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Nonprofiteer
← KENTUCKY NATURAL LANDS TRUST INC

Form 990 for tax year 2023

Filed by KENTUCKY NATURAL LANDS TRUST INC.

Totals

Total revenue
$3,746,158
Total expenses
$2,525,850
Contributions and grants received
$3,277,895
Grants paid
$0
Program service revenue
$92,625
Investment income
$374,695
Other revenue
$943
Total assets, end of year
$27,454,138
Total liabilities, end of year
$9,749,019
Net assets or fund balances, end of year
$17,705,119
Program services expenses (Part IX)
$1,880,639
Management and general expenses
$415,611
Fundraising expenses
$229,600
Program service expenses (Part III)
$1,880,639

Program services were 74.5% 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)

    $876,852

  • 1f · All other contributions, gifts and grants

    $2,401,043

  • 1g · Noncash contributions included above

    $250,052

  • 2a · Program service revenue: PROJECT INCOME

    total $92,625 · related or exempt $92,625

  • 3 · Investment income

    total $206,002 · excluded $206,002

  • 7a · Gross sales of assets other than inventory

    securities $1,569,143

  • 7b · Less cost or other basis and sales expenses

    securities $1,400,450

  • 7c · Gain or loss

    securities $168,693

  • 7d · Net gain or loss

    total $168,693 · excluded $168,693

  • 11a · Other revenue: MOUNTAIN LAUREL LAKE

    total $943 · unrelated business $943

  • 11e · Other revenue, total

    $943

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $127,179 · program services $76,908 · management and general $21,621 · fundraising $28,650

  • 7 · Other salaries and wages

    total $387,347 · program services $234,239 · management and general $65,848 · fundraising $87,260

  • 8 · Pension plan contributions

    total $21,771 · program services $13,166 · management and general $3,700 · fundraising $4,905

  • 9 · Other employee benefits

    total $75,179 · program services $45,463 · management and general $12,781 · fundraising $16,935

  • 10 · Payroll taxes

    total $38,099 · program services $23,039 · management and general $6,477 · fundraising $8,583

  • 11b · Fees: legal

    total $244,898 · program services $192,475 · management and general $52,423

  • 11c · Fees: accounting

    total $15,390 · management and general $15,390

  • 11f · Fees: investment management

    total $46,266 · management and general $46,266

  • 11g · Fees: other

    total $1,361,782 · program services $1,136,771 · management and general $158,462 · fundraising $66,549

  • 12 · Advertising and promotion

    total $3,897 · program services $3,065 · management and general $671 · fundraising $161

  • 13 · Office expenses

    total $34,739 · program services $19,937 · management and general $5,905 · fundraising $8,897

  • 14 · Information technology

    total $16,821 · program services $13,121 · management and general $2,861 · fundraising $839

  • 16 · Occupancy

    total $13,056 · program services $10,185 · management and general $2,219 · fundraising $652

  • 17 · Travel

    total $38,757 · program services $30,231 · management and general $6,590 · fundraising $1,936

  • 19 · Conferences, conventions and meetings

    total $18,466 · program services $14,405 · management and general $3,138 · fundraising $923

  • 22 · Depreciation, depletion and amortization

    total $11,333 · program services $8,841 · management and general $1,927 · fundraising $565

  • 23 · Insurance

    total $24,033 · program services $18,744 · management and general $4,086 · fundraising $1,203

  • 24a · Other expenses: TAXES AND LICENSES

    total $24,472 · program services $19,087 · management and general $4,161 · fundraising $1,224

  • 24b · Other expenses: REPAIRS

    total $15,987 · program services $15,987 · management and general $0 · fundraising $0

  • 24c · Other expenses: SUPPLIES

    total $6,378 · program services $4,975 · management and general $1,085 · fundraising $318

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $9,415,236 · end of year $10,443,020

