Bourne Conservation Trust
- Assets
- $20.3m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Cataumet, MA
- Founding
- 09/1980
- Data as of
- 04/2022
- EIN
- 04-2767827
Organization Overview
Bourne Conservation Trust is located in Cataumet, MA. The organization was established in 1980. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bourne Conservation Trust 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 04/2022, Bourne Conservation Trust generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $150.0k during the year ending 04/2022. While expenses have increased by 13.6% 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
PROMOTING THE PRESERVATION OF THE SCENIC CHARACTER OF THE TOWN OF BOURNE BY SEQUESTERING SELECT PARCELS OF LAND, KEEPING THEM IN THEIR NATURAL STATE AND AVAILABLE FOR APPROPRIATE RECREATION PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ACQUIRES AND MAINTAINS LAND IN AND AROUND THE TOWN OF BOURNE, MASSSACHUSETTS IN ORDER TO FULFILL ITS MISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Ballentine President | OfficerTrustee | 10 | $0 |
Grace Rowe Treasurer/secretary | OfficerTrustee | 2 | $0 |
Thomas Corcoran Trustee | Trustee | 2 | $0 |
Eugenie Birch Trustee | Trustee | 2 | $0 |
Richard Murphy Trustee | Trustee | 2 | $0 |
Philip Denormandie Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,762,599 |
| Noncash contributions included in lines 1a–1f | $346,621 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,762,599 |
| Total Program Service Revenue | $0 |
| Investment income | $49,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $127,173 |
| Net Income from Fundraising Events | $1,650 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,941,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,750 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,145 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,728 |
| Fees for services: Other | $997 |
| Advertising and promotion | $1,803 |
| Office expenses | $3,130 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,417 |
| Insurance | $10,085 |
| All other expenses | $633 |
| Total functional expenses | $149,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,382 |
| Savings and temporary cash investments | $236,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,140 |
| Net Land, buildings, and equipment | $123,959 |
| Investments—publicly traded securities | $2,710,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,010,629 |
| Total assets | $20,290,140 |
| Accounts payable and accrued expenses | $261 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $150,261 |
| Net assets without donor restrictions | $20,139,879 |
| Net assets with donor restrictions | $0 |
| 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 | $20,290,140 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Bourne Conservation Trust has recieved totaling $776,104.
| Awarding Organization | Amount |
|---|---|
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $500,000 |
Sea Breeze Foundation Pittsburgh, PA PURPOSE: GENERAL OPERATING | $112,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $61,250 |
Gordon And Marjorie Osborne Foundation Boston, MA PURPOSE: GENERAL | $50,000 |
Fiduciary Charitable Foundation Boston, MA PURPOSE: DONATIONS | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $16,107 |
Endowment Analysis
| Beg. Balance | $2,787,201 |
| Earnings | -$26,763 |
| Admin Expense | $28,728 |
| Net Contributions | $233,922 |
| Other Expense | $150,000 |
| Ending Balance | $2,815,632 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Open Space Institute Land Trust Inc New York, NY | $354,809,473 | $44,215,127 |
Aquidneck Land Trust Middletown, RI | $25,504,310 | $25,123,306 |
Vermont Land Trust Inc Montpelier, VT | $53,999,994 | $16,703,041 |
Scenic Hudson Land Trust Inc Poughkeepsie, NY | $274,968,472 | $12,546,398 |
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |