Middlebury Area Land Trust
Middlebury Area Land Trust: Strong Asset Growth, Consistent Mission Focus
EIN: 222835049 · Middlebury, VT · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $279K |
| Total Expenses | $310K |
| Program Spending | 75% |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Middlebury Area Land Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Middlebury Area Land Trust directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Middlebury Area Land Trust
Middlebury Area Land Trust (EIN: 222835049) is a nonprofit organization based in Middlebury, VT, classified under NTEE code C340. The organization reported total revenue of $279K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middlebury Area Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Middlebury Area Land Trust is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $310K |
| Surplus / Deficit | +$33K |
| Total Assets | $1.6M |
| Total Liabilities | $4K |
| Net Assets | $1.6M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 60.3 months |
Financial Health Grade: A
In 2023, Middlebury Area Land Trust reported a surplus of $33K with revenue exceeding expenses, holds 60.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Middlebury Area Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +28.8% | +4.6% |
| 2022 | -20.1% | +26.5% | -12.9% |
| 2021 | +33.9% | +12.9% | +14.5% |
| 2020 | +66.7% | +11.8% | +16.1% |
| 2019 | +26.0% | +13.5% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Middlebury Area Land Trust 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, Middlebury Area Land Trust 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 $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold, which is a positive indicator for a small nonprofit.
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.
Strengths
The following positive indicators were identified for Middlebury Area Land Trust:
- Consistent growth in assets from $1,269,846 in 2016 to $1,560,896 in 2023, demonstrating financial stability.
- Low liabilities, consistently below 5% of total assets, indicating sound financial management.
- Strong program spending focus, with expenses consistently exceeding administrative and fundraising costs.
Frequently Asked Questions about Middlebury Area Land Trust
Is Middlebury Area Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Middlebury Area Land Trust (EIN: 222835049) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Middlebury Area Land Trust spend its money?
Middlebury Area Land Trust directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Middlebury Area Land Trust tax-deductible?
Middlebury Area Land Trust is registered as a tax-exempt nonprofit (EIN: 222835049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Middlebury Area Land Trust's spending goes to programs?
Middlebury Area Land Trust directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Middlebury Area Land Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Middlebury Area 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 Middlebury Area Land Trust located?
Middlebury Area Land Trust is headquartered in Middlebury, Vermont and files with the IRS under EIN 222835049. It is classified under NTEE code C340.
How many years of IRS 990 filings does Middlebury Area Land Trust have?
Middlebury Area 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 $279K in total revenue.
What does Middlebury Area Land Trust do?
Middlebury Area Land Trust is a nonprofit organization in the Environment sector, located in Middlebury, Vermont. It is classified under NTEE code C340.
How much revenue does Middlebury Area Land Trust have?
Middlebury Area Land Trust reported total revenue of $278,758. Based on 13 IRS 990 filings on record.
What are Middlebury Area Land Trust's total assets?
Middlebury Area Land Trust holds total assets of $1,591,711 as reported in IRS 990 filings.
Where is Middlebury Area Land Trust located?
Middlebury Area Land Trust is based in Middlebury, Vermont.
What is Middlebury Area Land Trust's EIN?
Middlebury Area Land Trust's Employer Identification Number (EIN) is 222835049. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Middlebury Area Land Trust?
Middlebury Area Land Trust is classified under NTEE code C340 (Environment).
Is Middlebury Area Land Trust a registered 501(c)(3)?
Yes, Middlebury Area Land Trust is recognized as a tax-exempt organization by the IRS. EIN: 222835049.
Does Middlebury Area Land Trust file IRS Form 990?
Yes, Middlebury Area Land Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Middlebury Area Land Trust's revenue in 2023?
In the 202309 filing period, Middlebury Area Land Trust reported total revenue of $343,763, total expenses of $310,470, and net assets of $1,560,896.
Is Middlebury Area Land Trust's revenue growing or declining?
Middlebury Area Land Trust's revenue is growing. Revenue went from $307,080 (202209) to $343,763 (202309), a +11.9% change. Based on 13 filings on record.
