Harpswell Heritage Land Trust
Harpswell Heritage Land Trust: Strong Financials, Land Preservation Focus
EIN: 222552116 · Harpswell, ME · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $7.3M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Harpswell Heritage Land Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals
Harpswell Heritage Land Trust is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Harpswell Heritage Land Trust in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $1.9M and expenses of $1.7M.
Revenue and Expenses
Harpswell Heritage Land Trust reported $1.9M in revenue and $1.7M in expenses, a surplus of $210K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Harpswell Heritage Land Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.4M (85%) |
Across stored filings, Harpswell Heritage Land Trust shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Environment context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
All Environment
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Harpswell, ME nonprofitsEnvironment in Maine
Environment in Maine
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Environment spending
Best Environment charities in Maine
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Appears Legitimate. Check deductibility, filings, and red flags.
2Understand money
85% of spending goes to programs.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Crabtree Neck Land Trust
Hancock, ME · $836K revenue · Score 95/100
Compare side-by-sideAmerican Legion Post 0019 Thomas W Cole Post
Sanford, ME · $1.1M revenue · Score 85/100
Compare side-by-sideAgamenticus Yacht Club Of York
York Harbor, ME · $325K revenue · Score 85/100
Compare side-by-sideAmerican Legion
Winslow, ME · $226K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Harpswell Heritage Land Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harpswell Heritage Land Trust
Harpswell Heritage Land Trust (EIN: 222552116) is a nonprofit organization based in Harpswell, ME, classified under NTEE code C340. The organization reported total revenue of $1.7M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harpswell Heritage Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harpswell Heritage Land Trust is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$210K |
| Total Assets | $7.3M |
| Total Liabilities | $9K |
| Net Assets | $7.3M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 51.8 months |
Financial Health Grade: A
In 2023, Harpswell Heritage Land Trust reported a surplus of $210K with revenue exceeding expenses, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harpswell Heritage Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.9% | +271.6% | +8.6% |
| 2022 | +7.5% | +14.5% | -29.8% |
| 2021 | -6.7% | +18.3% | +10.0% |
| 2020 | +41.1% | +12.3% | +12.5% |
| 2019 | +107.9% | +10.9% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Harpswell Heritage 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Harpswell Heritage Land Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $210K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is not reported in recent filings, indicating that the organization likely relies on volunteer leadership or has compensation below the reporting threshold, which is a positive for donor confidence.
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 Harpswell Heritage Land Trust:
- Consistently strong revenue growth, with 2023 revenue at $1,904,989, up from $1,053,291 in 2022.
- Healthy asset base, reaching $7,309,371 in 2023, providing long-term stability for land preservation efforts.
- Low liabilities, consistently under $10,000, indicating sound financial management.
- Zero lobbying expenses reported across all available filings, ensuring resources are directed to mission-critical activities.
Frequently Asked Questions about Harpswell Heritage Land Trust
Is Harpswell Heritage Land Trust a legitimate charity?
Harpswell Heritage Land Trust (EIN: 222552116) 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: $1.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Harpswell Heritage Land Trust spend its money?
Harpswell Heritage Land Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harpswell Heritage Land Trust tax-deductible?
Harpswell Heritage Land Trust is registered as a tax-exempt nonprofit (EIN: 222552116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harpswell Heritage Land Trust's spending goes to programs?
Harpswell Heritage Land Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harpswell Heritage Land Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Harpswell Heritage 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 Harpswell Heritage Land Trust located?
Harpswell Heritage Land Trust is headquartered in Harpswell, Maine and files with the IRS under EIN 222552116. It is classified under NTEE code C340.
How many years of IRS 990 filings does Harpswell Heritage Land Trust have?
Harpswell Heritage 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 $1.7M in total revenue.
What does Harpswell Heritage Land Trust do?
Harpswell Heritage Land Trust is a nonprofit organization in the Environment sector, located in Harpswell, Maine. It is classified under NTEE code C340.
How much revenue does Harpswell Heritage Land Trust have?
Harpswell Heritage Land Trust reported total revenue of $1,694,240. Based on 13 IRS 990 filings on record.
What are Harpswell Heritage Land Trust's total assets?
Harpswell Heritage Land Trust holds total assets of $8,636,420 as reported in IRS 990 filings.
Where is Harpswell Heritage Land Trust located?
Harpswell Heritage Land Trust is based in Harpswell, Maine.
What is Harpswell Heritage Land Trust's EIN?
Harpswell Heritage Land Trust's Employer Identification Number (EIN) is 222552116. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Harpswell Heritage Land Trust?
Harpswell Heritage Land Trust is classified under NTEE code C340 (Environment).
Is Harpswell Heritage Land Trust a registered 501(c)(3)?
Yes, Harpswell Heritage Land Trust is recognized as a tax-exempt organization by the IRS. EIN: 222552116.
Does Harpswell Heritage Land Trust file IRS Form 990?
