Skip to main content

Nonprofit · EIN 52-2135531

FOREST TRENDS ASSOCIATION

Tax-exempt · WASHINGTON, DC 20036

Financials

$12.3M$11.2M2023$11.1M$12.4M2024$6M$8.6M2025
Revenue Expenses · by fiscal year end
Financials of FOREST TRENDS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$6,019,529$8,585,215-$2,565,686$6,937,507$3,499,597$3,437,910
December 31, 2024990$11,091,645$12,387,669-$1,296,024$10,050,696$4,047,161$6,003,535
December 31, 2023990$12,349,215$11,201,933$1,147,282$11,367,968$4,067,912$7,300,056
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,968,734
of which government grants
$2,836,098
Program service revenue
$0
Investment income
$44,424
Net gain from sales of assets
-$170
Other revenue
$6,371

Expenses

Grants and similar amounts paid
$676,687
Compensation of officers, directors and key employees
$1,693,046
Other salaries and wages
$1,584,542
Salaries, compensation and benefits (total)
$3,994,849
Professional fundraising fees
$0
Legal fees
$41,857
Accounting fees
$138,957
Occupancy
$312,321
Travel
$280,688
Depreciation
$9,646
Program services (functional)
$6,989,775
Management and general (functional)
$1,522,806
Fundraising (functional)
$72,634

