The Trail Conservancy FY2023 filing

Tax-deductible

Austin, TX501(c)(3)Since 2003EnvironmentEIN 87-0699956

To protect, enhance and connect the Butler Trail for the benefit of all.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$334K 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 $1.2M a year · 27% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$334K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $577K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
16% of total assets
Looks good: liabilities are 16% 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
$3.7M
-4% vs prior year
Spent
$4.2M
To programs
66%
Net assets
$6.1M
By yearFY2020–FY2024
Revenue
$3.7M
FY2023▼ -4%
Revenue by fiscal year
FY2020$2.7M
FY2021$3.9M
FY2022$3.8M
FY2023$3.7M
FY2024$7.8M
Expenses
$4.2M
FY2023▲ +60%
Expenses by fiscal year
FY2020$2.2M
FY2021$2.1M
FY2022$2.6M
FY2023$4.2M
FY2024$5.1M
Net assets
$6.1M
FY2023▼ -8%
Net assets by fiscal year
FY2020$3.1M
FY2021$5.1M
FY2022$6.6M
FY2023$6.1M
FY2024$8.8M

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 Sep 2003.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $2.7M Management & general 18% · $762K Fundraising 16% · $669K

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

Who runs it and what they're paid

21 people listed on the 990; $334K paid to officers and key staff.

Part VII, Section A · reportable compensation
$210,031Pt VII · Sec A
Interim CEO
$123,623Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Hanna Cofer’s $145K as Interim CEO is at the 61st 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Heidi Anderson—$210,031$200,880$145,960$139,998
Hanna Cofer$144,864$123,623———
Kimberly McNeeley$120,130————
Jessica Stewart$119,838————
Grady Reed$112,101————
Mandi Thomas$110,905————
Ashley Fisher$35,000————

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 The Trail 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

Protects, enhances, and connects the Butler Trail for everyone's benefit.

Provided by the organization

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2 program services account for $2.7M of program spending, described in the organization's own filed words · FY2023.
01

In 2023, the Organization continued into its second full year of the Park Operations and Maintenance Agreement with the City of Austin. Significant ecological restoration work was complete Trail-wide, including shoreline restoration and stabilization, urban forestry expansion, significant invasive species removal, and wildflower meadow…

$1.6Mprogram expense
02

The Organization worked on the following capital projects during 2023: the Butler Shores Exercise Equipment project was officially opened in 2023, and other projects progressed through advanced design development and community engagement including the Holly Project and Comprehensive Signage Plan.

