Hanover Conservancy
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Protects and promotes appreciation for local land and water resources. For fiscal year 2025 it reported $573K in revenue, $286K in expenses, and $5.0M in net assets.Pt I
Summary of the Filing
Where the work happens
Education and Outreach
The hanover conservancy reaches out to the community to engage it in land conservation and stewardship. A regular calendar of 24 free events attracted over 1,000 community members to guided trips on conserved lands and indoor nature-oriented programs.
Land Stewardship
The conservancy has eight fee land holdings, including the 112-ACRE mink brook nature preserve, the 113-ACRE greensboro ridge natural area, 22 acres at the balch hill natural area, the 38-ACRE lower slade brook natural area, the 92-ACRE mayor-niles forest, the 79-ACRE britton forest, the 140-ACRE headwaters forest, and the 1.5-ACRE tunis…
Land Conservation
The hanover conservancy pursues a goal of protecting at least 30 percent of our town's land area by 2030, using a carefully crafted set of strategic conservation priorities customized for each region of our topographically diverse town.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Adair Mulligan’s $95K as Executive Director is at the 76th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 26% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | -59% | — | — |
| Investment management fee ratio | 0% | — | — |
| Accounting fee ratio | 6% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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