Lowell Parks And Conservation Trust Inc
Lowell Parks And Conservation Trust: Strong Growth, Prudent Spending
EIN: 223070912 · Lowell, MA · NTEE: C500 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $410K |
| Program Spending | 75% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Lowell Parks And Conservation Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lowell Parks And Conservation Trust Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lowell Parks And Conservation Trust Inc
Lowell Parks And Conservation Trust Inc (EIN: 223070912) is a nonprofit organization based in Lowell, MA, classified under NTEE code C500. The organization reported total revenue of $1.2M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lowell Parks And Conservation Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lowell Parks And Conservation Trust Inc is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $410K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $3.4M |
| Total Liabilities | $32K |
| Net Assets | $3.3M |
| Operating Margin | 76.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 98.8 months |
Financial Health Grade: A
In 2023, Lowell Parks And Conservation Trust Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 98.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lowell Parks And Conservation Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +225.5% | -1.6% | +65.8% |
| 2022 | +19.4% | +37.6% | +3.2% |
| 2021 | -1.0% | -13.9% | +7.7% |
| 2020 | +35.2% | +5.9% | +12.2% |
| 2019 | -30.1% | +10.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Lowell Parks And Conservation Trust Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Lowell Parks And Conservation Trust Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the financial filings suggests no reported compensation for key employees, which is unusual for an organization of this size and could indicate it's reported elsewhere or covered by other means.
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 Lowell Parks And Conservation Trust Inc's IRS 990 filings:
- Lack of explicit executive compensation details in the provided financial snapshots (indicated by 'c0%') could obscure a full understanding of leadership costs.
Strengths
The following positive indicators were identified for Lowell Parks And Conservation Trust Inc:
- Significant revenue growth from $261,544 in 2016 to $1,728,082 in 2023 demonstrates increasing support and impact.
- Consistent growth in assets from $1,429,518 to $3,372,673 over the period reflects strong financial management and capacity building.
- Low liabilities relative to assets indicate a financially stable organization with minimal debt.
- The organization's spending appears to prioritize programs, aligning with its mission.
Frequently Asked Questions about Lowell Parks And Conservation Trust Inc
Is Lowell Parks And Conservation Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lowell Parks And Conservation Trust Inc (EIN: 223070912) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Lowell Parks And Conservation Trust Inc spend its money?
Lowell Parks And Conservation Trust Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lowell Parks And Conservation Trust Inc tax-deductible?
Lowell Parks And Conservation Trust Inc is registered as a tax-exempt nonprofit (EIN: 223070912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lowell Parks And Conservation Trust Inc's spending goes to programs?
Lowell Parks And Conservation Trust Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lowell Parks And Conservation Trust Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lowell Parks And Conservation Trust Inc is above average for NTEE category C500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lowell Parks And Conservation Trust Inc located?
Lowell Parks And Conservation Trust Inc is headquartered in Lowell, Massachusetts and files with the IRS under EIN 223070912. It is classified under NTEE code C500.
How many years of IRS 990 filings does Lowell Parks And Conservation Trust Inc have?
Lowell Parks And Conservation Trust Inc has 12 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 $1.2M in total revenue.
What does Lowell Parks And Conservation Trust Inc do?
Lowell Parks And Conservation Trust Inc is a nonprofit organization in the Environment sector, located in Lowell, Massachusetts. It is classified under NTEE code C500.
How much revenue does Lowell Parks And Conservation Trust Inc have?
Lowell Parks And Conservation Trust Inc reported total revenue of $1,160,286. Based on 12 IRS 990 filings on record.
What are Lowell Parks And Conservation Trust Inc's total assets?
Lowell Parks And Conservation Trust Inc holds total assets of $2,751,824 as reported in IRS 990 filings.
Where is Lowell Parks And Conservation Trust Inc located?
Lowell Parks And Conservation Trust Inc is based in Lowell, Massachusetts.
What is Lowell Parks And Conservation Trust Inc's EIN?
Lowell Parks And Conservation Trust Inc's Employer Identification Number (EIN) is 223070912. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lowell Parks And Conservation Trust Inc?
Lowell Parks And Conservation Trust Inc is classified under NTEE code C500 (Environment).
Is Lowell Parks And Conservation Trust Inc a registered 501(c)(3)?
Yes, Lowell Parks And Conservation Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 223070912.
Does Lowell Parks And Conservation Trust Inc file IRS Form 990?
Yes, Lowell Parks And Conservation Trust Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Lowell Parks And Conservation Trust Inc's revenue in 2023?
In the 202306 filing period, Lowell Parks And Conservation Trust Inc reported total revenue of $1,728,082, total expenses of $409,596, and net assets of $3,372,673.
