Foothills Land Conservancy FY2023 filing

Tax-deductible

Rockford, TN501(c)(3)EnvironmentEIN 62-1256238

Foothills land conservancy is dedicated to protecting, preserving, and enhancing the lands and environments of the southern appalachian region and promoting the character of the land for the benefit of the general public.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$239K 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

FY2023 · 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
4 of 5
filings with a surplus
Average surplus $1.0M a year · 39% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$239K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $847K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$18K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.0M
+396% vs prior year
Spent
$829K
To programs
65%
Net assets
$18.1M
By yearFY2020–FY2024
Revenue
$7.0M
FY2023▲ +396%
Revenue by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.4M
FY2023$7.0M
FY2024$2.0M
Expenses
$829K
FY2023▼ -29%
Expenses by fiscal year
FY2020$3.1M
FY2021$988K
FY2022$1.2M
FY2023$829K
FY2024$1.9M
Net assets
$18.1M
FY2023▲ +48%
Net assets by fiscal year
FY2020$16.9M
FY2021$17.3M
FY2022$12.2M
FY2023$18.1M
FY2024$18.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Mar 1986.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $536K Management & general 28% · $230K Fundraising 8% · $63K

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

Who runs it and what they're paid

18 people listed on the 990; $239K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$176,031Pt VII · Sec A
Secretary
$62,960Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

William Clabough’s $166K as Executive Director is at the 72nd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William Clabough$165,999$176,031$140,546$140,349$142,363
Mark Jendrek$52,867$62,960———

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.

See Foothills 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 15aYes

Programs and updates

Protecting and preserving Southern Appalachian lands and environments for public benefit.

Provided by the organization

This section is blank until Foothills Land Conservancy claims this page.

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1 program service account for $536K of program spending, described in the organization's own filed words · FY2023.
01

Acquisition of land and conservation easements in the southern appalachian region through donation by land owners whose goal it is to preserve and protect the natural and environmental attributes of their property. To monitor, inspect, handle violations and enforce conservation easements.