$1.1Mprogram 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 · funders on record
Grants received · FY2024
See all 9 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Other incomeLn 4–11$72K
Investment incomeLn 3$17K
Money outPt IX
$4.2M
Ln 25
Programscol B$2.7M
Managementcol C$762K
Fundraisingcol D$669K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$7.3M
LiabilitiesLn 26$1.2M
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$3.6M
Government grantsLn 1e$485K
Noncash giftsLn 1g$302K
Fundraising eventsLn 1c$551K
Investment incomeLn 3$17K
Other incomeLn 4–11$72K
Gains on assetsLn 7$8K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$359K
SavingsLn 2$4.8M
Cash and savings togetherLn 1–2$5.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$453K
Other assetsLn 15$58K
Total assetsLn 16$7.3M
LiabilitiesLn 26$1.2M
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 520
VolunteersI 61,153
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$5.3M$5.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$449K$453K
Total assetsLn 16$7.8M$7.3M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$6.6M$6.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$360K$108K$171K$81K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.1M$653K$186K$268K
Pension plan contributionsLn 8$19K$11K$3K$5K
Other employee benefitsLn 9$103K$58K$20K$25K
Payroll taxesLn 10$104K$55K$25K$25K
Management feesLn 11a$0
Legal feesLn 11b$9K$5K$3K$850
Accounting feesLn 11c$16K$16K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$31K$31K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$162K$4K$138K$20K
Advertising and promotionLn 12$10K$7K$3K
Office expensesLn 13$30K$420$20K$9K
Information technologyLn 14$57K$9K$31K$17K
RoyaltiesLn 15$0
OccupancyLn 16$142K$82K$30K$30K
TravelLn 17$11K$5K$6K$717
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$51K$27K$12K$12K
InsuranceLn 23$24K$24K
Other expenses (24a–d)Ln 24$1.8M$1.7M$10K$135K
All other expensesLn 24e$82K$11K$63K$8K
Total functional expensesLn 25$4.2M$2.7M$762K$669K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.8M$5.1M$2.8M$8.8M 990 PDF
FY2023 Viewing $3.7M$4.2M−$479K$6.1M 990 PDF
FY2022 $3.8M$2.6M$1.3M$6.6M 990 PDF
FY2021 $3.9M$2.1M$1.8M$5.1M 990 PDF
FY2020 $2.7M$2.2M$474K$3.1M 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 $3,678,861 across 12 lines filed
VIII-1c Fundraising events$551,114
VIII-1e Government grants$484,822
VIII-1f All other contributions, gifts and grants$2,554,778
VIII-1g Noncash contributions (included above)$302,029
VIII-1h Total contributions, gifts and grants$3,590,714
VIII-3 Investment incomeExcluded from tax $8,600$8,600
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,019$8,019
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $71,528$71,528
VIII-12 Total revenueExcluded from tax $88,147$3,678,861
Part IX · Statement of functional expenses $4,157,446 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $108,055 · Management $171,295 · Fundraising $80,835$360,185
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $652,671 · Management $185,641 · Fundraising $267,936$1,106,248
IX-8 Pension plan contributionsPrograms $11,456 · Management $2,876 · Fundraising $4,635$18,967
IX-9 Other employee benefitsPrograms $58,344 · Management $19,532 · Fundraising $25,365$103,241
IX-10 Payroll taxesPrograms $54,520 · Management $24,902 · Fundraising $24,864$104,286
IX-11a Management fees$0
IX-11b Legal feesPrograms $4,938 · Management $2,793 · Fundraising $850$8,581
IX-11c Accounting feesManagement $15,955$15,955
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $31,000$31,000
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $4,173 · Management $138,037 · Fundraising $20,226$162,436
IX-12 Advertising and promotionPrograms $6,788 · Management $3,175$9,963
IX-13 Office expensesPrograms $420 · Management $20,455 · Fundraising $9,062$29,937
IX-14 Information technologyPrograms $8,537 · Management $30,975 · Fundraising $17,098$56,610
IX-15 Royalties$0
IX-16 OccupancyPrograms $81,685 · Management $30,355 · Fundraising $30,310$142,350
IX-17 TravelPrograms $4,579 · Management $6,151 · Fundraising $717$11,447
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $26,667 · Management $12,181 · Fundraising $12,162$51,010
IX-23 InsuranceManagement $24,173$24,173
IX-24 Other expenses (24a–d)Programs $1,693,055 · Management $10,342 · Fundraising $135,201$1,838,598
IX-24e All other expensesPrograms $11,342 · Management $62,806 · Fundraising $8,311$82,459
IX-25 Total functional expensesPrograms $2,727,230 · Management $761,644 · Fundraising $668,572$4,157,446
Part X · Balance sheet $7,253,064 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $514,228$359,281
X-2 Savings and temporary cash investmentsStart of year $4,818,964$4,784,398
X-3 Pledges and grants receivableStart of year $1,197,645$876,168
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $17,134$18,319
X-10c Land, buildings and equipment, netStart of year $448,884$453,162
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $743,849$703,469
X-15 Other assetsStart of year $51,515$58,267
X-16 Total assetsStart of year $7,792,219$7,253,064
X-17 Accounts payable and accrued expensesStart of year $264,493$359,169
X-19 Deferred revenueStart of year $2,500$15,085
X-25 Other liabilitiesStart of year $943,838$767,831
X-26 Total liabilitiesStart of year $1,210,831$1,174,127
X-27 Net assets without donor restrictionsStart of year $2,275,929$2,386,370
X-28 Net assets with donor restrictionsStart of year $4,305,459$3,692,567
X-32 Total net assets or fund balancesStart of year $6,581,388$6,078,937
X-33 Total liabilities and net assetsStart of year $7,792,219$7,253,064
Part XI · Reconciliation of net assets $6,078,937 net assets at year end
XI-1 Total revenue$3,678,861
XI-2 Total expenses$4,157,446
XI-3 Revenue less expenses−$478,585
XI-4 Net assets at start of year$6,581,388
XI-6 Donated services and use of facilities−$30,618
XI-9 Other changes in net assets$6,752
XI-10 Net assets at end of year$6,078,937

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

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