What is Middlebury Area Land Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Middlebury Area Land Trust covers tax period 202309. It shows revenue of $343,763, expenses of $310,470, total assets of $1,560,896, and liabilities of $3,562.
How much does Middlebury Area Land Trust spend on programs vs administration?
Based on IRS 990 analysis, Middlebury Area Land Trust allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Middlebury Area Land Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Middlebury Area Land Trust appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Middlebury Area Land Trust's strengths?
Positive indicators for Middlebury Area Land Trust include: Consistent growth in assets from $1,269,846 in 2016 to $1,560,896 in 2023, demonstrating financial stability.. Low liabilities, consistently below 5% of total assets, indicating sound financial management.. Strong program spending focus, with expenses consistently exceeding administrative and fundraising costs.. These findings are derived from AI analysis of the organization's financial filings.
How does Middlebury Area Land Trust compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold, which is a positive indicator for a small nonprofit. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Middlebury Area Land Trust manage to maintain such low liabilities relative to its asset base?
The organization appears to operate primarily on grants and donations, avoiding significant debt. Their consistent positive net assets suggest a strong financial planning approach that prioritizes sustainable growth over leveraging.
Filing History
IRS 990 filing history for Middlebury Area Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Middlebury Area Land Trust's revenue has grown by 223.1%, moving from $106K to $344K. Total assets increased by 37.6% over the same period, from $1.1M to $1.6M. Total functional expenses rose by 167.3%, from $116K to $310K. In its most recent filing year (2023), Middlebury Area Land Trust reported a surplus of $33K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $344K | $310K | $1.6M | $4K | — | — |
| 2022 | $307K | $241K | $1.5M | $604 | — | View 990 |
| 2021 | $385K | $191K | $1.7M | $81K | — | View 990 |
| 2020 | $287K | $169K | $1.5M | $78K | — | View 990 |
| 2019 | $172K | $151K | $1.3M | $2K | — | View 990 |
| 2018 | $137K | $133K | $1.3M | $2K | — | View 990 |
| 2017 | $89K | $108K | $1.3M | $2K | — | View 990 |
| 2016 | $68K | $80K | $1.3M | $459 | — | View 990 |
| 2015 | $119K | $84K | $1.2M | $5K | — | View 990 |
| 2014 | $530K | $485K | $1.2M | $3K | — | View 990 |
| 2013 | $162K | $152K | $1.2M | $5K | — | View 990 |
| 2012 | $126K | $65K | $1.2M | $566 | — | View 990 |
| 2011 | $106K | $116K | $1.1M | $351 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $344K, expenses of $310K, and assets of $1.6M (revenue +11.9% year-over-year).
- 2022: Revenue of $307K, expenses of $241K, and assets of $1.5M (revenue -20.1% year-over-year).
- 2021: Revenue of $385K, expenses of $191K, and assets of $1.7M (revenue +33.9% year-over-year).
- 2020: Revenue of $287K, expenses of $169K, and assets of $1.5M (revenue +66.7% year-over-year).
- 2019: Revenue of $172K, expenses of $151K, and assets of $1.3M (revenue +26.0% year-over-year).
- 2018: Revenue of $137K, expenses of $133K, and assets of $1.3M (revenue +53.9% year-over-year).
- 2017: Revenue of $89K, expenses of $108K, and assets of $1.3M (revenue +29.9% year-over-year).
- 2016: Revenue of $68K, expenses of $80K, and assets of $1.3M (revenue -42.3% year-over-year).
- 2015: Revenue of $119K, expenses of $84K, and assets of $1.2M (revenue -77.6% year-over-year).
- 2014: Revenue of $530K, expenses of $485K, and assets of $1.2M (revenue +227.9% year-over-year).
- 2013: Revenue of $162K, expenses of $152K, and assets of $1.2M (revenue +28.2% year-over-year).
- 2012: Revenue of $126K, expenses of $65K, and assets of $1.2M (revenue +18.5% year-over-year).
- 2011: Revenue of $106K, expenses of $116K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Middlebury Area Land Trust:
Data Sources and Methodology
This transparency report for Middlebury Area 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.