Ammonoosuc Conservation Tr EIN 02-6121209 Form 990 (PDF) Claim this org

Ammonoosuc Conservation Tr FY2024 filing

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Conserves open spaces, farms, forests, and wildlife habitats in western White Mountains. For fiscal year 2024 it reported $855K in revenue, $524K in expenses, and $4.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Franconia, NH
Website
www.act-nh.org
Filings
5 on file (2021–2024)
Revenue
$855KFY2024
Expenses
$524K
Net assets
$4.1M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  02-6121209 Public charity (501(c)(3)) Franconia, NH
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/2/26 · see original: IRS
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Size
$1–10M
What they do
Conserves open spaces, farms, forests, and wildlife habitats in western White Mountains.
Leadership
Kim Cartwright · Executive Director · $73K
Money in and out
$855K revenue, $524K expenses
Bottom line
51% program efficiency
Where the money goes · FY2024
Total revenue
$855K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$4.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $330K
Where spending went · Part IX cols B–D
Program services $0.51 Management & general $0.27 Fundraising $0.22
Program efficiency
51%
of spending reaches programs
Operating runway
73.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$855K
FY2024▼ -0.6%
Expenses
$524K
FY2024▲ +29%
Total assets
$4.2M
FY2024▲ +4%
Total liabilities
$77K
FY2024▲ +186%
Total revenue
$855K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$4.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$330K
Total assetsPt X · Ln 16$4.2M
Program-expense ratioPt IX · col B51%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $266K of program spending, described in the organization's own filed words · FY2023.
01

Various projects and operating expenses related to mission.

$266Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmmonoosuc Conservation Tr
EINHdr · item D02-6121209
Principal addressHdr · item CFranconia, NH
WebsiteHdr · item Jwww.act-nh.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C34)
Ruling yearIRS BMFJun 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$72,809Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kim Cartwright’s $71K as Executive Director, Through August 2024 is at the 9th percentile of top reported officer pay among 1845 $1–10M 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2021
Kim Cartwright$70,970$72,809$19,354
Rebecca Brown$71,565
Rosalind Page$18,498

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$804K · 94%
Investment income$47K · 6%
Contributions & grants94%$804K
Investment income6%$47K
Other revenue$3K
Total revenueLn 12$855K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.51 Management & general $0.27 Fundraising $0.22
Program services51%$266K
Management & general27%$141K
Fundraising22%$117K
Total functional expensesLn 25$524K

Balance Sheet

Part X · end of year
CashLn 1$54K
Total assetsLn 16$4.2M
Total liabilitiesLn 26$77K
Total net assetsLn 32$4.1M
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses (Pt IX) $524K · Less non-cash grants $220K · Cash operating expenses/yr $304K
73.9 months
Where the money goes
Program services
Program services $266K · Total expenses $524K
51%
Management & General
Management & general $141K · Total expenses $524K
27%
Fundraising
Fundraising $117K · Total expenses $524K
22%
Cost to raise $1
Fundraising expense (3-yr avg) $55K · Solicited contributions (3-yr avg) $684K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $804K · Total revenue $855K
94%
Government reliance
Government grants — · Total revenue $855K
Earned-income share
Program service revenue $0 · Total revenue $855K
0%
Investment reliance
Investment income $47K · Total revenue $855K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $524K
0%
Growth & trend
Revenue growth (YoY)
This year $855K · Prior year $860K
-0.6%
Net-asset trend (YoY)
End of year $4.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $855K · Expenses $524K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $4.2M
Net-asset ratio
Net assets $4.1M · Total assets $4.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.2M
43%
People & payroll
Highest Reported Total Compensation
Individual Kim Cartwright · Reported title Executive Director · Highest reported compensation $73K · Total expenses $524K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $360K · Total expenses $524K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 51%
Overhead ratio 27%
Fundraising cost ratio 15%
Revenue growth -0.6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%

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

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$22K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.4M revenue · ⤓ 990 PDF
FY2024$855K revenue · viewing · ⤓ 990 PDF
FY2023$860K revenue · ⤓ 990 PDF
FY2022$497K revenue · ⤓ 990 PDF
FY2021$501K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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