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Nonprofiteer
← NATURES CAPITAL INC

Form 990 for tax year 2024

Filed by NATURES CAPITAL INC.

Totals

Total revenue
$9,221,357
Total expenses
$4,989,131
Contributions and grants received
$8,838,498
Grants paid
$4,396,078
Program service revenue
$280,601
Investment income
$102,258
Other revenue
$0
Total assets, end of year
$6,473,739
Total liabilities, end of year
$282,751
Net assets or fund balances, end of year
$6,190,988
Program services expenses (Part IX)
$4,957,280
Management and general expenses
$31,851
Fundraising expenses
$0
Program service expenses (Part III)
$4,957,280

Program services were 99.4% 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)

    $8,838,498

  • 2a · Program service revenue: BLUE LOAN ADMIN FEES

    total $280,601 · related or exempt $280,601

  • 3 · Investment income

    total $79,733 · excluded $79,733

  • 7a · Gross sales of assets other than inventory

    securities $22,525

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

    securities $0

  • 7c · Gain or loss

    securities $22,525

  • 7d · Net gain or loss

    total $22,525 · excluded $22,525

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,396,078 · program services $4,396,078

  • 11b · Fees: legal

    total $413 · management and general $413

  • 11c · Fees: accounting

    total $6,000 · management and general $6,000

  • 11f · Fees: investment management

    total $16,495 · management and general $16,495

  • 24a · Other expenses: DEBT SERVICE FEES

    total $561,202 · program services $561,202

  • 24b · Other expenses: DUES, FEES, AND LICENSE

    total $8,943 · management and general $8,943

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $618,765 · end of year $376,391

  • 3 · Pledges and grants receivable

    end of year $1,095,385

  • 11 · Investments: publicly traded securities

    beginning of year $1,567,544 · end of year $5,001,963

  • 17 · Accounts payable and accrued expenses

    beginning of year $567,769 · end of year $282,751

  • 27 · Net assets without donor restrictions

    beginning of year $50,996 · end of year $5,703,695

  • 28 · Net assets with donor restrictions

    beginning of year $1,567,544 · end of year $487,293

Mission and programs · 2024

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

TO SUPPORT THE NATURE CONSERVANCY (TNC) BY FURTHERING TNC'S CONSERVATION MISSION.

  • NATURES CAPITAL INC (NC) SUPPORTS TNC THROUGH ENTERING INTO FINANCIAL AND CONSERVATION AGREEMENTS WITH OTHER NATIONS AND NON-PROFITS.NC, THROUGH ITS DISREGARDED ENTITY, GABON BLUE CONSERVATION LLC (GBC), ENTERED INTO A FRAMEWORK AGREEMENT WITH THE GABONESE REPUBLIC AS OF AUGUST 7, 2023. AS PART OF THE TRANSACTION, GABON RETIRED EXISTING DEBT WITH NEW DEBT UNDER A BLUE LOAN, WITH GBC SERVING AS A CONSERVATION ORGANIZATION AND ADMINISTRATOR IN THIS AGREEMENT. AS PART OF THE TRANSACTION, GABON COMMITTED TO A NUMBER OF ENVIRONMENTAL AND FINANCING COMMITMENTS TO SUPPORT MARINE CONSERVATION, NATURE-BASED STRATEGIES FOR CLIMATE ADAPTATION, AND SUSTAINABLE ECONOMIC DEVELOPMENT IN GABON. NC IS ABLE TO SUPPORT THE CONSERVATION OF GABON THROUGH:1) MAKING GRANTS (THROUGH GBC) TO FONDS DE PRESERVATION DE LA BIODIVERSITE AU GABON, A 501(C)(3) TAX-EXEMPT U.S. CONSERVATION TRUST FUND THAT WILL OPERATE IN GABON AND ENGAGE IN MARINE CONSERVATION ACTIVITIES. 2) HOLDING AND ADMINISTERING AN ENDOWMENT FUNDED BY THE GABONESE REPUBLIC THAT WILL BE USED TO FUND MARINE AND MARINE-RELATED CONSERVATION AND SUSTAINABLE DEVELOPMENT PROJECTS.

