Laudholm Trust

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Laudholm Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals

Laudholm 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 Laudholm Trust in one place.

Is Laudholm Trust Legit?

Some Concerns

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

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

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Keep the Investigation Moving

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

About Laudholm Trust

Laudholm Trust (EIN: 10380763) is a nonprofit organization based in Wells, ME, classified under NTEE code C300. The organization reported total revenue of $927K and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laudholm Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Laudholm Trust is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Laudholm Trust reported a deficit of $87K with expenses exceeding revenue, holds 127.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).

Financial Trends

Over 12 years of filings (2012–2023), Laudholm Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.

IRS Tax-Exempt Classification

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 Laudholm 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, Laudholm 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 deficit of $87K, with expenses exceeding revenue.
• Debt-to-asset ratio: 1.6%.

Executive Compensation Analysis

Laudholm Trust consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of its size with over $11 million in assets.

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 Laudholm Trust's IRS 990 filings:

• Expenses exceeded revenue in the most recent two fiscal periods (2023 and 2022), though covered by assets.

Strengths

The following positive indicators were identified for Laudholm Trust:

• Consistent 0% officer compensation across all filings, indicating high transparency and mission focus.
• Significant asset growth from $5.8 million in 2014 to over $11 million in 2023, demonstrating strong financial management.
• Stable revenue generation over the past decade, averaging around $850,000 annually.

Frequently Asked Questions about Laudholm Trust

Filing History

IRS 990 filing history for Laudholm Trust showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Laudholm Trust's revenue has grown by 103.3%, moving from $470K to $955K. Total assets increased by 136.5% over the same period, from $4.7M to $11.1M. Total functional expenses rose by 86.7%, from $558K to $1.0M. In its most recent filing year (2023), Laudholm Trust reported a deficit of $87K, with expenses exceeding revenue. The organization holds $172K in liabilities against $11.1M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $10.9M.

Year-by-Year Financial Summary

• 2023: Revenue of $955K, expenses of $1.0M, and assets of $11.1M (revenue +20.6% year-over-year).
• 2022: Revenue of $791K, expenses of $862K, and assets of $10.0M (revenue -22.7% year-over-year).
• 2021: Revenue of $1.0M, expenses of $774K, and assets of $11.1M (revenue +16.1% year-over-year).
• 2020: Revenue of $882K, expenses of $806K, and assets of $9.0M (revenue +3.8% year-over-year).
• 2019: Revenue of $850K, expenses of $679K, and assets of $8.6M (revenue -14.6% year-over-year).
• 2018: Revenue of $995K, expenses of $695K, and assets of $7.6M (revenue +24.4% year-over-year).
• 2017: Revenue of $800K, expenses of $685K, and assets of $6.9M (revenue +9.2% year-over-year).
• 2016: Revenue of $732K, expenses of $607K, and assets of $6.3M (revenue -14.1% year-over-year).
• 2015: Revenue of $853K, expenses of $689K, and assets of $6.1M (revenue +36.0% year-over-year).
• 2014: Revenue of $627K, expenses of $585K, and assets of $5.8M (revenue -3.4% year-over-year).
• 2013: Revenue of $650K, expenses of $590K, and assets of $5.2M (revenue +38.4% year-over-year).
• 2012: Revenue of $470K, expenses of $558K, and assets of $4.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Laudholm Trust:

Data Sources and Methodology

This transparency report for Laudholm 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.