  • 4 · Accounts receivable

    beginning of year $14,722 · end of year $12,300

  • 9 · Prepaid expenses and deferred charges

    end of year $2,979

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

    $9,929,319

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

    $108,251

  • 10c · Land, buildings and equipment, net

    beginning of year $8,708,972 · end of year $9,821,068

  • 11 · Investments: publicly traded securities

    beginning of year $4,411,212 · end of year $6,433,894

  • 12 · Investments: other securities

    beginning of year $2,735,603 · end of year $735,674

  • 15 · Other assets

    beginning of year $6,763 · end of year $5,203

  • 17 · Accounts payable and accrued expenses

    beginning of year $117,686 · end of year $209,710

  • 25 · Other liabilities

    beginning of year $9,277,470 · end of year $9,539,309

  • 27 · Net assets without donor restrictions

    beginning of year $15,515,385 · end of year $17,333,309

  • 28 · Net assets with donor restrictions

    beginning of year $381,967 · end of year $371,810

Mission and programs · 2023

Mission

KNLT IS WORKING TO PROTECT, CONNECT AND RESTORE WILDLANDS. OUR EFFORTS ARE AIMED AT PROTECTING BIODIVERSE AND CLIMATE RESILIENT LANDSCAPES IN WAYS THAT BENEFIT LOCAL, REGIONAL AND GLOBAL COMMUNITIES. WE WORK ON CONSERVATION PROJECTS STATEWIDE WITH A PRIMARY FOCUS ON THE PINE MOUNTAIN AND CUMBERLAND MOUNTAIN WILDLANDS CORRIDORS. SINCE 1995, WE HAVE PROTECTED OF 55,000 ACRES OF WILDLANDS THROUGHOUT KENTUCKY.

Activities or mission (Part I)

NATIONALLY ACCREDITED LAND TRUST WORKING TO PROTECT, CONNECT AND RESTORE WILDLANDS IN KENTUCKY.

  • KNLT IS WORKING TO PROTECT THE WILDLANDS CORRIDORS ALONG PINE AND CUMBERLAND MOUNTAINS AND OTHER IMPORTANT NATURAL AREAS STATEWIDE. KNLT'S FIRST PROJECT WAS RAISING FUNDS IN PARTNERSHIP WITH THE OFFICE OF KENTUCKY NATURE PRESERVES (FORMERLY KSNPC) TO PRESERVE KENTUCKY'S LARGEST OLD GROWTH FOREST NOW BLANTON FOREST STATE NATURE PRESERVE. SINCE THEN, KNLT HAS PROTECTED THOUSANDS OF ACRES OF KENTUCKY'S WILDLANDS STATEWIDE THROUGH ACQUISITIONS AND CONSERVATION EASEMENTS. THROUGH 2023, KNLT HAS DIRECTLY PURCHASED AND PROTECTED OVER 18,000 ACRES AND PARTNERED WITH OTHER CONSERVATION ORGANIZATIONS TO PROTECT AN ADDITIONAL 39,000 ACRES IN KENTUCKY, KNLT CONTINUES TO STEWARD THOUSANDS OF ACRES OF WILDLANDS - BOTH KNLT PRESERVES AND OTHER IMPORTANT CONSERVATION AREAS HELD BY PARTNERS.

    Expenses $1,880,639 · Revenue $92,625

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

Listed in Part VII

  • Greg Abernathy

    EXECUTIVE DIRECTOR

    Total calculated
    $127,179
    From this org
    $110,679
    From related orgs
    $0
    Other
    $16,500
    Hours/week
    40

  • Kelly Bartley

    CHAIR AND DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julia Taylor

    VICE CHAIR AND DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bert Lyons

    SECRETARY, TREASURER AND D

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Allan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Greg Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Premalatha Durham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Marc Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Melanie Ratliff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kathleen Shelton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Zoe Strecker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Zeb Weese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Bethany Baxter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Ivy Brashear

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Susan Hamilton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 October 2024
IRS schema version
2023v5.1
Source object
202422999349301597

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