The Monadnock Conservancy EIN 22-3030420

The Monadnock Conservancy FY2021 filing

EIN  22-3030420 Public charity (501(c)(3)) Keene, NH
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Conserves natural resources, lands, and scenic beauty in the Monadnock Region.
Leadership
Ryan Owens · Executive Director · $97K
Money in and out
$1.6M revenue, $1.0M expenses
Bottom line
67% program efficiency

Conserves natural resources, lands, and scenic beauty in the Monadnock Region. For fiscal year 2021 it reported $1.6M in revenue, $1.0M in expenses, and $11.0M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$11.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $566K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.15 Fundraising $0.18
Program efficiency
67%
of spending reaches programs
Operating runway
76.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.6M
FY2021▼ -31%
Expenses
$1.0M
FY2021▼ -35%
Total assets
$11.1M
FY2021▲ +14%
Total liabilities
$72K
FY2021▼ -57%
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$11.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$566K
Total assetsPt X · Ln 16$11.1M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $504K of program spending, described in the organization's own filed words · FY2020.
01

Land protection the organization acquired the 132-ACRE gertrude russell forest from the girl scouts of the green and white mountains. The public will benefit from the protection of a portion of the regional monadnock-sunapee greenway trail, guaranteeing continued public access, and the protection of important wildlife habitat and…

$231Kprogram expense
02

Conservation easement stewardship the organization supported and coordinated 17 volunteers and five staff members to monitor 225 conservation easement properties totaling more than 19,000 acres.

$171Kprogram expense
03

Education and outreach the organization published an annual report, two semiannual print newsletters, and monthly electronic newsletters about land conservation in southwestern new hampshire.

$102Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Monadnock Conservancy
EINHdr · item D22-3030420
Principal addressHdr · item CKeene, NH
WebsiteHdr · item Jwww.monadnockconservancy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C340)
Ruling yearIRS BMFMay 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$96,689Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ryan Owens’s $110K as Prior Executive Director is at the 38th 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ryan Owens$110,426$104,333$97,754$96,689$94,451

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.4M · 88%
Investment income$178K · 11%
Contributions & grants88%$1.4M
Investment income11%$178K
Program service revenue$5K
Other revenue$1K
— government grantsLn 1e$119K
Total revenueLn 12$1.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.15 Fundraising $0.18
Program services67%$687K
Management & general15%$159K
Fundraising18%$183K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$595K
Total assetsLn 16$11.1M
Total liabilitiesLn 26$72K
Total net assetsLn 32$11.0M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.2M · Operating expenses (Pt IX) $1.0M · Less non-cash grants $63K · Cash operating expenses/yr $966K
76.8 months
Where the money goes
Program services
Program services $687K · Total expenses $1.0M
67%
Management & General
Management & general $159K · Total expenses $1.0M
15%
Fundraising
Fundraising $183K · Total expenses $1.0M
18%
Cost to raise $1
Fundraising expense (2-yr avg) $178K · Solicited contributions (2-yr avg) $1.3M
$0.14 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.4M · Total revenue $1.6M
88%
Government reliance
Government grants $119K · Total revenue $1.6M
7%
Earned-income share
Program service revenue $5K · Total revenue $1.6M
0%
Investment reliance
Investment income $178K · Total revenue $1.6M
+11%
Program self-sufficiency
Program service revenue $5K · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $1.6M · Prior year $2.3M
-31%
Net-asset trend (YoY)
End of year $11.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.6M · Expenses $1.0M
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $11.1M
Net-asset ratio
Net assets $11.0M · Total assets $11.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $11.1M
50%
People & payroll
Highest Reported Total Compensation
Individual Ryan Owens · Reported title Executive Director · Highest reported compensation $97K · Total expenses $1.0M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $766K · Total expenses $1.0M
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 15%
Fundraising cost ratio 13%
Revenue growth -31%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2025
Ggm TrFY2025$800
Total grants receivedfrom 3 funders$11K
See all 3 funders →
Grants paid · 2 grants · $28K · 2019–2022
City of KeeneFY2022$12,000
Winchester Learning CenterNH · FY2019$15,793

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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)$3.9M revenue · ⤓ 990 PDF
FY2023$2.1M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.6M revenue · viewing · ⤓ 990 PDF
FY2020$2.3M 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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