Organization Background
Land Stewardship Project (LSP) is 501 (c)(3) public charity nonprofit organization founded in 1982. For over 30 years, LSP has worked steadfastly for environmental and social justice in rural America. LSP is in NTEE category as C34 (Land Resources Conservation). LSP is required to file an IRS Form 990. (Guidestar, n.d.).
Land Stewardship Project Organizational Resources.
Land Stewardship Project’s most significant source of revenue for the fiscal year 2013 was from contributed revenue. LSP received $2,323,859 as gifts, grants and other contributions. $646,105 were from government grants and $26,885 as federated campaigns. The second source of revenue come from program services, organization generated $107,730 from membership dues, $53,558 from sales/services. Other resources that generated revenue for this organization were, $29,752 from investment income, $9006 from rental income, $96 from net revenue from fundraising events. There was no income from net …show more content…
Most significant assets of this organization include land, buildings, equipment cost. The reported data show the value of assets is increasing. (Form 990, Part X, 2011-13, p. 11). If we break down the assets reported in Form 990 this FY 2013 the book value of land was $275,700, the value of buildings was $551,709 and equipment book value was $62,975. Comparing this data to previews years, we can see the book value of land stayed the same for FY 2012 and 2011. The book value of buildings in FY 2012 was $575,998, and $235,634 for FY 2011. The value of the building as an asset was high in FY 2012 and went down in 2013, but it has much better value than the value of FY 2011. Equipment book value for FY 2012 was $65,088 and FY 2011 book value of equipment’s was $24,175. (Form 990, D, Part VI,
Land Stewardship Project (LSP) is 501 (c)(3) public charity nonprofit organization founded in 1982. For over 30 years, LSP has worked steadfastly for environmental and social justice in rural America. LSP is in NTEE category as C34 (Land Resources Conservation). LSP is required to file an IRS Form 990. (Guidestar, n.d.).
Land Stewardship Project Organizational Resources.
Land Stewardship Project’s most significant source of revenue for the fiscal year 2013 was from contributed revenue. LSP received $2,323,859 as gifts, grants and other contributions. $646,105 were from government grants and $26,885 as federated campaigns. The second source of revenue come from program services, organization generated $107,730 from membership dues, $53,558 from sales/services. Other resources that generated revenue for this organization were, $29,752 from investment income, $9006 from rental income, $96 from net revenue from fundraising events. There was no income from net …show more content…
Most significant assets of this organization include land, buildings, equipment cost. The reported data show the value of assets is increasing. (Form 990, Part X, 2011-13, p. 11). If we break down the assets reported in Form 990 this FY 2013 the book value of land was $275,700, the value of buildings was $551,709 and equipment book value was $62,975. Comparing this data to previews years, we can see the book value of land stayed the same for FY 2012 and 2011. The book value of buildings in FY 2012 was $575,998, and $235,634 for FY 2011. The value of the building as an asset was high in FY 2012 and went down in 2013, but it has much better value than the value of FY 2011. Equipment book value for FY 2012 was $65,088 and FY 2011 book value of equipment’s was $24,175. (Form 990, D, Part VI,