Woodie Wheaton Land Trust
Woodie Wheaton Land Trust consistently grows assets with efficient spending and no reported officer compensation.
EIN: 10494342 · Frst City Twp, ME · NTEE: C342 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $161K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.2M |
| Transparency Score | 95/100 |
Is Woodie Wheaton Land Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodie Wheaton Land Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodie Wheaton Land Trust
Woodie Wheaton Land Trust (EIN: 10494342) is a nonprofit organization based in Frst City Twp, ME, classified under NTEE code C342. The organization reported total revenue of $1.1M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodie Wheaton Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodie Wheaton Land Trust is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $161K |
| Surplus / Deficit | +$46K |
| Total Assets | $6.2M |
| Total Liabilities | $5K |
| Net Assets | $6.2M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 464.5 months |
Financial Health Grade: A
In 2023, Woodie Wheaton Land Trust reported a surplus of $46K with revenue exceeding expenses, holds 464.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woodie Wheaton Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | +16.0% | +7.8% |
| 2022 | -62.3% | -23.2% | -8.1% |
| 2021 | -34.9% | +14.8% | +8.8% |
| 2020 | +126.0% | -2.1% | +18.4% |
| 2019 | +81.3% | +17.6% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Woodie Wheaton Land Trust with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Woodie Wheaton Land Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or that compensation falls below reporting thresholds, which is highly favorable for a nonprofit of its size with assets over $6 million.
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 Woodie Wheaton Land Trust:
- Consistent asset growth, from $1.9M in 2014 to $6.2M in 2023.
- Zero reported officer compensation across all available filings, indicating volunteer leadership or highly efficient administrative costs.
- Consistent operational surpluses, with revenue regularly exceeding expenses (e.g., $207,252 revenue vs. $161,098 expenses in 2023).
- Strong financial transparency with 13 years of IRS 990 filings.
- Low liabilities relative to assets in most periods, indicating financial stability.
Frequently Asked Questions about Woodie Wheaton Land Trust
Is Woodie Wheaton Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodie Wheaton Land Trust (EIN: 10494342) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Woodie Wheaton Land Trust spend its money?
Woodie Wheaton Land Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Woodie Wheaton Land Trust tax-deductible?
Woodie Wheaton Land Trust is registered as a tax-exempt nonprofit (EIN: 10494342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Woodie Wheaton Land Trust CEO make?
Woodie Wheaton Land Trust's highest-compensated officer earns $6 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Woodie Wheaton Land Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Woodie Wheaton Land Trust is above average for NTEE category C342 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Woodie Wheaton Land Trust located?
Woodie Wheaton Land Trust is headquartered in Frst City Twp, Maine and files with the IRS under EIN 10494342. It is classified under NTEE code C342.
How many years of IRS 990 filings does Woodie Wheaton Land Trust have?
Woodie Wheaton Land 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 $1.1M in total revenue.
Is Woodie Wheaton Land Trust a good charity?
Based on its financial data, Woodie Wheaton Land Trust appears to be a very good charity. It consistently operates with a surplus, grows its assets, and reports no officer compensation, suggesting high efficiency and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $1,959,674 in 2014 to $6,235,606 in 2023. Revenue and expenses fluctuate but generally maintain a healthy surplus, indicating sound financial management.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency. For instance, in 2023, expenses were $161,098 against revenue of $207,252, and with no reported officer compensation, a very high percentage of funds likely go directly to program services.
Filing History
IRS 990 filing history for Woodie Wheaton Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodie Wheaton Land Trust's revenue has grown by 18.4%, moving from $175K to $207K. Total assets increased by 234% over the same period, from $1.9M to $6.2M. Total functional expenses fell by 15.3%, from $190K to $161K. In its most recent filing year (2023), Woodie Wheaton Land Trust reported a surplus of $46K, with revenue exceeding expenses. The organization holds $5K in liabilities against $6.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $161K | $6.2M | $5K | — | — |
| 2022 | $171K | $139K | $5.8M | $578 | — | View 990 |
| 2021 | $454K | $181K | $6.3M | $-446 | — | View 990 |
| 2020 | $698K | $158K | $5.8M | $-283 | — | View 990 |
| 2019 | $309K | $161K | $4.9M | $542 | — | View 990 |
| 2018 | $170K | $137K | $4.4M | $2K | — | View 990 |
| 2017 | $1.2M | $120K | $4.7M | $49K | — | View 990 |
| 2016 | $1.2M | $96K | $3.1M | $66K | — | View 990 |
| 2015 | $174K | $101K | $2.0M | $81K | — | View 990 |
| 2014 | $198K | $171K | $2.0M | $131K | — | View 990 |
| 2013 | $128K | $121K | $1.9M | $76K | — | View 990 |
| 2012 | $101K | $102K | $1.9M | $69K | — | View 990 |
| 2011 | $175K | $190K | $1.9M | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $161K, and assets of $6.2M (revenue +21.0% year-over-year).
- 2022: Revenue of $171K, expenses of $139K, and assets of $5.8M (revenue -62.3% year-over-year).
- 2021: Revenue of $454K, expenses of $181K, and assets of $6.3M (revenue -34.9% year-over-year).
- 2020: Revenue of $698K, expenses of $158K, and assets of $5.8M (revenue +126.0% year-over-year).
- 2019: Revenue of $309K, expenses of $161K, and assets of $4.9M (revenue +81.3% year-over-year).
- 2018: Revenue of $170K, expenses of $137K, and assets of $4.4M (revenue -86.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $120K, and assets of $4.7M (revenue +0.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $96K, and assets of $3.1M (revenue +595.9% year-over-year).
- 2015: Revenue of $174K, expenses of $101K, and assets of $2.0M (revenue -11.7% year-over-year).
- 2014: Revenue of $198K, expenses of $171K, and assets of $2.0M (revenue +54.0% year-over-year).
- 2013: Revenue of $128K, expenses of $121K, and assets of $1.9M (revenue +26.9% year-over-year).
- 2012: Revenue of $101K, expenses of $102K, and assets of $1.9M (revenue -42.3% year-over-year).
- 2011: Revenue of $175K, expenses of $190K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodie Wheaton Land Trust:
Data Sources and Methodology
This transparency report for Woodie Wheaton Land 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.