Oatlands INC FY2021 filing

Tax-deductible

Leesburg, VA501(c)(3)Arts & CultureEIN 54-1118635

Revealing, understanding & preserving the human, architectural & natural history of oatlands

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$156K 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
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
1 of 4
filings with a surplus
Average deficit $80K a year · 8% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$156K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$349K
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$746K
Spent
$953K
To programs
80%
Net assets
$452K
By yearFY2021–FY2024
Revenue
$746K
FY2021
Revenue by fiscal year
FY2021$746K
FY2022$1.1M
FY2023$1.1M
FY2024$818K
Expenses
$953K
FY2021
Expenses by fiscal year
FY2021$953K
FY2022$980K
FY2023$1.2M
FY2024$946K
Net assets
$452K
FY2021
Net assets by fiscal year
FY2021$452K
FY2022$593K
FY2023$467K
FY2024$0

From the FY2021 Form 990 (year ending March 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1980.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $762K Management & general 20% · $189K Fundraising 0% · $2K

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

Who runs it and what they're paid

16 people listed on the 990; $156K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$155,769Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Caleb Schutz’s $178K as Former CEO is at the 99th percentile of top reported officer pay among 2216 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Caleb Schutz$177,692$174,519$157,500$155,769

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

Preserving Oatlands' human, architectural, and natural history through research and education.

Provided by the organization

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3 program services account for $762K of program spending, described in the organization's own filed words · FY2020.
01

Oatlands' history is american history. Between 1727 and 1964, the property was residence to a succession of tenant farmers, influential families, servants, and workers, including over 150 people who were enslaved. We continued our research to reclaim the contrasting, yet inseparable, histories of the property's residents.

$762Kprogram expense
02

Oatlands' ample space and quite places of solitude provide a sanctuary that enables each visitor to conduct their own, personal exploration of history and the outdoors. An ever changing tapestry of sights, sounds and fragrances in the meadows, woodlands and gardens also provide a rich and varied outdoor experience year-round.

Pt IX · col B
03

Oatlands continued its substantial investment in preserving the buildings and grounds of the property, including our 100 to 250 year old specimen trees. For the first time in many years, arborists cataloged, surveyed the health of and cared for trees.

Pt IX · col B

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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
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$746K
Ln 12
Gifts and grantsLn 1h$542K
Other incomeLn 4–11$135K
Fees for servicesLn 2g$62K
Money outPt IX
$953K
Ln 25
Programscol B$762K
Managementcol C$189K
Fundraisingcol D$2K
Owns and owesPt X
$452K
net assets · Ln 32
Cash and savingsLn 1–2$730K
Total assetsLn 16$800K
LiabilitiesLn 26$349K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$542K
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$62K
Investment incomeLn 3$8K
Other incomeLn 4–11$135K
Total revenueLn 12$746K
Assets in detailPt X, end of year
CashLn 1$143K
SavingsLn 2$587K
Cash and savings togetherLn 1–2$730K
Land, buildings, equipmentLn 10c$19K
Other assetsLn 15$21K
Total assetsLn 16$800K
LiabilitiesLn 26$349K
Net assetsLn 32$452K
OperationsPt I, VI
EmployeesI 519
VolunteersI 60
Fiscal year endsHeaderMarch
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$740K$730K
Land, buildings, equipmentLn 10c$23K$19K
Total assetsLn 16$853K$800K
LiabilitiesLn 26$202K$349K
Net assetsLn 32$650K$452K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$150K$75K$75K
Other salaries and wagesLn 7$107K$107K
Other employee benefitsLn 9$29K$21K$9K
Payroll taxesLn 10$21K$15K$6K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$58K$58K
Other fees for servicesLn 11g$17K$10K$7K
Advertising and promotionLn 12$4K$4K$8$523
Office expensesLn 13$3K$993$355$1K
TravelLn 17$304$215$89
InterestLn 20$318$318
Depreciation, depletion and amortizationLn 22$7K$6K$337
InsuranceLn 23$35K$30K$5K
Other expenses (24a–d)Ln 24$457K$445K$12K$422
All other expensesLn 24e$62K$49K$12K
Total functional expensesLn 25$953K$762K$189K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $818K$946K−$128K$0 990 PDF
FY2023 $1.1M$1.2M−$126K$467K 990 PDF
FY2022 $1.1M$980K$141K$593K 990 PDF
FY2021 Viewing $746K$953K−$207K$452K 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 (4 parts)
Part VIII · Statement of revenue $746,242 across 8 lines filed
Lines not itemized here account for −$650 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$541,787
VIII-1g Noncash contributions (included above)$1,988
VIII-1h Total contributions, gifts and grants$541,787
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,874$61,874
VIII-3 Investment incomeExcluded from tax $7,761$7,761
VIII-6 Net rental income or lossExcluded from tax $135,067$135,067
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $403$403
VIII-12 Total revenueRelated to mission $61,874 · Unrelated business $0 · Excluded from tax $142,581$746,242
Part IX · Statement of functional expenses $953,431 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $75,000 · Management $75,000$150,000
IX-7 Other salaries and wagesPrograms $107,004$107,004
IX-9 Other employee benefitsPrograms $20,726 · Management $8,541$29,267
IX-10 Payroll taxesPrograms $14,637 · Management $6,031$20,668
IX-11b Legal feesManagement $3,589$3,589
IX-11c Accounting feesManagement $57,614$57,614
IX-11g Other fees for servicesPrograms $9,969 · Management $6,954$16,923
IX-12 Advertising and promotionPrograms $3,717 · Management $8 · Fundraising $523$4,248
IX-13 Office expensesPrograms $993 · Management $355 · Fundraising $1,383$2,731
IX-17 TravelPrograms $215 · Management $89$304
IX-20 InterestManagement $318$318
IX-22 Depreciation, depletion and amortizationPrograms $6,407 · Management $337$6,744
IX-23 InsurancePrograms $29,836 · Management $5,265$35,101
IX-24 Other expenses (24a–d)Programs $444,540 · Management $12,210 · Fundraising $422$457,172
IX-24e All other expensesPrograms $49,443 · Management $12,305$61,748
IX-25 Total functional expensesPrograms $762,487 · Management $188,616 · Fundraising $2,328$953,431
Part X · Balance sheet $800,049 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $4,478$143,088
X-2 Savings and temporary cash investmentsStart of year $735,095$587,299
X-4 Accounts receivableStart of year $36,519$15,304
X-8 Inventories for sale or useStart of year $18,029$9,977
X-9 Prepaid expenses and deferred chargesStart of year $14,910$4,916
X-10c Land, buildings and equipment, netStart of year $23,209$18,957
X-15 Other assetsStart of year $20,508$20,508
X-16 Total assetsStart of year $852,748$800,049
X-17 Accounts payable and accrued expensesStart of year $193,344$73,637
X-19 Deferred revenue$77,299
X-24 Unsecured notes and loans payable$191,970
X-25 Other liabilitiesStart of year $9,118$5,595
X-26 Total liabilitiesStart of year $202,462$348,501
X-27 Net assets without donor restrictionsStart of year $313,235$155,769
X-28 Net assets with donor restrictionsStart of year $337,051$295,779
X-32 Total net assets or fund balancesStart of year $650,286$451,548
X-33 Total liabilities and net assetsStart of year $852,748$800,049
Part XI · Reconciliation of net assets $451,548 net assets at year end
XI-1 Total revenue$746,242
XI-2 Total expenses$953,431
XI-3 Revenue less expenses−$207,189
XI-4 Net assets at start of year$650,286
XI-9 Other changes in net assets$8,451
XI-10 Net assets at end of year$451,548

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

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