Civic Intelligence

Mckenzie River Trust

990 • Fiscal year 2020 • EIN 93-1029808

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 10, 2021

120 Shelton Mcmurphey Blvd Ste 270Eugene, OR 97401

(541) 345-2799

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.19x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$99,520

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-17%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$13,212,783

Up $1,929,816 (+17%) from 2019

Net Assets

Up

$12,767,220

Up $1,789,062 (+16%) from 2019

Liabilities

Up

$445,563

Up $140,754 (+46%) from 2019

Revenue

Down

$2,375,221

Down $469,728 (-17%) from 2019

Expenses

Down

$1,775,475

Down $164,225 (-8.5%) from 2019

Net Income

Down

$599,746

Down $305,503 (-34%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $5,483,228Liabilities 2010: $606,268Net Assets 2010: $4,876,9602010Assets 2011: $4,422,350Liabilities 2011: $14,236Net Assets 2011: $4,408,1142011Assets 2012: $4,727,741Liabilities 2012: $24,234Net Assets 2012: $4,703,5072012Assets 2013: $6,908,898Liabilities 2013: $36,809Net Assets 2013: $6,872,0892013Assets 2014: $7,663,172Liabilities 2014: $31,634Net Assets 2014: $7,631,5382014Assets 2015: $8,175,199Liabilities 2015: $679,744Net Assets 2015: $7,495,4552015Assets 2016: $9,981,873Liabilities 2016: $1,508,923Net Assets 2016: $8,472,9502016Assets 2017: $10,397,445Liabilities 2017: $139,357Net Assets 2017: $10,258,0882017Assets 2018: $9,698,859Liabilities 2018: $87,457Net Assets 2018: $9,611,4022018Assets 2019: $11,282,967Liabilities 2019: $304,809Net Assets 2019: $10,978,1582019Assets 2020: $13,212,783Liabilities 2020: $445,563Net Assets 2020: $12,767,2202020Assets 2021: $16,079,126Liabilities 2021: $218,865Net Assets 2021: $15,860,2612021Assets 2022: $16,214,688Liabilities 2022: $1,721,807Net Assets 2022: $14,492,8812022Assets 2023: $25,805,434Liabilities 2023: $2,592,682Net Assets 2023: $23,212,7522023Assets 2024: $27,345,967Liabilities 2024: $1,445,535Net Assets 2024: $25,900,4322024

Highlighted filing

2020

Assets$13,212,783
Liabilities$445,563
Net Assets$12,767,220

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $3,393,480Expenses 2010: $2,770,856Net Income 2010: $622,6242010Expenses 2011: $1,681,4532011Expenses 2012: $1,098,5522012Revenue 2013: $3,057,452Expenses 2013: $983,779Net Income 2013: $2,073,6732013Revenue 2014: $3,069,395Expenses 2014: $2,317,865Net Income 2014: $751,5302014Revenue 2015: $1,270,908Expenses 2015: $1,266,207Net Income 2015: $4,7012015Revenue 2016: $2,179,117Expenses 2016: $1,288,423Net Income 2016: $890,6942016Revenue 2017: $6,591,941Expenses 2017: $5,097,819Net Income 2017: $1,494,1222017Revenue 2018: $1,566,177Expenses 2018: $1,761,560Net Income 2018: -$195,3832018Revenue 2019: $2,844,949Expenses 2019: $1,939,700Net Income 2019: $905,2492019Revenue 2020: $2,375,221Expenses 2020: $1,775,475Net Income 2020: $599,7462020Revenue 2021: $5,680,639Expenses 2021: $3,377,269Net Income 2021: $2,303,3702021Revenue 2022: $2,997,660Expenses 2022: $2,559,837Net Income 2022: $437,8232022Revenue 2023: $13,044,180Expenses 2023: $5,804,858Net Income 2023: $7,239,3222023Revenue 2024: $7,947,444Expenses 2024: $6,100,100Net Income 2024: $1,847,3442024

Highlighted filing

2020

Revenue$2,375,221
Expenses$1,775,475
Net Income$599,746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 10, 2021
Return Version
2020v4.0
Gross Receipts
$3,049,200
Mission and Program Overview

