Civic Intelligence

Mckenzie River Trust

990 • Fiscal year 2021 • EIN 93-1029808

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 21, 2022

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

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.04x

Higher debt load relative to revenue than 17% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$104,641

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

139%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$16,079,126

Up $2,866,343 (+22%) from 2020

Net Assets

Up

$15,860,261

Up $3,093,041 (+24%) from 2020

Liabilities

Down

$218,865

Down $226,698 (-51%) from 2020

Revenue

Up

$5,680,639

Up $3,305,418 (+139%) from 2020

Expenses

Up

$3,377,269

Up $1,601,794 (+90%) from 2020

Net Income

Up

$2,303,370

Up $1,703,624 (+284%) from 2020

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

2021

Assets$16,079,126
Liabilities$218,865
Net Assets$15,860,261

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

2021

Revenue$5,680,639
Expenses$3,377,269
Net Income$2,303,370
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 21, 2022
Return Version
2021v4.0
Gross Receipts
$7,299,651
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$5,648,063$6,585,115▲ $937,052
Land, Buildings, and Equipment, Net$4,394,260$5,778,762▲ $1,384,502
Savings and Temporary Cash Investments$1,840,847$2,237,607▲ $396,760
Investments Other Securities$663,262$785,421▲ $122,159
Pledges and Grants Receivable$455,100$618,293▲ $163,193
Accounts Receivable$170,560--
Cash and Non-Interest-Bearing Accounts$37,691$70,928▲ $33,237
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$13,212,783$16,079,126▲ $2,866,343
Liabilities
Unsecured Notes Loans Payable$200,000--
Accounts Payable and Accrued Expenses$75,003$133,518▲ $58,515
Deferred Revenue$170,560$85,347▼ $85,213
Total Liabilities$445,563$218,865▼ $226,698
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,999,910$8,966,893▲ $1,966,983
Net Assets With Donor Restrictions$5,767,310$6,893,368▲ $1,126,058
Total Net Assets Fund Balance$12,767,220$15,860,261▲ $3,093,041
Total Liabilities and Net Assets / Fund Balance$13,212,783$16,079,126▲ $2,866,343

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,247,714-$5,247,714
Other Land Buildings$222,800$126,793$349,593
Buildings$196,730$124,708$321,438
Equipment$111,518$146,729$258,247
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe MollExecutive DiFT$93,848$10,793$104,641
Allegra JasperDirector ofFT$71,234$2,121$73,355

Board Members and Trustees

NameTitle
Jim RegaliPresident
Alison DeakDirector
Ann FidanqueDirector
Ben MillerDirector
Bev HollanderDirector
Bob WarrenDirector
Charlie ZennacheDirector
Doug DupriestDirector
Helen VirgaDirector
Jason JohnsonDirector
Linda CarnineDirector
Louise SollidayDirector
Tom BarkinDirector
Christian BeckSecretary
Shoshana CohenTreasurer
Mariah ActonVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Bci ContractingEarth MovingPO BOX 231147, Tigard, OR 97281$1,449,925
Bateman Forest Management INCTimber HaulingPO BOX 43, Monroe, OR 97456$132,475
Revenue and Support

Revenue Composition

Contributions and Grants
$4,536,794
Program Service Revenue
$781,013
Investment Income
$330,264
Other Revenue
$32,568
All Other Contributions
$3,694,293
Change in Net Assets
$2,303,370

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
Real Estate Other1$560,000Estimated Fair Market Value (FMV)
Securities Publicly Traded13$167,574Fair Market Value (FMV) at Date of Transfer
Clothing and Household Goods-$500Thrift Value
Qualified Contrib Other1$1Easement Tracked at 1
Total Noncash Contributions15$728,075-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,623,494
Revenue Not Reported on Financial Statements
$57,145
Revenue Not Reported on Form 990
$796,917
Other Revenue Adjustments
$-2,637
Total Revenue per Audited Statements
$6,420,411
Total Revenue per Form 990
$5,680,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,356,068
Salaries, Compensation, and Employee Benefits$1,021,201
Total Fundraising Expense$262,733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$434,352$116,842$130,774$681,968
Current Officers, Directors, Trustees, and Key Employees$32,941$124,813$20,242$177,996
Fees for Services Other$135,380$15,401$22,079$172,860
Payroll Taxes$42,197$16,008$13,380$71,585
Occupancy$38,881$19,940$12,544$71,365
Other Employee Benefits$43,589$13,623$13,101$70,313
Depreciation Depletion$58,185$2,224-$60,409
Fees for Service Investment Mgmnt Fees-$59,782-$59,782
Office Expenses$32,010$7,907$8,157$48,074
Advertising$22,165$590$12,730$35,485
Travel$22,934$805$2,644$26,383
Insurance$18,084$3,977$3,015$25,076
Fees for Services Accounting$15,155$1,724$2,471$19,350
Pension Plan Contributions$13,544$1,805$3,990$19,339
All Other Expenses$16,538-$2$16,540
Other Expenses$8,174$1,161$560$9,895
Total Functional Expenses$2,724,234$390,302$262,733$3,377,269

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,377,269
Total Expenses per Audited Statements$3,327,370
Expenses per Audited Statements$3,317,487
Expenses Not Reported on Financial Statements$59,782
Expenses Not Reported on Form 990$9,883
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,400
Fundraising Direct Expenses$2,637
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Two-fly Tournam$16,400$16,400$763$15,637
Total Events$16,400$16,400$2,637$13,763
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
No
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 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
Jim Regali
Title
President
Phone
5413452799
Signed
2022-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Regali
Formed
1990
Legal Domicile
Or
Voting Board Members
16
Independent Board Members
16
Employees
18
Volunteers
240

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.

Form 990, Part XI, Line 9

Direct event expenses 2,637 direct event expenses -2,637

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.

Schedule D, Page 4, Part XI, Line 4B

Direct event expenses -2,637

Schedule D, Page 4, Part XII, Line 2D

Direct event expenses 2,637

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
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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/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/InsuranceGrp/TotalAmt025076
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IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingAccrualInd0X
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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/PYOtherRevenueAmt018900
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IRS990/PYTotalRevenueAmt02375221
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 1,250
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04536794

Document Assets

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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