2024-11-14T15:04:19-06:00 2023-12-31 954557617 Harrington Group CPAs LLP 2698 Mataro Street Pasadena CA 91107 990 2023-01-01 954320174 North East Trees Inc NORT 3234418634 570 W Avenue 26 200 Los Angeles CA 90065 Carlos Moran Executive Director 3234418634 2024-11-14 1 0 Sean E Cain CPA P01612986 6264036801 2023 2024-10-15 13:58:12Z Carlos Moran 570 W Avenue 26 200 Los Angeles CA 90065 3085117 0 X www.northeasttrees.org X 1991 CA North East Trees (NET) heals decades of environmental injustice and disinvestment through community-based urban forestry, nature-based design-build of parks, community engagement, and youth workforce development. Our projects, which take place in parks, schoolyards, public housing developments, and the City right-of-way, benefit communities that are disinvested, overburdened, and historically under-served. We are LA's oldest design-build non profit and a recognized leader across the State for actualizing grassroots community ideas to achieve sustainable climate-resilient projects. We've built the necessary trust to facilitate robust community-driven processes, empowering residents to have leadership and input into designing parks and green space for their communities. We envision a Los Angeles that is greener, healthier and more climate-resilient. 6 6 34 7 0 0 1982557 2805877 234650 122579 0 0 2500 156661 2219707 3085117 0 0 0 0 1376970 1440861 0 0 81832 647929 1316512 2024899 2757373 194808 327744 2558101 2939950 270034 324139 2288067 2615811 X Our impact in 2023 is remarkable and a testament to those who support our work. In 2023 NET has planted and maintained over 10,000 trees and plants, distributed over 1,400 free shade and fruit trees, stewarded 135 acres of habitat, grew over 1,200 native plants at our native plant nursery, created and facilitated over 4,500 volunteer hours in community-based greening activities, visited over 1,700 homes for tree surveying or follow up, created and sustained over 152 active community partnerships, and hosted 62 community-based events. 0 0 599942 15935 NET's Parks and Open Space Program designs and builds public parks and green spaces and implements water conservation projects following Nature Based Solutions and Low Impact Development design principles. For example, the installation of bioswales helps water travel on paths so it can penetrate the earth before it runs off to the streets and into storm drains. Schools, agencies, foundations, and the City and County of Los Angeles are among the beneficiaries of NET's work eliminating invasive species, planting drought resistant native plants and trees to restore the habitat, and installing site attributes such as playgrounds, public information signage, landscaping and boulders, sidewalks, and drinking fountains. 1449860 35548 NET's Urban Forestry Program focuses on expanding the Los Angeles urban tree canopy to help cool down and beautify under resourced communities. NET plants and maintains street trees along neighborhood streets and gives fruit and shade trees to residents. These trees provide not just the emotional health benefits urban green spaces support, they help manage stormwater and reduce urban heat, which in turn decreases energy costs. Through outreach, education and workforce development, NET teaches people how to plant and care for their trees, about the importance and benefits of trees, and how to develop and care for their urban forest. 449957 71096 Other Programs included land stewardship, management, open space conservation and opertating a nursery. 2499759 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Joanne Oh 3234418634 570 W Avenue 26 200 Los Angeles CA 90065 Michael Ferraro President 5.00 X X 0 0 0 Cheryl Leutjen Vice President 4.00 X X 0 0 0 Gerry Kreger Treasurer 4.00 X X 0 0 0 Sarah Ragatz Secretary 4.00 X X 0 0 0 Clare Marter Kenyon Member at Large 4.00 X 0 0 0 Judy Thang Member at Large 4.00 X 0 0 0 Janet Schulman Interim Exec. Dir. 32.00 X 92000 0 0 Yarnell Smith Director of Finance 50.00 X 77043 0 14414 169043 0 14414 0 0 0 0 Parsam Construction Inc 3334 Barnes Circle Glendale CA 91208 Construction 314069 Lynne Dwyer Landscape 570 W Avenue 26 Los Angeles CA 90065 Landscape 117632 2 1192676 1613201 2805877 Contracted services 811000 122579 122579 122579 Other income 900099 156661 156661 156661 3085117 122579 0 156661 183457 158507 17245 7705 1054883 911419 99159 44305 65720 56781 6179 2760 136801 118196 12859 5746 42500 21704 20796 170452 161544 8908 39059 30457 3671 4931 19527 17614 1057 856 39104 33861 3624 1619 32489 32489 82395 71189 7745 3461 Construction services 650819 650819 Materials 145902 145902 Equipment rental/repair 68697 68697 Other expenses 12185 7689 3107 1389 13383 12891 340 152 2757373 2499759 175782 81832 263698 348093 733067 1011459 10847 66693 1585337 76093 1546028 1509244 4461 4461 2558101 2939950 105776 230101 133383 83394 30875 10644 270034 324139 X 1073858 1517692 1214209 1098119 2288067 2615811 2558101 2939950 327744 0 X 0 1 X 1 0 X 92343 1093426 1257993 1982557 2805877 7232196 92343 1093426 1257993 1982557 2805877 7232196 7232196 3990 3990 1000 6848 3705 2500 156661 170714 7406900 2150797 0.97640 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1425000 1425000 160337 76093 84244 1509244 X 3085117 0 3085117 0 3085117 2757373 0 2757373 0 2757373 Part X, Line 2: North East Trees is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by North East Trees in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. North East Trees' returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. Form 990, Part VI, Section B, line 11b Before being signed by the Executive Director and filed, NET's Form 990s are reviewed by the Board Finance Committee and then presented to the Board of Directors. Form 990, Part VI, Section B, line 12c The Conflict-of-Interest policy is monitored and enforced at each fiduciary decision (e.g., financial contract, hiring, onboarding of new board members, etc. process). Implemented fiscal controls act as the primary method for preventing an actual or potential conflict. Form 990, Part VI, Section B, line 15a The compensation of the Executive Director is determined by the Board of Directors based on comparable salaries for those in similar positions at similar organizations. Unless there is a superseding agreement, merit-based salary revisions are considered annually. Form 990, Part VI, Section C, line 19 Upon request.