Mission

Acquire and manage land and conservation easements through purchase and donation to ensure long term conservation of clean water, fish and wildlife habitat, and other community values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,423,017$5,648,063▲ $1,225,046
Land, Buildings, and Equipment, Net$3,985,370$4,394,260▲ $408,890
Savings and Temporary Cash Investments$1,687,456$1,840,847▲ $153,391
Investments Other Securities$621,179$663,262▲ $42,083
Pledges and Grants Receivable$454,180$455,100▲ $920
Accounts Receivable-$170,560-
Cash and Non-Interest-Bearing Accounts$108,765$37,691▼ $71,074
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$11,282,967$13,212,783▲ $1,929,816
Liabilities
Unsecured Notes Loans Payable$200,000$200,000→ $0
Deferred Revenue-$170,560-
Accounts Payable and Accrued Expenses$104,809$75,003▼ $29,806
Total Liabilities$304,809$445,563▲ $140,754
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,071,090$6,999,910▲ $928,820
Net Assets With Donor Restrictions$4,907,068$5,767,310▲ $860,242
Total Net Assets Fund Balance$10,978,158$12,767,220▲ $1,789,062
Total Liabilities and Net Assets / Fund Balance$11,282,967$13,212,783▲ $1,929,816

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,831,322-$3,831,322
Other Land Buildings$240,689$108,904$349,593
Buildings$209,989$111,449$321,438
Equipment$112,260$117,378$229,638
Other Securities$663,262--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe MollExecutive DiFT$88,637$10,883$99,520

Board Members and Trustees

NameTitle
Louise SollidayPresident
Alison DeakDirector
Ann FidanqueDirector
Ben MillerDirector
Bev HollanderDirector
Bob WarrenDirector
Charlie ZennacheDirector
Doug DupriestDirector
Jason JohnsonDirector
Linda CarnineDirector
Mariah ActonDirector
Tom BarkinDirector
Christian BeckSecretary
Shoshana CohenTreasurer
Jim RegaliVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,124,831
Program Service Revenue
$111,057
Investment Income
$120,433
Other Revenue
$18,900
All Other Contributions
$2,124,831
Change in Net Assets
$599,746

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded12$76,641Fair Market Value (FMV) at Date of Donation
Other Non Cash Contri Table1$475Estimated Fair Market Value (FMV)
Qualified Contrib Other1$1Easement Tracked at 1
Total Noncash Contributions14$77,117-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,327,388
Revenue Not Reported on Financial Statements
$47,833
Revenue Not Reported on Form 990
$1,209,259
Total Revenue per Audited Statements
$3,536,647
Total Revenue per Form 990
$2,375,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$982,847
Other Expenses$757,823
Total Fundraising Expense$269,179
Grants and Similar Amounts Paid$34,805
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$407,569$172,880$139,011$719,460
Current Officers, Directors, Trustees, and Key Employees$33,480$50,592$15,449$99,521
Other Employee Benefits$43,792$18,950$14,767$77,509
Fees for Services Other$43,185$14,261$19,573$77,019
Occupancy$36,944$18,336$12,897$68,177
Payroll Taxes$34,798$17,154$11,977$63,929
Depreciation Depletion$52,104$1,687-$53,791
Fees for Service Investment Mgmnt Fees-$47,833-$47,833
Office Expenses$25,940$3,818$11,973$41,731
Advertising$25,365$463$10,315$36,143
Grants to Domestic Orgs$34,805--$34,805
Insurance$16,568$4,432$2,950$23,950
Pension Plan Contributions$12,871$5,253$4,304$22,428
Fees for Services Accounting$10,819$3,573$4,903$19,295
Travel$14,427$184$707$15,318
Other Expenses$11,224$6,200$640$11,864
All Other Expenses$6,865$2,274$1,668$10,807
Fees for Services Legal$208$69$94$371
Total Functional Expenses$1,138,337$367,959$269,179$1,775,475

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,775,475
Total Expenses per Audited Statements$1,747,585
Expenses per Audited Statements$1,727,642
Expenses Not Reported on Financial Statements$47,833
Expenses Not Reported on Form 990$19,943
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Eugene Parks and RecRoseburg, ORGovProgram Support$10,000
Long Tom Watershed CouncilEugene, OR501c3Program Support$6,550
Xcape Dance CompanyEugene, OR501c3Program Support$6,550
Middle Fork WillametteLowell, OR501c3Program Support$5,729
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 4

Bylaws were updated to allow for board members to vote via email, consistent with changes to the oregon statute.

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

A draft of the form 990 is provided to the finance committee (fc) for their review. Before the form is filed the fc refers the form 990 to the full board of directors for its review and discussion.

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

Each director, principal officer and member of a committee with governing board delegated powers signs a statement upon joining the board which affirms they have: a)received a copy of the conflict of interest policy b)read and understands the policy c)agreed to comply with the policy d)understand the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in acitivities which accomplish one or more of its tax exempt purposes. The conflict of interest policy is reviewed annually.

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

The executive committee of the board reviews executive director compensation as part of the annual review and salary adjustment. Compensation agreements and benefits are reviewed for reasonableness, based on competent survey information and the result of arm's length bargaining.

