Skagit Land Trust
- Assets
- $26.2m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Mount Vernon, WA
- Founding
- 10/1996
- Data as of
- 03/2022
- EIN
- 91-1533402
Organization Overview
Skagit Land Trust is located in Mount Vernon, WA. The organization was established in 1996. 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 03/2022, Skagit Land Trust employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skagit Land 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 03/2022, Skagit Land Trust generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.3m during the year ending 03/2022. While expenses have increased by 13.0% 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
SKAGIT LAND TRUST PROTECTS LAND TO PASS ON HEALTHY ECOSYSTEMS. WE ALSO PROTECT PLACES THAT ENHANCE ALL PEOPLE'S QUALITY OF LIFE. WE WORK WITH COMMUNITY MEMBERS TO STEWARD PROTECTED LANDS. CONSERVATION AND STEWARDSHIP OF LAND ARE FOUNDATIONAL PROGRAMS. OTHER AREAS OF FOCUS INCLUDE: EDUCATION AND OUTREACH INCLUDING A YOUTH PROGRAM AND A CITIZEN SCIENCE PROGRAM; PUBLIC POLICY; AND; JUSTICE, EQUITY, DIVERSITY AND INCLUSION IN CONSERVATION. PARTNERSHIP IS A KEY VALUE IN ALL WE DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION: SIX PROJECTS WERE COMPLETED AND 15 NEW PROJECTS STARTED. PURCHASED LAND TO EXPAND THREE CONSERVATION AREA. PROTECTING A NEAR-URBAN FOREST . EXPANDED CONSERVATION OF SHORELINE IN THE SKAGIT AND SAMISH WATERSHEDS THROUGH DONATIONS AND PURCHASES. PROTECTED FOREST FOR THE LARGEST GREAT BLUE HERON NESTING AREA IN THE WESTERN USA. WORKED WITH PARTNERS SUCH AS ASSISTED THE CITY OF ANACORTES ACFL CE PROGRAM, AND ASSISTED STATE PARKS TO SECURE LAND FOR DECEPTION PASS STATE PARK.
STEWARDSHIP: 725 STEWARDSHIP VOLUNTEERS GAVE 2378 HOURS TO CARE FOR AND MONITOR 91 PROPERTIES OR CES. SLT RESTORED WILDLIFE HABITAT ON FIFTEEN PROPERTIES. TRAIL, WILDLIFE VIEWING AND PUBLIC ACCESS WERE EXPANDED OR ENHANCED ON SIX PROPERTIES. PROPERTY CLEAN-UPS OF SCALE TOOK PLACE ON THREE CONSERVATION AREAS TO READY THESE SITES FOR HABITAT RESTORATON.
OUTREACH AND COMMUNICATION: SLT LANDS HAD OVER 28,500 VISITS. PUBLIC CONSERVATION EASEMENTS SLT CONSERVES HAD OVER 143,000 VISITS. 725 STUDENTS FROM LOCAL SCHOOLS VISITED A SLT PROPERTY TO LEARN ABOUT NATURE AND STEWARDSHIP. INSTALLED A VIRTUAL MONITORING SYSTEM FOR CITIZEN SCIENCE IN MARCH POINT HERONRY. SLT HELD 14 COMMUNITY AND MEMBER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Doran Executive Dir. | Officer | 40 | $106,862 |
Barb Trask Treasurer | OfficerTrustee | 5 | $0 |
Tim Manns Secretary | OfficerTrustee | 4 | $0 |
Mark Hitchcock President | OfficerTrustee | 5 | $0 |
Kathy Thornburgh Vice President | OfficerTrustee | 3 | $0 |
Harold Lee Board Member | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,790 |
| Related organizations | $0 |
| Government grants | $1,220,322 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,010,453 |
| Noncash contributions included in lines 1a–1f | $411,749 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,260,565 |
| Total Program Service Revenue | $17,870 |
| Investment income | $203,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,248 |
| Net Gain/Loss on Asset Sales | $66,509 |
| Net Income from Fundraising Events | -$2,923 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,614,350 |
| 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. | $106,862 |
| Compensation of current officers, directors, key employees. | $23,510 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,166 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,600 |
| Payroll taxes | $48,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,243 |
| Fees for services: Accounting | $45,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,375 |
| Fees for services: Other | $0 |
| Advertising and promotion | $537 |
| Office expenses | $16,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,911 |
| Travel | $10,321 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,141 |
| Interest | $54 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,185 |
| Insurance | $9,182 |
| All other expenses | $34,905 |
| Total functional expenses | $1,330,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,374,774 |
| Savings and temporary cash investments | $54,289 |
| Pledges and grants receivable | $250,000 |
| Accounts receivable, net | $98,675 |
| 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 | $55,076 |
| Net Land, buildings, and equipment | $15,846,708 |
| Investments—publicly traded securities | $8,512,440 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,455 |
| Total assets | $26,232,417 |
| Accounts payable and accrued expenses | $85,919 |
| 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 | $85,919 |
| Net assets without donor restrictions | $19,980,481 |
| Net assets with donor restrictions | $6,166,017 |
| 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 | $26,232,417 |
Grants Awarded
Over the last fiscal year, Skagit Land Trust has awarded $69,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF HAMILTON PURPOSE: Property transfer | $19,500 |
TOWN OF HAMILTON PURPOSE: Property transfer | $19,500 |
SEATTLE CITY LIGHT PURPOSE: Property transfer | $15,000 |
SEATTLE CITY LIGHT PURPOSE: Property transfer | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Skagit Land Trust has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
The Hugh And Jane Ferguson Foundation Seattle, WA PURPOSE: ENVIRONMENTAL PROTECTION | $3,500 |
Temcov Foundation Anacortes, WA PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $1,822,661 |
| Earnings | $48,772 |
| Ending Balance | $1,871,433 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forterra Nw Seattle, WA | $50,722,861 | $15,501,876 |
Organic Materials Review Institute Eugene, OR | $2,429,450 | $7,163,991 |
Columbia Land Trust Vancouver, WA | $128,484,045 | $26,603,330 |
Boreal Songbird Initiative Seattle, WA | $3,462,236 | $1,922,270 |
Mckenzie River Trust Eugene, OR | $16,079,126 | $5,680,639 |
Teton Regional Land Trust Driggs, ID | $10,505,047 | $4,545,192 |
San Juan Preservation Trust Friday Harbor, WA | $63,398,205 | $3,224,366 |
North Coast Land Conservancy Inc Seaside, OR | $26,448,342 | $7,279,984 |
Whidbey-Camano Land Trust Greenbank, WA | $19,824,922 | $5,155,623 |
Pcc Farmland Trust Seattle, WA | $10,680,285 | $2,998,617 |
Chelan-Douglas Land Trust Wenatchee, WA | $31,075,707 | $7,176,857 |
American Friends Of Canadian Conservation Bellingham, WA | $3,170,106 | $2,721,306 |