Natural Resources Conservancy INC

Tulsa, OK · Public charity (501(c)(3)) · Since 2021

✓ Tax-deductible Latest data FY2024
Revenue
$7.5M
▲ +9% vs prior year
Spent
$3.6M
To programs
69%
Net assets
$9.9M
By yearFY2021–FY2024
Revenue
$7.5M
FY2024▲ +9%
Revenue by fiscal year
FY2021$606K
FY2022$1.4M
FY2023$6.8M
FY2024$7.5M
Expenses
$3.6M
FY2024▲ +147%
Expenses by fiscal year
FY2021$49K
FY2022$1.2M
FY2023$1.4M
FY2024$3.6M
Net assets
$9.9M
FY2024▲ +64%
Net assets by fiscal year
FY2021$557K
FY2022$734K
FY2023$6.1M
FY2024$9.9M

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Figures match the IRS filing checked 8/16/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Joel Frantzman Family Foundation
$1K in the latest grant year.
Spent on programs?
69% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↑ +9% vs prior year
Legal name (IRS)Hdr · item CNatural Resources Conservancy INC
EINHdr · item D86-2617320
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2021
Year of formationHdr · item L2021
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CTulsa, OK
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jnatrecon.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$2.5M
Management & general31%$1.1M
Total functional expensesLn 25$3.6M

Financial health

Program efficiency
69%
of spending reaches programs▲ +7% vs prior filing year
Surplus margin
+52%
revenue over expenses, this year▼ -34% vs prior filing year
Donor-funded
90%
of revenue is gifts & grants▼ -10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$10.5M
FY2024▲ +70%
Total assets by fiscal year
FY2021$557K
FY2022$799K
FY2023$6.2M
FY2024$10.5M
Total liabilities
$571K
FY2024▲ +379%
Total liabilities by fiscal year
FY2021$0
FY2022$65K
FY2023$119K
FY2024$571K
Revenue less expensesPt I · Ln 19$3.9M
Total assetsPt X · Ln 16$10.5M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$10.5M
Total liabilitiesLn 26$571K
Total net assetsLn 32$9.9M
Months of cash on handcomputed3.7

Statement of Revenue

Part VIII
Contributions & grants$6.7M · 90%
Investment income$780K · 10%
Contributions & grants90%$6.7M
Investment income10%$780K
Total revenueLn 12$7.5M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses (Pt IX) $3.6M · Less non-cash grants $5.1M · Cash operating expenses/yr $-1.5M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $2.5M · Total expenses $3.6M
69%
Management & General
Management & general $1.1M · Total expenses $3.6M
31%
Fundraising
Fundraising $0 · Total expenses $3.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $24K · Solicited contributions (3-yr avg) $8.5M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $6.7M · Total revenue $7.5M
90%
Government reliance
Government grants $0 · Total revenue $7.5M
0%
Earned-income share
Program service revenue $0 · Total revenue $7.5M
0%
Investment reliance
Investment income $780K · Total revenue $7.5M
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.6M
0%
Growth & trend
Revenue growth (YoY)
This year $7.5M · Prior year $6.8M
+9%
Net-asset trend (YoY)
End of year $9.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.5M · Expenses $3.6M
+52%
Liabilities-to-Assets
Total liabilities — · Total assets $10.5M
—
Net-asset ratio
Net assets $9.9M · Total assets $10.5M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $10.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Robert Gregory · Reported title CHAIRMAN · Highest reported compensation $292K · Total expenses $3.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.3M · Total expenses $3.6M
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 31%——
Fundraising cost ratio 0%——
Revenue growth 9%——
Investment management fee ratio 0%——
Legal fee ratio 4%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$291,792Pt VII · Sec A
Vice Chair
$288,427Pt VII · Sec A
$207,846Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Boardmember
$0Pt VII · Sec A
Boardmember
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Robert Gregory$291,792$280,100$258,870$8,000
Daniel Williams$288,427$280,100$258,870$8,000
Trevor Moore$207,846$92,023$20,769—
Abigail Hoffman——$136,088—

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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Preserves unique and historic natural places across the United States and its territories.

Provided by the organization

This section is blank until Natural Resources Conservancy INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $2.5M of program spending, described in the organization's own filed words · FY2024.
01

Natural resource conservancy works collaboratively with both public and private landowners to conserve important unique and historical natural resources throughout the united states and its territories.

$2.5Mprogram expense

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Funders

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$1K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $7.5M$3.6M+9% 990 PDF
FY2023 $6.8M$1.4M+381% 990 PDF
FY2022 $1.4M$1.2M+134% 990 PDF
FY2021 $606K$49K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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