Cornwall Conservation Trust INC FY2022 filing

Tax-deductible

West Cornwall, CT501(c)(3)Since 1987EIN 06-1203660

Acquisition or control and conservation of land in Litchfield County and the Town of Cornwall, Connecticut. To promote scientific study and educational endeavors. To use all the properties held or controlled for the benefit of the general public.

501(c)(3) charity; gifts are tax-deductible.
55¢ 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
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
6 of 6
years in the black
Pt I · Ln 19 · 6 filings
How much reaches the programs?
55%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
10 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $202K
Funders’ Sch. I, 990-PF
Do they carry debt?
$9K
liabilities
Pt X · Ln 26
Who oversees it?
17
independent of 17 voting board members
Pt VI · Ln 1a–1b
Revenue
$235K
-65% vs prior year
Spent
$105K
To programs
55%
Net assets
$12.5M
By yearFY2020–FY2025
Revenue
$235K
FY2022▼ -65%
Revenue by fiscal year
FY2020$1.1M
FY2021$667K
FY2022$235K
FY2023$228K
FY2024$658K
FY2025$1.2M
Expenses
$105K
FY2022▼ -20%
Expenses by fiscal year
FY2020$125K
FY2021$132K
FY2022$105K
FY2023$89K
FY2024$126K
FY2025$105K
Net assets
$12.5M
FY2022-0.4%
Net assets by fiscal year
FY2020$11.9M
FY2021$12.5M
FY2022$12.5M
FY2023$12.7M
FY2024$13.3M
FY2025$14.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CCornwall Conservation Trust INC
EINHdr · item D06-1203660
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 1987
Year of formationHdr · item L1987
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CWest Cornwall, CT
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.41 Fundraising $0.04
Program services55%$58K
Management & general41%$43K
Fundraising4%$5K
Total functional expensesLn 25$105K

Financial health

Is it on solid ground?

Program efficiency
55%
of spending reaches programs
Operating runway
116.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+55%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$12.5M
FY2022-0.5%
Total assets by fiscal year
FY2020$12.4M
FY2021$12.5M
FY2022$12.5M
FY2023$12.9M
FY2024$13.3M
FY2025$14.6M
Total liabilities
$9K
FY2022▼ -49%
Total liabilities by fiscal year
FY2020$464K
FY2021$17K
FY2022$9K
FY2023$212K
FY2024$19K
FY2025$113K
Revenue less expensesPt I · Ln 19$130K
Total assetsPt X · Ln 16$12.5M
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$12.5M
Total liabilitiesLn 26$9K
Total net assetsLn 32$12.5M
Months of cash on handcomputed9.5

Statement of Revenue

Part VIII
Contributions & grants$183K · 78%
Investment income$52K · 22%
Contributions & grants78%$183K
Investment income22%$52K
— government grantsLn 1e$2K
Total revenueLn 12$235K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $105K
116.4 months
Where the money goes
Program services
Program services $58K · Total expenses $105K
55%
Management & General
Management & general $43K · Total expenses $105K
41%
Fundraising
Fundraising $5K · Total expenses $105K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $304K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $183K · Total revenue $235K
78%
Government reliance
Government grants $2K · Total revenue $235K
0.9%
Earned-income share
Program service revenue $0 · Total revenue $235K
0%
Investment reliance
Investment income $52K · Total revenue $235K
+22%
Program self-sufficiency
Program service revenue $0 · Total expenses $105K
0%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $667K
-65%
Net-asset trend (YoY)
End of year $12.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $105K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $12.5M
—
Net-asset ratio
Net assets $12.5M · Total assets $12.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $936K · Total assets (Pt X, ln 16) $12.5M
7%
People & payroll
Highest Reported Total Compensation
Individual Barton Jones · Reported title President · Highest reported compensation $0 · Total expenses $105K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12K · Total expenses $105K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 55%——
Overhead ratio 41%——
Fundraising cost ratio 3%——
Revenue growth -65%——
Investment management fee ratio 0.1%——
Legal fee ratio 0.8%——
Accounting fee ratio 11%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cornwall Conservation Trust INC executive salaries →

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Governance & Policies

Part VI
  • 17Voting board membersPt VI · Ln 1a
  • 17Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Protects and conserves land for public benefit, scientific study, and education.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $187K of program spending, described in the organization's own filed words · FY2022.
01

Land Acquisition

Boyum Preserve on Cornwall Hollow Road - 23 acres purchased for $125,000 plus expenses of $3,839 capitalized. Acquired using contributions. Total cost $128,839.

$129Kprogram expense
02

Stewardship Expenditures

o Cornwall Conservation Trust's land manager works on mapping, staking laying out trails and other stewardship activities relating to the Trust's properties. o Insurance on the Trust's properties; o Mapping; o Communication with members and townspeople, including enhancements to newsletter and invitations to townspeople to enjoy newly…

$53Kprogram expense
03

The Trust awarded eight scholarships to students who graduated from Housatonic Regional High School and who were enrolled or were entering college to assist them in studies relating to conservation. Expenses $4,800

$5Kprogram 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 · FY2025
Total grants receivedfrom 2 funders$202K
Grants paid · 5 grants · $39K · 2020–2025
Unitemized GrantFY2025$9,000
Unitemized GrantFY2024$9,000
Unitemized GrantFY2023$6,000
Unitemized GrantFY2021$7,200
Unitemized GrantFY2020$7,700

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $1.2M$105K+80% 990 PDF
FY2024 $658K$126K+188% 990 PDF
FY2023 $228K$89K-3% 990 PDF
FY2022 Viewing $235K$105K-65% 990 PDF
FY2021 $667K$132K-41% 990 PDF
FY2020 $1.1M$125K 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

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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