Emerald Necklace Conservancy Inc
- Assets
- $9.9m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 25
- Location
- Boston, MA
- Founding
- 03/1999
- Data as of
- 09/2023
- EIN
- 04-3414988
Organization Overview
Emerald Necklace Conservancy Inc is located in Boston, MA. The organization was established in 1999. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Emerald Necklace Conservancy Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerald Necklace Conservancy 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 09/2023, Emerald Necklace Conservancy Inc generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $2.6m during the year ending 09/2023. While expenses have increased by 6.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE AND IMPROVE THE EMERALD NECKLACE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PROGRAMS - PARK MAINTENANCE AND RESTORATION PROGRAMS CONTINUED IN FY 2023 WITH THE FREE AND PUBLIC MUDDY RIVER CLEAN UP, TUESDAYS WITH ROSES, SECOND SATURDAYS AND DO-IT-YOURSELF PARK CLEAN UP KITS. THE CONSERVANCY ALSO HELD 18 DAY IN THE DIRT PRIVATE VOLUNTEER DAYS FOR CORPORATE OR INSTITUTIONAL GROUPS IN FY 2023.THE CONSERVANCY CONTINUED ITS FOCUS ON REVITALIZING CHARLESGATE AT THE NEXUS OF KENMORE SQUARE, THE FENWAY AND THE BACK BAY. THE CONSERVANCY'S WATERING TRUCK, PURCHASED AT THE END OF FY 2021, HAS ENABLED THE CONSERVANCY TO INCREASE CAPACITY AND IMPROVE THE HEALTH OF THE NECKLACE'S YOUNGEST TREES. IN FY 2023 THE CONSERVANCY WATERED 200 TREES IN THE EMERALD NECKLACE, UP 81% OVER THE PREVIOUS YEAR. WATERING IS A CRITICAL EFFORT IN SUPPORTING THE ESTABLISHMENT OF YOUNG TREES.
EDUCATION AND VISITOR SERVICES - THE CONSERVANCY'S SHATTUCK VISITOR CENTER IS LOCATED IN THE BACK BAY FENS AT 125 THE FENWAY, ACROSS THE STREET FROM THE MUSEUM OF FINE ARTS. THE VISITOR CENTER IS BOTH AN EDUCATIONAL RESOURCE ABOUT THE PARKS AND A GATHERING PLACE FOR THE COMMUNITY. A HUB OF ACTIVITY, YOU'LL FIND A VARIETY OF FREE THINGS TO DO IN BOSTON PARKS AT THE SHATTUCK VISITOR CENTER - FROM WALKING TOURS TO TALKS AND EXHIBITS.YOUTH EDUCATION PROGRAMS INCLUDE CANOPY CLASSROOM, A FIELD TRIP PROGRAM FOR ELEMENTARY SCHOOL STUDENTS FROM BOSTON PUBLIC SCHOOLS TO THE EMERALD NECKLACE; GREEN TEAM, A SUMMER WORK PROGRAM FOR HIGH-SCHOOL STUDENTS WHICH PAIRS HANDS ON LEARNING OF HORTICULTURE IN THE PARKS WITH CAREER EXPLORATION, PERSONAL DEVELOPMENT AND NATURE APPRECIATION; AND NATURAL WAYS, A NATURE-BASED SUMMER CAMP FOR MIDDLE SCHOOL STUDENTS IN PARTNERSHIP WITH LOCAL BOYS & GIRLS CLUBS AND YMCAS TO PROVIDE A SAFE SPACE FOR YOUTH TO EXPLORE AND LEARN OUTDOORS.
MAINTENANCE, RESTORATION AND PRESERVATION - THE EMERALD NECKLACE CONSERVANCY ADVOCATES FOR AND CONSERVES THE EMERALD NECKLACE THROUGH PROJECTS AND PROGRAMS TO RESTORE AND RENEW THE LANDSCAPE, WATERWAYS AND PARKWAYS OF THE OLMSTED-DESIGNED PARK SYSTEM. THE CONSERVANCY BRINGS TOGETHER THE MANY PUBLIC AND PRIVATE PARK PARTNERS TO PRIORITIZE, FUND AND IMPLEMENT RESTORATION INITIATIVES THROUGHOUT THE PARK SYSTEM.
