Adirondack Land Trust Inc
Adirondack Land Trust: Strong Financial Growth, High Program Spending
EIN: 222559576 · Keene, NY · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $1.8M |
| Program Spending | 89% |
| Net Assets | $23.7M |
| Transparency Score | 85/100 |
Is Adirondack Land Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adirondack Land Trust Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adirondack Land Trust Inc
Adirondack Land Trust Inc (EIN: 222559576) is a nonprofit organization based in Keene, NY, classified under NTEE code C340. The organization reported total revenue of $8.1M and total assets of $30.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adirondack Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adirondack Land Trust Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.0M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$6.2M |
| Total Assets | $24.3M |
| Total Liabilities | $609K |
| Net Assets | $23.7M |
| Operating Margin | 77.6% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 161.9 months |
Financial Health Grade: A
In 2023, Adirondack Land Trust Inc reported a surplus of $6.2M with revenue exceeding expenses, holds 161.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adirondack Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.5% | +12.8% | +61.5% |
| 2022 | +71.7% | +19.7% | -10.5% |
| 2021 | +38.1% | +2.8% | +29.5% |
| 2020 | -24.3% | +15.8% | +7.2% |
| 2019 | +48.3% | +21.2% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adirondack Land Trust Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 6%
- programs: 89%
- fundraising: 5%
According to IRS 990 filings, Adirondack Land Trust Inc allocates its expenses as follows: admin: 6%, programs: 89%, fundraising: 5%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which is unusual for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Adirondack Land Trust Inc's IRS 990 filings:
- Lack of explicit executive compensation details in the provided data, despite significant revenue and assets.
Strengths
The following positive indicators were identified for Adirondack Land Trust Inc:
- Strong revenue growth from $879,934 in 2017 to $8,029,308 in 2023.
- Significant asset growth from $9,403,991 in 2017 to $24,273,616 in 2023.
- High percentage of spending allocated to programs (89% based on 2023 data: $8,029,308 revenue, $1,799,204 expenses, $608,615 liabilities).
Frequently Asked Questions about Adirondack Land Trust Inc
Is Adirondack Land Trust Inc a legitimate charity?
Adirondack Land Trust Inc (EIN: 222559576) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.1M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Adirondack Land Trust Inc spend its money?
Adirondack Land Trust Inc directs 89% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Adirondack Land Trust Inc tax-deductible?
Adirondack Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 222559576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Adirondack Land Trust Inc's spending goes to programs?
Adirondack Land Trust Inc directs 89% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adirondack Land Trust Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Adirondack Land Trust Inc is above average for NTEE category C340 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adirondack Land Trust Inc located?
Adirondack Land Trust Inc is headquartered in Keene, New York and files with the IRS under EIN 222559576. It is classified under NTEE code C340.
How many years of IRS 990 filings does Adirondack Land Trust Inc have?
Adirondack Land Trust Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.1M in total revenue.
What does Adirondack Land Trust Inc do?
Adirondack Land Trust Inc is a nonprofit organization in the Environment sector, located in Keene, New York. It is classified under NTEE code C340.
How much revenue does Adirondack Land Trust Inc have?
Adirondack Land Trust Inc reported total revenue of $8,089,741. Based on 13 IRS 990 filings on record.
What are Adirondack Land Trust Inc's total assets?
Adirondack Land Trust Inc holds total assets of $30,673,280 as reported in IRS 990 filings.
Where is Adirondack Land Trust Inc located?
Adirondack Land Trust Inc is based in Keene, New York.
What is Adirondack Land Trust Inc's EIN?
Adirondack Land Trust Inc's Employer Identification Number (EIN) is 222559576. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Adirondack Land Trust Inc?
Adirondack Land Trust Inc is classified under NTEE code C340 (Environment).
Is Adirondack Land Trust Inc a registered 501(c)(3)?
Yes, Adirondack Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222559576.
Does Adirondack Land Trust Inc file IRS Form 990?
Yes, Adirondack Land Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Adirondack Land Trust Inc's revenue in 2023?
In the 202306 filing period, Adirondack Land Trust Inc reported total revenue of $8,029,308, total expenses of $1,799,204, and net assets of $24,273,616.
Is Adirondack Land Trust Inc's revenue growing or declining?
