CharityWatch REPORT
Issued August 2015

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

CharityWatch's rating of The Nature Conservancy is based on our analysis of its Audited Consolidated Financial Statements, which include the activities of The Conservancy's national office in Arlington, VA, as well as its "chapters and affiliates, both domestic and international, including those which are separately incorporated, receive gifts, and perform conservation activities in the name of The Conservancy," as described in Note 2 of The Nature Conservancy consolidated audit of June 30, 2014.
According to The Nature Conservancy consolidated audit of June 30, 2014 (Note 4), the Conservancy received contributed professional services from third parties and contributed goods valued at a total of $22,905,000 during 2014. According to The Nature Conservancy tax filing for fiscal 2014, approximately $19,085,000 of this total consisted of contributed services and approximately $3,820,000 consisted of contributed goods (IRS Form 990 Schedules D & M).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
According to The Nature Conservancy consolidated audit of June 30, 2014 (Note 5):

"The Conservancy has entered into contracts for the purchase of land and other purchase commitments that have not closed as of June 30, 2014, in the amount of $39,184,000."

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