Loon Preservation Committee
- Assets
- $3.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Moultonborough, NH
- Founding
- 02/2007
- Data as of
- 03/2022
- EIN
- 02-0451944
Organization Overview
Loon Preservation Committee is located in Moultonborough, NH. The organization was established in 2007. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 03/2022, Loon Preservation Committee employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loon Preservation Committee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Loon Preservation Committee generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $968.2k during the year ending 03/2022. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION OF AND MAINTAINANCE OF A HEALTHY POPULATION OF LOONS AND TO MONITOR THE HEALTH AND PRODUCTIVIETY OF LOON POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPREHENSIVE CONSERVATION PROGRAM WITH ELEMENTS OF MONITORING, RESEARCH, MANAGEMENT AND EDUCATION TO RESTORE AND MAINTAIN A HEALTHY POPULATION OF LOONS THROUGHOUT NEW HAMPSHIRE TO MONITOR THE HEALTH AND PRODUCTIVITY OF LOON POPULATIONS AS SENTINELS OF ENVIRONMENTAL QUALITY AND TO PROMOTE A GREATER UNDERSTANDING OF LOONS AND THE NATURAL WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Vogel Executive Director | Officer | 40 | $88,124 |
Glyn P Green Treasurer | OfficerTrustee | 2.41 | $0 |
Kristen F Begor Chair | OfficerTrustee | 5.77 | $0 |
Robert I Rotberg Vice Chair | OfficerTrustee | 1.93 | $0 |
Elizabeth P Gabel Trustee | Trustee | 0.77 | $0 |
Susan Goodwin Trustee | Trustee | 0.77 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $168,845 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,208 |
| All other contributions, gifts, grants, and similar amounts not included above | $937,545 |
| Noncash contributions included in lines 1a–1f | $9,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,206,598 |
| Total Program Service Revenue | $0 |
| Investment income | $1,858 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45,600 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,265,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $476,296 |
| Pension plan accruals and contributions | $18,034 |
| Other employee benefits | $61,566 |
| Payroll taxes | $35,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,124 |
| Advertising and promotion | $10,091 |
| Office expenses | $8,132 |
| Information technology | $6,669 |
| Royalties | $0 |
| Occupancy | $22,302 |
| Travel | $6,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,604 |
| Insurance | $14,488 |
| All other expenses | $21,228 |
| Total functional expenses | $968,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $653 |
| Savings and temporary cash investments | $909,860 |
| Pledges and grants receivable | $39,750 |
| Accounts receivable, net | $43,789 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,122 |
| Prepaid expenses and deferred charges | $251 |
| Net Land, buildings, and equipment | $2,144,129 |
| Investments—publicly traded securities | $124,878 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,500 |
| Total assets | $3,314,932 |
| Accounts payable and accrued expenses | $36,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,249 |
| Net assets without donor restrictions | $2,919,648 |
| Net assets with donor restrictions | $359,035 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,314,932 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Loon Preservation Committee has recieved totaling $105,425.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general/annual support, capital campaign and Squam Lake Loon Initiative | $73,650 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ENVIRONMENT & ANIMAL PROTECTION | $11,225 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $9,450 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $5,500 |
Wiggins Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Edmund & Betsy Cabot Charitable Foundation Boston, MA PURPOSE: GENERAL | $500 |
Endowment Analysis
| Beg. Balance | $121,795 |
| Earnings | $3,083 |
| Ending Balance | $124,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |
Tidewater Conservation Foundation Portland, ME | $0 | $1,700 |
Natural Resources Council Inc Augusta, ME | $17,815,434 | $6,085,741 |
Guanacaste Dry Forest Conservation Fund Huntington, VT | $19,091,340 | $3,460,477 |
Northeast Wilderness Trust Montpelier, VT | $32,931,884 | $12,311,502 |
Schoodic Institute At Acadia National Park Winter Harbor, ME | $5,755,184 | $2,708,805 |
Audubon Society Of New Hampshire Concord, NH | $20,426,605 | $3,024,550 |
Sheriffs Meadow Foundation Vineyard Haven, MA | $93,586,445 | $3,402,421 |
Greenroots Inc Chelsea, MA | $3,100,624 | $2,261,048 |