Georgetown Trust For Conservation And Preservation Inc
Georgetown Trust For Conservation And Preservation Inc consistently spends more than it earns, drawing down assets.
EIN: 200365020 · Georgetown, CO · NTEE: A80 · Updated: 2026-03-28
Is Georgetown Trust For Conservation And Preservation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georgetown Trust For Conservation And Preservation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georgetown Trust For Conservation And Preservation Inc
Georgetown Trust For Conservation And Preservation Inc (EIN: 200365020) is a nonprofit organization based in Georgetown, CO, classified under NTEE code A80. The organization reported total revenue of $825K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgetown Trust For Conservation And Preservation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgetown Trust For Conservation And Preservation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $499K |
| Total Expenses | $765K |
| Surplus / Deficit | $-266,166 |
| Total Assets | $3.3M |
| Total Liabilities | $122K |
| Net Assets | $3.2M |
| Operating Margin | -53.3% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 52.1 months |
Financial Health Grade: B
In 2023, Georgetown Trust For Conservation And Preservation Inc reported a deficit of $266K with expenses exceeding revenue, holds 52.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Georgetown Trust For Conservation And Preservation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | +11.6% | -4.4% |
| 2022 | -2.7% | +22.5% | -7.2% |
| 2021 | -31.7% | +20.6% | -3.6% |
| 2020 | +50.1% | -14.9% | +3.0% |
| 2019 | +10.8% | +4.6% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Georgetown Trust For Conservation And Preservation 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: 80%
- fundraising: 5%
According to IRS 990 filings, Georgetown Trust For Conservation And Preservation Inc 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 deficit of $266K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size with over $3 million in assets.
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 Georgetown Trust For Conservation And Preservation Inc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $765,151 vs. revenue $498,985).
- Declining asset base over the past several years, indicating reliance on reserves.
- Unusually low (0%) reported officer compensation for an organization of this asset size, which could indicate reliance on volunteer leadership or alternative compensation structures not fully transparent in this summary.
Strengths
The following positive indicators were identified for Georgetown Trust For Conservation And Preservation Inc:
- Strong asset base, despite recent declines, providing a buffer for operations ($3,471,658 current assets).
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Very low liabilities across all periods, indicating sound debt management.
- No reported officer compensation, suggesting all funds are directed towards mission or operational costs.
Frequently Asked Questions about Georgetown Trust For Conservation And Preservation Inc
Is Georgetown Trust For Conservation And Preservation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgetown Trust For Conservation And Preservation Inc (EIN: 200365020) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Georgetown Trust For Conservation And Preservation Inc spend its money?
Georgetown Trust For Conservation And Preservation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Georgetown Trust For Conservation And Preservation Inc tax-deductible?
Georgetown Trust For Conservation And Preservation Inc is registered as a tax-exempt nonprofit (EIN: 200365020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Georgetown Trust For Conservation And Preservation Inc financially sustainable given its recent spending trends?
The organization has consistently spent more than its revenue in recent years (e.g., $765,151 expenses vs. $498,985 revenue in 2023), leading to a decrease in assets from $3,883,110 in 2020 to $3,321,293 in 2023. This trend is not sustainable long-term without increased revenue or reduced expenses.
How does the lack of officer compensation impact the organization's operations?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means not reported as officer compensation. While this can maximize funds for programs, it raises questions about the sustainability and professional management of an organization with over $3 million in assets.
What is the primary source of the organization's revenue?
The provided data only shows total revenue. To understand the primary source, a detailed look at the IRS 990 forms would be needed to identify contributions, grants, program service revenue, investment income, etc.
Are the decreasing assets a concern for the organization's future?
Yes, the decrease in assets from $4,306,378 in 2015 to $3,321,293 in 2023, particularly the more rapid decline in recent years due to deficit spending, is a concern for the organization's long-term financial health and ability to fund future projects.
Filing History
IRS 990 filing history for Georgetown Trust For Conservation And Preservation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Georgetown Trust For Conservation And Preservation Inc's revenue has declined by 10.3%, moving from $556K to $499K. Total assets increased by 4.7% over the same period, from $3.2M to $3.3M. Total functional expenses rose by 107%, from $370K to $765K. In its most recent filing year (2023), Georgetown Trust For Conservation And Preservation Inc reported a deficit of $266K, with expenses exceeding revenue. The organization holds $122K in liabilities against $3.3M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $499K | $765K | $3.3M | $122K | — | View 990 |
| 2022 | $408K | $686K | $3.5M | $19K | — | View 990 |
| 2021 | $419K | $560K | $3.7M | $9K | — | View 990 |
| 2020 | $613K | $464K | $3.9M | $9K | — | View 990 |
| 2019 | $409K | $545K | $3.8M | $44K | — | View 990 |
| 2018 | $369K | $522K | $3.9M | $25K | — | View 990 |
| 2017 | $423K | $545K | $4.0M | $17K | — | — |
| 2016 | $376K | $497K | $4.2M | $21K | — | View 990 |
| 2015 | $763K | $594K | $4.3M | $50K | — | View 990 |
| 2014 | $827K | $562K | $4.1M | $38K | — | View 990 |
| 2013 | $831K | $535K | $3.9M | $54K | — | View 990 |
| 2012 | $934K | $508K | $3.7M | $140K | — | View 990 |
| 2011 | $556K | $370K | $3.2M | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $499K, expenses of $765K, and assets of $3.3M (revenue +22.3% year-over-year).
- 2022: Revenue of $408K, expenses of $686K, and assets of $3.5M (revenue -2.7% year-over-year).
- 2021: Revenue of $419K, expenses of $560K, and assets of $3.7M (revenue -31.7% year-over-year).
- 2020: Revenue of $613K, expenses of $464K, and assets of $3.9M (revenue +50.1% year-over-year).
- 2019: Revenue of $409K, expenses of $545K, and assets of $3.8M (revenue +10.8% year-over-year).
- 2018: Revenue of $369K, expenses of $522K, and assets of $3.9M (revenue -12.8% year-over-year).
- 2017: Revenue of $423K, expenses of $545K, and assets of $4.0M (revenue +12.4% year-over-year).
- 2016: Revenue of $376K, expenses of $497K, and assets of $4.2M (revenue -50.6% year-over-year).
- 2015: Revenue of $763K, expenses of $594K, and assets of $4.3M (revenue -7.8% year-over-year).
- 2014: Revenue of $827K, expenses of $562K, and assets of $4.1M (revenue -0.5% year-over-year).
- 2013: Revenue of $831K, expenses of $535K, and assets of $3.9M (revenue -11.0% year-over-year).
- 2012: Revenue of $934K, expenses of $508K, and assets of $3.7M (revenue +67.9% year-over-year).
- 2011: Revenue of $556K, expenses of $370K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgetown Trust For Conservation And Preservation Inc:
Data Sources and Methodology
This transparency report for Georgetown Trust For Conservation And Preservation 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.