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

The executive director reviews mrt compensation data as part of employee annual reviews. Management other than the executive director have received cola increases granted to other employees. Board members are not compensated.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Mckenzie River Trust
EIN
93-1029808
Phone
5413452799
Address
120 SHELTON MCMURPHEY BLVD STE 270, EUGENE, OR 97401

Signing Officer

Name
Louise Solliday
Title
President
Phone
5413452799
Signed
2021-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Solliday
Formed
1990
Legal Domicile
Or
Voting Board Members
15
Independent Board Members
15
Employees
14
Volunteers
854

Preparer

Firm
Jones & Roth Pc
Address
PO BOX 10086, EUGENE, OR 97440
Preparer
Kari Young
Phone
5416872320
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers help with stewardship of properties (tree planting, weed removal) and outreach events. They also assist with office tasks.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Mrt's general easement policy states that we will maintain constructive, regular, face-to-face and written contact with landowners of each conservation easement held by the trust. At a minimum, mrt annually monitors and documents the conditions on properties subject to conservation easements. Monitoring includes visiting with landowners, taking photographs of the property, and boundary inspections as they pertain to the terms of the easement. Landowners are provided a written report of the monitoring visit. Mrt's violation policy lays out the steps the organization should take in the event of a suspected or documented violation, including notification, documentation, and negotiation with the landowner. Procedures such as legal action, arbitration, and mediation are also written into the easement to handle violations and enforcements. The easement grantor signs onto these agreements when the easement is finalized and recorded.

Schedule D, Page 1, Part II, Line 9

Land held for conservation: purchased land is recorded at cost. Donated land is recorded as a contribution at its estimated fair market value at the date of gift. The board may from time to time evaluate the carrying value of land held for conservation, and if the value of the property appears impaired based upon restrictions imposed by the board or a third- party funding source, the board may adjust the value of the land based on the restrictions imposed. While professional appraisals are used to determine a fair market value for conservation easements held by the trust, that value is not convertible by the trust and holding the easement increases the trust's stewardship obligations. Consequently, easements are recorded at a nominal 1 value for tracking purposes only.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DI
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IRS990/MissionDesc0ACQUIRE AND MANAGE LAND AND CONSERVATION EASEMENTS THROUGH PURCHASE AND DONATION TO ENSURE LONG TERM CONSERVATION OF CLEAN WATER, FISH AND WILDLIFE HABITAT, AND OTHER COMMUNITY VALUES.
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05253
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IRS990/ProgSrvcAccomActy2Grp/Desc0CONDUCT TOURS OF OWNED PROPERTIES AND EASEMENTS FOR THE PUBLIC. PUBLISH MATERIALS ABOUT LAND PROTECTION AND RESTORATION, AND PARTICIPATE IN STATE- WIDE LAND CONSERVATION EFFORTS. SHARE IMAGES AND STORIES FROM MRT LANDS THROUGH THE MEDIA, AND REPRESENT THE VALUES OF LAND CONSERVATION IN COMMUNITY MEETINGS. WORK WITH COMMUNITY MEMBERS AND COMMUNITY SUPPORT ORGANIZATIONS WORKING TO STABILIZE AND RE-BUILD THE MCKENZIE VALLEY AFTER THE SEPTEMBER 2020 HOLIDAY FARM FIRE.
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IRS990/PYOtherRevenueAmt022273
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 500
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$1.45$25.9$7.95$6.10$1.85
2023Detailed filing. Detailed filing data is available for this year.$25.8$2.59$23.2$13.0$5.80$7.24
2022Detailed filing. Detailed filing data is available for this year.$16.2$1.72$14.5$3.00$2.56$0.44
2021Detailed filing. Detailed filing data is available for this year.$16.1$0.22$15.9$5.68$3.38$2.30
2020Detailed filing. Detailed filing data is available for this year.$13.2$0.45$12.8$2.38$1.78$0.60
2019Detailed filing. Detailed filing data is available for this year.$11.3$0.30$11.0$2.84$1.94$0.91
2018Detailed filing. Detailed filing data is available for this year.$9.70$0.09$9.61$1.57$1.76$0.20
2017Detailed filing. Detailed filing data is available for this year.$10.4$0.14$10.3$6.59$5.10$1.49
2016Detailed filing. Detailed filing data is available for this year.$9.98$1.51$8.47$2.18$1.29$0.89
2015Detailed filing. Detailed filing data is available for this year.$8.18$0.68$7.50$1.27$1.27$0.00
2014Detailed filing. Detailed filing data is available for this year.$7.66$0.03$7.63$3.07$2.32$0.75
2013Detailed filing. Detailed filing data is available for this year.$6.91$0.04$6.87$3.06$0.98$2.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.02$4.70$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.01$4.41$1.68
2010Summary only. Only limited summary data is available for this year.$5.48$0.61$4.88$3.39$2.77$0.62