D & R Greenway Land Trust Inc

Is D & R Greenway Land Trust Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

D & R Greenway Land Trust Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About D & R Greenway Land Trust Inc

D & R Greenway Land Trust Inc (EIN: 223035836) is a nonprofit organization based in Princeton, NJ, classified under NTEE code C340. The organization reported total revenue of $6.1M and total assets of $96.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D & R Greenway Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

D & R Greenway Land Trust Inc is a mid-size nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -9.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, D & R Greenway Land Trust Inc reported a deficit of $46K with expenses exceeding revenue, holds 511.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), D & R Greenway Land Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.

IRS Tax-Exempt Classification

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 D & R Greenway 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: 15%
• programs: 75%
• fundraising: 10%

According to IRS 990 filings, D & R Greenway Land Trust Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $46K, with expenses exceeding revenue.
• Debt-to-asset ratio: 1.0%.

Executive Compensation Analysis

The organization reports $0 in compensation for officers, directors, trustees, and key employees across all provided fiscal years, suggesting a volunteer-led executive structure or that compensation is handled through a related entity not detailed in these 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.

Red Flags

The following concerns were identified during AI analysis of D & R Greenway Land Trust Inc's IRS 990 filings:

• Revenue has shown significant volatility, ranging from $1,776,783 in 2019 to $14,089,206 in 2021, which could impact long-term financial planning.
• The consistent reporting of $0 compensation for key personnel might obscure the true cost of leadership if compensation is paid by a related organization.

Strengths

The following positive indicators were identified for D & R Greenway Land Trust Inc:

• Consistent growth in total assets, from $63,876,839 in 2016 to $96,263,867 in 2023, demonstrates strong financial stewardship and asset accumulation.
• The organization maintains a healthy liquidity position with current assets consistently exceeding current liabilities.
• The organization's mission appears well-supported by its asset base and consistent operational expenses.

Frequently Asked Questions about D & R Greenway Land Trust Inc

Filing History

IRS 990 filing history for D & R Greenway Land Trust Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), D & R Greenway Land Trust Inc's revenue has declined by 73.4%, moving from $7.9M to $2.1M. Total assets increased by 79.5% over the same period, from $51.3M to $92.1M. Total functional expenses rose by 10.1%, from $2.0M to $2.2M. In its most recent filing year (2023), D & R Greenway Land Trust Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $878K in liabilities against $92.1M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $91.2M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $92.1M (revenue -33.4% year-over-year).
• 2022: Revenue of $3.2M, expenses of $2.8M, and assets of $90.3M (revenue -77.5% year-over-year).
• 2021: Revenue of $14.1M, expenses of $2.4M, and assets of $94.2M (revenue +5.5% year-over-year).
• 2020: Revenue of $13.4M, expenses of $1.9M, and assets of $81.7M (revenue +651.4% year-over-year).
• 2019: Revenue of $1.8M, expenses of $2.0M, and assets of $69.3M (revenue -52.2% year-over-year).
• 2018: Revenue of $3.7M, expenses of $2.2M, and assets of $66.9M (revenue -16.2% year-over-year).
• 2017: Revenue of $4.4M, expenses of $1.9M, and assets of $67.0M (revenue -23.8% year-over-year).
• 2016: Revenue of $5.8M, expenses of $3.0M, and assets of $63.9M (revenue +84.1% year-over-year).
• 2015: Revenue of $3.2M, expenses of $2.1M, and assets of $63.0M (revenue -52.9% year-over-year).
• 2014: Revenue of $6.7M, expenses of $2.7M, and assets of $60.7M (revenue +73.3% year-over-year).
• 2013: Revenue of $3.9M, expenses of $1.6M, and assets of $55.8M (revenue +27.4% year-over-year).
• 2012: Revenue of $3.0M, expenses of $1.7M, and assets of $52.7M (revenue +32.7% year-over-year).
• 2011: Revenue of $2.3M, expenses of $2.1M, and assets of $50.2M (revenue -71.1% year-over-year).
• 2010: Revenue of $7.9M, expenses of $2.0M, and assets of $51.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for D & R Greenway Land Trust Inc:

Data Sources and Methodology

This transparency report for D & R Greenway 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.