The Mono Lake Foundation
- Assets
- $14.0m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 22
- Location
- Lee Vining, CA
- Founding
- 09/1985
- Data as of
- 12/2020
- EIN
- 77-0051124
Organization Overview
The Mono Lake Foundation is located in Lee Vining, CA. The organization was established in 1985. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Mono Lake Foundation employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mono Lake Foundation 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 12/2020, Mono Lake Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2020. While expenses have increased by 6.1% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PROTECT MONO LAKE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROTECTION & RESTORATION: THE MONO LAKE COMMITTEE PROTECTS THE ECOLOGICAL HEALTH AND SCENIC QUALITIES OF MONO LAKE, ITS TRIBUTARY STREAMS, AND SURROUNDING LANDS. THE COMMITTEE ADVOCATES AND IMPLEMENTS RESTORATION PROGRAMS THAT HEAL THE DAMAGE DONE BY EXCESSIVE WATER DIVERSIONS TO LOS ANGELES IN PAST DECADES INCLUDING RAISING MONO LAKE TO THE STATE-MANDATED ECOLOGICALLY SUSTAINABLE LEVEL AND RESTORING THE HEALTH OF MONO'S TRIBUTARY STREAMS AND WATERFOWL HABITAT. WORKING CLOSELY WITH OUR COMMUNITY AND STATE, FEDERAL, AND REGIONAL GROUPS, THE MONO LAKE COMMITTEE SEEKS TO DEMONSTRATE THE INTERCONNECTION BETWEEN A HEALTHY ECOSYSTEM AND A SUSTAINABLE ECONOMY. THE MONO LAKE COMMITTEE'S STATEWIDE WATER POLICY WORK FOCUSES ON USING THE LESSONS LEARNED AT MONO LAKE AS A TOOL TO ADVOCATE FOR CONSERVATION, RECLAMATION, AND WISE WATER USE. THE MONO LAKE COMMITTEE ALSO MAINTAINS AN ACTIVE PRESENCE IN LOS ANGELES, REFLECTING THE LONG-TERM INTERTWINED RELATIONSHIP BETWEEN THE CITY AND MONO LAKE.
EDUCATION: THE MONO LAKE COMMITTEE SEEKS TO SHARE THE MONO LAKE STORY WITH THE GENERAL PUBLIC AND A DIVERSE RANGE OF SCHOOLS AND COMMUNITY GROUPS. EDUCATION PROGRAMS INCLUDE INTERPRETIVE WALKS AND CANOE TOURS AT MONO LAKE, BIRD WALKS, ENVIRONMENTAL EDUCATION FOR SCHOOL GROUPS, WEEKEND FIELD SEMINARS, A PUBLIC INFORMATION CENTER WITH EXHIBITS AND A FILM, AND THE OUTDOOR EDUCATION CENTER THAT CONNECTS LOS ANGELES YOUTH TO THE SOURCE OF THEIR WATER. THESE PROGRAMS, WHICH REACH THOUSANDS OF PEOPLE ANNUALLY, EMPHASIZE PERSONAL ENVIRONMENTAL RESPONSIBILITY THROUGH UNDERSTANDING THE BALANCE BETWEEN MONO LAKE'S UNIQUE ECOSYSTEM AND HUMANS' NEED FOR WATER.MONO LAKE COMMITTEE COMMUNICATIONS PROVIDE VALUABLE EDUCATIONAL INFORMATION TO THE PUBLIC. THE QUARTERLY MONO LAKE NEWSLETTER CONTAINS DETAILED INFORMATION ABOUT PUBLIC POLICY, NATURAL HISTORY, AND OTHER ITEMS RELEVANT TO MONO LAKE AND IS MAILED TO THE MONO LAKE COMMITTEE'S 16,000 MEMBERS AND GIVEN TO THE PUBLIC FOR FREE. THE MONO LAKE COMMITTEE'S WEBSITE, MONOLAKE.ORG PROVIDES A WIDE RANGE OF CURRENT NEWS AND INFORMATION ABOUT MONO LAKE.
SCIENTIFIC RESEARCH: THE MONO LAKE COMMITTEE RUNS THE MONO BASIN FIELD STATION TO SUPPORT SCIENTIFIC RESEARCH IN THE MONO BASIN BY PROVIDING HOUSING AND BASIC RESOURCES FOR NEEDED FOR RESEARCH. THE INFORMATION GATHERED AT THE FIELD STATION IS INSTRUMENTAL IN UNDERSTANDING MONO LAKE AND IN SHAPING THE MONO LAKE COMMITTEE'S POLICIES AND SCIENCE-BASED LAND MANAGEMENT BY AGENCIES. THE MONO LAKE COMMITTEE ALSO RUNS THE VORSTER CENTER FOR MONO BASIN HYDROLOGY, A SCIENCE AND RESEARCH HUB FOR DATA COLLECTION, MODELING, ANALYSIS, FORECASTING, AND REAL-WORLD APPLICATION OF MONO LAKE AND MONO BASIN HYDROLOGY. THE MONO LAKE COMMITTEE ALSO MAINTAINS AN ONLINE LIBRARY FOR SCIENTIFIC RESEARCH, ENVIRONMENTAL STUDIES, AND HISTORICAL DOCUMENTS AT MONOBASINRESEARCH.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Mcquilkin Executive Director | Officer | 40 | $96,948 |
Sally Gaines Chairperson | OfficerTrustee | 5 | $0 |
David Kanner Treasurer | OfficerTrustee | 5 | $0 |
Tom Soto Secretary | OfficerTrustee | 5 | $0 |
Doug Virtue Director | Trustee | 5 | $0 |
Martha Davis Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,353,684 |
| Investment income | $247,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,868 |
| Net Rental Income | $54,655 |
| Net Gain/Loss on Asset Sales | $84,834 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $57,348 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,828,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,092 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $822,294 |
| Pension plan accruals and contributions | $9,735 |
| Other employee benefits | $121,836 |
| Payroll taxes | $69,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,571 |
| Fees for services: Accounting | $81,402 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $63,483 |
| Fees for services: Investment Management | $102,465 |
| Fees for services: Other | $369,174 |
| Advertising and promotion | $41,197 |
| Office expenses | $391,167 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,386 |
| Travel | $13,425 |
| 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 | $63,066 |
| Insurance | $34,293 |
| All other expenses | $0 |
| Total functional expenses | $2,506,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $485,170 |
| Savings and temporary cash investments | $473,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $154,823 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $91,680 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $11,404,987 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,020,783 |
| Accounts payable and accrued expenses | $266,983 |
| 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 | $214,720 |
| Total liabilities | $481,703 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $13,539,080 |
Grants Awarded
Over the last fiscal year, The Mono Lake Foundation has awarded $46,410 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Bishop, CA PURPOSE: SUPPORT THE MISSION OF THE KEEP LONG VALLEY GREEN COALITION | $25,000 |
Petaluma, CA PURPOSE: CALIFORNIA GULL RESEARCH | $12,000 |
Mammoth Lakes, CA PURPOSE: SUPPORT THE MISSION OF THE KEEP LONG VALLEY GREEN COALITION | $9,410 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Mono Lake Foundation has recieved totaling $183,867.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $98,711 |
Park L Loughlin Charitable Foundation Olympic Valley, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Anna And Harry H Borun Tua 800820 Las Vegas, NV PURPOSE: GENERAL SUPPORT | $13,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,786 |
California Audubon Society Van Nuys, CA PURPOSE: General Support | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,370 |
Endowment Analysis
| Beg. Balance | $691,279 |
| Earnings | $155,279 |
| Ending Balance | $846,558 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |