Peconic Land Trust Incorporated
Peconic Land Trust consistently grows assets with controlled expenses and no reported officer compensation.
EIN: 112667021 · Southampton, NY · NTEE: C340 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.7M |
| Total Expenses | $7.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $444.5 |
| Net Assets | $420.3M |
| Transparency Score | 92/100 |
Is Peconic Land Trust Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peconic Land Trust Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peconic Land Trust Incorporated
Peconic Land Trust Incorporated (EIN: 112667021) is a nonprofit organization based in Southampton, NY, classified under NTEE code C340. The organization reported total revenue of $47.7M and total assets of $455.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peconic Land Trust Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peconic Land Trust Incorporated is a large nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.4M |
| Total Expenses | $7.5M |
| Surplus / Deficit | +$9.9M |
| Total Assets | $444.5M |
| Total Liabilities | $24.2M |
| Net Assets | $420.3M |
| Operating Margin | 57.0% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 713.1 months |
Financial Health Grade: A
In 2023, Peconic Land Trust Incorporated reported a surplus of $9.9M with revenue exceeding expenses, holds 713.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Peconic Land Trust Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | +13.2% | +2.5% |
| 2022 | -33.7% | +-0.0% | +5.8% |
| 2021 | +92.0% | +9.5% | +8.3% |
| 2020 | +111.5% | +10.6% | +2.7% |
| 2019 | +1.3% | +1.7% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Peconic Land Trust Incorporated with a Mission Score of 92 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Peconic Land Trust Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $9.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size and asset base ($444.5 million in 2023), suggesting either that executive compensation is genuinely zero, or it is reported under different categories (e.g., as staff salaries not specifically 'officer compensation') or through a related entity, which would warrant further investigation for full transparency.
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 Peconic Land Trust Incorporated's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may indicate compensation is reported in other categories or through related entities, requiring further clarification for full transparency.
Strengths
The following positive indicators were identified for Peconic Land Trust Incorporated:
- Strong and consistently growing asset base, reaching $444.5 million in 2023, indicating long-term financial stability and capacity.
- Expenses are consistently well-controlled and significantly lower than revenue in most years, demonstrating efficient financial management (e.g., $7.48 million expenses vs. $17.4 million revenue in 2023).
- Significant revenue generation, with peaks like $28.4 million in 2021 and $17.4 million in 2023, supporting substantial program activities and asset growth.
- Low liabilities relative to assets (e.g., $24.1 million liabilities vs. $444.5 million assets in 2023), indicating a healthy balance sheet.
- The NTEE code C340 (Land Resources Conservation) aligns perfectly with the financial profile of an organization that acquires and holds significant land assets, suggesting strong program focus.
Frequently Asked Questions about Peconic Land Trust Incorporated
Is Peconic Land Trust Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Peconic Land Trust Incorporated (EIN: 112667021) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Peconic Land Trust Incorporated spend its money?
Peconic Land Trust Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peconic Land Trust Incorporated tax-deductible?
Peconic Land Trust Incorporated is registered as a tax-exempt nonprofit (EIN: 112667021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Peconic Land Trust Incorporated CEO make?
Peconic Land Trust Incorporated's highest-compensated officer earns $444.5 annually. The organization reported $47.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Peconic Land Trust Incorporated's spending goes to programs?
Peconic Land Trust Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Peconic Land Trust Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Peconic Land Trust Incorporated 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 Peconic Land Trust Incorporated located?
Peconic Land Trust Incorporated is headquartered in Southampton, New York and files with the IRS under EIN 112667021. It is classified under NTEE code C340.
How many years of IRS 990 filings does Peconic Land Trust Incorporated have?
Peconic Land Trust Incorporated 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 $47.7M in total revenue.
Is Peconic Land Trust Incorporated a good charity?
Based on the available IRS 990 data, Peconic Land Trust appears to be a very good charity. It demonstrates strong financial health with substantial and growing assets ($444.5 million in 2023), controlled expenses (e.g., $7.48 million in 2023), and a consistent surplus. The reported 0% officer compensation is a notable positive for mission focus, though it warrants further inquiry for complete understanding.
How does Peconic Land Trust manage its expenses relative to its revenue?