Adirondack Land Trust Inc's revenue is growing. Revenue went from $4,399,471 (202206) to $8,029,308 (202306), a +82.5% change. Based on 13 filings on record.
What is Adirondack Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Adirondack Land Trust Inc covers tax period 202306. It shows revenue of $8,029,308, expenses of $1,799,204, total assets of $24,273,616, and liabilities of $608,615.
How much does Adirondack Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Adirondack Land Trust Inc allocates approximately 89% of expenses to program services, 6% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Adirondack Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Adirondack Land Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Adirondack Land Trust Inc?
The following concerns were identified: Lack of explicit executive compensation details in the provided data, despite significant revenue and assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Adirondack Land Trust Inc's strengths?
Positive indicators for Adirondack Land Trust Inc include: Strong revenue growth from $879,934 in 2017 to $8,029,308 in 2023.. Significant asset growth from $9,403,991 in 2017 to $24,273,616 in 2023.. High percentage of spending allocated to programs (89% based on 2023 data: $8,029,308 revenue, $1,799,204 expenses, $608,615 liabilities).. These findings are derived from AI analysis of the organization's financial filings.
How does Adirondack Land Trust Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which is unusual for an organization of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation in all years, how does the organization manage its leadership and operational costs without reported executive compensation?
The 'c0%' likely indicates that executive compensation is either not reported in this specific data field, is covered by other means (e.g., through a related entity), or that key personnel are volunteers. Further investigation into their full 990 filings would be necessary to clarify this.
Filing History
IRS 990 filing history for Adirondack Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adirondack Land Trust Inc's revenue has grown by 1339.6%, moving from $558K to $8.0M. Total assets increased by 59.2% over the same period, from $15.3M to $24.3M. Total functional expenses rose by 818.9%, from $196K to $1.8M. In its most recent filing year (2023), Adirondack Land Trust Inc reported a surplus of $6.2M, with revenue exceeding expenses. The organization holds $609K in liabilities against $24.3M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $23.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $1.8M | $24.3M | $609K | — | View 990 |
| 2022 | $4.4M | $1.6M | $15.0M | $178K | — | View 990 |
| 2021 | $2.6M | $1.3M | $16.8M | $302K | — | View 990 |
| 2020 | $1.9M | $1.3M | $13.0M | $366K | — | View 990 |
| 2019 | $2.5M | $1.1M | $12.1M | $53K | — | View 990 |
| 2018 | $1.7M | $923K | $10.4M | $79K | — | View 990 |
| 2017 | $880K | $480K | $9.4M | $150K | — | View 990 |
| 2016 | $547K | $228K | $18.7M | $12K | — | View 990 |
| 2015 | $2.4M | $260K | $18.3M | $13K | — | View 990 |
| 2014 | $929K | $244K | $16.2M | $20K | — | View 990 |
| 2013 | $364K | $222K | $15.4M | $33K | — | View 990 |
| 2012 | $238K | $210K | $15.2M | $35K | — | View 990 |
| 2011 | $558K | $196K | $15.3M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $1.8M, and assets of $24.3M (revenue +82.5% year-over-year).
- 2022: Revenue of $4.4M, expenses of $1.6M, and assets of $15.0M (revenue +71.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.3M, and assets of $16.8M (revenue +38.1% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.3M, and assets of $13.0M (revenue -24.3% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.1M, and assets of $12.1M (revenue +48.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $923K, and assets of $10.4M (revenue +87.8% year-over-year).
- 2017: Revenue of $880K, expenses of $480K, and assets of $9.4M (revenue +61.0% year-over-year).
- 2016: Revenue of $547K, expenses of $228K, and assets of $18.7M (revenue -76.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $260K, and assets of $18.3M (revenue +153.9% year-over-year).
- 2014: Revenue of $929K, expenses of $244K, and assets of $16.2M (revenue +154.9% year-over-year).
- 2013: Revenue of $364K, expenses of $222K, and assets of $15.4M (revenue +53.3% year-over-year).
- 2012: Revenue of $238K, expenses of $210K, and assets of $15.2M (revenue -57.4% year-over-year).
- 2011: Revenue of $558K, expenses of $196K, and assets of $15.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adirondack Land Trust Inc:
Data Sources and Methodology
This transparency report for Adirondack Land Trust Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.