Civic Intelligence

Tri-Valley Conservancy

990 • Fiscal year 2014 • EIN 94-3216468

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 02, 2015

1457 First StreetLivermore, CA 94550

(925) 449-8706

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Balance Sheet

Assets

Up

$18,150,910

Up $312,250 (+1.8%) from 2013

Net Assets

Up

$18,101,179

Up $285,539 (+1.6%) from 2013

Liabilities

Up

$49,731

Up $26,711 (+116%) from 2013

Revenue And Expenses

Revenue

Up

$1,897,992

Up $571,655 (+43%) from 2013

Expenses

Up

$831,609

Up $152,143 (+22%) from 2013

Net Income

Up

$1,066,383

Up $419,512 (+65%) from 2013

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $14,634,100Liabilities 2011: $28,006Net Assets 2011: $14,606,0942011Assets 2012: $15,967,435Liabilities 2012: $47,410Net Assets 2012: $15,920,0252012Assets 2013: $17,838,660Liabilities 2013: $23,020Net Assets 2013: $17,815,6402013Assets 2014: $18,150,910Liabilities 2014: $49,731Net Assets 2014: $18,101,1792014Assets 2015: $16,900,552Liabilities 2015: $44,802Net Assets 2015: $16,855,7502015Assets 2016: $17,155,606Liabilities 2016: $30,208Net Assets 2016: $17,125,3982016Assets 2017: $18,819,103Liabilities 2017: $31,204Net Assets 2017: $18,787,8992017Assets 2018: $17,958,953Liabilities 2018: $42,246Net Assets 2018: $17,916,7072018Assets 2019: $20,845,173Liabilities 2019: $26,432Net Assets 2019: $20,818,7412019Assets 2020: $24,583,348Liabilities 2020: $112,893Net Assets 2020: $24,470,4552020Assets 2021: $27,047,088Liabilities 2021: $32,359Net Assets 2021: $27,014,7292021Assets 2022: $23,013,559Liabilities 2022: $495,959Net Assets 2022: $22,517,6002022Assets 2023: $24,915,292Liabilities 2023: $317,597Net Assets 2023: $24,597,6952023Assets 2024: $27,508,111Liabilities 2024: $300,623Net Assets 2024: $27,207,4882024

Highlighted filing

2014

Assets$18,150,910
Liabilities$49,731
Net Assets$18,101,179

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $856,6892011Revenue 2012: $713,402Expenses 2012: $620,435Net Income 2012: $92,9672012Revenue 2013: $1,326,337Expenses 2013: $679,466Net Income 2013: $646,8712013Revenue 2014: $1,897,992Expenses 2014: $831,609Net Income 2014: $1,066,3832014Revenue 2015: $1,795,879Expenses 2015: $2,386,385Net Income 2015: -$590,5062015Revenue 2016: $929,065Expenses 2016: $1,064,551Net Income 2016: -$135,4862016Revenue 2017: $1,460,224Expenses 2017: $975,430Net Income 2017: $484,7942017Revenue 2018: $2,252,521Expenses 2018: $833,690Net Income 2018: $1,418,8312018Revenue 2019: $2,139,206Expenses 2019: $1,602,056Net Income 2019: $537,1502019Revenue 2020: $2,359,350Expenses 2020: $820,544Net Income 2020: $1,538,8062020Revenue 2021: $5,933,977Expenses 2021: $954,764Net Income 2021: $4,979,2132021Revenue 2022: $1,568,413Expenses 2022: $810,365Net Income 2022: $758,0482022Revenue 2023: $500,858Expenses 2023: $1,058,767Net Income 2023: -$557,9092023Revenue 2024: $1,914,929Expenses 2024: $1,247,978Net Income 2024: $666,9512024

Highlighted filing

2014

Revenue$1,897,992
Expenses$831,609
Net Income$1,066,383
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 2, 2015
Return Version
2014v5.0
Gross Receipts
$8,602,362
Mission and Program Overview

Mission

The permanent protection and encouragement of agricultural, habitat, open space lands, and recreational trails in the tri-valley of northern california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$9,265,955$9,255,554▼ $10,401
Investments in Publicly Traded Securities$6,104,345$6,269,380▲ $165,035
Land, Buildings, and Equipment, Net$1,509,181$1,507,393▼ $1,788
Cash and Non-Interest-Bearing Accounts$874,379$1,039,131▲ $164,752
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$17,838,660$18,150,910▲ $312,250
Other Assets Total$84,800$79,452▼ $5,348
Liabilities
Accounts Payable and Accrued Expenses$23,020$44,148▲ $21,128
Deferred Revenue-$5,583-
Total Liabilities$23,020$49,731▲ $26,711
Net Assets / Fund Balance
Temporarily Rstr Net Assets$15,027,905$15,468,037▲ $440,132
Unrestricted Net Assets$2,787,735$2,633,142▼ $154,593
Total Net Assets Fund Balance$17,815,640$18,101,179▲ $285,539
Total Liabilities and Net Assets / Fund Balance$17,838,660$18,150,910▲ $312,250

