Wellfleet Conservation Trust
Wellfleet Conservation Trust: Strong Asset Growth, Low Program Spending
EIN: 222559199 · Wellfleet, MA · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $447K |
| Total Expenses | $31K |
| Program Spending | 51% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $13.7M |
| Transparency Score | 75/100 |
Is Wellfleet Conservation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wellfleet Conservation Trust directs 51% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Wellfleet Conservation Trust
Wellfleet Conservation Trust (EIN: 222559199) is a nonprofit organization based in Wellfleet, MA, classified under NTEE code C340. The organization reported total revenue of $447K and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellfleet Conservation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wellfleet Conservation Trust is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $31K |
| Surplus / Deficit | +$120K |
| Total Assets | $13.7M |
| Net Assets | $13.7M |
| Operating Margin | 79.7% |
| Months of Reserves | 5389.5 months |
Financial Health Grade: A
In 2023, Wellfleet Conservation Trust reported a surplus of $120K with revenue exceeding expenses, holds 5389.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wellfleet Conservation Trust's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.8% | +4.6% | +0.9% |
| 2022 | +19.8% | -20.3% | +2.8% |
| 2021 | -92.5% | +86.1% | +2.3% |
| 2020 | +6417.9% | -23.7% | +53.6% |
| 2019 | -85.9% | -5.7% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Wellfleet Conservation Trust with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 51%
- fundraising: 24%
According to IRS 990 filings, Wellfleet Conservation Trust allocates its expenses as follows: admin: 25%, programs: 51%, fundraising: 24%. Approximately 51% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the provided 990-EZ filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation.
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 Wellfleet Conservation Trust's IRS 990 filings:
- Program spending (x) consistently represents a small percentage of total expenses and revenue, raising questions about direct impact.
- Significant fluctuations in revenue (r) year-over-year, with a notable drop from $4,486,500 in 2020 to $150,739 in 2023, warrant further investigation.
- The organization's assets (a) have grown substantially from $7,929,928 in 2017 to $13,748,182 in 2023, while program expenses remain relatively low.
Strengths
The following positive indicators were identified for Wellfleet Conservation Trust:
- Consistent growth in assets demonstrates effective long-term financial management and investment strategies.
- The organization maintains a healthy asset base, providing stability for future conservation efforts.
- Low reported executive compensation indicates efficient use of funds at the leadership level.
Frequently Asked Questions about Wellfleet Conservation Trust
Is Wellfleet Conservation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Wellfleet Conservation Trust (EIN: 222559199) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Wellfleet Conservation Trust spend its money?
Wellfleet Conservation Trust directs 51% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wellfleet Conservation Trust tax-deductible?
Wellfleet Conservation Trust is registered as a tax-exempt nonprofit (EIN: 222559199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wellfleet Conservation Trust CEO make?
Wellfleet Conservation Trust's highest-compensated officer earns $100,000 annually. The organization reported $447K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wellfleet Conservation Trust's spending goes to programs?
Wellfleet Conservation Trust directs 51% to programs, 24% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Wellfleet Conservation Trust compare to similar nonprofits?
With a transparency score of 75/100 (Good), Wellfleet Conservation 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 Wellfleet Conservation Trust located?
Wellfleet Conservation Trust is headquartered in Wellfleet, Massachusetts and files with the IRS under EIN 222559199. It is classified under NTEE code C340.
How many years of IRS 990 filings does Wellfleet Conservation Trust have?
Wellfleet Conservation Trust 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 $447K in total revenue.
What does Wellfleet Conservation Trust do?
Wellfleet Conservation Trust is a nonprofit organization in the Environment sector, located in Wellfleet, Massachusetts. It is classified under NTEE code C340.
How much revenue does Wellfleet Conservation Trust have?
Wellfleet Conservation Trust reported total revenue of $446,828. Based on 13 IRS 990 filings on record.
What are Wellfleet Conservation Trust's total assets?
Wellfleet Conservation Trust holds total assets of $14,149,638 as reported in IRS 990 filings.
Where is Wellfleet Conservation Trust located?
Wellfleet Conservation Trust is based in Wellfleet, Massachusetts.
What is Wellfleet Conservation Trust's EIN?
Wellfleet Conservation Trust's Employer Identification Number (EIN) is 222559199. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wellfleet Conservation Trust?
Wellfleet Conservation Trust is classified under NTEE code C340 (Environment).
Is Wellfleet Conservation Trust a registered 501(c)(3)?
Yes, Wellfleet Conservation Trust is recognized as a tax-exempt organization by the IRS. EIN: 222559199.
Does Wellfleet Conservation Trust file IRS Form 990?
Yes, Wellfleet Conservation Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wellfleet Conservation Trust's revenue in 2023?
In the 202312 filing period, Wellfleet Conservation Trust reported total revenue of $150,739, total expenses of $30,611, and net assets of $13,748,182.
Is Wellfleet Conservation Trust's revenue growing or declining?
