The Trust For Tomorrow
- Assets
- $3.0m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 14
- Location
- Fairfield, NC
- Founding
- 10/2010
- Data as of
- 09/2021
- EIN
- 26-4815517
Organization Overview
The Trust For Tomorrow is located in Fairfield, NC. The organization was established in 2010. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 09/2021, Trust For Tomorrow employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trust For Tomorrow 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 09/2021, Trust For Tomorrow generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $8.3m during the year ending 09/2021. While expenses have increased by 35.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: IMPROVE AND PROTECT HABITATS, PROVIDE ENVIRONMENTAL EDUCATION AND IMPROVE LAND, AIR AND WATER QUALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NC-68-4532-17-024FA GRANT: PROCESS OF RESTORING 3,500 ACRES OF WETLANDS IN NORTH CAROLINA.
NR 184209XXXX C049-FL GRANT: PROCESS OF RESTORING 58,000 ACRES OF WETLANDS IN FLORIDA.
GA 68-4310-15-21 FA : GRANT USED FOR RESTORATION ACTIVITES ON 7,500 ACRES OF WETLANDS IN GEORGIA.
OTHER WETLAND PRESERVATION, EVALUATION, AND EDUCATION PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Temple Executive Director | OfficerTrustee | 40 | $120,225 |
Karen Mason Director | Trustee | 1 | $0 |
Sarah Tolley Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capling Leveling Inc Wetland Restoration | 9/29/21 | $465,969 |
Trader Construction Co Wetland Restoration | 9/29/21 | $1,520,179 |
Riverside Excavation Inc Wetland Restoration | 9/29/21 | $745,781 |
Paleowest Resources Assessment Surveys | 9/29/21 | $579,231 |
Janus Research Resources Assessment Surveys | 9/29/21 | $498,446 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,339,322 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,106 |
| Noncash contributions included in lines 1a–1f | $40,101 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,379,428 |
| Total Program Service Revenue | $2,454,019 |
| Investment income | $38 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,833,485 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,025 |
| Compensation of current officers, directors, key employees. | $13,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $823,825 |
| Pension plan accruals and contributions | $99,490 |
| Other employee benefits | $0 |
| Payroll taxes | $77,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,265 |
| Travel | $95,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,552 |
| Insurance | $8,268 |
| All other expenses | $158,193 |
| Total functional expenses | $8,319,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $877,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,833,462 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,674 |
| Net Land, buildings, and equipment | $307,237 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,019,390 |
| Accounts payable and accrued expenses | $1,548,886 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $53,571 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,602,457 |
| Net assets without donor restrictions | $1,410,229 |
| Net assets with donor restrictions | $6,704 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,019,390 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Trust For Tomorrow has recieved totaling $18,005.
| Awarding Organization | Amount |
|---|---|
Foundation For Pennsylvaniawatersheds Johnstown, PA PURPOSE: STANDING STONE WETLA | $18,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Trust For Tomorrow Fairfield, NC | $3,019,390 | $8,833,485 |
James River Association Richmond, VA | $10,495,721 | $10,578,861 |
Restore Americas Estuaries Arlington, VA | $2,538,068 | $5,189,869 |
South Carolina Coastal Conservation League Inc Charleston, SC | $21,181,148 | $6,299,915 |
Wine To Water Boone, NC | $5,319,856 | $5,244,290 |
Cumberland River Compact Inc Nashville, TN | $19,056,025 | $3,153,928 |
South Carolina Waterfowl Association Pinewood, SC | $14,916,355 | $3,978,394 |
The Barn Group Land Trust Inc Brooks, GA | $16,806,852 | $12,541,051 |
Virgina Maritime Association Inc Norfolk, VA | $2,448,779 | $2,548,472 |
Chattahoochee Riverkeeper Inc Atlanta, GA | $5,712,357 | $2,159,639 |
South Carolina Rural Water Association Columbia, SC | $1,337,809 | $1,997,665 |
American Whitewater Sylva, NC | $2,189,173 | $2,094,145 |