Hancock County Trustees Of Public Reservations
Hancock County Trustees Of Public Reservations consistently grows assets with low expenses and no reported officer compensation.
EIN: 10215915 · Ellsworth, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $531K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $16.1M |
| Transparency Score | 95/100 |
Is Hancock County Trustees Of Public Reservations Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hancock County Trustees Of Public Reservations directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hancock County Trustees Of Public Reservations
Hancock County Trustees Of Public Reservations (EIN: 10215915) is a nonprofit organization based in Ellsworth, ME, classified under NTEE code A80. The organization reported total revenue of $2.1M and total assets of $16.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock County Trustees Of Public Reservations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hancock County Trustees Of Public Reservations is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $531K |
| Surplus / Deficit | +$509K |
| Total Assets | $16.1M |
| Total Liabilities | $48K |
| Net Assets | $16.1M |
| Operating Margin | 48.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 364.9 months |
Financial Health Grade: A
In 2023, Hancock County Trustees Of Public Reservations reported a surplus of $509K with revenue exceeding expenses, holds 364.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hancock County Trustees Of Public Reservations's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -73.9% | +15.2% | +7.1% |
| 2022 | +155.8% | +46.2% | +16.8% |
| 2021 | +28.6% | +64.9% | +16.4% |
| 2020 | +49.9% | -31.5% | +10.9% |
| 2019 | -40.1% | -1.0% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
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 Hancock County Trustees Of Public Reservations with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Hancock County Trustees Of Public Reservations allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $509K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization with assets exceeding $16 million.
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 Hancock County Trustees Of Public Reservations:
- Strong program spending efficiency, with expenses consistently much lower than revenue.
- Significant and consistent growth in assets over the past decade, from $4.3M to over $16.1M.
- No reported officer compensation across all filings, indicating a highly volunteer-driven or lean administrative structure.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Hancock County Trustees Of Public Reservations
Is Hancock County Trustees Of Public Reservations a legitimate charity?
Based on AI analysis of IRS 990 filings, Hancock County Trustees Of Public Reservations (EIN: 10215915) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Hancock County Trustees Of Public Reservations spend its money?
Hancock County Trustees Of Public Reservations directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hancock County Trustees Of Public Reservations tax-deductible?
Hancock County Trustees Of Public Reservations is registered as a tax-exempt nonprofit (EIN: 10215915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hancock County Trustees Of Public Reservations CEO make?
Hancock County Trustees Of Public Reservations's highest-compensated officer earns $16 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hancock County Trustees Of Public Reservations's spending goes to programs?
Hancock County Trustees Of Public Reservations directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hancock County Trustees Of Public Reservations compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hancock County Trustees Of Public Reservations is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hancock County Trustees Of Public Reservations located?
Hancock County Trustees Of Public Reservations is headquartered in Ellsworth, Maine and files with the IRS under EIN 10215915. It is classified under NTEE code A80.
How many years of IRS 990 filings does Hancock County Trustees Of Public Reservations have?
Hancock County Trustees Of Public Reservations 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 $2.1M in total revenue.
Is Hancock County Trustees Of Public Reservations a good charity?
Yes, based on its financial data, Hancock County Trustees Of Public Reservations appears to be a very good charity. It demonstrates strong financial health, efficient spending (expenses are consistently a small fraction of revenue), and a clear commitment to its mission with no reported officer compensation.
How has the organization's asset base changed over time?
The organization's assets have grown significantly, from $4,305,831 in 2014 to $16,130,326 in 2023, indicating strong financial growth and sustainability.
What is the trend in revenue versus expenses?
Revenue consistently and significantly exceeds expenses. For example, in 2023, revenue was $1,039,028 while expenses were $530,502, and in 2022, revenue was $3,974,676 against expenses of $460,680, demonstrating excellent financial management.
Filing History
IRS 990 filing history for Hancock County Trustees Of Public Reservations showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hancock County Trustees Of Public Reservations's revenue has grown by 346.3%, moving from $233K to $1.0M. Total assets increased by 396% over the same period, from $3.3M to $16.1M. Total functional expenses rose by 102.5%, from $262K to $531K. In its most recent filing year (2023), Hancock County Trustees Of Public Reservations reported a surplus of $509K, with revenue exceeding expenses. The organization holds $48K in liabilities against $16.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $16.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $531K | $16.1M | $48K | — | — |
| 2022 | $4.0M | $461K | $15.1M | $26K | — | View 990 |
| 2021 | $1.6M | $315K | $12.9M | $27K | — | View 990 |
| 2020 | $1.2M | $191K | $11.1M | $26K | — | View 990 |
| 2019 | $806K | $279K | $10.0M | $48K | — | View 990 |
| 2018 | $1.3M | $282K | $9.2M | $29K | — | View 990 |
| 2017 | $1.1M | $312K | $8.3M | $51K | — | View 990 |
| 2016 | $2.8M | $346K | $7.3M | $60K | — | View 990 |
| 2015 | $667K | $262K | $4.7M | $39K | — | View 990 |
| 2014 | $549K | $345K | $4.3M | $49K | — | View 990 |
| 2013 | $1.1M | $302K | $4.1M | $32K | — | View 990 |
| 2012 | $317K | $256K | $3.3M | $25K | — | View 990 |
| 2011 | $233K | $262K | $3.3M | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $531K, and assets of $16.1M (revenue -73.9% year-over-year).
- 2022: Revenue of $4.0M, expenses of $461K, and assets of $15.1M (revenue +155.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $315K, and assets of $12.9M (revenue +28.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $191K, and assets of $11.1M (revenue +49.9% year-over-year).
- 2019: Revenue of $806K, expenses of $279K, and assets of $10.0M (revenue -40.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $282K, and assets of $9.2M (revenue +27.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $312K, and assets of $8.3M (revenue -61.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $346K, and assets of $7.3M (revenue +314.0% year-over-year).
- 2015: Revenue of $667K, expenses of $262K, and assets of $4.7M (revenue +21.5% year-over-year).
- 2014: Revenue of $549K, expenses of $345K, and assets of $4.3M (revenue -48.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $302K, and assets of $4.1M (revenue +236.4% year-over-year).
- 2012: Revenue of $317K, expenses of $256K, and assets of $3.3M (revenue +36.1% year-over-year).
- 2011: Revenue of $233K, expenses of $262K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hancock County Trustees Of Public Reservations:
Data Sources and Methodology
This transparency report for Hancock County Trustees Of Public Reservations 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.