Marin Agricultural Land Trust
- Assets
- $31.0m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Point Reyes Station, CA
- Founding
- 02/1981
- Data as of
- 06/2021
- EIN
- 94-2689383
Organization Overview
Marin Agricultural Land Trust is located in Point Reyes Station, CA. The organization was established in 1981. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Marin Agricultural Land Trust employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marin Agricultural 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 06/2021, Marin Agricultural Land Trust generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $5.8m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PERMANENTLY PROTECT MARIN COUNTY FARMLAND FOR FARMING AND RANCHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION EASEMENT PROGRAMSINCE ITS INCEPTION, MALT HAS ACQUIRED 87 AGRICULTURAL CONSERVATION EASEMENTS COVERING 54,000 ACRES. THESE EASEMENTS PROHIBIT DEVELOPMENT, SUBDIVISION, AND USES OR PRACTICES WHICH WOULD BE DESTRUCTIVE TO THE AGRICULTURAL VALUE OF THE LAND. AFTER THE EASEMENTS ARE RECORDED, OWNERS ARE BOUND BY ITS TERMS IN PERPETUITY. MALT PURCHASED A CONSERVATION EASEMENT TOTALING $1,143,008 DURING THE YEAR ENDED JUNE 30, 2021. MALT STAFF VISIT EACH EASEMENT ANNUALLY TO MONITOR CONDITIONS AND ENSURE COMPLIANCE.
OUTREACH (HIKES, TOURS AND TASTINGS SERIES AND SPECIAL EVENTS)MALT'S OUTREACH PROGRAMS INCLUDE A VARIETY OF HIKES AND TOURS ON FARMS AND RANCHES THROUGHOUT MARIN COUNTY. THESE OUTINGS CONNECT PEOPLE WITH THE LAND THAT MALT PROTECTS, THE FARMING FAMILIES WHO STEWARD THE LAND, AND THE CELEBRATED LOCAL FOOD GROWN AND RAISED ON IT. MALT HOSTS A VARIETY OF IN PERSON AND VIRTUAL EVENTS THAT HIGHLIGHT THE IMPORTANCE OF LOCAL FARMLAND FOR CULTURE, RECREATION AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamison Watts Executive Director (thru 7/31/20) | Officer | 40 | $217,647 |
Raymond Fort Dir Of Ops/interim Ed (thru 6/1/21) | Officer | 40 | $166,558 |
Kathryn Lyddan Director Of Conservation | 40 | $146,466 | |
Jennifer Carlin Director Of Development | 40 | $143,954 | |
Marcella Disciullo Associate Dir - Develop. Major Gifts | 40 | $114,079 | |
Isabel French Associate Director Of Comms/mktg | 40 | $112,040 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage 70 Database Management | 6/29/21 | $143,028 |
Russel Reynolds And Associates Executive Recruiting | 6/29/21 | $100,768 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $989,678 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $369,880 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,062,149 |
| Noncash contributions included in lines 1a–1f | $272,718 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,421,707 |
| Total Program Service Revenue | $4,500 |
| Investment income | $338,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $367,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,132,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $240,000 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $372,620 |
| Compensation of current officers, directors, key employees. | $303,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,880,388 |
| Pension plan accruals and contributions | $69,687 |
| Other employee benefits | $204,261 |
| Payroll taxes | $158,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,169 |
| Fees for services: Accounting | $35,150 |
| Fees for services: Lobbying | $2,000 |
| Fees for services: Fundraising | $74,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $628,697 |
| Advertising and promotion | $40,624 |
| Office expenses | $181,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,604 |
| Travel | $39,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,741 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $120,312 |
| Insurance | $30,799 |
| All other expenses | $175,798 |
| Total functional expenses | $5,831,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,483,142 |
| Savings and temporary cash investments | $3,702,850 |
| Pledges and grants receivable | $394,907 |
| 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 | $119,445 |
| Net Land, buildings, and equipment | $1,496,038 |
| Investments—publicly traded securities | $23,269,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $497,316 |
| Total assets | $30,963,655 |
| Accounts payable and accrued expenses | $454,799 |
| 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 | $454,799 |
| Net assets without donor restrictions | $17,167,238 |
| Net assets with donor restrictions | $13,341,618 |
| 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 | $30,963,655 |
Grants Awarded
Over the last fiscal year, Marin Agricultural Land Trust has awarded $240,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MARIN RESOURCE CONSERVATION DISTRICT PURPOSE: TO SUPPORT LANDOWNERS AND AGRICULTURAL PRODUCERS WITH LAND STEWARDSHIP AND WATERSHED ENHANCEMENT | $225,000 |
Oakland, CA PURPOSE: TO SUPPORT DAIRY NUTRIENT MANAGEMENT PLAN CREATION | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marin Agricultural Land Trust has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Wayne Clark Family Foundation Novato, CA PURPOSE: LAND | $1,500 |
Endowment Analysis
| Beg. Balance | $11,070,741 |
| Earnings | $3,198,549 |
| Net Contributions | $242,028 |
| Other Expense | $1,957 |
| Ending Balance | $14,509,361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ccof Certification Services Llc Santa Cruz, CA | $9,868,964 | $17,739,253 |
California Farm Bureau Federation Sacramento, CA | $82,452,698 | $14,735,456 |
Pear Bureau Northwest Milwaukie, OR | $2,202,999 | $9,582,470 |
International Brotherhood Of Teamsters Oakland, CA | $5,882,681 | $9,630,681 |
Farmers Conservation Alliance Hood River, OR | $3,544,797 | $8,335,346 |
Marin Agricultural Land Trust Point Reyes Station, CA | $30,963,655 | $5,132,038 |
Napa Valley Vintners Inc St Helena, CA | $13,602,077 | $6,762,093 |
Pacific Coast Farmers Market Assoc Concord, CA | $1,899,470 | $5,082,429 |
International Agri-Center Tulare, CA | $20,144,996 | $2,449,817 |
East San Joaquin Water Quality Coalition Modesto, CA | $1,529,247 | $4,154,312 |
Tacoma Joint Port Labor Relations Committee San Francisco, CA | $4,523 | $3,449,318 |
California Rangeland Trust Sacramento, CA | $51,818,901 | $14,211,005 |