Bourne Conservation Trust FY2023 filing

Tax-deductible

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

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.
71¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 12.6 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
$7K
0.04% of total assets
Looks good: liabilities are 0% 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
$123K
-97% vs prior year
Spent
$147K
To programs
71%
Net assets
$20.2M
By yearFY2020–FY2025
Revenue
$123K
FY2023▼ -97%
Revenue by fiscal year
FY2020$658K
FY2021$824K
FY2022$3.9M
FY2023$123K
FY2024$279K
FY2025$3.1M
Expenses
$147K
FY2023▼ -2%
Expenses by fiscal year
FY2020$84K
FY2021$94K
FY2022$150K
FY2023$147K
FY2024$144K
FY2025$158K
Net assets
$20.2M
FY2023+0.3%
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 FY2023 Form 990 (year ending April 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

71 cents of each dollar spent went to programs.

Program services 71% · $104K Management & general 29% · $42K Fundraising 0% · $648

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

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 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

This section is blank until Bourne Conservation Trust claims this page.

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1 program service account for $104K of program spending, described in the organization's own filed words · FY2022.
01

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

$104Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$123K
Ln 12
Gifts and grantsLn 1h$157K
Investment incomeLn 3$63K
Money outPt IX
$147K
Ln 25
Programscol B$104K
Managementcol C$42K
Fundraisingcol D$648
Owns and owesPt X
$20.2M
net assets · Ln 32
Cash and savingsLn 1–2$155K
Total assetsLn 16$20.2M
LiabilitiesLn 26$7K
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$157K
Investment incomeLn 3$63K
Gains on assetsLn 7−$97K
Total revenueLn 12$123K
Assets in detailPt X, end of year
CashLn 1$46K
SavingsLn 2$109K
Cash and savings togetherLn 1–2$155K
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$299K
Other assetsLn 15$17.0M
Total assetsLn 16$20.2M
LiabilitiesLn 26$7K
Net assetsLn 32$20.2M
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 FY23End FY23
Cash and savingsLn 1–2$441K$155K
InvestmentsLn 11–13$2.7M$2.7M
Land, buildings, equipmentLn 10c$124K$299K
Total assetsLn 16$20.3M$20.2M
LiabilitiesLn 26$150K$7K
Net assetsLn 32$20.1M$20.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Legal feesLn 11b$111$111
Accounting feesLn 11c$5K$5K
Investment management feesLn 11f$27K$27K
Other fees for servicesLn 11g$310$310
Advertising and promotionLn 12$895$895
Office expensesLn 13$9K$9K$648
Depreciation, depletion and amortizationLn 22$4K$4K$853
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$85K$85K
All other expensesLn 24e$4K$3K$621
Total functional expensesLn 25$147K$104K$42K$648

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 Viewing $123K$147K−$25K$20.2M 990 PDF
FY2022 $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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $122,674 across 5 lines filed
VIII-1f All other contributions, gifts and grants$156,956
VIII-1h Total contributions, gifts and grants$156,956
VIII-3 Investment incomeExcluded from tax $62,723$62,723
VIII-7 Net gain or loss on sales of assetsRelated to mission −$97,005−$97,005
VIII-12 Total revenueRelated to mission −$97,005 · Unrelated business $0 · Excluded from tax $62,723$122,674
Part IX · Statement of functional expenses $147,429 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-11b Legal feesManagement $111$111
IX-11c Accounting feesManagement $5,250$5,250
IX-11f Investment management feesManagement $27,090$27,090
IX-11g Other fees for servicesPrograms $310$310
IX-12 Advertising and promotionPrograms $895$895
IX-13 Office expensesManagement $8,526 · Fundraising $648$9,174
IX-22 Depreciation, depletion and amortizationPrograms $3,514 · Management $853$4,367
IX-23 InsurancePrograms $10,250$10,250
IX-24 Other expenses (24a–d)Programs $85,422$85,422
IX-24e All other expensesPrograms $2,939 · Management $621$3,560
IX-25 Total functional expensesPrograms $104,330 · Management $42,451 · Fundraising $648$147,429
Part X · Balance sheet $20,198,120 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $204,382$45,640
X-2 Savings and temporary cash investmentsStart of year $236,550$109,396
X-9 Prepaid expenses and deferred chargesStart of year $4,140$4,198
X-10c Land, buildings and equipment, netStart of year $123,959$298,814
X-11 Publicly traded securitiesStart of year $2,710,480$2,729,443
X-15 Other assetsStart of year $17,010,629$17,010,629
X-16 Total assetsStart of year $20,290,140$20,198,120
X-17 Accounts payable and accrued expensesStart of year $261$7,244
X-26 Total liabilitiesStart of year $150,261$7,244
X-27 Net assets without donor restrictionsStart of year $20,139,879$20,190,876
X-32 Total net assets or fund balancesStart of year $20,139,879$20,190,876
X-33 Total liabilities and net assetsStart of year $20,290,140$20,198,120
Part XI · Reconciliation of net assets $20,190,876 net assets at year end
XI-1 Total revenue$122,674
XI-2 Total expenses$147,429
XI-3 Revenue less expenses−$24,755
XI-4 Net assets at start of year$20,139,879
XI-5 Net unrealized gains (losses) on investments$75,752
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,190,876

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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