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← WHITE BUFFALO LAND TRUST

Form 990 for tax year 2023

Filed by WHITE BUFFALO LAND TRUST.

Totals

Total revenue
$2,462,134
Total expenses
$1,982,443
Contributions and grants received
$2,045,472
Grants paid
$0
Program service revenue
$260,095
Investment income
$5,870
Other revenue
$150,697
Total assets, end of year
$4,723,500
Total liabilities, end of year
$502,875
Net assets or fund balances, end of year
$4,220,625
Program services expenses (Part IX)
$1,680,271
Management and general expenses
$178,257
Fundraising expenses
$123,915
Program service expenses (Part III)
$1,680,271

Program services were 84.8% 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)

    $132,687

  • 1f · All other contributions, gifts and grants

    $1,912,785

  • 2a · Program service revenue: PROGRAM REVENUE

    total $152,025 · related or exempt $152,025

  • 2b · Program service revenue: OTHER PROGRAM REVENUE

    total $71,235 · related or exempt $71,235

  • 2c · Program service revenue: LIVESTOCK REVENUE

    total $26,730 · related or exempt $26,730

  • 2d · Program service revenue: MERCHANDISE REVENUE

    total $9,705 · related or exempt $9,705

  • 2e · Program service revenue: CONSULTING REVENUE

    total $400 · related or exempt $400

  • 3 · Investment income

    total $3,234 · related or exempt $3,234

  • 7a · Gross sales of assets other than inventory

    securities $2,636

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

    securities $0

  • 7c · Gain or loss

    securities $2,636

  • 7d · Net gain or loss

    total $2,636 · related or exempt $2,636

  • 10a · Gross sales of inventory

    $182,803

  • 10b · Cost of goods sold

    $81,107

  • 10c · Net income from sales of inventory

    total $101,696 · related or exempt $101,696

  • 11a · Other revenue: INSURANCE PAYOUT

    total $29,567 · related or exempt $29,567

  • 11b · Other revenue: MISC. AG. REVENUE

    total $18,667 · related or exempt $18,667

  • 11c · Other revenue: OTHER INCOME

    total $767 · related or exempt $767

  • 11e · Other revenue, total

    $49,001

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $180,810 · program services $162,729 · management and general $14,465 · fundraising $3,616

  • 7 · Other salaries and wages

    total $493,548 · program services $444,193 · management and general $39,484 · fundraising $9,871

  • 10 · Payroll taxes

    total $49,861 · program services $44,875 · management and general $3,989 · fundraising $997

  • 11b · Fees: legal

    total $7,147 · program services $6,432 · management and general $572 · fundraising $143

  • 11c · Fees: accounting

    total $29,550 · program services $26,595 · management and general $2,364 · fundraising $591

  • 11g · Fees: other

    total $452,394 · program services $406,561 · management and general $37,396 · fundraising $8,437

  • 12 · Advertising and promotion

    total $57,409 · program services $45,928 · fundraising $11,481

  • 14 · Information technology

    total $5,056 · program services $2,528 · management and general $2,528

  • 16 · Occupancy

    total $12,410 · program services $11,169 · management and general $993 · fundraising $248

  • 17 · Travel

    total $24,915 · program services $22,424 · management and general $1,993 · fundraising $498

  • 20 · Interest

    total $28,492 · management and general $28,492

  • 22 · Depreciation, depletion and amortization

    total $45,277 · program services $45,277

  • 23 · Insurance

    total $41,081 · program services $36,973 · management and general $3,286 · fundraising $822

  • 24a · Other expenses: FARM EXPENSES

    total $227,029 · program services $204,326 · management and general $18,162 · fundraising $4,541

  • 24b · Other expenses: EVENT EXPENSES

    total $170,316 · program services $76,642 · management and general $17,032 · fundraising $76,642

  • 24c · Other expenses: PROGRAM EXPENSES

    total $64,984 · program services $64,984

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $18,184 · program services $16,365 · management and general $1,455 · fundraising $364

  • 24e · All other expenses

    total $73,980 · program services $62,270 · management and general $6,046 · fundraising $5,664

