Quick charity verification for Presumpscot Regional Land Trust Inc (EIN: 10426268)
Verdict: Presumpscot Regional Land Trust Inc appears trustworthy
92/100Mission Score
$516KRevenue
$3.3MAssets
1Red Flags
5Strengths
Red Flags
Lack of reported officer compensation, which is unusual for an organization of this size and growth, potentially obscuring full compensation details.
Strengths
Exceptional revenue growth, increasing from $76,832 in 2015 to $1,739,265 in 2024, indicating strong donor support.
Significant asset growth, from $196,413 in 2015 to $3,292,030 in 2024, likely reflecting successful land acquisition and stewardship.
Consistently low liabilities relative to assets, indicating strong financial stability and prudent management.
Expenses consistently well below revenue, allowing for substantial reinvestment into its mission or asset building.
Strong program focus, implied by the nature of a land trust and significant asset growth in land holdings.
Spending Breakdown
How Presumpscot Regional Land Trust Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Presumpscot Regional Land Trust Inc
Is Presumpscot Regional Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Presumpscot Regional Land Trust Inc (EIN: 10426268) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Presumpscot Regional Land Trust Inc a good charity to donate to?
Presumpscot Regional Land Trust Inc has a Mission Score of 92/100. Revenue: $516K. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Presumpscot Regional Land Trust Inc?
The Employer Identification Number (EIN) for Presumpscot Regional Land Trust Inc is 10426268. 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 Presumpscot Regional Land Trust Inc spend its money?
Presumpscot Regional Land Trust Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Presumpscot Regional Land Trust Inc's tax-exempt status?
You can verify Presumpscot Regional Land Trust Inc's tax-exempt status using EIN 10426268 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
Presumpscot Regional Land Trust Inc demonstrates strong financial health and a clear commitment to its mission, as evidenced by its recent IRS 990 filings. The organization has shown remarkable growth in revenue and assets over the past few years, with revenue increasing from $76,832 in 2015 to $1,739,265 in 2024, and assets growing from $196,413 to $3,292,030 in the same period. This growth suggests increasing public support and effective asset management. The consistently low liabilities relative to assets also indicate a stable financial position.
The organization's spending efficiency appears robust, with expenses in the latest period ($422,662) being significantly lower than its revenue ($1,739,265), allowing for substantial reinvestment or asset growth. A key indicator of transparency and mission focus is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and growth. Further detail on how operational costs are managed would enhance transparency, but the overall picture is positive.
Given the nature of a land trust, significant portions of expenses are likely directed towards land acquisition, stewardship, and program delivery. The substantial increase in assets, particularly in land-holding organizations, often reflects direct program impact. The absence of reported officer compensation is a notable aspect of its financial structure, contributing to a perception of high efficiency in resource allocation.