PLATINUM2023

Lyme Land Conservation Trust Inc

aka Lyme Land Trust   |   LYME, CT   |  LymeLandTrust.org
GuideStar Charity Check

Lyme Land Conservation Trust Inc

EIN: 06-6085183


Mission

To retain Lyme's quiet, rural, scenic and historical character while providing fresh air and water for the benefit of the region as well as recreational areas for the public and habitats for wildlife, migrating fish, and birds from 1000's miles away.

Ruling year info

1966

Executive Director

Ms. Kristna White

Main address

PO BOX 1002

LYME, CT 06371 USA

Show more contact info

EIN

06-6085183

Subject area info

Natural resources

Water resources

Land resources

Sports and recreation

Population served info

Children and youth

Adolescents

Families

NTEE code info

Natural Resource Conservation and Protection (C30)

Fund Raising and/or Fund Distribution (N12)

Water Resource, Wetlands Conservation and Management (C32)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Lyme L and Conservation Trust is located in a low growth area. As a result we face several challenges. One is attracting younger leadership. The second is continuing to fund land acquisitions where the State historically contributed 30 to 40% of each purchase and could discontinue support at anytime. We're also concerned that our next generation of leadership may not have the financial resources of our current "baby boomer" leaders/supporters. We also want to attract more kids to our preserves, so no "kid is left inside", and they are introduced to the wonders of nature.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Nature Place at Banningwood

Establishing trails, kiosks, and viewing stations at the Preserve to observe and learn about the magical impact of glacier movements in creating the terrain, water flows, and habitats for wildlife, reptiles, migrating birds and spawning fish.

Population(s) Served
Children and youth
Families

The Tour de Lyme is an annual cycling event with 4 road and 2 trial rides. There is a ride for all skill levels and occurs on the third Sunday of May. This is our charity fund raising event through sponsorships and rider registration fees. Most of which is outside our community. We showcase Lyme's scenic beauty, variable terrain, and lightly traveled roads.

Population(s) Served
Adolescents
Families

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of press articles published

This metric is no longer tracked.
Totals By Year
Related Program

Tour de Lyme

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We are getting more coverage with our strategy to enhance our educational initiatives. Also our Big annual charity event, the Tour de Lyme, is well covered in attracting cyclists from the northeast

Number of donations made by board members

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Board annual participation is expected; all 13 contributed.

Number of IUCN Red List species with habitats in areas affected by operations

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

The only statistics available are from DEEP and are reported on a County basis. We're located on the western edge of New London County, boarding on the CT River.

Area of land, in hectares, directly controlled by the organization

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

We own 43 properties and we manage over 69 easements of easements in the town of Lyme.

Acres of land leased, purchased, or put into easement

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of acres of land protected

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

The Lyme Land Trust in concert with the State, Town and other like minded organizations have protected in perpetuity an incredible 50% of the acreage in the Town of Lyme.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Lyme Land Trust has a goal to focus on the acquisition of properties through grants or purchases with ones that connect with other preserved properties to create greenways, to enhance bio-diversity or to extend trails or have important waterways or feeds.

We have a goal of attracting more kids to the outdoors and educating them on the benefits of nature.

We want to attract younger adults to leadership positions at the The Lyme Land Trust to ensure the preservation commitment in perpetuity is maintained.

We want to build our endowment to provide financial stability for the Lyme Land Trust under a new leadership group that may not have the resources of the current "baby boomer" leadership group.

The Preservation Committee of the Board has a rigorous screening and approval process for all land acquisitions and donations before submission to the Board for approval.

While the Land Trust has hosted many successful programs with our local school system, Nature Place with interactive technology is hoped to generate a whole new interest among kids, parents, teachers.

A transition to younger leadership is underway. Our new Executive Director, Kristina White, is doing a great job and is 40 years younger than the retiring one.

We've developed a specific strategy to build our endowment. It's "no cash to day", include us in your estate plans. We have created a private label Charitable Gift Annuity.

Land purchases or grants generally occur opportunistically. The Preservation Committee is equipped to respond accordingly with in depth knowledge of most properties in Lyme. We have received recent donations of land which have increased our holdings of land to over 1000 acres.

The Lyme Land Trust has many years of experience in sharing nature's delights with youngsters through school trips or scout activities. Interfacing with technology could well offer new challenges. Leadership of the NaturePlace effort is our Environmental Director, a mother, who experiences first hand the nature interests of youngsters. The results are TBD.

Kristina is highly regarded among her contemporaries. Trail maintenance requires many volunteers and are being added all the time. This pool is a frequent source of new Directors.

We have increased our gift annuity campaign to over $250,000 which keeps in line with our goal of long term funding.

The Lyme Land Trust has been in Lyme for over 50 years. We're accredited and steward over 3,000 acres in Lyme, CT.

Our woodlands produce fresh air and water for the region. Much of our water is the last to flow into the CT River which provides 70% of the fresh water entering LI Sound!

Our woodlands and waterways are available to the public for recreation. Large tracts offer wildlife bio-diversity. Dam removal and fish ladders offer spawning fish first waterway points of entry to their origins. Those journeys can be measured in thousands of miles as can be the flight of migrating birds prevalent in the area. We are vital to the region

All of this takes money. What have we done:

-Created the Tour de Lyme/most riders outside of Lyme
-Established the President's Circle/donors of $1,000+
-Created the Heritage Society/Members including us in planned giving
-Developing new Member initiatives/area focused drives to fund property purchases
-Created Charitable Gift Annuity/12 sold

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

    other,

  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve,

  • What significant change resulted from feedback?

