Northern Virginia Conservation Trust
- Assets
- $2.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Annandale, VA
- Founding
- 02/1995
- Data as of
- 06/2022
- EIN
- 54-1724626
Organization Overview
Northern Virginia Conservation Trust is located in Annandale, VA. The organization was established in 1995. 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 06/2022, Northern Virginia Conservation Trust employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Virginia Conservation 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 06/2022, Northern Virginia Conservation Trust generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 6.3% per year over the past 7 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
NVCT CONSERVES LAND THAT HAS NATURAL, HISTORICAL, AND CULTURAL VALUE TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION & STEWARDSHIP OF CONSERVED LAND IN PERPETUITY - CONSERVING LAND THAT HAS CONSERVATION VALUE IS THE PRIMARY MISSION OF NVCT. PROGRAM REVENUE COVERS PERSONNEL COSTS OF STAFF THAT MEET WITH LANDOWNERS, NEGOTIATE THE TERMS AND CONDITIONS OF THE GIFT OF LAND OR THE DEED OF CONSERVATION EASEMENT, AND SHEPHERD THE PROCESS FROM INITIAL CONTACT TO THE RECORDATION OF THE DEED. ASSOCIATED REVENUE ALSO COVERS THE COST OF PROFESSIONAL FEES ASSOCIATED WITH EACH TRANSACTION SUCH AS LAWYER, APPRAISAL, AND ENVIRONMENTAL ASSESSMENT EXPENSE.DEEDS OF CONSERVATION EASEMENT COMMIT THE HOLDER (NVCT) TO PERPETUAL MONITORING AND DEFENSE OF THE EASEMENT'S SPECIFICATIONS AND CONSERVATION VALUES. CONTINUED IN SCHEDULE O
PUBLIC OUTREACH AND EDUCATION ABOUT BENEFITS OF LAND CONSERVATION - OUTREACH IS DESIGNED TO EDUCATE THE PUBLIC ABOUT THE BENEFITS OF LAND CONSERVATION AND TO ENCOURAGE LANDOWNERS TO CONSIDER DONATING CONSERVATION EASEMENTS OR THEIR LAND ITSELF TO NVCT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Rowsome Executive Director | Officer | 40 | $136,909 |
Ranjit Singh Chair | OfficerTrustee | 4 | $0 |
Meredith Hartley Secretary | OfficerTrustee | 1 | $0 |
Mariel Murray Vice Chair | OfficerTrustee | 1 | $0 |
Andy Mcleod Treasurer | OfficerTrustee | 1 | $0 |
Richard Bliss Board Member At Large (until April 2022) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,565 |
| Related organizations | $0 |
| Government grants | $586,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $630,105 |
| Noncash contributions included in lines 1a–1f | $10,105 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,260,428 |
| Total Program Service Revenue | $0 |
| Investment income | $5,160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,000 |
| Net Income from Fundraising Events | -$2,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,308,098 |
| 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. | $167,375 |
| Compensation of current officers, directors, key employees. | $15,063 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $473,439 |
| Pension plan accruals and contributions | $12,370 |
| Other employee benefits | $45,140 |
| Payroll taxes | $48,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,625 |
| Fees for services: Accounting | $38,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,302 |
| Advertising and promotion | $1,778 |
| Office expenses | $32,151 |
| Information technology | $19,906 |
| Royalties | $0 |
| Occupancy | $13,526 |
| Travel | $5,595 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,792 |
| Interest | $7,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,407 |
| Insurance | $8,315 |
| All other expenses | $0 |
| Total functional expenses | $1,029,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,681 |
| Savings and temporary cash investments | $808,504 |
| Pledges and grants receivable | $77,159 |
| 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 | $11,503 |
| Net Land, buildings, and equipment | $1,362,013 |
| Investments—publicly traded securities | $634,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,900 |
| Total assets | $2,932,035 |
| Accounts payable and accrued expenses | $40,116 |
| 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 | $40,116 |
| Net assets without donor restrictions | $2,807,131 |
| Net assets with donor restrictions | $84,788 |
| 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 | $2,932,035 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Northern Virginia Conservation Trust has recieved totaling $216,360.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $106,774 |
White House Farm Foundation Bristow, VA PURPOSE: TO FURTHER CHARITABLE PURPOSE | $29,000 |
The Community Foundation For Northern Virginia Inc Oakton, VA PURPOSE: LAND RESOURCES CONSERVATION | $20,250 |
Virginia Environmental Endowment Richmond, VA PURPOSE: INCLUSION, DIVERSITY, EQUITY AND ACCESSIBILITY WORK IN ARLINGTON COUNTY | $20,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: CREATING PUBLIC ACCESS AND BEAUTIFYING NVCT NATURE PRESERVES | $16,500 |
Virginia United Land Trusts Richmond, VA PURPOSE: LAND CONSERVATIION INITIATIVES | $10,000 |
Endowment Analysis
| Beg. Balance | $691,685 |
| Earnings | -$66,048 |
| Net Contributions | $124,476 |
| Ending Balance | $750,113 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Land Preservation Trust Inc Cockeysville, MD | $3,484,964 | $2,822,614 |
Triangle Land Conservancy Inc Durham, NC | $152,779,230 | $18,713,081 |