I-20 WILDLIFE PRESERVE & JENNA WELCH NATURE STUDY CENTER

EIN: 261270576 501(c)(3) Environment

MIDLAND, TX

Total Revenue
$214,236
Total Expenses
$323,972
Total Assets
$1,186,840
Net Assets
$1,185,991
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
TX
Principal Officer
ELAINE MAGRUDER
Phone
4328539453
Tax Period
2023-01-01 to 2023-12-31

I-20 WILDLIFE PRESERVE & JENNA WELCH NATURE STUDY CENTER, founded in 2007, is a small nonprofit in the Environment sector that reported $214K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $324K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO ENSURE CONSERVATION, RESTORATION, EDUCATION, RESEARCH AND OUTDOOR ENJOYMENT OF MIDLAND'S URBAN PLAYA FOR PRESENT AND FUTURE GENERATIONS.

Program Service Accomplishments

Program 1
Expenses: $69,276

Education: PRESERVE IS A 100-ACRE LIVING LABORATORY WHERE STUDENTS AND FACULTY CAN ACTIVELY PARTICIPATE IN A HANDS-ON LEARNING EXPERIENCE TO REVEAL THE MYSTERIES OF THIS UNIQUE PLAYA HABITAT. OUR...

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Education: PRESERVE IS A 100-ACRE LIVING LABORATORY WHERE STUDENTS AND FACULTY CAN ACTIVELY PARTICIPATE IN A HANDS-ON LEARNING EXPERIENCE TO REVEAL THE MYSTERIES OF THIS UNIQUE PLAYA HABITAT. OUR CURRICULUM IS A MODEL OF EXPERT FIELDWORK AND SPURS THE SCIENTIFIC CURIOSITY OF STUDENTS K-12 WHO WILL MAKE MEANINGFUL CONTRIBUTIONS TO THE NEXT GENERATION OF SCIENCES.

Program 2
Expenses: $58,885

Conservation and Land Management: OUR HOLISTIC LAND MANAGEMENT PRACTICE WORKS TO CONSERVE THE VIBRANT NATURE OF THE URBAN PLAYA ENVIRONMENT AND CREATE OPPORTUNITIES FOR OUTDOOR AND WILDLIFE...

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Conservation and Land Management: OUR HOLISTIC LAND MANAGEMENT PRACTICE WORKS TO CONSERVE THE VIBRANT NATURE OF THE URBAN PLAYA ENVIRONMENT AND CREATE OPPORTUNITIES FOR OUTDOOR AND WILDLIFE EDUCATION. CAREFUL REMOVAL OF INVASIVE PLANT SPECIES OPENS THE WATERSHED TO A GREATER BIODIVIERSITY OF AQUATIC AND AVIAN WILDLIFE, FORTIFIES THE ECOLOGICAL INTEGRITY OF NATIVE PLANTS AND ANIMALS, AND MAINTAINS THE WILD SPACE FOR FUTURE GENERATIONS TO ENJOY.

Program 3
Expenses: $58,619

Playa Wetlands Research Institute/CONSERVATION JOB CORPS PROGRAM: The preserve continues to provide biology professors with a place to instruct their students in the field. UTPB professor, David...

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Playa Wetlands Research Institute/CONSERVATION JOB CORPS PROGRAM: The preserve continues to provide biology professors with a place to instruct their students in the field. UTPB professor, David Hembry brings his class for specific instruction on identification, classification, and taking field notes. Additionally, he has oversight of 1 student doing pollinator research at the preserve. THE CONSERVATION JOB CORPS PROGRAM ALLOWS HIGH SCHOOL STUDENTS WITH AN INTEREST IN MEDICINE, BIOLOGY AND LIFE SCIENCES AN OPPORTUNITY TO OBTAIN HANDS-ON EXPERIENCE IN CONSERVATION, RESTORATION, EDUCATION AND RESEARCH BEFORE ENTERING COLLEGE. THE PROGRAM BLENDS LIFE SKILLS LESSONS, SUCH AS LEARNING TO USE TOOLS, WITH CLASSROOM INSTRUCTION, AND HANDS-ON EXPLORATION AND OBSERVATION. STUDENTS WILL HAVE THE OPPORTUNITY TO INVESTIGATE SEVERAL TEXAS ECOSYSTEMS, AS WELL AS MEET WITH EXPERTS, SCIENTISTS AND GRADUATE STUDENTS ON THEIR FIELD TRIPS ACROSS THE STATE.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $207,091
Program Service Revenue $2,430
Investment Income $1,723
Other Revenue $2,992
TOTAL REVENUE $214,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $212,448
Fundraising Expenses $17,105
Program Expenses $186,780
Other Expenses $111,524
TOTAL EXPENSES $323,972

Year-over-Year Comparison

2023 2022 Change
Revenue $214,236 $409,485 -0.5%
Expenses $323,972 $223,149 +0.5%
Net Income $-109,736 $186,336 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
12
Volunteers
160

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$59,249
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WES FARIS Executive Dir. 40.00
Officer
$59,249 $0 $59,249
ELAINE MAGRUDER President 10.00
Officer Director
$0 $0 $0
MCLEAN SMITH Treasurer 2.00
Officer Director
$0 $0 $0
GARRETT MELCHIORRE Secretary 2.00
Officer Director
$0 $0 $0
MARTHA MANULIK Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $214,236 $323,972 $1,186,840 $-109,736
2022 $409,485 $223,149 $1,300,879 $186,336
2021 $361,923 $375,202 $1,113,748 $-13,279
2020 $165,909 $244,558 $1,126,697 $-78,649
2019 $164,039 $206,722 $1,205,346 $-42,683
2018 $221,671 $217,220 $1,248,029 $4,451
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