Newport Tree Conservancy EIN 05-0463871 Form 990 (PDF) Claim this org

Newport Tree Conservancy FY2021 filing

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Plants and manages trees to create a healthy urban forest for Newport's residents. For fiscal year 2021 it reported $406K in revenue, $447K in expenses, and $497K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Newport, RI
Website
newporttreeconservancy.org
Filings
7 on file (2019–2021)
Revenue
$406KFY2021
Expenses
$447K
Net assets
$497K
People
6
Filings
7
Updates
0
More identity details & actions ⌄
EIN  05-0463871 Public charity (501(c)(3)) Newport, RI
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Plants and manages trees to create a healthy urban forest for Newport's residents.
Leadership
Maureen Cronin · Board Member
Money in and out
$406K revenue, $447K expenses
Bottom line
74% program efficiency
Where the money goes · FY2021
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$447K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$41K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.18 Fundraising $0.08
Program efficiency
74%
of spending reaches programs
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$406K
FY2021▼ -30%
Expenses
$447K
FY2021▼ -7%
Total assets
$504K
FY2021▲ +10%
Total liabilities
$7K
FY2021▲ ×11
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$447K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$504K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $331K of program spending, described in the organization's own filed words · FY2021.
01

The newport tree conservancy is committed to supporting the health and resilience of trees in newport, ri, connecting our community with their city-wide arboretum, and planting the next generation of newport's urban forest.

$246Kprogram expense
02

The newport tree conservancy is committed to connecting our community with trees, and that starts with environmental education for all ages. NTC'S experienced staff provides science-based, hands on programs for newport's k-12 students, as well as engaging programs for community groups ranging from summer camps to garden clubs.

$85Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNewport Tree Conservancy
EINHdr · item D05-0463871
Principal addressHdr · item CNewport, RI
WebsiteHdr · item Jnewporttreeconservancy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFFeb 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Newport Tree Conservancy executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$344K · 85%
Other revenue$43K · 11%
Program service revenue$19K · 5%
Contributions & grants85%$344K
Other revenue11%$43K
Program service revenue5%$19K
Investment income$476
Total revenueLn 12$406K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.18 Fundraising $0.08
Program services74%$331K
Management & general18%$81K
Fundraising8%$35K
Total functional expensesLn 25$447K

Balance Sheet

Part X · end of year
CashLn 1$312K
Total assetsLn 16$504K
Total liabilitiesLn 26$7K
Total net assetsLn 32$497K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $312K · Operating expenses/yr $447K
8.4 months
Where the money goes
Program services
Program services $331K · Total expenses $447K
74%
Management & General
Management & general $81K · Total expenses $447K
18%
Fundraising
Fundraising $35K · Total expenses $447K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $19K · Solicited contributions (3-yr avg) $390K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $344K · Total revenue $406K
85%
Government reliance
Government grants — · Total revenue $406K
Earned-income share
Program service revenue $19K · Total revenue $406K
5%
Investment reliance
Investment income $476 · Total revenue $406K
+0.1%
Program self-sufficiency
Program service revenue $19K · Total expenses $447K
4%
Growth & trend
Revenue growth (YoY)
This year $406K · Prior year $579K
-30%
Net-asset trend (YoY)
End of year $497K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $406K · Expenses $447K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $504K
Net-asset ratio
Net assets $497K · Total assets $504K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $504K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Maureen Cronin · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $447K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $314K · Total expenses $447K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 18%
Fundraising cost ratio 10%
Revenue growth -30%
Accounting fee ratio 0.8%

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
Ppl FoundationFY2025$15K
Total grants receivedfrom 1 funder$15K

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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)$776K revenue · ⤓ 990 PDF
FY2024$584K revenue · ⤓ 990 PDF
FY2023$562K revenue · ⤓ 990 PDF
FY2022$399K revenue · ⤓ 990 PDF
FY2021$406K revenue · viewing · ⤓ 990 PDF
FY2020$579K revenue · ⤓ 990 PDF
FY2019$343K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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