Richmond Land Trust
Richmond Land Trust: Strong Asset Growth, Consistent Mission Focus
EIN: 222859809 · Richmond, VT · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $784K |
| Total Expenses | $24K |
| Program Spending | 89% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Richmond Land Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richmond Land Trust directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richmond Land Trust
Richmond Land Trust (EIN: 222859809) is a nonprofit organization based in Richmond, VT, classified under NTEE code C340. The organization reported total revenue of $784K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richmond Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richmond Land Trust is a small nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $24K |
| Surplus / Deficit | +$236K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 90.9% |
| Months of Reserves | 651.0 months |
Financial Health Grade: A
In 2023, Richmond Land Trust reported a surplus of $236K with revenue exceeding expenses, holds 651.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Richmond Land Trust's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | -17.7% | +23.7% |
| 2022 | +92.7% | +81.1% | +26.3% |
| 2021 | +148.1% | -18.7% | +18.1% |
| 2020 | -34.4% | +0.7% | +6.4% |
| 2019 | +7.3% | +90.5% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Richmond Land Trust 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: 8%
- programs: 89%
- fundraising: 3%
According to IRS 990 filings, Richmond Land Trust allocates its expenses as follows: admin: 8%, programs: 89%, fundraising: 3%. With 89% 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 $236K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported on available filings, suggesting it is below the $150,000 threshold for individual reporting, which is positive 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 Richmond Land Trust:
- Consistent growth in assets from $453,454 in 2016 to $1,286,027 in 2023, indicating strong financial health and donor confidence.
- Low fundraising expenses, with only $23,707 reported in 2023, demonstrating efficient resource allocation.
- Strong program spending, consistently allocating a high percentage of expenses to direct conservation efforts.
- Zero reported liabilities and no unrelated business income, indicating a focused and fiscally responsible operation.
Frequently Asked Questions about Richmond Land Trust
Is Richmond Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Richmond Land Trust (EIN: 222859809) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Richmond Land Trust spend its money?
Richmond Land Trust directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Richmond Land Trust tax-deductible?
Richmond Land Trust is registered as a tax-exempt nonprofit (EIN: 222859809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Richmond Land Trust CEO make?
Richmond Land Trust's highest-compensated officer earns $150,000 annually. The organization reported $784K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Richmond Land Trust's spending goes to programs?
Richmond Land Trust directs 89% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Richmond Land Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Richmond Land Trust 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 Richmond Land Trust located?
Richmond Land Trust is headquartered in Richmond, Vermont and files with the IRS under EIN 222859809. It is classified under NTEE code C340.
How many years of IRS 990 filings does Richmond Land Trust have?
Richmond Land Trust has 10 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 $784K in total revenue.
What does Richmond Land Trust do?
Richmond Land Trust is a nonprofit organization in the Environment sector, located in Richmond, Vermont. It is classified under NTEE code C340.
How much revenue does Richmond Land Trust have?
Richmond Land Trust reported total revenue of $784,411. Based on 10 IRS 990 filings on record.
What are Richmond Land Trust's total assets?
Richmond Land Trust holds total assets of $1,469,366 as reported in IRS 990 filings.
Where is Richmond Land Trust located?
Richmond Land Trust is based in Richmond, Vermont.
What is Richmond Land Trust's EIN?
Richmond Land Trust's Employer Identification Number (EIN) is 222859809. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Richmond Land Trust?
Richmond Land Trust is classified under NTEE code C340 (Environment).
Is Richmond Land Trust a registered 501(c)(3)?
Yes, Richmond Land Trust is recognized as a tax-exempt organization by the IRS. EIN: 222859809.
Does Richmond Land Trust file IRS Form 990?
Yes, Richmond Land Trust has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Richmond Land Trust's revenue in 2023?
In the 202312 filing period, Richmond Land Trust reported total revenue of $259,590, total expenses of $23,707, and net assets of $1,286,027.
Is Richmond Land Trust's revenue growing or declining?
Richmond Land Trust's revenue is relatively stable. Revenue went from $258,713 (202212) to $259,590 (202312), a +0.3% change. Based on 10 filings on record.
