Bluegrass Conservancy Inc
- Assets
- $3.8m
- Revenue
- $961.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Lexington, KY
- Founding
- 02/2001
- Data as of
- 06/2021
- EIN
- 61-1293032
Organization Overview
Bluegrass Conservancy Inc, operating under the name Bluegrass Conservancy, is located in Lexington, KY. The organization was established in 2001. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 06/2021, Bluegrass Conservancy employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluegrass Conservancy 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 06/2021, Bluegrass Conservancy generated $961.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $776.3k during the year ending 06/2021. While expenses have increased by 7.5% 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
FOUNDED IN 1995, BLUEGRASS LAND CONSERVANCY IS A COMMUNITY-SUPPORTED, NONPROFIT, NATIONALLY ACCREDITED LAND TRUST WORKING TO PROTECT LAND IN THE BLUEGRASS REGION OF KENTUCKY THROUGH PERMANENT CONSERVATION EASEMENTS AND RELATED PUBLIC PROGRAMS FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1995, BLUEGRASS LAND CONSERVANCY IS A COMMUNITY-SUPPORTED, NONPROFIT, NATIONALLY ACCREDITED LAND TRUST WORKING TO PROTECT THE BLUEGRASS REGION OF KENTUCKY THROUGH LAND CONSERVATION FOR FUTURE GENERATIONS. IT ENCOURAGES THE PRESERVATION OF THESE LANDS FOR AGRICULTURAL VIABILITY, NATURAL HABITAT, RURAL HERITAGE, AND SCENIC OPEN SPACE. THANKS TO INCREASING COMMUNITY SUPPORT, THE CONSERVANCY HAS ASSISTED NUMEROUS FARM FAMILIES TO PERMANENTLY PROTECT OVER 30,000 ACRES USING CONSERVATION EASEMENTS. AN ALL-VOLUNTEER BOARD OF DIRECTORS GOVERNS BLUEGRASS LAND CONSERVANCY, WHILE A SMALL STAFF CARRIES ON OUR DAY-TO-DAY OPERATIONS SUCH AS ASSISTING FAMILIES WITH CONSERVING THEIR FARMS, PROVIDING GUIDANCE TOWARDS THE LONG-TERM MONITORING AND STEWARDSHIP OF PROTECTED LANDS, UPHOLDING THE LONG-TERM CONSERVATION VISION FOR EACH PROPERTY, AND EDUCATING THE COMMUNITY ON THE IMPORTANCE OF LAND CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Wilder Executive Director | Officer | 40 | $110,731 |
Ashley Greathouse Counsel & Director Of Conservation | 40 | $103,434 | |
Austin Musselman Co-Vice-Chair | OfficerTrustee | 3 | $0 |
Joel Turner Secretary | OfficerTrustee | 3 | $0 |
Michael Potapov Treasurer | OfficerTrustee | 3 | $0 |
Margaret Graves Co-Vice-Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,780 |
| Related organizations | $0 |
| Government grants | $216,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $639,001 |
| Noncash contributions included in lines 1a–1f | $120,962 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $919,981 |
| Total Program Service Revenue | $0 |
| Investment income | $28,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,506 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $961,276 |
| 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. | $116,942 |
| Compensation of current officers, directors, key employees. | $5,847 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,015 |
| Payroll taxes | $37,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,498 |
| Fees for services: Accounting | $24,307 |
| 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 | $12,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,382 |
| Travel | $3,677 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,661 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,714 |
| Insurance | $12,991 |
| All other expenses | $6,317 |
| Total functional expenses | $776,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,805 |
| Savings and temporary cash investments | $715,891 |
| Pledges and grants receivable | $61,651 |
| 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 | $14,583 |
| Net Land, buildings, and equipment | $9,522 |
| Investments—publicly traded securities | $2,919,332 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,752,784 |
| Accounts payable and accrued expenses | $32,004 |
| 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 | $9,562 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $41,566 |
| Net assets without donor restrictions | $1,886,262 |
| Net assets with donor restrictions | $1,824,956 |
| 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 | $3,752,784 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bluegrass Conservancy Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Bonnie Family Foundation Keswick, VA PURPOSE: GENERAL | $25,000 |
Endowment Analysis
| Beg. Balance | $814,553 |
| Earnings | $311,920 |
| Net Contributions | $100,000 |
| Ending Balance | $1,226,473 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Reserve Land Conservancy Moreland Hills, OH | $30,804,258 | $21,482,529 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Openlands Chicago, IL | $37,602,836 | $9,254,791 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Land Trust For Tennessee Inc Nashville, TN | $24,045,092 | $4,129,324 |
Conservation Foundation Naperville, IL | $10,642,016 | $3,351,729 |
Lake Forest Open Lands Association Lake Forest, IL | $65,831,069 | $6,633,518 |
Ll Foundation Keytesville, MO | $2,819,800 | $2,090,334 |
Jo Daviess Conservation Foundation Inc Elizabeth, IL | $13,683,840 | $1,728,367 |
Wolf River Conservancy Inc Memphis, TN | $15,646,537 | $1,584,192 |
Green Umbrella Cincinnati, OH | $7,040,647 | $6,122,711 |