New York Agricultural Land Trustinc

New York Agricultural Land Trustinc consistently directs funds to programs with no reported officer compensation.

EIN: 205679522 · Elbridge, NY · NTEE: C34 · Updated: 2026-03-28

$4.9MRevenue
$797KAssets
95/100Mission Score (Excellent)
C34
New York Agricultural Land Trustinc Financial Summary
MetricValue
Total Revenue$4.9M
Total Expenses$1.5M
Program Spending98%
Net Assets$554K
Transparency Score95/100

Is New York Agricultural Land Trustinc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

New York Agricultural Land Trustinc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New York Agricultural Land Trustinc

New York Agricultural Land Trustinc (EIN: 205679522) is a nonprofit organization based in Elbridge, NY, classified under NTEE code C34. The organization reported total revenue of $4.9M and total assets of $797K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Agricultural Land Trustinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

New York Agricultural Land Trustinc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.5M
Total Expenses$1.5M
Surplus / Deficit+$25K
Total Assets$2.0M
Total Liabilities$1.5M
Net Assets$554K
Operating Margin1.7%
Debt-to-Asset Ratio72.9%
Months of Reserves16.4 months

Financial Health Grade: A

In 2023, New York Agricultural Land Trustinc reported a surplus of $25K with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 72.9% (high leverage).

Financial Trends

Over 14 years of filings (2010–2023), New York Agricultural Land Trustinc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-72.0%-71.6%+167.6%
2022+98.7%+101.1%+9.5%
2021+2097.4%+1664.5%+17.3%
2020-81.5%-77.2%+38.0%
2019+86.0%+65.0%-53.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New York Agricultural Land Trustinc demonstrates a generally healthy financial position, with recent filings showing substantial revenue and consistent program spending. In fiscal year 2023, the organization reported revenues of $1,524,924 against expenses of $1,499,713, indicating a slight surplus. Their asset base has also grown significantly, reaching $2,048,596 in 2023, up from $765,412 in 2022, though liabilities also increased substantially to $1,494,355 in 2023. The organization consistently spends nearly all of its revenue on its mission, as evidenced by the close proximity of revenues and expenses across multiple years. A notable aspect of their financial management is the consistent reporting of 0% officer compensation, which suggests a strong commitment to directing funds towards their programs rather than executive salaries. This practice enhances their transparency and financial efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Agricultural Land Trustinc with a Mission Score of 95 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: 1%
  • programs: 98%
  • fundraising: 1%

According to IRS 990 filings, New York Agricultural Land Trustinc allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% 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:

$1.5MTotal Revenue
$1.5MTotal Expenses
$2.0MTotal Assets
$1.5MTotal Liabilities
$554KNet Assets
  • The organization reported a surplus of $25K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 72.9%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with revenues reaching millions and suggests a strong volunteer-driven leadership or alternative compensation structures not reported as officer compensation.

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 New York Agricultural Land Trustinc's IRS 990 filings:

  • Significant fluctuation in annual revenue, indicating potential reliance on large, infrequent grants or donations.
  • Substantial increase in liabilities in 2023 without clear explanation in provided data.

Strengths

The following positive indicators were identified for New York Agricultural Land Trustinc:

  • Consistently high program spending ratio, with expenses closely matching revenue.
  • Reported 0% officer compensation, indicating strong commitment to mission-focused spending.
  • Significant growth in assets over recent years, suggesting successful land acquisition or investment.
  • Positive net income in most recent fiscal years, demonstrating financial stability.

Frequently Asked Questions about New York Agricultural Land Trustinc

Is New York Agricultural Land Trustinc a legitimate charity?

New York Agricultural Land Trustinc (EIN: 205679522) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does New York Agricultural Land Trustinc spend its money?

New York Agricultural Land Trustinc directs 98% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.

Are donations to New York Agricultural Land Trustinc tax-deductible?

New York Agricultural Land Trustinc is registered as a tax-exempt nonprofit (EIN: 205679522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New York Agricultural Land Trustinc's spending goes to programs?

