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Heritage Conservancy INC EIN 23-6296515

Heritage Conservancy INC

EIN  23-6296515 Public charity (501(c)(3)) Doylestown, PA Founded 1958
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/21/26 · see original filing: IRS
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Size
$1–10M
What they do
Preserves and protects open spaces, natural resources, and historic heritage.
Leadership
William Kunze · President · $180K
Money in and out
$3.0M revenue, $3.6M expenses
Bottom line
68% program efficiency

Preserves and protects open spaces, natural resources, and historic heritage. For fiscal year 2025 it reported $3.0M in revenue, $3.6M in expenses, and $39.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$3.6M
Pt IX · Ln 25
Net assets
$39.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$598K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.17 Fundraising $0.15
Program efficiency
68%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
41.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-20%
revenue over expenses, this year▼ -127% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$3.0M
FY2025▼ -76%
Expenses
$3.6M
FY2025▲ +12%
Total assets
$39.9M
FY2025▲ +2%
Total liabilities
$928K
FY2025▲ +14%
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$3.6M
Pt IX · Ln 25
Net assets
$39.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$598K
Total assetsPt X · Ln 16$39.9M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

1 program service account for $2.4M of program spending, described in the organization's own filed words · FY2025.
01

Heritage conservancy is a nonprofit organization that works in partnership with communities, landowners, businesses, governments, and other mission- focused organizations to ensure that the landscapes that make this region special endure and flourish, for the benefit of both people and nature.

$2.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHeritage Conservancy INC
EINHdr · item D23-6296515
Principal addressHdr · item CDoylestown, PA
WebsiteHdr · item Jwww.heritageconservancy.org
Year of formationHdr · item L1958
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A800)
Ruling yearIRS BMFJul 1960

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
William Kunze
President
$179,912Pt VII · Sec A
$75,992Pt VII · Sec A
Kris Kern
Vice Preside
$44,832Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

William Kunze’s $180K as President is at the 78th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William Kunze$179,912$178,875$162,864$173,842$52,345—
Jeffrey L Marshall———$24,230$86,413$161,534
Linda J Cacossa——$82,963$134,901$130,044$139,356
Kris Kern$44,832$111,070$99,996———
Erika Blumenthal$75,992—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.7M · 56%
Investment income$475K · 16%
Other revenue$474K · 16%
Program service revenue$338K · 11%
Contributions & grants56%$1.7M
Investment income16%$475K
Other revenue16%$474K
Program service revenue11%$338K
— government grantsLn 1e$111K
Total revenueLn 12$3.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.17 Fundraising $0.15
Program services68%$2.4M
Management & general17%$613K
Fundraising15%$539K
Total functional expensesLn 25$3.6M

Balance Sheet

Part X · end of year
CashLn 1$3.0M
Total assetsLn 16$39.9M
Total liabilitiesLn 26$928K
Total net assetsLn 32$39.0M
Months of cash on handcomputed10.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11.8M · Operating expenses (Pt IX) $3.6M · Less non-cash grants $130K · Cash operating expenses/yr $3.4M
41.3 months
Where the money goes
Program services
Program services $2.4M · Total expenses $3.6M
68%
Management & General
Management & general $613K · Total expenses $3.6M
17%
Fundraising
Fundraising $539K · Total expenses $3.6M
15%
Cost to raise $1
Fundraising expense (3-yr avg) $505K · Solicited contributions (3-yr avg) $4.6M
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.7M · Total revenue $3.0M
56%
Government reliance
Government grants $111K · Total revenue $3.0M
4%
Earned-income share
Program service revenue $338K · Total revenue $3.0M
11%
Investment reliance
Investment income $475K · Total revenue $3.0M
+16%
Program self-sufficiency
Program service revenue $338K · Total expenses $3.6M
9%
Growth & trend
Revenue growth (YoY)
This year $3.0M · Prior year $12.5M
-76%
Revenue CAGR
FY2020 $7.4M · FY2025 $3.0M
-17%
Net-asset trend (YoY)
End of year $39.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.0M · Expenses $3.6M
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $39.9M
—
Net-asset ratio
Net assets $39.0M · Total assets $39.9M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $8.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $39.9M
22%
People & payroll
Highest Reported Total Compensation
Individual William Kunze · Reported title PRESIDENT · Highest reported compensation $180K · Total expenses $3.6M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.0M · Total expenses $3.6M
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%——
Overhead ratio 17%——
Fundraising cost ratio 32%——
Revenue growth -76%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Pennsylvania Environmental Council INCFY2025$10K
Robert McEldowney JR Family FoundationFY2025$2K
Total grants receivedfrom 2 funders$12K

Similar Organizations

Closest in mission — by what they do
Heritage Preservation Trust INCSC
St John Land Conservancy INCVI
Apostle Island's Historic Preservation ConservancyWI
Natural Resources Conservancy INCOK
Los Angeles ConservancyCA
West Central Ohio Land ConservancyOH
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.0M revenue · viewing · ⤓ 990 PDF
FY2024$12.5M revenue · ⤓ 990 PDF
FY2023$4.9M revenue · ⤓ 990 PDF
FY2022$2.3M revenue · ⤓ 990 PDF
FY2021$3.7M revenue · ⤓ 990 PDF
FY2020$7.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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