Brunswick Topsham Land Trust Inc
Brunswick Topsham Land Trust: Strong Asset Growth, High Program Spending
EIN: 222714194 · Brunswick, ME · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $6.3M |
| Transparency Score | 88/100 |
Is Brunswick Topsham Land Trust Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brunswick Topsham Land Trust Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brunswick Topsham Land Trust Inc
Brunswick Topsham Land Trust Inc (EIN: 222714194) is a nonprofit organization based in Brunswick, ME, classified under NTEE code C340. The organization reported total revenue of $2.8M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Topsham Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brunswick Topsham Land Trust Inc is a mid-size nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$904K |
| Total Assets | $6.5M |
| Total Liabilities | $191K |
| Net Assets | $6.3M |
| Operating Margin | 46.7% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 75.9 months |
Financial Health Grade: A
In 2023, Brunswick Topsham Land Trust Inc reported a surplus of $904K with revenue exceeding expenses, holds 75.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Brunswick Topsham Land Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.7% | +33.8% | +20.7% |
| 2022 | +59.5% | +6.7% | +5.4% |
| 2021 | -33.1% | -7.1% | +4.1% |
| 2020 | +17.9% | -4.2% | +9.7% |
| 2019 | -14.9% | +5.5% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
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 Brunswick Topsham Land Trust Inc with a Mission Score of 88 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, Brunswick Topsham Land 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $904K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is not reported on the Form 990, indicating that no individual received more than $100,000 in reportable compensation from the organization or related organizations.
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 Brunswick Topsham Land Trust Inc:
- Consistent growth in net assets, from $3.79M in 2016 to $6.51M in 2023.
- Strong program spending, with 80% of expenses dedicated to programs.
- Healthy revenue streams, with total revenue of $1.93M in 2023.
- Low liabilities relative to assets, indicating financial stability.
- Clear mission focus on land conservation in Brunswick, ME.
Frequently Asked Questions about Brunswick Topsham Land Trust Inc
Is Brunswick Topsham Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brunswick Topsham Land Trust Inc (EIN: 222714194) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Brunswick Topsham Land Trust Inc spend its money?
Brunswick Topsham Land Trust Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brunswick Topsham Land Trust Inc tax-deductible?
Brunswick Topsham Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 222714194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Brunswick Topsham Land Trust Inc CEO make?
Brunswick Topsham Land Trust Inc's highest-compensated officer earns $100,000 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Brunswick Topsham Land Trust Inc's spending goes to programs?
Brunswick Topsham Land Trust Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brunswick Topsham Land Trust Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Brunswick Topsham 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 Brunswick Topsham Land Trust Inc located?
Brunswick Topsham Land Trust Inc is headquartered in Brunswick, Maine and files with the IRS under EIN 222714194. It is classified under NTEE code C340.
How many years of IRS 990 filings does Brunswick Topsham Land Trust Inc have?
Brunswick Topsham Land Trust Inc has 12 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 $2.8M in total revenue.
What does Brunswick Topsham Land Trust Inc do?
Brunswick Topsham Land Trust Inc is a nonprofit organization in the Environment sector, located in Brunswick, Maine. It is classified under NTEE code C340.
How much revenue does Brunswick Topsham Land Trust Inc have?
Brunswick Topsham Land Trust Inc reported total revenue of $2,842,220. Based on 12 IRS 990 filings on record.
What are Brunswick Topsham Land Trust Inc's total assets?
Brunswick Topsham Land Trust Inc holds total assets of $10,102,762 as reported in IRS 990 filings.
Where is Brunswick Topsham Land Trust Inc located?
Brunswick Topsham Land Trust Inc is based in Brunswick, Maine.
What is Brunswick Topsham Land Trust Inc's EIN?
Brunswick Topsham Land Trust Inc's Employer Identification Number (EIN) is 222714194. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brunswick Topsham Land Trust Inc?
Brunswick Topsham Land Trust Inc is classified under NTEE code C340 (Environment).
Is Brunswick Topsham Land Trust Inc a registered 501(c)(3)?
Yes, Brunswick Topsham Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222714194.
Does Brunswick Topsham Land Trust Inc file IRS Form 990?
Yes, Brunswick Topsham Land Trust Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Brunswick Topsham Land Trust Inc's revenue in 2023?
In the 202306 filing period, Brunswick Topsham Land Trust Inc reported total revenue of $1,933,084, total expenses of $1,029,393, and net assets of $6,509,211.
Is Brunswick Topsham Land Trust Inc's revenue growing or declining?
