Land In Common Inc
EIN: 263832721 · Greene, ME · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $889K |
| Total Expenses | $516K |
| Net Assets | $1.2M |
Is Land In Common Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Land In Common Inc
Land In Common Inc (EIN: 263832721) is a nonprofit organization based in Greene, ME, classified under NTEE code S20. The organization reported total revenue of $889K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Land In Common Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Land In Common Inc is a small nonprofit that has been operating for 15 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 38.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $387K |
| Total Expenses | $516K |
| Surplus / Deficit | $-129,356 |
| Total Assets | $1.2M |
| Total Liabilities | $60K |
| Net Assets | $1.2M |
| Operating Margin | -33.4% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 28.9 months |
Financial Health Grade: B
In 2023, Land In Common Inc reported a deficit of $129K with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Land In Common Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.3% | +148.1% | -9.6% |
| 2022 | +31.1% | +115.4% | +35.5% |
| 2021 | +206.2% | +426.8% | +48.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Land In Common Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Land In Common Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Land In Common Inc
Is Land In Common Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Land In Common Inc (EIN: 263832721) insufficient data. 0 red flags identified, 0 strengths noted.
How does Land In Common Inc spend its money?
Detailed spending breakdown data is not yet available for Land In Common Inc. Check back for updated IRS 990 analysis.
Are donations to Land In Common Inc tax-deductible?
Land In Common Inc is registered as a tax-exempt nonprofit (EIN: 263832721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Land In Common Inc located?
Land In Common Inc is headquartered in Greene, Maine and files with the IRS under EIN 263832721. It is classified under NTEE code S20.
How many years of IRS 990 filings does Land In Common Inc have?
Land In Common Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $889K in total revenue.
Filing History
IRS 990 filing history for Land In Common Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Land In Common Inc's revenue has grown by 163.7%, moving from $147K to $387K. Total assets increased by 81.1% over the same period, from $687K to $1.2M. Total functional expenses rose by 2715.5%, from $18K to $516K. In its most recent filing year (2023), Land In Common Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $60K in liabilities against $1.2M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $387K | $516K | $1.2M | $60K | — | — |
| 2022 | $589K | $208K | $1.4M | $64K | — | — |
| 2021 | $449K | $97K | $1.0M | $71K | — | View 990 |
| 2020 | $147K | $18K | $687K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $387K, expenses of $516K, and assets of $1.2M (revenue -34.3% year-over-year).
- 2022: Revenue of $589K, expenses of $208K, and assets of $1.4M (revenue +31.1% year-over-year).
- 2021: Revenue of $449K, expenses of $97K, and assets of $1.0M (revenue +206.2% year-over-year).
- 2020: Revenue of $147K, expenses of $18K, and assets of $687K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Land In Common Inc:
Data Sources and Methodology
This transparency report for Land In Common 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.