Genesee Land Trust Inc
Genesee Land Trust Inc: Strong Financial Growth and Land Preservation Focus
EIN: 223033712 · Rochester, NY · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $3.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $10.5M |
| Transparency Score | 85/100 |
Is Genesee 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 →
Genesee Land Trust Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Genesee Land Trust Inc
Genesee Land Trust Inc (EIN: 223033712) is a nonprofit organization based in Rochester, NY, classified under NTEE code C340. The organization reported total revenue of $6.3M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesee Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesee Land Trust Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $10.7M |
| Total Liabilities | $196K |
| Net Assets | $10.5M |
| Operating Margin | 53.3% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 39.5 months |
Financial Health Grade: A
In 2024, Genesee Land Trust Inc reported a surplus of $3.7M with revenue exceeding expenses, holds 39.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Genesee Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +59.1% | -15.7% | +54.5% |
| 2023 | +38.9% | +57.2% | +9.0% |
| 2022 | +172.2% | +282.6% | +12.1% |
| 2021 | -42.4% | -61.3% | +16.5% |
| 2020 | +90.5% | +124.8% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Genesee 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Genesee Land Trust Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or compensation handled through a separate entity not reflected 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.
Strengths
The following positive indicators were identified for Genesee Land Trust Inc:
- Significant growth in revenue from $654,953 in 2018 to $6,949,927 in 2024, demonstrating strong fundraising and support.
- Healthy asset growth from $4,256,894 in 2018 to $10,686,909 in 2024, indicating effective asset management and long-term stability.
- Consistently low liabilities relative to assets, with liabilities at $195,814 in 2024 against $10,686,909 in assets, suggesting strong financial health.
- Consistent reporting of 0% compensation for key personnel, which can lead to more funds directly supporting the mission.
Frequently Asked Questions about Genesee Land Trust Inc
Is Genesee Land Trust Inc a legitimate charity?
Genesee Land Trust Inc (EIN: 223033712) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Genesee Land Trust Inc spend its money?
Genesee Land Trust Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Genesee Land Trust Inc tax-deductible?
Genesee Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 223033712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Genesee Land Trust Inc CEO make?
Genesee Land Trust Inc's highest-compensated officer earns $0 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Genesee Land Trust Inc's spending goes to programs?
Genesee Land Trust Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Genesee Land Trust Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Genesee 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 Genesee Land Trust Inc located?
Genesee Land Trust Inc is headquartered in Rochester, New York and files with the IRS under EIN 223033712. It is classified under NTEE code C340.
How many years of IRS 990 filings does Genesee Land Trust Inc have?
Genesee Land Trust Inc 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 $6.3M in total revenue.
What does Genesee Land Trust Inc do?
Genesee Land Trust Inc is a nonprofit organization in the Environment sector, located in Rochester, New York. It is classified under NTEE code C340.
How much revenue does Genesee Land Trust Inc have?
Genesee Land Trust Inc reported total revenue of $6,297,565. Based on 13 IRS 990 filings on record.
What are Genesee Land Trust Inc's total assets?
Genesee Land Trust Inc holds total assets of $9,432,196 as reported in IRS 990 filings.
Where is Genesee Land Trust Inc located?
Genesee Land Trust Inc is based in Rochester, New York.
What is Genesee Land Trust Inc's EIN?
Genesee Land Trust Inc's Employer Identification Number (EIN) is 223033712. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Genesee Land Trust Inc?
Genesee Land Trust Inc is classified under NTEE code C340 (Environment).
Is Genesee Land Trust Inc a registered 501(c)(3)?
Yes, Genesee Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 223033712.
Does Genesee Land Trust Inc file IRS Form 990?
Yes, Genesee Land Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Genesee Land Trust Inc's revenue in 2024?
In the 202403 filing period, Genesee Land Trust Inc reported total revenue of $6,949,927, total expenses of $3,243,678, and net assets of $10,686,909.
Is Genesee Land Trust Inc's revenue growing or declining?
Genesee Land Trust Inc's revenue is growing. Revenue went from $4,368,979 (202303) to $6,949,927 (202403), a +59.1% change. Based on 13 filings on record.
