philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Pt Lookout Land Conservancy

Tax-deductible

Ada, MI501(c)(3)EnvironmentEIN 27-3064063Revenue $118K in FY2024

On file with the IRSPo Box 468, 49301-0468 · Ada, MITax-exempt since Aug 2010Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To acquire Land to preserve green space, provide for outdoor recreation and to enhance the environment and provide for community education.

501(c)(3) charity; gifts are tax-deductible.
7¢ of each $1 spent went to programs.
Run by 5 volunteers and 7 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 $102K a year · 79% 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
7%
of spending
Concern: 7% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 12.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $168K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$118K
+15% vs prior year
Spent
$34K
To programs
7%
Net assets
$997K
By yearFY2020–FY2024
Revenue
$118K
FY2024▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$76K
FY2021$225K
FY2022$123K
FY2023$103K
FY2024$118K
Expenses
$34K
FY2024▲ +0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$23K
FY2021$25K
FY2022$20K
FY2023$33K
FY2024$34K
Net assets
$997K
FY2024+0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$847K
FY2021$975K
FY2022$1.0M
FY2023$993K
FY2024$997K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2010.

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

Where the money goes

7 cents of each dollar spent went to programs.

Program services 7% · $2K Management & general 93% · $31K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
James W Korth
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pt Lookout Land Conservancy executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Acquires land to preserve green space, offer recreation, and educate communities.

Questions for Pt Lookout Land Conservancy

Tap to ask. Pt Lookout Land Conservancy sees how many people are interested.

Your first name shows with your question. Pt Lookout Land Conservancy answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2K · in their own filed words · FY2024
01

Land Conservancy

Preservation of land.

$2Kprogram 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 · FY2024
The Korth Family Foundation INCFY2024$168K
Total grants receivedfrom 1 funder$168K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$118K
Ln 12
Gifts and grantsLn 1h$100K
Other incomeLn 4–11$18K
Money outPt IX
$34K
Ln 25
Programscol B$2K
Managementcol C$31K
Owns and owesPt X
$997K
net assets · Ln 32
Cash and savingsLn 1–2$36K
Total assetsLn 16$1.0M
LiabilitiesLn 26$11K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$100K
Other incomeLn 4–11$18K
Total revenueLn 12$118K
Assets in detailPt X, end of year
CashLn 1$36K
Cash and savings togetherLn 1–2$36K
Land, buildings, equipmentLn 10c$972K
Total assetsLn 16$1.0M
LiabilitiesLn 26$11K
Net assetsLn 32$997K
OperationsPt I, VI
EmployeesI 57
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$22K$36K
Land, buildings, equipmentLn 10c$979K$972K
Total assetsLn 16$1.0M$1.0M
LiabilitiesLn 26$8K$11K
Net assetsLn 32$993K$997K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$3K$3K
Depreciation, depletion and amortizationLn 22$2K$2K
Other expenses (24a–d)Ln 24$27K$27K
Total functional expensesLn 25$34K$2K$31K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $118K$34K$84K$997K 990 PDF
FY2023 $103K$33K$69K$993K 990 PDF
FY2022 $123K$20K$103K$1.0M 990 PDF
FY2021 $225K$25K$199K$975K 990 PDF
FY2020 $76K$23K$52K$847K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $117,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $82,900$100,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $19,689$17,979
I-12 Total revenuePrior year $102,589$117,979
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $33,378$33,547
I-18 Total expensesPrior year $33,378$33,547
I-19 Revenue less expensesPrior year $69,211$84,432
Part VI · Governance 5 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $117,979 across 3 lines filed
Lines not itemized here account for $17,979 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$100,000
VIII-1h Total contributions, gifts and grants$100,000
VIII-12 Total revenueUnrelated business $17,979$117,979
Part IX · Statement of functional expenses $33,547 across 4 lines filed
IX-11b Legal feesManagement $1,187$1,187
IX-11c Accounting feesManagement $2,900$2,900
IX-22 Depreciation, depletion and amortizationPrograms $2,280$2,280
IX-24 Other expenses (24a–d)Management $27,180$27,180
IX-25 Total functional expensesPrograms $2,280 · Management $31,267 · Fundraising $0$33,547
Part X · Balance sheet $1,008,139 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $22,169$35,768
X-10c Land, buildings and equipment, netStart of year $979,132$972,371
X-16 Total assetsStart of year $1,001,301$1,008,139
X-17 Accounts payable and accrued expensesStart of year $7,848$11,221
X-26 Total liabilitiesStart of year $7,848$11,221
X-32 Total net assets or fund balancesStart of year $993,453$996,918
X-33 Total liabilities and net assetsStart of year $1,001,301$1,008,139
Part XI · Reconciliation of net assets $996,918 net assets at year end
XI-1 Total revenue$117,979
XI-2 Total expenses$33,547
XI-3 Revenue less expenses$84,432
XI-4 Net assets at start of year$993,453
XI-9 Other changes in net assets−$80,967
XI-10 Net assets at end of year$996,918

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.