The Hillside Trust EIN 31-0986399 Form 990 (PDF) Claim this org

The Hillside Trust FY2020 filing

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Preserving hillsides through research, education, land conservation, and responsible land use advocacy. For fiscal year 2020 it reported $403K in revenue, $160K in expenses, and $10.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Cincinnati, OH
Website
www.hillsidetrust.org
Filings
5 on file (2020–2020)
Revenue
$403KFY2020
Expenses
$160K
Net assets
$10.1M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-0986399 Public charity (501(c)(3)) Cincinnati, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Preserving hillsides through research, education, land conservation, and responsible land use advocacy.
Leadership
Eric Russo · Executive Director · $61K
Money in and out
$403K revenue, $160K expenses
Bottom line
67% program efficiency
Where the money goes · FY2020
Total revenue
$403K
Pt VIII · Ln 12
Total expenses
$160K
Pt IX · Ln 25
Net assets
$10.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $242K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.22 Fundraising $0.10
Program efficiency
67%
of spending reaches programs
Surplus margin
+60%
revenue over expenses, this year
Donor-funded
88%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$403K
FY2020
Expenses
$160K
FY2020
Total assets
$10.1M
FY2020
Total liabilities
$0
FY2020
Total revenue
$403K
Pt VIII · Ln 12
Total expenses
$160K
Pt IX · Ln 25
Net assets
$10.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$242K
Total assetsPt X · Ln 16$10.1M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Hillside Trust
EINHdr · item D31-0986399
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.hillsidetrust.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C340)
Ruling yearIRS BMFOct 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$61,050Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Eric Russo’s $80K as Executive Director is at the 63rd percentile of top reported officer pay among 1981 $100K–1M environment 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Eric Russo$80,000$78,000$68,500$62,050$61,050

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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Mission & Programs · Part III

Where the work happens

3 program services account for $97K of program spending, described in the organization's own filed words · FY2020.
01

Research and education concerning hillside stability issues in southwest ohio and northern kentucky.

$38Kprogram expense
02

Advocacy and responsible development of the region's hillsides.

$38Kprogram expense
03

Stewardship Program

To help maintain properties owned and protected by the hillside trust.

$22Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$356K · 88%
Other revenue$46K · 11%
Contributions & grants88%$356K
Other revenue11%$46K
Investment income$1K
Total revenueLn 12$403K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.22 Fundraising $0.10
Program services67%$108K
Management & general22%$35K
Fundraising10%$17K
Total functional expensesLn 25$160K

Balance Sheet

Part X · end of year
CashLn 1$131K
Total assetsLn 16$10.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$10.1M
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $444K · Operating expenses (Pt IX) $160K · Less non-cash grants $181K · Cash operating expenses/yr $-21K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $108K · Total expenses $160K
67%
Management & General
Management & general $35K · Total expenses $160K
22%
Fundraising
Fundraising $17K · Total expenses $160K
10%
Cost to raise $1
Fundraising expense $17K · Solicited contributions $356K
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $356K · Total revenue $403K
88%
Government reliance
Government grants — · Total revenue $403K
Earned-income share
Program service revenue $0 · Total revenue $403K
0%
Investment reliance
Investment income $1K · Total revenue $403K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $160K
0%
Growth & trend
Revenue growth (YoY)
This year $403K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $10.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $403K · Expenses $160K
+60%
Liabilities-to-Assets
Total liabilities — · Total assets $10.1M
Net-asset ratio
Net assets $10.1M · Total assets $10.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $50K · Other securities (Pt X, ln 12) $262K · Total assets (Pt X, ln 16) $10.1M
3%
People & payroll
Highest Reported Total Compensation
Individual Eric Russo · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $61K · Total expenses $160K
38%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73K · Total expenses $160K
45%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 22%
Fundraising cost ratio 5%
Accounting fee ratio 7%
Fundraising fee ratio 10%

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 · FY2024
See all 17 funders →

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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
FY2024 (Latest)$425K revenue · ⤓ 990 PDF
FY2023$238K revenue · ⤓ 990 PDF
FY2022$679K revenue · ⤓ 990 PDF
FY2021$467K revenue · ⤓ 990 PDF
FY2020$403K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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