Golden State Natural Resources EIN 84-3072319

Golden State Natural Resources

EIN  84-3072319 Public charity (501(c)(3)) Sacramento, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Develops strategies to improve forest health and reduce wildfire intensity.
Leadership
Money in and out
$33K revenue, $1.9M expenses
Bottom line
99% program efficiency

Develops strategies to improve forest health and reduce wildfire intensity. For fiscal year 2024 it reported $33K in revenue, $1.9M in expenses, and $-9.7M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$-9.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.9M
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate▲ +57% vs prior filing year
Surplus margin
-5759%
revenue over expenses, this year▼ -1035% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$33K
FY2024▼ -93%
Expenses
$1.9M
FY2024▼ -37%
Total assets
$2.6M
FY2024▲ +3%
Total liabilities
$12.3M
FY2024▲ +19%
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$-9.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.9M
Total assetsPt X · Ln 16$2.6M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $1.9M of program spending, described in the organization's own filed words · FY2024.
01

GSNR is currently in the mature phase of pre-development of operations. It is anticipated that future operations will include the removal of excess biomass from forests. The original draft environmental impact report (deir) proposed that this biomass be converted into industrial pellets and was released for public review in october 2024.

$1.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGolden State Natural Resources
EINHdr · item D84-3072319
Principal addressHdr · item CSacramento, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C36)
Ruling yearIRS BMFFeb 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Siskiyou County - Director
$0Pt VII · Sec A
Vice President/Secretary
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A

Lisa McCargar - VP of’s $125K as Finance & Administration (thru 05/23) is at the 100th percentile of top reported officer pay among 134 <$100K 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 · 5 named individuals · Part VII

NameFY2023FY2022FY2021
Greg Norton$200,000$147,500
Lisa McCargar$180,214
Lisa McCargar - VP of$125,230
Kevin Cann$104,167$36,458
Greg Norton$103,077

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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Statement of Revenue

Part VIII
Program service revenue$37K · 114%
Investment income$644 · 2%
Program service revenue114%$37K
Investment income2%$644
Total revenueLn 12$33K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$1.9M
Management & general1%$23K
Total functional expensesLn 25$1.9M

Balance Sheet

Part X · end of year
CashLn 1$352K
Total assetsLn 16$2.6M
Total liabilitiesLn 26$12.3M
Total net assetsLn 32$-9.7M
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $352K · Operating expenses/yr $1.9M
2.2 months
Where the money goes
Program services
Program services $1.9M · Total expenses $1.9M
99%
Management & General
Management & general $23K · Total expenses $1.9M
1%
Fundraising
Fundraising $0 · Total expenses $1.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $64K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $33K
0%
Government reliance
Government grants — · Total revenue $33K
Earned-income share
Program service revenue $37K · Total revenue $33K
114%
Investment reliance
Investment income $644 · Total revenue $33K
+2%
Program self-sufficiency
Program service revenue $37K · Total expenses $1.9M
2%
Growth & trend
Revenue growth (YoY)
This year $33K · Prior year $502K
-93%
Net-asset trend (YoY)
End of year $-9.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $33K · Expenses $1.9M
-5759%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
Net-asset ratio
Net assets $-9.7M · Total assets $2.6M
-380%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matt Kingsley Supervisor Inyo · Reported title COUNTY - CHAIR · Highest reported compensation $0 · Total expenses $1.9M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $1.9M
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth -93%
Legal fee ratio 7%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$33K revenue · viewing · ⤓ 990 PDF
FY2023$502K revenue · ⤓ 990 PDF
FY2022$192K revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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