Catoctin Land Trust Inc
Catoctin Land Trust Inc shows strong financial growth and zero executive compensation in recent years.
EIN: 10578410 · Frederick, MD · NTEE: C34 · Updated: 2026-03-26
Is Catoctin 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 →
Catoctin Land Trust Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catoctin Land Trust Inc
Catoctin Land Trust Inc (EIN: 10578410) is a nonprofit organization based in Frederick, MD, classified under NTEE code C34. The organization reported total revenue of $415K and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catoctin 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 Catoctin Land Trust Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Catoctin Land Trust Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Catoctin Land Trust Inc reports 0% officer compensation across all available filings, indicating a volunteer-led organization with no paid executives, which is highly commendable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Catoctin Land Trust Inc:
- Zero officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Significant revenue growth from $2,751 in 2019 to $175,142 in 2023, demonstrating increasing support.
- Consistent asset growth, from $132,490 in 2019 to $230,269 in 2023, strengthening its financial position.
- Zero liabilities reported in the latest filing (202306), indicating sound financial management.
- High program spending efficiency due to the absence of executive compensation and low administrative overhead.
Frequently Asked Questions about Catoctin Land Trust Inc
Is Catoctin Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catoctin Land Trust Inc (EIN: 10578410) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Catoctin Land Trust Inc spend its money?
Catoctin Land Trust Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catoctin Land Trust Inc tax-deductible?
Catoctin Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 10578410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Catoctin Land Trust Inc a good charity?
Based on the provided data, Catoctin Land Trust Inc appears to be a very good charity. It demonstrates strong financial health, efficient spending with no executive compensation, and a clear program focus, as evidenced by its consistent asset growth and zero liabilities in its latest filing.
How has Catoctin Land Trust Inc's revenue changed over time?
Catoctin Land Trust Inc has experienced significant revenue growth, particularly in recent years. Revenue increased from $2,751 in 2019 to $175,142 in 2023, indicating growing support and financial capacity.
Does Catoctin Land Trust Inc pay its executives?
No, Catoctin Land Trust Inc reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Catoctin Land Trust Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Catoctin Land Trust Inc's revenue has grown by 2517.6%, moving from $7K to $175K. Total assets increased by 93.9% over the same period, from $119K to $230K. Total functional expenses rose by 6784%, from $1K to $101K. In its most recent filing year (2023), Catoctin Land Trust Inc reported a surplus of $74K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $101K | $230K | $0 | — | View 990 |
| 2022 | $52K | $109K | $156K | $0 | — | View 990 |
| 2021 | $134K | $93K | $213K | $0 | — | — |
| 2020 | $73K | $33K | $172K | $750 | — | View 990 |
| 2019 | $3K | $464 | $132K | $750 | — | View 990 |
| 2018 | $2K | $256 | $130K | $500 | — | — |
| 2017 | $2K | $250 | $128K | $250 | — | View 990 |
| 2016 | $2K | $12K | $126K | $0 | — | View 990 |
| 2015 | $11K | $1K | $140K | $4K | — | View 990 |
| 2014 | $9K | $2K | $127K | $0 | — | View 990 |
| 2013 | $4K | $2K | $120K | $0 | — | View 990 |
| 2012 | $7K | $1K | $119K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $101K, and assets of $230K (revenue +234.9% year-over-year).
- 2022: Revenue of $52K, expenses of $109K, and assets of $156K (revenue -61.1% year-over-year).
- 2021: Revenue of $134K, expenses of $93K, and assets of $213K (revenue +84.5% year-over-year).
- 2020: Revenue of $73K, expenses of $33K, and assets of $172K (revenue +2545.4% year-over-year).
- 2019: Revenue of $3K, expenses of $464, and assets of $132K (revenue +52.1% year-over-year).
- 2018: Revenue of $2K, expenses of $256, and assets of $130K (revenue -5.3% year-over-year).
- 2017: Revenue of $2K, expenses of $250, and assets of $128K (revenue -17.1% year-over-year).
- 2016: Revenue of $2K, expenses of $12K, and assets of $126K (revenue -78.8% year-over-year).
- 2015: Revenue of $11K, expenses of $1K, and assets of $140K (revenue +19.0% year-over-year).
- 2014: Revenue of $9K, expenses of $2K, and assets of $127K (revenue +145.8% year-over-year).
- 2013: Revenue of $4K, expenses of $2K, and assets of $120K (revenue -44.5% year-over-year).
- 2012: Revenue of $7K, expenses of $1K, and assets of $119K.
Data Sources and Methodology
This transparency report for Catoctin 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.