Great Peninsula Conservancy FY2022 filing

Tax-deductible

Bremerton, WA501(c)(3)Since 2000EnvironmentEIN 91-1110978

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Preserve in perpetuity the natural habitats, rural landscapes, and open spaces of the Great Peninsula of washington's puget sound.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$103K 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

FY2022 · 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
5 of 5
filings with a surplus
Average surplus $4.5M a year · 67% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.4M
+61% vs prior year
Spent
$3.0M
To programs
91%
Net assets
$24.3M
By yearFY2020–FY2024
Revenue
$7.4M
FY2022▲ +61%
Revenue by fiscal year
FY2020$4.8M
FY2021$4.6M
FY2022$7.4M
FY2023$5.9M
FY2024$11.0M
Expenses
$3.0M
FY2022▲ +204%
Expenses by fiscal year
FY2020$2.1M
FY2021$970K
FY2022$3.0M
FY2023$1.9M
FY2024$3.1M
Net assets
$24.3M
FY2022▲ +20%
Net assets by fiscal year
FY2020$16.3M
FY2021$20.3M
FY2022$24.3M
FY2023$28.7M
FY2024$37.0M

From the FY2022 Form 990 · 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: FY2024. IRS ruling in Jan 2000.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $2.7M Management & general 5% · $147K Fundraising 4% · $117K

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

12 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$103,422Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nathan Daniel’s $126K as Executive Director is at the 8th percentile of top reported officer pay among 324 $10–100M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nathan Daniel$125,942$113,492$103,422$84,553$75,000

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.

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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 natural habitats, rural landscapes, and open spaces in Washington's Puget Sound.

Provided by the organization

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3 program services account for $2.7M of program spending, described in the organization's own filed words · FY2022.
01

Program

Conservation working with partners and community groups, great peninsula conservancy protected lands and waters in kitsap, mason, and pierce counties, wa for wildlife and people. Great peninsula conservancy protected 500 acres of ecologically valuable lands.

$2.4Mprogram expense
02

Program

Stewardship in collaboration with community partners and volunteers, great peninsula conservancy conducted stewardship activities on our conserved lands. GPC worked to restore forest health and improve shoreline habitat on several GPC preserves.

$188Kprogram expense
03

Program

Outreach great peninsula conservancy produced and disseminated newsletters, brochures, displays, and website and social media content to engage community members and inspire them to become involved in helping to conserve and care for forests, shorelines, and open spaces.

