Great Springs Project Inc
- Assets
- $3.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Austin, TX
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-4915975
Organization Overview
Great Springs Project Inc is located in Austin, TX. The organization was established in 2019. 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 12/2021, Great Springs Project Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Springs Project 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, Great Springs Project Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.4% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. 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 ESTABLISH A CORRIDOR OF PROTECTED LANDS BETWEEN SAN ANTONIO AND AUSTIN, TEXAS, WITH A SPRING TO SPRING TRAIL CONNECTING THE BLUE HOLE IN SAN ANTONIO WITH BARTON SPRINGS IN AUSTIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
GSP WAS FORMED TO RAISE PHILANTHROPIC FUNDS AND USE THOSE FUNDS TO PURCHASE CONSERVATION EASEMENTS AND UNDERTAKE OTHER CONSERVATION FINANCING MEASURES TO PROTECT LAND IN THE RECHARGE ZONE OF THE EDWARDS AQUIFER, AS WELL AS TO FACILITATE THE DEVELOPMENT OF A WALKING AND BIKING TRAIL IN TEXAS THAT CONNECTS BARTON SPRINGS IN AUSTIN, SAN MARCOS SPRINGS IN SAN MARCOS, COMAL SPRINGS IN NEW BRAUNFELS, AND THE BLUE HOLE IN SAN ANTONIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry Merritt Chief Executive Officer | Officer | 40 | $313,550 |
Emily Lindrose-Siegel Cheif Development Officer | Officer | 40 | $171,600 |
Lyda Molanphy Cheif Strategy And Operations Officer | Officer | 40 | $156,000 |
Scott Parker Land Transaction Director | 40 | $105,000 | |
Deborah Morin President | OfficerTrustee | 20 | $0 |
Kyndel Bennett Treasurer | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $122,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,823,697 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,946,597 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,951,597 |
| 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. | $673,187 |
| Compensation of current officers, directors, key employees. | $89,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $402,282 |
| Pension plan accruals and contributions | $10,081 |
| Other employee benefits | $18,795 |
| Payroll taxes | $69,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,905 |
| Fees for services: Accounting | $11,295 |
| Fees for services: Lobbying | $52,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $388,593 |
| Advertising and promotion | $0 |
| Office expenses | $49,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,602 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,340 |
| Interest | $31,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,844 |
| All other expenses | $0 |
| Total functional expenses | $1,751,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $994,281 |
| 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 | $8,198 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,080 |
| Investments—other securities | $0 |
| Investments—program-related | $2,000,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,007,559 |
| Accounts payable and accrued expenses | $37,241 |
| 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 | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,037,241 |
| Net assets without donor restrictions | $792,818 |
| Net assets with donor restrictions | $177,500 |
| 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 | $3,007,559 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Great Springs Project Inc has recieved totaling $274,750.
| Awarding Organization | Amount |
|---|---|
Cynthia & Geo Mitchell Foundation The Woodlands, TX PURPOSE: TO COMPLETE THE LAND PRIORITIZATION STUDY IN THE CENTRAL TEXAS REGION | $50,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE CLEAN ENERGY AND ENERGY EFFICIENCY. | $50,000 |
80-20 Fund San Antonio, TX PURPOSE: GENERAL SUPPORT FOR PLANNING SPECIALIST FOR THE ACTIVATESA PROGRAM | $32,500 |
Susan Vaughan Foundation Inc Houston, TX PURPOSE: CHARITABLE | $30,000 |
Burdine Johnson Foundation Buda, TX PURPOSE: OPERATING EXPENSES TO INDENTIFY CRITICAL LAND PARCELS FOR PROTECTION | $25,000 |
San Antonio Area Foundation San Antonio, TX PURPOSE: GENERAL SUPPORT | $24,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fossil Rim Wildlife Center Inc Glen Rose, TX | $21,892,243 | $9,491,146 |
Compatible Lands Foundation Inc Claremore, OK | $1,764,355 | $3,589,470 |
Central Arkansas Resource Conservation And Development Area Greenbrier, AR | $948,037 | $2,548,381 |
Trees For Houston Houston, TX | $12,896,766 | $5,636,072 |
Moore-Odom Wildlife Foundation Inc Orange, TX | $74,482,466 | $4,606,193 |
Great Springs Project Inc Austin, TX | $3,007,559 | $1,951,597 |
William B Harrison Foundation Houston, TX | $5,553,943 | $988,014 |
New Mexico Wilderness Alliance Albuquerque, NM | $2,645,885 | $2,264,316 |
Serengeti Foundation Dripping Springs, TX | $31,204,793 | $3,267,315 |
Houston Audubon Society Houston, TX | $13,718,637 | $2,758,982 |
Taking Care Of Texas Austin, TX | $1,450,815 | $2,139,478 |
Friends Of The Katy Trail Inc Dallas, TX | $3,410,725 | $2,458,782 |