Balsam Mountain Tr
- Assets
- $1.2m
- Revenue
- $449.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Sylva, NC
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 56-2217688
Organization Overview
Balsam Mountain Tr is located in Sylva, NC. The organization was established in 2002. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Balsam Mountain Tr employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Balsam Mountain Tr 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 12/2023, Balsam Mountain Tr generated $449.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $350.3k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BALSAM MOUNTAIN TRUST IS THE STEWARDSHIP OF THE NATURAL AND CULTURAL RESOURCES ON BALSAM MOUNTAIN PRESERVE AND THE BLUE RIDGE MOUNTAIN REGION, ACHIEVED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST HAS CONTINUED ITS EFFORTS TO MONITOR AND IMPROVE ECOSYSTEM HEALTH OF THE BALSAM MOUNTAIN PRESERVE. ONE OF OUR HIGHEST PRIORITIES IS TO OBSERVE THE INTEGRITY OF THE HEALTH OF THE BALSAM MOUNTAIN CONSERVATION EASEMENT LANDS AND MAKE STEWARDSHIP RECOMMENDATIONS. HIGHLIGHTS OF 2023 INCLUDE THE CATALOGING OF 55 BIRD SPECIES IN REINSTATED SURVEYS, REMOVAL OF INVASIVE PLANTS FROM ~15 ACES, TREATMENT OF HEMLOCK TREES ON THE PRESERVE TO FIGHT THE INVASIVE WOOLY ADELGID, AND SURVEY OF RARE PLANTS WITHING ONE OF THE PRESERVES NATURAL HERITAGE SITES.
THE TRUST CONTINUED TO DEVELOP AND PRESENT ENVIRONMENTAL EDUCATION PROGRAMS TO THOUSANDS OF STUDENTS AND LIFELONG LEARNERS. SINCE ITS FOUNDING, THE TRUST HAS REACHED OVER 100,000 PROGRAM PARTICIPANTS. THE TRUSTS PARTNERSHIP WITH AMERICORPS AND THE CONSERVATION TRUST OF NORTH CAROLINA CONTINUED PROGRAM PRESENTATIONS TO SCHOOLS WHO HAVE A MAJORITY OF STUDENTS THAT FALL UNDER THE POVERTY LINE IN JACKSON AND HAYWOOD COUNTIES. THE TRUST ALSO BRANCHED OUT OUT TO PROVIDE ENVIRONMENTAL EDUCATION EXPERIENCES TO THE LOCAL PARENTS AS TEACHERS GROUP, A PROGRAM TO SERVE PARENTS AND THEIR PRE-K CHILDREN IN WESTERN NORTH CAROLINA. WE ALSO HAD HOSTED OUR FIRST POST-COVID BIRDFEST IN SYLVA, NC.
THE TRUSTS NATURE CENTER CONTINUES TO BE WELL RECEIVED BY THE PUBLIC, WHILE HOUSING OUR COLLECTION OF AMBASSADOR ANIMAL USED IN OUTREACH PROGRAMMING. IN 2023, WE WELCOMED A NEW POSSUM AND BEGAN IMPROVEMENTS TO OUR OUTDOOR ANIMAL ENCLOSURES. WE ALSO REVISITED AND UPDATED ALL OF OUR ANIMAL CARETAKING POLICIES AND PROCEDURES, INCLUDING NEW TRAINING GOALS FOR MOST OF OUR BIRDS OF PREY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wall Executive Director | Officer | 40 | $102,083 |
Joel Bradley Chair | Trustee | 0 | $0 |
Mary Edmonson Vice Chair | Trustee | 0 | $0 |
Mary Staton Secretary | Trustee | 0 | $0 |
Jan Kohl Treasurer | Trustee | 0 | $0 |
John Morse Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $207,550 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,148 |
| Total Program Service Revenue | $13,227 |
| Investment income | $24,574 |
| 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 | $449,949 |
| 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. | $102,083 |
| Compensation of current officers, directors, key employees. | $56,146 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $941 |
| Payroll taxes | $14,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,732 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,890 |
| Royalties | $0 |
| Occupancy | $11,612 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,877 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,304 |
| Insurance | $12,444 |
| All other expenses | $84,301 |
| Total functional expenses | $350,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,968 |
| Savings and temporary cash investments | $753,125 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $424,395 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,194,488 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,194,488 |
| 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 | $1,194,488 |