Georges River Land Trust
Georges River Land Trust shows consistent asset growth and zero reported officer compensation.
EIN: 10424837 · Rockland, ME · NTEE: C340 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $858K |
| Total Expenses | $827K |
| Program Spending | 80% |
| Net Assets | $7.4M |
| Transparency Score | 90/100 |
Is Georges River Land Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georges River Land Trust directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georges River Land Trust
Georges River Land Trust (EIN: 10424837) is a nonprofit organization based in Rockland, ME, classified under NTEE code C340. The organization reported total revenue of $858K and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georges River Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georges River Land Trust is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $916K |
| Total Expenses | $827K |
| Surplus / Deficit | +$90K |
| Total Assets | $7.5M |
| Total Liabilities | $69K |
| Net Assets | $7.4M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 108.2 months |
Financial Health Grade: A
In 2023, Georges River Land Trust reported a surplus of $90K with revenue exceeding expenses, holds 108.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Georges River Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.8% | +28.0% | +3.5% |
| 2022 | +94.9% | +39.1% | +8.2% |
| 2021 | -30.0% | -42.8% | +9.1% |
| 2020 | +34.7% | +57.1% | -1.8% |
| 2019 | +72.0% | +4.8% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Georges River Land 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Georges River Land Trust allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base. This could indicate that officers are uncompensated volunteers, or that compensation is categorized differently and not captured under 'Officer Comp' in this data.
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 Georges River Land Trust's IRS 990 filings:
- Consistent 0% officer compensation reported, which may warrant further investigation into how executive leadership is compensated or if it's entirely volunteer-led.
Strengths
The following positive indicators were identified for Georges River Land Trust:
- Consistent asset growth, increasing from $1.8M in 2014 to over $7.4M in 2023.
- Very low liabilities relative to assets, indicating strong solvency and financial stability.
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Healthy revenue streams, supporting ongoing operations and asset accumulation.
Frequently Asked Questions about Georges River Land Trust
Is Georges River Land Trust a legitimate charity?
Georges River Land Trust (EIN: 10424837) 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: $858K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Georges River Land Trust spend its money?
Georges River Land Trust directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Georges River Land Trust tax-deductible?
Georges River Land Trust is registered as a tax-exempt nonprofit (EIN: 10424837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Georges River Land Trust's spending goes to programs?
Georges River Land Trust directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Georges River Land Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Georges River Land 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 Georges River Land Trust located?
Georges River Land Trust is headquartered in Rockland, Maine and files with the IRS under EIN 10424837. It is classified under NTEE code C340.
How many years of IRS 990 filings does Georges River Land Trust have?
Georges River Land 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 $858K in total revenue.
Is Georges River Land Trust a good charity?
Based on the provided financial data, Georges River Land Trust appears to be a financially healthy and well-managed organization. It demonstrates consistent asset growth, very low liabilities, and a notable absence of reported officer compensation, which are all positive indicators for a charity.
How has Georges River Land Trust's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $1,814,109 in 2014 to $7,455,681 in 2023. While revenue has fluctuated, the consistent growth in assets and low liabilities indicate strong long-term financial stability.
What is the trend in Georges River Land Trust's revenue?
Georges River Land Trust's revenue has been variable, with significant peaks in 2015 ($3,054,888) and 2022 ($1,496,377), and lower figures in other years. This fluctuation is common for nonprofits that rely on grants or major campaigns, but the overall trend supports asset growth.
Filing History
IRS 990 filing history for Georges River Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Georges River Land Trust's revenue has grown by 71.4%, moving from $535K to $916K. Total assets increased by 267.1% over the same period, from $2.0M to $7.5M. Total functional expenses rose by 174.9%, from $301K to $827K. In its most recent filing year (2023), Georges River Land Trust reported a surplus of $90K, with revenue exceeding expenses. The organization holds $69K in liabilities against $7.5M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $916K | $827K | $7.5M | $69K | — | — |
| 2022 | $1.5M | $646K | $7.2M | $24K | — | — |
| 2021 | $768K | $465K | $6.7M | $82K | — | View 990 |
| 2020 | $1.1M | $812K | $6.1M | $26K | — | View 990 |
| 2019 | $814K | $517K | $6.2M | $33K | — | View 990 |
| 2018 | $474K | $493K | $5.7M | $4K | — | View 990 |
| 2017 | $533K | $385K | $5.8M | $20K | — | View 990 |
| 2016 | $1.4M | $393K | $5.5M | $7K | — | View 990 |
| 2015 | $3.1M | $360K | $4.5M | $12K | — | View 990 |
| 2014 | $306K | $302K | $1.8M | $10K | — | View 990 |
| 2013 | $1.0M | $283K | $2.8M | $15K | — | View 990 |
| 2012 | $369K | $334K | $2.0M | $50K | — | View 990 |
| 2011 | $535K | $301K | $2.0M | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $916K, expenses of $827K, and assets of $7.5M (revenue -38.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $646K, and assets of $7.2M (revenue +94.9% year-over-year).
- 2021: Revenue of $768K, expenses of $465K, and assets of $6.7M (revenue -30.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $812K, and assets of $6.1M (revenue +34.7% year-over-year).
- 2019: Revenue of $814K, expenses of $517K, and assets of $6.2M (revenue +72.0% year-over-year).
- 2018: Revenue of $474K, expenses of $493K, and assets of $5.7M (revenue -11.1% year-over-year).
- 2017: Revenue of $533K, expenses of $385K, and assets of $5.8M (revenue -61.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $393K, and assets of $5.5M (revenue -55.1% year-over-year).
- 2015: Revenue of $3.1M, expenses of $360K, and assets of $4.5M (revenue +897.8% year-over-year).
- 2014: Revenue of $306K, expenses of $302K, and assets of $1.8M (revenue -70.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $283K, and assets of $2.8M (revenue +184.3% year-over-year).
- 2012: Revenue of $369K, expenses of $334K, and assets of $2.0M (revenue -31.0% year-over-year).
- 2011: Revenue of $535K, expenses of $301K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georges River Land Trust:
Data Sources and Methodology
This transparency report for Georges River Land 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.