Exploration Green Conservancy FY2022 filing

Houston, TX · Public charity (501(c)(3)) · Public & Societal Benefit

✓ Tax-deductible Latest data FY2022
Revenue
$161K
▲ +43% vs prior year
Spent
$97K
To programs
92%
Net assets
$204K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Shell Oil Company Foundation
$250 in the latest grant year.
Spent on programs?
92% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +43% vs prior year
Legal name (IRS)Hdr · item CExploration Green Conservancy
EINHdr · item D46-4607075
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2014
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CHouston, TX
NTEE classificationIRS BMFPublic & Societal Benefit (W99)
WebsiteHdr · item Jwww.explorationgreen.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.05 Fundraising $0.02
Program services92%$89K
Management & general5%$5K
Fundraising2%$2K
Total functional expensesLn 25$97K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$161K
FY2022▲ +43%
Expenses
$97K
FY2022▲ +68%
Program efficiency
92%
of spending reaches programs
Operating runway
15.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$229K
FY2022▲ +64%
Total liabilities
$25K
FY2022
Revenue less expensesPt I · Ln 19$64K
Total assetsPt X · Ln 16$229K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$121K
Total assetsLn 16$229K
Total liabilitiesLn 26$25K
Total net assetsLn 32$204K
Months of cash on handcomputed15.0

Statement of Revenue

Part VIII
Contributions & grants100%$161K
Total revenueLn 12$161K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $121K · Operating expenses (Pt IX) $97K · Less non-cash grants $5K · Cash operating expenses/yr $92K
15.8 months
Where the money goes
Program services
Program services $89K · Total expenses $97K
92%
Management & General
Management & general $5K · Total expenses $97K
5%
Fundraising
Fundraising $2K · Total expenses $97K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $137K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $161K · Total revenue $161K
100%
Government reliance
Government grants — · Total revenue $161K
—
Earned-income share
Program service revenue $0 · Total revenue $161K
0%
Investment reliance
Investment income $0 · Total revenue $161K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $97K
0%
Growth & trend
Revenue growth (YoY)
This year $161K · Prior year $113K
+43%
Net-asset trend (YoY)
End of year $204K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $161K · Expenses $97K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $229K
—
Net-asset ratio
Net assets $204K · Total assets $229K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $229K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Sharp · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $97K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $97K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 5%——
Fundraising cost ratio 1%——
Revenue growth 43%——
Accounting fee ratio 5%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Vice-Chairma
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Exploration Green Conservancy executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
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

Mission and programs

Manages urban green space to prevent flooding, preserve nature, and offer recreation.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $89K of program spending, described in the organization's own filed words · FY2022.
01

Exploration green conservancy is dedicated to creating, maintaining, and operating the habitat restoration and recreation facilities within exploration green while concurrently supporting the use of the area for storm water in order to enhance the quality of life and outdoor experience for residents in the greater bay area; provide…

$89Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$250

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $148K$100K-38% 990 PDF
FY2023 $240K$81K+49% 990 PDF
FY2022 Viewing $161K$97K+43% 990 PDF
FY2021 $113K$57K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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