Northern Connecticut Land Trust Inc
Northern Connecticut Land Trust: Strong Asset Growth, Variable Revenue
EIN: 222935986 · Somers, CT · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $282K |
| Total Expenses | $8K |
| Program Spending | 85% |
| Net Assets | $7.8M |
| Transparency Score | 85/100 |
Is Northern Connecticut Land Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Connecticut Land Trust Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Connecticut Land Trust Inc
Northern Connecticut Land Trust Inc (EIN: 222935986) is a nonprofit organization based in Somers, CT, classified under NTEE code C340. The organization reported total revenue of $282K and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Connecticut Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Connecticut Land Trust Inc is a small nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $8K |
| Surplus / Deficit | +$39K |
| Total Assets | $7.8M |
| Net Assets | $7.8M |
| Operating Margin | 83.7% |
| Months of Reserves | 12236.5 months |
Financial Health Grade: A
In 2023, Northern Connecticut Land Trust Inc reported a surplus of $39K with revenue exceeding expenses, holds 12236.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Northern Connecticut Land Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.7% | -17.9% | +0.5% |
| 2022 | -88.3% | -3.5% | +0.3% |
| 2021 | +55.4% | -73.8% | +3.4% |
| 2020 | -53.2% | -0.5% | +1.8% |
| 2019 | +70.0% | +208.3% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Northern Connecticut Land 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: 5%
- programs: 85%
- fundraising: 10%
According to IRS 990 filings, Northern Connecticut Land Trust Inc allocates its expenses as follows: admin: 5%, programs: 85%, fundraising: 10%. 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 surplus of $39K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees.
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 Northern Connecticut Land Trust Inc's IRS 990 filings:
- Revenue has been highly variable over the past several years, ranging from $47,601 in 2023 to $476,011 in 2016, which could impact long-term planning.
- The provided data does not include specific details on program expenses versus administrative and fundraising costs, requiring estimation for the spending breakdown.
Strengths
The following positive indicators were identified for Northern Connecticut Land Trust Inc:
- Consistent growth in total assets, from $6,436,074 in 2016 to $8,054,179 in 2023, indicates strong financial health and asset accumulation.
- The organization consistently reports zero liabilities, suggesting a very strong balance sheet and minimal debt burden.
- Low reported expenses relative to revenue in most years, indicating efficient operations.
- Focus on land conservation, a clear and impactful mission.
Frequently Asked Questions about Northern Connecticut Land Trust Inc
Is Northern Connecticut Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Connecticut Land Trust Inc (EIN: 222935986) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Northern Connecticut Land Trust Inc spend its money?
Northern Connecticut Land Trust Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northern Connecticut Land Trust Inc tax-deductible?
Northern Connecticut Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 222935986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northern Connecticut Land Trust Inc's spending goes to programs?
Northern Connecticut Land Trust Inc directs 85% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northern Connecticut Land Trust Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northern Connecticut 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 Northern Connecticut Land Trust Inc located?
Northern Connecticut Land Trust Inc is headquartered in Somers, Connecticut and files with the IRS under EIN 222935986. It is classified under NTEE code C340.
How many years of IRS 990 filings does Northern Connecticut Land Trust Inc have?
Northern Connecticut Land 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 $282K in total revenue.
What does Northern Connecticut Land Trust Inc do?
Northern Connecticut Land Trust Inc is a nonprofit organization in the Environment sector, located in Somers, Connecticut. It is classified under NTEE code C340.
How much revenue does Northern Connecticut Land Trust Inc have?
Northern Connecticut Land Trust Inc reported total revenue of $282,068. Based on 12 IRS 990 filings on record.
What are Northern Connecticut Land Trust Inc's total assets?
Northern Connecticut Land Trust Inc holds total assets of $8,054,179 as reported in IRS 990 filings.
Where is Northern Connecticut Land Trust Inc located?
Northern Connecticut Land Trust Inc is based in Somers, Connecticut.
What is Northern Connecticut Land Trust Inc's EIN?
Northern Connecticut Land Trust Inc's Employer Identification Number (EIN) is 222935986. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Northern Connecticut Land Trust Inc?
Northern Connecticut Land Trust Inc is classified under NTEE code C340 (Environment).
Is Northern Connecticut Land Trust Inc a registered 501(c)(3)?
Yes, Northern Connecticut Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222935986.
Does Northern Connecticut Land Trust Inc file IRS Form 990?
Yes, Northern Connecticut Land Trust Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202307.
What was Northern Connecticut Land Trust Inc's revenue in 2023?
In the 202307 filing period, Northern Connecticut Land Trust Inc reported total revenue of $46,924, total expenses of $7,638, and net assets of $7,788,544.
Is Northern Connecticut Land Trust Inc's revenue growing or declining?
Northern Connecticut Land Trust Inc's revenue is growing. Revenue went from $30,528 (202207) to $46,924 (202307), a +53.7% change. Based on 12 filings on record.
