Vermont Family Forests Foundation
- Assets
- $2.0m
- Revenue
- $618.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Bristol, VT
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-3294728
Organization Overview
Vermont Family Forests Foundation is located in Bristol, VT. The organization was established in 2006. 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 12/2022, Vermont Family Forests Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Family Forests 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 12/2022, Vermont Family Forests Foundation generated $618.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $390.4k during the year ending 12/2022. 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
SUSTAINABLE FORESTRY PRACTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE FORESTRY PRACTICES THROUGH EDUCATION AND SERVICES IN THE FOLLOWING AREAS: ECOLOGICAL FORESTRY - 47363 PROGRAM REVENUE ENCOURAGE DEVELOPMENT AND USE OF SUSTAINABLE FOREST MGMT/STEWARDSHIP WHICH ARE ECONOMICALLY FEASIBLE, SOCIALLY RESPONSIBLE, AND CONSERVE FAMILY FORESTS. COLBY HILL ECOLOGICAL PROJECT - FUNDED BY GRANTS DEMONSTRATE THE USE OF PROPERLY SCALED, RESOURCE EFFICIENT, LOCALLY PRODUCED FORESTRY EQUIPMENT, FACILITIES AND SERVICES. PUBLIC EDUCATION - 18514 PROGRAM REVENUE EDUCATE LANDOWNERS, FORESTERS, LOGGERS AND GENERAL PUBLIC ABOUT THE VALUES OF PRACTICING ECOLOGICALLY SOUND COMMUNITY BASED FORESTRY ON FAMILY FORESTS IN VERMONT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brynn Director | OfficerTrustee | 32 | $60,852 |
Jonathan Corcoran Director | Trustee | 1 | $0 |
Caitlin Cusack Director | Trustee | 1 | $0 |
Scott Hamshaw Director | Trustee | 1 | $0 |
Christopher Mcgrory-Klyza Director | Trustee | 1 | $0 |
Peg Sutlive Director | Trustee | 1 | $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 | $552,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $552,836 |
| Total Program Service Revenue | $65,070 |
| Investment income | $1 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $617,984 |
| 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. | $66,970 |
| Compensation of current officers, directors, key employees. | $13,394 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,156 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,004 |
| Payroll taxes | $8,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $515 |
| Fees for services: Accounting | $15,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,070 |
| Advertising and promotion | $0 |
| Office expenses | $10,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,779 |
| Travel | $1,209 |
| 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 | $25,189 |
| Insurance | $9,298 |
| All other expenses | $14,860 |
| Total functional expenses | $390,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,897 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,391 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,642 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,814,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,514 |
| Total assets | $2,002,667 |
| Accounts payable and accrued expenses | $2,794 |
| Grants payable | $0 |
| Deferred revenue | $2,407 |
| 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 | $7,648 |
| Total liabilities | $12,849 |
| Net assets without donor restrictions | $858,158 |
| Net assets with donor restrictions | $1,131,660 |
| 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 | $2,002,667 |