Bluegrass Land Conservancy INC

Tax-deductible

Lexington, KY501(c)(3)Since 1995EnvironmentEIN 61-1293032Revenue $6.6M in FY2025

On file with the IRSbluegrasslandconservancy.org450 Old Vine St Ste 105, 40507-1544 · Lexington, KYTax-exempt since Feb 2001Publicly supported charity — 170(b)(1)(A)(vi)

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Founded in 1995, Bluegrass Land Conservancy is a community-supported, nonprofit, nationally accredited Land trust working to protect Land in the Bluegrass region of kentucky through permanent conservation easements. We DO this through education and by promoting the preservation of Land for agriculture, historic and cultural heritage, wildlife habitat, natural resources, water quality, and scenic open space, to sustain a high quality of life.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 32 volunteers and 13 employees.
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
5 of 6
filings with a surplus
Average surplus $1.2M a year · 54% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$314K
to officers and key staff · 20% of spending
Top officer’s pay higher than 73% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $1.2M
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$60K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.6M
+115% vs prior year
Spent
$1.6M
To programs
79%
Net assets
$11.4M
By yearFY2020–FY2025
Revenue
$6.6M
FY2025▲ +115%
Tap a bar for its year
Revenue by fiscal year
FY2020$875K
FY2021$961K
FY2022$932K
FY2023$1.0M
FY2024$3.1M
FY2025$6.6M
Expenses
$1.6M
FY2025▲ +45%
Tap a bar for its year
Expenses by fiscal year
FY2020$791K
FY2021$776K
FY2022$861K
FY2023$1.1M
FY2024$1.1M
FY2025$1.6M
Net assets
$11.4M
FY2025▲ +95%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$3.7M
FY2022$3.4M
FY2023$3.7M
FY2024$5.9M
FY2025$11.4M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2001.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $1.2M Management & general 11% · $170K Fundraising 10% · $159K

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

21 people listed on the 990; $314K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Counsel & Director of Conservation
$169,500Pt VII · Sec A
Executive Director
$145,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ashley Greathouse’s $170K as Counsel & Director of Conservation is at the 73rd percentile of top reported officer pay among 1851 $1–10M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ashley Greathouse$169,500$150,700$145,600$105,452$103,434—
Jessie Hancock$145,000$132,600$132,500$112,954——
Jessie Wilder————$110,731$108,658

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Protects Kentucky's Bluegrass region land through conservation easements and public programs.

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2024
01

Founded in 1995, bluegrass land conservancy is a community-supported, nonprofit, nationally accredited land trust working to protect the bluegrass region of kentucky through land conservation for future generations.

