Hanover Conservancy FY2023 filing
Protects and promotes appreciation for local land and water resources. For fiscal year 2023 it reported $422K in revenue, $214K in expenses, and $3.1M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Environment
- Location
- Hanover, NH
- Website
- www.hanoverconservancy.org
- Filings
- 5 on file (2021–2023)
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Summary of the Filing
Where the work happens
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.
Land conservation-completed work with the town of hanover on acquiring a permanent conservation easement on the king bird sanctuary and valuable forested wetlands accessible by trails from the hanover town library in etna village.
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 comprehensive website,electronic newsletters and community activities.
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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 | 71% | — | — |
| Overhead ratio | 20% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | -53% | — | — |
| Investment management fee ratio | 0.2% | — | — |
| Accounting fee ratio | 5% | — | — |
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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