The Walthour - Moss Foundation

Tax-deductible

Southern Pnes, NC501(c)(3)EIN 23-7380583Revenue $1.0M in FY2024

On file with the IRSwalthour-moss.orgPo Box 1794, 28388-1794 · Southern Pnes, NCTax-exempt since May 1974Publicly supported charity — 170(b)(1)(A)(vi)

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The Walthour-Moss Foundation owns, preserves, and maintains land in its natural state for conservation, equestrian use, and for the enjoyment of the general public.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 140 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $473K a year · 62% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$73K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+36% vs prior year
Spent
$388K
To programs
70%
Net assets
$27.5M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2020$596K
FY2021$773K
FY2022$685K
FY2023$751K
FY2024$1.0M
Expenses
$388K
FY2024▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$186K
FY2021$234K
FY2022$236K
FY2023$416K
FY2024$388K
Net assets
$27.5M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$25.6M
FY2021$26.5M
FY2022$25.8M
FY2023$26.7M
FY2024$27.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1974.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $271K Management & general 27% · $104K Fundraising 3% · $14K

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

16 people listed on the 990; $73K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$72,822Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Landon Russell$72,822$66,870$64,680$67,454$57,979
Ron Baldwin——$3,480——

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.

See The Walthour - Moss Foundation 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves natural lands for conservation, horseback riding, and public enjoyment.

Questions for The Walthour - Moss Foundation

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Provided by the organization

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1 program · $271K · in their own filed words · FY2024
01

The walthour-moss foundation owns 4,198 acres set aside to be preserved in its natural state. It is part of the effort to save the longleaf pine ecosystem. A land management program is in place to accomplish this. The land is open to the general public without charge from dawn to dusk daily.

$271Kprogram 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 1 funder$250

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Investment incomeLn 3$500K
Gifts and grantsLn 1h$480K
Other incomeLn 4–11$41K
Money outPt IX
$388K
Ln 25
Programscol B$271K
Managementcol C$104K
Fundraisingcol D$14K
Owns and owesPt X
$27.5M
net assets · Ln 32
Cash and savingsLn 1–2$361K
Total assetsLn 16$27.5M
LiabilitiesLn 26$7K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$480K
Noncash giftsLn 1g$23K
Investment incomeLn 3$500K
Other incomeLn 4–11$41K
Gains on assetsLn 7$331K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$353K
SavingsLn 2$8K
Cash and savings togetherLn 1–2$361K
InvestmentsLn 11–13$6.4M
Land, buildings, equipmentLn 10c$59K
Other assetsLn 15$20.7M
Total assetsLn 16$27.5M
LiabilitiesLn 26$7K
Net assetsLn 32$27.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 6140
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 FY24End FY24
Cash and savingsLn 1–2$254K$361K
InvestmentsLn 11–13$5.7M$6.4M
Land, buildings, equipmentLn 10c$58K$59K
Total assetsLn 16$26.7M$27.5M
LiabilitiesLn 26$8K$7K
Net assetsLn 32$26.7M$27.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$86K$52K$26K$9K
Other salaries and wagesLn 7$6K$6K
Payroll taxesLn 10$6K$4K$1K$600
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$46K$46K
Advertising and promotionLn 12$475$475
Office expensesLn 13$5K$3K$980$489
OccupancyLn 16$1K$968$277$138
TravelLn 17$2K$2K
InsuranceLn 23$18K$12K$4K$2K
Other expenses (24a–d)Ln 24$206K$190K$15K$1K
Total functional expensesLn 25$388K$271K$104K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.0M$388K$633K$27.5M 990 PDF
FY2023 $751K$416K$335K$26.7M 990 PDF
FY2022 $685K$236K$449K$25.8M 990 PDF
FY2021 $773K$234K$539K$26.5M 990 PDF
FY2020 $596K$186K$409K$25.6M 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 FY2024 990 (6 parts)
Part I · Summary $1,020,968 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $502,970$479,789
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $212,019$500,228
I-11 Other revenuePrior year $35,978$40,951
I-12 Total revenuePrior year $750,967$1,020,968
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $88,994$97,793
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $327,468$290,550
I-18 Total expensesPrior year $416,462$388,343
I-19 Revenue less expensesPrior year $334,505$632,625
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $1,020,968 across 7 lines filed
VIII-1f All other contributions, gifts and grants$479,789
VIII-1g Noncash contributions (included above)$23,069
VIII-1h Total contributions, gifts and grants$479,789
VIII-3 Investment incomeExcluded from tax $169,484$169,484
VIII-7 Net gain or loss on sales of assetsExcluded from tax $330,744$330,744
VIII-8 Net income from fundraising eventsExcluded from tax $40,951$40,951
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $541,179$1,020,968
Part IX · Statement of functional expenses $388,343 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $51,757 · Management $25,622 · Fundraising $8,836$86,215
IX-7 Other salaries and wagesPrograms $5,580$5,580
IX-10 Payroll taxesPrograms $4,199 · Management $1,199 · Fundraising $600$5,998
IX-11c Accounting feesManagement $11,800$11,800
IX-11f Investment management feesManagement $45,538$45,538
IX-12 Advertising and promotionPrograms $475$475
IX-13 Office expensesPrograms $3,428 · Management $980 · Fundraising $489$4,897
IX-16 OccupancyPrograms $968 · Management $277 · Fundraising $138$1,383
IX-17 TravelPrograms $2,446$2,446
IX-23 InsurancePrograms $11,990 · Management $3,878 · Fundraising $2,164$18,032
IX-24 Other expenses (24a–d)Programs $189,685 · Management $14,966 · Fundraising $1,328$205,979
IX-25 Total functional expensesPrograms $270,528 · Management $104,260 · Fundraising $13,555$388,343
Part X · Balance sheet $27,516,951 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $245,914$353,023
X-2 Savings and temporary cash investmentsStart of year $8,377$8,377
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $3,594$4,330
X-10c Land, buildings and equipment, netStart of year $58,248$59,248
X-11 Publicly traded securitiesStart of year $5,736,164$6,439,777
X-15 Other assetsStart of year $20,646,095$20,652,196
X-16 Total assetsStart of year $26,698,392$27,516,951
X-17 Accounts payable and accrued expensesStart of year $7,863$6,528
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $7,863$6,528
X-27 Net assets without donor restrictionsStart of year $25,690,529$26,510,423
X-28 Net assets with donor restrictionsStart of year $1,000,000$1,000,000
X-32 Total net assets or fund balancesStart of year $26,690,529$27,510,423
X-33 Total liabilities and net assetsStart of year $26,698,392$27,516,951
Part XI · Reconciliation of net assets $27,510,423 net assets at year end
XI-1 Total revenue$1,020,968
XI-2 Total expenses$388,343
XI-3 Revenue less expenses$632,625
XI-4 Net assets at start of year$26,690,529
XI-5 Net unrealized gains (losses) on investments$187,269
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$27,510,423

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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