Brunswick Topsham Land Trust Inc's revenue is growing. Revenue went from $1,180,824 (202206) to $1,933,084 (202306), a +63.7% change. Based on 12 filings on record.
What is Brunswick Topsham Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Brunswick Topsham Land Trust Inc covers tax period 202306. It shows revenue of $1,933,084, expenses of $1,029,393, total assets of $6,509,211, and liabilities of $190,736.
How much does Brunswick Topsham Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Brunswick Topsham Land Trust Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Brunswick Topsham Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Brunswick Topsham Land Trust Inc appears trustworthy. Mission Score: 88/100 (Excellent). No red flags identified. 5 strengths noted.
What are Brunswick Topsham Land Trust Inc's strengths?
Positive indicators for Brunswick Topsham Land Trust Inc include: Consistent growth in net assets, from $3.79M in 2016 to $6.51M in 2023.. Strong program spending, with 80% of expenses dedicated to programs.. Healthy revenue streams, with total revenue of $1.93M in 2023.. Low liabilities relative to assets, indicating financial stability.. Clear mission focus on land conservation in Brunswick, ME.. These findings are derived from AI analysis of the organization's financial filings.
How does Brunswick Topsham Land Trust Inc compensate executives?
Executive compensation is not reported on the Form 990, indicating that no individual received more than $100,000 in reportable compensation from the organization or related organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Brunswick Topsham Land Trust Inc?
The organization consistently reports 0% compensation to officers, directors, trustees, and key employees from unrelated organizations. Detailed financial statements are available on their website, providing a clear breakdown of revenue and expenses. Form 990 filings are readily accessible, offering a comprehensive overview of their operations. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the land trust managed to achieve such significant asset growth without reporting high executive compensation?
The growth appears to be driven by strong fundraising and investment returns, rather than high operational costs or executive salaries. The organization's focus on its mission and efficient use of resources likely contributes to this financial health.
What specific strategies does the Brunswick Topsham Land Trust employ to maintain such a high percentage of program spending?
While not explicitly detailed in the provided data, a high program spending percentage typically indicates efficient administrative operations, a strong volunteer base, and direct allocation of funds to land acquisition, stewardship, and educational initiatives rather than excessive overhead.
Filing History
IRS 990 filing history for Brunswick Topsham Land Trust Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Brunswick Topsham Land Trust Inc's revenue has declined by 6.9%, moving from $2.1M to $1.9M. Total assets increased by 161.5% over the same period, from $2.5M to $6.5M. Total functional expenses fell by 46.2%, from $1.9M to $1.0M. In its most recent filing year (2023), Brunswick Topsham Land Trust Inc reported a surplus of $904K, with revenue exceeding expenses. The organization holds $191K in liabilities against $6.5M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.0M | $6.5M | $191K | — | View 990 |
| 2022 | $1.2M | $769K | $5.4M | $93K | — | View 990 |
| 2021 | $740K | $721K | $5.1M | $151K | — | View 990 |
| 2020 | $1.1M | $777K | $4.9M | $125K | — | View 990 |
| 2019 | $938K | $811K | $4.5M | $57K | — | View 990 |
| 2018 | $1.1M | $768K | $4.3M | $48K | — | View 990 |
| 2017 | $1.1M | $847K | $4.0M | $51K | — | View 990 |
| 2016 | $1.0M | $792K | $3.8M | $110K | — | View 990 |
| 2015 | $721K | $766K | $3.5M | $74K | — | View 990 |
| 2014 | $1.5M | $1.5M | $3.5M | $29K | — | View 990 |
| 2013 | $1.7M | $596K | $3.5M | $18K | — | View 990 |
| 2012 | $2.1M | $1.9M | $2.5M | $118K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.0M, and assets of $6.5M (revenue +63.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $769K, and assets of $5.4M (revenue +59.5% year-over-year).
- 2021: Revenue of $740K, expenses of $721K, and assets of $5.1M (revenue -33.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $777K, and assets of $4.9M (revenue +17.9% year-over-year).
- 2019: Revenue of $938K, expenses of $811K, and assets of $4.5M (revenue -14.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $768K, and assets of $4.3M (revenue -1.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $847K, and assets of $4.0M (revenue +11.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $792K, and assets of $3.8M (revenue +39.3% year-over-year).
- 2015: Revenue of $721K, expenses of $766K, and assets of $3.5M (revenue -52.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $3.5M (revenue -11.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $596K, and assets of $3.5M (revenue -17.4% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brunswick Topsham Land Trust Inc:
Data Sources and Methodology
This transparency report for Brunswick Topsham 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.