Klamath Lake Land Trust
- Assets
- $916.1k
- Revenue
- $119.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Klamath Falls, OR
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-2927649
Organization Overview
Klamath Lake Land Trust is located in Klamath Falls, OR. 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 12/2021, Klamath Lake Land Trust employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klamath Lake 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 12/2021, Klamath Lake Land Trust generated $119.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $91.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KLAMATH LAKE LAND TRUST IS DEDICATED TO CONSERVING AND ENHANCING THE NATURAL LEGACY, WORKING LANDS AND RECREATIONAL OPPORTUNITIES IN THE WATERSHED OF UPPER KLAMATH LAKE FOR FUTURE GENERATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAND TRUST WAS SIGNIFICANTLY HAMPERED BY COVID-19. HOWEVER, DURING THE YEAR SEVERAL POLICIES WERE UPDATED, DIGITAL FILES WERE ORGANIZED, A BUSINESS PLAN WAS COMPLETED AND A SEARCH FOR AN EXECUTIVE DIRECTOR WAS COORDINATED AND EXECUTED, AND INTERVIEWS HELD. SEVERAL GRANTS WERE APPLIED FOR AND TWO ONLINE AUCTIONS WERE HELD. MONITORING OF OUR PROPERTY INTERESTS OCCURRED AND ADMINISTRATION OF THE ORGANIZATION WAS ACHIEVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Mcmahon Past Ex Director | Trustee | 8 | $8,360 |
Olivia Stoken Vice Presidentsecretary | Officer | 3 | $0 |
Megan Skinner President | Officer | 6 | $0 |
Normajean Cummings Treasurer | Officer | 2 | $0 |
Anne Wenner Member At Large | Trustee | 2 | $0 |
Danielle Hereford Member At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,147 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,520 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,667 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| 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 | $119,686 |
| 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. | $8,361 |
| Compensation of current officers, directors, key employees. | $2,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,261 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $255 |
| Payroll taxes | $3,483 |
| Fees for services: Management | $750 |
| Fees for services: Legal | $838 |
| Fees for services: Accounting | $4,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,034 |
| Advertising and promotion | $9,852 |
| Office expenses | $5,798 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,360 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $309 |
| Interest | $8,211 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,586 |
| All other expenses | $0 |
| Total functional expenses | $91,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,944 |
| Savings and temporary cash investments | $21,600 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $6,906 |
| Net Land, buildings, and equipment | $741,642 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $916,092 |
| Accounts payable and accrued expenses | $1,327 |
| 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 | $397,745 |
| Other liabilities | $0 |
| Total liabilities | $399,072 |
| Net assets without donor restrictions | $517,020 |
| 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 | $916,092 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Klamath Lake Land Trust has recieved totaling $25,537.
| Awarding Organization | Amount |
|---|---|
Roundhouse Foundation Irrv Charitable Tr Sisters, OR PURPOSE: INCREASE STAFFING CAPACITY | $20,000 |
Autzen Foundation Portland, OR PURPOSE: KLLT GENERAL OPERATING EXPENSES | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Island Conservation Santa Cruz, CA | $9,877,224 | $8,035,021 |
Pachamama Alliance San Francisco, CA | $3,900,327 | $8,257,728 |
Green Education Foundation San Jose, CA | $4,255,688 | $9,135,673 |
Lake Las Vegas Master Association Henderson, NV | $4,504,755 | $6,722,310 |
Clientearth Usa Inc Calabasas, CA | $7,838,710 | $8,181,021 |
Citizens Climate Education Corp Coronado, CA | $6,007,250 | $6,465,563 |
Strategic Energy Innovations San Rafael, CA | $5,993,384 | $6,356,060 |
California Native Plant Society Sacramento, CA | $13,959,792 | $6,631,755 |
Irvine Ranch Conservancy Irvine, CA | $5,172,136 | $6,197,394 |
Greater Hart-Sheldon Conservation Fund Bend, OR | $86,750 | $130 |
The Natomas Basin Conservancy A Ca Non-Profit Public Benefit Corp Sacramento, CA | $115,320,606 | $29,049,059 |
Marine Stewardship Council Limited Tukwila, WA | $407,315 | $4,510,365 |