Wareham Land Trust INC FY2020 filing

Tax-deductible

Wareham, MA501(c)(3)EnvironmentEIN 04-3548680Revenue $55K in FY2020

On file with the IRSwarehamlandtrust.orgPo Box 718, 02571-0718 · Wareham, MATax-exempt since Jun 2001Publicly supported charity — 170(b)(1)(A)(vi)

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To protect open space & natural resources

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $88K a year · 45% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
97 mo
of spending, in cash
Looks good: 97.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $205
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
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$55K
Spent
$46K
To programs
68%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$55K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$158K
FY2022$89K
FY2023$263K
FY2024$425K
Expenses
$46K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$46K
FY2021$82K
FY2022$119K
FY2023$125K
FY2024$177K
Net assets
$2.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.7M
FY2022$2.6M
FY2023$2.8M
FY2024$3.0M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2001.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $31K Management & general 31% · $14K Fundraising 2% · $846

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

12 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Assistant Clerk
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elise Leduc-Fleming’s $48K as Executive Dir. is at the 29th percentile of top reported officer pay among 1990 $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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves open spaces and natural resources for public benefit.

Questions for Wareham Land Trust INC

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Provided by the organization

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1 program · $31K · in their own filed words · FY2020
01

Expenses for stewarding protected open space properties and other program related activities.

$31Kprogram 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$205

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$55K
Ln 12
Gifts and grantsLn 1h$51K
Investment incomeLn 3$4K
Other incomeLn 4–11$60
Money outPt IX
$46K
Ln 25
Programscol B$31K
Managementcol C$14K
Fundraisingcol D$846
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$372K
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Fundraising eventsLn 1c$19K
Investment incomeLn 3$4K
Other incomeLn 4–11$60
Gains on assetsLn 7$0
Total revenueLn 12$55K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$340K
Cash and savings togetherLn 1–2$372K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$0
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 681
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$361K$372K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.2M$2.2M
Total assetsLn 16$2.6M$2.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.6M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$4K$4K
Legal feesLn 11b$0
Accounting feesLn 11c$3K$3K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$7K$7K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$197$197
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$13K$11K$2K
All other expensesLn 24e$1K$437$846
Total functional expensesLn 25$46K$31K$14K$846

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $425K$177K$247K$3.0M 990 PDF
FY2023 $263K$125K$138K$2.8M 990 PDF
FY2022 $89K$119K−$31K$2.6M 990 PDF
FY2021 $158K$82K$76K$2.7M 990 PDF
FY2020 Viewing $55K$46K$9K$2.6M 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 FY2020 990 (6 parts)
Part I · Summary $55,373 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $46,944$51,120
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,975$4,193
I-11 Other revenuePrior year $313$60
I-12 Total revenuePrior year $54,232$55,373
I-13 Grants and similar amounts paidPrior year $5,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $38,663$45,926
I-18 Total expensesPrior year $43,663$45,926
I-19 Revenue less expensesPrior year $10,569$9,447
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $55,373 across 11 lines filed
VIII-1b Membership dues$13,105
VIII-1c Fundraising events$18,589
VIII-1f All other contributions, gifts and grants$19,426
VIII-1h Total contributions, gifts and grants$51,120
VIII-3 Investment incomeRelated to mission $4,193$4,193
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $60$60
VIII-12 Total revenueRelated to mission $4,253$55,373
Part IX · Statement of functional expenses $45,926 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $3,500$3,500
IX-11b Legal fees$0
IX-11c Accounting feesManagement $3,475$3,475
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $8,590$8,590
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,122$1,122
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $6,601$6,601
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $197$197
IX-23 InsurancePrograms $7,984$7,984
IX-24 Other expenses (24a–d)Programs $10,985 · Management $2,189$13,174
IX-24e All other expensesManagement $437 · Fundraising $846$1,283
IX-25 Total functional expensesPrograms $31,059 · Management $14,021 · Fundraising $846$45,926
Part X · Balance sheet $2,584,199 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $18,746$32,079
X-2 Savings and temporary cash investmentsStart of year $341,978$340,206
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,999$82
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,212,029$2,211,832
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,574,752$2,584,199
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,339,330$2,348,777
X-28 Net assets with donor restrictionsStart of year $235,422$235,422
X-32 Total net assets or fund balancesStart of year $2,574,752$2,584,199
X-33 Total liabilities and net assetsStart of year $2,574,752$2,584,199
Part XI · Reconciliation of net assets $2,584,199 net assets at year end
XI-1 Total revenue$55,373
XI-2 Total expenses$45,926
XI-3 Revenue less expenses$9,447
XI-4 Net assets at start of year$2,574,752
XI-10 Net assets at end of year$2,584,199

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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