Wellfleet Conservation Trust's revenue is declining. Revenue went from $405,246 (202212) to $150,739 (202312), a -62.8% change. Based on 13 filings on record.
What is Wellfleet Conservation Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Wellfleet Conservation Trust covers tax period 202312. It shows revenue of $150,739, expenses of $30,611, total assets of $13,748,182, and liabilities of N/A.
How much does Wellfleet Conservation Trust spend on programs vs administration?
Based on IRS 990 analysis, Wellfleet Conservation Trust allocates approximately 51% of expenses to program services, 25% to administrative costs, and 24% to fundraising. Program spending is moderate relative to overhead.
Is Wellfleet Conservation Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Wellfleet Conservation Trust appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Wellfleet Conservation Trust?
The following concerns were identified: Program spending (x) consistently represents a small percentage of total expenses and revenue, raising questions about direct impact.. Significant fluctuations in revenue (r) year-over-year, with a notable drop from $4,486,500 in 2020 to $150,739 in 2023, warrant further investigation.. The organization's assets (a) have grown substantially from $7,929,928 in 2017 to $13,748,182 in 2023, while program expenses remain relatively low.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wellfleet Conservation Trust's strengths?
Positive indicators for Wellfleet Conservation Trust include: Consistent growth in assets demonstrates effective long-term financial management and investment strategies.. The organization maintains a healthy asset base, providing stability for future conservation efforts.. Low reported executive compensation indicates efficient use of funds at the leadership level.. These findings are derived from AI analysis of the organization's financial filings.
How does Wellfleet Conservation Trust compensate executives?
Executive compensation is not reported in the provided 990-EZ filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset growth and significant revenue fluctuations, what is the organization's long-term strategy for deploying its accumulated assets into direct conservation programs?
The filings indicate a focus on land acquisition, but the low program spending relative to asset growth suggests a strategy of accumulating capital, potentially for future large-scale land purchases or endowments, rather than immediate, high-volume program expenditures.
How does the organization balance its administrative and fundraising costs, which are often comparable to or exceed program expenses, with its mission to conserve land?
The spending breakdown suggests that a considerable portion of resources is dedicated to maintaining operations and securing future funding. This could be justified if these overheads are critical for identifying and securing high-value conservation opportunities, though it limits direct program spending in the short term.
Filing History
IRS 990 filing history for Wellfleet Conservation Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wellfleet Conservation Trust's revenue has declined by 16.9%, moving from $181K to $151K. Total assets increased by 137.2% over the same period, from $5.8M to $13.7M. Total functional expenses fell by 23.6%, from $40K to $31K. In its most recent filing year (2023), Wellfleet Conservation Trust reported a surplus of $120K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $31K | $13.7M | $0 | — | — |
| 2022 | $405K | $29K | $13.6M | $0 | — | — |
| 2021 | $338K | $37K | $13.3M | $0 | — | — |
| 2020 | $4.5M | $20K | $13.0M | $0 | — | — |
| 2019 | $69K | $26K | $8.4M | $0 | — | View 990 |
| 2018 | $487K | $27K | $8.4M | $0 | — | View 990 |
| 2017 | $311K | $37K | $7.9M | $0 | — | View 990 |
| 2016 | $862K | $43K | $7.7M | $0 | — | View 990 |
| 2015 | $323K | $31K | $6.8M | $0 | — | View 990 |
| 2014 | $175K | $36K | $6.5M | $0 | — | View 990 |
| 2013 | $410K | $40K | $6.4M | $0 | — | View 990 |
| 2012 | $286K | $46K | $6.0M | $0 | — | View 990 |
| 2011 | $181K | $40K | $5.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $31K, and assets of $13.7M (revenue -62.8% year-over-year).
- 2022: Revenue of $405K, expenses of $29K, and assets of $13.6M (revenue +19.8% year-over-year).
- 2021: Revenue of $338K, expenses of $37K, and assets of $13.3M (revenue -92.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $20K, and assets of $13.0M (revenue +6417.9% year-over-year).
- 2019: Revenue of $69K, expenses of $26K, and assets of $8.4M (revenue -85.9% year-over-year).
- 2018: Revenue of $487K, expenses of $27K, and assets of $8.4M (revenue +56.5% year-over-year).
- 2017: Revenue of $311K, expenses of $37K, and assets of $7.9M (revenue -63.9% year-over-year).
- 2016: Revenue of $862K, expenses of $43K, and assets of $7.7M (revenue +167.2% year-over-year).
- 2015: Revenue of $323K, expenses of $31K, and assets of $6.8M (revenue +84.1% year-over-year).
- 2014: Revenue of $175K, expenses of $36K, and assets of $6.5M (revenue -57.2% year-over-year).
- 2013: Revenue of $410K, expenses of $40K, and assets of $6.4M (revenue +43.2% year-over-year).
- 2012: Revenue of $286K, expenses of $46K, and assets of $6.0M (revenue +57.8% year-over-year).
- 2011: Revenue of $181K, expenses of $40K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wellfleet Conservation Trust:
Data Sources and Methodology
This transparency report for Wellfleet Conservation 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.