Blue Hill Heritage Trust Inc
Blue Hill Heritage Trust: Strong Financials, Land Conservation Focus
EIN: 222655830 · Blue Hill, ME · NTEE: C340 · Updated: 2026-04-04
About Blue Hill Heritage Trust Inc
Blue Hill Heritage Trust Inc (EIN: 222655830) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code C340. The organization reported total revenue of $5.6M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Hill Heritage Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Hill Heritage 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Blue Hill Heritage Trust Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in available filings.
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.
Strengths
The following positive indicators were identified for Blue Hill Heritage Trust Inc:
- Consistent revenue growth, with a significant jump to $2,650,069 in 2023.
- Strong asset base, growing from $9,017,272 in 2016 to $17,598,403 in 2023, indicating robust financial health.
- Low liabilities relative to assets, demonstrating financial stability.
- Clear focus on land conservation as evidenced by program activities and mission statement.
- Positive trend in net assets over the past several years.
Frequently Asked Questions about Blue Hill Heritage Trust Inc
What does Blue Hill Heritage Trust Inc do?
Blue Hill Heritage Trust Inc is a nonprofit organization in the Environment sector, located in Blue Hill, Maine. It is classified under NTEE code C340.
How much revenue does Blue Hill Heritage Trust Inc have?
Blue Hill Heritage Trust Inc reported total revenue of $5,641,516. Based on 13 IRS 990 filings on record.
What are Blue Hill Heritage Trust Inc's total assets?
Blue Hill Heritage Trust Inc holds total assets of $18,118,623 as reported in IRS 990 filings.
Where is Blue Hill Heritage Trust Inc located?
Blue Hill Heritage Trust Inc is based in Blue Hill, Maine.
What is Blue Hill Heritage Trust Inc's EIN?
Blue Hill Heritage Trust Inc's Employer Identification Number (EIN) is 222655830. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Blue Hill Heritage Trust Inc?
Blue Hill Heritage Trust Inc is classified under NTEE code C340 (Environment).
Is Blue Hill Heritage Trust Inc a registered 501(c)(3)?
Yes, Blue Hill Heritage Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222655830.
Does Blue Hill Heritage Trust Inc file IRS Form 990?
Yes, Blue Hill Heritage Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Blue Hill Heritage Trust Inc's revenue in 2023?
In the 202312 filing period, Blue Hill Heritage Trust Inc reported total revenue of $2,650,069, total expenses of $1,184,471, and net assets of $17,598,403.
Is Blue Hill Heritage Trust Inc's revenue growing or declining?
Blue Hill Heritage Trust Inc's revenue is growing. Revenue went from $1,091,423 (202212) to $2,650,069 (202312), a +142.8% change. Based on 13 filings on record.
What is Blue Hill Heritage Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Blue Hill Heritage Trust Inc covers tax period 202312. It shows revenue of $2,650,069, expenses of $1,184,471, total assets of $17,598,403, and liabilities of $60,254.
How much does Blue Hill Heritage Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Blue Hill Heritage Trust Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Blue Hill Heritage Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Blue Hill Heritage Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Blue Hill Heritage Trust Inc's strengths?
Positive indicators for Blue Hill Heritage Trust Inc include: Consistent revenue growth, with a significant jump to $2,650,069 in 2023.. Strong asset base, growing from $9,017,272 in 2016 to $17,598,403 in 2023, indicating robust financial health.. Low liabilities relative to assets, demonstrating financial stability.. Clear focus on land conservation as evidenced by program activities and mission statement.. Positive trend in net assets over the past several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Blue Hill Heritage Trust Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the significant increase in revenue in 2023 ($2,650,069) compare to previous years, and what might be the primary drivers?
The 2023 revenue of $2,650,069 is substantially higher than previous years, which typically ranged from $924,066 to $2,452,181. This surge could be attributed to a major capital campaign, a large one-time donation, or a particularly successful fundraising year, indicating strong donor support or a significant grant.
Given the consistent growth in assets, what is the organization's strategy for utilizing these assets to further its mission?
The consistent growth in assets, reaching $17,598,403 in 2023, suggests a strategy focused on long-term sustainability and potentially acquiring more land or establishing endowments. This indicates a commitment to expanding their conservation efforts and ensuring future operational capacity.
Filing History
IRS 990 filing history for Blue Hill Heritage Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Hill Heritage Trust Inc's revenue has grown by 407.5%, moving from $522K to $2.7M. Total assets increased by 234% over the same period, from $5.3M to $17.6M. Total functional expenses rose by 307.2%, from $291K to $1.2M. In its most recent filing year (2023), Blue Hill Heritage Trust Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $60K in liabilities against $17.6M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $17.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $1.2M | $17.6M | $60K | — | View 990 |
| 2022 | $1.1M | $1.1M | $15.8M | $215K | — | View 990 |
| 2021 | $1.8M | $764K | $16.5M | $186K | — | View 990 |
| 2020 | $2.4M | $635K | $14.9M | $185K | — | View 990 |
| 2019 | $924K | $706K | $13.0M | $201K | — | View 990 |
| 2018 | $2.5M | $605K | $12.4M | $233K | — | View 990 |
| 2017 | $2.0M | $505K | $10.8M | $266K | — | View 990 |
| 2016 | $1.7M | $358K | $9.0M | $269K | — | View 990 |
| 2015 | $544K | $293K | $8.7M | $93K | — | View 990 |
| 2014 | $1.3M | $280K | $8.5M | $71K | — | View 990 |
| 2013 | $1.6M | $386K | $6.9M | $73K | — | View 990 |
| 2012 | $564K | $252K | $5.6M | $74K | — | View 990 |
| 2011 | $522K | $291K | $5.3M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $1.2M, and assets of $17.6M (revenue +142.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $15.8M (revenue -40.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $764K, and assets of $16.5M (revenue -23.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $635K, and assets of $14.9M (revenue +160.3% year-over-year).
- 2019: Revenue of $924K, expenses of $706K, and assets of $13.0M (revenue -62.3% year-over-year).
- 2018: Revenue of $2.5M, expenses of $605K, and assets of $12.4M (revenue +21.7% year-over-year).
- 2017: Revenue of $2.0M, expenses of $505K, and assets of $10.8M (revenue +21.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $358K, and assets of $9.0M (revenue +203.9% year-over-year).
- 2015: Revenue of $544K, expenses of $293K, and assets of $8.7M (revenue -56.6% year-over-year).
- 2014: Revenue of $1.3M, expenses of $280K, and assets of $8.5M (revenue -22.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $386K, and assets of $6.9M (revenue +187.0% year-over-year).
- 2012: Revenue of $564K, expenses of $252K, and assets of $5.6M (revenue +8.0% year-over-year).
- 2011: Revenue of $522K, expenses of $291K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Blue Hill Heritage 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.