Franklin Land Trust Inc
Franklin Land Trust: Strong Financial Health, Moderate Program Spending
EIN: 222744488 · Shelburne Fls, MA · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 70% |
| Net Assets | $5.9M |
| Transparency Score | 75/100 |
Is Franklin 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 →
Franklin Land Trust Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Franklin Land Trust Inc
Franklin Land Trust Inc (EIN: 222744488) is a nonprofit organization based in Shelburne Fls, MA, classified under NTEE code C340. The organization reported total revenue of $1.3M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Land Trust Inc is a mid-size nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$86K |
| Total Assets | $6.4M |
| Total Liabilities | $492K |
| Net Assets | $5.9M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 60.6 months |
Financial Health Grade: A
In 2024, Franklin Land Trust Inc reported a surplus of $86K with revenue exceeding expenses, holds 60.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Franklin Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -17.3% | +58.6% | +7.2% |
| 2023 | -11.6% | -16.0% | +22.3% |
| 2022 | -7.1% | -43.0% | +4.2% |
| 2021 | +113.4% | +84.2% | +25.6% |
| 2020 | -44.5% | -21.7% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Franklin Land Trust Inc with a Mission Score of 75 out of 100 (Good). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Franklin Land Trust Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data on individual salaries, as the provided data only includes aggregated financial figures.
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 Franklin Land Trust Inc:
- Consistent asset growth over multiple years indicates strong financial management and stability.
- Zero lobbying expenses reported suggests a direct application of funds to programmatic work.
- Healthy revenue streams, despite fluctuations, support ongoing operations and mission fulfillment.
Frequently Asked Questions about Franklin Land Trust Inc
Is Franklin Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin Land Trust Inc (EIN: 222744488) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Franklin Land Trust Inc spend its money?
Franklin Land Trust Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franklin Land Trust Inc tax-deductible?
Franklin Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 222744488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franklin Land Trust Inc's spending goes to programs?
Franklin Land Trust Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Franklin Land Trust Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Franklin Land Trust Inc 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 Franklin Land Trust Inc located?
Franklin Land Trust Inc is headquartered in Shelburne Fls, Massachusetts and files with the IRS under EIN 222744488. It is classified under NTEE code C340.
How many years of IRS 990 filings does Franklin Land Trust Inc have?
Franklin Land Trust Inc has 14 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 $1.3M in total revenue.
What does Franklin Land Trust Inc do?
Franklin Land Trust Inc is a nonprofit organization in the Environment sector, located in Shelburne Fls, Massachusetts. It is classified under NTEE code C340.
How much revenue does Franklin Land Trust Inc have?
Franklin Land Trust Inc reported total revenue of $1,296,822. Based on 14 IRS 990 filings on record.
What are Franklin Land Trust Inc's total assets?
Franklin Land Trust Inc holds total assets of $5,966,094 as reported in IRS 990 filings.
Where is Franklin Land Trust Inc located?
Franklin Land Trust Inc is based in Shelburne Fls, Massachusetts.
What is Franklin Land Trust Inc's EIN?
Franklin Land Trust Inc's Employer Identification Number (EIN) is 222744488. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Franklin Land Trust Inc?
Franklin Land Trust Inc is classified under NTEE code C340 (Environment).
Is Franklin Land Trust Inc a registered 501(c)(3)?
Yes, Franklin Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222744488.
Does Franklin Land Trust Inc file IRS Form 990?
Yes, Franklin Land Trust Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Franklin Land Trust Inc's revenue in 2024?
In the 202406 filing period, Franklin Land Trust Inc reported total revenue of $1,350,448, total expenses of $1,264,009, and net assets of $6,388,223.
Is Franklin Land Trust Inc's revenue growing or declining?
Franklin Land Trust Inc's revenue is declining. Revenue went from $1,632,048 (202306) to $1,350,448 (202406), a -17.3% change. Based on 14 filings on record.
