2014-03-12T15:04:01-05:00 2013-09-30 591753337 Kerkering Barberio & Co PO Box 49348 Sarasota FL 342306348 990 2012-10-01 200345249 Conservation Foundation of the Gulf Coast Inc CONS 9419182000 PO Box 902 Osprey FL 34229 Christine P Johnson 9419182000 2014-03-03 1 Rebecca U Stoner P00585910 9413654617 2012 2015-11-30 17:44:51Z Christine P Johnson PO Box 902 Osprey FL 34229 4152672 0 X www.conservationfoundation.com X 2003 FL Conservation Foundation of the Gulf Coast works to protect the character, natural integrity and biodiversity of Florida's Gulf Coast bays, beaches, barrier islands and watersheds.This is accomplished by acquiring and maintaining conservation easements and owning nature preserves; educating for responsible land stewardship; and, collaborating with individuals, organizations and communities. As a nationally accredited land trust, we identify significant land parcels and work with landowners, philanthropists and government to preserve and protect these lands in perpetuity.In creating a conservation community, we bring innovative conservation programs to people of all ages, ranging from guided kayak tours, native plant lectures, bird-watching hikes and outdoor educational activities for children. Environmental art exhibits are hosted throughout the year in the historic Burrows-Matson House, engaging the public's awareness in the value of land conservation and its role in inspiring artists. 12 12 11 200 0 0 857673 3885575 172806 136910 42883 49837 0 -25823 1073362 4046499 0 0 0 0 643262 467403 0 0 88341 362713 3447547 1005975 3914950 67387 131549 28354912 28870018 100944 175046 28253968 28694972 To protect the character, natural integrity, and biodiversity of the bays, beaches, barrier islands and watersheds of Florida's Gulf Coast. 0 0 3716650 136910 Conservation Foundation of the Gulf Coast has protected nearly 8,600 acres in ten years, creating several preserves and conservation areas on 31 properties across Sarasota, Manatee, Charlotte, and Lee counties. The Foundation collaborated with 22 organizations in the past year, including Sarasota Bay Watch, Sarasota Crew and Historic Spanish Point. More than 500 individuals annually support the mission of Conservation Foundation. Cumulatively over the past ten years, revenues totaled more than $38,000,000 coming from contributions and memberships, grants, and other program fees such as contract work with Sarasota County's environmentally sensitive land acquisitions program. 3716650 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 13 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X Christine P Johnson 9419182100 PO Box 902 Osprey FL 34229 Jeffery Steinwachs 5.00 X 0 0 0 Harold Johnson MD 5.00 X 0 0 0 Rob Patten 5.00 X 0 0 0 Christopher Sforzo MD 5.00 X 0 0 0 Peter Scanlan 5.00 X 0 0 0 Jim Ericson 5.00 X 0 0 0 Mickey Davis 5.00 X 0 0 0 Jim Westman 5.00 X 0 0 0 Dan Deleo ESQ 10.00 X X 0 0 0 Ann Charters 5.00 X X 0 0 0 Frederic Jacobs ESQ 5.00 X X 506 0 0 Eileen Scudder-Zimmermann 5.00 X X 0 0 0 Christine P Johnson 40.00 X 103308 0 33987 103814 0 33987 1 0 0 0 Medallion Homes Gulf Coast LC 2212 58th Avenue East Bradenton FL 34203 Construction of outdoor bathroom facilit 161728 1 316745 3568830 100571 3885575 Program Income 541900 69524 69524 Consulting Revenue 541900 67386 67386 136910 49837 49837 80350 316745 106173 -25823 -25823 4046499 136910 0 24014 140291 71738 13711 54842 254208 195378 50785 8045 9761 7620 2031 110 29289 27326 882 1081 33854 22499 7552 3803 1154 1154 9186 9186 5000 5000 60460 60460 4825 4825 3303 2561 387 355 25031 19559 2854 2618 91424 81086 5392 4946 11033 7907 1433 1693 9235 6992 1170 1073 94102 94102 43397 32769 9742 886 Extinguishment Developm 3032232 3032232 Printing and Reproducti 18893 15304 279 3310 Taxes - Property 4621 4621 33651 23517 4555 5579 3914950 3716650 109959 88341 289291 255922 1877237 1967836 136367 74465 18459 20433 38978 36481 23499777 382881 22874272 23116896 3118833 3395356 1475 2629 28354912 28870018 84044 118546 13400 46000 3500 10500 100944 175046 X 8266083 8781294 318838 244630 19669047 19669048 28253968 28694972 28354912 28870018 X 131549 309454 1 X X 0 1 X 1 0 X 1687138 2031291 1129631 857673 3885575 9591308 1687138 2031291 1129631 857673 3885575 9591308 1162341 8428967 67401 86984 35701 42883 49837 282806 22204 22204 9896318 0.85170 0.75140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1723 5000 6723 3899899 3906622 345331 86333 0 0 179809 184318 175598 345331 885056 1327584 780 1072 919 6723 9494 44952 46080 43900 86333 221265 331898 1723 1723 X X X X X 5 174.13 0 0 0 1 1 37.00 2032 1 3118833 19810 374943 102070 16160 3395356 2459694 363500 427303 117577 14087 3118833 3998499 1051649 -86974 2487312 16168 2459694 3986645 74900 201703 241949 22800 3998499 1245777 2747043 47857 41383 12649 3986645 1.00000 1 0 19773021 19773021 3384494 325340 3059154 86758 57541 29217 255504 255504 23116896 Beneficial Interest of Assets Held by Others 3395356 F 3395356 Security Deposits 10500 10500 X 4379427 309454 23474 332928 4046499 0 4046499 3938424 23474 23474 3914950 0 3914950 Description of Intended Use of Endowment Funds: Part V, Line 4: The quasi-endowment funds of the Conservation Foundation of the Gulf Coast are intended to support the foundation's current operations, and capital needs, as well as the costs to manage, monitor, insure, and provide legal defense of the protected properties. