Skip to content
Nonprofiteer
← THE PACIFIC FOREST TRUST INCORPORATED

Form 990 for tax year 2023

Filed by THE PACIFIC FOREST TRUST INCORPORATED.

Totals

Total revenue
$10,390,247
Total expenses
$9,873,088
Contributions and grants received
$8,657,467
Grants paid
$0
Program service revenue
$1,045,978
Investment income
$586,663
Other revenue
$100,139
Total assets, end of year
$9,779,345
Total liabilities, end of year
$2,199,423
Net assets or fund balances, end of year
$7,579,922
Program services expenses (Part IX)
$9,077,498
Management and general expenses
$468,675
Fundraising expenses
$326,915
Program service expenses (Part III)
$9,077,498

Program services were 91.9% 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.

  • 1e · Government grants (contributions)

    $6,628,094

  • 1f · All other contributions, gifts and grants

    $2,029,373

  • 2a · Program service revenue: Program Service Fees

    total $1,045,978 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $586,663 · unrelated business $0 · excluded $586,663

  • 11a · Other revenue: Other Income

    total $100,139 · related or exempt $100,139 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $100,139

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $779,925 · program services $564,156 · management and general $150,588 · fundraising $65,181

  • 7 · Other salaries and wages

    total $781,316 · program services $565,163 · management and general $150,855 · fundraising $65,298

  • 8 · Pension plan contributions

    total $80,091 · program services $65,963 · management and general $8,014 · fundraising $6,114

  • 9 · Other employee benefits

    total $205,333 · program services $149,833 · management and general $42,005 · fundraising $13,495

  • 10 · Payroll taxes

    total $125,828 · program services $91,467 · management and general $24,187 · fundraising $10,174

  • 11b · Fees: legal

    total $29,134 · program services $28,288 · management and general $458 · fundraising $388

  • 11c · Fees: accounting

    total $33,000 · program services $24,034 · management and general $6,285 · fundraising $2,681

  • 11g · Fees: other

    total $880,252 · program services $856,992 · management and general $7,102 · fundraising $16,158

  • 13 · Office expenses

    total $33,507 · program services $25,227 · management and general $104 · fundraising $8,176

  • 16 · Occupancy

    total $245,303 · program services $180,736 · management and general $43,331 · fundraising $21,236

  • 17 · Travel

    total $132,563 · program services $118,778 · management and general $4,200 · fundraising $9,585

  • 20 · Interest

    total $115,689 · program services $84,257 · management and general $22,032 · fundraising $9,400

  • 23 · Insurance

    total $32,713 · program services $29,230 · management and general $2,441 · fundraising $1,042

  • 24a · Other expenses: Forest Management Services

    total $455,622 · program services $455,622 · management and general $0 · fundraising $0

  • 24b · Other expenses: Books, Software and Reference

    total $73,368 · program services $60,528 · management and general $2,471 · fundraising $10,369

  • 24c · Other expenses: Licenses, Permits and Registration

    total $11,178 · program services $1,815 · management and general $315 · fundraising $9,048

  • 24d · Other expenses: Memberships

    total $10,991 · program services $10,991 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $5,847,275 · program services $5,764,418 · management and general $4,287 · fundraising $78,570

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $193,886 · end of year $466,068

  • 2 · Savings and temporary cash investments

    beginning of year $200,435 · end of year $138,127

  • 3 · Pledges and grants receivable

    beginning of year $30,000

  • 4 · Accounts receivable

    beginning of year $214,740 · end of year $612,131

  • 7 · Other notes and loans receivable

    end of year $590,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,491 · end of year $56,808

  • 10a · Land, buildings and equipment: cost or other basis

    $3,236,556

  • 10b · Land, buildings and equipment: accumulated depreciation

    $36,556

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $3,200,000

  • 11 · Investments: publicly traded securities

    beginning of year $4,241,160 · end of year $4,600,338

  • 15 · Other assets

    beginning of year $4,129,369 · end of year $115,873

  • 17 · Accounts payable and accrued expenses

    beginning of year $186,988 · end of year $732,263

  • 23 · Secured mortgages and notes payable

    beginning of year $1,347,694 · end of year $1,347,694

  • 25 · Other liabilities

    beginning of year $423,636 · end of year $119,466

  • 27 · Net assets without donor restrictions

    beginning of year $5,838,496 · end of year $5,603,787

  • 28 · Net assets with donor restrictions

    beginning of year $1,224,267 · end of year $1,976,135

Mission and programs · 2023

Mission

ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES PACIFIC FOREST TRUST (PFT) IS DEDICATED TO SUSTAINING AMERICAS FORESTS. WE WORK WITH PARTNERS AND STAKEHOLDERS TO DEVELOP INNOVATIVE, INCENTIVE-BASED CONSERVATION SOLUTIONS TO SAFEGUARD OUR FORESTS, WHICH ARE ESSENTIAL TO CLIMATE PROTECTION, SAFE WATER SUPPLIES, WILDLIFE SURVIVAL, AND ECONOMIC STABILITY.