    Mail issues resulted in delays of donor acknowledgment. Donors now in our leading categories are now called the day contributions are received. The recognition is very well received a feedback on likes or dislikes shared with our President and Executive Director.

  • With whom is the organization sharing feedback?

    Our staff, Our board,

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback,

Financials

Lyme Land Conservation Trust Inc
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Lyme Land Conservation Trust
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

8.60

Average of 4.58 over 10 years

Months of cash in 2020 info

SOURCE: IRS Form 990

22.5

Average of 35.4 over 10 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

9%

Average of 3% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Lyme Land Conservation Trust Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Lyme Land Conservation Trust Inc

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Lyme Land Conservation Trust Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of Lyme Land Conservation Trust Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2015 2016 2018 2019 2020
Unrestricted surplus (deficit) before depreciation $50,320 $542,428 $253,628 $238,401 $941,921
As % of expenses 6.6% 179.2% 64.5% 90.5% 284.1%
Unrestricted surplus (deficit) after depreciation $49,905 $542,145 $253,384 $238,157 $941,677
As % of expenses 6.6% 179.0% 64.4% 90.3% 283.8%
Revenue composition info
Total revenue (unrestricted & restricted) $986,833 $1,066,345 $949,995 $479,105 $991,426
Total revenue, % change over prior year 19.7% 8.1% 0.0% -49.6% 106.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 7.1% 7.3% 7.2% 17.2% 7.1%
Investment income 0.1% 0.5% 1.5% 6.4% 2.8%
Government grants 35.6% 24.4% 0.0% 0.0% 0.0%
All other grants and contributions 57.2% 67.8% 68.5% 76.5% 81.5%
Other revenue 0.0% 0.0% 22.8% 0.0% 8.7%
Expense composition info
Total expenses before depreciation $757,244 $302,667 $393,283 $263,415 $331,526
Total expenses, % change over prior year 308.6% -60.0% 0.0% -33.0% 25.9%
Personnel 9.7% 26.5% 26.9% 42.5% 41.6%
Professional fees 7.0% 44.7% 44.3% 13.2% 36.0%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 1.1% 1.8% 0.0% 0.0% 0.0%
Pass-through 72.8% 0.0% 0.0% 0.0% 0.0%
All other expenses 9.5% 27.1% 28.8% 44.3% 22.5%
Full cost components (estimated) info 2015 2016 2018 2019 2020
Total expenses (after depreciation) $757,659 $302,950 $393,527 $263,659 $331,770
One month of savings $63,104 $25,222 $32,774 $21,951 $27,627
Debt principal payment $83,000 $133,000 $130,000 $80,000 $80,000
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $903,763 $461,172 $556,301 $365,610 $439,397

Capital structure indicators

Liquidity info 2015 2016 2018 2019 2020
Months of cash 23.7 43.3 23.9 40.7 22.5
Months of cash and investments 23.7 62.9 56.7 93.7 75.3
Months of estimated liquid unrestricted net assets 77.0 214.0 181.3 281.6 278.0
Balance sheet composition info 2015 2016 2018 2019 2020
Cash $1,493,641 $1,091,111 $783,152 $893,902 $621,174
Investments $0 $496,268 $1,075,136 $1,162,094 $1,458,507
Receivables $0 $260,000 $0 $0 $0
Gross land, buildings, equipment (LBE) $14,374 $14,374 $15,594 $15,594 $15,594
Accumulated depreciation (as a % of LBE) 97.5% 99.5% 94.3% 95.9% 97.4%
Liabilities (as a % of assets) 5.4% 3.0% 3.4% 2.6% 2.8%
Unrestricted net assets $4,856,092 $5,398,237 $5,942,990 $6,181,147 $7,679,142
Temporarily restricted net assets $1,130,535 $1,350,662 $1,515,811 $1,531,292 N/A
Permanently restricted net assets $0 $0 $0 $0 N/A
Total restricted net assets $1,130,535 $1,350,662 $1,515,811 $1,531,292 $649,075
Total net assets $5,986,627 $6,748,899 $7,458,801 $7,712,439 $8,328,217

Key data checks

Key data checks info 2015 2016 2018 2019 2020
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Ms. Kristna White

Kristina White joined the Lyme Land Conservation Trust in November of 2017. At the time of her appointment Kristina was on the Land Trust Board. A graduate of Connecticut College, She had previously served for ten years in leadership administrative positions at Musical Masterworks, Old Lyme, CT. As an outdoor enthusiast, Kristina can be frequently found exploring the many trails of Lyme.

Number of employees

Source: IRS Form 990

Lyme Land Conservation Trust Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Lyme Land Conservation Trust Inc

Board of directors
as of 01/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. John F Pritchard

Brantley Buerger

TSSD Services

Jonathan Butler

Aia LLC

Dan Hulseberg

Baker Botts LLC

Wendolyn Hill

Lyme Open Space Coordinator

Anthony Irving

Ecological and Environmental Consulting Services, inc.

Nancy Newcomb

Retired Citigroup Senior Corporate Officer Risk Management

John Pritchard

Retired Head of Pillsbury Winthrop LLP

Joe Standart

Joe Standart Photography

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 5/12/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

 

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.