2026-08-04T12:47:20-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2025-01-01 860610154 CENTRAL ARIZONA LAND TRUST CENT 9284457790 PO BOX 1050 PRESCOTT AZ 86302 KAOLIN RANDALL PRESIDENT 9284457790 2026-07-31 1 SHARLYNN GARZA P02038329 4808394900 2026-07-30 2025 2025-03-06 01:10:19Z KAOLIN RANDALL PO BOX 1050 PRESCOTT AZ 86302 219268 0 X WWW.CENTRALAZLANDTRUST.ORG X 1989 AZ PRESERVING ARIZONA'S NATURAL AND CULTURAL HERITAGE FOR FUTURE GENERATIONS. 11 10 1 10 0 0 556426 110246 151025 50873 11416 45539 7991 4894 726858 211552 0 0 0 0 0 38608 0 0 15214 543330 179690 543330 218298 183528 -6746 784657 831487 3559 10069 781098 821418 X THE MISSION OF CENTRAL ARIZONA LAND TRUST (CALT) IS TO CONSERVE AND PROTECT OPEN SPACE, WILDLIFE HABITAT, WORKING AGRICULTURAL LANDS AND ARIZONA'S SCENIC AND CULTURAL VALUES FOR FUTURE GENERATIONS. 0 0 129026 50873 IN 2025, CALT ENTERED INTO ITS THIRD, FIVE-YEAR ACCREDITATION RENEWAL THROUGH THE NATIONAL LAND TRUST ACCREDITATION COMMISSION. TO PREPARE EXTENSIVE DOCUMENTATION OF OUR STANDARDS AND PRACTICES DURING 2021-2026, A PART-TIME EXECUTIVE DIRECTOR WAS HIRED FOR ONE YEAR. ALSO, IN DECEMBER 2025 CALT HELD ITS ANNUAL MEETING AT WHICH NEW OFFICERS WERE ELECTED.AS OF THE END OF 2025, CALT HELD 17 CONSERVATION EASEMENTS TOTALING 6325 ACRES YAVAPAI, COCONINO AND MARICOPA COUNTIES. ANNUAL MONITORING OF CURRENT EASEMENTS TO ASSURE ON-GOING PROTECTION OF THEIR CONSERVATION VALUES WAS COMPLETED IN SUMMER OF 2025. THE ANNUAL WIDE OPEN SPACES CELEBRATION WAS HELD IN SEPTEMBER WITH 80 GUESTS AND $47,000 WAS RAISED FOR THE DATE CREEK RANCH CONSERVATION EASEMENT. 129026 1 1 0 0 0 0 1 0 0 1 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 8 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X GREAT EXPECTATIONS BUSINESS SERVICES LLC 2622158733 4556 S CAMINO VAGA PRESCOTT AZ 86303 REBECCA RUFFNER EXECUTIVE DIRECTOR 20.00 X X 35568 0 0 KAOLIN RANDALL PRESIDENT 1.00 X X 0 0 0 MICHAEL STEWARD VICE PRESIDENT 1.00 X X 0 0 0 JUDY CLAPP TREASURER 1.00 X X 0 0 0 ANN MARY GLAAB SECRETARY 1.00 X X 0 0 0 PATRICIA BRUNEAU-GABER DIRECTOR 1.00 X 0 0 0 DICK HANNA DIRECTOR 1.00 X 0 0 0 KEN JORDAN DIRECTOR 1.00 X 0 0 0 DIANA KESSLER DIRECTOR 1.00 X 0 0 0 JOHN STALLINGS DIRECTOR 1.00 X 0 0 0 KATHY SISCHKA DIRECTOR 1.00 X 0 0 0 35568 0 0 0 0 0 0 0 110246 1432 110246 LAND PRESERVATION 900099 50873 50873 50873 45539 45539 12610 7716 4894 4894 211552 50873 0 50433 X 35568 14227 14227 7114 3040 1152 1312 576 3488 3488 41717 41717 2591 2591 108719 108258 461 3362 1492 1870 4573 4056 517 5372 770 4502 100 OTHER EXPENSES 9868 3127 1704 5037 218298 129026 74058 15214 170284 80373 46453 18396 16893 4000 11227 3194 4933 102000 102000 102000 445833 610558 784657 831487 3559 10069 3559 10069 X 334534 333103 446564 488315 781098 821418 784657 831487 -6746 47066 0 X X 1 X 0 1 0 X 400533 599387 811334 556426 110246 2477926 400533 599387 811334 556426 110246 2477926 217275 2260651 4721 7755 9742 11416 45539 79173 7991 4894 12885 2569984 50873 0.87960 0.93530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 17 6325.00 12 1 1 88.00 14775 1 41029 1500 8140 591 226 49852 35483 1500 4638 207 385 41029 31086 1500 3608 711 35483 33341 1500 -3580 175 31086 27684 1500 4297 140 33341 1.00000 0 0 102000 102000 102000 X PART II, LINE 5: PER THE CONSERVATION EASEMENT ENFORCEMENT POLICY ADOPTED BY THE BOARD OF DIRECTORS, JUNE 13, 2014, CALT WORKS WITH LANDOWNERS THROUGHOUT THE CONSERVATION EASEMENT DEVELOPMENT PROCESS TO ENSURE THE PROPERTY