Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2010.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
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
14 people listed on the 990; $113K paid to officers and key staff.
Lisa Andon’s $66K as Deputy Executive Director is at the 7th percentile of top reported officer pay among 1852 $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.
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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
Fund conservation and climate adaptation projects for a sustainable future.
Questions for Micronesia Conservation Trust
Your first name shows with your question. Micronesia Conservation Trust answers here, for everyone.
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Conservation Program
The Conservation Program consists of several on-going funding programs supporting conservation and climate change adaptation projects in marine and terrestrial ecosystems in the Federated States of Micronesia FSM the Republic of the Marshall Islands RMI the Republic of Palau ROP the US Territory of Guam and the commonwealth of the…
Capacity-Building Program
The MCT Capacity-Building Program currently supports the executive leadership and management of the region's NGOs and government line agencies through the Micronesians in Island Conservation MIC peer learning network as well as their technical staff through the Pacific Islands Managed and Protected Areas Community PIMPAC.
Administration and Finance
The Administration and Finance staff provides administrative and financial management support to the Conservation and Capacity-Building Programs. MCT's financial management system is comprised of accounting records and a series of processes and procedures assigned to staff Board of Trustees and outside professionals.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $484K | $985K |
| InvestmentsLn 11–13 | $23.7M | $25.8M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $25.0M | $27.4M |
| LiabilitiesLn 26 | $1.2M | $1.6M |
| Net assetsLn 32 | $23.8M | $25.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $138K | $138K | ||
| Grants to domestic individualsLn 2 | $32K | $32K | ||
| Grants and assistance to foreign recipientsLn 3 | $931K | $931K | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Pay of current officers, directors and key staffLn 5 | $0 | $0 | $0 | $0 |
| Pay of disqualified personsLn 6 | $0 | $0 | $0 | $0 |
| Other salaries and wagesLn 7 | $563K | $510K | $52K | $0 |
| Pension plan contributionsLn 8 | $11K | $10K | $1K | $0 |
| Other employee benefitsLn 9 | $10K | $8K | $1K | $0 |
| Payroll taxesLn 10 | $30K | $27K | $3K | $0 |
| Management feesLn 11a | $0 | $0 | $0 | $0 |
| Legal feesLn 11b | $33K | $33K | $0 | $0 |
| Accounting feesLn 11c | $16K | $0 | $16K | $0 |
| Lobbying feesLn 11d | $0 | $0 | $0 | $0 |
| Professional fundraising feesLn 11e | $0 | $0 | ||
| Investment management feesLn 11f | $44K | $0 | $44K | $0 |
| Other fees for servicesLn 11g | $0 | $0 | $0 | $0 |
| Advertising and promotionLn 12 | $7K | $7K | $0 | $0 |
| Office expensesLn 13 | $95K | $71K | $24K | $0 |
| Information technologyLn 14 | $0 | $0 | $0 | $0 |
| RoyaltiesLn 15 | $0 | $0 | $0 | $0 |
| OccupancyLn 16 | $15K | $11K | $4K | $0 |
| TravelLn 17 | $30K | $30K | $0 | $0 |
| Travel and entertainment for public officialsLn 18 | $0 | $0 | $0 | $0 |
| Conferences, conventions and meetingsLn 19 | $141K | $141K | $0 | $0 |
| InterestLn 20 | $0 | $0 | $0 | $0 |
| Payments to affiliatesLn 21 | $0 | $0 | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $0 | $0 | $0 | $0 |
| InsuranceLn 23 | $623 | $0 | $623 | $0 |
| Other expenses (24a–d)Ln 24 | $26K | $25K | $830 | $0 |
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $2.1M | $2.0M | $146K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $6.6M | $4.7M | $1.9M | $34.5M | 990 PDF |
| FY2023 | $7.3M | $3.8M | $3.5M | $31.5M | 990 PDF |
| FY2022 | $3.9M | $3.1M | $801K | $28.0M | 990 PDF |
| FY2021 | $4.6M | $3.0M | $1.5M | $27.2M | 990 PDF |
| FY2020 Viewing | $4.0M | $2.1M | $1.9M | $25.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $4,031,090 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, 2 to look at
Part VIII · Statement of revenue $4,031,090 across 16 lines filed
Part IX · Statement of functional expenses $2,121,289 across 31 lines filed
Part X · Balance sheet $27,358,812 assets, 24 lines filed
Part XI · Reconciliation of net assets $25,713,875 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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