LOON LAKE LAND CONSERVANCY

EIN: 820556313 501(c)(3) Environment

LOON LAKE, WA

Total Revenue
$93,723
Total Expenses
$17,682
Total Assets
$796,887
Net Assets
$796,887
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
WA
Principal Officer
MARY JO LOVELL
Phone
6282250398
Tax Period
2023-01-01 to 2023-12-31

LOON LAKE LAND CONSERVANCY, founded in 2002, is a micro nonprofit in the Environment sector that reported $94K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 81% operating margin.

Mission

TO PROTECT THE ENVIRONMENT OF LOON LAKE, ITS WATERS, SHORE LANDS AND WATERSHED SO THAT FUTURE GENERATIONS MAY ENJOY THE EXPERIENCES OF A BEAUTIFUL LAKE.

Program Service Accomplishments

Program 1
Expenses: $10,615 Revenue: $0

WE ARE AN ALL-VOLUNTEER ORGANIZATION WITH NO PAID STAFF. AT LEAST 88 VOLUNTEERS WERE ACTIVE ON CONSERVANCY PROJECTS DURING 2023, THOUGH WE HAVE OVER 125 REGULAR VOLUNTEERS. BOARD MEMBERS AND...

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WE ARE AN ALL-VOLUNTEER ORGANIZATION WITH NO PAID STAFF. AT LEAST 88 VOLUNTEERS WERE ACTIVE ON CONSERVANCY PROJECTS DURING 2023, THOUGH WE HAVE OVER 125 REGULAR VOLUNTEERS. BOARD MEMBERS AND VOLUNTEERS DONATE HUNDREDS OF HOURS OF THEIR TIME THROUGHOUT THE YEARS ACCOMPLISHING OUR MISSION. VOLUNTEERS SAVE THE CONSERVANCY WELL OVER $100,000 PER YEAR THANKS TO THEIR CONTRIBUTED TIME! OUR TOTAL NUMBER OF DONORS, VOLUNTEERS AND BOARD MEMBERS CURRENTLY IS AT 225 RECORDS. MANY OF THESE ARE HUSBAND/WIFE/COUPLE RECORDS SO THAT OUR TOTAL NUMBER OF INDIVIDUALS IS CLOSER TO 350. PROPERTY MAINTENANCE AND OTHER VOLUNTEER PROJECTS IN 2023:-CENTENNIAL PARK SPRING CLEAN-UP-REMOVAL OF TREE PROTECTORS FROM MORGAN WOOD-TREE PLANTING - ASPENS IN SHAWL WETLAND-SIGNAGE AT PEARSON MEADOW & HAAG PROPERTY-KNAPWEED REMOVAL - MURPHY GRAVEL FILL & MORGAN WOOD-CENTENNIAL PARK SUMMER CLEAN-UP-CENTENNIAL PARK FALL CLEAN-UPCOMMUNITY ENGAGEMENT & EDUCATION:-LOONSDAY INFORMATION/EDUCATION TABLE-LOON LAKE HISTORICAL SOCIETY FESTIVAL INFORMATION/EDUCATION DISPLAY-SUMMER'S EVE BENEFIT FOR THE LAKE-WATER QUALITY TESTING THREE TIMES EACH SUMMER FOR THE LAST SIXTEEN YEARS. WE TEST FOR PARAMETERS TO TRACK THOSE IDENTIFIED AS KEY WATER QUALITY INDICATORS BY WASHINGTON STATE TO DETERMINE IF WATER QUALITY IS DETERIORATING. SO FAR, OVER THIS PERIOD, WATER QUALITY HAS BEEN FAIRLY STABLE WITH SOME VARIATION FROM TIME TO TIME, DEPENDING ON SNOW MELT, RAIN, AND TEMPERATURE. ALTHOUGH THE LLPOA HAS TAKEN OVER ORGANIZING THESE TEST DAYS, OUR BOARD MEMBERS CONTINUE TO PROVIDE CRITICAL EQUIPMENT AND STAFFING FOR THE PROCESS.FUNDRAISING:WE SEND OUT FUNDRAISING MAILERS TO OUR 200+ REGISTERED VOLUNTEERS & DONORS TWICE A YEAR, IN THE SPRING AND AT YEAR-END. WE HAVE COMMITTED TO OUR SUMMERS EVE AS AN ANNUAL FUNDRAISING & SUPPORTER RECRUITING EVENT AND WE DECIDED TO EXPAND THE EVENT AND CHARGE FOR TICKETS. AT $35/PERSON WE SOLD OUT OUR MAX OF 144 ATTENDEES. VOLUNTEERS AND DONORS JOINED THE BOARD ON AUGUST 5 AT THE PRIVATE LAKE HOME OF A DONOR FOR AN EVENING OF DINNER AND BEVERAGES AND TO RAISE FUNDS FOR OUR PROPERTY ACQUISITION FUND. WE EXPANDED OUR SPONSORS LEVEL DONATIONS TO COVER THE COST OF THE EVENT SO THAT WE INCREASED OUR GROSS AND NET REVENUE FROM THE PRIOR YEAR. WE ALSO FUNDRAISE VIA EMAIL AND SNAILMAIL CAMPAIGNS. IN 2023 WE STARTED USING CONSTANT CONTACT AS A COMMUNICATIONS HUB FOR OUR EMAIL DATABASE AND USE THIS TO HELP PUSH VOLUNTEER PARTICIPATION AND DONOR GIVING. WE ALSO FUNDRAISE ON AN AS-NEEDED BASIS WHEN THERE ARE TARGET PROPERTIES WE CAN ACQUIRE. IN 2023 WE DID NOT HAVE ANY OF THOSE OPPORTUNITIES. HOWEVER OUR FUNDRAISING SURPASSED THE PRIOR YEAR WHICH IS A SIGN OF THE STRONG COMMUITY SUPPORT FOR PROTECTING THE ENVIRONMENT OF LOON LAKE. BOARD HEALTH:WE HAVE ONBOARDED 6 NEW BOARD MEMBERS SINCE 2022, INCLUDING ADDING JOE PALMQUIST, RANDALL HANSEN AND JENNY PARKER HANSEN IN 2023. THIS HAS CREATED A STRONG GROUP OF DIRECTORS TO BACKFILL OUR FOUNDING BOARD MEMBERS LIKE DICK AND ERIC WHO HAD HELD THEIR ROLES FOR DECADES. MARY JO LOVELL REPLACED DICK DAVIES AS PRESIDENT IN THE FALL, TIM CRONIN REPLACED MARY JO AS VP, AND NANCY HILPERT CONTINUES AS SECRETARY AND HAS BEEN OBSERVING ERIC DAVIS TO LEARN THE TREASURERS ROLE SO HE CAN RETIRE FROM THE BOARD IN 2024. WE ALSO HAVE A LIST OF NEW POTENTIAL BOARD MEMBERS AND COMMITTEE LEADERS WE ARE CULTIVATING ACTIVELY. UNFORTUNATELY, RANDALL HANSEN WAS FORCED TO RESIGN FROM THE BOARD DUE TO PERSONAL HEALTH CHALLENGES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $93,706
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $93,723

