Texas Agricultural Land Trust
- Assets
- $3.7m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 13
- Location
- San Antonio, TX
- Founding
- 12/2007
- Data as of
- 03/2024
- EIN
- 26-0161807
Organization Overview
Texas Agricultural Land Trust is located in San Antonio, TX. The organization was established in 2007. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 03/2024, Texas Agricultural Land Trust employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Agricultural Land Trust 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 03/2024, Texas Agricultural Land Trust generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $11.9m during the year ending 03/2024. While expenses have increased by 35.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSERVE THE TEXAS HERITAGE OF AGRICULTURAL LANDS, NATURAL RESOURCES, AND WILDLIFE HABITATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION EASEMENTS TO PROTECT WORKING LANDS: TALT PARTNERS WITH LANDOWNERS WHO SEEK DONATED CONSERVATION EASEMENTS, PURCHASE OF DEVELOPMENT RIGHTS, AND MITIGATION BANKS. TALT STAFF PROVIDES PROFESSIONAL, EFFICIENT, RESPONSIVE AND EXPERIENCED SERVICE FOR THE NEGOTIATIONS OF CONSERVATION EASEMENTS. TALT WILL THEN MONITOR AND STEWARD THESE EASEMENTS ON AN ANNUAL BASIS. TALT'S PROCESSES HAVE BEEN DEVELOPED TO INCORPORATE BEST MANAGEMENT PRACTICES FROM THE LAND TRUST ALLIANCE (LTA) AND FROM MEMBERS OF THE PARTNERSHIP OF RANGELAND TRUSTS (PORT). TALT EARNED AN ACCREDIATION SEAL IN 2019 FROM THE LAND TRUST ACCREDITATION COMMISSION. THIS IS AWARDED TO LAND TRUSTS MEETING THE HIGHEST NATIONAL STANDARDS FOR EXCELLENCE AND CONSERVATION PERMANENCE. (SEE SCHEDULE O FOR CONTINUATION)
TALT'S OUTREACH EFFORTS FOCUS ON TWO KEY AREAS: EDUCATING LANDOWNERS AND THEIR ADVISORS ON THE EFFECTIVE USE OF CONSERVATION EASEMENTS FOR LAND PROTECTION, CONSERVATION, AND INTERGENERATIONAL TRANSFER, AND INFORMING THE PUBLIC ABOUT THE BENEFITS OF PRIVATE WORKING LANDS. THROUGHOUT FISCAL YEAR 2024, TALT ORGANIZED AND PARTICIPATED IN NUMEROUS WORKSHOPS AND EVENTS ACROSS THE STATE. THESE INCLUDED THE BEYOND THE FENCE LINE PODCAST: "TOOLS IN THE TOOLBOX" (JULY 2023) AND "ECOSYSTEM SERVICES MARKETS - WHO'S WHO?" (SEPTEMBER 2023); THE TEXAS A&M AGRILIFE LAND CONSERVATION WORKSHOP IN BOERNE, TX (OCTOBER 2023); A LANDOWNER WORKSHOP ON CONSERVATION EASEMENTS IN UVALDE, TX (NOVEMBER 2023);(SEE SCHEDULE O FOR CONTINUATION)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Marshall Chair | OfficerTrustee | 4 | $0 |
Watt R Matthews Vice Chair | OfficerTrustee | 4 | $0 |
Roel R Lopez Secretary | OfficerTrustee | 4 | $0 |
Michael Conaway Treasurer | OfficerTrustee | 4 | $0 |
David Alders Board Member | Trustee | 2 | $0 |
Perry R Bass II Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $53,531 |
| Government grants | $356,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,013,121 |
| Noncash contributions included in lines 1a–1f | $10,284,066 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,423,268 |
| Total Program Service Revenue | $563,285 |
| Investment income | $107,426 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25,937 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,068,042 |
| 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. | $180,732 |
| Compensation of current officers, directors, key employees. | $18,073 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $772,268 |
| Pension plan accruals and contributions | $20,868 |
| Other employee benefits | $22,488 |
| Payroll taxes | $61,703 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,263 |
| Fees for services: Accounting | $53,712 |
| Fees for services: Lobbying | $103,135 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,460 |
| Fees for services: Other | $41,649 |
| Advertising and promotion | $5,760 |
| Office expenses | $85,355 |
| Information technology | $31,542 |
| Royalties | $0 |
| Occupancy | $52,683 |
| Travel | $83,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,903 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,344 |
| Insurance | $18,468 |
| All other expenses | $0 |
| Total functional expenses | $11,894,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,773 |
| Savings and temporary cash investments | $56,437 |
| Pledges and grants receivable | $704,361 |
| Accounts receivable, net | $119,516 |
| 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 | $13,492 |
| Net Land, buildings, and equipment | $9,849 |
| Investments—publicly traded securities | $2,689,489 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,312 |
| Total assets | $3,678,229 |
| Accounts payable and accrued expenses | $109,341 |
| 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 | $42,312 |
| Total liabilities | $151,653 |
| Net assets without donor restrictions | $1,946,039 |
| Net assets with donor restrictions | $1,580,537 |
| 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 | $3,678,229 |