Cornwall Conservation Trust INC FY2023 filing
Protects and conserves land for public benefit, scientific study, and education. For fiscal year 2023 it reported $228K in revenue, $89K in expenses, and $12.7M in net assets.Pt I
- Founded
- 1987
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- West Cornwall, CT
- Filings
- 6 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
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…
Ancillary Land Acquisition Costs
Legal fees of $987, appraisal fees of $699, and surveying fees of $10,000 associated with the anticipated land acquistions in future years. Total cost $11,686.
The Trust awarded twelve 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 $6,000
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 50% | — | — |
| Overhead ratio | 44% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -3% | — | — |
| Investment management fee ratio | 0.09% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 12% | — | — |
| 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.
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