Peconic Land Trust consistently manages its expenses well below its revenue in most years. For example, in 2023, revenue was $17.4 million while expenses were $7.48 million, resulting in a significant surplus that contributes to its growing asset base. This indicates efficient operations and a strong capacity to reinvest in its mission.
What is the trend in Peconic Land Trust's assets?
Peconic Land Trust has shown a consistent and significant upward trend in its assets, growing from $364.7 million in 2014 to $444.5 million in 2023. This substantial growth reflects successful fundraising, land acquisitions, and prudent financial management, strengthening its long-term capacity for land conservation.
Filing History
IRS 990 filing history for Peconic Land Trust Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Peconic Land Trust Incorporated's revenue has grown by 56%, moving from $11.2M to $17.4M. Total assets increased by 56.1% over the same period, from $284.8M to $444.5M. Total functional expenses rose by 30.8%, from $5.7M to $7.5M. In its most recent filing year (2023), Peconic Land Trust Incorporated reported a surplus of $9.9M, with revenue exceeding expenses. The organization holds $24.2M in liabilities against $444.5M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $420.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.4M | $7.5M | $444.5M | $24.2M | — | — |
| 2022 | $18.9M | $6.6M | $433.9M | $24.2M | — | View 990 |
| 2021 | $28.5M | $6.6M | $410.1M | $11.9M | — | View 990 |
| 2020 | $14.8M | $6.0M | $378.8M | $2.6M | — | View 990 |
| 2019 | $7.0M | $5.5M | $369.0M | $756K | — | View 990 |
| 2018 | $6.9M | $5.4M | $368.0M | $1.7M | — | View 990 |
| 2017 | $4.9M | $4.8M | $367.1M | $2.0M | — | View 990 |
| 2016 | $6.1M | $4.2M | $366.6M | $1.9M | — | View 990 |
| 2015 | $5.4M | $4.1M | $366.6M | $3.9M | — | View 990 |
| 2014 | $9.1M | $4.2M | $364.8M | $3.3M | — | View 990 |
| 2013 | $12.0M | $4.3M | $358.3M | $1.7M | — | View 990 |
| 2012 | $6.2M | $3.9M | $331.5M | $825K | — | View 990 |
| 2011 | $50.8M | $6.5M | $329.0M | $833K | — | View 990 |
| 2010 | $11.2M | $5.7M | $284.8M | $816K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.4M, expenses of $7.5M, and assets of $444.5M (revenue -7.8% year-over-year).
- 2022: Revenue of $18.9M, expenses of $6.6M, and assets of $433.9M (revenue -33.7% year-over-year).
- 2021: Revenue of $28.5M, expenses of $6.6M, and assets of $410.1M (revenue +92.0% year-over-year).
- 2020: Revenue of $14.8M, expenses of $6.0M, and assets of $378.8M (revenue +111.5% year-over-year).
- 2019: Revenue of $7.0M, expenses of $5.5M, and assets of $369.0M (revenue +1.3% year-over-year).
- 2018: Revenue of $6.9M, expenses of $5.4M, and assets of $368.0M (revenue +41.4% year-over-year).
- 2017: Revenue of $4.9M, expenses of $4.8M, and assets of $367.1M (revenue -19.5% year-over-year).
- 2016: Revenue of $6.1M, expenses of $4.2M, and assets of $366.6M (revenue +12.0% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.1M, and assets of $366.6M (revenue -40.0% year-over-year).
- 2014: Revenue of $9.1M, expenses of $4.2M, and assets of $364.8M (revenue -24.3% year-over-year).
- 2013: Revenue of $12.0M, expenses of $4.3M, and assets of $358.3M (revenue +92.8% year-over-year).
- 2012: Revenue of $6.2M, expenses of $3.9M, and assets of $331.5M (revenue -87.8% year-over-year).
- 2011: Revenue of $50.8M, expenses of $6.5M, and assets of $329.0M (revenue +355.3% year-over-year).
- 2010: Revenue of $11.2M, expenses of $5.7M, and assets of $284.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peconic Land Trust Incorporated:
Data Sources and Methodology
This transparency report for Peconic Land Trust Incorporated 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.