Form 990 for tax year 2022
Filed by GUANACASTE DRY FOREST CONSERVATION FUND.
Totals
- Total revenue
- $8,090,494
- Total expenses
- $2,974,608
- Contributions and grants received
- $7,163,429
- Grants paid
- $500,624
- Program service revenue
- $205,583
- Investment income
- $719,404
- Other revenue
- $2,078
- Total assets, end of year
- $21,296,479
- Total liabilities, end of year
- $115,853
- Net assets or fund balances, end of year
- $21,180,626
- Program services expenses (Part IX)
- $2,652,159
- Management and general expenses
- $214,990
- Fundraising expenses
- $107,459
- Program service expenses (Part III)
- $2,652,159
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$7,163,429
-
1g · Noncash contributions included above
$403,124
-
2a · Program service revenue: ENVIRONMENTAL SRVCES PMTS
total $78,332 · related or exempt $78,332
-
2b · Program service revenue: MITIGATION PAYMENTS
total $127,251 · related or exempt $127,251
-
3 · Investment income
total $420,240 · excluded $420,240
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $2,375,460 · other assets $20,930
-
7b · Less cost or other basis and sales expenses
securities $2,097,226
-
7c · Gain or loss
securities $278,234 · other assets $20,930
-
7d · Net gain or loss
total $299,164 · excluded $299,164
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: DONOR TRIP FEES
total $2,000 · related or exempt $2,000
-
11b · Other revenue: FOREIGN CURRENCY GAIN
total $78 · excluded $78
-
11e · Other revenue, total
$2,078
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $500,624 · program services $500,624
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $141,451 · program services $42,435 · management and general $42,435 · fundraising $56,581
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $32,323 · program services $8,081 · management and general $11,313 · fundraising $12,929
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $37,706 · program services $14,258 · management and general $10,188 · fundraising $13,260
-
10 · Payroll taxes
total $13,771 · program services $4,008 · management and general $4,255 · fundraising $5,508
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $13,758 · program services $10,911 · management and general $2,847
-
11c · Fees: accounting
total $50 · management and general $50
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $55,062 · management and general $55,062
-
11g · Fees: other
total $25,264 · program services $10,789 · management and general $14,475
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,840 · program services $608 · management and general $1,139 · fundraising $1,093
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $41,295 · program services $26,282 · management and general $2,366 · fundraising $12,647
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $28,658 · program services $28,658
-
23 · Insurance
total $5,456 · management and general $5,456
-
24a · Other expenses: CONTRACT LABOR
total $1,183,762 · program services $1,133,163 · management and general $50,599
-
24b · Other expenses: LAND ACQUISITION
total $502,953 · program services $502,953
-
24c · Other expenses: DNA BARCODING
total $118,693 · program services $118,693
-
24d · Other expenses: VEHICLE LEASE
total $56,370 · program services $56,370
-
24e · All other expenses
total $214,572 · program services $194,326 · management and general $14,805 · fundraising $5,441
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $157,020 · end of year $239,362
-
2 · Savings and temporary cash investments
beginning of year $1,466,556 · end of year $1,427,848
-
3 · Pledges and grants receivable
beginning of year $1,811,472 · end of year $4,675,602
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $3,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $289,969 · end of year $155,531
-
10a · Land, buildings and equipment: cost or other basis
$355,392
-
10b · Land, buildings and equipment: accumulated depreciation
$163,234
-
10c · Land, buildings and equipment, net
beginning of year $155,081 · end of year $192,158
-
11 · Investments: publicly traded securities
beginning of year $12,899,810 · end of year $12,701,141
-
12 · Investments: other securities
beginning of year $82,992 · end of year $82,614
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,228,440 · end of year $1,819,223
-
17 · Accounts payable and accrued expenses
beginning of year $63,757 · end of year $64,915
-
18 · Grants payable
beginning of year $14,103
-
25 · Other liabilities
beginning of year $51,338 · end of year $50,938
-
27 · Net assets without donor restrictions
beginning of year $9,338,238 · end of year $8,074,511
-
28 · Net assets with donor restrictions
beginning of year $9,623,904 · end of year $13,106,115
Mission and programs · 2022
Mission
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.
-
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.
Expenses $1,567,202 · Grants $35,081
-
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 2021 AND 2022 GDFCF CONCLUDED THE PURCHASE OF TWO AREAS OF TROPICAL FOREST LAND, COMPRISING APPROXIMATELY 1,003 ACRES, FOR $594,125 AND $502,953, 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.
Expenses $601,823 · Revenue $207,583
-
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.
Expenses $404,504 · Grants $388,130
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eric PalolaERIC PALOLA
Exec Dir/Sec'y
- Total calculated
- $179,949
- From this org
- $150,674
- From related orgs
- $0
- Other
- $29,275
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,888
- Bonus
- not reported
- Other
- $11,190
- Deferred
- not reported
- Nontaxable benefits
- $29,275
- Filer's total
- $175,353
-
Daniel JanzenDANIEL JANZEN
President
- Total calculated
- $0
- Hours/week
- 40
-
Winnie HallwachsWINNIE HALLWACHS
Vice President
- Total calculated
- $0
- Hours/week
- 40
-
Steve StroudSTEVE STROUD
CFO
- Total calculated
- $0
- Hours/week
- 2
-
Jorge Cortes NunezJORGE CORTES NUNEZ
Director
- Total calculated
- $0
- Hours/week
- 4
-
Frank JoyceFRANK JOYCE
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Brad ZlotnickBRAD ZLOTNICK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rob PringleROB PRINGLE
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Rex HamiltonREX HAMILTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sara O'ConnorSARA O'CONNOR
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jessie HillJESSIE HILL
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott MillerSCOTT MILLER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Alex SmithALEX SMITH
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333139349305143
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