OLMSTED TREE SOCIETY - THE OLMSTED TREE SOCIETY WAS FOUNDED IN 2013 AS THE 10TH ANNIVERSARY PROJECT OF PARTY IN THE PARK TO PRESERVE AND MAINTAIN TREES IN THE EMERALD NECKLACE. CONTRIBUTIONS TO THE OLMSTED TREE SOCIETY HAVE PROVIDED OVER $2.9 MILLION FOR THE IMPORTANT WORK OF ASSESSING THE CONDITION OF TREES IN THE EMERALD NECKLACE AND PLANNING TO ENSURE THEIR HEALTHY FUTURE. THE OLMSTED TREE SOCIETY PROTECTS HEALTHY TREES WITH SELECTIVE PRUNING AND SOIL ENHANCEMENT AND PLANTS NEW TREES TO GROW THE TREE CANOPY THROUGHOUT THE EMERALD NECKLACE. IN FY 2023, THE CONSERVANCY PLANTED 10 NEW TREES IN THE BACK BAY FENS AND CONDUCTED A TREE INVENTORY OF 1,560 TREES IN OLMSTED PARK TO PREPARE FOR A PRUNING PROJECT IN FY 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cook Jr John R Director | Trustee | 2 | $0 |
Swift Leo Director | Trustee | 1 | $0 |
Taylor Benjamin Chair | OfficerTrustee | 4 | $0 |
Chu Ellie Cornish Clerk | OfficerTrustee | 1 | $0 |
Hall Martin Treasurer | OfficerTrustee | 2 | $0 |
Freeman Sarah Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maltby And Company Tree Pruning And Maintentance | 9/29/23 | $234,680 |
Cliftonlarsonallen Llp Accounting And Hr Services | 9/29/23 | $276,654 |
Peak Events Services Tent And Flooring Rental | 9/29/23 | $154,703 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $284,251 |
| Related organizations | $0 |
| Government grants | $329,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,382,508 |
| Noncash contributions included in lines 1a–1f | $14,677 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,995,859 |
| Total Program Service Revenue | $0 |
| Investment income | $122,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $228,803 |
| Net Income from Fundraising Events | $13,522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,361,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,000 |
| Grants and other assistance to domestic individuals. | $16,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $201,024 |
| Compensation of current officers, directors, key employees. | $27,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $953,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,180 |
| Payroll taxes | $93,996 |
| Fees for services: Management | $69,148 |
| Fees for services: Legal | $11,710 |
| Fees for services: Accounting | $125,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,877 |
| Fees for services: Other | $515,680 |
| Advertising and promotion | $3,905 |
| Office expenses | $115,538 |
| Information technology | $66,976 |
| Royalties | $0 |
| Occupancy | $70,193 |
| Travel | $20,946 |
| 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 | $33,179 |
| Insurance | $31,856 |
| All other expenses | $0 |
| Total functional expenses | $2,576,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,985,457 |
| Savings and temporary cash investments | $817,218 |
| Pledges and grants receivable | $199,437 |
| 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 | $58,196 |
| Net Land, buildings, and equipment | $649,346 |
| Investments—publicly traded securities | $6,216,393 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,926,047 |
| Accounts payable and accrued expenses | $171,131 |
| 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 | $171,131 |
| Net assets without donor restrictions | $4,845,397 |
| Net assets with donor restrictions | $4,909,519 |
| 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 | $9,926,047 |
Grants Awarded
Over the last fiscal year, Emerald Necklace Conservancy Inc has awarded $36,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN COMMUNITY DEVELOPMENT CORPORATION PURPOSE: OLMSTED NOW PARKS EQUITY AND SPACIAL JUSTICE PROJECT ON BOSTON GREENSPACE | $10,000 |
CAMBRIDGE HIP-HOP COLLECTIVE INC PURPOSE: OLMSTED NOW PARKS EQUITY AND SPACIAL JUSTICE PROJECT ON BOSTON GREENSPACE | $10,000 |
CREATIVE IMPACT FOR CHANGE CORPORATION PURPOSE: OLMSTED NOW PARKS EQUITY AND SPACIAL JUSTICE PROJECT ON BOSTON GREENSPACE | $16,000 |