2025-05-29T11:30:01-05:00 2024-12-31 351178661 BLUE & CO LLC 250 WEST MAIN STREET SUITE 2900 LEXINGTON KY 40507 990 2024-01-01 611276913 KENTUCKY NATURAL LANDS TRUST INC KENT 8599860744 433 CHESTNUT STREET BEREA KY 40403 GREG ABERNATHY EXECUTIVE DIRECTOR 8599860744 2025-05-26 1 1 RICHARD C SHIELDS P00852717 8592531100 2025-05-26 2024 2025-03-06 01:10:19Z GREG ABERNATHY 433 CHESTNUT STREET BEREA KY 40403 12798053 0 X HTTPS://KNLT.ORG/ X 1995 KY NATIONALLY ACCREDITED LAND TRUST WORKING TO PROTECT, CONNECT, AND RESTORE WILDLANDS IN KENTUCKY. 15 15 0 45 5038 0 3277895 7599019 92625 95827 374695 376739 943 17538 3746158 8089123 0 0 0 0 649575 797353 0 0 257635 1876275 1803551 2525850 2600904 1220308 5488219 27454138 35409143 9749019 11647041 17705119 23762102 KENTUCKY NATURAL LANDS TRUST WORKS TO PROTECT, CONNECT AND RESTORE WILDLANDS WITH A COMMITMENT TO SAFEGUARDING BIODIVERSITY, MITIGATING CLIMATE IMPACTS AND FOSTERING HEALTHY COMMUNITIES. 0 0 1918423 108327 KENTUCKY NATURAL LANDS TRUST (KNLT) IS WORKING TO PROTECT WILDLANDS IN CENTRAL APPALACHIA AND BEYOND. OUR PRIMARY FOCUS IS ALONG PINE AND CUMBERLAND MOUNTAINS. OUR EFFORTS BEGAN WITH RAISING FUNDS IN PARTNERSHIP WITH THE OFFICE OF KENTUCKY NATURE PRESERVES TO SAFEGUARD KENTUCKY'S LARGEST REMAINING TRACT OF OLD GROWTH FOREST NOW KNOWN AS BLANTON FOREST STATE NATURE PRESERVES. SINCE 1995, KNLT HAS PROTECTED MORE THAN 60,000 ACRES OF WILDLANDS. THROUGH 2024, KNLT HAS DIRECTLY PROTECTED OVER 19,000 ACRES AND PARTNERED ON THE PROTECTION OF AN ADDITIONAL 40,500 ACRES. KNLT CONTINUES TO STEWARD TENS OF THOUSANDS OF WILDLANDS ACRES BOTH KNLT PRESERVES AND IMPORTANT CONSERVATION AREAS HELD BY PARTNERS. 1918423 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY AL AR CA FL GA HI IL KS MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X MOUNTAIN ASSOCIATION 8599860744 433 CHESTNUT STREET BEREA KY 40403 KELLY BARTLEY CHAIR AND DIRECTOR 3.00 X X 0 0 0 JULIA TAYLOR VICE CHAIR AND DIRECTOR 1.00 X X 0 0 0 BERT LYONS SECRETARY, TREASURER AND D 1.00 X X 0 0 0 REBECCA ALLAN DIRECTOR 0.50 X 0 0 0 BETHANY BAXTER DIRECTOR 0.50 X 0 0 0 IVY BRASHEAR DIRECTOR 0.50 X 0 0 0 GREG DAVIS MD DIRECTOR 0.50 X 0 0 0 PREMALATHA DURHAM DIRECTOR 0.50 X 0 0 0 MARC EVANS DIRECTOR 0.50 X 0 0 0 SUSAN HAMILTON DIRECTOR 0.50 X 0 0 0 LAURA KELLER DIRECTOR 0.50 X 0 0 0 MELANIE RATLIFF DIRECTOR 0.50 X 0 0 0 KATHLEEN SHELTON DIRECTOR 0.50 X 0 0 0 ZOE STRECKER DIRECTOR 0.50 X 0 0 0 ZEB WEESE DIRECTOR 0.50 X 0 0 0 GREG ABERNATHY EXECUTIVE DIRECTOR 40.00 X 116640 0 18127 116640 0 18127 1 0 0 0 COPPERHEAD ENVIRONMENTAL CONSULTING INC 471 MAIN STREET PAINT LICK KY 40461 CONSULTING 514185 JOHNSON MIRMIRAN & THOMPSON INC 2480 FORTUNE DRIVE 250 LEXINGTON KY 40509 SURVEYOR 322060 BROWN & HILL PLLC 1005 SOUTH MAIN STREET SUITE 101 CORBIN KY 40701 LEGAL 242930 3 629512 6969507 2199809 7599019 PROJECT INCOME 110000 95827 95827 95827 249341 249341 4836328 4708930 127398 127398 127398 MISCELLANEOUS INCOME 900099 12500 12500 MOUNTAIN LAUREL LAKE 