    Expenses $4,957,280 · Grants $4,396,078 · Revenue $280,601

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Schutes

    TREASURER & DIRECTOR

    Total calculated
    $359,716
    From this org
    $0
    From related orgs
    $326,400
    Other
    $33,316
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $318,018 related
    Bonus
    $0
    Other
    $0 + $8,382 related
    Deferred
    $0 + $25,729 related
    Nontaxable benefits
    $0 + $7,587 related
    Filer's total
    $0 + $359,716 related
  • Melissa Garvey

    VP & DIRECTOR

    Total calculated
    $271,233
    From this org
    $0
    From related orgs
    $239,170
    Other
    $32,063
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,947 related
    Bonus
    $0
    Other
    $0 + $1,223 related
    Deferred
    $0 + $19,494 related
    Nontaxable benefits
    $0 + $12,569 related
    Filer's total
    $0 + $271,233 related
  • Svetoslav Gatchev

    PRESIDENT & DIRECTOR

    Total calculated
    $354,309
    From this org
    $0
    From related orgs
    $311,834
    Other
    $42,475
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,456 related
    Bonus
    $0 + $9,900 related
    Other
    $0 + $1,478 related
    Deferred
    $0 + $23,893 related
    Nontaxable benefits
    $0 + $18,582 related
    Filer's total
    $0 + $354,309 related
  • Leah Carriere

    SECRETARY

    Total calculated
    $147,982
    From this org
    $0
    From related orgs
    $129,163
    Other
    $18,819
    Hours/week
    1 + 35 related

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

None.

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

The filer's explanations (Part III)

SCHEDULE J, PART II
NATURES CAPITAL INC (NC) HAS NO EMPLOYEES OF ITS OWN. ITS OFFICERS RECEIVE COMPENSATION FROM A RELATED ORGANIZATION, THE NATURE CONSERVANCY.

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

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.

  • FONDS DE PRESERVATION DE LA BIODIVERSITE AU GABON

    501(C)(3) · CONSERVATION · DE

  • BELIZE MAYA FOREST TRUST

    CONSERVATION · BH

    Directly controlled by THE NATURE CONSERVANCY

  • BLUE INVESTMENTS FOR NATURE INC

    501(C)(3) · CONSERVATION · DE

    Directly controlled by THE NATURE CONSERVANCY

  • CONSERVATION FARMS & RANCHES

    501(C)(3) · CONSERVATION · CA

    Directly controlled by THE NATURE CONSERVANCY

  • ECOLOGICAL TRUST FUND OF PANAMA

    501(C)(4) · GRANTMAKING · PM

    Directly controlled by THE NATURE CONSERVANCY

  • FUNDACION THE NATURE CONSERVANCY OF PANAMA

    CONSERVATION · PM

    Directly controlled by THE NATURE CONSERVANCY

  • INSTITUTO DE CONSERVACAO AMBIENTAL THE NATURE CONSERVANCY BRAZIL - TNC

    CONSERVATION · BR

    Directly controlled by THE NATURE CONSERVANCY

  • LOISABA COMMUNITY TRUST

    CONSERVATION · KE

    Directly controlled by THE NATURE CONSERVANCY

  • NATURE CONSERVATION WATER FUND PTY LTD

    CONSERVATION · AS

    Directly controlled by THE NATURE CONSERVANCY

  • NATURE UNITED

    CONSERVATION · CA

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY

    501(C)(3) · CONSERVATION · DC

  • THE NATURE CONSERVANCY HONG KONG FOUNDATION LIMITED

    CONSERVATION · HK

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY IN EUROPE GEMEINNUTZIGE GMBH

    CONSERVATION · GM

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY IN SWITZERLAND FOUNDATION

    CONSERVATION · SZ

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY LIMITED (AUSTRALIA)

