Nc Foundation For Soil And Water Conservation Inc
- Assets
- $2.1m
- Revenue
- $456.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Raleigh, NC
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 56-2158494
Organization Overview
Nc Foundation For Soil And Water Conservation Inc is located in Raleigh, NC. The organization was established in 2000. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 12/2021, NC Foundation For Soil And Water Conservation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC Foundation For Soil And Water Conservation 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, NC Foundation For Soil And Water Conservation Inc generated $456.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $369.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, NC Foundation For Soil And Water Conservation Inc has awarded 19 individual grants totaling $498,559. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE MISSION AND PURPOSE OF NORTH CAROLINA'S 96 LOCAL SOIL AND WATER CONSERVATION DISTRICTS AND THEIR STATEWIDE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING THE ENVIRONMENT: THE INITIATIVE IS DESIGNED TO IMPLEMENT SOIL AND WATER CONSERVATION PRACTICES TO PROTECT OR ENHANCE NATURAL RESOURCES. DURING THE YEAR, 17 GRANTS WERE IMPLEMENTED TO HELP PRESERVE ECOSYSTEM SERVICES ON WORKING LANDS THROUGH TERM CONSERVATION AGREEMENTS IN MILITARY PRIORITY AREAS AND AN INNOVATIVE ANIMAL WASTE MANAGEMENT SYSTEM WAS PILOTED.
EDUCATING THE CITIZENS: THE INITIATIVE IS DESIGNED TO PROVIDE EDUCATIONAL RESOURCES AND OPPORTUNITIES ON CONSERVATION ISSUES TO ALL CITIZENS OF THE STATE. DURING THE YEAR, 18 CAREERS IN CONSERVATION SCHOLARSHIPS WERE OFFERED TO STUDENTS ENROLLED IN NATURAL RESOURCE MANAGEMENT, AGRICULTURE, FORESTRY, OR A RELATED FIELD OF STUDY.
BUILDING CONSERVATION CAPACITY: THE INITIATIVE IS DESIGNED TO SUPPORT CONSERVATION AT THE STATE LEVEL THROUGH PILOT STUDIES OR AT THE LOCAL LEVEL THROUGH AN INFLUX OF RESOURCES. DURING THE YEAR, AGRICULTURE RESILIENCE PILOTS WERE CREATED TO TEST HOW CONSERVATION PRACTICES CAN BE USED AS A FLOOD MITIGATION TOOL IN 3 COUNTIES. ADDITIONALLY, 7 PILOTS WERE CREATED TO INVESTIGATE HOW SOIL HEALTH MANAGEMENT SYSTEMS INCREASE CARBON SEQUESTRATION AS MEASURED BY THE USDA COMET-FARM TOOL. IN 2021, OVER 40 ACRES OF MULTI-SPECIES COVER CROP DEMONSTRATIONS WERE PLANTED IN 4 COUNTIES; 3 SCHOOLS RECEIVED OUTDOOR ENVIRONMENTAL LEARNING CENTERS, INCLUDING FOOD GARDENS, RAIN GARDENS, AND POLLINATOR GARDENS, IMPACTING 429 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Egdorf-Sand Executive Director | Officer | 40 | $48,928 |
Michelle Lovejoy Executive Director | Officer | 40 | $35,898 |
Jimmy Gentry President & Chair | OfficerTrustee | 1.37 | $0 |
Don Butler Vice Chair | OfficerTrustee | 0.4 | $0 |
Jay Darden Secretary | OfficerTrustee | 0.25 | $0 |
David Corum Treasurer | OfficerTrustee | 0.63 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $213,695 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,168 |
| Total Program Service Revenue | $0 |
| Investment income | $55,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,032 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $456,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,043 |
| Grants and other assistance to domestic individuals. | $52,299 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,630 |
| Compensation of current officers, directors, key employees. | $24,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,173 |
| Fees for services: Other | $17,496 |
| Advertising and promotion | $0 |
| Office expenses | $11,130 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,614 |
| Travel | $1,394 |
| 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 | $1,651 |
| All other expenses | $0 |
| Total functional expenses | $369,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,431 |
| Savings and temporary cash investments | $61,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,894 |
| 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 | $1,683 |
| Net Land, buildings, and equipment | $198 |
| Investments—publicly traded securities | $1,185,951 |
| Investments—other securities | $0 |
| Investments—program-related | $777,211 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,138,072 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $34,171 |
| 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 | $34,171 |
| Net assets without donor restrictions | $942,611 |
| Net assets with donor restrictions | $1,161,290 |
| 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 | $2,138,072 |
Grants Awarded
Over the last fiscal year, Nc Foundation For Soil And Water Conservation Inc has awarded $97,387 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA STATE UNIVERSITY PURPOSE: BUILDING CONSERVATION CAPACITY, EDUCATING THE CITIZENS | $33,241 |
Petaluma, CA PURPOSE: BUILDING CONSERVATION CAPACITY | $27,650 |
Aulander, NC PURPOSE: BUILDING CONSERVATION CAPACITY | $19,227 |
PHINITE INC PURPOSE: IMPROVING THE ENVIRONMENT | $12,000 |
COUNTY OF WAYNE PURPOSE: BUILDING CONSERVATION CAPACITY | $5,269 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nc Foundation For Soil And Water Conservation Inc has recieved totaling $303.
| Awarding Organization | Amount |
|---|---|
American Education And Advanced Studies Foundation Raleigh, NC PURPOSE: GENERAL SUPPORT | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $103 |
Endowment Analysis
| Beg. Balance | $688,437 |
| Earnings | $84,283 |
| Net Contributions | $70,000 |
| Ending Balance | $842,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Natureserve Arlington, VA | $9,695,088 | $7,142,183 |
Association Of Energy Engineers Inc Atlanta, GA | $13,488,495 | $8,551,361 |
National Pest Management Association Inc Fairfax, VA | $9,524,816 | $5,920,435 |
National Waste & Recycling Association Arlington, VA | $26,349,385 | $7,371,795 |
Great Smoky Mountains Association Gatlinburg, TN | $10,410,506 | $8,681,942 |
Watereuse Association Alexandria, VA | $4,097,772 | $2,724,600 |
Georgia Association Of Water Professionals Inc Marietta, GA | $5,254,458 | $1,654,787 |
American Society For Horticultural Science Alexandria, VA | $2,851,810 | $1,637,965 |
Association Of State Drinking Water Administrators Arlington, VA | $3,976,354 | $1,464,766 |
Center For Civic Innovation Inc Atlanta, GA | $1,558,268 | $855,270 |
Holly Forest Association Sapphire, NC | $1,123,202 | $815,124 |
Peanut And Tree Nut Processors Association Alexandria, VA | $2,146,471 | $837,928 |