Greensboro Land Trust Inc
- Assets
- $326.5k
- Revenue
- $57.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, VT
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 22-3221358
Organization Overview
Greensboro Land Trust Inc is located in Greensboro, VT. The organization was established in 1993. 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. Greensboro Land Trust 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 12/2022, Greensboro Land Trust Inc generated $57.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $15.5k during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MONITOR CONSERVED GREENSBORO EASEMENTS, INFORM THE PUBLIC ABOUT CONSERVATION, SEEK DONATIONS FOR CONSERVING EASEMENTS, AND CONTRIBUTE TO THE PURCHASE OF CONSERVATION EASEMENTS WITHIN THE TOWNSHIP OF GREENSBORO, VT
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORED 20 CONSERVATION EASEMENTS EXECUTED BY THE GLT.
RAISED FUNDS FOR A NEW CONSERVATION EASEMENT IN GREENSBORO BEND
CONTINUED SIGNAGE IMPROVEMENTS ON BARR HILL NATURE CONSERVANCY AREA
IN PARTNERSHIP WITH THE GREENSBORO HISTORICAL SOCIETY, DEVELOPED PUBLIC EXHIBIT FEATURING CONSERVATION EASEMENTS AND THEIR ROLE IN PRESERVING NATURAL RESOURCES OF GREENSBORO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Palma Bickford Treasurer | OfficerTrustee | 1 | $0 |
Clive Gray Vice Chair | OfficerTrustee | 1 | $0 |
Nathaniel Smith Secretary | OfficerTrustee | 1 | $0 |
John Cannon Chair | OfficerTrustee | 1 | $0 |
Michael Metcalf Trustee | Trustee | 1 | $0 |
Nancy Hill Trustee | 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 | $56,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,525 |
| Total Program Service Revenue | $0 |
| Investment income | $1,006 |
| 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 | $57,531 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,897 |
| Information technology | $1,650 |
| 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 | $150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,397 |
| All other expenses | $0 |
| Total functional expenses | $15,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,695 |
| Savings and temporary cash investments | $125,458 |
| 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 | $0 |
| Investments—publicly traded securities | $197,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $326,534 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $120,000 |
| 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 | $120,000 |
| Net assets without donor restrictions | $136,991 |
| Net assets with donor restrictions | $69,543 |
| 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 | $326,534 |
Grants Awarded
Over the last fiscal year, Greensboro Land Trust Inc has awarded $133,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Greensboro, VT PURPOSE: Conserve natural forestry and walking trails | $29,500 |
Greensboro, VT PURPOSE: Conserve natural forestry and walking trails | $29,500 |
Greensboro, VT PURPOSE: Conserve natural forestry and walking trails | $29,500 |
WILSON FARM PURPOSE: Conservation of actively farmed acreage for continued farm use | $15,000 |
WILSON FARM PURPOSE: Conservation of actively farmed acreage for continued farm use | $15,000 |
WILSON FARM PURPOSE: Conservation of actively farmed acreage for continued farm use | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greensboro Land Trust Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
The Stony Point Foundation New York, NY PURPOSE: GENERAL SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $120,000 |
| Ending Balance | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |
Columbia Land Conservancy Inc Chatham, NY | $23,284,051 | $2,528,092 |
New York Agricultural Land Trustinc Elbridge, NY | $698,966 | $2,745,759 |
Westchester Land Trust Inc Bedford Hills, NY | $25,402,235 | $3,018,345 |
American Freinds Of Canadian Nature Inc Buffalo, NY | $2,481,622 | $3,362,355 |
Western New York Land Conservancy Inc East Aurora, NY | $10,971,191 | $3,457,489 |