Form 990 for tax year 2022

Filed by EMERALD NECKLACE CONSERVANCY INC.

Totals

Total revenue: $5,361,014
Total expenses: $2,576,736
Contributions and grants received: $4,995,859
Grants paid: $32,000
Program service revenue: $0
Investment income: $351,633
Other revenue: $13,522
Total assets, end of year: $9,926,047
Total liabilities, end of year: $171,131
Net assets or fund balances, end of year: $9,754,916
Program services expenses (Part IX): $1,262,888
Management and general expenses: $590,691
Fundraising expenses: $723,157
Program service expenses (Part III): $1,262,888

Program services were 49.0% 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.

1c · Fundraising events

$284,251
1e · Government grants (contributions)

$329,100
1f · All other contributions, gifts and grants

$4,382,508
1g · Noncash contributions included above

$14,677
3 · Investment income

total $122,830 · excluded $122,830
7a · Gross sales of assets other than inventory

securities $1,188,883
7b · Less cost or other basis and sales expenses

securities $960,080
7c · Gain or loss

securities $228,803
7d · Net gain or loss

total $228,803 · excluded $228,803
8a · Fundraising events: gross income

$315,359
8a · Fundraising events: contributions included on line 1c

$284,251
8b · Fundraising events: direct expenses

$301,837
8c · Net income from fundraising events

total $13,522 · excluded $13,522

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $16,000 · program services $16,000
2 · Grants to domestic individuals

total $16,000 · program services $16,000
5 · Compensation of officers, directors and key employees

total $201,024 · program services $131,220 · management and general $27,403 · fundraising $42,401
7 · Other salaries and wages

total $953,057 · program services $496,735 · management and general $121,860 · fundraising $334,462
9 · Other employee benefits

total $75,180 · program services $40,147 · management and general $9,675 · fundraising $25,358
10 · Payroll taxes

total $93,996 · program services $36,022 · management and general $27,757 · fundraising $30,217
11a · Fees: management

total $69,148 · management and general $69,148
11b · Fees: legal

total $11,710 · management and general $11,710
11c · Fees: accounting

total $125,333 · management and general $125,333
11f · Fees: investment management

total $40,877 · management and general $40,877
11g · Fees: other

total $515,680 · program services $344,634 · management and general $14,488 · fundraising $156,558
12 · Advertising and promotion

total $3,905 · program services $309 · management and general $349 · fundraising $3,247
13 · Office expenses

total $115,538 · program services $56,587 · management and general $36,087 · fundraising $22,864
14 · Information technology

total $66,976 · program services $15,102 · management and general $24,195 · fundraising $27,679
16 · Occupancy

total $70,193 · program services $42,978 · management and general $7,708 · fundraising $19,507
17 · Travel

total $20,946 · program services $12,857 · management and general $7,357 · fundraising $732
22 · Depreciation, depletion and amortization

total $33,179 · program services $18,033 · management and general $4,290 · fundraising $10,856
23 · Insurance

total $31,856 · program services $14,255 · management and general $9,044 · fundraising $8,557
24a · Other expenses: PROGRAM MATERIALS AND E

total $100,501 · program services $21,174 · management and general $38,698 · fundraising $40,629
24b · Other expenses: STAFF RECRUITMENT AND D

total $15,637 · program services $835 · management and general $14,712 · fundraising $90

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,134,507 · end of year $1,985,457
2 · Savings and temporary cash investments

beginning of year $342,519 · end of year $817,218
3 · Pledges and grants receivable

beginning of year $705,080 · end of year $199,437
9 · Prepaid expenses and deferred charges

beginning of year $45,741 · end of year $58,196
10a · Land, buildings and equipment: cost or other basis

$991,811
10b · Land, buildings and equipment: accumulated depreciation

$342,465
10c · Land, buildings and equipment, net

beginning of year $682,524 · end of year $649,346
11 · Investments: publicly traded securities

beginning of year $4,131,799 · end of year $6,216,393
17 · Accounts payable and accrued expenses

beginning of year $189,127 · end of year $171,131
27 · Net assets without donor restrictions

beginning of year $4,322,160 · end of year $4,845,397
28 · Net assets with donor restrictions

beginning of year $2,530,883 · end of year $4,909,519

Mission and programs · 2022

Mission

TO RESTORE AND IMPROVE THE EMERALD NECKLACE FOR ALL.