What is Franklin Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Franklin Land Trust Inc covers tax period 202406. It shows revenue of $1,350,448, expenses of $1,264,009, total assets of $6,388,223, and liabilities of $492,102.
How much does Franklin Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Franklin Land Trust Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Franklin Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Franklin Land Trust Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Franklin Land Trust Inc's strengths?
Positive indicators for Franklin Land Trust Inc include: Consistent asset growth over multiple years indicates strong financial management and stability.. Zero lobbying expenses reported suggests a direct application of funds to programmatic work.. Healthy revenue streams, despite fluctuations, support ongoing operations and mission fulfillment.. These findings are derived from AI analysis of the organization's financial filings.
How does Franklin Land Trust Inc compensate executives?
Executive compensation cannot be assessed without specific data on individual salaries, as the provided data only includes aggregated financial figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage its land holdings and conservation easements to ensure long-term impact, given its primary mission?
While the financial data shows asset growth, a deeper dive into program specifics would be needed to understand the long-term management strategies for land holdings and conservation easements, which are central to a land trust's mission.
Filing History
IRS 990 filing history for Franklin Land Trust Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Franklin Land Trust Inc's revenue has grown by 181.2%, moving from $480K to $1.4M. Total assets increased by 101.7% over the same period, from $3.2M to $6.4M. Total functional expenses rose by 124.9%, from $562K to $1.3M. In its most recent filing year (2024), Franklin Land Trust Inc reported a surplus of $86K, with revenue exceeding expenses. The organization holds $492K in liabilities against $6.4M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.3M | $6.4M | $492K | — | View 990 |
| 2023 | $1.6M | $797K | $6.0M | $333K | — | View 990 |
| 2022 | $1.8M | $949K | $4.9M | $199K | — | View 990 |
| 2021 | $2.0M | $1.7M | $4.7M | $717K | — | View 990 |
| 2020 | $931K | $903K | $3.7M | $174K | — | View 990 |
| 2019 | $1.7M | $1.2M | $3.6M | $44K | — | View 990 |
| 2018 | $1.3M | $1.1M | $3.3M | $341K | — | View 990 |
| 2017 | $1.3M | $970K | $3.5M | $747K | — | View 990 |
| 2016 | $1.1M | $727K | $2.6M | $438K | — | View 990 |
| 2015 | $796K | $792K | $2.8M | $1.1M | — | View 990 |
| 2014 | $1.0M | $830K | $2.5M | $715K | — | View 990 |
| 2013 | $1.1M | $586K | $5.1M | $3.5M | — | View 990 |
| 2012 | $721K | $563K | $1.5M | $547K | — | View 990 |
| 2011 | $480K | $562K | $3.2M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.3M, and assets of $6.4M (revenue -17.3% year-over-year).
- 2023: Revenue of $1.6M, expenses of $797K, and assets of $6.0M (revenue -11.6% year-over-year).
- 2022: Revenue of $1.8M, expenses of $949K, and assets of $4.9M (revenue -7.1% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.7M, and assets of $4.7M (revenue +113.4% year-over-year).
- 2020: Revenue of $931K, expenses of $903K, and assets of $3.7M (revenue -44.5% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.2M, and assets of $3.6M (revenue +29.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $3.3M (revenue +2.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $970K, and assets of $3.5M (revenue +13.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $727K, and assets of $2.6M (revenue +41.0% year-over-year).
- 2015: Revenue of $796K, expenses of $792K, and assets of $2.8M (revenue -22.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $830K, and assets of $2.5M (revenue -10.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $586K, and assets of $5.1M (revenue +58.0% year-over-year).
- 2012: Revenue of $721K, expenses of $563K, and assets of $1.5M (revenue +50.1% year-over-year).
- 2011: Revenue of $480K, expenses of $562K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Land Trust Inc:
Data Sources and Methodology
This transparency report for Franklin 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.