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,500,060-$1,500,060
Equipment$7,333$34,082$41,415

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$9,965,735$180,000▲ $343,620-$10,412,094
2013$8,071,324$180,000▲ $1,774,147-$9,965,735
2012$7,160,386$180,000▲ $787,114-$8,071,324
2011$7,232,923$180,000▼ $207,647-$7,160,386
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura MercierExecutive DirectorFT$85,354$9,500$94,854

Board Members and Trustees

NameTitle
Mary RobertsChairman
Jeff WilliamsVice Chair
Art JeannetDirector
Christopher SchliesDirector
Jeff CranorDirector
MELODY O'SHEADirector
Matt FordDirector
Norman PetermeierDirector
Ryan CallahanDirector
Clay WidmayerSecretary
Michael FredrichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$141,298
Program Service Revenue
$64,276
Investment Income
$1,632,981
Other Revenue
$59,437
All Other Contributions
$141,298
Change in Net Assets
$1,066,383

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,897,992
Revenue Not Reported on Form 990
$-780,844
Total Revenue per Audited Statements
$1,117,148
Total Revenue per Form 990
$1,897,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$497,752
Salaries, Compensation, and Employee Benefits$333,857
Total Fundraising Expense$39,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$182,714$9,930$5,959$198,603
Fees for Services Other$113,347$11,985-$125,332
Current Officers, Directors, Trustees, and Key Employees$87,266$4,743$2,845$94,854
Advertising$51,948-$5,772$57,720
Occupancy$45,670$2,482$1,489$49,641
All Other Expenses$31,120$1,346$895$33,361
Payroll Taxes$25,755$1,400$840$27,995
Conferences and Meetings$21,742$1,144-$22,886
Fees for Service Investment Mgmnt Fees$21,275$1,120-$22,395
Fees for Services Accounting$20,019$1,054-$21,073
Other Expenses$26,107-$20,774$20,774
Insurance$16,387$341$341$17,069
Other Employee Benefits$11,413$620$372$12,405
Fees for Services Legal$7,870$161-$8,031
Office Expenses$6,737$366$219$7,322
Depreciation Depletion$3,252$176$106$3,534
Information Technology$2,865$159$159$3,183
Total Functional Expenses$754,811$37,027$39,771$831,609

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$831,609
Total Expenses per Audited Statements$831,609
Total Expenses per Form 990$831,609
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$90,092
Fundraising Direct Expenses$63,847
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jeans and Jewels$84,806$84,806$19,617$65,189
Livermore Uncorked$5,286$5,286$5,327$-41
Total Events$90,092$90,092$63,847$26,245
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Tvc has a board of directors. Five of the directors are appointed by five organizations: city of livermore, city of pleasanton, county of alameda, livermore valley winegrowers association and friends of the vineyards. The other seven directors are considered "at large" and are voted upon by the current board. There are no other members - all donors and advisory council are considered "friends" of tvc.

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

Committees are not authorized to make decisions for TVC, they investigate and prepare proposals to the Board of Directors who make the decisions. The committees can make recommendations however the BOD can choose to modify and/or reject recommendations by the committees.

Form 990, Part VI, Line 11B: Form 990 Review Process

FORM 990 WAS PREPARED BY THE ACCOUNTANTS AND SENT TO THE OFFICERS FOR REVIEW AND APPROVAL BEFORE FILING. The Form 990 will be available to any board member who requests a copy of the document.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually, each director is requested to review, update, and sign the conflict of interest form from the previous year. Additionally, at the beginning of each board of director and committee meetings everyone is asked to identify if there are any possibilities of a conflict of interest. Anyone identifying themselves with a conflict of interest is documented in the minutes. The individuals who have a conflict of interest for a specific item has/will recuse themselves from the room during the discussion and decision votes (this is all documented in the minutes).

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Review of agreed expectations for the year, personnel committee sends out review forms to each director, plus the executive director conducts a self evaluation. Additionally, pay is compared to the annual nonprofit compensation associates annual survey for "fair pay for northern california nonprofits".

