Friends Of The Cornell Lab Of Ornithology Inc
- Assets
- $56.8m
- Revenue
- $5.9m
- Investments
- $50.8m
- Employees
- 0
- Location
- Riverside, CT
- Founding
- 11/2013
- Data as of
- 12/2020
- EIN
- 46-1979945
Organization Overview
Friends Of The Cornell Lab Of Ornithology Inc is located in Riverside, CT. The organization was established in 2013. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Friends Of The Cornell Lab Of Ornithology Inc 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 12/2020, Friends Of The Cornell Lab Of Ornithology Inc generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $16.2k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND BENEFIT CORNELL UNIVERSITY, MORE SPECIFICALLY TO SUPPORT THE ACTIVITIES AND PROGRAMS OF THE CORNELL LABORATORY OF ORNITHOLOGY, AN ADMINISTRATIVE AND ACADEMIC UNIT OF THE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DID NOT MAKE ANY GRANTS TO THE CORNELL LAB OF ORNITHOLOGY DURING 2020 BECAUSE OF THE LAB BEING CLOSED DUE TO THE COVID-19 PANDEMIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin Morgens Director, President | OfficerTrustee | 0.3 | $0 |
Linda Macauley Director, V.p.,treasurer | OfficerTrustee | 0.3 | $0 |
Russell B Faucett Director, Secretary | OfficerTrustee | 0.3 | $0 |
Wendell L Bryce Asst Secretary | Officer | 0.3 | $0 |
Philip H Bartels Asst Secretary | Officer | 0.3 | $0 |
Robert Berry Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,091,048 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,091,048 |
| Total Program Service Revenue | $0 |
| Investment income | $1,416,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $437,670 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,945,266 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,952,018 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,040,794 |
| Investments—other securities | $50,789,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,782,103 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $56,782,103 |
| Total liabilities and net assets/fund balances | $56,782,103 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Friends Of The Cornell Lab Of Ornithology Inc has recieved totaling $67,880.
| Awarding Organization | Amount |
|---|---|
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: ANIMAL RELATED ACTIVITIES | $25,000 |
Natural Resources Foundation Of Wisconsin Inc Madison, WI PURPOSE: NEOTROPICAL FLYWAYS PROJECT | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $9,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $7,720 |
Klem Family Foundation Inc Armonk, NY PURPOSE: GENERAL FUNDS | $1,000 |
Joseph And Rae Gann Charitable Foundation Bal Harbour, FL PURPOSE: GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Garnet Health Urgent Care P C Middletown, NY | $2,667,409 | $6,635,976 |
Dentaquest Care Group Inc Boston, MA | $2,518,678 | $0 |
American Friends Of Sfath Emeth Yeshiva Brooklyn, NY | $187,158 | $4,689,874 |
Knights Of Columbus Charities Usa Inc New Haven, CT | $92,663,013 | $7,484,954 |
Cfleads Accord, MA | $11,022,103 | $9,422,261 |
The American University Of Greece Foundation Boston, MA | $302,640,728 | $21,990,512 |
Endeavor Catalyst Inc New York, NY | $43,515,212 | $32,419,265 |
Kipp Lynn Fund Inc Lynn, MA | $79,635,466 | $3,076,776 |
Mghpcc Holyoke Inc Holyoke, MA | $56,507,335 | $145,504 |
Mussafer Fam Foundation Boston, MA | $59,912,129 | $40,514,877 |
Jewish Community Foundation Of Dewitt, NY | $22,716,338 | $3,241,030 |
The Schenectady Foundation Schenectady, NY | $55,199,163 | $5,442,270 |