The Finger Lakes Land Trust Inc
Finger Lakes Land Trust: Strong Financials, High Program Spending, and Transparent Operations
EIN: 222983688 · Ithaca, NY · NTEE: C340 · Updated: 2026-04-04
About The Finger Lakes Land Trust Inc
The Finger Lakes Land Trust Inc (EIN: 222983688) is a nonprofit organization based in Ithaca, NY, classified under NTEE code C340. The organization reported total revenue of $15.9M and total assets of $46.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Finger Lakes Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Finger Lakes Land Trust Inc 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, The Finger Lakes Land Trust Inc 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.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and impact, with no red flags identified in the available filings.
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 The Finger Lakes Land Trust Inc:
- Consistently high program spending, averaging 85% of total expenses over the last five years.
- Significant growth in assets from $20,048,874 in 2018 to $46,104,991 in 2023, indicating strong financial health and donor confidence.
- Healthy revenue streams, with total revenue exceeding $8 million in multiple years, supporting their mission.
- Low liabilities relative to assets, demonstrating financial stability.
- Clear and consistent reporting of financial information across multiple years.
Frequently Asked Questions about The Finger Lakes Land Trust Inc
What does The Finger Lakes Land Trust Inc do?
The Finger Lakes Land Trust Inc is a nonprofit organization in the Environment sector, located in Ithaca, New York. It is classified under NTEE code C340.
How much revenue does The Finger Lakes Land Trust Inc have?
The Finger Lakes Land Trust Inc reported total revenue of $15,889,240. Based on 13 IRS 990 filings on record.
What are The Finger Lakes Land Trust Inc's total assets?
The Finger Lakes Land Trust Inc holds total assets of $46,104,991 as reported in IRS 990 filings.
Where is The Finger Lakes Land Trust Inc located?
The Finger Lakes Land Trust Inc is based in Ithaca, New York.
What is The Finger Lakes Land Trust Inc's EIN?
The Finger Lakes Land Trust Inc's Employer Identification Number (EIN) is 222983688. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Finger Lakes Land Trust Inc?
The Finger Lakes Land Trust Inc is classified under NTEE code C340 (Environment).
Is The Finger Lakes Land Trust Inc a registered 501(c)(3)?
Yes, The Finger Lakes Land Trust Inc is recognized as a tax-exempt organization by the IRS. EIN: 222983688.
Does The Finger Lakes Land Trust Inc file IRS Form 990?
Yes, The Finger Lakes Land Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Finger Lakes Land Trust Inc's revenue in 2023?
In the 202306 filing period, The Finger Lakes Land Trust Inc reported total revenue of $9,320,582, total expenses of $5,050,085, and net assets of $38,220,308.
Is The Finger Lakes Land Trust Inc's revenue growing or declining?
The Finger Lakes Land Trust Inc's revenue is growing. Revenue went from $4,821,991 (202206) to $9,320,582 (202306), a +93.3% change. Based on 13 filings on record.
What is The Finger Lakes Land Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Finger Lakes Land Trust Inc covers tax period 202306. It shows revenue of $9,320,582, expenses of $5,050,085, total assets of $38,220,308, and liabilities of $2,333,030.
How much does The Finger Lakes Land Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, The Finger Lakes Land Trust Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Finger Lakes Land Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Finger Lakes Land Trust Inc appears trustworthy. Mission Score: 92/100 (Excellent). No red flags identified. 5 strengths noted.
What are The Finger Lakes Land Trust Inc's strengths?
Positive indicators for The Finger Lakes Land Trust Inc include: Consistently high program spending, averaging 85% of total expenses over the last five years.. Significant growth in assets from $20,048,874 in 2018 to $46,104,991 in 2023, indicating strong financial health and donor confidence.. Healthy revenue streams, with total revenue exceeding $8 million in multiple years, supporting their mission.. Low liabilities relative to assets, demonstrating financial stability.. Clear and consistent reporting of financial information across multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does The Finger Lakes Land Trust Inc compensate executives?
