Is Southeast Land Trust Of New Hampshire Legit?

The Southeast Land Trust Of New Hampshire (SELT) demonstrates strong financial health and a clear commitment to its mission of land conservation. Over the past decade, the organization has consistently grown its assets, reaching $44,697,271 in the latest filing, indicating successful fundraising and strategic land acquisitions. Revenue has also shown significant growth, with the latest reported revenue at $13,482,497, supporting its expanding operations. SELT exhibits excellent spending efficiency, with program expenses consistently forming the vast majority of its total expenditures. For instance, in 2023, with total expenses of $4,947,678, the organization's focus on its core mission is evident. The absence of reported officer compensation across all available filings suggests a highly volunteer-driven leadership or that compensation is structured in a way that isn't reported under 'officer compensation' on the 990, which warrants further investigation for full transparency. However, the overall financial trajectory and asset growth are positive indicators of effective stewardship. While the lack of reported officer compensation on the 990s is notable, the organization's consistent asset growth and high program spending ratio point to a well-managed and mission-focused entity. The substantial increase in assets over time, from $7.8 million in 2014 to over $44 million currently, reflects successful capital campaigns and land preservation efforts. The organization's financial stability and growth position it well to continue its conservation work in New Hampshire.