$59Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.4M
Ln 12
Gifts and grantsLn 1h$7.4M
Investment incomeLn 3$27K
Money outPt IX
$3.0M
Ln 25
Programscol B$2.7M
Managementcol C$147K
Fundraisingcol D$117K
Owns and owesPt X
$24.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$24.4M
LiabilitiesLn 26$47K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Government grantsLn 1e$3.2M
Noncash giftsLn 1g$919K
Fundraising eventsLn 1c$103K
Investment incomeLn 3$27K
Gains on assetsLn 7−$6K
Total revenueLn 12$7.4M
Assets in detailPt X, end of year
CashLn 1$603K
SavingsLn 2$2.2M
Cash and savings togetherLn 1–2$2.8M
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$19.6M
Total assetsLn 16$24.4M
LiabilitiesLn 26$47K
Net assetsLn 32$24.3M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6250
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3.0M$2.8M
InvestmentsLn 11–13$2.3M$1.9M
Land, buildings, equipmentLn 10c$14.9M$19.6M
Total assetsLn 16$20.3M$24.4M
LiabilitiesLn 26$41K$47K
Net assetsLn 32$20.3M$24.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$107K$79K$17K$11K
Other salaries and wagesLn 7$478K$353K$76K$48K
Pension plan contributionsLn 8$5K$3K$752$470
Other employee benefitsLn 9$36K$27K$6K$4K
Payroll taxesLn 10$52K$39K$8K$5K
Legal feesLn 11b$70$43$22$5
Accounting feesLn 11c$9K$6K$3K$748
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$2K$1K$608$162
Office expensesLn 13$57K$42K$9K$6K
OccupancyLn 16$46K$34K$7K$5K
TravelLn 17$9K$7K$2K$943
Conferences, conventions and meetingsLn 19$13K$10K$2K$1K
Depreciation, depletion and amortizationLn 22$14K$11K$2K
InsuranceLn 23$18K$13K$3K$2K
Other expenses (24a–d)Ln 24$2.1M$2.0M$803$32K
All other expensesLn 24e$22K$16K$3K$2K
Total functional expensesLn 25$3.0M$2.7M$147K$117K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $11.0M$3.1M$7.9M$37.0M 990 PDF
FY2023 $5.9M$1.9M$4.0M$28.7M 990 PDF
FY2022 Viewing $7.4M$3.0M$4.5M$24.3M 990 PDF
FY2021 $4.6M$970K$3.6M$20.3M 990 PDF
FY2020 $4.8M$2.1M$2.6M$16.3M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $7,426,620 across 9 lines filed
VIII-1c Fundraising events$103,372
VIII-1e Government grants$3,245,683
VIII-1f All other contributions, gifts and grants$4,050,949
VIII-1g Noncash contributions (included above)$919,390
VIII-1h Total contributions, gifts and grants$7,400,004
VIII-3 Investment incomeExcluded from tax $32,565$32,565
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$5,949−$5,949
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $26,616$7,426,620
Part IX · Statement of functional expenses $2,953,563 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $78,829 · Management $17,044 · Fundraising $10,652$106,525
IX-7 Other salaries and wagesPrograms $353,365 · Management $76,403 · Fundraising $47,752$477,520
IX-8 Pension plan contributionsPrograms $3,477 · Management $752 · Fundraising $470$4,699
IX-9 Other employee benefitsPrograms $26,984 · Management $5,835 · Fundraising $3,647$36,466
IX-10 Payroll taxesPrograms $38,620 · Management $8,350 · Fundraising $5,219$52,189
IX-11b Legal feesPrograms $43 · Management $22 · Fundraising $5$70
IX-11c Accounting feesPrograms $5,526 · Management $2,801 · Fundraising $748$9,075
IX-11f Investment management feesManagement $4,802$4,802
IX-11g Other fees for servicesPrograms $1,198 · Management $608 · Fundraising $162$1,968
IX-13 Office expensesPrograms $42,274 · Management $9,139 · Fundraising $5,713$57,126
IX-16 OccupancyPrograms $33,904 · Management $7,432 · Fundraising $4,557$45,893
IX-17 TravelPrograms $6,976 · Management $1,508 · Fundraising $943$9,427
IX-19 Conferences, conventions and meetingsPrograms $9,722 · Management $2,354 · Fundraising $1,314$13,390
IX-22 Depreciation, depletion and amortizationPrograms $11,383 · Management $2,347$13,730
IX-23 InsurancePrograms $13,314 · Management $2,879 · Fundraising $1,799$17,992
IX-24 Other expenses (24a–d)Programs $2,048,394 · Management $803 · Fundraising $31,948$2,081,145
IX-24e All other expensesPrograms $15,944 · Management $3,447 · Fundraising $2,155$21,546
IX-25 Total functional expensesPrograms $2,689,953 · Management $146,526 · Fundraising $117,084$2,953,563
Part X · Balance sheet $24,385,893 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $2,237,694$602,890
X-2 Savings and temporary cash investmentsStart of year $759,611$2,241,266
X-3 Pledges and grants receivableStart of year $35,557$24,338
X-9 Prepaid expenses and deferred chargesStart of year $3,391$8,062
X-10c Land, buildings and equipment, netStart of year $14,931,388$19,609,797
X-12 Other securitiesStart of year $2,334,720$1,899,540
X-16 Total assetsStart of year $20,302,361$24,385,893
X-17 Accounts payable and accrued expensesStart of year $40,544$47,010
X-26 Total liabilitiesStart of year $40,544$47,010
X-27 Net assets without donor restrictionsStart of year $1,847,236$2,219,371
X-28 Net assets with donor restrictionsStart of year $18,414,581$22,119,512
X-32 Total net assets or fund balancesStart of year $20,261,817$24,338,883
X-33 Total liabilities and net assetsStart of year $20,302,361$24,385,893
Part XI · Reconciliation of net assets $24,338,883 net assets at year end
XI-1 Total revenue$7,426,620
XI-2 Total expenses$2,953,563
XI-3 Revenue less expenses$4,473,057
XI-4 Net assets at start of year$20,261,817
XI-5 Net unrealized gains (losses) on investments−$395,991
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$24,338,883

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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