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Ratings & Metrics
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 |
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Entity: Save the Redwoods League Document Type: IRS Form 990 Tax ID: 94-0843915 |
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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.
Top Salaries
| 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 |
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1 Name: Samuel Hodder Title: President/CEO Compensation: $364,413 |
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2 Name: Rolando Cohen Title: CFO/COO Compensation: $279,012 |
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3 Name: Paul Ringgold Title: Chief Program Officer Compensation: $261,084 |
Analysts' Notes
CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Save the Redwoods League audit of March 31, 2022 (Note 6, Notes Payable and Line of Credit, Paycheck Protection Program Note Payable) [$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." |