To increase the velocity and the scale of Conservation efforts in the united states and to support the growing development of the Conservation finance sector.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 7 volunteers and 5 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
3 of 4
filings with a surplus
Average surplus $43K a year · 2% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$324K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $90K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
+91% vs prior year
Spent
$5.2M
To programs
97%
Net assets
$281K
By yearFY2022–FY2025
Revenue
$5.3M
FY2025▲ +91%
Tap a bar for its year
Revenue by fiscal year
FY2022$275K
FY2023$175K
FY2024$2.8M
FY2025$5.3M
Expenses
$5.2M
FY2025▲ +100%
Tap a bar for its year
Expenses by fiscal year
FY2022$78K
FY2023$405K
FY2024$2.6M
FY2025$5.2M
Net assets
$281K
FY2025▲ +141%
Tap a bar for its year
Net assets by fiscal year
FY2022$198K
FY2023−$32K
FY2024$117K
FY2025$281K

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2020.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $5.1M Management & general 3% · $132K

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

9 people listed on the 990; $324K 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
$163,750Pt VII · Sec A
Managing Director
$160,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member (until 4/4/25)
$0Pt VII · Sec A

Callan Dever’s $164K as CEO is at the 71st 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

NameFY2025FY2024FY2023FY2022
Callan Dever$163,750———
Morgan Maloney$160,500$136,250$99,000—
Callan Walsh Dever—$150,000$137,500$50,000

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 Conservation Innovation Fund 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

Accelerates and scales conservation efforts while fostering the growth of conservation finance.

Questions for Conservation Innovation Fund

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Your first name shows with your question. Conservation Innovation Fund answers here, for everyone.

Provided by the organization

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1 program · $5.1M · in their own filed words · FY2024
01

To increase the velocity and the scale of conservation efforts in the united states and to support the growing development of the conservation finance sector.

$5.1Mprogram expense

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 2 funders$90K
Grants paid · 22 grants · $6.3M · 2023–2024
Unitemized GrantFY2024$3,389,589
Maryland & Virginia Milk Producers Cooperative AssociationFY2024$213,546
Aggrow Tech LLCFY2024$194,725
Cool Lawn LLCFY2023$733,365
Davis DairyFY2023$276,615
Zimmermans's Hilltop DairyFY2023$270,210
Maryland & Virginia Milk Producers Cooperative AssociationFY2023$156,085
Show Top Farms INCFY2023$55,430
Unitemized GrantFY2023$52,650
Unitemized GrantFY2023$50,220
See all 22 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Gifts and grantsLn 1h$5.2M
Fees for servicesLn 2g$68K
Investment incomeLn 3$158
Money outPt IX
$5.2M
Ln 25
Programscol B$5.1M
Managementcol C$132K
Owns and owesPt X
$281K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$299K
LiabilitiesLn 26$17K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.2M
Government grantsLn 1e$4.9M
Fees for servicesLn 2g$68K
Investment incomeLn 3$158
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$114K
SavingsLn 2$93K
Cash and savings togetherLn 1–2$207K
Total assetsLn 16$299K
LiabilitiesLn 26$17K
Net assetsLn 32$281K
OperationsPt I, VI
EmployeesI 55
VolunteersI 67
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
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$115K$207K
Total assetsLn 16$117K$299K
LiabilitiesLn 26$0$17K
Net assetsLn 32$117K$281K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$967K$967K
Grants to domestic individualsLn 2$3.4M$3.4M
Pay of current officers, directors and key staffLn 5$324K$313K$11K
Other salaries and wagesLn 7$233K$201K$32K
Other employee benefitsLn 9$8K$6K$2K
Payroll taxesLn 10$46K$42K$4K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$136K$95K$41K
Advertising and promotionLn 12$67K$67K
Office expensesLn 13$11K$11K
OccupancyLn 16$6K$6K
TravelLn 17$7K$614$7K
Conferences, conventions and meetingsLn 19$2K$2K
Other expenses (24a–d)Ln 24$7K$4K$3K
Total functional expensesLn 25$5.2M$5.1M$132K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.3M$5.2M$53K$281K 990 PDF
FY2024 $2.8M$2.6M$149K$117K 990 PDF
FY2023 $175K$405K−$229K−$32K 990 PDF
FY2022 $275K$78K$198K$198K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $5,268,393 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,759,780$5,200,470
I-9 Program service revenuePrior year $0$67,765
I-10 Investment incomePrior year $10$158
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,759,790$5,268,393
I-13 Grants and similar amounts paidPrior year $1,968,062$4,356,090
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $508,619$610,107
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $134,447$248,899
I-18 Total expensesPrior year $2,611,128$5,215,096
I-19 Revenue less expensesPrior year $148,662$53,297
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $5,268,393 across 6 lines filed
VIII-1e Government grants$4,898,420
VIII-1f All other contributions, gifts and grants$302,050
VIII-1h Total contributions, gifts and grants$5,200,470
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $67,765$67,765
VIII-3 Investment incomeExcluded from tax $158$158
VIII-12 Total revenueRelated to mission $67,765 · Unrelated business $0 · Excluded from tax $158$5,268,393
Part IX · Statement of functional expenses $5,215,096 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $966,501$966,501
IX-2 Grants to domestic individualsPrograms $3,389,589$3,389,589
IX-5 Pay of current officers, directors and key staffPrograms $312,660 · Management $11,340$324,000
IX-7 Other salaries and wagesPrograms $200,763 · Management $31,852$232,615
IX-9 Other employee benefitsPrograms $6,034 · Management $1,683$7,717
IX-10 Payroll taxesPrograms $42,135 · Management $3,640$45,775
IX-11c Accounting feesManagement $12,196$12,196
IX-11g Other fees for servicesPrograms $94,559 · Management $41,344$135,903
IX-12 Advertising and promotionPrograms $66,504$66,504
IX-13 Office expensesManagement $11,322$11,322
IX-16 OccupancyManagement $5,795$5,795
IX-17 TravelPrograms $614 · Management $6,880$7,494
IX-19 Conferences, conventions and meetingsManagement $2,443$2,443
IX-24 Other expenses (24a–d)Programs $3,890 · Management $3,352$7,242
IX-25 Total functional expensesPrograms $5,083,249 · Management $131,847 · Fundraising $0$5,215,096
Part X · Balance sheet $298,663 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $115,401$114,452
X-2 Savings and temporary cash investments$92,976
X-3 Pledges and grants receivable$88,978
X-9 Prepaid expenses and deferred charges$2,257
X-16 Total assetsStart of year $116,750$298,663
X-17 Accounts payable and accrued expenses$17,291
X-26 Total liabilitiesStart of year $0$17,291
X-27 Net assets without donor restrictionsStart of year $116,750$281,372
X-32 Total net assets or fund balancesStart of year $116,750$281,372
X-33 Total liabilities and net assetsStart of year $116,750$298,663
Part XI · Reconciliation of net assets $281,372 net assets at year end
XI-1 Total revenue$5,268,393
XI-2 Total expenses$5,215,096
XI-3 Revenue less expenses$53,297
XI-4 Net assets at start of year$116,750
XI-8 Prior period adjustments$111,325
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$281,372

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

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