Winnakee Land Trust Inc

Winnakee Land Trust Inc shows strong asset growth and no reported officer compensation, despite fluctuating revenues.

EIN: 141722963 · Rhinebeck, NY · NTEE: C340 · Updated: 2026-03-28

$4.1MRevenue

$13.8MAssets

92/100Mission Score (Excellent)

C340

About Winnakee Land Trust Inc

Winnakee Land Trust Inc (EIN: 141722963) is a nonprofit organization based in Rhinebeck, NY, classified under NTEE code C340. The organization reported total revenue of $4.1M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winnakee Land Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Winnakee Land Trust Inc demonstrates a strong commitment to its mission of land conservation, as evidenced by its consistent program spending. Over the past five years, the organization has seen significant growth in both revenue and assets, with assets growing from $1,002,329 in 2019 to $11,362,230 in 2023. While revenue has fluctuated, notably a peak of $5,048,984 in 2022, the organization has maintained a healthy asset base. The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a focus on directing resources towards its charitable purpose, which is a strong indicator of transparency and good governance.

The organization's spending efficiency appears robust, with expenses generally well-managed relative to its revenue, although the 2023 period showed expenses ($1,249,717) exceeding revenue ($889,884). This could be due to strategic investments or timing of large projects. The consistent growth in assets, even with revenue fluctuations, indicates effective financial management and a strong long-term outlook. The lack of reported officer compensation is a significant positive factor in assessing its financial health and commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Winnakee 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, Winnakee 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

Winnakee Land Trust Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is highly unusual for an organization of its size with assets exceeding $11 million and suggests a strong dedication to directing all financial resources towards its mission.

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 Winnakee Land Trust Inc's IRS 990 filings:

Expenses exceeded revenue in 2023 ($1,249,717 vs $889,884), which could indicate a short-term deficit or strategic spending beyond current income.

Strengths

The following positive indicators were identified for Winnakee Land Trust Inc:

Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
Significant asset growth from $1,002,329 in 2019 to $11,362,230 in 2023, demonstrating strong financial management and stability.
Healthy asset base ($11,362,230 in 2023) relative to annual expenses, providing long-term security.
Strong program focus implied by the lack of executive compensation, suggesting resources are directed to mission.

Frequently Asked Questions about Winnakee Land Trust Inc

Is Winnakee Land Trust Inc a good charity?

Based on the available IRS 990 data, Winnakee Land Trust Inc appears to be a very good charity. It demonstrates strong program focus, significant asset growth, and notably reports 0% officer compensation, indicating a high degree of financial efficiency and dedication to its mission.

How has Winnakee Land Trust Inc's financial health changed over the past five years?

Over the past five years, Winnakee Land Trust Inc has experienced substantial growth in assets, from $1,002,329 in 2019 to $11,362,230 in 2023. Revenue has been volatile, peaking at $5,048,984 in 2022 but dropping to $889,884 in 2023, while expenses have generally increased in line with organizational growth, indicating expansion of activities.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is highly significant. It means that the organization's top leadership is not receiving salaries or other forms of compensation, which is rare for an organization of this scale. This suggests a volunteer-driven leadership model or that compensation is covered by other entities, and it strongly implies that donor funds are directly applied to program services rather than administrative overhead for executive salaries.

Filing History

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

Over 13 years of IRS 990 filings (2012–2023), Winnakee Land Trust Inc's revenue has grown by 345.4%, moving from $200K to $890K. Total assets increased by 1768.6% over the same period, from $608K to $11.4M. Total functional expenses rose by 667.7%, from $163K to $1.2M. In its most recent filing year (2023), Winnakee Land Trust Inc reported a deficit of $360K, with expenses exceeding revenue. The organization holds $51K in liabilities against $11.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $11.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$890K	$1.2M	$11.4M	$51K	—	—
2022	$5.0M	$1.2M	$12.0M	$346K	—	—
2021	$2.2M	$687K	$8.5M	$648K	—	View 990
2020	$2.3M	$452K	$7.3M	$928K	—	View 990
2019	$450K	$357K	$1.0M	$5K	—	View 990
2018	$603K	$526K	$893K	$0	—	View 990
2017	$484K	$404K	$821K	$0	—	—
2016	$313K	$310K	$740K	$0	—	View 990
2015	$247K	$215K	$738K	$0	—	View 990
2014	$181K	$173K	$705K	$0	—	View 990
2014	$204K	$216K	$677K	$0	—	View 990
2013	$280K	$200K	$689K	$0	—	View 990
2012	$200K	$163K	$608K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $890K, expenses of $1.2M, and assets of $11.4M (revenue -82.4% year-over-year).
2022: Revenue of $5.0M, expenses of $1.2M, and assets of $12.0M (revenue +130.8% year-over-year).
2021: Revenue of $2.2M, expenses of $687K, and assets of $8.5M (revenue -5.5% year-over-year).
2020: Revenue of $2.3M, expenses of $452K, and assets of $7.3M (revenue +414.0% year-over-year).
2019: Revenue of $450K, expenses of $357K, and assets of $1.0M (revenue -25.3% year-over-year).
2018: Revenue of $603K, expenses of $526K, and assets of $893K (revenue +24.4% year-over-year).
2017: Revenue of $484K, expenses of $404K, and assets of $821K (revenue +54.9% year-over-year).
2016: Revenue of $313K, expenses of $310K, and assets of $740K (revenue +26.6% year-over-year).
2015: Revenue of $247K, expenses of $215K, and assets of $738K (revenue +36.8% year-over-year).
2014: Revenue of $181K, expenses of $173K, and assets of $705K (revenue -11.6% year-over-year).
2014: Revenue of $204K, expenses of $216K, and assets of $677K (revenue -27.1% year-over-year).
2013: Revenue of $280K, expenses of $200K, and assets of $689K (revenue +40.3% year-over-year).
2012: Revenue of $200K, expenses of $163K, and assets of $608K.

Data Sources and Methodology

This transparency report for Winnakee 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.