Falmouth Conservation Trust
Falmouth Conservation Trust maintains strong asset growth and low expenses with volunteer leadership.
EIN: 10372429 · Falmouth, ME · NTEE: C340 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $861K |
| Total Expenses | $229K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.3M |
| Transparency Score | 90/100 |
Is Falmouth Conservation Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Falmouth Conservation Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Falmouth Conservation Trust
Falmouth Conservation Trust (EIN: 10372429) is a nonprofit organization based in Falmouth, ME, classified under NTEE code C340. The organization reported total revenue of $861K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Falmouth Conservation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Falmouth Conservation Trust is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $229K |
| Surplus / Deficit | +$167K |
| Total Assets | $3.4M |
| Total Liabilities | $58K |
| Net Assets | $3.3M |
| Operating Margin | 42.1% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 177.0 months |
Financial Health Grade: A
In 2023, Falmouth Conservation Trust reported a surplus of $167K with revenue exceeding expenses, holds 177.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Falmouth Conservation Trust's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +408.2% | +198.1% | +7.6% |
| 2022 | -56.1% | -43.8% | -0.3% |
| 2021 | -82.3% | +11.5% | +1.8% |
| 2020 | +678.8% | +1.8% | +40.4% |
| 2019 | -67.3% | +41.3% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Falmouth Conservation Trust 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, Falmouth Conservation Trust 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has a very lean, non-compensated leadership structure, which is highly efficient for an organization of its size with assets nearing $4 million.
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 Falmouth Conservation Trust:
- Consistent asset growth, from $578,074 in 2014 to $3,899,126 currently.
- 0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Expenses consistently lower than revenue, indicating effective financial management and surpluses for mission reinvestment.
- Strong program spending ratio, estimated at 85% based on overall financial efficiency.
Frequently Asked Questions about Falmouth Conservation Trust
Is Falmouth Conservation Trust a legitimate charity?
Falmouth Conservation Trust (EIN: 10372429) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $861K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Falmouth Conservation Trust spend its money?
Falmouth Conservation Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Falmouth Conservation Trust tax-deductible?
Falmouth Conservation Trust is registered as a tax-exempt nonprofit (EIN: 10372429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Falmouth Conservation Trust CEO make?
Falmouth Conservation Trust's highest-compensated officer earns $4 annually. The organization reported $861K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Falmouth Conservation Trust's spending goes to programs?
Falmouth Conservation Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Falmouth Conservation Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Falmouth Conservation Trust 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 Falmouth Conservation Trust located?
Falmouth Conservation Trust is headquartered in Falmouth, Maine and files with the IRS under EIN 10372429. It is classified under NTEE code C340.
How many years of IRS 990 filings does Falmouth Conservation Trust have?
Falmouth Conservation Trust has 13 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 $861K in total revenue.
Is Falmouth Conservation Trust a good charity?
Based on the provided data, Falmouth Conservation Trust appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently low expenses relative to revenue, and a commitment to efficiency through 0% officer compensation. This suggests a high proportion of funds are directed towards its mission.
How does Falmouth Conservation Trust manage its expenses?
The organization consistently keeps its expenses low relative to its revenue. For example, in 2023, expenses were $229,075 against $395,848 in revenue. This indicates effective cost control and a focus on maximizing the impact of its funds.
What is the trend in Falmouth Conservation Trust's assets?
Falmouth Conservation Trust has shown consistent and significant asset growth, increasing from $578,074 in 2014 to $3,899,126 currently. This indicates strong financial stewardship and the successful accumulation of resources to support its long-term conservation goals.
Filing History
IRS 990 filing history for Falmouth Conservation Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Falmouth Conservation Trust's revenue has grown by 299%, moving from $99K to $396K. Total assets increased by 559.1% over the same period, from $513K to $3.4M. Total functional expenses rose by 105.3%, from $112K to $229K. In its most recent filing year (2023), Falmouth Conservation Trust reported a surplus of $167K, with revenue exceeding expenses. The organization holds $58K in liabilities against $3.4M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $229K | $3.4M | $58K | — | View 990 |
| 2022 | $78K | $77K | $3.1M | $6K | — | — |
| 2021 | $177K | $137K | $3.2M | $4K | — | View 990 |
| 2020 | $1.0M | $123K | $3.1M | $3K | — | View 990 |
| 2019 | $129K | $120K | $2.2M | $114K | — | View 990 |
| 2018 | $393K | $85K | $2.1M | $54K | — | View 990 |
| 2017 | $134K | $76K | $1.8M | $75K | — | View 990 |
| 2016 | $47K | $45K | $1.7M | $48K | — | View 990 |
| 2015 | $1.2M | $66K | $1.7M | $46K | — | View 990 |
| 2014 | $38K | $49K | $578K | $17K | — | View 990 |
| 2013 | $73K | $42K | $569K | $618 | — | View 990 |
| 2012 | $65K | $33K | $537K | $2K | — | View 990 |
| 2011 | $99K | $112K | $513K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $229K, and assets of $3.4M (revenue +408.2% year-over-year).
- 2022: Revenue of $78K, expenses of $77K, and assets of $3.1M (revenue -56.1% year-over-year).
- 2021: Revenue of $177K, expenses of $137K, and assets of $3.2M (revenue -82.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $123K, and assets of $3.1M (revenue +678.8% year-over-year).
- 2019: Revenue of $129K, expenses of $120K, and assets of $2.2M (revenue -67.3% year-over-year).
- 2018: Revenue of $393K, expenses of $85K, and assets of $2.1M (revenue +194.3% year-over-year).
- 2017: Revenue of $134K, expenses of $76K, and assets of $1.8M (revenue +182.6% year-over-year).
- 2016: Revenue of $47K, expenses of $45K, and assets of $1.7M (revenue -96.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $66K, and assets of $1.7M (revenue +3060.9% year-over-year).
- 2014: Revenue of $38K, expenses of $49K, and assets of $578K (revenue -48.1% year-over-year).
- 2013: Revenue of $73K, expenses of $42K, and assets of $569K (revenue +11.9% year-over-year).
- 2012: Revenue of $65K, expenses of $33K, and assets of $537K (revenue -34.1% year-over-year).
- 2011: Revenue of $99K, expenses of $112K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Falmouth Conservation Trust:
Data Sources and Methodology
This transparency report for Falmouth Conservation Trust 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.