Mitigation Futures Conservancy
- Assets
- $497.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-3283253
Organization Overview
Mitigation Futures Conservancy is located in Mckinney, TX. The organization was established in 2014. 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. Mitigation Futures Conservancy 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, Mitigation Futures Conservancy generated $38.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $555.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE MITIGATION OF ASSIGNED CONSERVATION EASEMENTS FOR PROTECTION OF WILDLIFE, VEGETATION, WATERWAYS AND OTHER ESSENTIAL OR REQUIRED MAINTENANCE AND PRESERVATION SPECIFICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rae Lynn Schneider Reinecke President/chairman | 5 | $0 | |
Rudolph Reinecke Secretary/director | 3 | $0 | |
Rose-Marie Schneider Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,553 |
| Membership dues | $0 |
| Investment income | $2,303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $555 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $555 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $497,151 |
| Other assets | $0 |
| Total assets | $497,151 |
| Total liabilities | $4,248 |
| Net assets or fund balances | $492,903 |