Bourne Conservation Trust FY2022 filing

Tax-deductible

Cataumet, MA501(c)(3)EnvironmentEIN 04-2767827

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Funds provided are used to further the 501(c)(3) objectives of promoting the preservation of the scenic character of the town of Bourne by sequestering select parcels of land, keeping them in their natural state and available for appropriate recreational purposes.

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

FY2022 · 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 6
filings with a surplus
Average surplus $1.4M a year · 91% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
35 mo
of spending, in cash
Looks good: 35.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $542K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$150K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
+378% vs prior year
Spent
$150K
To programs
73%
Net assets
$20.1M
By yearFY2020–FY2025
Revenue
$3.9M
FY2022▲ +378%
Revenue by fiscal year
FY2020$658K
FY2021$824K
FY2022$3.9M
FY2023$123K
FY2024$279K
FY2025$3.1M
Expenses
$150K
FY2022▲ +59%
Expenses by fiscal year
FY2020$84K
FY2021$94K
FY2022$150K
FY2023$147K
FY2024$144K
FY2025$158K
Net assets
$20.1M
FY2022▲ +22%
Net assets by fiscal year
FY2020$15.7M
FY2021$16.6M
FY2022$20.1M
FY2023$20.2M
FY2024$20.4M
FY2025$23.4M

From the FY2022 Form 990 (year ending April 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Sep 1980.

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% · $110K Management & general 27% · $40K Fundraising 0% · $161

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

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bourne Conservation Trust 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 15aNo

Programs and updates

Preserves scenic land in its natural state for recreation.

Provided by the organization

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1 program service account for $110K of program spending, described in the organization's own filed words · FY2021.
01

The organization acquires and maintains land in and around the town of bourne, masssachusetts in order to fulfill its mission

$110Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 1 grant · $10K · 2023–2023

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$3.8M
Investment incomeLn 3$177K
Other incomeLn 4–11$2K
Money outPt IX
$150K
Ln 25
Programscol B$110K
Managementcol C$40K
Fundraisingcol D$161
Owns and owesPt X
$20.1M
net assets · Ln 32
Cash and savingsLn 1–2$441K
Total assetsLn 16$20.3M
LiabilitiesLn 26$150K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Noncash giftsLn 1g$347K
Investment incomeLn 3$177K
Other incomeLn 4–11$2K
Gains on assetsLn 7$127K
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
CashLn 1$204K
SavingsLn 2$237K
Cash and savings togetherLn 1–2$441K
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$124K
Other assetsLn 15$17.0M
Total assetsLn 16$20.3M
LiabilitiesLn 26$150K
Net assetsLn 32$20.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderApril
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 FY22End FY22
Cash and savingsLn 1–2$392K$441K
InvestmentsLn 11–13$2.8M$2.7M
Land, buildings, equipmentLn 10c$48K$124K
Total assetsLn 16$16.6M$20.3M
LiabilitiesLn 26$77K$150K
Net assetsLn 32$16.6M$20.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$5K$5K
Investment management feesLn 11f$29K$29K
Other fees for servicesLn 11g$997$997
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$3K$3K$161
InterestLn 20$282$282
Depreciation, depletion and amortizationLn 22$4K$4K$853
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$91K$91K
All other expensesLn 24e$633$43$590
Total functional expensesLn 25$150K$110K$40K$161

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.1M$158K$2.9M$23.4M 990 PDF
FY2024 $279K$144K$135K$20.4M 990 PDF
FY2023 $123K$147K−$25K$20.2M 990 PDF
FY2022 Viewing $3.9M$150K$3.8M$20.1M 990 PDF
FY2021 $824K$94K$730K$16.6M 990 PDF
FY2020 $658K$84K$573K$15.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $3,941,028 across 7 lines filed
VIII-1f All other contributions, gifts and grants$3,762,599
VIII-1g Noncash contributions (included above)$346,621
VIII-1h Total contributions, gifts and grants$3,762,599
VIII-3 Investment incomeExcluded from tax $49,606$49,606
VIII-7 Net gain or loss on sales of assetsExcluded from tax $127,173$127,173
VIII-8 Net income from fundraising eventsExcluded from tax $1,650$1,650
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $178,429$3,941,028
Part IX · Statement of functional expenses $149,965 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $1,750$1,750
IX-11b Legal feesManagement $2,145$2,145
IX-11c Accounting feesManagement $5,000$5,000
IX-11f Investment management feesManagement $28,728$28,728
IX-11g Other fees for servicesPrograms $997$997
IX-12 Advertising and promotionPrograms $1,803$1,803
IX-13 Office expensesManagement $2,969 · Fundraising $161$3,130
IX-20 InterestPrograms $282$282
IX-22 Depreciation, depletion and amortizationPrograms $3,564 · Management $853$4,417
IX-23 InsurancePrograms $10,085$10,085
IX-24 Other expenses (24a–d)Programs $90,995$90,995
IX-24e All other expensesPrograms $43 · Management $590$633
IX-25 Total functional expensesPrograms $109,519 · Management $40,285 · Fundraising $161$149,965
Part X · Balance sheet $20,290,140 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $348,836$204,382
X-2 Savings and temporary cash investmentsStart of year $43,355$236,550
X-9 Prepaid expenses and deferred chargesStart of year $4,052$4,140
X-10c Land, buildings and equipment, netStart of year $47,604$123,959
X-11 Publicly traded securitiesStart of year $2,751,099$2,710,480
X-15 Other assetsStart of year $13,433,648$17,010,629
X-16 Total assetsStart of year $16,628,594$20,290,140
X-17 Accounts payable and accrued expensesStart of year $6,737$261
X-24 Unsecured notes and loans payableStart of year $70,403$150,000
X-26 Total liabilitiesStart of year $77,140$150,261
X-27 Net assets without donor restrictionsStart of year $16,551,454$20,139,879
X-32 Total net assets or fund balancesStart of year $16,551,454$20,139,879
X-33 Total liabilities and net assetsStart of year $16,628,594$20,290,140
Part XI · Reconciliation of net assets $20,139,879 net assets at year end
XI-1 Total revenue$3,941,028
XI-2 Total expenses$149,965
XI-3 Revenue less expenses$3,791,063
XI-4 Net assets at start of year$16,551,454
XI-5 Net unrealized gains (losses) on investments−$202,638
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,139,879

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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