Capital Trees
- Assets
- $891.7k
- Revenue
- $922.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Richmond, VA
- Founding
- 09/2015
- Data as of
- 06/2024
- EIN
- 47-2998043
Organization Overview
Capital Trees is located in Richmond, VA. The organization was established in 2015. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 06/2024, Capital Trees employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Trees 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 06/2024, Capital Trees generated $922.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $394.1k during the year ending 06/2024. 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
CAPITAL TREES' MISSION IS TO CREATE A GREENER, MORE BEAUTIFUL RICHMOND, VIRGINIA THROUGH THE THOUGHTFUL PLANNING AND PLANTING OF TREES AND PUBLIC GARDENS, MINDFUL OF THE CITY'S EXTRAORDINARY HERITAGE AND LOCATION ON THE BANKS OF THE JAMES RIVER. WE PROMOTE FOR A POWERFUL CONNECTION BETWEEN PEOPLE AND NATURE. WE IDENTIFY PUBLIC FUNDS, LEVERAGE THOSE WITH PRIVATE SUPPORT, BOTH HUMAN AND CAPITAL, TO CREATE AND MAINTATIN BETTER PLACES FOR ALL. IDENTIFYING PUBLIC PROPERTY OF OUTSTANDING INTEREST AND PROFOUND NEGLECT (HISTORICAL, ENVIRONMENTAL, AESTHETIC) AND FUND THE DESIGN AND IMPLEMENTATION OF EXEMPLARY PROJECTS, TRANSFORMING RICHMOND INTO A HEALTHIER, MORE LIVABLE CITY, MINDFUL OF ITS PAST AND HOPEFUL FOR ITS FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL TREES EFFORTS HAVE BEEN FOCUSED ON CONTINUING ITS PLANTING AND MAINTENANCE OF THE LINEAR PARK ALONG A CRITICALLY IMPORTANT BUT NEGLECTED STRETCH OF THE KANAWHA CANAL AND VIRGINIA CAPITAL TRAIL. THE "LOW LINE" CONNECTS A RECENTLY ENHANCED GREAT SHIPLOCK PARK (GSP) WITH RICHMOND'S MUCH-LOVED CANAL WALK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Fitchett Robertson Co-Chairman | OfficerTrustee | 1 | $0 |
Diane Linderman Co-Chairman | OfficerTrustee | 1 | $0 |
Vivek Murthy Vice Chairma | OfficerTrustee | 1 | $0 |
Jack Cooper Secretary | OfficerTrustee | 1 | $0 |
Brian K Kinnear Treasurer | OfficerTrustee | 1 | $0 |
Kevin Finto Immediate Pa | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $106,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $747,139 |
| Noncash contributions included in lines 1a–1f | $19,113 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $854,064 |
| Total Program Service Revenue | $55,750 |
| Investment income | $12,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$413 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $922,201 |
| 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. | $76,823 |
| Compensation of current officers, directors, key employees. | $15,364 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,677 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,139 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,474 |
| Office expenses | $13,711 |
| Information technology | $7,553 |
| Royalties | $0 |
| Occupancy | $3,720 |
| Travel | $11,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,333 |
| All other expenses | $7,738 |
| Total functional expenses | $394,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $70,150 |
| 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 | $12,469 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,789 |
| Total assets | $891,688 |
| Accounts payable and accrued expenses | $0 |
| 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 | $14,163 |
| Total liabilities | $14,163 |
| Net assets without donor restrictions | $877,525 |
| 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 | $891,688 |