Wolcott Land Convervation Trust Inc
Wolcott Land Conservation Trust: Small Scale, Consistent Operations
EIN: 222606938 · Wolcott, CT · Updated: 2026-04-04
Is Wolcott Land Convervation Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolcott Land Convervation Trust Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolcott Land Convervation Trust Inc
Wolcott Land Convervation Trust Inc (EIN: 222606938) is a nonprofit organization based in Wolcott, CT. The organization reported total revenue of $17K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolcott Land Convervation Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolcott Land Convervation Trust Inc is a micro 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 -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $3K |
| Surplus / Deficit | +$1K |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | 29.9% |
| Months of Reserves | 215.7 months |
Financial Health Grade: A
In 2023, Wolcott Land Convervation Trust Inc reported a surplus of $1K with revenue exceeding expenses, holds 215.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wolcott Land Convervation Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -46.3% | +2.4% |
| 2022 | -82.6% | -79.8% | +4.3% |
| 2021 | +380.4% | +404.8% | +0.5% |
| 2020 | -27.8% | -14.4% | -0.1% |
| 2019 | +7.0% | +19.5% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Wolcott Land Convervation Trust Inc with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wolcott Land Convervation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, indicating a volunteer-run structure.
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 Wolcott Land Convervation Trust Inc's IRS 990 filings:
- Lack of detailed program descriptions or accomplishments in public filings.
- Minimal revenue and asset growth over several years, suggesting limited operational scale.
- No specific information on land holdings or conservation impact readily available.
Strengths
The following positive indicators were identified for Wolcott Land Convervation Trust Inc:
- Consistent financial reporting with no reported liabilities.
- Volunteer-based leadership minimizes administrative and compensation costs.
- Maintains a stable asset base relative to its small operational size.
Frequently Asked Questions about Wolcott Land Convervation Trust Inc
Is Wolcott Land Convervation Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolcott Land Convervation Trust Inc (EIN: 222606938) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Wolcott Land Convervation Trust Inc spend its money?
Wolcott Land Convervation Trust Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolcott Land Convervation Trust Inc tax-deductible?
Wolcott Land Convervation Trust Inc is registered as a tax-exempt nonprofit (EIN: 222606938). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Wolcott Land Convervation Trust Inc do?
Wolcott Land Convervation Trust Inc is a nonprofit organization in the Unknown sector, located in Wolcott, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Wolcott Land Convervation Trust Inc have?
Wolcott Land Convervation Trust Inc reported total revenue of $17,127. Based on 13 IRS 990 filings on record.
What are Wolcott Land Convervation Trust Inc's total assets?
Wolcott Land Convervation Trust Inc holds total assets of $60,795 as reported in IRS 990 filings.
Where is Wolcott Land Convervation Trust Inc located?
Wolcott Land Convervation Trust Inc is based in Wolcott, Connecticut.
What is Wolcott Land Convervation Trust Inc's EIN?
Wolcott Land Convervation Trust Inc's Employer Identification Number (EIN) is 222606938. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wolcott Land Convervation Trust Inc?
Wolcott Land Convervation Trust Inc is classified under NTEE code Unknown (Unknown).
Is Wolcott Land Convervation Trust Inc a registered 501(c)(3)?
Wolcott Land Convervation Trust Inc appears in IRS records (EIN: 222606938). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wolcott Land Convervation Trust Inc file IRS Form 990?
Yes, Wolcott Land Convervation Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wolcott Land Convervation Trust Inc's revenue in 2023?
In the 202312 filing period, Wolcott Land Convervation Trust Inc reported total revenue of $4,526, total expenses of $3,174, and net assets of $57,051.
Is Wolcott Land Convervation Trust Inc's revenue growing or declining?
Wolcott Land Convervation Trust Inc's revenue is declining. Revenue went from $4,805 (202212) to $4,526 (202312), a -5.8% change. Based on 13 filings on record.
What is Wolcott Land Convervation Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wolcott Land Convervation Trust Inc covers tax period 202312. It shows revenue of $4,526, expenses of $3,174, total assets of $57,051, and liabilities of N/A.
How much does Wolcott Land Convervation Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Wolcott Land Convervation Trust Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wolcott Land Convervation Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wolcott Land Convervation Trust Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Wolcott Land Convervation Trust Inc?
