Quick charity verification for Loon Echo Land Trust Inc (EIN: 222966924)
Verdict: Loon Echo Land Trust Inc appears trustworthy
90/100Mission Score
$3.3MRevenue
$12.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently growing assets, from $7.1M in 2016 to $10.6M in 2023, indicating strong financial health and donor confidence.
Low liabilities across all reported years, with $0 in 2022 and 2021, suggesting sound financial management.
Significant increase in revenue from $774,982 in 2021 to $1,922,704 in 2023, demonstrating enhanced fundraising capabilities.
A clear mission focused on land conservation in the northern Sebago Lake region, contributing to local environmental protection.
Efficient spending with a high percentage of expenses directed towards program services.
AI Transparency Report
Loon Echo Land Trust Inc is a environment nonprofit based in Bridgton, Maine, with reported revenue of $3.3M and assets of $12.3M. Our AI analysis assigns a Mission Score of 90/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation appears reasonable given the organization's size and impact, with no individual reporting over $100,000 in compensation in recent filings. Revenue has grown +100% across 14 filing periods.