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $7,067
Program Expenses $10,615
Other Expenses $17,682
TOTAL EXPENSES $17,682

Year-over-Year Comparison

2023 2022 Change
Revenue $93,723 $67,896 +0.4%
Expenses $17,682 $11,852 +0.5%
Net Income $76,041 $56,044 +0.4%
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
10
Independent Members
10
Employees
N/A
Volunteers
125

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD DAVIES PRESIDENT & DIRECTOR 1.00
Officer Director
$0 $0 $0
MARY JO LOVELL DIRECTOR, VICE PRESIDENT & PRESIDENT 1.00
Officer Director
$0 $0 $0
TIMOTHY CRONIN DIRECTOR & VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NANCY HILPERT SECRETARY 1.00
Officer Director
$0 $0 $0
ERIC DAVIS TREASURER 1.00
Officer Director
$0 $0 $0
NANCY FRENCH DIRECTOR (THROUGH APRIL 2023) 1.00
Director
$0 $0 $0
ROBERT FRENCH DIRECTOR (THROUGH APRIL 2023) 1.00
Director
$0 $0 $0
JENNY HANSEN DIRECTOR 1.00
Director
$0 $0 $0
RANDALL HANSEN DIRECTOR (THROUGH OCTOBER 2023) 1.00
Director
$0 $0 $0
GERALD KUNTZ DIRECTOR 1.00
Director
$0 $0 $0
JOE PALMQUIST DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN TUCKER DIRECTOR 1.00
Director
$0 $0 $0
JEANIE WAGENMAN DIRECTOR 1.00
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 $93,723 $17,682 $796,887 $76,041
2022 $67,896 $11,852 $720,846 $56,044
2021 $142,490 $12,089 $664,802 $130,401
2020 $294,838 $13,650 $534,401 $281,188
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