Sheridan Community Land Trust
Sheridan Community Land Trust consistently grows assets and operates with zero reported officer compensation.
EIN: 204385635 · Sheridan, WY · NTEE: C34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $759K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.3M |
| Transparency Score | 95/100 |
Is Sheridan Community Land Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sheridan Community Land Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sheridan Community Land Trust
Sheridan Community Land Trust (EIN: 204385635) is a nonprofit organization based in Sheridan, WY, classified under NTEE code C34. The organization reported total revenue of $3.7M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheridan Community Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheridan Community Land Trust is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $759K |
| Surplus / Deficit | +$983K |
| Total Assets | $5.3M |
| Total Liabilities | $4K |
| Net Assets | $5.3M |
| Operating Margin | 56.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 83.6 months |
Financial Health Grade: A
In 2023, Sheridan Community Land Trust reported a surplus of $983K with revenue exceeding expenses, holds 83.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Sheridan Community Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.4% | +23.3% | +2.2% |
| 2022 | +47.9% | +44.4% | -6.5% |
| 2021 | -4.7% | +14.8% | +22.9% |
| 2020 | +4.0% | -34.2% | +11.0% |
| 2019 | -14.7% | +42.7% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Sheridan Community Land Trust 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sheridan Community Land Trust allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $983K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation, which is highly unusual for an organization of its size with assets exceeding $5 million.
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 Sheridan Community Land Trust's IRS 990 filings:
- Unusually low liabilities, which could indicate a lack of transparency if certain obligations are not fully reported.
- The consistent 0% officer compensation is highly unusual for an organization of this size and could warrant further investigation into how leadership is compensated or if key roles are entirely volunteer-based.
Strengths
The following positive indicators were identified for Sheridan Community Land Trust:
- Consistent asset growth, from $4,056,348 in 2019 to $5,287,348 in 2023, demonstrating strong financial health.
- Zero reported officer compensation across all filings, indicating a strong commitment to directing funds towards the mission.
- Expenses consistently well below revenue, leading to significant surpluses for reinvestment.
- Very low liabilities relative to assets, indicating a healthy and stable financial position.
- Strong revenue growth in recent years, with 2023 revenue at $1,742,166, up from $625,188 in 2021.
Frequently Asked Questions about Sheridan Community Land Trust
Is Sheridan Community Land Trust a legitimate charity?
Sheridan Community Land Trust (EIN: 204385635) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.7M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Sheridan Community Land Trust spend its money?
Sheridan Community Land Trust directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sheridan Community Land Trust tax-deductible?
Sheridan Community Land Trust is registered as a tax-exempt nonprofit (EIN: 204385635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sheridan Community Land Trust CEO make?
Sheridan Community Land Trust's highest-compensated officer earns $5 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sheridan Community Land Trust's spending goes to programs?
Sheridan Community Land Trust directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sheridan Community Land Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Sheridan Community Land Trust is above average for NTEE category C34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sheridan Community Land Trust located?
Sheridan Community Land Trust is headquartered in Sheridan, Wyoming and files with the IRS under EIN 204385635. It is classified under NTEE code C34.
How many years of IRS 990 filings does Sheridan Community Land Trust have?
Sheridan Community Land Trust has 12 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 $3.7M in total revenue.
How does Sheridan Community Land Trust manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles may be filled by volunteers or compensated through non-officer roles, or that compensation is not reported under 'officer compensation' on the 990 form. This practice is highly efficient for a nonprofit.
What is the trend in the organization's net assets?
Net assets have shown consistent growth, increasing from $4,056,348 in 2019 to $5,287,348 in 2023, indicating strong financial management and accumulation of resources.
Is the organization financially stable given its revenue fluctuations?
Despite revenue fluctuations, the organization consistently maintains expenses well below revenue and has steadily grown its assets, demonstrating strong financial stability and prudent management.
What is the organization's liability trend?
Liabilities have remained very low relative to assets, with the highest reported liability being $33,598 in 2020, and typically staying below $6,000, indicating a healthy balance sheet and minimal debt.
Filing History
IRS 990 filing history for Sheridan Community Land Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Sheridan Community Land Trust's revenue has grown by 406%, moving from $344K to $1.7M. Total assets increased by 7795% over the same period, from $67K to $5.3M. Total functional expenses rose by 135.2%, from $323K to $759K. In its most recent filing year (2023), Sheridan Community Land Trust reported a surplus of $983K, with revenue exceeding expenses. The organization holds $4K in liabilities against $5.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $759K | $5.3M | $4K | — | View 990 |
| 2022 | $925K | $615K | $5.2M | $5K | — | View 990 |
| 2021 | $625K | $426K | $5.5M | $2K | — | — |
| 2020 | $656K | $371K | $4.5M | $34K | — | View 990 |
| 2019 | $631K | $565K | $4.1M | $3K | — | View 990 |
| 2018 | $740K | $396K | $3.8M | $6K | — | View 990 |
| 2017 | $740K | $626K | $3.5M | $6K | — | View 990 |
| 2016 | $2.3M | $300K | $3.2M | $5K | — | View 990 |
| 2015 | $1.4M | $376K | $1.2M | $4K | — | View 990 |
| 2014 | $165K | $146K | $153K | $3K | — | View 990 |
| 2013 | $213K | $158K | $126K | $3K | — | View 990 |
| 2012 | $344K | $323K | $67K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $759K, and assets of $5.3M (revenue +88.4% year-over-year).
- 2022: Revenue of $925K, expenses of $615K, and assets of $5.2M (revenue +47.9% year-over-year).
- 2021: Revenue of $625K, expenses of $426K, and assets of $5.5M (revenue -4.7% year-over-year).
- 2020: Revenue of $656K, expenses of $371K, and assets of $4.5M (revenue +4.0% year-over-year).
- 2019: Revenue of $631K, expenses of $565K, and assets of $4.1M (revenue -14.7% year-over-year).
- 2018: Revenue of $740K, expenses of $396K, and assets of $3.8M (revenue +0.0% year-over-year).
- 2017: Revenue of $740K, expenses of $626K, and assets of $3.5M (revenue -68.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $300K, and assets of $3.2M (revenue +61.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $376K, and assets of $1.2M (revenue +771.7% year-over-year).
- 2014: Revenue of $165K, expenses of $146K, and assets of $153K (revenue -22.6% year-over-year).
- 2013: Revenue of $213K, expenses of $158K, and assets of $126K (revenue -38.1% year-over-year).
- 2012: Revenue of $344K, expenses of $323K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheridan Community Land Trust:
Data Sources and Methodology
This transparency report for Sheridan Community 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.