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Save the Redwoods League

CharityWatch report issued
September 2023

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
89%
Program Percentage
Amount spent on programs
relative to overhead.
 
$10
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Save the Redwoods League
111 Sutter Street
11th Floor
San Francisco, CA 94104

Other Names

None

Tax Status

501(c)3

Stated Mission

Protects and restores redwood forests and connects people with their peace and beauty so these natural wonders flourish.

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Data based on Fiscal Year Ended 03/31/2022

Program Percentage: 89%

The percentage of Save the Redwoods League's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$66,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $10

How many dollars Save the Redwoods League spends on fundraising to raise each $100 of contributions.

$44,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Save the Redwoods League IRS Form 990 94-0843915
Save the Redwoods League Audited Financial Statements 94-0843915
Entity: Save the Redwoods League
Document Type: IRS Form 990
Tax ID: 94-0843915
Entity: Save the Redwoods League
Document Type: Audited Financial Statements
Tax ID: 94-0843915

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Save the Redwoods League
meets governance benchmarks.
 
Save the Redwoods League
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Samuel Hodder President/CEO $364,413
2 Rolando Cohen CFO/COO $279,012
3 Paul Ringgold Chief Program Officer $261,084
1
Name: Samuel Hodder
Title: President/CEO
Compensation: $364,413
2
Name: Rolando Cohen
Title: CFO/COO
Compensation: $279,012
3
Name: Paul Ringgold
Title: Chief Program Officer
Compensation: $261,084

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.

According to the Save the Redwoods League audit of March 31, 2022 (Note 6, Notes Payable and Line of Credit, Paycheck Protection Program Note Payable) [$s in thousands, as noted]:

"In January 2021, the League applied for and was awarded a second loan of $1,178 [thousand] from the Paycheck Protection Program (PPP) with a fixed interest rate of 1% per annum. The loan was eligible for forgiveness if specific requirements were met. During the fiscal year, the League successfully applied to convert the loan into a grant, and it is reflected as other changes in net assets in the [audited] Statement of Activities and Changes in Net Assets."

[In addition to the $1,178,000 in "Forgiveness of Paycheck Protection Program loan" reported for fiscal 2022, noted above, for the year ended March 31, 2021 (the prior fiscal year), there is $1,174,000 reported for "Forgiveness of Paycheck Protection Program loan," according to the Save the Redwoods League audited Statement of Activities and Changes in Net Assets.]

According to the Save the Redwoods League audit of March 31, 2022 (Note 13, Commitments and Contingencies, Real Estate Held – California Fires):

"During the year ended March 31, 2022, the State of California suffered through multiple devastating fires, which were greatly exacerbated due to climate change-related prolonged drought conditions. The fires damaged two League-owned properties in the sequoia range.

"The properties' land value is presumed to have been maintained, however the League does not have appraisals of the damage sustained to the timber values, therefore no adjustment is being made to the value of the two properties at this time."

According to the Save the Redwoods League audit of March 31, 2022 (Note 14, Pandemic):

"On March 11, 2020, the World Health Organization publicly characterized a novel strain of the coronavirus (COVID-19) as a pandemic and recommended containment and mitigation measures worldwide...

"During the year ended March 31, 2022, Covid restrictions were gradually relaxed, which permitted the League to conduct more in-person gatherings and increased travel to conduct programmatic work. The staff however continued to work remotely. Despite the constraints, the League was able to successfully adapt and continue its operations. Throughout the period, management actively monitored the impact of the pandemic on its financial condition, liquidity, operations, and workforce. With substantial government intervention through the PPP [Paycheck Protection Program] loans and the rollout of vaccines, and through the effective use of technology, the League was able to successfully pursue its mission and surpass the goals of the annual plan."


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