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: Under the Income Taxes Topic of the FASB Accounting Standards Codification, the Foundation has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with accounting principles generally accepted in the United States of America for accounting for uncertainty in income taxes, and determined that there are no uncertain tax positions that would have a material impact on the financial statements of the Foundation. Schedule D Part II line 5 Each property in CFGC's portfolio is monitored at least once annually by means of a site visit conducted by one or more CFGC staff personnel, during which a report is completed regarding the condition of the property. The report and any accompanying documentation, such as photos and maps, are archived according to CFGC Records Policy. Schedule D Part II line 9 Conservation easements, either purchased or donated, are initially valued at their appraised value. When donated, the appraised value is reflected as an unrestricted gift of land in the statements of activities. When purchased, the difference between the purchase price and the appraised value is reflected as an unrestricted gift of land in the statement of activities. Once the development rights for a specific conservation easement are extinguished, generally immediately after acquisition, a valuation allowance is established to reduce the carrying value of the conservation easement to a nominal value of $1, in order to reflect the lack of marketability of the easement, due to the extinguishment of development rights. The provision for the valuation allowance is reflected as "Program Expenses" in the statements of activities. Palm Ball 397095 316745 80350 25216 41556 6800 32601 397095 316745 80350 25216 41556 6800 32601 106173 -25823 Christine P Johnson Family member to one of the Board of Trustees 137585 Employment 0 X 2 100571 FMV 2 0 0 0 Volunteers Form 990, Part I, Line 6 Volunteers participate in the following ways: Board of Trustees, Board of Advisors, docents in our Welcome Center, office mailings and data organization, special event planning and implementing, helping with land stewardship activities and developing our park settings. Form 990, Part VI, Section A, line 2 Christine P. Johnson is the CFGC President and has a family relationship with Harold Johnson who is one of the Board of Trustees. Form 990, Part VI, Section A, line 4 By-Laws were amended in November 2012 to increase Board member terms from two to three years. Amendment also allows new Board members to be nominated at any regular or special meeting of the Board instead of only at the annual November meeting. Form 990, Part VI, Section B, line 11 The completed annual Form 990 is first approved by the Conservation Foundation of the Gulf Coast management & staff. The audit committee then reviews the Form 990 with the preparer and management/staff, approves the form 990 for filing with the IRS, recommends to the board that the board accept its recommendation, and also authorizes management to file the form 990 with the IRS. The board acts on the audit committee's recommendation. Form 990, Part VI, Section B, line 12c Board members, staff, and volunteers are required to review the conflict of interest policy and sign an annual acknowledgement of their understanding of and compliance with the conflict of interest policy. The board is apprised of the results of the responses to the annual acknowledgements and acts on all potential conflicts in accordance with the procedures required by the policy. Form 990, Part VI, Section B, line 15 The President's contract and compensation is reviewed annually by the chairman and board of trustees. The chairman compares the compensation to industry standards and comparables, and solicits input from all trustees. The compensation is reviewed by the finance committee during the budget process and approval is voted on by the board of trustees. Form 990, Part VI, Section C, line 19 The foundation's governing documents, conflict of interest policy, and audited financial statements, as well as the form 990, are available for review in the foundation's office. The foundation's form 990 and audited financial statements are also available for review on-line at GuideStar and through the Community Foundation of Sarasota County's Giving Partner program. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Rounding 1. Audit review process Form 990, Part XII, Line 2c New auditors were selected during the year ended September 30, 2013, because the organization has an outstanding claim on a contingent fee arrangment with the prior auditors. The Code of Professional Conduct, Rule 302, states a member in public practice shall not perform any contingent fee services for a client for whom the member also performs audit services, consequently new auditors were retained.