COMMUNITY PROGRAMS - PARK MAINTENANCE AND RESTORATION PROGRAMS CONTINUED IN FY 2023 WITH THE FREE AND PUBLIC MUDDY RIVER CLEAN UP, TUESDAYS WITH ROSES, SECOND SATURDAYS AND DO-IT-YOURSELF PARK CLEAN UP KITS. THE CONSERVANCY ALSO HELD 18 DAY IN THE DIRT PRIVATE VOLUNTEER DAYS FOR CORPORATE OR INSTITUTIONAL GROUPS IN FY 2023.THE CONSERVANCY CONTINUED ITS FOCUS ON REVITALIZING CHARLESGATE AT THE NEXUS OF KENMORE SQUARE, THE FENWAY AND THE BACK BAY. THE CONSERVANCY'S WATERING TRUCK, PURCHASED AT THE END OF FY 2021, HAS ENABLED THE CONSERVANCY TO INCREASE CAPACITY AND IMPROVE THE HEALTH OF THE NECKLACE'S YOUNGEST TREES. IN FY 2023 THE CONSERVANCY WATERED 200 TREES IN THE EMERALD NECKLACE, UP 81% OVER THE PREVIOUS YEAR. WATERING IS A CRITICAL EFFORT IN SUPPORTING THE ESTABLISHMENT OF YOUNG TREES.

Expenses $446,822
MAINTENANCE, RESTORATION AND PRESERVATION - THE EMERALD NECKLACE CONSERVANCY ADVOCATES FOR AND CONSERVES THE EMERALD NECKLACE THROUGH PROJECTS AND PROGRAMS TO RESTORE AND RENEW THE LANDSCAPE, WATERWAYS AND PARKWAYS OF THE OLMSTED-DESIGNED PARK SYSTEM. THE CONSERVANCY BRINGS TOGETHER THE MANY PUBLIC AND PRIVATE PARK PARTNERS TO PRIORITIZE, FUND AND IMPLEMENT RESTORATION INITIATIVES THROUGHOUT THE PARK SYSTEM.

Expenses $451,903
OLMSTED TREE SOCIETY - THE OLMSTED TREE SOCIETY WAS FOUNDED IN 2013 AS THE 10TH ANNIVERSARY PROJECT OF PARTY IN THE PARK TO PRESERVE AND MAINTAIN TREES IN THE EMERALD NECKLACE. CONTRIBUTIONS TO THE OLMSTED TREE SOCIETY HAVE PROVIDED OVER $2.9 MILLION FOR THE IMPORTANT WORK OF ASSESSING THE CONDITION OF TREES IN THE EMERALD NECKLACE AND PLANNING TO ENSURE THEIR HEALTHY FUTURE. THE OLMSTED TREE SOCIETY PROTECTS HEALTHY TREES WITH SELECTIVE PRUNING AND SOIL ENHANCEMENT AND PLANTS NEW TREES TO GROW THE TREE CANOPY THROUGHOUT THE EMERALD NECKLACE. IN FY 2023, THE CONSERVANCY PLANTED 10 NEW TREES IN THE BACK BAY FENS AND CONDUCTED A TREE INVENTORY OF 1,560 TREES IN OLMSTED PARK TO PREPARE FOR A PRUNING PROJECT IN FY 2024.

Expenses $32,000 · Grants $32,000
EDUCATION AND VISITOR SERVICES - THE CONSERVANCY'S SHATTUCK VISITOR CENTER IS LOCATED IN THE BACK BAY FENS AT 125 THE FENWAY, ACROSS THE STREET FROM THE MUSEUM OF FINE ARTS. THE VISITOR CENTER IS BOTH AN EDUCATIONAL RESOURCE ABOUT THE PARKS AND A GATHERING PLACE FOR THE COMMUNITY. A HUB OF ACTIVITY, YOU'LL FIND A VARIETY OF FREE THINGS TO DO IN BOSTON PARKS AT THE SHATTUCK VISITOR CENTER - FROM WALKING TOURS TO TALKS AND EXHIBITS.YOUTH EDUCATION PROGRAMS INCLUDE CANOPY CLASSROOM, A FIELD TRIP PROGRAM FOR ELEMENTARY SCHOOL STUDENTS FROM BOSTON PUBLIC SCHOOLS TO THE EMERALD NECKLACE; GREEN TEAM, A SUMMER WORK PROGRAM FOR HIGH-SCHOOL STUDENTS WHICH PAIRS HANDS ON LEARNING OF HORTICULTURE IN THE PARKS WITH CAREER EXPLORATION, PERSONAL DEVELOPMENT AND NATURE APPRECIATION; AND NATURAL WAYS, A NATURE-BASED SUMMER CAMP FOR MIDDLE SCHOOL STUDENTS IN PARTNERSHIP WITH LOCAL BOYS & GIRLS CLUBS AND YMCAS TO PROVIDE A SAFE SPACE FOR YOUTH TO EXPLORE AND LEARN OUTDOORS.

