Potomac Conservancy Inc
- Assets
- $2.4m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Silver Spring, MD
- Founding
- 10/1993
- Data as of
- 09/2021
- EIN
- 52-1842501
Organization Overview
Potomac Conservancy Inc is located in Silver Spring, MD. The organization was established in 1993. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 09/2021, Potomac Conservancy Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac Conservancy 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 09/2021, Potomac Conservancy Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $2.8m during the year ending 09/2021. While expenses have increased by 9.8% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND PROTECTION: WE WORK ONE-ON-ONE WITH PRIVATE LANDOWNERS TO PROTECT FORESTED AND OPEN SPACE LANDS IN THE HEADWATERS REGIONS AND PROVIDE RESOURCES TO ENSURE OUR WORKING LANDS ARE BOTH PRODUCTIVE AND RIVER-FRIENDLY.
COMMUNITY CONSERVATION: WE MOBILIZE THOUSANDS OF VOLUNTEERS IN HANDS-ON RESTORATION EFFORTS TO RAISE AWARENESS, INSPIRE ACTION AND EMPOWER OUR FRIENDS AND NEIGHBORS TO MAKE A DIFFERENCE IN THEIR COMMUNITIES.
COMMUNICATIONS: WE LEAD GROWTH INITIATVES THROUGH ONLINE ENGAGEMENT, MARKETING AND BRAND DEVELOPMENT. CONSERVATION IMPACT OF THE POTOMAC RIVER IS COMMUNICATED TO THE PUBLIC THROUGH 'THE POTOMAC RIVER REPORT CARD', AN ANNUAL REPORT DETAILING THE POTOMAC RIVER'S HEALTH GRADE, 'RISING TO THE CHALLENGE', A LOCAL CLIMATE SERIES PUBLICATION, AND THE CONSERVANCY'S ANNUAL REPORT WHICH CELEBRATES THE CONSERVANCY'S PROGRESS TO PREVENT POLLUTION, SAVE OUR REGION'S FORESTS AND BUILD STRONG COMMUNITIES.
PUBLIC POLICY: WE BUILD A VIBRANT AND DIVERSE RIVER CONSTITUENCY IN TARGETED COUNTIES TO ADVOCATE FOR, AND SUCCESSFULLY URGE PASSAGE OF, RIVER-FRIENDLY LAND USE POLICIES THAT HAVE BROAD IMPACT ON WATER QUALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hedrick Belin President | Officer | 40 | $156,275 |
Helen Morrison Treasurer | OfficerTrustee | 10 | $0 |
Rebecca Wodder Chair | OfficerTrustee | 10 | $0 |
Philip Tabas Vice-Chair | OfficerTrustee | 10 | $0 |
Georgia Nassikas Secretary | OfficerTrustee | 10 | $0 |
Donald Ayer Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,479,901 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,891,593 |
| Noncash contributions included in lines 1a–1f | $10,428 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,371,494 |
| Total Program Service Revenue | $0 |
| Investment income | $5,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,377,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,532,762 |
| 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. | $194,447 |
| Compensation of current officers, directors, key employees. | $19,445 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $478,051 |
| Pension plan accruals and contributions | $10,306 |
| Other employee benefits | $31,304 |
| Payroll taxes | $47,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,000 |
| Fees for services: Accounting | $68,048 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $42,250 |
| Fees for services: Investment Management | $217 |
| Fees for services: Other | $64,152 |
| Advertising and promotion | $1,408 |
| Office expenses | $113,160 |
| Information technology | $10,966 |
| Royalties | $0 |
| Occupancy | $58,365 |
| Travel | $2,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,263 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,445 |
| Insurance | $17,420 |
| All other expenses | $3,529 |
| Total functional expenses | $2,763,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $735,861 |
| Savings and temporary cash investments | $1,136,362 |
| Pledges and grants receivable | $25,923 |
| Accounts receivable, net | $5,938 |
| 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 | $11,708 |
| Net Land, buildings, and equipment | $27,289 |
| Investments—publicly traded securities | $221,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,744 |
| Total assets | $2,434,845 |
| Accounts payable and accrued expenses | $267,537 |
| 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 | $23,022 |
| Total liabilities | $290,559 |
| Net assets without donor restrictions | $1,159,019 |
| Net assets with donor restrictions | $985,267 |
| 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 | $2,434,845 |
Grants Awarded
Over the last fiscal year, Potomac Conservancy Inc has awarded $1,531,262 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCHILL COMMUNITY FOUNDATION PURPOSE: STREAM RESTORATION/CONSERVATION | $1,406,262 |
New Market, VA PURPOSE: RESTORATION/CONSERVATION | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Potomac Conservancy Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Wallace Genetic Foundation Ii Inc Washington, DC PURPOSE: GENERALOPERATINGSUPPORT | $30,000 |
Alice Shaver Foundation Williamstown, MA PURPOSE: CHARITABLE | $10,000 |
Endowment Analysis
| Beg. Balance | $164,003 |
| Net Contributions | $439,997 |
| Ending Balance | $604,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Alliance For Climate Protection Washington, DC | $25,753,907 | $26,022,257 |
National Recreation & Park Association Ashburn, VA | $21,753,457 | $20,081,113 |
Clean Future Forum Inc Washington, DC | $8,962,972 | $9,558,489 |
Chesapeake Bay Trust Annapolis, MD | $22,649,655 | $15,960,669 |
Council On Library And Information Resources Alexandria, VA | $9,356,231 | $5,065,712 |
Rights And Resources Institute Inc Washington, DC | $36,334,536 | $33,675,806 |
Business Network For Maryland Offshore Wind Inc Baltimore, MD | $8,195,711 | $11,516,807 |
Environmental Law Institute Inc Washington, DC | $12,016,596 | $6,844,953 |
Oyster Recovery Partnership Inc Annapolis, MD | $2,077,192 | $6,281,689 |
Citizens Conservation Corps Inc Beckley, WV | $2,179,540 | $6,277,989 |
Nature Forward Inc Chevy Chase, MD | $13,470,867 | $5,136,432 |
Capital Region Land Conservancy Inc Richmond, VA | $3,496,641 | $3,866,671 |