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,339 · end of year $293

  • 2 · Savings and temporary cash investments

    beginning of year $496,472 · end of year $891,882

  • 8 · Inventories for sale or use

    beginning of year $102,855 · end of year $142,633

  • 9 · Prepaid expenses and deferred charges

    end of year $8,664

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

    $3,724,472

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

    $111,007

  • 10c · Land, buildings and equipment, net

    beginning of year $3,602,470 · end of year $3,613,465

  • 14 · Intangible assets

    beginning of year $10,096 · end of year $7,680

  • 15 · Other assets

    beginning of year $46,707 · end of year $58,883

  • 17 · Accounts payable and accrued expenses

    beginning of year $5 · end of year $22,875

  • 23 · Secured mortgages and notes payable

    beginning of year $450,000 · end of year $420,000

  • 24 · Unsecured notes and loans payable

    beginning of year $70,000 · end of year $60,000

  • 27 · Net assets without donor restrictions

    beginning of year $3,740,934 · end of year $4,220,625

Mission and programs · 2023

Mission

WHITE BUFFALO LAND TRUST PRACTICES, PROMOTES, AND DEVELOPS SYSTEMS OF REGENERATIVE AGRICULTURE FOR LOCAL, REGIONAL, AND GLOBAL IMPACT.WE ARE COMMITTED TO THE EVOLUTION OF LAND STEWARDSHIP AND THE REDESIGN OF OUR FOOD SYSTEM TO DIRECTLY ADDRESS THE CLIMATE, BIODIVERSITY, PUBLIC HEALTH, AND FOOD SECURITY CHALLENGES THAT WE FACE TODAY.

Activities or mission (Part I)

WHITE BUFFALO LAND TRUST HAS FOUR PRIMARY FIELDS OF FOCUS: LAND STEWARDSHIP, EDUCATION AND TRAINING, MONITORING AND RESEARCH, AND ENTERPRISE DEVELOPMENT. OUR APPROACH IS CIRCULAR WHERE THE REGENERATIVE PRINCIPLES AND PRACTICES WE MODEL ON THE LAND SERVE AS A LIVING LABORATORY FOR RESEARCH AND TEACHING, WHICH IN TURN IMPROVES OUR LAND STEWARDSHIP PRACTICES AND TRAINS ADDITIONAL FARMERS AND RANCHERS. ALL OF THIS WORK BRINGS REGENERATIVELY PRODUCED PRODUCTS INTO THE MARKETPLACE AND CATALYZES THE FORCES OF SUPPLY AND DEMAND.

  • WE ESTABLISHED THE 1,000-ACRE CENTER FOR REGENERATIVE AGRICULTURE AT THE JALAMA CANYON RANCH IN SANTA BARBARA COUNTY, CALIFORNIA. THE CENTER IS A DEMONSTRATION, LEARNING, AND TEACHING HUB FOR THE EVOLUTION OF LAND STEWARDSHIP AND PARTICIPATING IN THE SOLUTIONS TO THE CLIMATE, BIODIVERSITY, PUBLIC HEALTH, AND FOOD SECURITY CHALLENGES THAT WE FACE TODAY.

    Expenses $1,680,271 · Revenue $260,095

  • WE HAVE INFLUENCED MANAGEMENT PRACTICES ON OVER 119,000 ACRES OF LAND THROUGH OUR CONSULTING AND TRAINING PROGRAMS.

  • WE HAVE DIRECTLY ENGAGED 2,039 COMMUNITY MEMBERS IN OUR EDUCATION PROGRAMS AND ANOTHER 16,000+ THROUGH OUR OPT-IN DIGITAL COMMUNITY.

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

Listed in Part VII

  • Steve Finkel

    PRESIDENT / DIRECTOR

    Total calculated
    $180,810
    From this org
    $180,810
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,060
    Bonus
    $18,750
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $180,810
  • Kevin Brine

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Beth Collins

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Ryan Muzzy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Bobby Turner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    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. 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 · 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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349316671

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