Penobscott County Conservation Inc Trust Fund
Penobscott County Conservation Inc Trust Fund shows consistent asset growth and low expenses with zero liabilities.
EIN: 10350683 · Brewer, ME · NTEE: T900 · Updated: 2026-03-28
Is Penobscott County Conservation Inc Trust Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penobscott County Conservation Inc Trust Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penobscott County Conservation Inc Trust Fund
Penobscott County Conservation Inc Trust Fund (EIN: 10350683) is a nonprofit organization based in Brewer, ME, classified under NTEE code T900. The organization reported total revenue of $77K and total assets of $758K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penobscott County Conservation Inc Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penobscott County Conservation Inc Trust Fund is a micro nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $27K |
| Surplus / Deficit | +$49K |
| Total Assets | $758K |
| Net Assets | $758K |
| Operating Margin | 64.5% |
| Months of Reserves | 334.6 months |
Financial Health Grade: A
In 2024, Penobscott County Conservation Inc Trust Fund reported a surplus of $49K with revenue exceeding expenses, holds 334.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Penobscott County Conservation Inc Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +132.3% | -1.1% | +7.0% |
| 2023 | -12.7% | -27.0% | +0.8% |
| 2022 | +0.9% | -25.2% | +0.0% |
| 2021 | -3.7% | +13.1% | -1.8% |
| 2020 | -39.7% | -37.5% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Penobscott County Conservation Inc Trust Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, Penobscott County Conservation Inc Trust Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filing periods, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly efficient for a nonprofit of this size.
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 Penobscott County Conservation Inc Trust Fund:
- Consistent asset growth, reaching $758,489 in 202405.
- Zero liabilities reported across all filing periods, indicating strong financial health.
- 0% officer compensation, demonstrating high efficiency in leadership costs.
- Expenses consistently lower than revenue in recent years, leading to surpluses.
- Strong financial stability and prudent management practices.
Frequently Asked Questions about Penobscott County Conservation Inc Trust Fund
Is Penobscott County Conservation Inc Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Penobscott County Conservation Inc Trust Fund (EIN: 10350683) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Penobscott County Conservation Inc Trust Fund spend its money?
Penobscott County Conservation Inc Trust Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Penobscott County Conservation Inc Trust Fund tax-deductible?
Penobscott County Conservation Inc Trust Fund is registered as a tax-exempt nonprofit (EIN: 10350683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Penobscott County Conservation Inc Trust Fund financially stable?
Yes, the organization is highly financially stable, consistently reporting zero liabilities and growing assets, reaching $758,489 in 202405.
How efficient is Penobscott County Conservation Inc Trust Fund with its spending?
The organization appears very efficient, with expenses ($27,204 in 202405) being significantly lower than its revenue ($76,620), and no reported officer compensation.
Does Penobscott County Conservation Inc Trust Fund pay its executives?
No, the IRS 990 filings consistently show 0% officer compensation, suggesting executives are unpaid or compensated in other capacities not reported as officer compensation.
Has Penobscott County Conservation Inc Trust Fund's assets grown over time?
Yes, the organization's assets have shown consistent growth, increasing from $693,762 in 201505 to $758,489 in 202405.
Filing History
IRS 990 filing history for Penobscott County Conservation Inc Trust Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Penobscott County Conservation Inc Trust Fund's revenue has grown by 245.9%, moving from $22K to $77K. Total assets increased by 6% over the same period, from $716K to $758K. Total functional expenses fell by 19.5%, from $34K to $27K. In its most recent filing year (2024), Penobscott County Conservation Inc Trust Fund reported a surplus of $49K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $77K | $27K | $758K | $0 | — | — |
| 2023 | $33K | $28K | $709K | $0 | — | View 990 |
| 2022 | $38K | $38K | $704K | $0 | — | View 990 |
| 2021 | $37K | $50K | $704K | $0 | — | View 990 |
| 2020 | $39K | $45K | $716K | $0 | — | View 990 |
| 2019 | $64K | $71K | $722K | $0 | — | — |
| 2018 | $45K | $41K | $729K | $0 | — | View 990 |
| 2017 | $64K | $36K | $713K | $0 | — | View 990 |
| 2016 | $31K | $41K | $684K | $0 | — | View 990 |
| 2015 | $27K | $36K | $694K | $0 | — | View 990 |
| 2014 | $63K | $38K | $703K | $0 | — | View 990 |
| 2013 | $36K | $37K | $698K | $0 | — | View 990 |
| 2012 | $22K | $35K | $703K | $0 | — | View 990 |
| 2011 | $22K | $34K | $716K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $77K, expenses of $27K, and assets of $758K (revenue +132.3% year-over-year).
- 2023: Revenue of $33K, expenses of $28K, and assets of $709K (revenue -12.7% year-over-year).
- 2022: Revenue of $38K, expenses of $38K, and assets of $704K (revenue +0.9% year-over-year).
- 2021: Revenue of $37K, expenses of $50K, and assets of $704K (revenue -3.7% year-over-year).
- 2020: Revenue of $39K, expenses of $45K, and assets of $716K (revenue -39.7% year-over-year).
- 2019: Revenue of $64K, expenses of $71K, and assets of $722K (revenue +44.1% year-over-year).
- 2018: Revenue of $45K, expenses of $41K, and assets of $729K (revenue -30.4% year-over-year).
- 2017: Revenue of $64K, expenses of $36K, and assets of $713K (revenue +109.2% year-over-year).
- 2016: Revenue of $31K, expenses of $41K, and assets of $684K (revenue +12.3% year-over-year).
- 2015: Revenue of $27K, expenses of $36K, and assets of $694K (revenue -56.6% year-over-year).
- 2014: Revenue of $63K, expenses of $38K, and assets of $703K (revenue +74.1% year-over-year).
- 2013: Revenue of $36K, expenses of $37K, and assets of $698K (revenue +63.7% year-over-year).
- 2012: Revenue of $22K, expenses of $35K, and assets of $703K (revenue -0.1% year-over-year).
- 2011: Revenue of $22K, expenses of $34K, and assets of $716K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penobscott County Conservation Inc Trust Fund:
Data Sources and Methodology
This transparency report for Penobscott County Conservation Inc Trust Fund 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.