Balance sheet and other

Total assets, start of year
$10,050,696
Total assets, end of year
$6,937,507
Total liabilities, end of year
$3,499,597
Net assets, end of year
$3,437,910
Net assets without donor restrictions
$1,530,486
Net assets with donor restrictions
$1,907,424
Gross receipts
$6,043,460
Employees
20
Volunteers
16
Year formed
1998
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL JENKINSPRESIDENT & CEO
Officer
40$286,520$41,344
OLY BRACHOCFO
Officer
40$262,816$37,924
PHUC XUANDIRECTOR, PROGRAM MEKONG
Highest-paid employee
40$250,839$0
JOSE BORGESDIRECTOR, COMMUNITIES
Key employee
40$189,327$27,320
KERSTIN CANBYDIRECTOR, FPTF
Key employee
40$180,983$26,116
GENA GAMMIEDIRECTOR, WATER INITIATIVE
Key employee
40$178,420$25,746
JASMINE GARCIADIRECTOR, HR AND OPERATIONS
Highest-paid employee
40$173,179$24,990
GENEVIEVE BENNETTDIRECTOR, COMMUNICATIONS
Key employee
40$172,636$24,912
LILIT BODAKOWSKICONTROLLER
Key employee
40$159,435$11,485
DEVIKA JAIPURIARMANAGER, GRANTS
Highest-paid employee
40$103,218$14,894
LINDA COADY TREASURER THENCONSULTANT (TRANSITION 8/2025)
Officer
0.5$68,062$0
HARRIS SHERMAN CO-CHAIR THENCHAIR (TRANSITION 8/2025)
Trustee or director, Officer
0.5$0$0
BETTINA VON HAGEN CO-CHAIRTHEN TREASURER (TRANSITION 8/2025)
Trustee or director, Officer
0.5$0$0
SALLY COLLINSSECRETARY
Trustee or director, Officer
0.5$0$0
JOSEPH AZRACKDIRECTOR
Trustee or director
0.5$0$0
9 more people on this return
NameTitleHours / weekCompensation
WHITNEY DEBEVOISEDIRECTOR
Trustee or director
0.5$0
BOB FANCHDIRECTOR
Trustee or director
0.5$0
LYNDON HAVILANDDIRECTOR
Trustee or director
0.5$0
YUEJIA PENGDIRECTOR
Trustee or director
0.5$0
CAROLE SEGALDIRECTOR
Trustee or director
0.5$0
MIGUEL SEREDIUK MILANODIRECTOR
Trustee or director
0.5$0
MANUEL PULGAR-VIDALDIRECTOR
Trustee or director
0.5$0
JAMES SCHULTZDIRECTOR
Trustee or director
0.5$0
SERGEY TSYPLENKOVDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL JENKINSPRESIDENT & CEO
Officer
35$373,056$51,975
OLY BRACHOCFO
Officer
38.8$271,698$38,551
KERSTIN CANBYDIRECTOR, FPTF
Key employee
40$198,791$28,541
PHUC XHUANDIRECTOR, PROGRAM MEKONG
Highest-paid employee
40$221,523$0
JOSE BORGESDIRECTOR, COMMUNITIES
Key employee
40$190,240$27,314
GENA GAMMIEDIRECTOR, WATER INITIATIVE
Key employee
39.6$184,075$26,112
GENEVIEVE BENNETTDIRECTOR, COMMUNICATIONS
Key employee
37.6$183,656$26,060
LILIT BODAKOWSKICONTROLLER
Key employee
40$160,693$11,485
CHARLOTTE BARBERDIRECTOR, EM
Highest-paid employee
40$138,711$20,016
ALEXANDER PROCTONPROGRAM, FPTF
Highest-paid employee
40$128,070$18,258
DEVIKA JAIPURIARMANAGER, GRANTS
Highest-paid employee
38$105,039$14,978
ANNA SIVOHINSPROGRAM, FPTF
Highest-paid employee
40$103,135$14,585
SALLY COLLINS SEE SCH OSECRETARY
Trustee or director, Officer
0.5$7,200$0
HARRIS SHERMANCO-CHAIR
Trustee or director, Officer
0.5$0$0
BETTINA VON HAGENCO-CHAIR
Trustee or director, Officer
0.5$0$0
LINDA COADYTREASURER
Trustee or director, Officer
0.5$0$0
DAVID BRANDDIRECTOR
Trustee or director
0.5$0$0
LYNDON HAVILANDDIRECTOR
Trustee or director
0.5$0$0
MIGUEL SEREDIUK MILANODIRECTOR
Trustee or director
0.5$0$0
MANUEL PULGAR-VIDALDIRECTOR
Trustee or director
0.5$0$0
SERGEY TSYPLENKOVDIRECTOR
Trustee or director
0.5$0$0
JOSEPH AZRACKDIRECTOR
Trustee or director
0.5$0$0
WHITNEY DEBEVOISEDIRECTOR
Trustee or director
0.5$0$0
YUEJIA PENGDIRECTOR
Trustee or director
0.5$0$0
BOB FANCHDIRECTOR
Trustee or director
0.5$0$0
JAMES SCHULTZDIRECTOR
Trustee or director
0.5$0$0
CAROLE SEGALDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL JENKINSPRESIDENT & CEO
Officer
40$356,026$49,629
OLY BRACHOCFO
Officer
40$235,960$32,802
STEPHEN DONOFRIODIRECTOR, EM
Key employee
40$197,350$20,956
KERSTIN CANBYDIRECTOR, FPTF
Key employee
40$177,666$25,638
JOSE BORGESDIRECTOR, COMMUNITIES
Key employee
40$166,977$23,700
GENEVIEVE BENNETTDIRECTOR, COMMUNICATIONS
Key employee
40$158,829$22,919
GENA GAMMIEDIRECTOR, WATER INITATIVE
Key employee
40$154,055$22,230
HARRIS SHERMAN SEE SCH OCO-CHAIR
Trustee or director, Officer
0.5$162,600$0
PATRICK MAGUIREPROGRAMS MANAGER
Highest-paid employee
40$128,352$18,522
SALLY COLLINS SEE SCH OSECRETARY
Trustee or director, Officer
0.5$127,600$0
BETTINA VON HAGENCO-CHAIR
Trustee or director, Officer
0.5$0$0
LINDA COADYTREASURER
Trustee or director, Officer
0.5$0$0
DAVID BRANDDIRECTOR
Trustee or director
0.5$0$0
RICHARD BURRETTDIRECTOR
Trustee or director
0.5$0$0
LYNDON HAVILANDDIRECTOR
Trustee or director
0.5$0$0
OLOF JOHANSSONDIRECTOR
Trustee or director
0.5$0$0
MIGUEL SEREDIUK MILANODIRECTOR
Trustee or director
0.5$0$0
MANUEL PULGAR-VIDALDIRECTOR
Trustee or director
0.5$0$0
SERGEY TSYPLENKOVDIRECTOR
Trustee or director
0.5$0$0
JOHN EARHARTDIRECTOR
Trustee or director
0.5$0$0
JOSEPH AZRACKDIRECTOR
Trustee or director
0.5$0$0
WHITNEY DEBEVOISEDIRECTOR
Trustee or director
0.5$0$0
YUEJIA PENGDIRECTOR
Trustee or director
0.5$0$0
BOB FANCHDIRECTOR
Trustee or director
0.5$0$0
CAROLE SEGALDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1203 19TH ST NW STE 400, WASHINGTON, DC 20036-2475
In care of
% MICHAEL JENKINS
Principal officer (990 for 2025)
MICHAEL JENKINS, 1203 19TH STREET NW 4TH FL, WASHINGTON, DC 20036
Signed the 990
MICHAEL JENKINS, PRESIDENT & CEO
Phone
(202) 298-3000
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

