Fond Land Preservation Foundation
- Assets
- $9.7m
- Revenue
- $724.5k
- Investments
- $198.0
- Employees
- 0
- Location
- Studio City, CA
- Founding
- 12/2004
- Data as of
- 06/2022
- EIN
- 20-0556015
Organization Overview
Fond Land Preservation Foundation is located in Studio City, CA. The organization was established in 2004. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fond Land Preservation Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Fond Land Preservation Foundation generated $724.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $523.5k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING THE ACQUISITION AND MAINTENANCE OF OPEN SPACE FOR PUBLIC USE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Humiston President | 5 | $48,000 | |
William Eick Vice Preside | 7 | $48,000 | |
Justine M Eick Secretary | 5 | $48,000 | |
Wade Clayton Treasurer | 3 | $24,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Law Office Of Eric F Edmunds Jr | 6/29/22 | $65,417 |
Crescenta Valley Tree Inc | 6/29/22 | $81,585 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800 |
| Interest on Savings | $8,652 |
| Dividends & Interest | $548 |
| Net Rental Income | $646,280 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $724,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $168,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $54,773 |
| Interest | $446 |
| Taxes | $54,710 |
| Depreciation | $60,134 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $105,087 |
| Total operating and administrative expenses | $523,504 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $523,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $509,932 |
| Savings and temporary cash investments | $53,297 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $271,797 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $198 |
| Net Land, buildings, and equipment | $8,830,603 |
| Other assets | $0 |
| Total assets | $9,665,827 |
| Accounts payable and accrued expenses | $31,949 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $163,132 |
| Total liabilities | $195,081 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Area Delivery Drivers Security Fund Dublin, CA | $36,970,392 | $52,650,018 |
North Coast Trust Fund Alameda, CA | $33,095,236 | $31,328,979 |
Lower Columbia Estuary Partnership Portland, OR | $6,854,633 | $13,854,063 |
Rose Foundation For Communities And The Environment Oakland, CA | $13,720,278 | $9,215,891 |
Martis Fund Truckee, CA | $15,628,296 | $4,571,050 |
Swift Foundation Santa Barbara, CA | $66,818,197 | $1,459,109 |
Bay Area Industry Promotion Fund Oakland, CA | $19,424,290 | $5,651,706 |
Santa Monica Bay Foundation Playa Del Rey, CA | $2,169,499 | $3,100,072 |
Sherman Foundation Newport Beach, CA | $20,971,786 | $2,966,996 |
Inner City Education Family Los Angeles, CA | $28,478,454 | $2,246,800 |
Lake Tahoe Conservation Fund Tahoe City, CA | $9,891,050 | $3,551,350 |
Downtown Community Benefit District San Francisco, CA | $6,294,654 | $4,010,272 |