Expenses $332,163

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Cook Jr John RCOOK JR JOHN R

DIRECTOR

Total calculated

$0

Hours/week

2
Swift LeoSWIFT LEO

DIRECTOR

Total calculated

$0

Hours/week

1
Taylor BenjaminTAYLOR BENJAMIN

CHAIR

Total calculated

$0

Hours/week

4
Chu Ellie CornishCHU ELLIE CORNISH

CLERK

Total calculated

$0

Hours/week

1
Hall MartinHALL MARTIN

TREASURER

Total calculated

$0

Hours/week

2
Freeman SarahFREEMAN SARAH

DIRECTOR

Total calculated

$0

Hours/week

1
Gordon Julie HumeGORDON JULIE HUME

DIRECTOR

Total calculated

$0

Hours/week

1
Greville MarjorieGREVILLE MARJORIE

DIRECTOR

Total calculated

$0

Hours/week

1
Millen BarbaraMILLEN BARBARA

VICE CHAIR

Total calculated

$0

Hours/week

1
Moreau LeeMOREAU LEE

DIRECTOR

Total calculated

$0

Hours/week

1
Landsmark TedLANDSMARK TED

VICE CHAIR

Total calculated

$0

Hours/week

1
Kunian Lois RKUNIAN LOIS R

DIRECTOR

Total calculated

$0

Hours/week

1
Robinson JoannROBINSON JOANN

DIRECTOR

Total calculated

$0

Hours/week

1
Beale PamBEALE PAM

DIRECTOR

Total calculated

$0

Hours/week

1
Bunch KarenlynBUNCH KARENLYN

DIRECTOR

Total calculated

$0

Hours/week

1
Goldberg Joan HelpernGOLDBERG JOAN HELPERN

DIRECTOR

Total calculated

$0

Hours/week

1
Lingos-Papliodis SofiaLINGOS-PAPLIODIS SOFIA

DIRECTOR

Total calculated

$0

Hours/week

1
Velasquez-Heller KateVELASQUEZ-HELLER KATE

DIRECTOR

Total calculated

$0

Hours/week

1
Bailey LouisBAILEY LOUIS

DIRECTOR

Total calculated

$0

Hours/week

1
Cusick ChristineCUSICK CHRISTINE

DIRECTOR

Total calculated

$0

Hours/week

1
Gray StephenGRAY STEPHEN

DIRECTOR

Total calculated

$0

Hours/week

1
Bhabhalia SonyaBHABHALIA SONYA

DIRECTOR

Total calculated

$0

Hours/week

1
Hastings LisaHASTINGS LISA

DIRECTOR

Total calculated

$0

Hours/week

1
Moon DanielMOON DANIEL

DIRECTOR

Total calculated

$0

Hours/week

1
Dukakis MichaelDUKAKIS MICHAEL

DIRECTOR

Total calculated

$0

Hours/week

1
Mauney-Brodek KarenMAUNEY-BRODEK KAREN

PRESIDENT

Total calculated

$193,861

From this org

$187,337

From related orgs

$0

Other

$6,524

Hours/week

40

Schedule J breakdown matched by us

Base

$187,337

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$6,524

Filer's total

$193,861
Trufanova VeronikaTRUFANOVA VERONIKA

DIRECTOR OF DEVELOPMENT

Total calculated

$151,831

From this org

$133,237

From related orgs

$0

Other

$18,594

Hours/week

40

Schedule J breakdown matched by us

Base

$133,237

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$18,594

Filer's total

$151,831
Mergel JenniferMERGEL JENNIFER

PROGRAM AND EVENTS MANAGER

Total calculated

$120,334

From this org

$111,655

From related orgs

$0

Other

$8,679

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 · Written employment contract
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

NOPI - NONPROFIT INCUBATOR

$16,000

OLMSTED NOW PARKS EQUITY AND SPACIAL JUSTICE PROJECT ON BOSTON GREENSPACE FOR INDIGENOUS PEOPLES' MEDICINE FIRE

Provenance

Return type: form_990
Tax year: 2022
Filed: 30 July 2024
IRS schema version: 2022v5.0
Source object: 202442129349301574

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.