Guanacaste Dry Forest Conservation Fund
- Assets
- $19.1m
- Revenue
- $3.5m
- Investments
- $115.6k
- Employees
- 2
- Location
- Huntington, VT
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 94-3280315
Organization Overview
Guanacaste Dry Forest Conservation Fund is located in Huntington, VT. The organization was established in 1998. 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 12/2021, Guanacaste Dry Forest Conservation Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guanacaste Dry Forest Conservation Fund 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, Guanacaste Dry Forest Conservation Fund generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 3.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GDFCF IS TO CARRY OUT ANY PROJECT OR INITIATIVE THAT WILL INCREASE THE CHANCES OF SURVIVAL OF THE ECOSYSTEMS AND BIODIVERSITY OF AREA DE CONSERVACION GUANACASTE IN NORTHERN COSTA RICA. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACG BIODIVERSITY INVENTORY:FUNDED BIODIVERSITY INVENTORY OF THE AREA DE CONSERVACION GUANANACASTE (ACG) FOR DIRECT SCIENTIFIC BASIC RESEARCH AND EDUCATION, AND FOR USE IN MANAGEMENT AND CONSERVATION DECISIONS BY ACG. EXPENSES INCLUDE THE OPERATING COSTS OF 13 RESEARCH STATIONS STAFFED BY LOCALLY-TRAINED PARATAXONOMISTS, FUNDING FOR RESEARCH ASSISTANTS, AND THE COST OF DNA BARCODING OF SPECIMENS COLLECTED.
PURCHASE AND HOLDING OF LAND FOR PRESERVATION:CURRENT YEAR COSTS INCLUDE LEGAL FEES, MAPPING COSTS, AND CONTRACTOR PAYMENTS ASSOCIATED WITH THE NEGOTIATION OF ONGOING LAND PURCHASES, AS WELL AS PROPERTY TAXES AND FEES ASSOCIATED WITH EXISTING LAND HOLDINGS. DURING THE YEARS 2020 AND 2021 GDFCF CONCLUDED THE PURCHASE OF TWO AREAS OF TROPICAL FOREST LAND, COMPRISING APPROXIMATELY 755 ACRES, FOR $297,208 AND $594,125, RESPECTIVELY.THE ORGANIZATION RECEIVED $126,750 OF ENVIRONMENTAL SERVICES PAYMENTS FROM THE GOVERNMENT OF COSTA RICA AS COMPENSATION FOR PRESERVING THESE FOREST LANDS, PLUS $118,926 FROM AN ELECTRICAL UTILITY COMPANY AS A MITIGATION PAYMENT FOR CONSTRUCTION OF WIND ENERGY UTILITY LINES OVER THE ORGANIZATION'S PROPERTY.
MADE DIRECT GRANTS TO AND OTHER PAYMENTS ON BEHALF OF THE AREA DE CONSERVACION GUANACASTE TO SUBSIDIZE EQUIPMENT PURCHASES AND OTHER COSTS OF ITS OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Palola Exec Dir/sec'y | OfficerTrustee | 40 | $137,161 |
Steve Stroud CFO | OfficerTrustee | 2 | $0 |
Winnie Hallwachs Vice President | OfficerTrustee | 40 | $0 |
Daniel Janzen President | OfficerTrustee | 40 | $0 |
Frank Joyce Vice President | OfficerTrustee | 5 | $0 |
Jorge Cortes Nunez Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,943,861 |
| Noncash contributions included in lines 1a–1f | $295,980 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,943,861 |
| Total Program Service Revenue | $245,677 |
| Investment income | $482,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $787,977 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,460,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,188 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $287,257 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,365 |
| Compensation of current officers, directors, key employees. | $40,610 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,524 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,592 |
| Payroll taxes | $13,202 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,105 |
| Fees for services: Accounting | $13,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $59,589 |
| Fees for services: Other | $13,212 |
| Advertising and promotion | $0 |
| Office expenses | $3,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $176 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,113 |
| Insurance | $2,874 |
| All other expenses | $286,166 |
| Total functional expenses | $2,980,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,020 |
| Savings and temporary cash investments | $1,466,556 |
| Pledges and grants receivable | $1,811,472 |
| 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 | $289,969 |
| Net Land, buildings, and equipment | $155,081 |
| Investments—publicly traded securities | $12,867,203 |
| Investments—other securities | $115,599 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,228,440 |
| Total assets | $19,091,340 |
| Accounts payable and accrued expenses | $63,757 |
| Grants payable | $14,103 |
| 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 | $51,338 |
| Total liabilities | $129,198 |
| Net assets without donor restrictions | $9,338,238 |
| Net assets with donor restrictions | $9,623,904 |
| 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 | $19,091,340 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Guanacaste Dry Forest Conservation Fund has recieved totaling $525,000.
| Awarding Organization | Amount |
|---|---|
Hastings Family Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $500,000 |
Wallace Genetic Foundation Ii Inc Washington, DC PURPOSE: SUPPORTBIOMARPROJECT | $25,000 |
Endowment Analysis
| Beg. Balance | $14,086,962 |
| Earnings | $1,693,717 |
| Other Expense | $492,838 |
| Ending Balance | $15,287,841 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sustainable Markets Foundation New York, NY | $17,976,931 | $19,381,628 |
Only One Inc New York, NY | $3,262,058 | $9,834,103 |
Cec Stuyvesant Cove Inc Long Island City, NY | $4,789,679 | $6,047,317 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |
American Society For The Protection Of Nature Israel Inc New York, NY | $437,688 | $3,144,160 |
Guanacaste Dry Forest Conservation Fund Huntington, VT | $19,091,340 | $3,460,477 |
Natural Areas Conservancy Inc New York, NY | $5,460,471 | $2,307,893 |
Years Project Inc Melville, NY | $2,975,303 | $1,381,607 |
Northeast Wilderness Trust Montpelier, VT | $32,931,884 | $12,311,502 |
Earth Pledge Foundation Shelter Island, NY | $0 | $140,716 |