$536Kprogram expense

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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 · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$847K
See all 4 funders →
Grants paid · 1 grant · $940K · 2024–2024
Flc Properties FoundationTN · FY2024$940,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$7.0M
Ln 12
Gifts and grantsLn 1h$6.4M
Investment incomeLn 3$420K
Fees for servicesLn 2g$187K
Money outPt IX
$829K
Ln 25
Programscol B$536K
Managementcol C$230K
Fundraisingcol D$63K
Owns and owesPt X
$18.1M
net assets · Ln 32
Cash and savingsLn 1–2$625K
Total assetsLn 16$18.1M
LiabilitiesLn 26$18K
PeoplePt VI, VII
18
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.4M
Noncash giftsLn 1g$2.3M
Fundraising eventsLn 1c$63K
Fees for servicesLn 2g$187K
Investment incomeLn 3$420K
Gains on assetsLn 7$202K
Total revenueLn 12$7.0M
Assets in detailPt X, end of year
CashLn 1$15
SavingsLn 2$625K
Cash and savings togetherLn 1–2$625K
InvestmentsLn 11–13$9.5M
Land, buildings, equipmentLn 10c$2.3M
Other assetsLn 15$5.6M
Total assetsLn 16$18.1M
LiabilitiesLn 26$18K
Net assetsLn 32$18.1M
OperationsPt I, VI
EmployeesI 57
VolunteersI 64
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$757K$625K
InvestmentsLn 11–13$5.6M$9.5M
Land, buildings, equipmentLn 10c$2.2M$2.3M
Total assetsLn 16$12.3M$18.1M
LiabilitiesLn 26$109K$18K
Net assetsLn 32$12.2M$18.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$243K$198K$36K$9K
Other salaries and wagesLn 7$111K$65K$9K$37K
Pension plan contributionsLn 8$8K$6K$1K$2K
Other employee benefitsLn 9$7K$4K$647$2K
Payroll taxesLn 10$21K$14K$3K$3K
Legal feesLn 11b$57K$9K$48K
Accounting feesLn 11c$53K$53K
Investment management feesLn 11f$31K$31K
Other fees for servicesLn 11g$45K$45K
Office expensesLn 13$19K$7K$4K$7K
Information technologyLn 14$10K$8K$2K$511
OccupancyLn 16$35K$26K$7K$2K
Conferences, conventions and meetingsLn 19$8K$8K
Depreciation, depletion and amortizationLn 22$15K$15K
InsuranceLn 23$33K$30K$3K
Other expenses (24a–d)Ln 24$134K$125K$9K
Total functional expensesLn 25$829K$536K$230K$63K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$1.9M$43K$18.0M 990 PDF
FY2023 Viewing $7.0M$829K$6.2M$18.1M 990 PDF
FY2022 $1.4M$1.2M$255K$12.2M 990 PDF
FY2021 $1.3M$988K$306K$17.3M 990 PDF
FY2020 $1.4M$3.1M−$1.6M$16.9M 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $7,035,388 across 12 lines filed
VIII-1c Fundraising events$62,600
VIII-1d Related organizations$250,000
VIII-1f All other contributions, gifts and grants$6,129,451
VIII-1g Noncash contributions (included above)$2,255,000
VIII-1h Total contributions, gifts and grants$6,442,051
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $187,150$187,150
VIII-3 Investment incomeExcluded from tax $218,139$218,139
VIII-6 Net rental income or lossExcluded from tax $5,550$5,550
VIII-7 Net gain or loss on sales of assetsExcluded from tax $201,737$201,737
VIII-8 Net income from fundraising eventsExcluded from tax −$21,743−$21,743
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,504$2,504
VIII-12 Total revenueRelated to mission $189,654 · Unrelated business $0 · Excluded from tax $403,683$7,035,388
Part IX · Statement of functional expenses $829,206 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $197,814 · Management $35,961 · Fundraising $8,990$242,765
IX-7 Other salaries and wagesPrograms $64,932 · Management $9,182 · Fundraising $37,265$111,379
IX-8 Pension plan contributionsPrograms $5,503 · Management $1,114 · Fundraising $1,643$8,260
IX-9 Other employee benefitsPrograms $4,099 · Management $647 · Fundraising $1,879$6,625
IX-10 Payroll taxesPrograms $14,207 · Management $3,202 · Fundraising $3,323$20,732
IX-11b Legal feesPrograms $8,817 · Management $47,850$56,667
IX-11c Accounting feesManagement $52,580$52,580
IX-11f Investment management feesManagement $30,984$30,984
IX-11g Other fees for servicesPrograms $45,058$45,058
IX-13 Office expensesPrograms $7,085 · Management $4,144 · Fundraising $7,339$18,568
IX-14 Information technologyPrograms $7,672 · Management $2,046 · Fundraising $511$10,229
IX-16 OccupancyPrograms $25,957 · Management $6,922 · Fundraising $1,730$34,609
IX-19 Conferences, conventions and meetingsManagement $7,938$7,938
IX-22 Depreciation, depletion and amortizationManagement $15,411$15,411
IX-23 InsurancePrograms $30,005 · Management $3,334$33,339
IX-24 Other expenses (24a–d)Programs $125,216 · Management $8,846$134,062
IX-25 Total functional expensesPrograms $536,365 · Management $230,161 · Fundraising $62,680$829,206
Part X · Balance sheet $18,072,707 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $15$15
X-2 Savings and temporary cash investmentsStart of year $756,613$624,887
X-3 Pledges and grants receivableStart of year $52,063$73,500
X-4 Accounts receivableStart of year $13,940$45,829
X-10c Land, buildings and equipment, netStart of year $2,245,550$2,254,533
X-11 Publicly traded securitiesStart of year $5,571,103$9,469,179
X-15 Other assetsStart of year $3,690,208$5,604,764
X-16 Total assetsStart of year $12,329,492$18,072,707
X-17 Accounts payable and accrued expensesStart of year $108,657$18,122
X-26 Total liabilitiesStart of year $108,657$18,122
X-27 Net assets without donor restrictionsStart of year $12,178,835$17,795,885
X-28 Net assets with donor restrictionsStart of year $42,000$258,700
X-32 Total net assets or fund balancesStart of year $12,220,835$18,054,585
X-33 Total liabilities and net assetsStart of year $12,329,492$18,072,707
Part XI · Reconciliation of net assets $18,054,585 net assets at year end
XI-1 Total revenue$7,035,388
XI-2 Total expenses$829,206
XI-3 Revenue less expenses$6,206,182
XI-4 Net assets at start of year$12,220,835
XI-5 Net unrealized gains (losses) on investments$347,568
XI-8 Prior period adjustments−$720,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,054,585

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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