Orono Land Trust Inc
Orono Land Trust Inc shows consistent asset growth and zero officer compensation over the last decade.
EIN: 10417249 · Orono, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $519K |
| Total Expenses | $43K |
| Program Spending | 90% |
| Net Assets | $869K |
| Transparency Score | 95/100 |
Is Orono Land Trust Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orono Land Trust Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orono Land Trust Inc
Orono Land Trust Inc (EIN: 10417249) is a nonprofit organization based in Orono, ME. The organization reported total revenue of $519K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orono Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orono Land Trust Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $43K |
| Surplus / Deficit | +$108K |
| Total Assets | $869K |
| Net Assets | $869K |
| Operating Margin | 71.4% |
| Months of Reserves | 241.5 months |
Financial Health Grade: A
In 2023, Orono Land Trust Inc reported a surplus of $108K with revenue exceeding expenses, holds 241.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Orono Land Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.6% | +82.1% | +18.4% |
| 2022 | +118.5% | -23.2% | +3.5% |
| 2021 | -69.7% | -69.7% | +6.0% |
| 2020 | +201.1% | +170.7% | +17.4% |
| 2019 | -16.9% | +92.4% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Orono Land Trust Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Orono Land Trust Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:
- The organization reported a surplus of $108K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable and ensures that all financial resources are directed towards the organization's mission rather than executive salaries.
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 Orono Land Trust Inc:
- Consistent asset growth, from $393,618 in 2014 to $869,422 in 2023.
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Expenses consistently well below revenue, demonstrating efficient financial management.
- Low liabilities, with many periods reporting $0 liabilities.
- Strong history of IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Orono Land Trust Inc
Is Orono Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Orono Land Trust Inc (EIN: 10417249) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Orono Land Trust Inc spend its money?
Orono Land Trust Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Orono Land Trust Inc tax-deductible?
Orono Land Trust Inc is registered as a tax-exempt nonprofit (EIN: 10417249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Orono Land Trust Inc's spending goes to programs?
Orono Land Trust Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Orono Land Trust Inc located?
Orono Land Trust Inc is headquartered in Orono, Maine and files with the IRS under EIN 10417249.
How many years of IRS 990 filings does Orono Land Trust Inc have?
Orono 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 $519K in total revenue.
Is Orono Land Trust Inc a good charity?
Based on the provided financial data, Orono Land Trust Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, very low expenses relative to revenue, and a commitment to volunteer leadership with 0% officer compensation.
How has Orono Land Trust Inc's financial health changed over time?
Orono Land Trust Inc's financial health has significantly improved over time. Its assets have more than doubled from $393,618 in 2014 to $869,422 in 2023, indicating strong growth and financial stability.
What is Orono Land Trust Inc's approach to executive compensation?
Orono Land Trust Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests a volunteer-driven leadership model, maximizing resources for its mission.
How efficient is Orono Land Trust Inc with its spending?
Orono Land Trust Inc appears highly efficient with its spending. For example, in 2023, expenses were $43,200 against revenues of $150,941, indicating a large portion of revenue is retained or directed to core programs, especially given the 0% officer compensation.
Filing History
IRS 990 filing history for Orono Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Orono Land Trust Inc's revenue has grown by 66.2%, moving from $91K to $151K. Total assets increased by 150.7% over the same period, from $347K to $869K. Total functional expenses fell by 43.7%, from $77K to $43K. In its most recent filing year (2023), Orono Land Trust Inc reported a surplus of $108K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $43K | $869K | $0 | — | — |
| 2022 | $104K | $24K | $734K | $1K | — | View 990 |
| 2021 | $48K | $31K | $709K | $1K | — | View 990 |
| 2020 | $158K | $102K | $669K | $329 | — | View 990 |
| 2019 | $52K | $38K | $570K | $1K | — | View 990 |
| 2018 | $63K | $20K | $527K | $0 | — | View 990 |
| 2017 | $96K | $41K | $505K | $0 | — | View 990 |
| 2016 | $48K | $13K | $427K | $60 | — | View 990 |
| 2015 | $20K | $19K | $390K | $0 | — | View 990 |
| 2014 | $38K | $26K | $394K | $750 | — | View 990 |
| 2013 | $250K | $54K | $374K | $0 | — | View 990 |
| 2012 | $39K | $16K | $379K | $0 | — | View 990 |
| 2011 | $91K | $77K | $347K | $130 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $43K, and assets of $869K (revenue +44.6% year-over-year).
- 2022: Revenue of $104K, expenses of $24K, and assets of $734K (revenue +118.5% year-over-year).
- 2021: Revenue of $48K, expenses of $31K, and assets of $709K (revenue -69.7% year-over-year).
- 2020: Revenue of $158K, expenses of $102K, and assets of $669K (revenue +201.1% year-over-year).
- 2019: Revenue of $52K, expenses of $38K, and assets of $570K (revenue -16.9% year-over-year).
- 2018: Revenue of $63K, expenses of $20K, and assets of $527K (revenue -34.5% year-over-year).
- 2017: Revenue of $96K, expenses of $41K, and assets of $505K (revenue +101.9% year-over-year).
- 2016: Revenue of $48K, expenses of $13K, and assets of $427K (revenue +142.5% year-over-year).
- 2015: Revenue of $20K, expenses of $19K, and assets of $390K (revenue -48.9% year-over-year).
- 2014: Revenue of $38K, expenses of $26K, and assets of $394K (revenue -84.6% year-over-year).
- 2013: Revenue of $250K, expenses of $54K, and assets of $374K (revenue +547.2% year-over-year).
- 2012: Revenue of $39K, expenses of $16K, and assets of $379K (revenue -57.4% year-over-year).
- 2011: Revenue of $91K, expenses of $77K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orono Land Trust Inc:
Data Sources and Methodology
This transparency report for Orono 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.