New York Agricultural Land Trustinc directs 98% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New York Agricultural Land Trustinc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), New York Agricultural Land Trustinc is above average for NTEE category C34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New York Agricultural Land Trustinc located?

New York Agricultural Land Trustinc is headquartered in Elbridge, New York and files with the IRS under EIN 205679522. It is classified under NTEE code C34.

How many years of IRS 990 filings does New York Agricultural Land Trustinc have?

New York Agricultural Land Trustinc has 14 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 $4.9M in total revenue.

How does New York Agricultural Land Trustinc manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not classified as 'officer compensation' on the 990 form, such as through a related entity or as contractor fees. Further investigation into their operational model would be needed to fully understand this.

What caused the significant increase in liabilities in 2023?

In 2023, liabilities increased from $225,746 to $1,494,355. This substantial jump, alongside a significant increase in assets, could indicate new land acquisitions, major project financing, or other strategic investments that involve debt or deferred revenue. The 990 form's balance sheet details would provide more specific information.

Is the organization's revenue growth sustainable given its fluctuating nature?

The organization's revenue has fluctuated significantly, from $124,953 in 2020 to $5,454,671 in 2022, and then $1,524,924 in 2023. While the overall trend shows growth, the volatility suggests reliance on large, potentially infrequent grants or donations. Sustainability would depend on their ability to secure consistent funding sources.

Filing History

IRS 990 filing history for New York Agricultural Land Trustinc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), New York Agricultural Land Trustinc's revenue has grown by 608.3%, moving from $215K to $1.5M. Total assets increased by 766% over the same period, from $237K to $2.0M. Total functional expenses rose by 704.7%, from $186K to $1.5M. In its most recent filing year (2023), New York Agricultural Land Trustinc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.0M in assets (debt-to-asset ratio: 72.9%), resulting in net assets of $554K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.5M $1.5M $2.0M $1.5M View 990
2022 $5.5M $5.3M $765K $226K View 990
2021 $2.7M $2.6M $699K $323K View 990
2020 $125K $149K $596K $343K
2019 $676K $652K $432K $144K View 990
2018 $363K $395K $925K $661K View 990
2017 $1.5M $1.5M $480K $181K View 990
2016 $77K $82K $445K $167K View 990
2015 $110K $50K $373K $87K View 990
2014 $160K $92K $293K $61K View 990
2013 $84K $101K $268K $133K View 990
2012 $163K $136K $289K $136K View 990
2011 $242K $155K $228K $102K View 990
2010 $215K $186K $237K $197K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $2.0M (revenue -72.0% year-over-year).
  • 2022: Revenue of $5.5M, expenses of $5.3M, and assets of $765K (revenue +98.7% year-over-year).
  • 2021: Revenue of $2.7M, expenses of $2.6M, and assets of $699K (revenue +2097.4% year-over-year).
  • 2020: Revenue of $125K, expenses of $149K, and assets of $596K (revenue -81.5% year-over-year).
  • 2019: Revenue of $676K, expenses of $652K, and assets of $432K (revenue +86.0% year-over-year).
  • 2018: Revenue of $363K, expenses of $395K, and assets of $925K (revenue -76.2% year-over-year).
  • 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $480K (revenue +1886.3% year-over-year).
  • 2016: Revenue of $77K, expenses of $82K, and assets of $445K (revenue -29.9% year-over-year).
  • 2015: Revenue of $110K, expenses of $50K, and assets of $373K (revenue -31.6% year-over-year).
  • 2014: Revenue of $160K, expenses of $92K, and assets of $293K (revenue +91.8% year-over-year).
  • 2013: Revenue of $84K, expenses of $101K, and assets of $268K (revenue -48.6% year-over-year).
  • 2012: Revenue of $163K, expenses of $136K, and assets of $289K (revenue -32.7% year-over-year).
  • 2011: Revenue of $242K, expenses of $155K, and assets of $228K (revenue +12.2% year-over-year).
  • 2010: Revenue of $215K, expenses of $186K, and assets of $237K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York Agricultural Land Trustinc:

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 2010 Filing

Data Sources and Methodology

This transparency report for New York Agricultural Land Trustinc 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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