Heritage Conservancy INC FY2021 filing

Tax-deductible

Doylestown, PA501(c)(3)Since 1958Arts & CultureEIN 23-6296515Revenue $3.7M in FY2021

On file with the IRSheritageconservancy.org85 Old Dublin Pike, 18901-2468 · Doylestown, PATax-exempt since Jul 1960Publicly supported charity — 170(b)(1)(A)(vi)

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We are a community based organization dedicated to the preservation and protection of significant open spaces, natural resources, and our historic Heritage.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$269K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
4 of 6
filings with a surplus
Average surplus $2.1M a year · 37% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$269K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 22.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $12K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-51% vs prior year
Spent
$2.3M
To programs
76%
Net assets
$29.4M
By yearFY2020–FY2025
Revenue
$3.7M
FY2021▼ -51%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.4M
FY2021$3.7M
FY2022$2.3M
FY2023$4.9M
FY2024$12.5M
FY2025$3.0M
Expenses
$2.3M
FY2021▼ -61%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.0M
FY2021$2.3M
FY2022$3.1M
FY2023$3.0M
FY2024$3.2M
FY2025$3.6M
Net assets
$29.4M
FY2021▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$27.4M
FY2021$29.4M
FY2022$26.5M
FY2023$27.9M
FY2024$38.2M
FY2025$39.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1960.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $1.8M Management & general 14% · $322K Fundraising 10% · $235K

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

24 people listed on the 990; $269K paid to officers and key staff.

Part VII, Section A · reportable compensation
$130,044Pt VII · Sec A
Senior Advis
$86,413Pt VII · Sec A
President
$52,345Pt 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 3924 $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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and protects open spaces, natural resources, and historic heritage.

Provided by the organization

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2 programs · $1.8M · in their own filed words · FY2021
01

Heritage conservancy works with private landowners and municipalities to permanently protect the region's significant natural and historic resources. We hold 249 conservation easements on 8939 acres of farmland, woodlands, parkland and scenic landscapes that help enhance our area's water and air quality.

$997Kprogram expense
02

Heritage conservancy owns 50 properties totaling 1506 acres. In 2021, more than 438 volunteers donated 4,120 hours of their time assisting staff in stewardship activities such as tree plantings, trail clearing, trash clean-ups, and habitat improvements at several heritage conservancy properties.