Executive compensation appears reasonable given the organization's size and impact, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Finger Lakes Land Trust Inc?
The organization consistently provides detailed financial statements, including Form 990 filings, on their website. They clearly outline their land conservation projects and impact through annual reports. The financial data provided in the filings is consistent with information available on their public platforms. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the Finger Lakes Land Trust managed to more than double its assets from $20,048,874 in 2018 to $46,104,991 in 2023, and what specific strategies contributed to this substantial growth?
The significant asset growth suggests successful fundraising campaigns, strategic land acquisitions, and potentially strong investment performance. This could be driven by increased donor engagement, effective grant writing, and a focus on acquiring valuable land parcels, which are then reflected as assets on their balance sheet.
Filing History
IRS 990 filing history for The Finger Lakes Land Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Finger Lakes Land Trust Inc's revenue has grown by 83.3%, moving from $5.1M to $9.3M. Total assets increased by 253.6% over the same period, from $10.8M to $38.2M. Total functional expenses rose by 70.3%, from $3.0M to $5.1M. In its most recent filing year (2023), The Finger Lakes Land Trust Inc reported a surplus of $4.3M, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $38.2M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $35.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.3M | $5.1M | $38.2M | $2.3M | — | View 990 |
| 2022 | $4.8M | $3.4M | $33.9M | $2.8M | — | View 990 |
| 2021 | $8.7M | $4.0M | $32.7M | $815K | — | View 990 |
| 2020 | $8.1M | $3.6M | $27.0M | $1.6M | — | View 990 |
| 2019 | $9.2M | $7.0M | $20.9M | $348K | — | View 990 |
| 2018 | $3.7M | $1.7M | $20.0M | $1.7M | — | View 990 |
| 2017 | $5.9M | $5.7M | $18.0M | $1.4M | — | View 990 |
| 2016 | $3.4M | $1.6M | $16.5M | $324K | — | View 990 |
| 2015 | $5.8M | $4.8M | $14.9M | $389K | — | View 990 |
| 2014 | $3.5M | $2.4M | $14.0M | $420K | — | View 990 |
| 2013 | $3.9M | $2.8M | $12.8M | $538K | — | View 990 |
| 2012 | $7.1M | $6.5M | $11.3M | $283K | — | View 990 |
| 2011 | $5.1M | $3.0M | $10.8M | $392K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.3M, expenses of $5.1M, and assets of $38.2M (revenue +93.3% year-over-year).
- 2022: Revenue of $4.8M, expenses of $3.4M, and assets of $33.9M (revenue -44.6% year-over-year).
- 2021: Revenue of $8.7M, expenses of $4.0M, and assets of $32.7M (revenue +7.5% year-over-year).
- 2020: Revenue of $8.1M, expenses of $3.6M, and assets of $27.0M (revenue -12.2% year-over-year).
- 2019: Revenue of $9.2M, expenses of $7.0M, and assets of $20.9M (revenue +150.1% year-over-year).
- 2018: Revenue of $3.7M, expenses of $1.7M, and assets of $20.0M (revenue -37.4% year-over-year).
- 2017: Revenue of $5.9M, expenses of $5.7M, and assets of $18.0M (revenue +72.7% year-over-year).
- 2016: Revenue of $3.4M, expenses of $1.6M, and assets of $16.5M (revenue -41.6% year-over-year).
- 2015: Revenue of $5.8M, expenses of $4.8M, and assets of $14.9M (revenue +64.7% year-over-year).
- 2014: Revenue of $3.5M, expenses of $2.4M, and assets of $14.0M (revenue -8.3% year-over-year).
- 2013: Revenue of $3.9M, expenses of $2.8M, and assets of $12.8M (revenue -45.7% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.5M, and assets of $11.3M (revenue +39.9% year-over-year).
- 2011: Revenue of $5.1M, expenses of $3.0M, and assets of $10.8M.
Data Sources and Methodology
This transparency report for The Finger Lakes Land 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.