Sustainable Forest Futures Inc
- Assets
- $7.1m
- Revenue
- $493.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NH
- Founding
- 08/2006
- Data as of
- 04/2022
- 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 04/2022, Sustainable Forest Futures Inc generated $493.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 63.9% each year . All expenses for the organization totaled $209.3k during the year ending 04/2022. While expenses have increased by 27.7% 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
SUSTAINABLE FOREST FUTURES CATALYZES ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES OF THE NORTHERN FOREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY22, SUSTAINABLE FOREST FUTURES SUPPORTED COMMUNITY REVITALIZATION BY: CONTINUING REDEVELOPMENT OF THE HISTORIC PARKER J. NOYES BUILDING IN LANCASTER, NH, TO PROVIDE RETAIL SPACE FOR A LOCAL NONPROFIT AND FOOD MARKETPLACE AND 6 QUALITY APARTMENTS. CONTINUING IMPROVEMENTS TO THE SIX PROPERTIES IN THE MILLINOCKET HOUSING INITIATIVE TO PROVIDE QUALITY MIDDLE-MARKET HOUSING IN 11 RENTAL UNITS IN DOWNTOWN MILLINOCKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Ross Secretary | OfficerTrustee | 0.5 | $0 |
Jim Tibbetts Treasurer | OfficerTrustee | 0.5 | $0 |
Robert Riley Chair | Officer | 1 | $0 |
Celina Adams Director | Trustee | 0.5 | $0 |
Keith Ross Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,173 |
| All other contributions, gifts, grants, and similar amounts not included above | $291,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,433 |
| Total Program Service Revenue | $96,755 |
| Investment income | $25,154 |
| 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 | $493,342 |
| 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 | $11,399 |
| 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 | $70,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,234 |
| Insurance | $19,002 |
| All other expenses | $6,383 |
| Total functional expenses | $209,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,731 |
| Savings and temporary cash investments | $3,296,771 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,996 |
| 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 | $989,927 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,000 |
| Total assets | $7,096,780 |
| Accounts payable and accrued expenses | $3,656 |
| Grants payable | $0 |
| Deferred revenue | $450 |
| 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 | $6,161,183 |
| Other liabilities | $40,176 |
| Total liabilities | $6,205,465 |
| Net assets without donor restrictions | $891,315 |
| Net assets with donor restrictions | $0 |
| 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 | $7,096,780 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sustainable Forest Futures Inc has recieved totaling $187,793.
| Awarding Organization | Amount |
|---|---|
Emily Landecker Foundation Hanover, NH PURPOSE: TAX EXEMPT PURPOSE | $100,000 |
New Hampshire Preservation Alliance Concord, NH PURPOSE: BLDGE PRESERVATION | $87,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |
Tidewater Conservation Foundation Portland, ME | $0 | $1,700 |
Natural Resources Council Inc Augusta, ME | $17,815,434 | $6,085,741 |
Guanacaste Dry Forest Conservation Fund Huntington, VT | $19,091,340 | $3,460,477 |
Northeast Wilderness Trust Montpelier, VT | $32,931,884 | $12,311,502 |
Schoodic Institute At Acadia National Park Winter Harbor, ME | $5,755,184 | $2,708,805 |
Audubon Society Of New Hampshire Concord, NH | $20,426,605 | $3,024,550 |
Sheriffs Meadow Foundation Vineyard Haven, MA | $93,586,445 | $3,402,421 |
Greenroots Inc Chelsea, MA | $3,100,624 | $2,261,048 |