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Compatible Lands Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271693939 ✦ Claremore, OK ✦ Designated as a 501(c)(3)

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Overview

What is Compatible Lands Foundation?

The Compatible Lands Foundation is a non-profit organization based in Claremore, Oklahoma. Its primary focus is on the acquisition of land parcels and easements, particularly around military installations and properties with significant natural resources and conservation values. The Foundation's mission is twofold: to promote the conservation, restoration, and preservation of land and natural resources, as well as to encourage compatible land uses among both public and private landowners. By doing so, the Foundation aims to foster a harmonious relationship between land development and the preservation of natural resources, ensuring their continued health and sustainability. The Foundation has a workforce of 9 individuals dedicated to achieving these goals.


Official website here: www.compatiblelands.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 62%)

The Compatible Lands Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its financial accountability and transparency. While the organization demonstrates strengths in governance with a fully independent board and solid program expense ratio, significant gaps exist in the reporting and public availability of financial statements, which may hinder stakeholder trust.

The foundation has successfully established policies for conflict of interest and document retention, maintaining a good level of compliance in these areas. However, the absence of a whistleblower policy and missing financial documentation on its website raise concerns about its commitment to accountability. Furthermore, the very high liabilities to assets ratio signals potential financial risks that users should consider.

Overall, while the organization shows promise in its program expenses and board governance, it will need to address its financial reporting practices and enhance transparency to improve its rating and build greater trust among donors and the public.


This AI summary has been generated from information found on Charity Navigator.

Is Compatible Lands Foundation legitimate?

Compatible Lands Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compatible Lands Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $186,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,148

For more financial information, click here


Official website here: www.compatiblelands.net

What is the mission statement of Compatible Lands Foundation?

The Compatible Lands Foundation is dedicated to conserving, restoring, and preserving land and natural resources. Their mission involves fostering compatible land uses among both public and private landowners. The organization promotes these objectives by acquiring easements and land parcels, particularly around military installations and other properties with significant natural resources and conservation values. Essentially, they aim to ensure the sustainable use and protection of land and natural resources while encouraging harmonious land use practices among various landowners.


Official website here: www.compatiblelands.net

Who is the CEO of Compatible Lands Foundation?

Scott Farley is the Chair of Compatible Lands Foundation.


Official website here: www.compatiblelands.net

What is the revenue of Compatible Lands Foundation?

Compatible Lands Foundation's revenue in 2022 was $8,993,979.


Official website here: www.compatiblelands.net

Who are the executives of Compatible Lands Foundation and what are their salaries?

The average compensation at Compatible Lands Foundation during 2022 was $69,559. There are 9 employees and 6 volunteers at Compatible Lands Foundation.


Here are 8 key members and their salaries:


Joe Knott (Executive Di)
  • Compensation: $186,882
  • Related: $0
  • Other: $11,213
Tim Beaty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Belfit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Crago (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Crosby (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Farley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.compatiblelands.net

Where can I find the form 990 for Compatible Lands Foundation?

Compatible Lands Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.compatiblelands.net

Learn more at the official website: www.compatiblelands.net

Mission Statement of Compatible Lands Foundation

The Compatible Lands Foundation, a nonprofit organization, is committed to the conservation, restoration, and preservation of land and natural resources. The Foundation's mission is to foster compatible land uses among both public and private landowners. By acquiring easements and land parcels, particularly around military installations and properties with significant natural resources and conservation values, the Foundation works towards promoting sustainable land management practices. In essence, the Compatible Lands Foundation aims to protect the environment and encourage responsible land use, contributing to a healthier and more balanced ecosystem.

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Impact




June, 2024

Compatible Lands Foundation has made a significant impact in promoting the conservation, restoration, and preservation of land and natural resources while fostering compatible land uses among both public and private landowners. One of its key activities involves the acquisition of easements and land parcels around military installations and other properties with significant natural resources and conservation values. By focusing on these efforts, the foundation plays a crucial role in protecting the environment and ensuring sustainable land management practices.




This information is meant to be a general summary of Compatible Lands Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,993,979 (2022)
Expenses
$7,222,996 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,712
  • Program Service Revenue: $116,448
  • Gross Receipts: $8,993,979

Assets and Liabilities:

  • Total Assets: $3,471,428
  • Total Liabilities: $2,852,054
  • Net Assets: $619,374

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE INCOME

Revenue

$116,448

Organization Details

Founding Year

2010

Principal Officer

Scott Farley

Main Address

500 S LYNN RIGGS BOX 333, CLAREMORE, OK, 74017

NTEE Category

Code: C30 - Environment

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