Patuxent Tidewater Land Tr
EIN: 522005066 · Leonardtown, MD · NTEE: C340
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $311K |
| Net Assets | $2.0M |
Is Patuxent Tidewater Land Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patuxent Tidewater Land Tr
Patuxent Tidewater Land Tr (EIN: 522005066) is a nonprofit organization based in Leonardtown, MD, classified under NTEE code C340. The organization reported total revenue of $115K and total assets of $689K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patuxent Tidewater Land Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patuxent Tidewater Land Tr is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 55.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $311K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $2.0M |
| Total Liabilities | $5K |
| Net Assets | $2.0M |
| Operating Margin | 83.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 78.6 months |
Financial Health Grade: A
In 2023, Patuxent Tidewater Land Tr reported a surplus of $1.6M with revenue exceeding expenses, holds 78.6 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), Patuxent Tidewater Land Tr's revenue has grown at a compound annual growth rate (CAGR) of 55.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +196.3% | -49.7% | +385.2% |
| 2022 | +25.6% | -38.7% | -3.3% |
| 2021 | -67.8% | +2.9% | -52.4% |
| 2020 | +308.8% | +156.5% | +211.3% |
| 2019 | -35.4% | -54.4% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Patuxent Tidewater Land Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Patuxent Tidewater Land Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Patuxent Tidewater Land Tr
Is Patuxent Tidewater Land Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Patuxent Tidewater Land Tr (EIN: 522005066) insufficient data. 0 red flags identified, 0 strengths noted.
How does Patuxent Tidewater Land Tr spend its money?
Detailed spending breakdown data is not yet available for Patuxent Tidewater Land Tr. Check back for updated IRS 990 analysis.
Are donations to Patuxent Tidewater Land Tr tax-deductible?
Patuxent Tidewater Land Tr is registered as a tax-exempt nonprofit (EIN: 522005066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patuxent Tidewater Land Tr located?
Patuxent Tidewater Land Tr is headquartered in Leonardtown, Maryland and files with the IRS under EIN 522005066. It is classified under NTEE code C340.
How many years of IRS 990 filings does Patuxent Tidewater Land Tr have?
Patuxent Tidewater Land Tr 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 $115K in total revenue.
Filing History
IRS 990 filing history for Patuxent Tidewater Land Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Patuxent Tidewater Land Tr's revenue has grown by 20003.6%, moving from $10K to $1.9M. Total assets increased by 883% over the same period, from $207K to $2.0M. Total functional expenses rose by 1151.4%, from $25K to $311K. In its most recent filing year (2023), Patuxent Tidewater Land Tr reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $5K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $311K | $2.0M | $5K | — | View 990 |
| 2022 | $649K | $617K | $419K | $254 | — | View 990 |
| 2021 | $517K | $1.0M | $434K | $191 | — | — |
| 2020 | $1.6M | $979K | $912K | $305 | — | View 990 |
| 2019 | $393K | $382K | $293K | $180 | — | View 990 |
| 2018 | $609K | $838K | $272K | $30K | — | View 990 |
| 2017 | $291K | $117K | $507K | $30K | — | View 990 |
| 2016 | $1.1M | $1.8M | $279K | $0 | — | View 990 |
| 2015 | $803K | $73K | $977K | $0 | — | View 990 |
| 2014 | $128K | $1.5M | $247K | $0 | — | View 990 |
| 2013 | $791K | $70K | $1.6M | $0 | — | View 990 |
| 2012 | $1.1M | $477K | $874K | $0 | — | View 990 |
| 2011 | $10K | $25K | $207K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $311K, and assets of $2.0M (revenue +196.3% year-over-year).
- 2022: Revenue of $649K, expenses of $617K, and assets of $419K (revenue +25.6% year-over-year).
- 2021: Revenue of $517K, expenses of $1.0M, and assets of $434K (revenue -67.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $979K, and assets of $912K (revenue +308.8% year-over-year).
- 2019: Revenue of $393K, expenses of $382K, and assets of $293K (revenue -35.4% year-over-year).
- 2018: Revenue of $609K, expenses of $838K, and assets of $272K (revenue +108.9% year-over-year).
- 2017: Revenue of $291K, expenses of $117K, and assets of $507K (revenue -74.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.8M, and assets of $279K (revenue +42.9% year-over-year).
- 2015: Revenue of $803K, expenses of $73K, and assets of $977K (revenue +526.7% year-over-year).
- 2014: Revenue of $128K, expenses of $1.5M, and assets of $247K (revenue -83.8% year-over-year).
- 2013: Revenue of $791K, expenses of $70K, and assets of $1.6M (revenue -30.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $477K, and assets of $874K (revenue +11864.2% year-over-year).
- 2011: Revenue of $10K, expenses of $25K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patuxent Tidewater Land Tr:
Data Sources and Methodology
This transparency report for Patuxent Tidewater Land Tr 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.