Greater Worcester Land Trust Inc
Greater Worcester Land Trust: Strong Asset Growth, Consistent Mission Focus
EIN: 222857318 · Worcester, MA · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $537K |
| Total Expenses | $255K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $9.6M |
| Transparency Score | 85/100 |
Is Greater Worcester 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 →
Greater Worcester Land Trust Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Greater Worcester Land Trust Inc
Greater Worcester Land Trust Inc (EIN: 222857318) is a nonprofit organization based in Worcester, MA, classified under NTEE code C340. The organization reported total revenue of $537K and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Worcester Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Worcester Land Trust Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $783K |
| Total Expenses | $255K |
| Surplus / Deficit | +$528K |
| Total Assets | $9.7M |
| Total Liabilities | $38K |
| Net Assets | $9.6M |
| Operating Margin | 67.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 455.0 months |
Financial Health Grade: A
In 2023, Greater Worcester Land Trust Inc reported a surplus of $528K with revenue exceeding expenses, holds 455.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Worcester Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +1.6% | +4.1% |
| 2022 | -46.7% | +20.9% | +2.9% |
| 2021 | +11.9% | -9.7% | +16.2% |
| 2020 | +185.5% | +35.7% | +18.5% |
| 2019 | +130.6% | -3.9% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 Greater Worcester 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Greater Worcester 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $528K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that key employees are compensated below the reporting threshold, which is a positive for donor funds.
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 Greater Worcester Land Trust Inc:
- Consistent growth in total assets, from $6,201,738 in 2018 to $9,683,009 in 2023, demonstrating strong financial stewardship.
- Very low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
- Reported 0% compensation for officers, directors, trustees, and key employees, maximizing funds for programs.
- Consistent revenue generation over multiple years, supporting ongoing operations and land conservation efforts.
Frequently Asked Questions about Greater Worcester Land Trust Inc
Is Greater Worcester Land Trust Inc a legitimate charity?
Greater Worcester Land Trust Inc (EIN: 222857318) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $537K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Greater Worcester Land Trust Inc spend its money?
Greater Worcester Land Trust Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Greater Worcester Land Trust Inc tax-deductible?
Greater Worcester Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 222857318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Worcester Land Trust Inc CEO make?
Greater Worcester Land Trust Inc's highest-compensated officer earns $0 annually. The organization reported $537K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Worcester Land Trust Inc's spending goes to programs?
Greater Worcester Land Trust Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Greater Worcester Land Trust Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Greater Worcester 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 Greater Worcester Land Trust Inc located?
Greater Worcester Land Trust Inc is headquartered in Worcester, Massachusetts and files with the IRS under EIN 222857318. It is classified under NTEE code C340.
How many years of IRS 990 filings does Greater Worcester Land Trust Inc have?
Greater Worcester 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 $537K in total revenue.
What does Greater Worcester Land Trust Inc do?
Greater Worcester Land Trust Inc is a nonprofit organization in the Environment sector, located in Worcester, Massachusetts. It is classified under NTEE code C340.
How much revenue does Greater Worcester Land Trust Inc have?
Greater Worcester Land Trust Inc reported total revenue of $536,657. Based on 13 IRS 990 filings on record.
What are Greater Worcester Land Trust Inc's total assets?
Greater Worcester Land Trust Inc holds total assets of $11,165,669 as reported in IRS 990 filings.
Where is Greater Worcester Land Trust Inc located?
Greater Worcester Land Trust Inc is based in Worcester, Massachusetts.
What is Greater Worcester Land Trust Inc's EIN?
Greater Worcester Land Trust Inc's Employer Identification Number (EIN) is 222857318. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greater Worcester Land Trust Inc?
Greater Worcester Land Trust Inc is classified under NTEE code C340 (Environment).
Is Greater Worcester Land Trust Inc a registered 501(c)(3)?
Yes, Greater Worcester Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222857318.
Does Greater Worcester Land Trust Inc file IRS Form 990?
Yes, Greater Worcester Land Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Greater Worcester Land Trust Inc's revenue in 2023?
In the 202312 filing period, Greater Worcester Land Trust Inc reported total revenue of $783,393, total expenses of $255,400, and net assets of $9,683,009.
Is Greater Worcester Land Trust Inc's revenue growing or declining?
Greater Worcester Land Trust Inc's revenue is relatively stable. Revenue went from $759,272 (202212) to $783,393 (202312), a +3.2% change. Based on 13 filings on record.