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

For other employees reviews are completed by the executive director. Expectations versus accomplishments and "fair pay for northern california nonprofits" annual survey is used.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Tvc prepares an annual report each year which is included in a local newspaper with 25,000 copies. Board of director packets include financial reports which are posted to the website and made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Tri-valley Conservancy
EIN
94-3216468
Phone
9254498706
Address
1457 FIRST STREET, LIVERMORE, CA 94550

Signing Officer

Name
Laura Mercier
Title
Executive Director
Signed
2015-07-02
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
100

Preparer

Firm
Damore Hamric & Schneider Inc
Address
1515 River Park Dr Ste 150, Sacramento, CA 95815-4606
Preparer
Marta J Williams
Phone
9164812856
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: freeze frame competition to increase awareness of the tri-valley's open space and resources being or need to be protected. Throughout the year, tvc coordinates and delivers a roving exhibit with current photos of the east alameda county area. Quest for excellence - education series for winegrowers and winemakers to increase quality vineyards and wines to ensure economic viability of livermore valley wines.agriculture day: tvc supports the local ag day in support of the livermore valley unified school district 3rd graders. The agriculture adventure day featured numerous agricultural exhibits, hands-on activities and demonstrations. Demonstrations included sheep shearing, hoof trimming and honey bee production. Exhibits included: olive oil production, grape pressing, livermore history and large and small farm animals. Students had the opportunity to participate in hand-on activities including bee condo building, dummy calf roping, and seed planting.

Financial Statement Notes

Part II, Line 5: Summarized Policy

Monitoring is the regular and systematic gathering of information about a conserved property to detect changes and to ensure that the property is being used in accordance with the restrictions placed on it and/or management team. Each property, whether protected by a conservation easement or owned by TVC, will be monitored at least annually in a manner appropriate to the size and restrictions of the property. Monitors may include TVC staff, board or committee members, trained volunteers and relevant professionals.

Part II, Line 9: Organization Reporting of conservation easements.

Through its years of operation, TVC has acquired sixty deeds of perpetual agricultural or open space easements totaling 4,309 acres. These easements have no financial value since the development rights associated with the properties have been permanently "extinguished". Therefore, the easements are valued nominally at $1 each, for a total of $60 in these financial statements.Certain residential Developments within the boundary of the plan area are required to pay TVC mitigation fees at the time individual building permits are pulled (Ruby Hill Development in Pleasanton, CA) or in other cases at the time of final map approval. Such fees have been collected by the city of Pleasanton, and TVC anticipates revenues from the remaining four plus residential lots still available in the Ruby Hill development. All monies received from Ruby Hill are restricted for use within the South Livermore Valley Area Plan (SLVAP). TVC uses the developer mitigation fees it receives from Ruby Hill to purchase conservation easements, to steward the portfolio of easements under its care and to cover its general and administrative operations.TVC accepts and holds conservation easements committing to annual stewardship in perpetuity, to enforce their terms and to building positive landowner and community relationships to support its conservation programs and enforcement actions. For every easement, TVC has a baseline documentation report prepared prior to closing and signed by the landowner at closing. The report documents the improvement conservation values protected by the easement and the relevant conditions of the property as necessary to monitor and enforce the easement(s). The easement properties are monitored regularly, at least annually, and documentation is kept of each monitoring activity. TVC maintains regular contact with owners of easement properties. Changes in land ownership are tracked. TVC strives to promptly build a positive working relationship with new owners of easement properties and informs them about the easement's existence and restrictions, and TVC's stewardship policies and procedures. Part of the stewardship effort requires TVC to take necessary and consistent steps to see that violations are resolved utilizing legal resources for enforcement and defense when necessary.

Part V, Line 4: Intended uses of the endowment fund.

The primary purpose of the endowment account is to ensure property stewardship of TVC's easements and property interests by funding its legal, operating and monitoring activities in perpetuity.

