2024-05-14T15:38:50-04:00 2023-12-31 541853459 MITCHELL BURNS & CO PC 110 E MARKET ST STE 200 LEESBURG VA 20176 990 2023-01-01 541601471 THE LAND TRUST OF VIRGINIA INC LAND 5406878441 PO BOX 14 MIDDLEBURG VA 201180014 CHILDS F BURDEN CHAIR 5406878441 2024-05-14 true CHILDS BURDEN 999009999 false KARA J DOYLE P01663423 7037774900 2024-05-14 2023 2023-04-26 12:10:37Z CHILDS F BURDEN PO BOX 14 MIDDLEBURG VA 201180014 3123243 false X LANDTRUSTVA.ORG X 1991 VA LTV PROMOTES THE PRESERVATION,PROTECTION AND USE OF THE NATURAL, SCENIC, AND HISTORIC RESOURCES. 16 16 9 128 0 708998 1182373 305750 266250 43316 -136158 8786 7212 1066850 1319677 0 0 568553 503628 0 26240 305235 363384 873788 867012 193062 452665 7167847 7918914 399972 308759 6767875 7610155 TO OPERATE AS LTV FOR THE PURPOSE OF PROMOTING THE PRESERVATION, PROTECTION AND BALANCED USE OF NATURAL, SCENIC, AND HISTORIC RESOURCES IN THE COMMONWEALTH OF VIRGINIA THROUGH CONSERVATION EASEMENTS AND OWNERSHIP. false false 411476 266250 ACQUIRE CONSERVATION LAND EASEMENTS AND EDUCATE THE PUBLIC ABOUT THE VALUE OF PROTECTING NATURAL AND HISTORIC RESOURCES. 119252 MONITOR, DEFEND, AND ENFORCE THE ACQUIRED CONSERVATION LAND EASEMENTS TO ENSURE PROTECTION IN PERPETUITY. 217441 PUBLIC INFORMATION, EDUCATION AND OUTREACH. 748169 true true false false false false true false false true true false true false true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 13 0 9 true false false false false false true true false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true false false VA X X X THE LAND TRUST OF VIRGINIA 5406878441 PO BOX 14 MIDDLEBURG VA 20118 ASHTON COLE EXECUTIVE DI 40.00 X 104896 0 8649 CHILDS F BURDEN CHAIR 5.00 X X 0 0 0 POLLY L GAULT VICE CHAIR 15.00 X X 0 0 0 REBECCA MCDERMOTT TREASURER 2.00 X X 0 0 0 STEFFANIE BURGEVIN SECRETARY 2.00 X X 0 0 0 JOHN BRYANT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER C DEMATATIS DIRECTOR 1.00 X 0 0 0 POLLY L GAULT DIRECTOR 1.00 X 0 0 0 STEPHANIE L KENYON DIRECTOR 1.00 X 0 0 0 C DULANY MORISON DIRECTOR 1.00 X 0 0 0 JONATHON NUCKLES DIRECTOR 1.00 X 0 0 0 LILLA OHRSTROM DIRECTOR 1.00 X 0 0 0 SALLY B PRICE DIRECTOR 1.00 X 0 0 0 PHILIP D PASCHALL DIRECTOR 1.00 X 0 0 0 KEVIN RAMUNDO DIRECTOR 1.00 X 0 0 0 CLAUDE SCHOCH DIRECTOR 1.00 X 0 0 0 BIRGE S WATKINS DIRECTOR 1.00 X 0 0 0 MELISSA WINCHESTER DIRECTOR 1.00 X 0 0 0 104896 8649 1 false false false 133756 142122 906495 445800 1182373 STEWARDSHIP FEES 531390 152750 152750 EASEMENT FEES 531390 113500 113500 266250 130679 130679 7212 7212 7212 7212 568172 850000 583159 1101850 -14987 -251850 -266837 -266837 118557 133756 118557 1319677 266250 -128946 104896 94916 6875 3105 339531 313401 18707 7423 24892 23154 942 796 34309 31265 1977 1067 33060 33060 30793 2400 28393 15804 14224 1580 10248 7799 2201 248 45946 27568 9189 9189 15554 15297 257 6262 6262 6996 6996 8874 4943 3179 752 DONATED PROPERTY COSTS 80896 80896 PRINTING AND REPRO. 28236 24969 2349 918 EDUCATION & OUTREACH 19787 17194 2345 248 STEWARDSHIP 15496 15496 45432 28329 14609 2494 867012 748169 92603 26240 436538 1125819 168939 142122 197100 129250 6602 8796 54872 28316 33552 26556 3945238 4834498 2100000 1410000 279878 241873 7167847 7918914 47271 36374 22530 22000 330171 250385 399972 308759 X 6608765 7351301 159110 258854 6767875 7610155 7167847 7918914 X 452665 464615 -75000 X false true X true false X 469881 661279 729439 708998 747373 3316970 469881 661279 729439 708998 747373 3316970 286241 3030729 79312 67292 121006 147559 137891 553060 3870030 384807 0.78310 0.72250 X SUPPORTING SCHEDULE DONATED LAND 435,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 261 33674.00 1 true 2155.00 118416 true 254790 184281 35353 -33908 440516 329090 -39792 -34708 254790 50508 278582 329090 43655 6853 50508 13655 30000 43655 0.99500 0.00300 0.00200 false false DONATED LAND HELD FOR SALE 1410000 F 1410000 LEASE LIABILITY 250385 250385 X 1717988 464615 8696 -75000 398311 1319677 1319677 875708 8696 8696 867012 867012 SCHEDULE D, PAGE 1, PART II, LINE 5 LTV MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY YEARLY. SCHEDULE D, PAGE 1, PART II, LINE 9 LTV DOES NOT REPORT DONATED LAND EASEMENTS AS AN ASSET ON THEIR BALANCE SHEET NOR DOES LTV REPORT REVENUE UPON DONATION OF THE LAND EASEMENT. LTV HAS ADOPTED THE ZERO VALUATION APPROACH TO THE LAND EASEMENT VALUE FOR FINANCIAL REPORTING. ALL COSTS ASSOCIATED WITH EASEMENT MONITORING ARE EXPENSED AS INCURRED. SCHEDULE D, PAGE 3, PART X LTV QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED THE GUIDANCE UNDER ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. INCOME TAX REPORTING YEARS OPEN FOR IRS AUDIT INCLUDE 2020, 2021, 2022 AND 2023. SCHEDULE D, PAGE 4, PART XI, LINE 2D FMV ADJUSTMENT OF DONATED PROPERTY -75,000 FIELD PARTY 74194 34235 39959 39959 GARDEN PARTY 116680 70566 46114 46114 1 61439 28955 32484 32484 252313 133756 118557 118557 118557 X 1 435000 FORM 8283 FAIR VALUE X VARIOUS GOODS 6 10800 FV (COST TO PURCHASE) false true false FORM 990, PAGE 6, PART VI, LINE 11B THE IRS FORM 990 WAS PROVIDED IN DRAFT FORM TO THE LTV BOARD OF DIRECTORS AND THE FINAL IRS FORM 990 WAS REVIEWED AND ACCEPTED BY THE LTV BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C LTV MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY YEARLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 FMV ADJUSTMENT OF DONATED PROPERTY -75,000