Chebeague & Cumberland Land Trust Inc

Chebeague & Cumberland Land Trust consistently grows assets with no reported officer compensation.

EIN: 16082716 · Cumberland, ME · Updated: 2026-03-28

$1.3MRevenue

$3.1MAssets

90/100Mission Score (Excellent)

About Chebeague & Cumberland Land Trust Inc

Chebeague & Cumberland Land Trust Inc (EIN: 16082716) is a nonprofit organization based in Cumberland, ME. The organization reported total revenue of $1.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chebeague & Cumberland Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Chebeague & Cumberland Land Trust Inc demonstrates a generally healthy financial position, with assets consistently growing over the past nine years, reaching $2,233,845 in 2023. The organization's revenue has fluctuated, with a notable peak of $569,585 in 2022, but has consistently exceeded expenses in most years, indicating sound financial management and an ability to build reserves. For instance, in 2023, revenue was $329,881 against expenses of $232,348, resulting in a surplus.

The organization appears to be efficient in its spending, as evidenced by the consistent surpluses and asset growth. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the organization is managing its resources effectively to achieve its mission. The absence of officer compensation also points to a lean operational structure, potentially relying heavily on volunteer efforts or modest staff salaries not categorized as officer compensation.

Regarding transparency, the consistent filing of IRS Form 990s over nine periods is a strong indicator of commitment to public accountability. The lack of reported officer compensation across all filings suggests either a volunteer-led board or compensation levels that fall below reporting thresholds, which can be a positive sign of resource allocation directly to mission-related activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chebeague & Cumberland Land Trust Inc with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, Chebeague & Cumberland Land Trust Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation has been reported across all nine filings, suggesting a volunteer-led organization or that executive compensation falls below IRS reporting thresholds, which is highly favorable for resource allocation to mission.

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 Chebeague & Cumberland Land Trust Inc:

Consistent asset growth, increasing from $1,020,478 in 2015 to $2,233,845 in 2023.
Revenue consistently exceeds expenses in most years, indicating sound financial management.
Zero reported officer compensation across all nine filings, suggesting efficient use of funds.
Strong financial reserves, as evidenced by the growing asset base.
Consistent IRS 990 filing history demonstrates transparency and accountability.

Frequently Asked Questions about Chebeague & Cumberland Land Trust Inc

Is Chebeague & Cumberland Land Trust Inc a good charity?

Based on its consistent asset growth, revenue exceeding expenses in most years, and zero reported officer compensation, Chebeague & Cumberland Land Trust Inc appears to be a well-managed and efficient charity.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth, with assets increasing from $1,020,478 in 2015 to $2,233,845 in 2023, indicating strong long-term financial health.

What is the trend in revenue and expenses?

Revenue and expenses have fluctuated year-to-year, but revenue has generally outpaced expenses, allowing for asset accumulation. For example, in 2023, revenue was $329,881 against expenses of $232,348.

Filing History

IRS 990 filing history for Chebeague & Cumberland Land Trust Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Chebeague & Cumberland Land Trust Inc's revenue has declined by 50.1%, moving from $662K to $330K. Total assets increased by 118.9% over the same period, from $1.0M to $2.2M. Total functional expenses rose by 29.3%, from $180K to $232K. In its most recent filing year (2023), Chebeague & Cumberland Land Trust Inc reported a surplus of $98K, with revenue exceeding expenses. The organization holds $7K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$330K	$232K	$2.2M	$7K	—	View 990
2022	$570K	$480K	$2.1M	$9K	—	View 990
2021	$492K	$185K	$2.2M	$4K	—	View 990
2020	$413K	$306K	$1.7M	$3K	—	—
2019	$320K	$90K	$1.5M	$0	—	View 990
2018	$131K	$72K	$1.2M	$0	—	View 990
2017	$118K	$64K	$1.2M	$3K	—	View 990
2016	$61K	$34K	$1.1M	$0	—	View 990
2015	$662K	$180K	$1.0M	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $330K, expenses of $232K, and assets of $2.2M (revenue -42.1% year-over-year).
2022: Revenue of $570K, expenses of $480K, and assets of $2.1M (revenue +15.7% year-over-year).
2021: Revenue of $492K, expenses of $185K, and assets of $2.2M (revenue +19.2% year-over-year).
2020: Revenue of $413K, expenses of $306K, and assets of $1.7M (revenue +29.1% year-over-year).
2019: Revenue of $320K, expenses of $90K, and assets of $1.5M (revenue +143.6% year-over-year).
2018: Revenue of $131K, expenses of $72K, and assets of $1.2M (revenue +11.7% year-over-year).
2017: Revenue of $118K, expenses of $64K, and assets of $1.2M (revenue +92.0% year-over-year).
2016: Revenue of $61K, expenses of $34K, and assets of $1.1M (revenue -90.7% year-over-year).
2015: Revenue of $662K, expenses of $180K, and assets of $1.0M.

Data Sources and Methodology

This transparency report for Chebeague & Cumberland 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.