110000 5038 5038 17538 8089123 108327 5038 376739 X 134767 81497 22910 30360 501693 303387 85287 113019 25108 15183 4269 5656 88483 53509 15042 19932 47302 28605 8041 10656 242784 199338 43446 15390 15390 55784 55784 1246379 1050521 137975 57883 3036 2388 523 125 42631 23883 7245 11503 24027 18742 4087 1198 7162 5588 1217 357 36001 28082 6121 1798 20073 15659 3411 1003 18131 14143 3083 905 24617 19200 4185 1232 TAXES AND LICENSES 28744 22419 4887 1438 REPAIRS 27368 27368 SUPPLIES 11424 8911 1943 570 2600904 1918423 424846 257635 10443020 12149574 2521316 12300 66802 2979 6073 10930496 122415 9821068 10808081 6433894 7395215 735674 2458879 5203 3203 27454138 35409143 209710 157352 9539309 11489689 9749019 11647041 X 17333309 23424719 371810 337383 17705119 23762102 27454138 35409143 X 5488219 563997 4767 X X 0 1 X 1 0 X 2435549 2449683 1704656 3277895 7599019 17466802 2435549 2449683 1704656 3277895 7599019 17466802 5262416 12204386 94095 193508 159544 206002 254108 907257 646 1628 1929 943 5038 10184 15200 12500 27700 18411943 1181231 0.66290 0.68520 X 0.68520 0.05620 PART I, BOX 7 IN PRIOR YEARS, BOX 10 HAD BEEN CHECKED. PER REVIEW OF THE TAX-EXEMPT DETERMINATION LETTER FROM THE IRS, THIS HAS BEEN CORRECTED TO BOX 7 FOR 2024. THE PUBLIC SUPPORT PERCENTAGE HAS BEEN CALCULATED USING PART II AND WAS NOT SIGNIFICANTLY DIFFERENT FROM THE PRIOR YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3 390.58 0 1 1 75.00 3483 76143 6054 4767 86964 59207 5165 11771 76143 40663 30201 -11657 59207 40052 611 40663 1.00000 1 0 10744019 10744019 40000 40000 0 37800 6300 31500 19203 19203 0 89474 56912 32562 10808081 BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS 86964 F CASH HELD BY BROKER 2183842 C INVESTMENT IN NON-PUBLIC CORPORATION 188073 C 2458879 FUNDS HELD FOR IMPERILED BAT CONSERVATION FUND 11458189 OPERATING LEASE LIABILITIES 31500 11489689 X 8602103 563997 4767 568764 8033339 55784 55784 8089123 2545120 0 2545120 55784 55784 2600904 PART II, LINE 9: THE ORGANIZATION REPORTS THE VALUE ASSIGNED TO THE EASEMENT UNDER CONTRIBUTIONS INCOME AND SUBSEQUENTLY ASSESSES A VALUATION ALLOWANCE TO THE EASEMENT TO BRING IT DOWN TO ITS CARRYING VALUE OF $1. IT IS CARRIED ON THE BALANCE SHEET AT THIS AMOUNT. PART V, LINE 4: FUNDS ARE HELD BY COMMUNITY FOUNDATION TRUSTS FOR THE BENEFIT OF THE ORGANIZATION. DISTRIBUTIONS ARE AT THE DISCRETION OF THE TRUSTS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE CONTEXT OF SECTION 509(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS FILED ITS FEDERAL INCOME TAX RETURNS FOR PERIODS THROUGH DECEMBER 31, 2023. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTERESTS IN TRUSTS 4,767. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES, NETTED IN AUDITED FINANCIALS 55,784. PART II, QUESTIONS 6 & 7 THIS ESTIMATE INCLUDES BESIDES HOURS ON THE GROUND AT PROJECT SITES, EDUCATION ABOUT EASMENT INFORMATION, ESTABLISHMENT OF INSPECTION FORMS, CURRENT CONDITION REPORTS TO SUPPLEMENT BASELINE, FUNDING AND PURCHASE OF MATERIALS ASSOCIATED WITH THESE DUTIES, DRAFTING EASEMENTS THAT MEET STANDARDS THAT ARE ENFORCABLE, AND ESTABLISHING AND MAINTAINING DEFENSE INSURANCE, ETC. ADDITIONAL INFORMATION ON IMPERILED BAT CONSERVATION FUND - THE IMPERILED BAT CONSERVATION FUND (IBCF) WAS ESTABLISHED THROUGH A PARTNERSHIP BETWEEN KNLT AND THE U.S. FISH AND WILDLIFE SERVICE (USFWS) KENTUCKY FIELD OFFICE. THE FUND IS ADMINISTERED BY KNLT WITH THE ASSISTANCE OF THE USFWS AND WAS CREATED TO PROVIDE RECOVERY-FOCUSED CONSERVATION FOR THE FEDERALLY-ENDANGERED INDIANA BAT AND THE NORTHERN LONG-EARED BAT. FUNDING IS MADE AVAILABLE TO CONSERVATION GROUPS FOR PURCHASING AND PROTECTING FORESTED BAT HABITAT, AS WELL AS, FOR HABITAT MANAGEMENT, MONITORING AND RESEARCH. KNLT ACCEPTS FUNDS AS A FISCAL AGENT FOR THE IBCF AND AGREES TO DISBURSE THOSE ASSETS TO DESIGNATED BENEFICIARIES. ASSETS HELD BY KNLT FOR THE IBCF ARE CLASSIFIED AS "CURRENT LIABILITIES" ON THE STATEMENT OF FINANCIAL POSITION. IBCF FUNDS ARE LISTED IN THE 990 IN PART X UNDER "LIABILITIES". ROBERT BROWN SPOUSE OF FORMER BOARD MEMBER 242930 LEGAL FEES 0 SCHEDULE L, PART V - ADDITIONAL INFORMATION ROBERT BROWN IS ONE OF THE ATTORNEYS KNLT USES FOR LEGAL SERVICES RELATED TO LAND ACQUISITION. LEGAL SERVICE PROVIDERS ARE SELECTED BY STAFF AND RATES ARE REVIEWED REGULARLY TO DETERMINE IF RATES ARE EQUITABLE AND FAIR. KNLT'S BOARD OF DIRECTORS REVIEW AND APPROVE ALL TRANSACTIONS WITH INTERESTED PERSONS FOLLOWING KNLT'S CONFLICT OF INTEREST POLICY. X 10 2199807 FAIR VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY STAFF AND MADE AVAILABLE TO REVIEW BY THE BOARD FINANCE COMMITTEE, BOARD CHAIR, AND ALL BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE MADE AWARE OF POLICY, AND ANY APPARENT CONFLICTS ARE DISCUSSED AT BOARD MEETINGS. ALSO, EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR THAT IS REVIEWED BY KNLT'S EXECUTIVE COMMITTEE. ONCE A YEAR, THE BOARD FORMALLY REVIEWS THE PURPOSE, INTENT, AND IMPORTANCE OF THE CONFLICT OF INTEREST POLICY AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 KNLT'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY STAFF. THE COMMITTEE USES SALARY COMPARISON INFORMATION FROM THE NATIONAL LAND TRUST ALLIANCE'S SALARY SURVEY DATA. DECISIONS REGARDING COMPENSATION ARE ALSO PART OF THE ANNUAL BUDGET WHICH RECEIVES COMPLETE REVIEW AND APPROVAL BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1023, 990, AND 990-T ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 666,220. MANAGEMENT AND GENERAL EXPENSES 129,816. FUNDRAISING EXPENSES 55,483. TOTAL EXPENSES 851,519. SURVEYOR: PROGRAM SERVICE EXPENSES 346,860. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 346,860. ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 37,441. MANAGEMENT AND GENERAL EXPENSES 8,159. FUNDRAISING EXPENSES 2,400. TOTAL EXPENSES 48,000. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTERESTS IN TRUSTS 4,767. FORM 990, PART XII, LINE 2B THE METHOD DID NOT CHANGE FROM THE PRIOR YEAR.