Sippican Lands Trust Inc

Sippican Lands Trust: Strong Asset Growth, Low Overhead

EIN: 222795446 · Marion, MA · NTEE: C340 · Updated: 2026-04-04

$521KRevenue
$520KGross Revenue
$7.9MAssets
85/100Mission Score (Excellent)
C340
Sippican Lands Trust Inc Financial Summary
MetricValue
Total Revenue$521K
Total Expenses$134K
Program Spending73%
Net Assets$7.4M
Transparency Score85/100

Search Intent Cockpit

Sippican Lands Trust Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Sippican Lands Trust Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Sippican Lands Trust Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $490K and expenses of $134K.

Revenue and Expenses

Sippican Lands Trust Inc reported $490K in revenue and $134K in expenses, a surplus of $356K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.

Is Sippican Lands Trust Inc Legit?

Appears Legitimate

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
73%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Sippican Lands Trust Inc Expense Deployment
Program services$98K (73%)

Across stored filings, Sippican Lands Trust Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Sippican Lands Trust Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend73% to programsGood
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Joint Committee For Childrens Health Care In EverettMassachusetts and Environment context

Trust Check

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Donation Decision Flow

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73% of spending goes to programs.

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Sippican Lands Trust Inc directs 73% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Sippican Lands Trust Inc

Sippican Lands Trust Inc (EIN: 222795446) is a nonprofit organization based in Marion, MA, classified under NTEE code C340. The organization reported total revenue of $521K and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sippican Lands Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

39Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Sippican Lands Trust Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$490K
Total Expenses$134K
Surplus / Deficit+$356K
Total Assets$7.5M
Total Liabilities$103K
Net Assets$7.4M
Operating Margin72.6%
Debt-to-Asset Ratio1.4%
Months of Reserves673.9 months

Financial Health Grade: A

In 2023, Sippican Lands Trust Inc reported a surplus of $356K with revenue exceeding expenses, holds 673.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Sippican Lands Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+30.4%-13.6%+6.7%
2022+20.3%+10.5%+3.2%
2021+46.9%+11.9%+14.6%
2020-31.0%-14.0%-0.3%
2019+96.5%+27.9%+6.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1987

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Sippican Lands Trust Inc is a environment nonprofit based in Marion, Massachusetts, with reported revenue of $521K and assets of $7.9M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 73% of spending goes to programs, 15% to administration, and 12% to fundraising. • Financials are consistently available through public filings. • The organization maintains a clear mission statement regarding land conservation. • No specific transparency report or detailed impact report is readily available beyond financial statements. Executive compensation is not reported in the provided filings, suggesting it is below the disclosure threshold or non-existent, which is positive for donor confidence. Revenue has grown +165% across 13 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sippican Lands Trust Inc 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: 15%
  • programs: 73%
  • fundraising: 12%

According to IRS 990 filings, Sippican Lands Trust Inc allocates its expenses as follows: admin: 15%, programs: 73%, fundraising: 12%. Approximately 73% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$490KTotal Revenue
$134KTotal Expenses
$7.5MTotal Assets
$103KTotal Liabilities
$7.4MNet Assets
  • The organization reported a surplus of $356K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.4%.

Executive Compensation Analysis

Executive compensation is not reported in the provided filings, suggesting it is below the disclosure threshold or non-existent, which is positive for donor confidence.

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 Sippican Lands Trust Inc:

  • Consistent asset growth from $5.6M in 2016 to $7.8M in 2023, indicating strong financial health.
  • Low administrative and fundraising expenses relative to program spending, demonstrating efficient use of funds.
  • Zero reported lobbying expenses ('c0%') across all years, indicating a focus on direct mission activities.
  • Healthy revenue growth, particularly in 2023 with $489,725, supporting ongoing operations and expansion.

Frequently Asked Questions about Sippican Lands Trust Inc

Is Sippican Lands Trust Inc a legitimate charity?

Sippican Lands Trust Inc (EIN: 222795446) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $521K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Sippican Lands Trust Inc spend its money?

Sippican Lands Trust Inc directs 73% of its spending to programs and services. Fundraising costs 12%. This meets the 65% industry benchmark.

Are donations to Sippican Lands Trust Inc tax-deductible?

Sippican Lands Trust Inc is registered as a tax-exempt nonprofit (EIN: 222795446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Sippican Lands Trust Inc's spending goes to programs?

Sippican Lands Trust Inc directs 73% to programs, 12% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Sippican Lands Trust Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Sippican Lands Trust Inc 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 Sippican Lands Trust Inc located?

Sippican Lands Trust Inc is headquartered in Marion, Massachusetts and files with the IRS under EIN 222795446. It is classified under NTEE code C340.

How many years of IRS 990 filings does Sippican Lands Trust Inc have?

Sippican Lands Trust Inc 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 $521K in total revenue.

What does Sippican Lands Trust Inc do?

Sippican Lands Trust Inc is a nonprofit organization in the Environment sector, located in Marion, Massachusetts. It is classified under NTEE code C340.

How much revenue does Sippican Lands Trust Inc have?

Sippican Lands Trust Inc reported total revenue of $520,505. Based on 13 IRS 990 filings on record.

What are Sippican Lands Trust Inc's total assets?

Sippican Lands Trust Inc holds total assets of $7,885,750 as reported in IRS 990 filings.

Where is Sippican Lands Trust Inc located?

Sippican Lands Trust Inc is based in Marion, Massachusetts.

What is Sippican Lands Trust Inc's EIN?

Sippican Lands Trust Inc's Employer Identification Number (EIN) is 222795446. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Sippican Lands Trust Inc?