What is Genesee Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Genesee Land Trust Inc covers tax period 202403. It shows revenue of $6,949,927, expenses of $3,243,678, total assets of $10,686,909, and liabilities of $195,814.
How much does Genesee Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Genesee Land Trust Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Genesee Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Genesee Land Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Genesee Land Trust Inc's strengths?
Positive indicators for Genesee Land Trust Inc include: Significant growth in revenue from $654,953 in 2018 to $6,949,927 in 2024, demonstrating strong fundraising and support.. Healthy asset growth from $4,256,894 in 2018 to $10,686,909 in 2024, indicating effective asset management and long-term stability.. Consistently low liabilities relative to assets, with liabilities at $195,814 in 2024 against $10,686,909 in assets, suggesting strong financial health.. Consistent reporting of 0% compensation for key personnel, which can lead to more funds directly supporting the mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Genesee Land Trust Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or compensation handled through a separate entity not reflected in these filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Genesee Land Trust Inc manage to report $0 in compensation for officers, directors, trustees, and key employees despite significant growth and operations?
This could indicate that leadership roles are filled by volunteers, or that compensation for these roles is covered by a related entity or through non-monetary benefits not required to be reported in this section of the filings. Further investigation into their operational model would be needed to fully understand this structure.
What specific factors contributed to the substantial revenue increase from $1,155,473 in 2021 to $6,949,927 in 2024?
While the filings show the revenue increase, the specific drivers (e.g., major grants, successful campaigns, large individual donations, or land sales/acquisitions) are not detailed in the provided data. This significant jump suggests a highly successful period of fundraising or a major capital project.
Filing History
IRS 990 filing history for Genesee Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Genesee Land Trust Inc's revenue has grown by 645%, moving from $933K to $6.9M. Total assets increased by 340.3% over the same period, from $2.4M to $10.7M. Total functional expenses rose by 1029.9%, from $287K to $3.2M. In its most recent filing year (2024), Genesee Land Trust Inc reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $196K in liabilities against $10.7M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $10.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6.9M | $3.2M | $10.7M | $196K | — | View 990 |
| 2023 | $4.4M | $3.8M | $6.9M | $202K | — | View 990 |
| 2022 | $3.1M | $2.4M | $6.3M | $88K | — | View 990 |
| 2021 | $1.2M | $639K | $5.7M | $83K | — | View 990 |
| 2020 | $2.0M | $1.7M | $4.9M | $5K | — | View 990 |
| 2019 | $1.1M | $736K | $4.6M | $7K | — | View 990 |
| 2018 | $655K | $485K | $4.3M | $2K | — | — |
| 2017 | $788K | $716K | $4.0M | $12K | — | View 990 |
| 2016 | $1.8M | $564K | $3.9M | $40K | — | View 990 |
| 2015 | $335K | $352K | $2.7M | $0 | — | View 990 |
| 2014 | $458K | $348K | $2.7M | $11K | — | View 990 |
| 2013 | $478K | $289K | $2.5M | $1K | — | View 990 |
| 2012 | $933K | $287K | $2.4M | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6.9M, expenses of $3.2M, and assets of $10.7M (revenue +59.1% year-over-year).
- 2023: Revenue of $4.4M, expenses of $3.8M, and assets of $6.9M (revenue +38.9% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.4M, and assets of $6.3M (revenue +172.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $639K, and assets of $5.7M (revenue -42.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $4.9M (revenue +90.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $736K, and assets of $4.6M (revenue +60.7% year-over-year).
- 2018: Revenue of $655K, expenses of $485K, and assets of $4.3M (revenue -16.8% year-over-year).
- 2017: Revenue of $788K, expenses of $716K, and assets of $4.0M (revenue -56.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $564K, and assets of $3.9M (revenue +436.3% year-over-year).
- 2015: Revenue of $335K, expenses of $352K, and assets of $2.7M (revenue -26.9% year-over-year).
- 2014: Revenue of $458K, expenses of $348K, and assets of $2.7M (revenue -4.2% year-over-year).
- 2013: Revenue of $478K, expenses of $289K, and assets of $2.5M (revenue -48.7% year-over-year).
- 2012: Revenue of $933K, expenses of $287K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesee Land Trust Inc:
Data Sources and Methodology
This transparency report for Genesee 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.