Kennebec Estuary Land Trust

Kennebec Estuary Land Trust shows consistent financial growth and zero reported officer compensation over a decade.

EIN: 10446468 · Bath, ME · NTEE: C340 · Updated: 2026-03-28

$1.4MRevenue
$1.4MGross Revenue
$9.7MAssets
92/100Mission Score (Excellent)
C340
Kennebec Estuary Land Trust Financial Summary
MetricValue
Total Revenue$1.4M
Total Expenses$1.6M
Program Spending85%
CEO/Top Officer Pay$10
Net Assets$9.3M
Transparency Score92/100

Search Intent Cockpit

Kennebec Estuary Land Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals

Kennebec Estuary 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 Kennebec Estuary Land Trust in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.2M and expenses of $1.6M.

Revenue and Expenses

Kennebec Estuary Land Trust reported $2.2M in revenue and $1.6M in expenses, a surplus of $587K.

Executive Compensation

Top officer compensation appears as $10 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

92/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Kennebec Estuary Land Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

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

Kennebec Estuary Land Trust Expense Deployment
Program services$1.3M (85%)

Across stored filings, Kennebec Estuary Land Trust shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

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Kennebec Estuary Land Trust Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Environment context

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Kennebec Estuary Land Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kennebec Estuary Land Trust

Kennebec Estuary Land Trust (EIN: 10446468) is a nonprofit organization based in Bath, ME, classified under NTEE code C340. The organization reported total revenue of $1.4M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kennebec Estuary Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Kennebec Estuary Land Trust is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$1.6M
Surplus / Deficit+$587K
Total Assets$9.3M
Total Liabilities$45K
Net Assets$9.3M
Operating Margin27.3%
Debt-to-Asset Ratio0.5%
Months of Reserves71.6 months

Financial Health Grade: A

In 2023, Kennebec Estuary Land Trust reported a surplus of $587K with revenue exceeding expenses, holds 71.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Kennebec Estuary Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+29.0%+207.2%+7.9%
2022+87.4%-3.2%+14.1%
2021-31.4%-18.9%+6.2%
2020-8.7%-32.9%+9.6%
2019+63.2%+66.7%+9.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Kennebec Estuary Land Trust (KELT) demonstrates strong financial health and a consistent commitment to its mission of land conservation. Over the past decade, KELT has shown significant growth in both revenue and assets, with assets nearly doubling from $4.07 million in 2014 to $9.32 million in 2023. The organization consistently operates with a surplus, as evidenced by its 2023 revenue of $2,150,609 exceeding expenses of $1,563,121, indicating sound financial management and the ability to build reserves for future initiatives. This growth suggests effective fundraising and donor support for its conservation efforts. In terms of spending efficiency, KELT appears to allocate a substantial portion of its resources directly to program services. While specific program spending ratios are not provided in the raw data, the consistent surpluses and asset growth suggest that the organization is not overspending on administrative or fundraising activities relative to its mission-driven work. The absence of reported officer compensation across all filings is a notable indicator of transparency and potentially lower administrative overhead, allowing more funds to be directed towards conservation programs. Overall, KELT exhibits a high degree of financial transparency, particularly through its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation. The organization's steady growth in assets and revenue, coupled with responsible expense management, positions it as a financially stable and effective steward of its resources. Its focus on land conservation, as indicated by its NTEE code, is well-supported by its financial performance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kennebec Estuary Land Trust with a Mission Score of 92 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, Kennebec Estuary 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:

$2.2MTotal Revenue
$1.6MTotal Expenses
$9.3MTotal Assets
$45KTotal Liabilities
$9.3MNet Assets
  • The organization reported a surplus of $587K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.5%.

Executive Compensation Analysis

Kennebec Estuary Land Trust consistently reports 0% officer compensation across all available filings, indicating that no officers received reportable compensation from the organization, which is highly unusual for an organization of its size with assets nearing $10 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.

Red Flags

The following concerns were identified during AI analysis of Kennebec Estuary Land Trust's IRS 990 filings:

  • Unusually low reported liabilities relative to assets, which could indicate conservative accounting or specific operational structure.
  • Consistent 0% officer compensation for an organization of this size and asset base is highly unusual and might warrant further inquiry into how leadership is compensated, if at all, or if key roles are volunteer-based.

Strengths

The following positive indicators were identified for Kennebec Estuary Land Trust:

  • Strong and consistent asset growth, nearly doubling over the last decade from $4.07M to $9.32M.
  • Consistent financial surpluses, with revenue regularly exceeding expenses (e.g., $2.15M revenue vs. $1.56M expenses in 2023).
  • Zero reported officer compensation across all filings, indicating a potential for very low administrative overhead or a highly volunteer-driven leadership structure.
  • Excellent financial transparency with 13 consistent IRS 990 filings.
  • Healthy revenue growth, increasing from $1.2M in 2014 to $2.15M in 2023.

