Magnetawan Watershed Land Tr
- Assets
- $1.6m
- Revenue
- $385.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 98-1051915
Organization Overview
Magnetawan Watershed Land Tr is located in null. The organization was established in 2014. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnetawan Watershed Land Tr 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 12/2022, Magnetawan Watershed Land Tr generated $385.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $56.6k during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE NATURAL, HISTORICAL, SCENIC AND RECREATIONAL VALUE OF THE MAGNEWAWAN RIVER WATERSHED FOR THE BENEFIT OF FUTURE GENERATIONS THROUGH LAND AND CONSERVATION EASEMENT ACQUISTION FOR THE PURPOSE OF CONSERVATION AND STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAGNETAWAN WATERSHED LAND TRUST ("MWLT") CONSERVES LAND THROUGH ACQUISTION AND CONSERVATION EASEMENT. IN 2022, MWLT CONTINUES TO FULLFILL OUR MISSION WITH A PORTFOLIO OF LANDS FOR FUTURE ACQUISTION THAT WOULD INCLUDE A DIVERSITY OF ECOLOGICAL HABITATS WORTH CONSERVING. MLWT SECURED AN ADDITIONAL 38 ACRES OF LAND TO ITS CONSERVATION LAND PROTECTION PORTFOLIO.
THE MAGNETAWAN WATERSHED LAND TRUST CONTINUES TO STEWARD ITS PROPERTY AND EASEMENT. WE MAINTAIN OUR HIKING TRAILS, CHECK BOUNDARIES AND THE EASEMENT RESTRICTIONS ARE FOLLOWED.
THE MAGNETAWAN WATERSHED LAND TRUST ("MWLT") PROVIDES ENVIRONMENTAL EDUCATION OPPORTUNITIES. IN 2022, MWLT OFFERED TWO ONLINE PRESENTATIONS AND ONE NATURE HIKE. WE PROVIDED NATURE ARTICLE TO THE ALMAGUIN NEWSPAPER AND THE GREAT NORTH ARROW, AND PRODUCED A REGULARLY PUBLISHED NEWSLETTER WITH OVER 400 PEOPLE SUBSCRIBING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Badham Director | Trustee | 0 | $0 |
Sam Candler Director | Trustee | 0 | $0 |
Ian Cays Secretary | OfficerTrustee | 0 | $0 |
Brian Chemnitz Director | OfficerTrustee | 0 | $0 |
Whit Conrad Director | Trustee | 0 | $0 |
Barry Graham Director | Trustee | 0 | $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 | $395,451 |
| Noncash contributions included in lines 1a–1f | $280,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,451 |
| Total Program Service Revenue | $0 |
| Investment income | -$10,361 |
| 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 | $385,090 |
| 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 | $30,210 |
| Fees for services: Legal | $15,967 |
| Fees for services: Accounting | $1,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $552 |
| Office expenses | $4,419 |
| 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 | $1,012 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,699 |
| All other expenses | $0 |
| Total functional expenses | $56,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,756 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,791 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $458 |
| Prepaid expenses and deferred charges | $31,347 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $157,807 |
| Investments—other securities | $0 |
| Investments—program-related | $1,188,972 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,582,131 |
| Accounts payable and accrued expenses | $9,508 |
| 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 | $9,508 |
| Net assets without donor restrictions | $1,543,356 |
| Net assets with donor restrictions | $29,267 |
| 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 | $1,582,131 |
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