Compatible Lands Foundation Inc
- Assets
- $3.5m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Claremore, OK
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-1693939
Organization Overview
Compatible Lands Foundation Inc is located in Claremore, OK. The organization was established in 2010. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Compatible Lands Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compatible Lands Foundation 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, Compatible Lands Foundation Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $7.2m during the year ending 12/2022. While expenses have increased by 16.5% 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
TO PROMOTE THE CONSERVATION, RESTORATION, AND PRESERVATION OF LAND AND NATURAL RESOURCES AND FOSTER COMPATIBLE LAND USES AMONG BOTH PUBLIC AND PRIVATE LANDOWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUISITION OF EASEMENTS AND LAND PARCELS AROUND MILITARY INSTALLATIONS AND OTHER PROPERTIES WITH SIGNIFICANT NATURAL RESOURCES AND CONSERVATION VALUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Knott Executive Di | Officer | 40 | $186,882 |
Tim Beaty Director | Trustee | 1 | $0 |
Scott Belfit Director | Trustee | 1 | $0 |
David Crago Treasurer | OfficerTrustee | 2 | $0 |
Jeff Crosby Vice Chair | OfficerTrustee | 2 | $0 |
Scott Farley Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,869,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,869,819 |
| Total Program Service Revenue | $116,448 |
| Investment income | $7,712 |
| 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 | $8,993,979 |
| 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. | $186,882 |
| Compensation of current officers, directors, key employees. | $74,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $439,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,185 |
| Payroll taxes | $45,288 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,837 |
| Fees for services: Accounting | $42,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $249,090 |
| Advertising and promotion | $0 |
| Office expenses | $34,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,049 |
| Travel | $76,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,945 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,837 |
| All other expenses | $5,246 |
| Total functional expenses | $7,222,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,839 |
| Savings and temporary cash investments | $188,070 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,213,924 |
| 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 | $683,595 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,471,428 |
| Accounts payable and accrued expenses | $1,278,992 |
| 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 | $701,330 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $871,732 |
| Total liabilities | $2,852,054 |
| Net assets without donor restrictions | -$1,049,907 |
| Net assets with donor restrictions | $1,669,281 |
| 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 | $3,471,428 |