Harwich Conservation Tr EIN 04-6599166

Harwich Conservation Tr

EIN  04-6599166 Public charity (501(c)(3)) South Harwich, MA Founded 1988
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/20/26 · see original filing: IRS
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Size
$1–10M
What they do
Preserves and conserves open space in Harwich, Massachusetts.
Leadership
Michael Lach · Executive Di · $186K
Money in and out
$6.1M revenue, $808K expenses
Bottom line
71% program efficiency

Preserves and conserves open space in Harwich, Massachusetts. For fiscal year 2024 it reported $6.1M in revenue, $808K in expenses, and $24.6M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$6.1M
Pt VIII · Ln 12
Total expenses
$808K
Pt IX · Ln 25
Net assets
$24.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5.3M
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.21 Fundraising $0.08
Program efficiency
71%
of spending reaches programs▼ -18% vs prior filing year
Operating runway
216.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+87%
revenue over expenses, this year▼ -4% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$6.1M
FY2024▼ -28%
Expenses
$808K
FY2024▼ -1%
Total assets
$24.7M
FY2024▲ +28%
Total liabilities
$8K
FY2024▼ -18%
Total revenue
$6.1M
Pt VIII · Ln 12
Total expenses
$808K
Pt IX · Ln 25
Net assets
$24.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5.3M
Total assetsPt X · Ln 16$24.7M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $578K of program spending, described in the organization's own filed words · FY2024.
01

Preservation and conservation of land in harwich, massachusetts and establishment of sound conservation practices.

$578Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHarwich Conservation Tr
EINHdr · item D04-6599166
Principal addressHdr · item CSouth Harwich, MA
WebsiteHdr · item Jharwichconservationtrust.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C300)
Ruling yearIRS BMFOct 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
Executive Di
$186,154Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Lach’s $186K as Executive Di is at the 80th percentile of top reported officer pay among 1843 $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.

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Statement of Revenue

Part VIII
Contributions & grants$5.5M · 91%
Program service revenue$262K · 4%
Investment income$231K · 4%
Other revenue$57K · 1%
Contributions & grants91%$5.5M
Program service revenue4%$262K
Investment income4%$231K
Other revenue1%$57K
— government grantsLn 1e$3.1M
Total revenueLn 12$6.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.21 Fundraising $0.08
Program services71%$578K
Management & general21%$168K
Fundraising8%$63K
Total functional expensesLn 25$808K

Balance Sheet

Part X · end of year
CashLn 1$5.2M
Total assetsLn 16$24.7M
Total liabilitiesLn 26$8K
Total net assetsLn 32$24.6M
Months of cash on handcomputed77.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.2M · Operating expenses (Pt IX) $808K · Less non-cash grants $410K · Cash operating expenses/yr $398K
216.1 months
Where the money goes
Program services
Program services $578K · Total expenses $808K
71%
Management & General
Management & general $168K · Total expenses $808K
21%
Fundraising
Fundraising $63K · Total expenses $808K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $4.5M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.5M · Total revenue $6.1M
91%
Government reliance
Government grants $3.1M · Total revenue $6.1M
51%
Earned-income share
Program service revenue $262K · Total revenue $6.1M
4%
Investment reliance
Investment income $231K · Total revenue $6.1M
+4%
Program self-sufficiency
Program service revenue $262K · Total expenses $808K
32%
Growth & trend
Revenue growth (YoY)
This year $6.1M · Prior year $8.4M
-28%
Revenue CAGR
FY2020 $1.4M · FY2024 $6.1M
+45%
Net-asset trend (YoY)
End of year $24.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.1M · Expenses $808K
+87%
Liabilities-to-Assets
Total liabilities — · Total assets $24.7M
Net-asset ratio
Net assets $24.6M · Total assets $24.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $24.7M
8%
People & payroll
Highest Reported Total Compensation
Individual Michael Lach · Reported title EXECUTIVE DI · Highest reported compensation $186K · Total expenses $808K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $455K · Total expenses $808K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 21%
Fundraising cost ratio 1%
Revenue growth -28%
Accounting fee ratio 2%

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 · FY2024
See all 13 funders →

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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
FY2024 (Latest)$6.1M revenue · viewing · ⤓ 990 PDF
FY2023$8.4M revenue · ⤓ 990 PDF
FY2022$3.8M revenue · ⤓ 990 PDF
FY2021$2.4M revenue · ⤓ 990 PDF
FY2020$1.4M 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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