The Land Trust Of North Alabama Inc
- Assets
- $39.5m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Huntsville, AL
- Founding
- 07/1988
- Data as of
- 12/2021
- EIN
- 63-0974278
Organization Overview
The Land Trust Of North Alabama Inc is located in Huntsville, AL. The organization was established in 1988. 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 12/2021, Land Trust Of North Alabama Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Trust Of North Alabama 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 12/2021, Land Trust Of North Alabama Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $718.3k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 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
TO PRESERVE AND PROTECT NORTH ALABAMA LAND AND ITS LEGACIES FOR CONSERVATION, PUBLIC RECREATION, AND ENVIRONMENTAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FY 2021, THE LAND TRUST OF NORTH ALABAMA (LTNA) CONTINUED PROGRAMS IN FURTHERANCE OF OUR MISSION TO PROTECT AND PRESERVE LAND AND ITS LEGACIESFOR CONSERVATION, PUBLIC RECREATION AND ENVIRONMENTAL EDUCATION. THE LTNA CONSERVED AN ADDITIONAL 450 ACRES IN 2021, BRINGING THE TOTAL OF OWNED AND MANAGED CONSERVATION PROPERTY TO OVER 9300 ACRES. LTNA ALSO PROVIDED A WIDE RANGE OF NATURE-BASED EDUCATION AND RECREATION OPPORTUNITIES, INCLUDING FIELD TRIPS, ON-CAMPUS SCHOOL PROGRAMS, AND GUIDED HIKES. OF COURSE, ALL 8 OF OUR NATURE PRESERVES ARE OPEN DAILY FOR PEOPLE TO ENJOY ACTIVITIES INCLUDING HIKING, BIKING, WILDLIFE VIEWING, PHOTOGRAPHY, PICNICKING, BIRD WATCHING AND FISHING. TWO OF OUR NATURE PRESERVES ALSO ALLOW HORSEBACK RIDING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Bostick Executive Director | Officer | 40 | $83,776 |
Lee Boles Secretary | OfficerTrustee | 5 | $0 |
Heath Brooks Past Chair | OfficerTrustee | 5 | $0 |
Glynn Below Vice Chair | OfficerTrustee | 5 | $0 |
Matt Powers Treasurer | OfficerTrustee | 5 | $0 |
Joe Fehrenback Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $19,468 |
| Membership dues | $6,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $219,563 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,942,403 |
| Noncash contributions included in lines 1a–1f | $2,490,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,188,034 |
| Total Program Service Revenue | $0 |
| Investment income | $94,345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,158 |
| Net Gain/Loss on Asset Sales | -$333 |
| Net Income from Fundraising Events | $83,513 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,385,717 |
| 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. | $85,263 |
| Compensation of current officers, directors, key employees. | $6,165 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,136 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,758 |
| Payroll taxes | $27,700 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,202 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,874 |
| Office expenses | $39,205 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,717 |
| Travel | $2,083 |
| 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 | $37,678 |
| Insurance | $14,096 |
| All other expenses | $85,292 |
| Total functional expenses | $718,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,137,836 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $378,117 |
| 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 | $14,237 |
| Net Land, buildings, and equipment | $31,980,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,036,992 |
| Total assets | $39,547,887 |
| Accounts payable and accrued expenses | $5,155 |
| 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 | $26,874 |
| Total liabilities | $32,029 |
| Net assets without donor restrictions | $33,969,525 |
| Net assets with donor restrictions | $5,546,333 |
| 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 | $39,547,887 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Land Trust Of North Alabama Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Frederick Bliss Foundation Inc Atlanta, GA PURPOSE: GENERAL FUND | $5,000 |
Endowment Analysis
| Beg. Balance | $4,130,558 |
| Ending Balance | $4,130,558 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kenneth Kirchman Foundation Inc Saint Cloud, FL | $167,300,006 | $1,378,162 |
Land Trust For Tennessee Inc Nashville, TN | $24,045,092 | $4,129,324 |
Athens Land Trust Inc Athens, GA | $9,139,569 | $3,608,954 |
Atlantic Coast Conservancy Inc Jasper, GA | $116,932,438 | $4,648,270 |
Georgia-Alabama Land Trust Inc Piedmont, AL | $54,818,937 | $4,132,358 |
North Florida Land Trust Inc Jacksonville, FL | $17,924,673 | $2,506,149 |
Alachua Conservation Trust Incorporated Gainesville, FL | $33,442,340 | $6,368,662 |
Carpet America Recovery Effort Care Inc Dalton, GA | $734,036 | $2,851,566 |
Wolf River Conservancy Inc Memphis, TN | $15,646,537 | $1,584,192 |
Florida Keys Land & Sea Trust Inc Marathon, FL | $2,895,043 | $1,398,767 |
Mississippi River Tr Stoneville, MS | $43,792,138 | $5,164,697 |
Orlando Land Trust Inc Orlando, FL | $228,543 | $559,563 |