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IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL FREDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm10LAURA MERCIER
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFF WILLIAMS
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIR
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IRS990/FormationYr01994
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IRS990/MissionDesc0THE PERMANENT PROTECTION AND ENCOURAGEMENT OF AGRICULTURAL, HABITAT, OPEN SPACE LANDS, AND RECREATIONAL TRAILS IN THE TRI-VALLEY OF NORTHERN CALIFORNIA.
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IRS990/OtherExpensesGrp/Desc1ACQUISITION EXPENSE
IRS990/OtherExpensesGrp/Desc2LEGISLATIVE SUPPORT
IRS990/OtherExpensesGrp/Desc3SPECIAL EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt020774
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IRS990/OtherExpensesGrp/ProgramServicesAmt134395
IRS990/OtherExpensesGrp/ProgramServicesAmt226107
IRS990/OtherExpensesGrp/TotalAmt044929
IRS990/OtherExpensesGrp/TotalAmt134395
IRS990/OtherExpensesGrp/TotalAmt226107
IRS990/OtherExpensesGrp/TotalAmt320774
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0182714
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01400
IRS990/PayrollTaxesGrp/ProgramServicesAmt025755
IRS990/PayrollTaxesGrp/TotalAmt027995
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MITIGATION INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064276
IRS990/ProgSrvcAccomActy2Grp/Desc02014 LIVERMORE VALLEY UNCORKED - 38 WINERIES ENTERED WITH 98 WINES. IN SUPPORT OF TVC'S MISSION TO SUPPORT VITICULTURE TO BE AN ECONOMICAL VIABLE CROP, TVC HOLDS THE COMPETITION AND PROMOTES THE WINNING WINES THROUGHOUT THE EAST BAY AND SAN FRANCISCO BAY AREA.
IRS990/ProgSrvcAccomActy3Grp/Desc0RESTORATION AND CLEAN UP:ADOPT A CREEK SPOT - TVC ADOPTED A STRETCH OF THE ARROYO MOCHO AT ROBERTSON PARK. TVC IS ASSUMING RESPONSIBILITY OF CLEANING AND MONITORING THE ARROYO YEAR ROUND FOR THE ENJOYMENT OF WILDLIFE, PARK VISITORS AND THE COMMUNITY. TVC WITH VOLUNTEERS GATHERED TO SUPPORT THE COASTAL CLEANUP DAY BY COLLECTING TRASH AND DEBRIS ALONG ARROYO MOCHO AND MAINTAINING THE OAK TREES NORTH OF THE ARROYO.HARVEST CLEAN UP - TVC ALONG WITH CE PROPERTY OWNERS, TVC VOLUNTEERS AND HELPS LIVERMORE VALLEY WINERIES TO PREPARE FOR THE ANNUAL HARVEST FESTIVAL. TRASH AND DEBRIS WERE COLLECTED ALONG GREENVILLE ROAD, TESLA ROAD, MINES ROAD, ARROYO ROAD, AND WETMORE.
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt01153267
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: Tri-Valley Conservancy (TVC) is recognized as a Grantee in 60 Conservation Easements. TVC agreed, by accepting these grants, to honor the intentions of Grantor stated herein to promote, preserve and enhance the agricultural potential and Conservation Values of the Property for the benefit of the people of the City of Livermore or Pleasanton, the people of the County of Alameda, and the people of the State of California, and agrees to accept the terms and conditions of this grant. Three of our directors are appointed by two cities: Livermore and Pleasanton and Alameda County. It is the purpose of these Easements to preserve forever the Conservation Values of the Property and to prevent any use of the Property that will impair or interfere with the Conservation Values. In order for TVC to fulfill their responsibilities TVC created two investment funds Working Capital Fund and an Endowment Fund. These funds were put in place so that we can ensure TVC is invested for in perpetuity. At this time our contributions are dwarfed by our investment revenue. The majority of these funds came from mitigation requirements due to programs in place by Cities of Livermore and Pleasanton and Alameda County. We have a Fund Raising program and in the last five years we have increased individual donations and grants.Almost 50% of the properties directly support the public with trails and parkland. There is an eight mile public trail: horses, runners/walkers and bicycles run through 1,900 acres of the land that is under conservation easements held by TVC. In addition there is over 500 acres open to the public as parkland that host multiple local trails and two regional trails. The remaining other acres have habitat areas, local agriculture and open space.
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IRS990ScheduleA/SubstantialContributorsTotAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$0.30$27.2$1.91$1.25$0.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.9$0.32$24.6$0.50$1.06$0.56
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$0.50$22.5$1.57$0.81$0.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$0.03$27.0$5.93$0.95$4.98
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$0.11$24.5$2.36$0.82$1.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$0.03$20.8$2.14$1.60$0.54
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.04$17.9$2.25$0.83$1.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$0.03$18.8$1.46$0.98$0.48
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$0.03$17.1$0.93$1.06$0.14
2015Detailed filing. Detailed filing data is available for this year.$16.9$0.04$16.9$1.80$2.39$0.59
2014Detailed filing. Detailed filing data is available for this year.$18.2$0.05$18.1$1.90$0.83$1.07
2013Detailed filing. Detailed filing data is available for this year.$17.8$0.02$17.8$1.33$0.68$0.65
2012Summary only. Only limited summary data is available for this year.$16.0$0.05$15.9$0.71$0.62$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.03$14.6$0.86