III LINE 14
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt051676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt094973
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt094973
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043297
IRS990ScheduleA/Total509Grp/TotalAmt094973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt043297
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt094973
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: REGISTRATION FEES. AMOUNT: 600.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL D AGARWAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05126282767
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATURE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NATU
ReturnHeader/Filer/EIN0882650769
ReturnHeader/Filer/PhoneNum05126282767
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 N CAP OF TX HWY BLD 1 STE 200
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078746
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872440990
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011612 FM 2244 BLDG I SUITE 260
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078738
ReturnHeader/PreparerPersonGrp/PhoneNum05123738239
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT SCARBOROUGH
ReturnHeader/ReturnTs02024-08-05T10:53:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$845
Liabilities
$0
Net assets
$845
Revenue
$51,676
Expenses
$50,831
Net income
$845
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$30.0$29.8$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$51.7$50.8$0.85
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$43.3$43.3$0.00