    CONSERVATION · AS

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY OF SOUTH AFRICA NPC

    CONSERVATION · SF

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY SINGAPORE LIMITED

    CONSERVATION · SN

    Directly controlled by THE NATURE CONSERVANCY

  • THE NATURE CONSERVANCY TRUST

    CONSERVATION · NZ

    Directly controlled by THE NATURE CONSERVANCY

  • TNC - THE NATURE CONSERVANCY CENTRE

    CONSERVATION · IN

    Directly controlled by THE NATURE CONSERVANCY

  • TNC CONSERVACIN DE LA NATURAZALA ASOCIACIN CIVIL

    CONSERVATION · MX

    Directly controlled by THE NATURE CONSERVANCY

  • TNC NEW ZEALAND TRUST

    CONSERVATION · NZ

    Directly controlled by THE NATURE CONSERVANCY

  • YAYASAN KONSERVASI ALAM NUSANTARA

    CONSERVATION · ID

    Directly controlled by THE NATURE CONSERVANCY

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GABON BLUE CONSERVATION LLC

    CONSERVATION · DE · income $9,221,357 · assets $6,473,739

    Directly controlled by NATURES CAPITAL INC

  • ETERNAL MONGOLIA LLC

    CONSERVATION · DE · income $0 · assets $0

    Directly controlled by NATURES CAPITAL INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AFRICAN CONSERVATION & COMMUNITIES TOURISM FUND LP

    INVESTMENT · MP

  • ALPINE INVESTORS IV-A LP

    INVESTMENT · CA

  • CENTRAL CASCADES FOREST LLC

    CONSERVATION · DE

  • CUMBERLAND FOREST LP

    CONSERVATION · DE

  • MONTANA CHECKERBOARD LLC

    CONSERVATION · DE

  • WIREFRAME VENTURES LP

    INVESTMENT · CA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BARBADOS BLUE CONSERVATION TRUST

    T · ENDOWMENT · DE

  • COLCHECCIO LIMITED

    C · CONSERVATION · KE

  • FIDEICOMISO FORTIN CHACABUCO

    C · CONSERVATION · AR

  • FORTIN SA

    C · CONSERVATION · AR

  • GLENNMONT REBS EUROPE FEEDER FUND I SCSP

    C · INVESTMENT · LU

  • MONTARK INC

    C · CONSERVATION · NY

  • NATURE CONSERVANCY INDIA SOLUTIONS PRIVATE LIMITED

    C · CONSERVATION · IN

  • ORYX LIMITED

    C · MANAGEMENT COMPANY · KE

  • PACIFIC ISLAND TUNA IMPORTS LTD

    C · MANAGEMENT COMPANY · DE

  • PACIFIC ISLAND TUNA PROVISIONS LLC

    C · TUNA PRODUCTION · MH

  • PT ALAM BENTALA NUSANTARA

    C · FOREST CONCESSION · ID

  • PT HUTAN KELAY LESTARI

    C · FOREST CONCESSION · ID

  • PT PUTRI NAGA KOMODO

    C · CONSERVATION · ID

  • PT WANA BHAKTI PERSADA UTAMA

    C · FOREST CONCESSION · ID

  • THE NATURE CONSERVANCY OF NEW MEXICO

    C · CONSERVATION · NM

  • TNC IMPACT CAPITAL INC

    C · CONSERVATION · DE

  • TNC IMPACT HOLDINGS ONE INC

    C · INVESTMENT · VA

  • TNC REAL ASSETS HOLDINGS LLC

    C · INVESTMENT · VA

  • TNC SUSTAINABLE WATER HOLDINGS INC

    C · INVESTMENT · DE

  • THE GREAT CUMBUNG PTY LTD

    C · CONSERVATION · AS

  • BOLLOREI LIMITED

    C · CONSERVATION · KE

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.5
Source object
202611349349312591

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