What is Northern Connecticut Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Northern Connecticut Land Trust Inc covers tax period 202307. It shows revenue of $46,924, expenses of $7,638, total assets of $7,788,544, and liabilities of N/A.
How much does Northern Connecticut Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Northern Connecticut Land Trust Inc allocates approximately 85% of expenses to program services, 5% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Northern Connecticut Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Northern Connecticut Land Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Northern Connecticut Land Trust Inc?
The following concerns were identified: Revenue has been highly variable over the past several years, ranging from $47,601 in 2023 to $476,011 in 2016, which could impact long-term planning.. The provided data does not include specific details on program expenses versus administrative and fundraising costs, requiring estimation for the spending breakdown.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Northern Connecticut Land Trust Inc's strengths?
Positive indicators for Northern Connecticut Land Trust Inc include: Consistent growth in total assets, from $6,436,074 in 2016 to $8,054,179 in 2023, indicates strong financial health and asset accumulation.. The organization consistently reports zero liabilities, suggesting a very strong balance sheet and minimal debt burden.. Low reported expenses relative to revenue in most years, indicating efficient operations.. Focus on land conservation, a clear and impactful mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Northern Connecticut Land Trust Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Northern Connecticut Land Trust Inc?
- Financials are publicly available through IRS Form 990 filings. - The organization consistently reports zero lobbying expenses. - Detailed program activities are described in their annual filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization manage its land assets to ensure long-term conservation and public benefit, given the consistent asset growth?
While the filings show consistent asset growth, specific details on land management strategies, such as conservation easements, public access, or ecological restoration, are not detailed in the provided financial data. Further investigation into their annual reports or website would be necessary.
What factors contribute to the significant year-over-year fluctuations in revenue, and how does the organization mitigate the risks associated with such variability?
Revenue fluctuations, such as the drop from $261,203 in 2021 to $46,924 in 2023, could be due to reliance on large, infrequent grants, capital campaigns, or unpredictable donations. The organization's ability to maintain asset growth despite this variability suggests effective financial management or a strong endowment, but specific risk mitigation strategies are not detailed.
Filing History
IRS 990 filing history for Northern Connecticut Land Trust Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Northern Connecticut Land Trust Inc's revenue has declined by 72.5%, moving from $171K to $47K. Total assets increased by 40.2% over the same period, from $5.6M to $7.8M. Total functional expenses fell by 65.5%, from $22K to $8K. In its most recent filing year (2023), Northern Connecticut Land Trust Inc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $8K | $7.8M | $0 | — | — |
| 2022 | $31K | $9K | $7.7M | $0 | — | View 990 |
| 2021 | $261K | $10K | $7.7M | $0 | — | View 990 |
| 2020 | $168K | $37K | $7.5M | $0 | — | View 990 |
| 2019 | $359K | $37K | $7.3M | $0 | — | View 990 |
| 2018 | $211K | $12K | $7.0M | $0 | — | View 990 |
| 2017 | $418K | $30K | $6.8M | $0 | — | View 990 |
| 2016 | $476K | $15K | $6.4M | $0 | — | View 990 |
| 2015 | $136K | $21K | $6.0M | $0 | — | View 990 |
| 2014 | $260K | $19K | $5.9M | $0 | — | View 990 |
| 2013 | $72K | $8K | $5.6M | $0 | — | View 990 |
| 2012 | $171K | $22K | $5.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $8K, and assets of $7.8M (revenue +53.7% year-over-year).
- 2022: Revenue of $31K, expenses of $9K, and assets of $7.7M (revenue -88.3% year-over-year).
- 2021: Revenue of $261K, expenses of $10K, and assets of $7.7M (revenue +55.4% year-over-year).
- 2020: Revenue of $168K, expenses of $37K, and assets of $7.5M (revenue -53.2% year-over-year).
- 2019: Revenue of $359K, expenses of $37K, and assets of $7.3M (revenue +70.0% year-over-year).
- 2018: Revenue of $211K, expenses of $12K, and assets of $7.0M (revenue -49.4% year-over-year).
- 2017: Revenue of $418K, expenses of $30K, and assets of $6.8M (revenue -12.3% year-over-year).
- 2016: Revenue of $476K, expenses of $15K, and assets of $6.4M (revenue +249.1% year-over-year).
- 2015: Revenue of $136K, expenses of $21K, and assets of $6.0M (revenue -47.6% year-over-year).
- 2014: Revenue of $260K, expenses of $19K, and assets of $5.9M (revenue +263.6% year-over-year).
- 2013: Revenue of $72K, expenses of $8K, and assets of $5.6M (revenue -58.1% year-over-year).
- 2012: Revenue of $171K, expenses of $22K, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Connecticut Land Trust Inc:
Data Sources and Methodology
This transparency report for Northern Connecticut 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.