Totals
- Total revenue
- $1,319,677
- Total expenses
- $867,012
- Contributions and grants received
- $1,182,373
- Grants paid
- $0
- Program service revenue
- $266,250
- Investment income
- -$136,158
- Other revenue
- $7,212
- Total assets, end of year
- $7,918,914
- Total liabilities, end of year
- $308,759
- Net assets or fund balances, end of year
- $7,610,155
- Program services expenses (Part IX)
- $748,169
- Management and general expenses
- $92,603
- Fundraising expenses
- $26,240
- Program service expenses (Part III)
- $748,169
Program services were 86.3% 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
$133,756
-
1e · Government grants (contributions)
$142,122
-
1f · All other contributions, gifts and grants
$906,495
-
1g · Noncash contributions included above
$445,800
-
2a · Program service revenue: STEWARDSHIP FEES
total $152,750 · related or exempt $152,750
-
2b · Program service revenue: EASEMENT FEES
total $113,500 · related or exempt $113,500
-
3 · Investment income
total $130,679 · excluded $130,679
-
6a · Gross rents
real property $7,212
-
6c · Rental income or loss
real property $7,212
-
6d · Net rental income or loss
total $7,212 · excluded $7,212
-
7a · Gross sales of assets other than inventory
securities $568,172 · other assets $850,000
-
7b · Less cost or other basis and sales expenses
securities $583,159 · other assets $1,101,850
-
7c · Gain or loss
securities -$14,987 · other assets -$251,850
-
7d · Net gain or loss
total -$266,837 · excluded -$266,837
-
8a · Fundraising events: gross income
$118,557
-
8a · Fundraising events: contributions included on line 1c
$133,756
-
8b · Fundraising events: direct expenses
$118,557
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $104,896 · program services $94,916 · management and general $6,875 · fundraising $3,105
-
7 · Other salaries and wages
total $339,531 · program services $313,401 · management and general $18,707 · fundraising $7,423
-
9 · Other employee benefits
total $24,892 · program services $23,154 · management and general $942 · fundraising $796
-
10 · Payroll taxes
total $34,309 · program services $31,265 · management and general $1,977 · fundraising $1,067
-
11b · Fees: legal
total $33,060 · program services $33,060
-
11c · Fees: accounting
total $30,793 · program services $2,400 · management and general $28,393
-
11g · Fees: other
total $15,804 · program services $14,224 · management and general $1,580
-
13 · Office expenses
total $10,248 · program services $7,799 · management and general $2,201 · fundraising $248
-
16 · Occupancy
total $45,946 · program services $27,568 · management and general $9,189 · fundraising $9,189
-
17 · Travel
total $15,554 · program services $15,297 · management and general $257
-
19 · Conferences, conventions and meetings
total $6,262 · program services $6,262
-
22 · Depreciation, depletion and amortization
total $6,996 · program services $6,996
-
23 · Insurance
total $8,874 · program services $4,943 · management and general $3,179 · fundraising $752
-
24a · Other expenses: DONATED PROPERTY COSTS
total $80,896 · program services $80,896
-
24b · Other expenses: PRINTING AND REPRO.
total $28,236 · program services $24,969 · management and general $2,349 · fundraising $918
-
24c · Other expenses: EDUCATION & OUTREACH
total $19,787 · program services $17,194 · management and general $2,345 · fundraising $248
-
24d · Other expenses: STEWARDSHIP
total $15,496 · program services $15,496
-
24e · All other expenses
total $45,432 · program services $28,329 · management and general $14,609 · fundraising $2,494
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $436,538 · end of year $1,125,819
-
3 · Pledges and grants receivable
beginning of year $168,939 · end of year $142,122
-
4 · Accounts receivable
beginning of year $197,100 · end of year $129,250
-
9 · Prepaid expenses and deferred charges
beginning of year $6,602 · end of year $8,796
-
10a · Land, buildings and equipment: cost or other basis
$54,872
-
10b · Land, buildings and equipment: accumulated depreciation
$28,316
-
10c · Land, buildings and equipment, net
beginning of year $33,552 · end of year $26,556
-
11 · Investments: publicly traded securities
beginning of year $3,945,238 · end of year $4,834,498
-
13 · Investments: program-related
beginning of year $2,100,000 · end of year $1,410,000
-
15 · Other assets
beginning of year $279,878 · end of year $241,873
-
17 · Accounts payable and accrued expenses
beginning of year $47,271 · end of year $36,374
-
19 · Deferred revenue
beginning of year $22,530 · end of year $22,000
-
25 · Other liabilities
beginning of year $330,171 · end of year $250,385
-
27 · Net assets without donor restrictions
beginning of year $6,608,765 · end of year $7,351,301
-
28 · Net assets with donor restrictions
beginning of year $159,110 · end of year $258,854
Mission and programs · 2023
Mission
TO OPERATE AS LTV FOR THE PURPOSE OF PROMOTING THE PRESERVATION, PROTECTION AND BALANCED USE OF NATURAL, SCENIC, AND HISTORIC RESOURCES IN THE COMMONWEALTH OF VIRGINIA THROUGH CONSERVATION EASEMENTS AND OWNERSHIP.
Activities or mission (Part I)
LTV PROMOTES THE PRESERVATION,PROTECTION AND USE OF THE NATURAL, SCENIC, AND HISTORIC RESOURCES.
-
ACQUIRE CONSERVATION LAND EASEMENTS AND EDUCATE THE PUBLIC ABOUT THE VALUE OF PROTECTING NATURAL AND HISTORIC RESOURCES.
Expenses $411,476 · Revenue $266,250
-
MONITOR, DEFEND, AND ENFORCE THE ACQUIRED CONSERVATION LAND EASEMENTS TO ENSURE PROTECTION IN PERPETUITY.
Expenses $119,252
-
PUBLIC INFORMATION, EDUCATION AND OUTREACH.
Expenses $217,441
As filed on the 2023 return.
Listed in Part VII
-
Ashton ColeASHTON COLE
EXECUTIVE DI
- Total calculated
- $113,545
- From this org
- $104,896
- From related orgs
- $0
- Other
- $8,649
- Hours/week
- 40
-
Childs F BurdenCHILDS F BURDEN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Polly L GaultPOLLY L GAULT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 15
-
Rebecca McDermottREBECCA MCDERMOTT
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Steffanie BurgevinSTEFFANIE BURGEVIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
John BryantJOHN BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher C DematatisCHRISTOPHER C DEMATATIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Polly L GaultPOLLY L GAULT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie L KenyonSTEPHANIE L KENYON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
C Dulany MorisonC DULANY MORISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathon NucklesJONATHON NUCKLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lilla OhrstromLILLA OHRSTROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sally B PriceSALLY B PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip D PaschallPHILIP D PASCHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin RamundoKEVIN RAMUNDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claude SchochCLAUDE SCHOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Birge S WatkinsBIRGE S WATKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa WinchesterMELISSA WINCHESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411359349308936
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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