Teatown Lake Reservation Inc
- Assets
- $24.9m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 72
- Location
- Ossining, NY
- Founding
- 03/1972
- Data as of
- 06/2022
- EIN
- 23-7154985
Organization Overview
Teatown Lake Reservation Inc is located in Ossining, NY. The organization was established in 1972. As of 06/2022, Teatown Lake Reservation Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teatown Lake Reservation 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 06/2022, Teatown Lake Reservation Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 4.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE COMMUNITY TO LIFELONG ENVIRONMENTAL STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL EDUCATION - CONNECTS PEOPLE TO THE NATURAL WORLD, ENCOURAGING RESPONSIBLE INTERACTIONS, RAISING AWARENESS OF OUR IMPACT ON THE ENVIRONMENT AND ACTIONS WE CAN TAKE TO BECOME ENVIRONMENTAL STEWARDS.
STEWARDSHIP AT TEATOWN - OUR STEWARDSHIP PROGRAM MONITORS THE PRESERVE'S HABITATS AND WILDLIFE USING THE BEST AVAILABLE SCIENCE AND IMPLEMENTS ADAPTIVE MANAGEMENT APPROACHES TO SUSTAIN THOSE HABITATS AND WILDLIFE FOR FUTURE GENERATIONS.
REGIONAL CONSERVATION - PROVIDING ADVICE AND ASSISTANCE TO LOCAL COMMUNITIES IN SOLVING THEIR ENVIROMENTAL ISSUES. ACT AS A LEADER IN OPEN SPACE PROTECTIONS AND ESTABLISH NEW HIKING TRAILS AND BIOTIC CORRIDORS FOR WILDLIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Carter Executive Director | Officer | 35 | $164,172 |
Howard Permut Chairman | OfficerTrustee | 5 | $0 |
Rachel Seebacher Vice Chair | OfficerTrustee | 4 | $0 |
Marcia C Saunders Secretary | OfficerTrustee | 2 | $0 |
William Pitts Treasurer | OfficerTrustee | 2 | $0 |
Greg Adams Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $95,225 |
| Fundraising events | $202,641 |
| Related organizations | $0 |
| Government grants | $321,996 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,947,337 |
| Noncash contributions included in lines 1a–1f | $578,667 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,567,199 |
| Total Program Service Revenue | $450,504 |
| Investment income | $62,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $180,194 |
| Net Gain/Loss on Asset Sales | $297,278 |
| Net Income from Fundraising Events | $36,341 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $52,763 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,646,781 |
| 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. | $173,994 |
| Compensation of current officers, directors, key employees. | $19,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,263,176 |
| Pension plan accruals and contributions | $23,138 |
| Other employee benefits | $94,856 |
| Payroll taxes | $102,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,841 |
| Fees for services: Accounting | $25,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $213,244 |
| Fees for services: Investment Management | $41,878 |
| Fees for services: Other | $137,169 |
| Advertising and promotion | $0 |
| Office expenses | $117,491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,881 |
| Travel | $26,433 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,894 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $381,536 |
| Insurance | $109,383 |
| All other expenses | $23,535 |
| Total functional expenses | $2,991,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,954 |
| Savings and temporary cash investments | $7,551,581 |
| Pledges and grants receivable | $2,295,613 |
| 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 | $11,882 |
| Prepaid expenses and deferred charges | $49,952 |
| Net Land, buildings, and equipment | $11,574,904 |
| Investments—publicly traded securities | $3,195,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,855,634 |
| Accounts payable and accrued expenses | $109,957 |
| Grants payable | $0 |
| Deferred revenue | $396,051 |
| 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 | $63,116 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $158,281 |
| Total liabilities | $727,405 |
| Net assets without donor restrictions | $12,864,026 |
| Net assets with donor restrictions | $11,264,203 |
| 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 | $24,855,634 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teatown Lake Reservation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Agb Fund Inc Tarrytown, NY PURPOSE: UNUNRESTRICTED GIFT | $25,000 |
Endowment Analysis
| Beg. Balance | $9,114,876 |
| Earnings | -$292,889 |
| Net Contributions | $3,500,817 |
| Other Expense | $1,058,601 |
| Ending Balance | $11,264,203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Policy And Education Fund Of New York Inc Albany, NY | $6,122,772 | $7,111,916 |
New Jersey Citizen Action Education Fund Inc Newark, NJ | $2,907,738 | $4,373,884 |
Teatown Lake Reservation Inc Ossining, NY | $24,855,634 | $5,646,781 |
Citizens Union Foundation Inc Of The City Of New York New York, NY | $1,121,003 | $1,096,080 |
Public Access Television Corporation Lake Success, NY | $917,292 | $777,915 |
Massachusetts Public Interest Research Group Education Fund Inc Boston, MA | $1,677,900 | $347,065 |
American Federation Of Government Employees West Haven, CT | $61,997 | $0 |