$765Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$2.3M
Investment incomeLn 3$676K
Other incomeLn 4–11$407K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.8M
Managementcol C$322K
Fundraisingcol D$235K
Owns and owesPt X
$29.4M
net assets · Ln 32
Cash and savingsLn 1–2$4.3M
Total assetsLn 16$30.7M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
24
listed · VII A
PaidVII A3
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$156K
Fees for servicesLn 2g$299K
Investment incomeLn 3$676K
Other incomeLn 4–11$407K
Gains on assetsLn 7$436K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$59K
SavingsLn 2$4.3M
Cash and savings togetherLn 1–2$4.3M
InvestmentsLn 11–13$8.0M
Land, buildings, equipmentLn 10c$14.7M
Other assetsLn 15$3.1M
Total assetsLn 16$30.7M
LiabilitiesLn 26$1.4M
Net assetsLn 32$29.4M
OperationsPt I, VI
EmployeesI 558
VolunteersI 6349
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 FY21End FY21
Cash and savingsLn 1–2$2.5M$4.3M
InvestmentsLn 11–13$7.8M$8.0M
Land, buildings, equipmentLn 10c$14.8M$14.7M
Total assetsLn 16$28.7M$30.7M
LiabilitiesLn 26$1.3M$1.4M
Net assetsLn 32$27.4M$29.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$236K$154K$47K$35K
Other salaries and wagesLn 7$944K$729K$84K$130K
Pension plan contributionsLn 8$17K$13K$1K$2K
Other employee benefitsLn 9$74K$57K$7K$10K
Payroll taxesLn 10$91K$68K$10K$13K
Legal feesLn 11b$36K$14K$22K
Accounting feesLn 11c$18K$18K
Investment management feesLn 11f$32K$32K
Other fees for servicesLn 11g$37K$22K$12K$2K
Advertising and promotionLn 12$11K$5K$2K$4K
Office expensesLn 13$117K$74K$34K$8K
Information technologyLn 14$9K$2K$7K
OccupancyLn 16$381K$365K$13K$4K
TravelLn 17$13K$13K$218$180
Conferences, conventions and meetingsLn 19$3K$889$75$2K
InterestLn 20$203$203
Depreciation, depletion and amortizationLn 22$130K$101K$17K$11K
InsuranceLn 23$47K$39K$8K
Other expenses (24a–d)Ln 24$123K$105K$6K$12K
Total functional expensesLn 25$2.3M$1.8M$322K$235K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.0M$3.6M−$598K$39.0M 990 PDF
FY2024 $12.5M$3.2M$9.3M$38.2M 990 PDF
FY2023 $4.9M$3.0M$1.9M$27.9M 990 PDF
FY2022 $2.3M$3.1M−$841K$26.5M 990 PDF
FY2021 Viewing $3.7M$2.3M$1.3M$29.4M 990 PDF
FY2020 $7.4M$6.0M$1.4M$27.4M 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 FY2021 990 (6 parts)
Part I · Summary $3,652,763 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,974,768$2,270,706
I-9 Program service revenuePrior year $4,038,149$298,814
I-10 Investment incomePrior year $1,345,560$676,351
I-11 Other revenuePrior year $64,205$406,892
I-12 Total revenuePrior year $7,422,682$3,652,763
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,374,519$1,361,517
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,632,892$957,198
I-18 Total expensesPrior year $6,007,411$2,318,715
I-19 Revenue less expensesPrior year $1,415,271$1,334,048
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,652,763 across 12 lines filed
VIII-1b Membership dues$130,358
VIII-1c Fundraising events$155,624
VIII-1f All other contributions, gifts and grants$1,984,724
VIII-1g Noncash contributions (included above)$3,052
VIII-1h Total contributions, gifts and grants$2,270,706
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $298,814$298,814
VIII-3 Investment incomeExcluded from tax $240,284$240,284
VIII-6 Net rental income or lossExcluded from tax $332,228$332,228
VIII-7 Net gain or loss on sales of assetsExcluded from tax $436,067$436,067
VIII-8 Net income from fundraising eventsExcluded from tax −$37,187−$37,187
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $104,743 · Excluded from tax $7,108$111,851
VIII-12 Total revenueRelated to mission $298,814 · Unrelated business $104,743 · Excluded from tax $978,500$3,652,763
Part IX · Statement of functional expenses $2,318,715 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $153,528 · Management $47,239 · Fundraising $35,430$236,197
IX-7 Other salaries and wagesPrograms $729,330 · Management $84,313 · Fundraising $129,936$943,579
IX-8 Pension plan contributionsPrograms $13,192 · Management $1,340 · Fundraising $2,299$16,831
IX-9 Other employee benefitsPrograms $57,103 · Management $6,904 · Fundraising $10,256$74,263
IX-10 Payroll taxesPrograms $67,985 · Management $9,971 · Fundraising $12,691$90,647
IX-11b Legal feesPrograms $14,350 · Management $21,556$35,906
IX-11c Accounting feesManagement $18,280$18,280
IX-11f Investment management feesManagement $32,338$32,338
IX-11g Other fees for servicesPrograms $22,063 · Management $12,384 · Fundraising $2,405$36,852
IX-12 Advertising and promotionPrograms $4,825 · Management $1,715 · Fundraising $4,094$10,634
IX-13 Office expensesPrograms $74,486 · Management $34,043 · Fundraising $8,203$116,732
IX-14 Information technologyPrograms $1,812 · Management $7,413$9,225
IX-16 OccupancyPrograms $364,988 · Management $12,705 · Fundraising $3,741$381,434
IX-17 TravelPrograms $12,821 · Management $218 · Fundraising $180$13,219
IX-19 Conferences, conventions and meetingsPrograms $889 · Management $75 · Fundraising $2,500$3,464
IX-20 InterestManagement $203$203
IX-22 Depreciation, depletion and amortizationPrograms $100,904 · Management $17,437 · Fundraising $11,462$129,803
IX-23 InsurancePrograms $38,854 · Management $7,742$46,596
IX-24 Other expenses (24a–d)Programs $104,958 · Management $5,657 · Fundraising $11,897$122,512
IX-25 Total functional expensesPrograms $1,762,088 · Management $321,533 · Fundraising $235,094$2,318,715
Part X · Balance sheet $30,719,315 assets, 18 lines filed
Asset lines not itemized here account for $25,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $129,073$58,614
X-2 Savings and temporary cash investmentsStart of year $2,401,823$4,272,184
X-3 Pledges and grants receivableStart of year $758,433$612,336
X-4 Accounts receivableStart of year $11,214$15,980
X-8 Inventories for sale or useStart of year $11,524$11,301
X-9 Prepaid expenses and deferred chargesStart of year $8,695$9,264
X-10c Land, buildings and equipment, netStart of year $14,804,876$14,663,203
X-11 Publicly traded securitiesStart of year $7,794,444$7,974,500
X-15 Other assetsStart of year $2,738,366$3,076,933
X-16 Total assetsStart of year $28,658,448$30,719,315
X-17 Accounts payable and accrued expensesStart of year $129,414$80,980
X-19 Deferred revenueStart of year $906,745$1,041,556
X-25 Other liabilitiesStart of year $243,274$208,588
X-26 Total liabilitiesStart of year $1,287,270$1,364,595
X-27 Net assets without donor restrictionsStart of year $10,417,808$10,780,341
X-28 Net assets with donor restrictionsStart of year $16,953,370$18,574,379
X-32 Total net assets or fund balancesStart of year $27,371,178$29,354,720
X-33 Total liabilities and net assetsStart of year $28,658,448$30,719,315
Part XI · Reconciliation of net assets $29,354,720 net assets at year end
XI-1 Total revenue$3,652,763
XI-2 Total expenses$2,318,715
XI-3 Revenue less expenses$1,334,048
XI-4 Net assets at start of year$27,371,178
XI-5 Net unrealized gains (losses) on investments$649,494
XI-10 Net assets at end of year$29,354,720

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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