FOREST TRENDS WORKS TO DRIVE INNOVATION IN ENVIRONMENTAL FINANCE TO SUPPORT RESILIENT ECOSYSTEMS AND COMMUNITIES. THROUGH ITS CORE INITIATIVES-INCLUDING FOREST POLICY, TRADE & FINANCE, WATER, AND COMMUNITIES-FOREST TRENDS DEVELOPS DATA, (CONTINUED ON SCHEDULE O)TOOLS, AND PARTNERSHIPS THAT PROMOTE SUSTAINABLE RESOURCE MANAGEMENT, STRENGTHEN LOCAL AND INDIGENOUS LAND RIGHTS, AND SUPPORT MARKET-BASED SOLUTIONS TO ENVIRONMENTAL CHALLENGES. THESE PROGRAMS COLLECTIVELY ADVANCE POLICY DEVELOPMENT, IMPROVE TRANSPARENCY IN SUPPLY CHAINS, AND EXPAND FINANCING MECHANISMS FOR CONSERVATION AND SUSTAINABLE LIVELIHOODS.

990 for the year ended December 31, 2025

Program accomplishments

  • FOREST POLICY, TRADE & FINANCE INITIATIVE: THE FOREST POLICY, TRADE AND FINANCE INITIATIVE WAS CREATED IN THE EARLY 2000S WHEN THE ORGANIZATION REALIZED THAT EMERGING MARKETS FOR ECOSYSTEM SERVICES AND PRODUCTS WERE CONTINUING TO BE UNDERMINED BY CHEAP AND ILLEGAL FOREST PRODUCTS. SINCE THEN, THE FPTF PROGRAM HAS BEEN WORKING TO "SQUEEZE OUT" THE PROFITABILITY AND MARKET ACCESS OF ILLEGALLY SOURCED TIMBER AND AGRICULTURAL PRODUCTS. THE ULTIMATE AIM OF THE FPTF PROGRAM IS TO SUPPORT MARKET TRANSFORMATION AWAY FROM PRODUCTS SOURCED ILLEGALLY FROM FOREST AREAS, DEVELOPING EXCELLENT DATA AND POLICY ANALYSIS IN CONJUNCTION WITH STAKEHOLDERS, AND MENTORING AND CONVENING 'COMMUNITIES OF PRACTICE' AT THE INTERSECTION OF GOOD FOREST GOVERNANCE, LAW ENFORCEMENT, TRADE CONTROLS, SECURE RESOURCE RIGHTS, AND SUSTAINABLE RESOURCE DEVELOPMENT. THE INITIATIVE'S THEORY OF CHANGE HINGES UPON A COMBINATION OF SUPPLY AND DEMAND SIDE INTERVENTIONS AT THIS INTERSECTION OF POLICY, GOVERNANCE, TRANSPARENCY, AND SUSTAINABLE RESOURCE PRODUCTION.MEKONG: PREVENTING DEFORESTATIONS BEFORE IT HAPPENS THROUGH STOPPING ILLEGAL DEFORESTATION, FIGHTING CLIMATE CHANGE, CREATING NEW STRATEGIES IN TRACING ILLEGAL TIMBER AND WORKING BOTH WITH CONSUMERS AND PRODUCERS.
    Expenses $2,283,806
  • WATER INITIATIVE: RECOGNIZING THE MULTIPLE VALUES, INCLUDING SUPPLIES OF CLEAN WATER, WHICH FORESTS PROVIDE TO PEOPLE, FOREST TRENDS HAS WORKED FROM INCEPTION TO PROMOTE THE USE OF INCENTIVES AND MARKET-BASED INSTRUMENTS TO PROTECT AND SUSTAINABLY MANAGE WATERSHED SERVICES. FOREST TRENDS HELPED ESTABLISH THE CHESAPEAKE BAY FUND, AN INNOVATIVE PARTNERSHIP BETWEEN FOREST TRENDS, THE WORLD RESOURCES INSTITUTE, AND THE CHESAPEAKE BAY FOUNDATION, TO RESTORE AND PROTECT THE BAY'S WATER QUALITY. IN 2010, WE LAUNCHED THE FIRST STATE OF WATERSHED PAYMENTS REPORT, THE FIRST GLOBAL SURVEY OF INCENTIVE AND MARKET-BASED INSTRUMENTS FOR PROTECTING HYDROLOGICAL SERVICES.GLOBAL WATER IN 2018, USAID AND THE GOVERNMENT OF CANADA MADE A MAJOR $28 MILLION COMMITMENT (IN 2013 THIS COMMITMENT WAS INCREASED TO $52,181,653 TO THE NATURAL INFRASTRUCTURE FOR WATER SECURITY PROJECT IN PERU, LED BY FOREST TRENDS AND