The Foundation For Sustainable Forests
- Assets
- $5.7m
- Revenue
- $942.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Spartansburg, PA
- Founding
- 03/2005
- Data as of
- 12/2023
- EIN
- 30-0276631
Organization Overview
The Foundation For Sustainable Forests is located in Spartansburg, PA. The organization was established in 2005. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Sustainable Forests 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 12/2023, Foundation For Sustainable Forests generated $942.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $350.4k during the year ending 12/2023. While expenses have increased by 11.8% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUISITION AND HOLDING OF WOODED LAND FOR CULTIVATING FOREST PRODUCING LUMBER AND ESTABLISHING WILDLIFE RESERVES AND SANCTUARIES.
EDUCATIONAL PROGRAMMING-SUSTAINABLE FOREST CONFERENCE FOCUSING ON ECOSYSTEM MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Firth President | 10 | $0 | |
Thomas Hoffman Secretary | 2 | $0 | |
Kirk Johnson Director | 2 | $0 | |
John Bartlett Director | 2 | $0 | |
Cheryl Zalik Director | 2 | $0 | |
Robert Slagter Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $767,702 |
| Interest on Savings | $10,301 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $164,769 |
| Total Revenue | $942,772 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $97,845 |
| Pension plans, employee benefits | $0 |
| Interest | $9,038 |
| Taxes | $17,070 |
| Depreciation | $0 |
| Occupancy | $753 |
| Travel, conferences, and meetings | $9,368 |
| Printing and publications | $7,539 |
| Other expenses | $171,216 |
| Total operating and administrative expenses | $350,419 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $350,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,971 |
| Savings and temporary cash investments | $612,012 |
| Net Accounts receivable | $3,201 |
| Net Pledges Receivable | $0 |
| Grants receivable | $11,500 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $66,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,947,034 |
| Other assets | $5,271 |
| Total assets | $5,690,489 |
| Accounts payable and accrued expenses | $44,282 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $283,419 |
| Other liabilities | $0 |
| Total liabilities | $327,701 |