Is Lowell Parks And Conservation Trust Inc's revenue growing or declining?
Lowell Parks And Conservation Trust Inc's revenue is growing. Revenue went from $530,920 (202206) to $1,728,082 (202306), a +225.5% change. Based on 12 filings on record.
What is Lowell Parks And Conservation Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lowell Parks And Conservation Trust Inc covers tax period 202306. It shows revenue of $1,728,082, expenses of $409,596, total assets of $3,372,673, and liabilities of $31,826.
How much does Lowell Parks And Conservation Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Lowell Parks And Conservation Trust Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Lowell Parks And Conservation Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lowell Parks And Conservation Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Lowell Parks And Conservation Trust Inc?
The following concerns were identified: Lack of explicit executive compensation details in the provided financial snapshots (indicated by 'c0%') could obscure a full understanding of leadership costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lowell Parks And Conservation Trust Inc's strengths?
Positive indicators for Lowell Parks And Conservation Trust Inc include: Significant revenue growth from $261,544 in 2016 to $1,728,082 in 2023 demonstrates increasing support and impact.. Consistent growth in assets from $1,429,518 to $3,372,673 over the period reflects strong financial management and capacity building.. Low liabilities relative to assets indicate a financially stable organization with minimal debt.. The organization's spending appears to prioritize programs, aligning with its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Lowell Parks And Conservation Trust Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the financial filings suggests no reported compensation for key employees, which is unusual for an organization of this size and could indicate it's reported elsewhere or covered by other means. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial revenue increase, what specific initiatives or programs contributed most to the growth, particularly the jump from $530,920 in 2022 to $1,728,082 in 2023?
The provided data does not specify program details, but such a significant revenue increase in one year often points to a major grant, successful capital campaign, or a large-scale project that garnered substantial funding.
Filing History
IRS 990 filing history for Lowell Parks And Conservation Trust Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lowell Parks And Conservation Trust Inc's revenue has grown by 728.8%, moving from $208K to $1.7M. Total assets increased by 182.6% over the same period, from $1.2M to $3.4M. Total functional expenses rose by 84.2%, from $222K to $410K. In its most recent filing year (2023), Lowell Parks And Conservation Trust Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $32K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $410K | $3.4M | $32K | — | View 990 |
| 2022 | $531K | $416K | $2.0M | $41K | — | View 990 |
| 2021 | $445K | $302K | $2.0M | $49K | — | — |
| 2020 | $449K | $351K | $1.8M | $113K | — | View 990 |
| 2019 | $332K | $332K | $1.6M | $23K | — | View 990 |
| 2018 | $475K | $301K | $1.6M | $24K | — | View 990 |
| 2017 | $283K | $289K | $1.4M | $6K | — | View 990 |
| 2016 | $262K | $256K | $1.4M | $36K | — | View 990 |
| 2015 | $343K | $265K | $1.4M | $10K | — | View 990 |
| 2014 | $260K | $205K | $1.3M | $16K | — | View 990 |
| 2013 | $239K | $204K | $1.2M | $31K | — | View 990 |
| 2012 | $208K | $222K | $1.2M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $410K, and assets of $3.4M (revenue +225.5% year-over-year).
- 2022: Revenue of $531K, expenses of $416K, and assets of $2.0M (revenue +19.4% year-over-year).
- 2021: Revenue of $445K, expenses of $302K, and assets of $2.0M (revenue -1.0% year-over-year).
- 2020: Revenue of $449K, expenses of $351K, and assets of $1.8M (revenue +35.2% year-over-year).
- 2019: Revenue of $332K, expenses of $332K, and assets of $1.6M (revenue -30.1% year-over-year).
- 2018: Revenue of $475K, expenses of $301K, and assets of $1.6M (revenue +67.8% year-over-year).
- 2017: Revenue of $283K, expenses of $289K, and assets of $1.4M (revenue +8.4% year-over-year).
- 2016: Revenue of $262K, expenses of $256K, and assets of $1.4M (revenue -23.6% year-over-year).
- 2015: Revenue of $343K, expenses of $265K, and assets of $1.4M (revenue +31.9% year-over-year).
- 2014: Revenue of $260K, expenses of $205K, and assets of $1.3M (revenue +8.8% year-over-year).
- 2013: Revenue of $239K, expenses of $204K, and assets of $1.2M (revenue +14.5% year-over-year).
- 2012: Revenue of $208K, expenses of $222K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lowell Parks And Conservation Trust Inc:
Data Sources and Methodology
This transparency report for Lowell Parks And Conservation Trust 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.