PARTNERS. FOREST TRENDS ALSO CREATED THE FIRST-EVER COMPREHENSIVE ONLINE COURSE ON NATURAL INFRASTRUCTURE FOR THE WATER SECTOR IN COLLABORATION WITH THE ASSOCIATION OF LATIN AMERICAN WATER UTILITY REGULATORS (ADERASA) AND FINANCING EXPERTS AT ECODECISIN. TO DATE, FOREST TRENDS HAS TRAINED 126 ENGINEERS AND WATER SERVICE PROVIDERS (70 MEN AND 56 WOMEN) IN 13 COUNTRIES IN DESIGNING AND EVALUATING NATURE-BASED INTERVENTIONS. THE COURSE IS IN ITS THIRD - PERENNIALLY OVERSUBSCRIBED - ITERATION. FTA RECEIVED A TERMINATION LETTER OF THESE PROGRAMS AS OF JANUARY 2025.
    Expenses $1,781,439 · grants $145,404
  • COMMUNITIES INITIATIVE: THE COMMUNITIES INITIATIVE IS ONE OF THE FIRST INITIATIVES OF FOREST TRENDS. THE INITIAL FOCUS WAS ON RESEARCH AND PUBLICATIONS TO PROMOTE COMMUNITIES' FOREST/LAND TENURE. IN 2006 WE TRANSITIONED TO OUR CURRENT APPROACH OF WORKING DIRECTLY WITH LOCAL COMMUNITIES TO STRENGTHEN THEIR CAPACITY TO SECURE AND MANAGE THEIR TRADITIONAL FOREST HOMELANDS.WE SUPPORT INDIGENOUS AND OTHER TRADITIONAL COMMUNITIES TO SECURE THEIR RIGHTS, MANAGE AND CONSERVE THEIR FORESTS AND IMPROVE THEIR LIVELIHOODS. FOCUSING ON RIGHTS, FORESTS, AND LIVELIHOODS, WE LINK LOCAL COMMUNITIES IN KEY GEOGRAPHIES TO OPPORTUNITIES AROUND EVOLVING POLICY, FINANCE, AND TECHNICAL ASSISTANCE. BY STRENGTHENING LOCAL COMMUNITIES' CAPACITY TO SECURE AND MANAGE THEIR FORESTS, THE COMMUNITIES INITIATIVE IS ALSO CONTRIBUTING TO CLIMATE CHANGE MITIGATION, CULTURAL SURVIVAL, AND TO THE CONSERVATION OF BIODIVERSITY AND OTHER ECOSYSTEM SERVICES.
    Expenses $1,356,235 · grants $233,987
  • CATALYTIC CAMPAIGN: THE FOREST SERVICE ACCOMPLISHES WORK UNDER THE CHALLENGE COST-SHARE AUTHORITY (DEPARTMENT OF THE INTERIOR AND RELATED AGENCIES APPROPRIATIONS ACT OF 1992, PUBLIC LAW 102-154) FOR THE PURPOSE OF COOPERATIVELY DEVELOPING, PLANNING, AND IMPLEMENTING PROJECTS WITH OUR PARTNERS THAT ARE OF MUTUAL INTEREST AND BENEFIT AND ENHANCE FOREST SERVICE ACTIVITIES. AS STATED IN THE ORIGINAL AGREEMENT (22-CS-11132420), THE FOREST SERVICE SEEKS TO MODIFY ITS AGREEMENT WITH FOREST TRENDS TO EXPAND STRATEGIC COMMUNICATIONS RELATED TO THE WILDFIRE CRISIS STRATEGY, MUTUALLY SUPPORTING PARTNERS' EFFORTS TO BUILD ENABLING CONDITIONS THAT ACCELERATE THE IMPLEMENTATION OF PRIORITY ON-THE GROUNDWORK IN WCS LANDSCAPES.
    Expenses $729,522
  • ECOSYSTEM MARKETPLACE: LAUNCHED AS A WEB-BASED INFORMATION PLATFORM IN 2004, ECOSYSTEM MARKETPLACE PUBLISHES NEWSLETTERS, BREAKING NEWS, ORIGINAL FEATURE ARTICLES AND MAJOR REPORTS ABOUT MARKET-BASED APPROACHES TO CONSERVING ECOSYSTEM SERVICES. BEGINNING IN 2007, STAFF BEGAN COLLECTING SURVEY DATA TO INFORM THE FIRST-EVER "STATE OF THE VOLUNTARY CARBON MARKETS" REPORT; SINCE THEN, COVERAGE HAS EXPANDED TO INCLUDE FOREST CARBON, WATERSHED INVESTMENTS AND BIODIVERSITY IN OUR SIGNATURE "STATE OF" MARKET ANALYSIS REPORT FORMAT. LATELY, EM