Frequently Asked Questions about Kennebec Estuary Land Trust

Is Kennebec Estuary Land Trust a legitimate charity?

Kennebec Estuary Land Trust (EIN: 10446468) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Kennebec Estuary Land Trust spend its money?

Kennebec Estuary Land Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Kennebec Estuary Land Trust tax-deductible?

Kennebec Estuary Land Trust is registered as a tax-exempt nonprofit (EIN: 10446468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Kennebec Estuary Land Trust CEO make?

Kennebec Estuary Land Trust's highest-compensated officer earns $10 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Kennebec Estuary Land Trust's spending goes to programs?

Kennebec Estuary Land Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Kennebec Estuary Land Trust compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Kennebec Estuary 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 Kennebec Estuary Land Trust located?

Kennebec Estuary Land Trust is headquartered in Bath, Maine and files with the IRS under EIN 10446468. It is classified under NTEE code C340.

How many years of IRS 990 filings does Kennebec Estuary Land Trust have?

Kennebec Estuary 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 $1.4M in total revenue.

Is Kennebec Estuary Land Trust financially stable?

Yes, KELT appears very financially stable. Its assets have grown from $4.07 million in 2014 to $9.32 million in 2023, and it consistently reports a surplus, with 2023 revenue of $2,150,609 exceeding expenses of $1,563,121.

How much does Kennebec Estuary Land Trust spend on executive compensation?

Kennebec Estuary Land Trust reports 0% officer compensation in all available IRS 990 filings, meaning no officers received reportable compensation from the organization.

Has Kennebec Estuary Land Trust's revenue been growing?

Yes, KELT's revenue has shown significant growth, increasing from $1,204,377 in 2014 to $2,150,609 in 2023, with some year-to-year fluctuations but a clear upward trend.

What is Kennebec Estuary Land Trust's asset growth over the last decade?

Kennebec Estuary Land Trust's assets have more than doubled over the last decade, growing from $4,073,102 in 2014 to $9,321,385 in 2023.

Filing History

IRS 990 filing history for Kennebec Estuary Land Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Kennebec Estuary Land Trust's revenue has grown by 217.2%, moving from $678K to $2.2M. Total assets increased by 225.9% over the same period, from $2.9M to $9.3M. Total functional expenses rose by 388%, from $320K to $1.6M. In its most recent filing year (2023), Kennebec Estuary Land Trust reported a surplus of $587K, with revenue exceeding expenses. The organization holds $45K in liabilities against $9.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $9.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $1.6M $9.3M $45K
2022 $1.7M $509K $8.6M $44K
2021 $890K $525K $7.6M $26K View 990
2020 $1.3M $648K $7.1M $39K View 990
2019 $1.4M $965K $6.5M $111K View 990
2018 $871K $579K $5.9M $33K View 990
2017 $970K $387K $5.7M $42K View 990
2016 $1.3M $777K $5.0M $27K View 990
2015 $896K $433K $4.5M $23K View 990
2014 $1.2M $634K $4.1M $25K View 990
2013 $990K $424K $3.5M $29K View 990
2012 $1.2M $1.2M $2.9M $0 View 990
2011 $678K $320K $2.9M $5K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $1.6M, and assets of $9.3M (revenue +29.0% year-over-year).
  • 2022: Revenue of $1.7M, expenses of $509K, and assets of $8.6M (revenue +87.4% year-over-year).
  • 2021: Revenue of $890K, expenses of $525K, and assets of $7.6M (revenue -31.4% year-over-year).
  • 2020: Revenue of $1.3M, expenses of $648K, and assets of $7.1M (revenue -8.7% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $965K, and assets of $6.5M (revenue +63.2% year-over-year).
  • 2018: Revenue of $871K, expenses of $579K, and assets of $5.9M (revenue -10.2% year-over-year).
  • 2017: Revenue of $970K, expenses of $387K, and assets of $5.7M (revenue -23.4% year-over-year).
  • 2016: Revenue of $1.3M, expenses of $777K, and assets of $5.0M (revenue +41.3% year-over-year).
  • 2015: Revenue of $896K, expenses of $433K, and assets of $4.5M (revenue -25.6% year-over-year).
  • 2014: Revenue of $1.2M, expenses of $634K, and assets of $4.1M (revenue +21.7% year-over-year).
  • 2013: Revenue of $990K, expenses of $424K, and assets of $3.5M (revenue -18.0% year-over-year).
  • 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $2.9M (revenue +78.1% year-over-year).
  • 2011: Revenue of $678K, expenses of $320K, and assets of $2.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kennebec Estuary Land Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Kennebec Estuary 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.

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