Quick charity verification for Peconic Land Trust Incorporated (EIN: 112667021)
Verdict: Peconic Land Trust Incorporated appears trustworthy
92/100Mission Score
$47.7MRevenue
$455.0MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may indicate compensation is reported in other categories or through related entities, requiring further clarification for full transparency.
Strengths
Strong and consistently growing asset base, reaching $444.5 million in 2023, indicating long-term financial stability and capacity.
Expenses are consistently well-controlled and significantly lower than revenue in most years, demonstrating efficient financial management (e.g., $7.48 million expenses vs. $17.4 million revenue in 2023).
Significant revenue generation, with peaks like $28.4 million in 2021 and $17.4 million in 2023, supporting substantial program activities and asset growth.
Low liabilities relative to assets (e.g., $24.1 million liabilities vs. $444.5 million assets in 2023), indicating a healthy balance sheet.
The NTEE code C340 (Land Resources Conservation) aligns perfectly with the financial profile of an organization that acquires and holds significant land assets, suggesting strong program focus.
Spending Breakdown
How Peconic Land Trust Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Peconic Land Trust Incorporated
Is Peconic Land Trust Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Peconic Land Trust Incorporated (EIN: 112667021) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Peconic Land Trust Incorporated a good charity to donate to?
Peconic Land Trust Incorporated has a Mission Score of 92/100. Revenue: $47.7M. Assets: $455.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peconic Land Trust Incorporated?
The Employer Identification Number (EIN) for Peconic Land Trust Incorporated is 112667021. 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 Peconic Land Trust Incorporated spend its money?
Peconic Land Trust Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peconic Land Trust Incorporated's tax-exempt status?
You can verify Peconic Land Trust Incorporated's tax-exempt status using EIN 112667021 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
Peconic Land Trust Incorporated demonstrates strong financial health and a clear commitment to its mission of land conservation. Over the past several years, the organization has consistently maintained a robust asset base, growing from $364.7 million in 2014 to $444.5 million in 2023. This substantial asset base, significantly larger than its annual expenses, indicates long-term stability and capacity for large-scale land acquisition and stewardship. The organization's revenue has shown considerable fluctuation, with a notable peak of $28.4 million in 2021 and $17.4 million in 2023, suggesting a reliance on significant contributions or land transactions. However, expenses have remained relatively stable and well-managed, typically ranging between $4 million and $7.5 million annually, indicating efficient operational spending relative to its mission impact.
The organization's spending efficiency appears high, with expenses consistently well below revenue in most years, allowing for significant asset growth. For instance, in 2023, expenses were $7.48 million against $17.4 million in revenue, demonstrating a strong surplus. The NTEE code C340 (Land Resources Conservation) aligns well with the observed financial patterns of an organization that likely acquires and holds significant land assets. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission over executive pay, although it's important to verify if this means no compensation or if it's reported differently. Overall, Peconic Land Trust appears to be a financially sound and efficiently run organization with a strong program focus, as evidenced by its asset growth and controlled expenses.