Mathews County Land Conservancy

Tax-deductible

Mathews, VA501(c)(3)EnvironmentEIN 54-1705572Revenue $183K in FY2025

On file with the IRSPo Box 306, 23109-0306 · Mathews, VATax-exempt since Aug 1994Publicly supported charity — 170(b)(1)(A)(vi)

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Preserve/restore williams wharf and provide water activies.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 10 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $22K a year · 17% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$20K
to officers and key staff · 18% of spending
Top officer’s pay lower than 90% of similar orgs
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $59K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$80K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$183K
+3% vs prior year
Spent
$111K
To programs
92%
Net assets
$4.2M
By yearFY2020–FY2025
Revenue
$183K
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$68K
FY2021$201K
FY2022$76K
FY2023$81K
FY2024$178K
FY2025$183K
Expenses
$111K
FY2025▼ -37%
Tap a bar for its year
Expenses by fiscal year
FY2020$93K
FY2021$88K
FY2022$78K
FY2023$109K
FY2024$177K
FY2025$111K
Net assets
$4.2M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$4.0M
FY2022$4.0M
FY2023$4.1M
FY2024$4.2M
FY2025$4.2M

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1994.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $101K Management & general 4% · $5K Fundraising 4% · $5K

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

11 people listed on the 990; $20K paid to officers and key staff.

Part VII, Section A · reportable compensation
$19,562Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Gwen Derforge’s $20K as Director is at the 10th percentile of top reported officer pay among 1989 $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.

See Mathews County Land Conservancy 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 15aNo

Programs and updates

Preserves and restores Williams Wharf, offering water activities.

Questions for Mathews County Land Conservancy

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Provided by the organization

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1 program · $82K · in their own filed words · FY2025
01

Preserve & restore the williams wharf area location on the east river in mathews co & provide a recreation area & museum for boating & other water activites.

$82Kprogram 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
Total grants receivedfrom 1 funder$59K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$183K
Ln 12
Gifts and grantsLn 1h$156K
Fees for servicesLn 2g$14K
Other incomeLn 4–11$13K
Money outPt IX
$111K
Ln 25
Programscol B$101K
Managementcol C$5K
Fundraisingcol D$5K
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$116K
Total assetsLn 16$4.3M
LiabilitiesLn 26$80K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$156K
Government grantsLn 1e$17K
Fees for servicesLn 2g$14K
Investment incomeLn 3$1K
Other incomeLn 4–11$13K
Gains on assetsLn 7−$2K
Total revenueLn 12$183K
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$65K
Cash and savings togetherLn 1–2$116K
Land, buildings, equipmentLn 10c$4.2M
Total assetsLn 16$4.3M
LiabilitiesLn 26$80K
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
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 FY25End FY25
Cash and savingsLn 1–2$76K$116K
Land, buildings, equipmentLn 10c$4.3M$4.2M
Total assetsLn 16$4.3M$4.3M
LiabilitiesLn 26$176K$80K
Net assetsLn 32$4.2M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$20K$20K
Payroll taxesLn 10$1K$1K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$5K$5K
OccupancyLn 16$6K$6K
InterestLn 20$8K$8K
Depreciation, depletion and amortizationLn 22$28K$28K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$24K$23K$1K
All other expensesLn 24e$425$400$25
Total functional expensesLn 25$111K$101K$5K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $183K$111K$73K$4.2M 990 PDF
FY2024 $178K$177K$1K$4.2M 990 PDF
FY2023 $81K$109K−$28K$4.1M 990 PDF
FY2022 $76K$78K−$2K$4.0M 990 PDF
FY2021 $201K$88K$113K$4.0M 990 PDF
FY2020 $68K$93K−$25K$3.9M 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 FY2025 990 (6 parts)
Part I · Summary $183,295 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $137,353$156,467
I-9 Program service revenuePrior year $8,975$13,536
I-10 Investment incomePrior year $17,206−$755
I-11 Other revenuePrior year $14,149$14,047
I-12 Total revenuePrior year $177,683$183,295
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $34,610$21,058
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $141,931$89,644
I-18 Total expensesPrior year $176,541$110,702
I-19 Revenue less expensesPrior year $1,142$72,593
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $183,295 across 8 lines filed
VIII-1e Government grants$17,465
VIII-1f All other contributions, gifts and grants$139,002
VIII-1h Total contributions, gifts and grants$156,467
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,536$13,536
VIII-3 Investment incomeExcluded from tax $1,101$1,101
VIII-7 Net gain or loss on sales of assetsRelated to mission −$1,856−$1,856
VIII-8 Net income from fundraising eventsExcluded from tax $14,047$14,047
VIII-12 Total revenueRelated to mission $11,680 · Excluded from tax $15,148$183,295
Part IX · Statement of functional expenses $110,702 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $19,562$19,562
IX-10 Payroll taxesPrograms $1,496$1,496
IX-11c Accounting feesManagement $3,600$3,600
IX-12 Advertising and promotionFundraising $4,623$4,623
IX-16 OccupancyPrograms $5,740$5,740
IX-20 InterestPrograms $8,427$8,427
IX-22 Depreciation, depletion and amortizationPrograms $28,133$28,133
IX-23 InsurancePrograms $15,044$15,044
IX-24 Other expenses (24a–d)Programs $22,545 · Management $1,107$23,652
IX-24e All other expensesPrograms $400 · Management $25$425
IX-25 Total functional expensesPrograms $101,347 · Management $4,732 · Fundraising $4,623$110,702
Part X · Balance sheet $4,303,760 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $35,611$50,750
X-2 Savings and temporary cash investmentsStart of year $40,813$65,000
X-10c Land, buildings and equipment, netStart of year $4,250,542$4,188,010
X-16 Total assetsStart of year $4,326,966$4,303,760
X-25 Other liabilitiesStart of year $2,234$1,304
X-26 Total liabilitiesStart of year $175,657$79,858
X-32 Total net assets or fund balancesStart of year $4,151,309$4,223,902
X-33 Total liabilities and net assetsStart of year $4,326,966$4,303,760
Part XI · Reconciliation of net assets $4,223,902 net assets at year end
XI-1 Total revenue$183,295
XI-2 Total expenses$110,702
XI-3 Revenue less expenses$72,593
XI-4 Net assets at start of year$4,151,309
XI-10 Net assets at end of year$4,223,902

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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