Fond Land Preservation Foundation
- Assets
- $9.2m
- Revenue
- $671.3k
- Investments
- $198.0
- Employees
- 0
- Location
- Studio City, CA
- Founding
- 12/2004
- Data as of
- 06/2024
- EIN
- 20-0556015
Organization Overview
Fond Land Preservation Foundation is located in Studio City, CA. The organization was established in 2004. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fond Land Preservation Foundation 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 06/2024, Fond Land Preservation Foundation generated $671.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING THE ACQUISITION AND MAINTENANCE OF OPEN SPACE FOR PUBLIC USE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Humiston President | 5 | $60,000 | |
William Eick Vice Preside | 7 | $72,000 | |
Justine M Eick Secretary | 5 | $64,000 | |
Wade Clayton Treasurer | 3 | $40,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Law Office Of Eric F Edmunds Jr | 6/29/24 | $398,828 |
Crescenta Valley Tree Inc | 6/29/24 | $77,771 |
Strategic Property Analytics | 6/29/24 | $74,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,532 |
| Dividends & Interest | $0 |
| Net Rental Income | $612,569 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $671,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $236,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $77,705 |
| Interest | $0 |
| Taxes | $116,079 |
| Depreciation | $41,017 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $713 |
| Other expenses | $136,777 |
| Total operating and administrative expenses | $1,127,982 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,127,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,787 |
| Savings and temporary cash investments | $41,459 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $180,646 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $198 |
| Net Land, buildings, and equipment | $8,748,509 |
| Other assets | $0 |
| Total assets | $9,176,599 |
| Accounts payable and accrued expenses | $22,558 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $183,898 |
| Total liabilities | $206,456 |