Conservation Agreement Fund A Nj Nonprofit Corporation

EIN: 262785233 501(c)(3) Environment

Lewes, DE

Total Revenue
$523,327
Total Expenses
$69,405
Total Assets
$837,710
Net Assets
$837,710
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NJ
Principal Officer
Richard Rice
Tax Period
2024-01-01 to 2024-12-31

Conservation Agreement Fund A Nj Nonprofit Corporation, founded in 2008, is a small nonprofit in the Environment sector that reported $523K in total revenue in fiscal year 2024. The organization ran a surplus of $454K, a strong 87% operating margin.

Mission

The mission of the Conservation Agreement Fund CAF is to ensure the long-term protection of globally significant areas by providing financial and technical support for incentive-based conservation agreements. To sustain the benefits provided by these agreements we administer a dedicated endowment established in partnership with Conservation Internationals Global Conservation Fund with generous contributions from Nia Tero AusAID and other valued supporters. Over the past decade the CAF endowment has provided consistent funding supporting several initiatives for our project in the Solomon Islands including a scholarship program ranger patrols ecolodge operations and environmental monitoring.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Infrastructure Improvement $27,379 - In 2024 our largest program activity focused on restoring the physical infrastructure of Tetepare Island which is crucial for the ongoing conservation efforts and...

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Infrastructure Improvement $27,379 - In 2024 our largest program activity focused on restoring the physical infrastructure of Tetepare Island which is crucial for the ongoing conservation efforts and sustainable ecotourism. Key accomplishments included: 1. Renovation of the islands ecolodge and field station which serve as the hub for conservation activities and ecotourism. 2. Installation of septic tanks and showers in the mens and womens baths. 3. Extensive renovation of dormitories including: o Replacement of building support posts o Installation of water tanks and solar panels o Upgrading of electric wiring and security features o Exterior painting and structural improvements These improvements were essential to ensure a safe hygienic and welcoming environment for TDA staff visitors and ecotourists supporting the long-term sustainability of the conservation project.

Program 2
Expenses: $0 Revenue: $0

TDA Scholarship Program $15,965 -- Our second largest program activity this year was paying school fees for the children of the members of the Tetepare Descendants Association TDA. Since 2008 the...

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TDA Scholarship Program $15,965 -- Our second largest program activity this year was paying school fees for the children of the members of the Tetepare Descendants Association TDA. Since 2008 the Conservation Agreement Fund has provided hundreds of scholarships to the children of TDA members. The scholarship program is one of the most important elements of our support for Tetepare because of its effectiveness in building community commitment to the islands conservation. This year we granted scholarships to 82 children 44 boys and 37 girls at a cost of SBD $1,500 each equivalent to approximately $175. In addition over the Christmas holiday we sponsored visits by a TDA board member to primary and secondary schools on nearby islands. These schools have benefited from our annual scholarship program. The purpose of these visits was twofold: to gather feedback on the scholarship initiative from students and staff and to share information about our conservation efforts. This outreach aimed to strengthen the connection between our educational support and environmental preservation goals in the region.

Program 3
Expenses: $0 Revenue: $0

TDA Annual General Meeting $10,270 -- Our third largest program activity this year was to provide funding for the TDA annual general meeting AGM. This was the first AGM since the Covid epidemic...

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TDA Annual General Meeting $10,270 -- Our third largest program activity this year was to provide funding for the TDA annual general meeting AGM. This was the first AGM since the Covid epidemic closed the Solomon Islands to outside travel in 2020. Our funding for the meeting covered the costs of hiring boats for travel from surrounding islands international air fare for one TDA board member living in Fiji and food and lodging for all attendees. Funding for annual meetings is a key element of our support for Tetepare. Since TDA members are widely dispersed on surrounding islands annual meetings are often the only opportunity for face-to-face interaction and for fostering unity and understanding among the associations members.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $505,294
Program Service Revenue $0
Investment Income $18,033
Other Revenue $0
TOTAL REVENUE $523,327

Expense Breakdown

Grants Paid $62,022
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $7,383
TOTAL EXPENSES $69,405

Year-over-Year Comparison

2024 2023 Change
Revenue $523,327 N/A N/A
Expenses $69,405 N/A N/A
Net Income $453,922 N/A N/A
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
N/A
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Rice President 1.50
Officer Director
$0 $0 $0
Aaron Bruner Vice President 0.00
Officer Director
$0 $0 $0
Eduard Niesten Secretary and Treasurer 0.00
Officer Director
$0 $0 $0
Cristopher Filardi Director and Trustee 0.00
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
2025 No data No data No data No data
2024 $523,327 $69,405 $837,710 $453,922
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