MERWIN CONSERVANCY INC

EIN: 474653401 501(c)(3) Environment

HAIKU, HI

Total Revenue
$665,213
Total Expenses
$508,387
Total Assets
$2,427,822
Net Assets
$2,416,214
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
HI
Principal Officer
Sonnet K Coggins
Phone
8085798876
Tax Period
2023-01-01 to 2023-12-31

MERWIN CONSERVANCY INC, founded in 2016, is a small nonprofit in the Environment sector that reported $665K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 24% operating margin.

Mission

We inspire innovation in the arts and sciences by advancing the ideas of W.S. Merwin. Please see full Mission Statement on Schedule O. ............................................................ MISSION STATEMENT: Rooted in the convictions of renowned American poet W.S. Merwin, The Merwin Conservancy imagines ways of engaging with place, poetry, and practice. We care for the thriving, internationally recognized palm garden on Maui that William Merwin and his wife Paula planted on land depleted by extractive agricultural practices; offer a residency program in the Merwins' home to writers and artists who make new possibilities for language and land; and foster attention to nature and the imagination through programming and storytelling.

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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 $590,162
Program Service Revenue $710
Investment Income $74,341
Other Revenue $0
TOTAL REVENUE $665,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,713
Fundraising Expenses $72,872
Program Expenses $338,110
Other Expenses $234,674
TOTAL EXPENSES $508,387

Year-over-Year Comparison

2023 2022 Change
Revenue $665,213 $378,801 +0.8%
Expenses $508,387 $619,473 -0.2%
Net Income $156,826 $-240,672 -1.7%
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
18
Independent Members
18
Employees
6
Volunteers
6

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
8
$136,373
Total Directors
18
$0
Key Employees
1
$136,373
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sonnet K Coggins EXECUTIVE DIRECTOR 40
Officer Key Emp Highest
$129,419 $6,954 $136,373
Robert Becker PRESIDENT 5
Officer Director
$0 $0 $0
Amber Strong Makaiau VICE PRESIDENT 3
Officer Director
$0 $0 $0
Richard Andrews VICE PRESIDENT 2
Officer Director
$0 $0 $0
James Pickrel TREASURER 3
Officer Director
$0 $0 $0
Mary Lock ASSISTANT TREASURER 5
Officer Director
$0 $0 $0
Michael Moore SECRETARY 1
Officer Director
$0 $0 $0
Jeanne Herbert ASSISTANT SECRETARY 1
Officer Director
$0 $0 $0
Matthew Carlos Schwartz DIRECTOR 1
Director
$0 $0 $0
Susan Conway Kean DIRECTOR 1
Director
$0 $0 $0
Molly Taylor DIRECTOR 1
Director
$0 $0 $0
Catherine St Germans DIRECTOR 1
Director
$0 $0 $0
Michael Wiegers DIRECTOR 1
Director
$0 $0 $0
Jocelyn Romero Demirbag DIRECTOR 1
Director
$0 $0 $0
Mark Hamilton DIRECTOR 1
Director
$0 $0 $0
Vilsoni Hereniko DIRECTOR 1
Director
$0 $0 $0
Gabby Ahuli'i Ferreira Holt DIRECTOR 1
Director
$0 $0 $0
Li Hay DIRECTOR 1
Director
$0 $0 $0
Severine von Tcharner Fleming DIRECTOR 1
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 $665,213 $508,387 $2,427,822 $156,826
2022 $378,801 $619,473 $2,484,360 $-240,672
2021 $640,145 $498,763 $2,863,200 $141,382
2020 $1,151,342 $478,705 $2,830,002 $672,637
2019 $979,895 $418,084 $1,434,102 $561,811
2018 $378,062 $329,422 $752,427 $48,640
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