The Leatherback Trust INC

Tax-deductible

Fort Wayne, IN501(c)(3)Since 2000AnimalsEIN 22-3741033

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To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 500 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $461K a year · 52% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $181K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.04% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+5% vs prior year
Spent
$567K
To programs
92%
Net assets
$5.3M
By yearFY2020–FY2025
Revenue
$1.7M
FY2025▲ +5%
Revenue by fiscal year
FY2020$248K
FY2021$350K
FY2022$596K
FY2023$922K
FY2024$1.6M
FY2025$1.7M
Expenses
$567K
FY2025▲ +22%
Expenses by fiscal year
FY2020$328K
FY2021$262K
FY2022$408K
FY2023$548K
FY2024$465K
FY2025$567K
Net assets
$5.3M
FY2025▲ +27%
Net assets by fiscal year
FY2020$2.3M
FY2021$2.4M
FY2022$2.6M
FY2023$3.0M
FY2024$4.2M
FY2025$5.3M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $523K Management & general 7% · $41K Fundraising 0% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
VP, Freshwater Turtles
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Leatherback Trust INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Protects sea turtles, especially Leatherbacks, from extinction through various conservation efforts.

Provided by the organization

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2 program services account for $523K of program spending, described in the organization's own filed words · FY2025.
01

Research and Education

Research data collected on the population biology and migration of approximately 500 sea turtles. Outreach to approximately 1,000 local and regional Costa Ricans regarding sea turtle biology and environmental science.

$514Kprogram expense
02

Conservation

Consolidation of Las Baulas Parque Nacional in Costa Rica and protection of approximately 5,000 Leatherback sea turtles.

$9Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 6 grants · $260K · 2021–2025
Unitemized GrantFY2025$29,690
Unitemized GrantFY2025$1,600
Unitemized GrantFY2024$62,300
Unitemized GrantFY2023$73,000
Unitemized GrantFY2021$23,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$225K
Other incomeLn 4–11$1K
Money outPt IX
$567K
Ln 25
Programscol B$523K
Managementcol C$41K
Fundraisingcol D$3K
Owns and owesPt X
$5.3M
net assets · Ln 32
Cash and savingsLn 1–2$126K
Total assetsLn 16$5.3M
LiabilitiesLn 26$2K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$225K
Other incomeLn 4–11$1K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$106K
SavingsLn 2$20K
Cash and savings togetherLn 1–2$126K
InvestmentsLn 11–13$2.8M
Land, buildings, equipmentLn 10c$2.3M
Total assetsLn 16$5.3M
LiabilitiesLn 26$2K
Net assetsLn 32$5.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6500
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$111K$126K
InvestmentsLn 11–13$1.7M$2.8M
Land, buildings, equipmentLn 10c$2.3M$2.3M
Total assetsLn 16$4.2M$5.3M
LiabilitiesLn 26$3K$2K
Net assetsLn 32$4.2M$5.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$70K$70K
Grants to domestic individualsLn 2$31K$31K
Grants and assistance to foreign recipientsLn 3$7K$7K
Legal feesLn 11b$9K$9K$0$0
Accounting feesLn 11c$18K$0$18K$0
Other fees for servicesLn 11g$20K$20K$0$0
Advertising and promotionLn 12$2K$2K$242$0
Office expensesLn 13$3K$0$3K$0
OccupancyLn 16$36K$33K$3K$0
TravelLn 17$147K$139K$8K$0
Depreciation, depletion and amortizationLn 22$16K$16K$0$0
InsuranceLn 23$8K$6K$2K$0
Other expenses (24a–d)Ln 24$179K$177K$0$3K
All other expensesLn 24e$20K$13K$7K$0
Total functional expensesLn 25$567K$523K$41K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.7M$567K$1.1M$5.3M 990 PDF
FY2024 $1.6M$465K$1.1M$4.2M 990 PDF
FY2023 $922K$548K$374K$3.0M 990 PDF
FY2022 $596K$408K$188K$2.6M 990 PDF
FY2021 $350K$262K$87K$2.4M 990 PDF
FY2020 $248K$328K−$80K$2.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,655,745 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,429,676
VIII-1h Total contributions, gifts and grants$1,429,676
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $224,630$224,630
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $1,439$1,439
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $226,069$1,655,745
Part IX · Statement of functional expenses $566,934 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $70,000$70,000
IX-2 Grants to domestic individualsPrograms $31,290$31,290
IX-3 Grants and assistance to foreign recipientsPrograms $7,180$7,180
IX-11b Legal feesPrograms $8,907 · Management $0 · Fundraising $0$8,907
IX-11c Accounting feesPrograms $0 · Management $18,222 · Fundraising $0$18,222
IX-11g Other fees for servicesPrograms $19,755 · Management $0 · Fundraising $0$19,755
IX-12 Advertising and promotionPrograms $2,068 · Management $242 · Fundraising $0$2,310
IX-13 Office expensesPrograms $0 · Management $3,052 · Fundraising $0$3,052
IX-16 OccupancyPrograms $32,842 · Management $3,055 · Fundraising $0$35,897
IX-17 TravelPrograms $138,526 · Management $8,318 · Fundraising $0$146,844
IX-22 Depreciation, depletion and amortizationPrograms $16,395 · Management $0 · Fundraising $0$16,395
IX-23 InsurancePrograms $6,361 · Management $1,590 · Fundraising $0$7,951
IX-24 Other expenses (24a–d)Programs $176,647 · Management $0 · Fundraising $2,644$179,291
IX-24e All other expensesPrograms $12,826 · Management $7,014 · Fundraising $0$19,840
IX-25 Total functional expensesPrograms $522,797 · Management $41,493 · Fundraising $2,644$566,934
Part X · Balance sheet $5,267,274 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $106,522$105,645
X-2 Savings and temporary cash investmentsStart of year $4,360$20,210
X-10c Land, buildings and equipment, netStart of year $2,321,570$2,305,175
X-11 Publicly traded securitiesStart of year $1,730,497$2,836,244
X-16 Total assetsStart of year $4,162,949$5,267,274
X-17 Accounts payable and accrued expensesStart of year $2,938$2,316
X-26 Total liabilitiesStart of year $2,938$2,316
X-27 Net assets without donor restrictionsStart of year $1,764,549$1,712,639
X-28 Net assets with donor restrictionsStart of year $2,395,462$3,552,319
X-32 Total net assets or fund balancesStart of year $4,160,011$5,264,958
X-33 Total liabilities and net assetsStart of year $4,162,949$5,267,274
Part XI · Reconciliation of net assets $5,264,958 net assets at year end
XI-1 Total revenue$1,655,745
XI-2 Total expenses$566,934
XI-3 Revenue less expenses$1,088,811
XI-4 Net assets at start of year$4,160,011
XI-5 Net unrealized gains (losses) on investments$16,136
XI-10 Net assets at end of year$5,264,958

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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