ADHERES TO ESTABLISHED ACCEPTANCE CRITERIA PER IRS REGULATIONS, AS WELL AS STANDARDS AND PRACTICES FOR TRANSACTIONS ESTABLISHED BY THE NATIONAL LAND TRUST ALLIANCE. CALT PERSONNEL COORDINATES ALL REQUIRED DUE DILIGENCE THAT SERVES TO INFORM WELL-DRAFTED CONSERVATION AGREEMENTS, COMPREHENSIVE BASELINE DOCUMENTATION, AND ACCURATE MAPPING. ONCE LEGALLY RECORDED, CALT CONDUCTS ANNUAL MONITORING VISITS TO EACH CONSERVATION PROPERTY AND DOCUMENTS EACH MONITORING PROCESS, PROVIDING WRITTEN REPORTS TO THE LAND OWNER, AND MAINTAINING DOCUMENTATION OF MONITORING IN DIGITAL AND PHYSICAL RECORD KEEPING FORMATS. SHOULD A VIOLATION OF A CONSERVATION EASEMENT BE FOUND, CALT DOCUMENTS IN WRITING AND WITH PHOTOS THE NATURE OF THE VIOLATION REFERENCING THE RECORDED TERMS OF THE EASEMENT, ITS EXACT LOCATION, AND EXTENT. THE MONITOR REPORTS THE VIOLATION TO CALT BOARD AS WELL AS THE LAND OWNER, WITH WHOM REMEDIES ARE DISCUSSED. IF LANDOWNER TAKES RESPONSIBILITY FOR REMEDYING THE VIOLATION, DOCUMENTATION IS REQUIRED TO BE PROVIDED TO CALT WITHIN A REASONABLE TIMEFRAME. IF LAND OWNER REFUSES TO REMEDY THE VIOLATION CALT MAY SEEK LEGAL COUNSEL, AND IF NECESSARY PURSUE COURT ENFORCEMENT. PART II, LINE 9: THE VALUE OF A CONSERVATION EASEMENT IS NOT RECORDED IN CALT'S FINANCIAL RECORDS. RATHER THE COSTS ASSOCIATED WITH THE TRANSACTION AND STEWARDSHIP ARE RECORDED IN THE STATEMENT OF ACTIVITY, WHERE, FOR EXAMPLE, CALT PAYS CONTRACTORS FOR DUE DILIGENCE SERVICES AND THEN INVOICES THE LANDOWNER FOR REIMBURSEMENT. UPON CLOSING, THE STEWARDSHIP FUNDS CALT RECEIVES ARE INVESTED AND RECORDED AS DONOR-RESTRICTED NET ASSETS ON THE BALANCE SHEET. EARNINGS ON THESE FUNDS ARE RECORDED AS EQUITY AND ARE BOARD-DESIGNATED/UNRESTRICTED BUT TYPICALLY DESIGNATED FOR STEWARDSHIP. STEWARDSHIP FUNDS AND THE ASSOCIATED EARNINGS ARE SPENT DOWN TO COVER THE COSTS OF ANNUAL MONITORING, INSPECTING, HANDLING VIOLATIONS, AND ENFORCING CONSERVATION EASEMENTS DURING THE YEAR. THE SUSTAINABILITY FEE RECEIVED IS USED AS UNRESTRICTED OPERATING FUNDS AND IS ALSO RECORDED AS AN ASSET ON THE BALANCE SHEET IN THE OPERATIONS CHECKING ACCOUNT. PART X, LINE 2: THE ORGANIZATION RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY-THAN-NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF DECEMBER 31, 2025, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS IN PLACE AND ANNUALLY ALL MEMBERS OF THE BOARD OF DIRECTORS AND STAFF SIGN A CONFLICT OF INTEREST STATEMENT WHICH DEFINES HOW AND WHEN TO DECLARE A POTENTIAL CONFLICT, AS WELL AS IF A MEMBER HAS ANY CURRENT CONFLICTS OR POTENTIAL CONFLICTS TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE HALF TIME EXECUTIVE DIRECTOR WAS FOR THE BOARD TO REVIEW THE LAND TRUST ALLIANCE ANNUAL SALARY SURVEY. THIS SURVEY DESCRIBES BOTH THE MEAN AND THE AVERAGE SALARY FOR EXECUTIVE DIRECTORS OF SOME 1000 LAND TRUSTS NATIONALLY. THE BOARD THEN DETERMINED AN INDUSTRY-STANDARD COMPENSATION LEVEL FOR THE HALF-TIME EXECUTIVE DIRECTOR BY CALCULATING HALF OF AN AVERAGE SALARY FOR A LAND TRUST OF SIMILAR BUDGET SIZE. FORM 990, PART VI, SECTION C, LINE 18 FORMS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 91,945. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,945. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 16,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,313. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 461. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 461. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.