To promote the conservation of land and water and appreciation of natural resources in Hanover, NH.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $474K a year · 65% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Plus $1.5M in investments, Pt X · Ln 11–13
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$399K
Spent
$234K
To programs
73%
Net assets
$2.4M
By yearFY2021–FY2025
Revenue
$399K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$399K
FY2022$893K
FY2023$422K
FY2024$1.4M
FY2025$573K
Expenses
$234K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$234K
FY2022$214K
FY2023$214K
FY2024$351K
FY2025$286K
Net assets
$2.4M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$2.4M
FY2022$2.8M
FY2023$3.1M
FY2024$4.5M
FY2025$5.0M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $170K Management & general 18% · $43K Fundraising 9% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Adair Mulligan’s $95K as Executive Director is at the 76th percentile of top reported officer pay among 1989 $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.

See Hanover Conservancy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Protects and promotes appreciation for local land and water resources.

Questions for Hanover Conservancy

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Provided by the organization

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3 programs · $157K · in their own filed words · FY2020
01

Education and outreach-the hanover conservancy reaches out to the community to engage it in land conservation and stewardship. This year the conservancy continued to recruit and train new volunteers and provide information on important conservation issues through its new and expanded website,electronic newsletters and community…

$65Kprogram expense
02

Land conservation-we worked with the town of hanover and the trust for public land to bring a major 250-ACRE conservation project, the mink brook community forest, completed and assisted with enlisting community support and funding. We also worked on several other conservation projects.

$64Kprogram expense
03

Land stewardship-the conservancy has six major 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, and the 79 -acre britton forest.

$28Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$300

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$399K
Ln 12
Gifts and grantsLn 1h$298K
Investment incomeLn 3$101K
Money outPt IX
$234K
Ln 25
Programscol B$170K
Managementcol C$43K
Fundraisingcol D$21K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$24K
Total assetsLn 16$2.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$298K
Government grantsLn 1e$23K
Noncash giftsLn 1g$5K
Investment incomeLn 3$101K
Gains on assetsLn 7$77K
Total revenueLn 12$399K
Assets in detailPt X, end of year
CashLn 1$24K
Cash and savings togetherLn 1–2$24K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$887K
Other assetsLn 15$36K
Total assetsLn 16$2.4M
LiabilitiesLn 26$0
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 53
VolunteersI 666
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$56K$24K
InvestmentsLn 11–13$1.2M$1.5M
Land, buildings, equipmentLn 10c$887K$887K
Total assetsLn 16$2.2M$2.4M
LiabilitiesLn 26$23K$0
Net assetsLn 32$2.1M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$119K$76K$30K$13K
Pension plan contributionsLn 8$3K$2K$860$378
Other employee benefitsLn 9$1K$736$288$127
Payroll taxesLn 10$9K$5K$2K$1K
Accounting feesLn 11c$10K$6K$2K$1K
Office expensesLn 13$9K$5K$956$3K
OccupancyLn 16$9K$4K$4K$1K
Conferences, conventions and meetingsLn 19$828$828
Depreciation, depletion and amortizationLn 22$290$290
InsuranceLn 23$4K$2K$966$435
Other expenses (24a–d)Ln 24$55K$55K
All other expensesLn 24e$13K$11K$1K$440
Total functional expensesLn 25$234K$170K$43K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $573K$286K$287K$5.0M 990 PDF
FY2024 $1.4M$351K$1.0M$4.5M 990 PDF
FY2023 $422K$214K$208K$3.1M 990 PDF
FY2022 $893K$214K$679K$2.8M 990 PDF
FY2021 Viewing $399K$234K$165K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $399,131 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $282,396$298,319
I-9 Program service revenue$0
I-10 Investment incomePrior year $33,369$100,812
I-11 Other revenue$0
I-12 Total revenuePrior year $315,765$399,131
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $131,094$132,869
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $85,541$100,815
I-18 Total expensesPrior year $216,635$233,684
I-19 Revenue less expensesPrior year $99,130$165,447
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $399,131 across 7 lines filed
VIII-1e Government grants$23,000
VIII-1f All other contributions, gifts and grants$275,319
VIII-1g Noncash contributions (included above)$4,774
VIII-1h Total contributions, gifts and grants$298,319
VIII-3 Investment incomeExcluded from tax $24,056$24,056
VIII-7 Net gain or loss on sales of assetsRelated to mission $76,756$76,756
VIII-12 Total revenueRelated to mission $76,756 · Excluded from tax $24,056$399,131
Part IX · Statement of functional expenses $233,684 across 12 lines filed
IX-7 Other salaries and wagesPrograms $76,355 · Management $29,726 · Fundraising $13,411$119,492
IX-8 Pension plan contributionsPrograms $2,202 · Management $860 · Fundraising $378$3,440
IX-9 Other employee benefitsPrograms $736 · Management $288 · Fundraising $127$1,151
IX-10 Payroll taxesPrograms $5,486 · Management $2,274 · Fundraising $1,026$8,786
IX-11c Accounting feesPrograms $6,149 · Management $2,394 · Fundraising $1,080$9,623
IX-13 Office expensesPrograms $5,087 · Management $956 · Fundraising $2,543$8,586
IX-16 OccupancyPrograms $4,094 · Management $3,706 · Fundraising $1,296$9,096
IX-19 Conferences, conventions and meetingsPrograms $828$828
IX-22 Depreciation, depletion and amortizationManagement $290$290
IX-23 InsurancePrograms $2,480 · Management $966 · Fundraising $435$3,881
IX-24 Other expenses (24a–d)Programs $55,397$55,397
IX-24e All other expensesPrograms $11,273 · Management $1,401 · Fundraising $440$13,114
IX-25 Total functional expensesPrograms $170,087 · Management $42,861 · Fundraising $20,736$233,684
Part X · Balance sheet $2,423,398 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $56,391$24,333
X-9 Prepaid expenses and deferred charges$4,060
X-10c Land, buildings and equipment, netStart of year $887,410$887,121
X-11 Publicly traded securitiesStart of year $1,195,325$1,471,771
X-15 Other assetsStart of year $27,973$36,113
X-16 Total assetsStart of year $2,167,099$2,423,398
X-26 Total liabilitiesStart of year $23,000$0
X-27 Net assets without donor restrictionsStart of year $1,134,902$1,399,074
X-28 Net assets with donor restrictionsStart of year $1,009,197$1,024,324
X-32 Total net assets or fund balancesStart of year $2,144,099$2,423,398
X-33 Total liabilities and net assetsStart of year $2,167,099$2,423,398
Part XI · Reconciliation of net assets $2,423,398 net assets at year end
XI-1 Total revenue$399,131
XI-2 Total expenses$233,684
XI-3 Revenue less expenses$165,447
XI-4 Net assets at start of year$2,144,099
XI-5 Net unrealized gains (losses) on investments$113,852
XI-10 Net assets at end of year$2,423,398

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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