Yes, Harpswell Heritage Land Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Harpswell Heritage Land Trust's revenue in 2023?
In the 202312 filing period, Harpswell Heritage Land Trust reported total revenue of $1,904,989, total expenses of $1,694,898, and net assets of $7,309,371.
Is Harpswell Heritage Land Trust's revenue growing or declining?
Harpswell Heritage Land Trust's revenue is growing. Revenue went from $1,053,291 (202212) to $1,904,989 (202312), a +80.9% change. Based on 13 filings on record.
What is Harpswell Heritage Land Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Harpswell Heritage Land Trust covers tax period 202312. It shows revenue of $1,904,989, expenses of $1,694,898, total assets of $7,309,371, and liabilities of $8,548.
How much does Harpswell Heritage Land Trust spend on programs vs administration?
Based on IRS 990 analysis, Harpswell Heritage Land Trust allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Harpswell Heritage Land Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Harpswell Heritage Land Trust appears trustworthy. Mission Score: 90/100 (Excellent). No red flags identified. 4 strengths noted.
What are Harpswell Heritage Land Trust's strengths?
Positive indicators for Harpswell Heritage Land Trust include: Consistently strong revenue growth, with 2023 revenue at $1,904,989, up from $1,053,291 in 2022.. Healthy asset base, reaching $7,309,371 in 2023, providing long-term stability for land preservation efforts.. Low liabilities, consistently under $10,000, indicating sound financial management.. Zero lobbying expenses reported across all available filings, ensuring resources are directed to mission-critical activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Harpswell Heritage Land Trust compensate executives?
Executive compensation is not reported in recent filings, indicating that the organization likely relies on volunteer leadership or has compensation below the reporting threshold, which is a positive for donor confidence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain such low administrative and fundraising costs while experiencing significant growth in revenue and assets?
The consistent reporting of minimal expenses outside of program services suggests a highly efficient operational model, potentially leveraging volunteer support and community partnerships effectively to minimize overhead.
Given the substantial increase in revenue and assets, what specific land acquisition or conservation projects were undertaken or completed in 2023?
While the filings show strong financial growth, specific details on new land acquisitions or conservation projects funded by the increased revenue would require reviewing their annual reports or program-specific disclosures, which are not included in the provided financial data.
Filing History
IRS 990 filing history for Harpswell Heritage Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harpswell Heritage Land Trust's revenue has grown by 105.7%, moving from $926K to $1.9M. Total assets increased by 73.9% over the same period, from $4.2M to $7.3M. Total functional expenses rose by 1009.9%, from $153K to $1.7M. In its most recent filing year (2023), Harpswell Heritage Land Trust reported a surplus of $210K, with revenue exceeding expenses. The organization holds $9K in liabilities against $7.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $7.3M | $9K | — | — |
| 2022 | $1.1M | $456K | $6.7M | $350 | — | — |
| 2021 | $980K | $398K | $9.6M | $350 | — | View 990 |
| 2020 | $1.1M | $337K | $8.7M | $750 | — | View 990 |
| 2019 | $744K | $300K | $7.7M | $400 | — | View 990 |
| 2018 | $358K | $270K | $7.1M | $650 | — | View 990 |
| 2017 | $490K | $236K | $7.0M | $550 | — | View 990 |
| 2016 | $1.3M | $215K | $6.7M | $0 | — | View 990 |
| 2015 | $1.2M | $254K | $5.6M | $300 | — | View 990 |
| 2014 | $305K | $220K | $4.6M | $0 | — | View 990 |
| 2013 | $448K | $175K | $4.5M | $0 | — | View 990 |
| 2012 | $161K | $144K | $4.2M | $1 | — | View 990 |
| 2011 | $926K | $153K | $4.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $7.3M (revenue +80.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $456K, and assets of $6.7M (revenue +7.5% year-over-year).
- 2021: Revenue of $980K, expenses of $398K, and assets of $9.6M (revenue -6.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $337K, and assets of $8.7M (revenue +41.1% year-over-year).
- 2019: Revenue of $744K, expenses of $300K, and assets of $7.7M (revenue +107.9% year-over-year).
- 2018: Revenue of $358K, expenses of $270K, and assets of $7.1M (revenue -26.9% year-over-year).
- 2017: Revenue of $490K, expenses of $236K, and assets of $7.0M (revenue -62.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $215K, and assets of $6.7M (revenue +8.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $254K, and assets of $5.6M (revenue +296.7% year-over-year).
- 2014: Revenue of $305K, expenses of $220K, and assets of $4.6M (revenue -32.1% year-over-year).
- 2013: Revenue of $448K, expenses of $175K, and assets of $4.5M (revenue +178.6% year-over-year).
- 2012: Revenue of $161K, expenses of $144K, and assets of $4.2M (revenue -82.6% year-over-year).
- 2011: Revenue of $926K, expenses of $153K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harpswell Heritage Land Trust:
Data Sources and Methodology
This transparency report for Harpswell Heritage 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.