Mount Grace Land Conservation Trust Inc
- Assets
- $3.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Athol, MA
- Founding
- 12/1987
- Data as of
- 05/2020
- EIN
- 04-2938967
Organization Overview
Mount Grace Land Conservation Trust Inc is located in Athol, MA. The organization was established in 1987. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 05/2021, Mount Grace Land Conservation Trust Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Grace Land Conservation Trust Inc 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 05/2020, Mount Grace Land Conservation Trust Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $988.4k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT SIGNIFICANT NATURAL, AGRICULTURAL, AND SCENIC AREAS AND ENCOURAGE LAND STEWARDSHIP IN NORTH CENTRAL AND WESTERN MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT: THE COMMUNICTY ENGAGEMENT PROGRAM WORKED TO KEEP THE TRUST'S CONSERVATION WORK IN THE PUBLIC EYE AND TO BRING THE PUBLIC ON TO PROTECTED LAND AND INVOLVE THE COMMUNITY IN MOUNT GRACE'S PROJECTS. REGULAR PRESS RELEASES TO LOCAL MEDIA, AS WELL AS, A REGIONALLY DISTRIBUTED NEWSLETTER, KEEP THE COMMUNITY AND MOUNT GRACE MEMBERSHIP APPRISED OF NEW PROJECTS AND CHALLENGES. FREQUENT FREE PUBLIC EVENTS ARE USED TO SHOWCASE THE SUCCESSFUL WORK OF THE CONSERVATION PROGRAM. THE PROGRAM ALSO REACHES OUT TO LANDOWNERS CONTEMPLATING LAND CONSERVATION.
CONSERVATION AND STEWARDSHIP: THE CONSERVATION AND STEWARDSHIP PROGRAMS ARE RESPONSIBLE FOR EXECUTING THE LAND PROTECTION AND NATURAL RESOURCES MANAGEMENT FUNCTIONS OF THE LAND TRUST. THE PROGRAM WORKS WITH WILLING LANDOWNERS, MUNICIPAL, STATE AND FEDERAL AGENCIES, AND NON-GOVERNMENTAL ORGANIZATIONS TO PERMANENTLY PROTECT LAND FOR THE BENEFIT OF THE PUBLIC AND MANAGE NATURAL RESOURCES ON THOSE LANDS USING SCIENCE-BASED BEST MANAGEMENT PRACTICES.
COMMUNITY ENGAGEMENT: THE COMMUNICTY ENGAGEMENT PROGRAM WORKED TO KEEP THE TRUST'S CONSERVATION WORK IN THE PUBLIC EYE AND TO BRING THE PUBLIC ON TO PROTECTED LAND AND INVOLVE THE COMMUNITY IN MOUNT GRACE'S PROJECTS. REGULAR PRESS RELEASES TO LOCAL MEDIA, AS WELL AS, A REGIONALLY DISTRIBUTED NEWSLETTER, KEEP THE COMMUNITY AND MOUNT GRACE MEMBERSHIP APPRISED OF NEW PROJECTS AND CHALLENGES. FREQUENT FREE PUBLIC EVENTS ARE USED TO SHOWCASE THE SUCCESSFUL WORK OF THE CONSERVATION PROGRAM. THE PROGRAM ALSO REACHES OUT TO LANDOWNERS CONTEMPLATING LAND CONSERVATION.
CONSERVATION AND STEWARDSHIP: THE CONSERVATION AND STEWARDSHIP PROGRAMS ARE RESPONSIBLE FOR EXECUTING THE LAND PROTECTION AND NATURAL RESOURCES MANAGEMENT FUNCTIONS OF THE LAND TRUST. THE PROGRAM WORKS WITH WILLING LANDOWNERS, MUNICIPAL, STATE AND FEDERAL AGENCIES, AND NON-GOVERNMENTAL ORGANIZATIONS TO PERMANENTLY PROTECT LAND FOR THE BENEFIT OF THE PUBLIC AND MANAGE NATURAL RESOURCES ON THOSE LANDS USING SCIENCE-BASED BEST MANAGEMENT PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Ellsworth Executive Director | Officer | 40 | $70,260 |
Max Feldman President | OfficerTrustee | 2 | $0 |
Miriam Hellen Jones Vice President | OfficerTrustee | 2 | $0 |
Jeffrey Cole Treasurer | OfficerTrustee | 2 | $0 |
Joanne Mcgee Clerk | OfficerTrustee | 2 | $0 |
Elda James Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,649 |
| Investment income | $16,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$17,764 |
| Net Gain/Loss on Asset Sales | -$1,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,012,176 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $440,562 |
| Pension plan accruals and contributions | $5,435 |
| Other employee benefits | $56,297 |
| Payroll taxes | $41,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,203 |
| Fees for services: Accounting | $49,119 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,905 |
| Fees for services: Other | $30,924 |
| Advertising and promotion | $0 |
| Office expenses | $17,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,021 |
| Travel | $4,275 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,813 |
| Interest | $1,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,006 |
| Insurance | $11,397 |
| All other expenses | $53,831 |
| Total functional expenses | $988,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $376,569 |
| Pledges and grants receivable | $374,574 |
| Accounts receivable, net | $10,500 |
| 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 | $21,082 |
| Investments—publicly traded securities | $518,482 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,434,728 |
| Total assets | $3,068,717 |
| Accounts payable and accrued expenses | $63,763 |
| Grants payable | $0 |
| Deferred revenue | $2,568 |
| 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 | $206,002 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $272,333 |
| Net assets without donor restrictions | $1,515,098 |
| Net assets with donor restrictions | $1,281,286 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,796,384 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Grace Land Conservation Trust Inc has recieved totaling $43,000.
| Awarding Organization | Amount |
|---|---|
Csp Charitable Foundation Boston, MA PURPOSE: CHARITABLE | $35,000 |
Hollis Declan Leverett Memorial Fund Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $8,000 |
Endowment Analysis
| Beg. Balance | $227,999 |
| Earnings | $74,721 |
| Ending Balance | $302,720 |
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 |