What is Greater Worcester Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greater Worcester Land Trust Inc covers tax period 202312. It shows revenue of $783,393, expenses of $255,400, total assets of $9,683,009, and liabilities of $38,132.
How much does Greater Worcester Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Greater Worcester 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 Greater Worcester Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greater Worcester Land Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Greater Worcester Land Trust Inc's strengths?
Positive indicators for Greater Worcester Land Trust Inc include: Consistent growth in total assets, from $6,201,738 in 2018 to $9,683,009 in 2023, demonstrating strong financial stewardship.. Very low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.. Reported 0% compensation for officers, directors, trustees, and key employees, maximizing funds for programs.. Consistent revenue generation over multiple years, supporting ongoing operations and land conservation efforts.. These findings are derived from AI analysis of the organization's financial filings.
How does Greater Worcester Land Trust Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that key employees are compensated below the reporting threshold, which is a positive for donor funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Greater Worcester Land Trust Inc?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, indicating a volunteer-led or very low-paid leadership structure. • Financial filings show consistent revenue and asset growth, with total assets reaching $9,683,009 in 2023. • The organization's liabilities remain very low, at $38,132 in 2023, suggesting strong financial health. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization sustain its operations and growth with $0 reported executive compensation?
The organization likely relies heavily on volunteer efforts for leadership and administrative tasks, or compensation for key personnel falls below the IRS reporting threshold for Form 990, Part VII, Section A. This model allows a greater proportion of funds to be directed towards its mission.
What is the primary driver of the significant increase in total assets from $7,778,217 in 2020 to $9,683,009 in 2023?
The substantial asset growth is likely driven by successful land acquisitions, donations of land or conservation easements, and potentially investment gains, aligning with a land trust's mission to preserve and protect natural spaces.
Filing History
IRS 990 filing history for Greater Worcester Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Worcester Land Trust Inc's revenue has grown by 129%, moving from $342K to $783K. Total assets increased by 121.4% over the same period, from $4.4M to $9.7M. Total functional expenses fell by 54.3%, from $558K to $255K. In its most recent filing year (2023), Greater Worcester Land Trust Inc reported a surplus of $528K, with revenue exceeding expenses. The organization holds $38K in liabilities against $9.7M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $783K | $255K | $9.7M | $38K | — | — |
| 2022 | $759K | $251K | $9.3M | $27K | — | View 990 |
| 2021 | $1.4M | $208K | $9.0M | $174K | — | View 990 |
| 2020 | $1.3M | $230K | $7.8M | $193K | — | View 990 |
| 2019 | $446K | $170K | $6.6M | $27K | — | View 990 |
| 2018 | $194K | $177K | $6.2M | $27K | — | View 990 |
| 2017 | $282K | $184K | $6.3M | $28K | — | View 990 |
| 2016 | $492K | $348K | $6.3M | $192K | — | View 990 |
| 2015 | $604K | $157K | $5.9M | $4K | — | View 990 |
| 2014 | $315K | $299K | $5.5M | $3K | — | View 990 |
| 2013 | $536K | $184K | $5.5M | $17K | — | View 990 |
| 2012 | $1.1M | $341K | $5.2M | $12K | — | View 990 |
| 2011 | $342K | $558K | $4.4M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $783K, expenses of $255K, and assets of $9.7M (revenue +3.2% year-over-year).
- 2022: Revenue of $759K, expenses of $251K, and assets of $9.3M (revenue -46.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $208K, and assets of $9.0M (revenue +11.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $230K, and assets of $7.8M (revenue +185.5% year-over-year).
- 2019: Revenue of $446K, expenses of $170K, and assets of $6.6M (revenue +130.6% year-over-year).
- 2018: Revenue of $194K, expenses of $177K, and assets of $6.2M (revenue -31.3% year-over-year).
- 2017: Revenue of $282K, expenses of $184K, and assets of $6.3M (revenue -42.7% year-over-year).
- 2016: Revenue of $492K, expenses of $348K, and assets of $6.3M (revenue -18.5% year-over-year).
- 2015: Revenue of $604K, expenses of $157K, and assets of $5.9M (revenue +92.0% year-over-year).
- 2014: Revenue of $315K, expenses of $299K, and assets of $5.5M (revenue -41.3% year-over-year).
- 2013: Revenue of $536K, expenses of $184K, and assets of $5.5M (revenue -52.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $341K, and assets of $5.2M (revenue +229.6% year-over-year).
- 2011: Revenue of $342K, expenses of $558K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Worcester Land Trust Inc:
Data Sources and Methodology
This transparency report for Greater Worcester 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.