La Plata Open Space Conservancy

EIN: 841204273 501(c)(3) Environment

Durango, CO

Total Revenue
$458,132
Total Expenses
$302,167
Total Assets
$1,615,237
Net Assets
$1,612,122
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CO
Tax Period
2023-01-01 to 2023-12-31

La Plata Open Space Conservancy, founded in 1992, is a small nonprofit in the Environment sector that reported $458K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $156K, a strong 34% operating margin.

Mission

The organizations primary exempt purpose is to permanently protect, for the benefit of the community and the general public, lands in southwest Colorado that have significant agricultural, wildlife, open space, recreational, and/or historical/archeological resources.

Program Service Accomplishments

Program 1
Expenses: $207,101 Revenue: $86,860

Land protection and stewardship: Since incorporating in 1992, LPOSC has accepted donations of conservation easements permanently protecting in excess of 24,435 acres of land with superior...

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Land protection and stewardship: Since incorporating in 1992, LPOSC has accepted donations of conservation easements permanently protecting in excess of 24,435 acres of land with superior conservation values across six counties in southwestern Colorado. LPOSC accepted three new conservation easement donations in 2023, resulting in the protection of nearly 248 acres of farmland, forestland, and areas with significant cultural resources. After transferring certain conservation easements to geographically better-positioned organizations over the years, LPSOC now holds, by one counting method, 175 easements comprising in excess of 21,075 acres. As a certified conservation easement holder, LPOSC is legally obligated to monitor land use and ecological conditions on each property on which it holds a conservation easement to ensure that the conserved land and natural resources are being used in compliance with the terms of the conservation easement. Monitoring helps LPOSC to establish and/or maintain valuable relationships with owners of conserved land, and further helps to foster LPOSCs image in the community as a trusted land steward. This is in addition to work the organization does with numerous private landowners to secure protection of other valuable open spaces, wildlife habitat, recreational areas, and agricultural land in the region. Community engagement and education: LPOSCs community-centric conservation programming is key to connecting people to the lands we protect. In 2022, LPOSC provided educational presentations to community members and professionals working in real-estate or related sectors to communicate the important role our organization plays preserving the high quality of life in our region and now and in the future. In addition, LPOSC continued involving Fort Lewis College interns and community volunteers in the monitoring program and in stewardship programs involving habitat restoration, further connecting our community to the landscapes LPOSC protects. LPOSC also partnered with mission-aligned nonprofits to provide youth education programming on privately conserved lands to increase access to nature for youth in our community. In addition, LPOSC launched a land access project focused on new and young farmers with partners in the region. LPOSC counts as strong, close supporters, 1,000 community members and businesses, and has a social media following of over 1,000 individuals. These supporters are routinely comprised of the work LPOSC undertakes, and the perceived benefit such work provides. In turn, generous support from these individuals and businesses enables LPOSC to achieve its mission to protect valuable lands for generations to come.

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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 $289,920
Program Service Revenue $86,860
Investment Income $61,954
Other Revenue $19,398
TOTAL REVENUE $458,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $201,856
Fundraising Expenses $67,026
Program Expenses $207,101
Other Expenses $100,311
TOTAL EXPENSES $302,167

Year-over-Year Comparison

2023 2022 Change
Revenue $458,132 $365,917 +0.3%
Expenses $302,167 $293,160 +0.0%
Net Income $155,965 $72,757 +1.1%
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
12
Independent Members
12
Employees
4
Volunteers
22

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
13
$104,589
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrienne Dorsey Executive Director 40.00
Director
$104,589 $0 $104,589
Debra May Director 1.00
Director
$0 $0 $0
Elizabeth Long Director 1.00
Director
$0 $0 $0
Kimberley Jackson Director 1.00
Director
$0 $0 $0
Warren Rider Director 1.00
Director
$0 $0 $0
Jerry Zink Director 1.00
Director
$0 $0 $0
Brian Magee Director 1.00
Director
$0 $0 $0
Rick Borkowski Director 1.00
Director
$0 $0 $0
Ted Compton Director 1.00
Director
$0 $0 $0
Sandy Friedley Director 1.00
Director
$0 $0 $0
Adam Reeves Vice PresidentSecretary 1.50
Officer Director
$0 $0 $0
Jenn Clayton Vice President Treasurer 1.50
Officer Director
$0 $0 $0
Chase LaCroix President 1.50
Officer 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 $458,132 $302,167 $1,615,237 $155,965
2022 $365,917 $293,160 $1,339,479 $72,757
2021 $287,431 $173,317 $1,561,775 $114,114
2020 $141,528 $201,418 $1,239,339 $-59,890
2019 $224,118 $235,763 $1,300,894 $-11,645
2018 $176,110 $217,635 $1,326,115 $-41,525
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