Caddo Lake Institute Inc
- Assets
- $1.5m
- Revenue
- $350.7k
- Investments
- $818.1k
- Employees
- 2
- Location
- Karnack, TX
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-3622669
Organization Overview
Caddo Lake Institute Inc is located in Karnack, TX. The organization was established in 2006. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Caddo Lake Institute Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caddo Lake Institute 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 12/2023, Caddo Lake Institute Inc generated $350.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $276.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVE AND IMPROVE THE ECOLOGICAL VALUE OF CADDO LAKE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION AND EDUCATION ACTIVITIES FOR THE PROTECTION OF CADDO LAKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Henley President | OfficerTrustee | 2 | $0 |
Sandra Haverlah Secretary | OfficerTrustee | 2 | $0 |
J Marshall Jones Jr Treasurer | OfficerTrustee | 2 | $0 |
Jerry Cargill Director | Trustee | 1 | $0 |
Christopher Campbell Director | Trustee | 1 | $0 |
Rick Michaels 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 | $328,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,620 |
| Total Program Service Revenue | $0 |
| Investment income | $25,383 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,273 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,730 |
| 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. | $114,400 |
| Compensation of current officers, directors, key employees. | $40,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,658 |
| Pension plan accruals and contributions | $4,009 |
| Other employee benefits | $10,452 |
| Payroll taxes | $11,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,167 |
| Advertising and promotion | $1,705 |
| Office expenses | $1,893 |
| Information technology | $6,806 |
| Royalties | $0 |
| Occupancy | $5,992 |
| Travel | $9,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,422 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,937 |
| All other expenses | $5,825 |
| Total functional expenses | $276,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,529 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $631,394 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $818,105 |
| Investments—program-related | $0 |
| Intangible assets | $29,000 |
| Other assets | $1,000 |
| Total assets | $1,545,028 |
| Accounts payable and accrued expenses | $3,625 |
| 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 | $200,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $203,625 |
| Net assets without donor restrictions | $1,309,903 |
| Net assets with donor restrictions | $31,500 |
| 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 | $1,545,028 |