  • Constituency Building The goals of this program area are to build a wide and diverse constituency of people committed to the conservation and stewardship of private forests using a variety of communications and educational tools. PFT has expanded general visibility of its mission and projects this year with increased earned media placement in major national outlets such as CBS, the New York Times, Los Angeles Times, Bloomberg, The Economist, The Hill and others.

    Expenses $431,806

  • Program Development and Planning This includes the Organizations activities in annual and strategic planning, staff conferences and presentations, and executive coordination and oversight of the overall program development and implementation. PFT has hosted and/or facilitated a number of events in the past year, including multiple screenings of Beyond the Trees, the short documentary about our work on the van Eck forests of California and Oregon.

    Expenses $471,488

  • Forest Conservation The Organizations forest conservation program provides forest conservation services to private landowners, government agencies, and other conservation organizations in the region, with an emphasis on the design, acquisition and management of conservation easements on working forestlands. PFT monitors and provides stewardship services on a total of 38 conservation easements on roughly 130,000 acres in California and Oregon. PFT currently owns-but will transfer ownership to the Southern Sierra Miwuk Nation-897 forested acres along the border of Yosemite National Park, California. These lands are conserved, managed and monitored for water, wildlife, and climate values. PFT is engaging in ongoing discussions with forest landowners in California and Oregon regarding opportunities for future easement and fee title acquisitions. PFT continues to work with a diverse group of stakeholders on the Klamath-Cascade Advisory Council, as well as conducting field trips and public outreach and educating key stakeholders about the importance of conserving working forests in the Klamath-Cascade region. Forests are central to the ecological health of this critical watershed that provides drinking water for 25+ million Californians. Subsequent activity to 12/31/2023 in 2024 PFT purchased a conservation easement on 11,000 acres in Trinity County, California.

    Expenses $6,540,859 · Revenue $1,045,978

  • Stewardship Forestry This program area includes research, education, technical assistance and demonstration projects that seek to promote the practical implementation of stewardship forestry and related forest conservation efforts.

    Expenses $1,157,222

  • Incentives Through the incentives program, the Organization develops policy initiatives and analyses in support of incentives for long-term forest stewardship.

    Expenses $476,123

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Laurie Wayburn

    President

    Total calculated
    $253,711
    From this org
    $222,143
    From related orgs
    $0
    Other
    $31,568
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,143
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $31,568
    Filer's total
    $253,711

  • Ann Bartuska

    Chair of Board

    Total calculated
    $0
    Hours/week
    4

  • Stuart Bewley

    Treasurer

    Total calculated
    $0
    Hours/week
    3

  • Seema Jethani

    Secretary

    Total calculated
    $0
    Hours/week
    3

  • Connie Best

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Sally Bingham

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Dan Dorosin

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Jerry Franklin

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Paul Henson

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Andy Nordhoff

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Chris Smith

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Andrea Tuttle

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Sunny Virdi

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Erik Wohlgemuth

    Trustee

    Total calculated
    $0
    Hours/week
    3

  • Paul Mason

    VP for Policy and Incentives

    Total calculated
    $191,837
    From this org
    $165,619
    From related orgs
    $0
    Other
    $26,218
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,619
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,218
    Filer's total
    $191,837

  • Michael W Reilly

    Director of Finance & Admin.

    Total calculated
    $169,620
    From this org
    $146,155
    From related orgs
    $0
    Other
    $23,465
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,155
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,465
    Filer's total
    $169,620

  • Brian A Lawson

    Director of Conservation & Stewardship

    Total calculated
    $163,396
    From this org
    $135,000
    From related orgs
    $0
    Other
    $28,396
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $28,396
    Filer's total
    $163,396

  • Kevin Connelly

    Director of Development

    Total calculated
    $131,669
    From this org
    $111,008
    From related orgs
    $0
    Other
    $20,661
    Hours/week
    40

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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
28 May 2024
IRS schema version
2023v5.1
Source object
202402749349300000

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.