Weekapaug Foundation For Conservation
- Assets
- $19.8m
- Revenue
- $247.8k
- Investments
- $257.0k
- Employees
- 1
- Location
- Westerly, RI
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 22-3018145
Organization Overview
Weekapaug Foundation For Conservation is located in Westerly, RI. The organization was established in 1994. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, 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. Weekapaug Foundation For Conservation 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 12/2021, Weekapaug Foundation For Conservation generated $247.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $165.4k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE NATURAL ENVIRONMENT IN THE QUONOCHONTAUG AND WINNAPAUG POND WATERSHED AREAS AND THE RELATED AREA AROUND THE WEEKAPAUG FIRE DISTRICT. THIS INCLUDES PRESERVING OPEN SPACE IN THE WATERSHEDS OF THE QUONOCHONTAUG AND WINNIPAUG SALT PONDS, PROTECTING THE BARRIER BEACHES AND ENSURING THE INTEGRITY AND WATER QUALILTY OF THE PONDS THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION INCLUDES STEWARDSHIP OF THE VARIOUS PROPERTIES IN OUR CONSERVATION PORTFOLIO OF FEE OWNED LANDS AND CONSERVATION EASEMENT HOLDINGS. STEWARDSHIP ACTIVITIES IN 2020 WERE DIRECTLY RELATED TO ONGOING IMPLEMENTATION OF THE ORGANIZATION'S STEWARDSHIP PLAN, INCLUDING PROFESSIONAL SERVICES FOR CERTAIN BASELINE DOCUMENTATION REPORTS (BDRS) FOR BOTH FEE OWNED AND EASEMENT PROPERTIES, ROUTINE STEWARDSHIP OF OUR PROPERTIES (MOWING, MONITORING, CLEAN-UP). IN 2020 THE ORGANIZATION SHIFTED FOCUS TO EMPHASIZE STEWARDSHIP AND RELATED ACTIVITIES, INCLUDING IMPLEMENTING A 'BUDDY PROGRAM' FOR EACH PROPERTY, ORGANIZING COMMUNITY CLEAN-UP DAYS, STEWARDSHIP MONITORING AND DATA COLLECTION. THE ORGANIZATION ALSO TOOK STEPS TO IMPROVE COMMUNICATION TO OUR MEMBERSHIP AND LAND OWNERS BY DIGITIZING/EMAILING OUR COMMUNICATIONS, ENHANCING OUR WEBSITE (INCLUDING PROPERTY WRITE-UPS/DESCRIPTIONS FOR BOTH FEE OWNED AND EASEMENT PROPERTIES AND INCREASING OUR PRESENCE ON SOCIAL MEDIA (INSTAGRAM). THE FOUNDATION USED GRANT FUNDING FOR PROFESSIONAL SERVICES FOR SEVERAL OF THE BDR REPORTS COMPLETED IN 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosanna Cavanagh Executive Di | Trustee | 30 | $42,612 |
Jon A Emswiler Asst Treas, | OfficerTrustee | 2 | $0 |
Margaret Hark Secretary, T | OfficerTrustee | 2 | $0 |
Frank J Kinney III Chair, Trust | OfficerTrustee | 2 | $0 |
Julien N Vachon Treasurer, T | OfficerTrustee | 2 | $0 |
Robert R Bouvier Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,262 |
| Noncash contributions included in lines 1a–1f | $3,468 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,762 |
| Total Program Service Revenue | $0 |
| Investment income | $30,992 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$339 |
| Net Gain/Loss on Asset Sales | $40,053 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,785 |
| 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. | $42,612 |
| Compensation of current officers, directors, key employees. | $17,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,597 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $853 |
| Advertising and promotion | $0 |
| Office expenses | $19,414 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,675 |
| Insurance | $20,070 |
| All other expenses | $4,819 |
| Total functional expenses | $165,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,366 |
| Savings and temporary cash investments | $5,066 |
| Pledges and grants receivable | $37,348 |
| 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 | $12,749 |
| Net Land, buildings, and equipment | $17,815,498 |
| Investments—publicly traded securities | $1,514,758 |
| Investments—other securities | $256,994 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,770,779 |
| Accounts payable and accrued expenses | $18,047 |
| 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 | $18,047 |
| Net assets without donor restrictions | $19,052,826 |
| Net assets with donor restrictions | $699,906 |
| 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 | $19,770,779 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Weekapaug Foundation For Conservation has recieved totaling $5,125.
| Awarding Organization | Amount |
|---|---|
Royce Family Fund Inc Greenwich, CT PURPOSE: GENERAL PURPOSES | $2,000 |
Louis Foundation Cambridge, MA PURPOSE: CHARITABLE | $2,000 |
Macinnis Family Foundation Westport, CT PURPOSE: GENERAL SUPPORT | $1,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $125 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Aquidneck Land Trust Middletown, RI | $25,504,310 | $25,123,306 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Berkshire Natural Resources Lenox, MA | $30,614,127 | $3,680,063 |
South Kingstown Land Trust South Kingstown, RI | $12,353,634 | $3,040,984 |
Wildlands Trust Inc Plymouth, MA | $11,768,642 | $4,407,182 |
Kestrel Land Trust Inc Amherst, MA | $7,170,959 | $4,804,533 |
Sudbury Valley Trustees Inc Sudbury, MA | $30,284,086 | $6,625,833 |
Northwest Connecticut Land Conservancy Inc Kent, CT | $63,407,223 | $2,698,064 |
Nantucket Land Council Inc Nantucket, MA | $42,170,457 | $1,862,044 |
Lands Sake Incorporated Weston, MA | $5,942,890 | $2,602,179 |
Quissett Harbor Preservation Trust Inc Falmouth, MA | $1,121,885 | $780,014 |