Mahoosuc Land Trust Inc

Mahoosuc Land Trust Inc consistently grows assets with no reported officer compensation.

EIN: 10447619 · Bethel, ME · NTEE: C340 · Updated: 2026-03-28

$1.2MRevenue
$7.5MAssets
92/100Mission Score (Excellent)
C340
Mahoosuc Land Trust Inc Financial Summary
MetricValue
Total Revenue$1.2M
Total Expenses$794K
Program Spending90%
CEO/Top Officer Pay$7.5
Net Assets$6.8M
Transparency Score92/100

Is Mahoosuc Land Trust Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mahoosuc Land Trust Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mahoosuc Land Trust Inc

Mahoosuc Land Trust Inc (EIN: 10447619) is a nonprofit organization based in Bethel, ME, classified under NTEE code C340. The organization reported total revenue of $1.2M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mahoosuc Land Trust Inc'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

Mahoosuc Land Trust Inc 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 19.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$794K
Surplus / Deficit+$240K
Total Assets$7.1M
Total Liabilities$218K
Net Assets$6.8M
Operating Margin23.2%
Debt-to-Asset Ratio3.1%
Months of Reserves106.7 months

Financial Health Grade: A

In 2023, Mahoosuc Land Trust Inc reported a surplus of $240K with revenue exceeding expenses, holds 106.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Mahoosuc Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-30.4%-7.5%+6.3%
2022-83.5%-87.6%+9.6%
2021+870.9%+2599.9%+56.1%
2020+114.9%-9.6%+19.9%
2019-13.3%+37.7%+4.2%

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

Mahoosuc Land Trust Inc demonstrates generally sound financial health, with consistent asset growth over the past decade, reaching $7,545,474 in the latest period. The organization has shown strong revenue generation, particularly in 2021 with a significant spike to $8,974,124, though revenue has normalized in subsequent years. Their expense management appears efficient, with expenses consistently lower than revenue, contributing to asset accumulation. For instance, in 2023, revenue was $1,034,062 against expenses of $794,140. The organization's spending efficiency is commendable, as indicated by the consistent growth in assets and the relatively low liabilities. The NTEE code C340 (Land Trusts) suggests a focus on land conservation, which often involves significant program-related asset acquisition. The absence of reported officer compensation across all available filings suggests a high degree of financial prudence and a strong commitment to directing resources towards their mission, enhancing transparency and public trust. This practice is a significant positive indicator of their operational integrity and dedication to their stated goals.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mahoosuc Land Trust Inc 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

According to IRS 990 filings, Mahoosuc Land Trust Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$1.0MTotal Revenue
$794KTotal Expenses
$7.1MTotal Assets
$218KTotal Liabilities
$6.8MNet Assets

Executive Compensation Analysis

No officer compensation has been reported across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size with assets exceeding $7.5 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 Mahoosuc Land Trust Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Mahoosuc Land Trust Inc:

Frequently Asked Questions about Mahoosuc Land Trust Inc

Is Mahoosuc Land Trust Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mahoosuc Land Trust Inc (EIN: 10447619) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

How does Mahoosuc Land Trust Inc spend its money?

Mahoosuc Land Trust Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Mahoosuc Land Trust Inc tax-deductible?

Mahoosuc Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 10447619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Mahoosuc Land Trust Inc CEO make?

Mahoosuc Land Trust Inc's highest-compensated officer earns $7.5 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mahoosuc Land Trust Inc's spending goes to programs?

Mahoosuc Land Trust Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mahoosuc Land Trust Inc compare to similar nonprofits?

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

Mahoosuc Land Trust Inc is headquartered in Bethel, Maine and files with the IRS under EIN 10447619. It is classified under NTEE code C340.

How many years of IRS 990 filings does Mahoosuc Land Trust Inc have?

Mahoosuc Land Trust Inc 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 $1.2M in total revenue.

Is Mahoosuc Land Trust Inc a good charity?

Based on the available data, Mahoosuc Land Trust Inc appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, and a remarkable commitment to their mission by not reporting any officer compensation.

How has Mahoosuc Land Trust Inc's financial health changed over time?

Mahoosuc Land Trust Inc has shown consistent financial growth, with assets increasing from $1,936,892 in 2014 to $7,545,474 in the latest period. Revenue has fluctuated, with a notable peak in 2021 ($8,974,124), but overall, the trend is positive with expenses well-managed relative to income.

What is the significance of zero officer compensation?

The consistent reporting of zero officer compensation across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of dedication to the mission and efficient use of funds, as resources are not diverted to high executive salaries.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Mahoosuc Land Trust Inc's revenue has grown by 764.6%, moving from $120K to $1.0M. Total assets increased by 338% over the same period, from $1.6M to $7.1M. Total functional expenses rose by 462.9%, from $141K to $794K. In its most recent filing year (2023), Mahoosuc Land Trust Inc reported a surplus of $240K, with revenue exceeding expenses. The organization holds $218K in liabilities against $7.1M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $6.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.0M $794K $7.1M $218K
2022 $1.5M $858K $6.6M $204K View 990
2021 $9.0M $6.9M $6.1M $63K View 990
2020 $924K $257K $3.9M $66K View 990
2019 $430K $284K $3.2M $90K View 990
2018 $496K $206K $3.1M $105K View 990
2017 $576K $352K $2.8M $94K View 990
2016 $683K $219K $2.6M $126K View 990
2015 $357K $188K $2.1M $99K View 990
2014 $249K $181K $1.9M $82K View 990
2013 $298K $188K $1.8M $49K View 990
2012 $257K $159K $1.7M $41K View 990
2011 $120K $141K $1.6M $33K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mahoosuc Land Trust Inc:

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 Mahoosuc Land 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.

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