Quick charity verification for Catoctin Land Trust Inc (EIN: 10578410)
Verdict: Catoctin Land Trust Inc appears trustworthy
95/100Mission Score
$415KRevenue
$587KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
Significant revenue growth from $2,751 in 2019 to $175,142 in 2023, demonstrating increasing support.
Consistent asset growth, from $132,490 in 2019 to $230,269 in 2023, strengthening its financial position.
Zero liabilities reported in the latest filing (202306), indicating sound financial management.
High program spending efficiency due to the absence of executive compensation and low administrative overhead.
Spending Breakdown
How Catoctin Land Trust Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Catoctin Land Trust Inc
Is Catoctin Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catoctin Land Trust Inc (EIN: 10578410) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Catoctin Land Trust Inc a good charity to donate to?
Catoctin Land Trust Inc has a Mission Score of 95/100. Revenue: $415K. Assets: $587K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catoctin Land Trust Inc?
The Employer Identification Number (EIN) for Catoctin Land Trust Inc is 10578410. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Catoctin Land Trust Inc spend its money?
Catoctin Land Trust Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catoctin Land Trust Inc's tax-exempt status?
You can verify Catoctin Land Trust Inc's tax-exempt status using EIN 10578410 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Catoctin Land Trust Inc demonstrates a strong commitment to its mission, as evidenced by its consistent program spending and lack of executive compensation. The organization's financial health has shown significant growth in recent years, with revenue increasing from $2,751 in 2019 to $175,142 in 2023. This growth has also been reflected in its assets, which grew from $132,490 in 2019 to $230,269 in 2023. The organization maintains a healthy financial position with zero liabilities reported in its latest filing (202306), indicating sound financial management. Its spending efficiency appears high, with expenses consistently lower than revenue in recent periods, allowing for asset accumulation.
The organization's transparency is commendable, particularly given the absence of officer compensation, which simplifies financial scrutiny and suggests a volunteer-driven leadership model. The NTEE code C34 (Land Trusts) aligns well with its name, indicating a clear programmatic focus. The consistent filing of IRS 990 forms over 12 periods further enhances its transparency, providing a comprehensive historical record of its financial activities.
Overall, Catoctin Land Trust Inc appears to be a financially healthy and efficiently run organization with a clear mission and strong transparency practices. The significant increase in revenue and assets in recent years suggests growing support and capacity to achieve its land conservation goals.