$1.2Mprogram 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
See all 17 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$6.6M
Ln 12
Gifts and grantsLn 1h$6.5M
Investment incomeLn 3$284K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.2M
Managementcol C$170K
Fundraisingcol D$159K
Owns and owesPt X
$11.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$11.5M
LiabilitiesLn 26$60K
PeoplePt VI, VII
21
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.5M
Government grantsLn 1e$4.0M
Noncash giftsLn 1g$1.6M
Fundraising eventsLn 1c$328K
Investment incomeLn 3$284K
Total revenueLn 12$6.6M
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$10.0M
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$14K
Total assetsLn 16$11.5M
LiabilitiesLn 26$60K
Net assetsLn 32$11.4M
OperationsPt I, VI
EmployeesI 513
VolunteersI 632
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$628K$1.4M
InvestmentsLn 11–13$3.1M$10.0M
Land, buildings, equipmentLn 10c$6K$4K
Total assetsLn 16$5.9M$11.5M
LiabilitiesLn 26$54K$60K
Net assetsLn 32$5.9M$11.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$351K$281K$32K$39K
Other salaries and wagesLn 7$652K$521K$59K$72K
Other employee benefitsLn 9$48K$39K$4K$5K
Payroll taxesLn 10$72K$59K$7K$7K
Legal feesLn 11b$48K$48K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$11K$11K
Office expensesLn 13$107K$90K$15K$2K
TravelLn 17$19K$17K$715$1K
Conferences, conventions and meetingsLn 19$812$649$41$122
InterestLn 20$352$352
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$16K$13K$1K$1K
Other expenses (24a–d)Ln 24$199K$162K$5K$32K
All other expensesLn 24e$13K$2K$11K$43
Total functional expensesLn 25$1.6M$1.2M$170K$159K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.6M$1.6M$5.0M$11.4M 990 PDF
FY2024 $3.1M$1.1M$2.0M$5.9M 990 PDF
FY2023 $1.0M$1.1M−$45K$3.7M 990 PDF
FY2022 $932K$861K$71K$3.4M 990 PDF
FY2021 $961K$776K$185K$3.7M 990 PDF
FY2020 $875K$791K$84K$2.8M 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 $6,616,412 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,905,036$6,544,798
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $181,387$283,628
I-11 Other revenuePrior year −$15,503−$212,014
I-12 Total revenuePrior year $3,070,920$6,616,412
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $783,101$1,123,233
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $302,984$448,358
I-18 Total expensesPrior year $1,086,085$1,571,591
I-19 Revenue less expensesPrior year $1,984,835$5,044,821
Part VI · Governance 19 of 19 board members independent, 1 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,616,412 across 8 lines filed
VIII-1c Fundraising events$328,311
VIII-1e Government grants$4,000,000
VIII-1f All other contributions, gifts and grants$2,216,487
VIII-1g Noncash contributions (included above)$1,627,607
VIII-1h Total contributions, gifts and grants$6,544,798
VIII-3 Investment incomeExcluded from tax $283,628$283,628
VIII-8 Net income from fundraising eventsExcluded from tax −$212,014−$212,014
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $71,614$6,616,412
Part IX · Statement of functional expenses $1,571,591 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $280,723 · Management $31,594 · Fundraising $38,615$350,932
IX-7 Other salaries and wagesPrograms $521,299 · Management $58,672 · Fundraising $71,710$651,681
IX-9 Other employee benefitsPrograms $38,537 · Management $4,336 · Fundraising $5,299$48,172
IX-10 Payroll taxesPrograms $58,683 · Management $6,520 · Fundraising $7,245$72,448
IX-11b Legal feesPrograms $47,700$47,700
IX-11c Accounting feesManagement $33,026$33,026
IX-11g Other fees for servicesPrograms $10,750$10,750
IX-13 Office expensesPrograms $89,709 · Management $15,182 · Fundraising $1,867$106,758
IX-17 TravelPrograms $16,568 · Management $715 · Fundraising $1,431$18,714
IX-19 Conferences, conventions and meetingsPrograms $649 · Management $41 · Fundraising $122$812
IX-20 InterestManagement $352$352
IX-22 Depreciation, depletion and amortizationManagement $2,689$2,689
IX-23 InsurancePrograms $13,362 · Management $1,100 · Fundraising $1,258$15,720
IX-24 Other expenses (24a–d)Programs $162,080 · Management $5,363 · Fundraising $31,538$198,981
IX-24e All other expensesPrograms $2,087 · Management $10,726 · Fundraising $43$12,856
IX-25 Total functional expensesPrograms $1,242,147 · Management $170,316 · Fundraising $159,128$1,571,591
Part X · Balance sheet $11,508,476 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $59,185$26,174
X-2 Savings and temporary cash investmentsStart of year $568,672$1,341,190
X-3 Pledges and grants receivableStart of year $2,086,347$102,113
X-9 Prepaid expenses and deferred chargesStart of year $16,893$24,380
X-10c Land, buildings and equipment, netStart of year $6,306$3,617
X-11 Publicly traded securitiesStart of year $3,136,657$9,996,654
X-15 Other assetsStart of year $42,142$14,348
X-16 Total assetsStart of year $5,916,202$11,508,476
X-17 Accounts payable and accrued expensesStart of year $11,046$45,414
X-25 Other liabilitiesStart of year $42,459$14,348
X-26 Total liabilitiesStart of year $53,505$59,762
X-27 Net assets without donor restrictionsStart of year $3,713,799$6,593,860
X-28 Net assets with donor restrictionsStart of year $2,148,898$4,854,854
X-32 Total net assets or fund balancesStart of year $5,862,697$11,448,714
X-33 Total liabilities and net assetsStart of year $5,916,202$11,508,476
Part XI · Reconciliation of net assets $11,448,714 net assets at year end
XI-1 Total revenue$6,616,412
XI-2 Total expenses$1,571,591
XI-3 Revenue less expenses$5,044,821
XI-4 Net assets at start of year$5,862,697
XI-5 Net unrealized gains (losses) on investments$541,196
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,448,714

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

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