The following concerns were identified: Lack of detailed program descriptions or accomplishments in public filings.. Minimal revenue and asset growth over several years, suggesting limited operational scale.. No specific information on land holdings or conservation impact readily available.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wolcott Land Convervation Trust Inc's strengths?
Positive indicators for Wolcott Land Convervation Trust Inc include: Consistent financial reporting with no reported liabilities.. Volunteer-based leadership minimizes administrative and compensation costs.. Maintains a stable asset base relative to its small operational size.. These findings are derived from AI analysis of the organization's financial filings.
How does Wolcott Land Convervation Trust Inc compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, indicating a volunteer-run structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Wolcott Land Convervation Trust Inc?
- Financial data consistently reported on IRS Form 990-EZ. - No program service accomplishments or significant activities detailed in recent filings. - No information regarding board members or specific conservation projects readily available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 in compensation and minimal expenses, how does the Wolcott Land Conservation Trust effectively achieve its mission?
The organization appears to operate on a purely volunteer basis with very low overhead. Its mission achievement likely relies on in-kind contributions, volunteer labor for land stewardship, and potentially passive land management rather than active, funded programs. The lack of detailed program descriptions makes it difficult to assess specific impact.
What is the primary source of funding for the Wolcott Land Conservation Trust, considering its low revenue figures?
Based on the provided data, the primary source of funding appears to be small contributions and grants, as indicated by the 'r' (revenue) figures which are consistently low, ranging from $4,526 to $27,550 annually. There are no indications of significant investment income or large individual donations.
Filing History
IRS 990 filing history for Wolcott Land Convervation Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wolcott Land Convervation Trust Inc's revenue has declined by 23.8%, moving from $6K to $5K. Total assets increased by 26.4% over the same period, from $45K to $57K. Total functional expenses fell by 29.5%, from $5K to $3K. In its most recent filing year (2023), Wolcott Land Convervation Trust Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $3K | $57K | $0 | — | View 990 |
| 2022 | $5K | $6K | $56K | $0 | — | View 990 |
| 2021 | $28K | $29K | $53K | $0 | — | — |
| 2020 | $6K | $6K | $53K | $0 | — | — |
| 2019 | $8K | $7K | $53K | $0 | — | View 990 |
| 2018 | $7K | $6K | $52K | $0 | — | View 990 |
| 2017 | $7K | $10K | $63K | $10K | — | View 990 |
| 2016 | $6K | $5K | $61K | $5K | — | View 990 |
| 2015 | $6K | $6K | $55K | $0 | — | View 990 |
| 2014 | $6K | $5K | $55K | $5K | — | View 990 |
| 2013 | $6K | $4K | $54K | $4K | — | View 990 |
| 2012 | $5K | $4K | $48K | $4K | — | View 990 |
| 2011 | $6K | $5K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $3K, and assets of $57K (revenue -5.8% year-over-year).
- 2022: Revenue of $5K, expenses of $6K, and assets of $56K (revenue -82.6% year-over-year).
- 2021: Revenue of $28K, expenses of $29K, and assets of $53K (revenue +380.4% year-over-year).
- 2020: Revenue of $6K, expenses of $6K, and assets of $53K (revenue -27.8% year-over-year).
- 2019: Revenue of $8K, expenses of $7K, and assets of $53K (revenue +7.0% year-over-year).
- 2018: Revenue of $7K, expenses of $6K, and assets of $52K (revenue +2.8% year-over-year).
- 2017: Revenue of $7K, expenses of $10K, and assets of $63K (revenue +30.3% year-over-year).
- 2016: Revenue of $6K, expenses of $5K, and assets of $61K (revenue -3.8% year-over-year).
- 2015: Revenue of $6K, expenses of $6K, and assets of $55K (revenue -0.9% year-over-year).
- 2014: Revenue of $6K, expenses of $5K, and assets of $55K (revenue -6.8% year-over-year).
- 2013: Revenue of $6K, expenses of $4K, and assets of $54K (revenue +33.4% year-over-year).
- 2012: Revenue of $5K, expenses of $4K, and assets of $48K (revenue -21.3% year-over-year).
- 2011: Revenue of $6K, expenses of $5K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolcott Land Convervation Trust Inc:
Data Sources and Methodology
This transparency report for Wolcott Land Convervation 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.