Circuit Trail Conservancy
- Assets
- $6.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Dallas, TX
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-5680271
Organization Overview
Circuit Trail Conservancy is located in Dallas, TX. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circuit Trail 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, Circuit Trail Conservancy generated $5.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 3 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 ACT AS THE PRIVATE PARTNER IN PUBLIC/ PRIVATE PARTNERSHIPS WITH THE CITY OF DALLAS AND RAISE PRIVATE FUNDS FOR THE DALLAS TRAIL NETWORK PLAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOLLOWING UNANIMOUS APPROVAL FROM THE DALLAS CITY COUNCIL IN 2018, CIRCUIT TRAIL CONSERVANCY (THE CTC) AND THE CITY OF DALLAS'S PARTNERSHIP WAS ESTABLISHED TO CREATE A COMPREHENSIVE, ALTERNATIVE TRANSPORTATION SOLUTION FUNDED BY A COMBINATION OF PUBLIC AND GENEROUSLY DONATED PRIVATE DOLLARS KNOWN AS THE LOOP. BY STRATEGICALLY BUILDING NEW TRAILS LINKED TO EXISTING ONES, THE CTC IS LEADING THE FORMATION OF A WALKABLE CIRCUIT IN THE HEART OF URBAN DALLAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Hiatt Haigh Executive Director | Officer | 40 | $130,000 |
Jeff Ellerman Chair | OfficerTrustee | 1 | $0 |
Philip Henderson President | OfficerTrustee | 1 | $0 |
Rick Perdue Treasurer | OfficerTrustee | 1 | $0 |
Larry Dale Director | Trustee | 1 | $0 |
Vana Hammond-Parham Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allyn Media Marketing Services | 12/30/22 | $204,500 |
Halff Associates Inc Trail Design Svcs | 12/30/22 | $408,989 |
Simon Engineering Trail Design Svcs | 12/30/22 | $312,274 |
Bjerke Management Solutions Inc Design/mgmt Svcs | 12/30/22 | $134,773 |
Cambridge Systematics Inc Grant Writing Svcs | 12/30/22 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,459,306 |
| Noncash contributions included in lines 1a–1f | $9,501 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,459,306 |
| Total Program Service Revenue | $0 |
| Investment income | $22,884 |
| 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 | $5,482,190 |
| 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. | $135,200 |
| Compensation of current officers, directors, key employees. | $27,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $84,901 |
| Fees for services: Accounting | $105,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $105,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $900,353 |
| Advertising and promotion | $233,522 |
| Office expenses | $16,160 |
| Information technology | $3,488 |
| Royalties | $0 |
| Occupancy | $13,567 |
| Travel | $9,156 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,247 |
| Insurance | $578 |
| All other expenses | $14,454 |
| Total functional expenses | $1,638,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,132 |
| Savings and temporary cash investments | $6,110,646 |
| Pledges and grants receivable | $147,500 |
| 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 | $2,292 |
| Net Land, buildings, and equipment | $19,754 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,380,324 |
| Accounts payable and accrued expenses | $273,691 |
| 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 | $0 |
| Total liabilities | $273,691 |
| Net assets without donor restrictions | $5,574,133 |
| Net assets with donor restrictions | $532,500 |
| 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 | $6,380,324 |