What is Richmond Land Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Richmond Land Trust covers tax period 202312. It shows revenue of $259,590, expenses of $23,707, total assets of $1,286,027, and liabilities of N/A.
How much does Richmond Land Trust spend on programs vs administration?
Based on IRS 990 analysis, Richmond Land Trust allocates approximately 89% of expenses to program services, 8% to administrative costs, and 3% to fundraising. This indicates strong program focus.
Is Richmond Land Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Richmond Land Trust appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Richmond Land Trust's strengths?
Positive indicators for Richmond Land Trust include: Consistent growth in assets from $453,454 in 2016 to $1,286,027 in 2023, indicating strong financial health and donor confidence.. Low fundraising expenses, with only $23,707 reported in 2023, demonstrating efficient resource allocation.. Strong program spending, consistently allocating a high percentage of expenses to direct conservation efforts.. Zero reported liabilities and no unrelated business income, indicating a focused and fiscally responsible operation.. These findings are derived from AI analysis of the organization's financial filings.
How does Richmond Land Trust compensate executives?
Executive compensation is not reported on available filings, suggesting it is below the $150,000 threshold for individual reporting, which is positive for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Richmond Land Trust manage to achieve such significant asset growth with relatively low reported revenue in some years?
The asset growth appears to be driven by a combination of consistent, albeit sometimes modest, annual revenue and potentially significant non-cash contributions (e.g., land donations) which increase assets without being fully reflected in cash revenue figures on the 990-EZ, or through investment gains on existing assets.
Given the 'C340' National Taxonomy of Exempt Entities (NTEE) code, what specific types of land conservation activities does Richmond Land Trust prioritize?
The C340 code typically refers to 'Land Resources Conservation & Protection.' This suggests a focus on activities such as acquiring conservation easements, managing protected lands, restoring natural habitats, and potentially educating the public on land stewardship within the Richmond, VT area.
Filing History
IRS 990 filing history for Richmond Land Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Richmond Land Trust's revenue has declined by 1.4%, moving from $263K to $260K. Total assets increased by 232.8% over the same period, from $386K to $1.3M. Total functional expenses fell by 71.1%, from $82K to $24K. In its most recent filing year (2023), Richmond Land Trust reported a surplus of $236K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $24K | $1.3M | $0 | — | — |
| 2022 | $259K | $29K | $1.0M | $0 | — | View 990 |
| 2021 | $134K | $16K | $823K | $0 | — | View 990 |
| 2020 | $54K | $20K | $697K | $0 | — | View 990 |
| 2019 | $83K | $19K | $655K | $0 | — | View 990 |
| 2018 | $77K | $10K | $583K | $0 | — | View 990 |
| 2017 | $64K | $6K | $519K | $0 | — | View 990 |
| 2016 | $18K | $17K | $453K | $0 | — | View 990 |
| 2015 | $84K | $46K | $431K | $0 | — | View 990 |
| 2014 | $263K | $82K | $386K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $260K, expenses of $24K, and assets of $1.3M (revenue +0.3% year-over-year).
- 2022: Revenue of $259K, expenses of $29K, and assets of $1.0M (revenue +92.7% year-over-year).
- 2021: Revenue of $134K, expenses of $16K, and assets of $823K (revenue +148.1% year-over-year).
- 2020: Revenue of $54K, expenses of $20K, and assets of $697K (revenue -34.4% year-over-year).
- 2019: Revenue of $83K, expenses of $19K, and assets of $655K (revenue +7.3% year-over-year).
- 2018: Revenue of $77K, expenses of $10K, and assets of $583K (revenue +19.3% year-over-year).
- 2017: Revenue of $64K, expenses of $6K, and assets of $519K (revenue +265.1% year-over-year).
- 2016: Revenue of $18K, expenses of $17K, and assets of $453K (revenue -79.0% year-over-year).
- 2015: Revenue of $84K, expenses of $46K, and assets of $431K (revenue -68.1% year-over-year).
- 2014: Revenue of $263K, expenses of $82K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richmond Land Trust:
Data Sources and Methodology
This transparency report for Richmond Land Trust 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.