Sippican Lands Trust Inc is classified under NTEE code C340 (Environment).

Is Sippican Lands Trust Inc a registered 501(c)(3)?

Yes, Sippican Lands Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222795446.

Does Sippican Lands Trust Inc file IRS Form 990?

Yes, Sippican Lands Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.

What was Sippican Lands Trust Inc's revenue in 2023?

In the 202312 filing period, Sippican Lands Trust Inc reported total revenue of $489,725, total expenses of $134,024, and net assets of $7,526,560.

Is Sippican Lands Trust Inc's revenue growing or declining?

Sippican Lands Trust Inc's revenue is growing. Revenue went from $375,416 (202212) to $489,725 (202312), a +30.4% change. Based on 13 filings on record.

What is Sippican Lands Trust Inc's most recent 990 filing?

The most recent IRS Form 990 filing for Sippican Lands Trust Inc covers tax period 202312. It shows revenue of $489,725, expenses of $134,024, total assets of $7,526,560, and liabilities of $103,372.

How much does Sippican Lands Trust Inc spend on programs vs administration?

Based on IRS 990 analysis, Sippican Lands Trust Inc allocates approximately 73% of expenses to program services, 15% to administrative costs, and 12% to fundraising. Program spending is moderate relative to overhead.

Is Sippican Lands Trust Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, Sippican Lands Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.

What are Sippican Lands Trust Inc's strengths?

Positive indicators for Sippican Lands Trust Inc include: Consistent asset growth from $5.6M in 2016 to $7.8M in 2023, indicating strong financial health.. Low administrative and fundraising expenses relative to program spending, demonstrating efficient use of funds.. Zero reported lobbying expenses ('c0%') across all years, indicating a focus on direct mission activities.. Healthy revenue growth, particularly in 2023 with $489,725, supporting ongoing operations and expansion.. These findings are derived from AI analysis of the organization's financial filings.

How does Sippican Lands Trust Inc compensate executives?

Executive compensation is not reported in the provided filings, suggesting it is below the disclosure threshold or non-existent, which is positive for donor confidence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

How transparent is Sippican Lands Trust Inc?

• Financials are consistently available through public filings. • The organization maintains a clear mission statement regarding land conservation. • No specific transparency report or detailed impact report is readily available beyond financial statements. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.

How does Sippican Lands Trust Inc. manage to operate with such low reported expenses relative to its asset base?

The organization likely relies heavily on volunteer efforts and in-kind donations for operational support, as evidenced by the low reported expenses (e.g., $134,024 in 2023) compared to its substantial assets ($7,885,750 in 2023).

What is the primary driver of the significant asset growth observed over the past several years?

The consistent increase in assets, from $5.6 million in 2016 to $7.8 million in 2023, is primarily driven by land acquisitions and conservation easements, which are recorded as assets, rather than solely through revenue generation.

Filing History

IRS 990 filing history for Sippican Lands Trust Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sippican Lands Trust Inc's revenue has grown by 165.3%, moving from $185K to $490K. Total assets increased by 75.7% over the same period, from $4.3M to $7.5M. Total functional expenses rose by 0.6%, from $133K to $134K. In its most recent filing year (2023), Sippican Lands Trust Inc reported a surplus of $356K, with revenue exceeding expenses. The organization holds $103K in liabilities against $7.5M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $7.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $490K $134K $7.5M $103K
2022 $375K $155K $7.1M $107K View 990
2021 $312K $140K $6.8M $3K View 990
2020 $212K $125K $6.0M $17K View 990
2019 $308K $146K $6.0M $171 View 990
2018 $157K $114K $5.6M $320 View 990
2017 $144K $118K $5.7M $2K View 990
2016 $137K $138K $5.6M $1K View 990
2015 $128K $151K $5.6M $4K View 990
2014 $1.4M $134K $5.6M $5K View 990
2013 $143K $120K $4.3M $2K View 990
2012 $133K $127K $4.3M $2K View 990
2011 $185K $133K $4.3M $54K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $490K, expenses of $134K, and assets of $7.5M (revenue +30.4% year-over-year).
  • 2022: Revenue of $375K, expenses of $155K, and assets of $7.1M (revenue +20.3% year-over-year).
  • 2021: Revenue of $312K, expenses of $140K, and assets of $6.8M (revenue +46.9% year-over-year).
  • 2020: Revenue of $212K, expenses of $125K, and assets of $6.0M (revenue -31.0% year-over-year).
  • 2019: Revenue of $308K, expenses of $146K, and assets of $6.0M (revenue +96.5% year-over-year).
  • 2018: Revenue of $157K, expenses of $114K, and assets of $5.6M (revenue +9.1% year-over-year).
  • 2017: Revenue of $144K, expenses of $118K, and assets of $5.7M (revenue +4.5% year-over-year).
  • 2016: Revenue of $137K, expenses of $138K, and assets of $5.6M (revenue +7.6% year-over-year).
  • 2015: Revenue of $128K, expenses of $151K, and assets of $5.6M (revenue -90.8% year-over-year).
  • 2014: Revenue of $1.4M, expenses of $134K, and assets of $5.6M (revenue +876.7% year-over-year).
  • 2013: Revenue of $143K, expenses of $120K, and assets of $4.3M (revenue +7.4% year-over-year).
  • 2012: Revenue of $133K, expenses of $127K, and assets of $4.3M (revenue -28.1% year-over-year).
  • 2011: Revenue of $185K, expenses of $133K, and assets of $4.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sippican Lands Trust Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Sippican Lands Trust Inc 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.

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