Skip to content
Nonprofiteer
← ECLT FOUNDATION

Form 990 for tax year 2024

Filed by ECLT FOUNDATION.

Totals

Total revenue
$62,224
Total expenses
$59,296
Contributions and grants received
$38,000
Grants paid
$0
Program service revenue
$24,125
Investment income
$99
Other revenue
$0
Total assets, end of year
$2,175,787
Total liabilities, end of year
$2,000
Net assets or fund balances, end of year
$2,173,787
Program services expenses (Part IX)
$56,589
Management and general expenses
$1,759
Fundraising expenses
$948
Program service expenses (Part III)
$56,589

Program services were 95.4% 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.

  • 1f · All other contributions, gifts and grants

    $38,000

  • 2a · Program service revenue: THORNHILL FARMS

    total $24,125 · excluded $24,125

  • 3 · Investment income

    total $99 · related or exempt $99

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $2,037 · program services $1,190 · management and general $434 · fundraising $413

  • 16 · Occupancy

    total $40,631 · program services $40,631

  • 22 · Depreciation, depletion and amortization

    total $8,389 · program services $7,970 · management and general $419

  • 24a · Other expenses: TAXES & LICENSES

    total $8,239 · program services $6,798 · management and general $906 · fundraising $535

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,291 · end of year $21,099

  • 9 · Prepaid expenses and deferred charges

    end of year $9,726

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

    $2,218,463

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

    $73,502

  • 10c · Land, buildings and equipment, net

    beginning of year $2,117,350 · end of year $2,144,961

  • 15 · Other assets

    beginning of year $1 · end of year $1

  • 25 · Other liabilities

    beginning of year $2,783 · end of year $2,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,170,859 · end of year $2,173,787

Mission and programs · 2024

Mission

THE ECLT FOUNDATION IS AN ORGANIZATION WHICH SUPPORTS THE EFFORTS OF LOWCOUNTRY LAND TRUST BY OWNING AND MANAGING LAND WHICH HAS BEEN PROTECTED TO BENEFIT PEOPLE AND THE ENVIRONMENT BOTH NOW AND FOREVER.

  • THE FOUNDATION CONTINUES TO HOLD TITLE TO SEVERAL PROPERTIES INCLUDING THORNHILL FARMS, SOMERSET OAKS, AVENUE OF OAKS PARK, AND CONCH CREEK ISLAND. EACH OF THESE PROPERTIES ARE MANAGED THROUGH THIS ORGANIZATION TO BENEFIT PEOPLE AND THE ENVIRONMENT FOREVER.

    Expenses $56,589 · Revenue $24,125

As filed on the 2024 return.

Listed in Part VII

  • Ashley Demosthenes

    PRESIDENT, C

    Total calculated
    $161,223
    From this org
    $0
    From related orgs
    $161,223
    Other
    $0
    Hours/week
    27

    Schedule J breakdown matched by us

    Base
    not reported + $161,223 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $161,223 related
  • Mary Adkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bob Baldwin

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • W Mac Baughman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J Travis Benintendo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Walter Blessing Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Wes Carter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Justin Craig

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bobby Creech

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Amanda Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Paula Feldman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robbie Hollings

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Susan Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sheldon Kramer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lindsay Nevin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Daniel Perry

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Marissa Sams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Beth Settle

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Travis Spainhour

    TRUSTEE

    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. 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

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 December 2025
IRS schema version
2024v5.0
Source object
202503569349300420

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.