THE FRIENDS OF THE CORNELL LAB OF ORNITHOLOGY INC

EIN: 461979945 501(c)(3) Philanthropy & Grantmaking

STAMFORD, CT

Total Revenue
$2,232,446
Total Expenses
$1,803,366
Total Assets
$111,599,577
Net Assets
$111,599,577
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
PHILIP H BARTELS
Phone
2038636403
Tax Period
2023-01-01 to 2023-12-31

THE FRIENDS OF THE CORNELL LAB OF ORNITHOLOGY INC, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $429K, a strong 19% operating margin.

Mission

TO PROVIDE SUPPORT AND BENEFIT CORNELL UNIVERSITY, MORE SPECIFICALLY TO SUPPORT THE ACTIVITIES AND PROGRAMS OF THE CORNELL LABORATORY OF ORNITHOLOGY, AN ADMINISTRATIVE AND ACADEMIC UNIT OF THE UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $162,782
Program Service Revenue $0
Investment Income $2,069,664
Other Revenue $0
TOTAL REVENUE $2,232,446

Expense Breakdown

Grants Paid $1,783,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,783,000
Other Expenses $20,366
TOTAL EXPENSES $1,803,366

Year-over-Year Comparison

2023 2022 Change
Revenue $2,232,446 $17,816,509 -0.9%
Expenses $1,803,366 $2,610,175 -0.3%
Net Income $429,080 $15,206,334 -1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
9

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
5
$451,857
Total Directors
7
$579,909
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWIN MORGENS PRESIDENT 0.30
Officer Director
$0 $0 $0
LINDA MACAULAY VICE PRESIDENT/TREASURER 0.30
Officer Director
$0 $0 $0
RUSSELL FAUCETT SECRETARY 0.30
Officer Director
$0 $0 $0
JAMES ADELSON DIRECTOR 0.30
Director
$0 $0 $0
EILEEN WALKER DIRECTOR 0.30
Director
$0 $0 $0
ROBERT BERRY DIRECTOR 0.30
Director
$0 $0 $0
BEN HOULTON DIRECTOR 0.30
Director
$0 $49,132 $579,909
PHILIP BARTELS ASSISTANT SECRETARY 0.30
Officer
$0 $0 $0
LAURA SYER ASSISTANT SECRETARY 0.30
Officer
$0 $90,357 $451,857
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 $2,232,446 $1,803,366 $111,599,577 $429,080
2022 $17,816,509 $2,610,175 $95,439,157 $15,206,334
2021 $19,955,852 $1,922,221 $82,933,272 $18,033,631
2021 $19,922,954 $1,900,008 $96,861,691 $18,022,946
2020 $5,945,266 $16,217 $56,782,103 $5,929,049
2019 $6,719,293 $1,813,507 $45,340,792 $4,905,786
2018 $3,318,233 $1,411,013 $33,703,938 $1,907,220
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