Land Trust Of Virginia Inc
- Assets
- $7.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Middleburg, VA
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 54-1601471
Organization Overview
Land Trust Of Virginia Inc is located in Middleburg, VA. The organization was established in 1992. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Land Trust Of Virginia Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Trust Of Virginia 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 12/2021, Land Trust Of Virginia Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $749.6k during the year ending 12/2021. While expenses have increased by 15.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LTV PROMOTES THE PRESERVATION, PROTECTION AND USE OF THE NATURAL, SCENIC, AND HISTORIC RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUIRE CONSERVATION LAND EASEMENTS AND EDUCATE THE PUBLIC ABOUT THE VALUE OF PROTECTING NATURAL AND HISTORIC RESOURCES.
MONITOR, DEFEND, AND ENFORCE THE ACQUIRED CONSERVATION LAND EASEMENTS TO ENSURE PROTECTION IN PERPETUITY.
PUBLIC INFORMATION, EDUCATION AND OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally B Price Executive Director | Officer | 40 | $107,962 |
Childs F Burden Chair | OfficerTrustee | 5 | $0 |
Christopher C Dematatis Vice Chair | OfficerTrustee | 15 | $0 |
Steffanie Burgevin Secretary | OfficerTrustee | 2 | $0 |
James Behan Treasurer | OfficerTrustee | 2 | $0 |
John Bryant Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,593 |
| Related organizations | $0 |
| Government grants | $240,443 |
| All other contributions, gifts, grants, and similar amounts not included above | $412,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $729,439 |
| Total Program Service Revenue | $220,500 |
| Investment income | $121,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$254,341 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,076,604 |
| 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. | $107,962 |
| Compensation of current officers, directors, key employees. | $22,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $335,005 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,340 |
| Payroll taxes | $34,144 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,736 |
| Fees for services: Accounting | $22,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,095 |
| Advertising and promotion | $0 |
| Office expenses | $5,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,557 |
| Travel | $13,321 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,138 |
| Insurance | $5,394 |
| All other expenses | $19,097 |
| Total functional expenses | $749,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $691,297 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,250 |
| 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 | $6,587 |
| Net Land, buildings, and equipment | $9,955 |
| Investments—publicly traded securities | $4,372,365 |
| Investments—other securities | $0 |
| Investments—program-related | $2,100,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,379,454 |
| Accounts payable and accrued expenses | $35,089 |
| Grants payable | $0 |
| Deferred revenue | $21,030 |
| 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 | $16,915 |
| Total liabilities | $73,034 |
| Net assets without donor restrictions | $7,138,838 |
| Net assets with donor restrictions | $167,582 |
| 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 | $7,379,454 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Land Trust Of Virginia Inc has recieved totaling $80,768.
| Awarding Organization | Amount |
|---|---|
Virginia Environmental Endowment Richmond, VA PURPOSE: CONSERVATION EASEMENTS ALONG THE RIDGELINE OF THE BLUE RIDGE MOUNTAINS | $20,000 |
Louise B Cochrane Charitable Foundation Henrico, VA PURPOSE: GENERAL FUND | $10,000 |
Land Trust Alliance Incorporated Washington, DC PURPOSE: CAPACITY-BUILDING | $10,000 |
Baldwin Center For Preservation Development North Garden, VA PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
Wise Foundation Marshall, VA PURPOSE: HISTORIC PRESERVATION - GENERAL OPERATING FUND | $10,000 |
Virginia United Land Trusts Richmond, VA PURPOSE: LAND CONSERVATIION INITIATIVES | $9,000 |
Endowment Analysis
| Beg. Balance | $50,508 |
| Net Contributions | $278,582 |
| Ending Balance | $329,090 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Land Institute Washington, DC | $92,103,819 | $79,416,255 |
Wilderness Society Washington, DC | $92,421,140 | $42,014,694 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Southern Appalachian Highlands Conservancy Asheville, NC | $74,900,022 | $12,655,425 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Mainspring Conservation Trust Inc Franklin, NC | $16,628,331 | $8,106,773 |
Conserving Carolina Hendersonville, NC | $28,294,759 | $6,454,871 |
Blue Ridge Conservancy Boone, NC | $19,039,159 | $5,980,472 |
North Carolina Coastal Land Trust Wilmington, NC | $57,014,249 | $7,074,843 |
Three Rivers Land Trust Inc Salisbury, NC | $28,118,166 | $3,204,068 |
Land Trust For Tennessee Inc Nashville, TN | $24,045,092 | $4,129,324 |