TennGreen Land Conservancy
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS Letter of Determination | 2020 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $970,516.00 | $11,678,938.00 | |
| Total Expenses | $1,432,728.00 | $1,126,375.00 | |
| Revenue Less Expenses | ($-0.00) | ($462,212.00) | $10,552,563.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $217,491.00 | $978,419.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $-252,440.00 | $-93,269.00 | |
| Investment Income, Net of Losses | $5,083.00 | $26,925.00 | |
| Membership Dues | $832,192.00 | $0.00 | |
| Special Events | $81,357.00 | $76,237.00 | |
| Revenue In-Kind | $86,833.00 | $10,690,626.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,174,812.00 | $946,948.00 | |
| Administration Expense | $157,374.00 | $105,024.00 | |
| Fundraising Expense | $100,542.00 | $74,403.00 | |
| Total Revenue/Total Expenses | 68% | 1,037% | |
| Program Expense/Total Expenses | 82% | 84% | |
| Fundraising Expense/Contributed Revenue | 7% | 7% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Membership Dues $832,192.00 | Noncash Contributions $10,690,626.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $217,491.00 | Contributions, Gifts, and Grants $978,419.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Noncash Contributions $86,833.00 | Fundraising Events $76,237.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $20,599,851.00 | $19,971,388.00 | |
| Current Assets | $5,179,850.00 | $5,626,638.00 | |
| Long-Term Liabilities | $320,000.00 | $320,000.00 | |
| Current Liabilities | $449,388.00 | $36,600.00 | |
| Total Net Assets | $19,830,463.00 | $19,614,788.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$1,142,000.00
What is the spending policy for your endowment?
Percentage
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
Yes
What is the campaign goal?
$20,000,000.00
What is the purpose of the capital campaign?
Each year, TennGreen launches several capital campaigns to purchase land for conservation purposes. Ongoing projects include:
National Park Service Expansion at Obed Scenic & Wild River
Establishment of Ducks Unlimited Park
Campaign Start
January 2019
Campaign End
December 2025
Campaign Raised to Date Month
September
Campaign Raised to Date Year
2022
Campaign Raised to Date Amount
$7,000,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
March
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| Audit & 990 are still in progress (6/30/2023) |
Foundation Staff Comments
| Financial figures are taken from the 990 and audit. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. 990 completed by Blankenship CPA Group, PLLC. Comment provided by Hayley Sulfridge 8/22/23. |
