Sustainable Forest Futures Inc
- Assets
- $13.8m
- Revenue
- $693.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NH
- Founding
- 08/2006
- Data as of
- 04/2023
- EIN
- 25-1923175
Organization Overview
Sustainable Forest Futures Inc is located in Concord, NH. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Forest Futures 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 04/2023, Sustainable Forest Futures Inc generated $693.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.4% each year . All expenses for the organization totaled $845.5k during the year ending 04/2023. 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
SUSTAINABLE FOREST FUTURES CATALYZES ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES OF THE NORTHERN FOREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY23, SUSTAINABLE FOREST FUTURES SUPPORTED COMMUNITY REVITALIZATION BY: INVESTED $3.1 MILLION TO BUY OR RENOVATE PROPERTIES FOR QUALITY YEAR-ROUND HOUSING OR MIXED USE IN MILLINOCKET, AND BETHEL, ME; LANCASTER, NH; ST. JOHNSBURY, VT; AND ELIZABETHTOWN AND TUPPER LAKE, NY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Ross Treasurer | OfficerTrustee | 0.5 | $0 |
Celina Adams Secretary | OfficerTrustee | 0.5 | $0 |
Tabitha Bowling Director | Trustee | 0.5 | $0 |
Jerry Delaney Sr Director | Trustee | 0.5 | $0 |
Robert Riley Chair | Officer | 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 | $437,121 |
| Noncash contributions included in lines 1a–1f | $307,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,121 |
| Total Program Service Revenue | $212,408 |
| Investment income | $43,768 |
| 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 | $693,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $459,000 |
| 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 | $11,996 |
| 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 | $0 |
| 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 | $146,581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,734 |
| Insurance | $10,693 |
| All other expenses | $18,450 |
| Total functional expenses | $845,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,628 |
| Savings and temporary cash investments | $4,523,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,316,355 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,657,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,884,998 |
| Total assets | $13,753,423 |
| Accounts payable and accrued expenses | $62,674 |
| Grants payable | $0 |
| Deferred revenue | $4,600 |
| 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 | $12,207,373 |
| Other liabilities | $739,650 |
| Total liabilities | $13,014,297 |
| Net assets without donor restrictions | $447,760 |
| Net assets with donor restrictions | $291,366 |
| 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 | $13,753,423 |