The Trust For Tomorrow
- Assets
- $5.0m
- Revenue
- $13.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Fairfield, NC
- Founding
- 10/2010
- Data as of
- 09/2023
- 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 09/2023, Trust For Tomorrow employed 16 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 09/2023, Trust For Tomorrow generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $13.0m during the year ending 09/2023. While expenses have increased by 45.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
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 6500 ACRES OF WETLANDS IN NC.
VARIOUS WETLAND RESTORATION PROJECTS IN PROCESS IN ADDITION TO ENVIRONMENTAL STEWARDSHIP AND WATERSHED PROTECTION PROJECT.
NR197217XXXXC017-LA GRANT, AND NR207217XXXXC023-LA FA GRANT, PROCESS OF RESTORING ACRES OF WETLANDS IN LOUISIANA.
AGRICULTURAL CONSERVATION EASEMENT PROGRAM - LOUISIANA, PROCESS OF RESTORING WETLANDS AND ASSOCIATED UPLANDS FOR WILDLIFE HABITAT AND WATER QUALITY IMPROVEMENT. APPROXIMATELY 5,735 ACRES OF WETLANDS AND BOTTOMLAND HARDWOOD FORESTS RESTORED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Temple Executive Di | OfficerTrustee | 40 | $161,040 |
Amy Gonzalez Director | Trustee | 1 | $0 |
Karen Mason Director | Trustee | 1 | $0 |
Sarah Tolley Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Riverside Excavation Inc Riverside Excavation Inc Wetland Restore | 9/29/23 | $1,305,821 |
Capling Leveling Inc Capling Leveling Inc Wetland Restore | 9/29/23 | $1,208,185 |
Be Singleton & Sons Inc B E Singleton & Sons Inc Wetland Restore | 9/29/23 | $620,385 |
Tarheel Concrete Inc Tarheel Concrete Inc Wetland Restore | 9/29/23 | $526,613 |
Agra Products Llc Agra Products Llc Wetland Restore | 9/29/23 | $1,103,281 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,537,190 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $44,356 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,537,190 |
| Total Program Service Revenue | $3,951,764 |
| Investment income | $4,975 |
| 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 | $13,493,929 |
| 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. | $161,040 |
| Compensation of current officers, directors, key employees. | $16,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,351,500 |
| Pension plan accruals and contributions | $82,884 |
| Other employee benefits | $0 |
| Payroll taxes | $118,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,743 |
| 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 | $1,311 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,748 |
| Travel | $205,192 |
| 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 | $68,794 |
| Insurance | $11,636 |
| All other expenses | $81,042 |
| Total functional expenses | $12,982,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,626,459 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,095,104 |
| 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 | $3,854 |
| Net Land, buildings, and equipment | $311,203 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,036,620 |
| Accounts payable and accrued expenses | $2,538,099 |
| 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 | $27,857 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,565,956 |
| Net assets without donor restrictions | $2,470,664 |
| Net assets with donor restrictions | $0 |
| 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 | $5,036,620 |