HAS EXPLORED NEW TOPICS OF INTEREST TO OUR TRADITIONAL MARKETS (E.G., THE BUYERS' REPORT), EXPANDED OUR COVERAGE TO NEW FOCAL TOPICS (E.G., SUPPLY CHANGE, AND THE CONSERVATION INVESTMENT SURVEY), AND INCREASED OUR EXTERNAL ADVISING AND CONSULTING OPPORTUNITIES (E.G., GLOBAL ALLIANCE FOR CLEAN COOKSTOVES, FOREST STEWARDSHIP COUNCIL).EM BELIEVES THAT TRANSPARENCY IS A HALLMARK OF ROBUST MARKETS AND THAT BY PROVIDING FREELY-ACCESSIBLE INFORMATION, WE CAN FACILITATE TRANSACTIONS (THEREBY LOWERING TRANSACTION COSTS) AND ALSO CATALYZE NEW THINKING AND SPUR THE DEVELOPMENT OF NEW MARKETS AND THE INFRASTRUCTURE THAT SUPPORTS THEM. WITH EM'S HIGH QUALITY MARKET INTELLIGENCE, PROJECT DEVELOPERS CAN BETTER MANAGE AND SELL ECOSYSTEM SERVICES; BUYERS CAN BETTER UNDERSTAND THE MARKETS AND THEIR LEGITIMACY; POLICY MAKERS CAN LEARN FROM PAST POLICIES TO CREATE MORE ENABLING ENVIRONMENTS FOR MARKETS; AND ACADEMICS CAN BETTER UNDERSTAND THE REAL-WORLD CHALLENGES AND TRENDS OF PAYMENTS FOR ECOSYSTEM SERVICES.
    Expenses $541,477
  • KATOOMBA: THE KATOOMBA GROUP, HOSTED BY FOREST TRENDS, IS A GLOBAL NETWORK OF PEOPLE WORKING TO MOBILIZE PUBLIC FUNDING AND PRIVATE CAPITAL TO CONSERVE AND RESTORE NATURE IN WAYS THAT ALSO EMPOWER INDIGENOUS AND LOCAL COMMUNITIES.
    Expenses $297,296 · grants $297,296

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2135531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C36)
Assets (IRS master file)
$6,937,507
Income (IRS master file)
$6,043,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$6,019,529$8,585,215$6,937,507XML
990December 2024$11,091,645$12,387,669$10,050,696IRS
990December 2023$12,349,215$11,201,933$11,367,968XML
990December 2022$9,892,778$12,149,382$10,282,490IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2135531).

Questions about FOREST TRENDS ASSOCIATION

What is the EIN of FOREST TRENDS ASSOCIATION?
The employer identification number (EIN) of FOREST TRENDS ASSOCIATION is 52-2135531.
Is FOREST TRENDS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FOREST TRENDS ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOREST TRENDS ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOREST TRENDS ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOREST TRENDS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FOREST TRENDS ASSOCIATION?
The 990 for the year ended December 31, 2025 names MICHAEL JENKINS.
Who are the officers and directors of FOREST TRENDS ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 24 people; 11 received compensation from the organization, the highest $286,520 (MICHAEL JENKINS, PRESIDENT & CEO).
How much revenue does FOREST TRENDS ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $6,019,529, expenses of $8,585,215 and total assets of $6,937,507 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · District of Columbia · Environment