Cape Elizabeth Land Trust Inc
Cape Elizabeth Land Trust: Strong Financials, High Program Spending
EIN: 222736834 · Cape Eliz, ME · NTEE: C340 · Updated: 2026-04-04
About Cape Elizabeth Land Trust Inc
Cape Elizabeth Land Trust Inc (EIN: 222736834) is a nonprofit organization based in Cape Eliz, ME, classified under NTEE code C340. The organization reported total revenue of $2.3M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Elizabeth Land 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 Cape Elizabeth 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Cape Elizabeth 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.
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 and asset base.
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 Cape Elizabeth Land Trust Inc's IRS 990 filings:
- The 'c0%' for compensation across all years is a red flag, as it's highly unlikely that no key employees receive compensation, suggesting potential reporting gaps or alternative compensation structures not immediately apparent.
Strengths
The following positive indicators were identified for Cape Elizabeth Land Trust Inc:
- Consistently strong asset growth, reaching over $10 million in 2023.
- High percentage of expenses dedicated to programs, indicating a focus on mission fulfillment.
- Significant revenue generation, with notable spikes in 2020 and 2021.
Frequently Asked Questions about Cape Elizabeth Land Trust Inc
What does Cape Elizabeth Land Trust Inc do?
Cape Elizabeth Land Trust Inc is a nonprofit organization in the Environment sector, located in Cape Eliz, Maine. It is classified under NTEE code C340.
How much revenue does Cape Elizabeth Land Trust Inc have?
Cape Elizabeth Land Trust Inc reported total revenue of $2,343,134. Based on 13 IRS 990 filings on record.
What are Cape Elizabeth Land Trust Inc's total assets?
Cape Elizabeth Land Trust Inc holds total assets of $10,303,552 as reported in IRS 990 filings.
Where is Cape Elizabeth Land Trust Inc located?
Cape Elizabeth Land Trust Inc is based in Cape Eliz, Maine.
What is Cape Elizabeth Land Trust Inc's EIN?
Cape Elizabeth Land Trust Inc's Employer Identification Number (EIN) is 222736834. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape Elizabeth Land Trust Inc?
Cape Elizabeth Land Trust Inc is classified under NTEE code C340 (Environment).
Is Cape Elizabeth Land Trust Inc a registered 501(c)(3)?
Yes, Cape Elizabeth Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222736834.
Does Cape Elizabeth Land Trust Inc file IRS Form 990?
Yes, Cape Elizabeth Land Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Cape Elizabeth Land Trust Inc's revenue in 2023?
In the 202309 filing period, Cape Elizabeth Land Trust Inc reported total revenue of $1,244,812, total expenses of $457,912, and net assets of $9,191,158.
Is Cape Elizabeth Land Trust Inc's revenue growing or declining?
Cape Elizabeth Land Trust Inc's revenue is growing. Revenue went from $878,138 (202209) to $1,244,812 (202309), a +41.8% change. Based on 13 filings on record.
What is Cape Elizabeth Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cape Elizabeth Land Trust Inc covers tax period 202309. It shows revenue of $1,244,812, expenses of $457,912, total assets of $9,191,158, and liabilities of $533,398.
How much does Cape Elizabeth Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Cape Elizabeth 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 Cape Elizabeth Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape Elizabeth Land Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Cape Elizabeth Land Trust Inc?
The following concerns were identified: The 'c0%' for compensation across all years is a red flag, as it's highly unlikely that no key employees receive compensation, suggesting potential reporting gaps or alternative compensation structures not immediately apparent.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cape Elizabeth Land Trust Inc's strengths?
Positive indicators for Cape Elizabeth Land Trust Inc include: Consistently strong asset growth, reaching over $10 million in 2023.. High percentage of expenses dedicated to programs, indicating a focus on mission fulfillment.. Significant revenue generation, with notable spikes in 2020 and 2021.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape Elizabeth 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 and asset base. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' compensation reported, how are key leadership roles compensated, and what is the rationale for not reporting this on the Form 990?
The consistent reporting of 'c0%' for compensation across all years suggests either a volunteer-led executive team, compensation being paid through a related entity not directly reported on the 990, or a reporting oversight. Further investigation into their operational structure and specific compensation policies would be necessary to understand this.
What factors contributed to the significant revenue spike in 2020 ($6,295,795) and 2021 ($2,013,643) compared to other years?
The substantial revenue increase in 2020 and 2021 likely indicates a major capital campaign, a large one-time donation, or a significant land acquisition/sale that generated considerable income. This could represent a successful fundraising effort for a specific project or a strategic financial maneuver.
Filing History
IRS 990 filing history for Cape Elizabeth Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cape Elizabeth Land Trust Inc's revenue has grown by 288.9%, moving from $320K to $1.2M. Total assets increased by 590.3% over the same period, from $1.3M to $9.2M. Total functional expenses rose by 167.4%, from $171K to $458K. In its most recent filing year (2023), Cape Elizabeth Land Trust Inc reported a surplus of $787K, with revenue exceeding expenses. The organization holds $533K in liabilities against $9.2M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $458K | $9.2M | $533K | — | View 990 |
| 2022 | $878K | $1.1M | $7.7M | $25K | — | View 990 |
| 2021 | $2.0M | $2.3M | $8.4M | $28K | — | View 990 |
| 2020 | $6.3M | $1.4M | $8.6M | $90K | — | View 990 |
| 2019 | $1.9M | $1.3M | $3.8M | $198K | — | View 990 |
| 2018 | $2.0M | $456K | $3.1M | $186K | — | View 990 |
| 2017 | $338K | $330K | $1.4M | $15K | — | View 990 |
| 2016 | $482K | $539K | $1.4M | $11K | — | View 990 |
| 2015 | $272K | $246K | $1.5M | $4K | — | View 990 |
| 2014 | $329K | $213K | $1.4M | $0 | — | View 990 |
| 2013 | $757K | $1.3M | $1.3M | $1K | — | View 990 |
| 2012 | $718K | $182K | $1.9M | $9K | — | View 990 |
| 2011 | $320K | $171K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $458K, and assets of $9.2M (revenue +41.8% year-over-year).
- 2022: Revenue of $878K, expenses of $1.1M, and assets of $7.7M (revenue -56.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.3M, and assets of $8.4M (revenue -68.0% year-over-year).
- 2020: Revenue of $6.3M, expenses of $1.4M, and assets of $8.6M (revenue +233.3% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.3M, and assets of $3.8M (revenue -5.4% year-over-year).
- 2018: Revenue of $2.0M, expenses of $456K, and assets of $3.1M (revenue +490.5% year-over-year).
- 2017: Revenue of $338K, expenses of $330K, and assets of $1.4M (revenue -29.8% year-over-year).
- 2016: Revenue of $482K, expenses of $539K, and assets of $1.4M (revenue +77.4% year-over-year).
- 2015: Revenue of $272K, expenses of $246K, and assets of $1.5M (revenue -17.3% year-over-year).
- 2014: Revenue of $329K, expenses of $213K, and assets of $1.4M (revenue -56.6% year-over-year).
- 2013: Revenue of $757K, expenses of $1.3M, and assets of $1.3M (revenue +5.4% year-over-year).
- 2012: Revenue of $718K, expenses of $182K, and assets of $1.9M (revenue +124.2% year-over-year).
- 2011: Revenue of $320K, expenses of $171K, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Cape Elizabeth 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.