Walnut Creek Preserve Inc

EIN: 822268945 501(c)(3) Environment

Rutherfordton, NC

Total Revenue
$130,130
Total Expenses
$26,592
Total Assets
$1,544,448
Net Assets
$1,544,448
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NC
Phone
8286251122
Tax Period
2023-01-01 to 2023-12-31

Walnut Creek Preserve Inc, founded in 2017, is a small nonprofit in the Environment sector that reported $130K in total revenue in fiscal year 2023. Revenue surged 239% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 80% operating margin.

Mission

(cont. from pg 1) provide programs to the public focusing on nature education, the health and intellectual benefits of spending time in nature, the culture of this region and other topics relating to the human, plant and animal environment of the Southern Appalachians, as a Supporting Organization to Conserving Carolina, a North Carolina land trust.

Program Service Accomplishments

Program 1
Expenses: $23,956 Revenue: $0

Walnut Creek Preserve (WCP) , as a Supporting Organization to Conserving Carolina, a North Carolina land trust (CC), maintains an indoor Nature Center classroom and a series of groomed hiking trails...

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Walnut Creek Preserve (WCP) , as a Supporting Organization to Conserving Carolina, a North Carolina land trust (CC), maintains an indoor Nature Center classroom and a series of groomed hiking trails for programs co-sponsored by WCP and CC. This is the only nature center available to CC in Polk County. WCP pays for monthly speakers on topics selected by the WCP and CC staff focused on nature related education. In 2024 there were 11 monthly programs, all well attended with a total of 420 attendees. WCP also hosts a group of AmeriCorps workers in its native plant garden, with 340 hours of volunteer service in the garden.

Program 2

Throughout the school year, Walnut Creek Preserve serves as a destination outdoor classroom, hosting multiple classes of 5th graders from regional public schools, coming to spend a school day at the...

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Throughout the school year, Walnut Creek Preserve serves as a destination outdoor classroom, hosting multiple classes of 5th graders from regional public schools, coming to spend a school day at the Preserve under the Muddy Sneakers, Inc. program. Muddy Sneakers is a nonprofit that teaches the North Carolina 5th grade curriculum outdoors at designated forests and has test results showing the efficacy of this program. In 2023 WCP hosted 253 students from five schools.

Program 3

Walnut Creek Preserve also hosted a hike for the Rutherford Outdoor Coalition, with 12 attendees, and a separate hike of the Lake Lure Classical Academy Summer Camp attendees and counselor in June...

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Walnut Creek Preserve also hosted a hike for the Rutherford Outdoor Coalition, with 12 attendees, and a separate hike of the Lake Lure Classical Academy Summer Camp attendees and counselor in June 2023. Walnut Creek Preserve does not charge for use of its facilities and welcomes groups seeking hiking opportunities. The following is list of 2023 speakers and dates: 1/21/23 Steve Pettis: WNC Non-native and invasive plants 2/18/23 Steve ONeil: Electric vehicles 101 3/18/23 Nicholas Mullins/Katherine Etchison: The Fight for Bats in NC 4/15/23 Lisa Wagner: Creating a native woodland garden 5/20/23 Clint Calhoun: Hickory Nut Gorge 6/24/23 Kim Bailey: Pollinator gardens 7/15/23 Colleen Olfenbuttel: Armadillos 8/19/23 April Ryan: Surfing the Milky Way 9/16/23 Carolina Raptor Center: Raptors Inspire 10/21/23 Watson Harlan: History & ecological practices of Cherokee 11/18/23 Ron Lance: Plant families of Appalachian royalty - No speakers in December, but 4 volunteer workdays for the native garden expansion.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,000
Program Service Revenue $0
Investment Income $30,130
Other Revenue $0
TOTAL REVENUE $130,130

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,956
Other Expenses $24,592
TOTAL EXPENSES $26,592

Year-over-Year Comparison

2023 2022 Change
Revenue $130,130 $38,336 +2.4%
Expenses $26,592 $30,889 -0.1%
Net Income $103,538 $7,447 +12.9%
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
5
Independent Members
5
Employees
N/A
Volunteers
14

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara S Strickland President 8.00
Officer Director
$0 $0 $0
Amos C Dawson III Vice President 1.00
Officer Director
$0 $0 $0
Stratford Douglas Director 1.00
Director
$0 $0 $0
Wyatt Shuford Smith Director 1.00
Director
$0 $0 $0
Robert M Lazar MD 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 $130,130 $26,592 $1,544,448 $103,538
2022 $38,336 $30,889 $1,353,177 $7,447
2021 $135,471 $18,816 $1,473,625 $116,655
2020 $5,643 $20,021 $1,315,395 $-14,378
2019 $531,524 $27,501 $1,307,796 $504,023
2018 $802,239 $11,626 $777,667 $790,613
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