The Monadnock Conservancy FY2021 filing

Tax-deductible

Keene, NH501(c)(3)Since 1990EnvironmentEIN 22-3030420Revenue $1.6M in FY2021

On file with the IRSmonadnockconservancy.orgPo Box 337, 03431-0337 · Keene, NHTax-exempt since May 1990Publicly supported charity — 170(b)(1)(A)(vi)

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To work with communities and landowners to conserve the natural resources, wild and working lands, rural character, and scenic beauty of the Monadnock region.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$97K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.7M a year · 54% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$97K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $11K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$72K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-31% vs prior year
Spent
$1.0M
To programs
67%
Net assets
$11.0M
By yearFY2020–FY2025
Revenue
$1.6M
FY2021▼ -31%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$1.6M
FY2022$2.1M
FY2023$2.1M
FY2024$3.9M
FY2025$6.9M
Expenses
$1.0M
FY2021▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.0M
FY2022$1.3M
FY2023$1.4M
FY2024$1.6M
FY2025$1.8M
Net assets
$11.0M
FY2021▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.5M
FY2021$11.0M
FY2022$10.8M
FY2023$12.0M
FY2024$15.4M
FY2025$20.9M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $687K Management & general 15% · $159K Fundraising 18% · $183K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $97K paid to officers and key staff.

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 $99K as Executive Director Through October 2024 is at the 27th percentile of top reported officer pay among 1851 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ryan Owens$99,474$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.

See The Monadnock Conservancy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conserves natural resources, lands, and scenic beauty in the Monadnock Region.

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Provided by the organization

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3 programs · $504K · in their 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

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
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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$178K
Fees for servicesLn 2g$5K
Money outPt IX
$1.0M
Ln 25
Programscol B$687K
Managementcol C$159K
Fundraisingcol D$183K
Owns and owesPt X
$11.0M
net assets · Ln 32
Cash and savingsLn 1–2$595K
Total assetsLn 16$11.1M
LiabilitiesLn 26$72K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$119K
Noncash giftsLn 1g$63K
Fees for servicesLn 2g$5K
Investment incomeLn 3$178K
Other incomeLn 4–11$1K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
SavingsLn 2$595K
Cash and savings togetherLn 1–2$595K
InvestmentsLn 11–13$5.6M
Land, buildings, equipmentLn 10c$4.0M
Other assetsLn 15$660K
Total assetsLn 16$11.1M
LiabilitiesLn 26$72K
Net assetsLn 32$11.0M
OperationsPt I, VI
EmployeesI 513
VolunteersI 685
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$630K$595K
InvestmentsLn 11–13$4.5M$5.6M
Land, buildings, equipmentLn 10c$3.9M$4.0M
Total assetsLn 16$9.7M$11.1M
LiabilitiesLn 26$168K$72K
Net assetsLn 32$9.5M$11.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$100K$40K$30K$30K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$490K$346K$54K$89K
Pension plan contributionsLn 8$23K$15K$3K$5K
Other employee benefitsLn 9$111K$73K$13K$25K
Payroll taxesLn 10$42K$27K$6K$9K
Management feesLn 11a$0
Legal feesLn 11b$8K$8K$325
Accounting feesLn 11c$13K$13K
Lobbying feesLn 11d$0
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$80K$79K$950
Advertising and promotionLn 12$0
Office expensesLn 13$61K$42K$2K$16K
Information technologyLn 14$15K$4K$7K$3K
RoyaltiesLn 15$0
OccupancyLn 16$36K$28K$4K$4K
TravelLn 17$8K$6K$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$2K$50
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$20K$11K$9K
Other expenses (24a–d)Ln 24$16K$3K$10K$2K
All other expensesLn 24e$0
Total functional expensesLn 25$1.0M$687K$159K$183K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.9M$1.8M$5.0M$20.9M 990 PDF
FY2024 $3.9M$1.6M$2.3M$15.4M 990 PDF
FY2023 $2.1M$1.4M$724K$12.0M 990 PDF
FY2022 $2.1M$1.3M$876K$10.8M 990 PDF
FY2021 Viewing $1.6M$1.0M$566K$11.0M 990 PDF
FY2020 $2.3M$1.6M$723K$9.5M 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
See the full FY2021 990 (6 parts)
Part I · Summary $1,594,426 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,038,474$1,410,891
I-9 Program service revenuePrior year $643$4,505
I-10 Investment incomePrior year $257,792$177,773
I-11 Other revenuePrior year $3,509$1,257
I-12 Total revenuePrior year $2,300,418$1,594,426
I-13 Grants and similar amounts paidPrior year $15,793$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $657,163$765,605
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $904,818$262,608
I-18 Total expensesPrior year $1,577,774$1,028,213
I-19 Revenue less expensesPrior year $722,644$566,213
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,594,426 across 8 lines filed
Lines not itemized here account for $496 of total revenue; see the IRS return.
VIII-1e Government grants$118,600
VIII-1f All other contributions, gifts and grants$1,292,291
VIII-1g Noncash contributions (included above)$62,644
VIII-1h Total contributions, gifts and grants$1,410,891
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,505$4,505
VIII-3 Investment incomeExcluded from tax $177,773$177,773
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $761$761
VIII-12 Total revenueRelated to mission $5,762 · Excluded from tax $177,773$1,594,426
Part IX · Statement of functional expenses $1,028,213 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $40,000 · Management $30,000 · Fundraising $30,000$100,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $346,491 · Management $54,012 · Fundraising $89,166$489,669
IX-8 Pension plan contributionsPrograms $14,817 · Management $3,233 · Fundraising $4,608$22,658
IX-9 Other employee benefitsPrograms $73,207 · Management $13,275 · Fundraising $24,876$111,358
IX-10 Payroll taxesPrograms $27,300 · Management $6,010 · Fundraising $8,610$41,920
IX-11a Management fees$0
IX-11b Legal feesPrograms $7,718 · Management $325$8,043
IX-11c Accounting feesManagement $13,355$13,355
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $3,625$3,625
IX-11g Other fees for servicesPrograms $79,124 · Fundraising $950$80,074
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $42,333 · Management $2,483 · Fundraising $15,810$60,626
IX-14 Information technologyPrograms $4,290 · Management $7,373 · Fundraising $2,935$14,598
IX-15 Royalties$0
IX-16 OccupancyPrograms $28,109 · Management $3,847 · Fundraising $3,995$35,951
IX-17 TravelPrograms $6,064 · Management $1,991$8,055
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $2,440 · Management $50$2,490
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $11,475 · Management $8,614$20,089
IX-24 Other expenses (24a–d)Programs $3,209 · Management $10,324 · Fundraising $2,169$15,702
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $686,577 · Management $158,517 · Fundraising $183,119$1,028,213
Part X · Balance sheet $11,060,426 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $629,800$594,537
X-3 Pledges and grants receivableStart of year $153,500$170,000
X-9 Prepaid expenses and deferred chargesStart of year $13,425$8,955
X-10c Land, buildings and equipment, netStart of year $3,882,111$4,043,127
X-11 Publicly traded securitiesStart of year $4,487,574$5,584,042
X-15 Other assetsStart of year $532,128$659,765
X-16 Total assetsStart of year $9,698,538$11,060,426
X-17 Accounts payable and accrued expensesStart of year $4,642$5,589
X-25 Other liabilitiesStart of year $163,271$66,369
X-26 Total liabilitiesStart of year $167,913$71,958
X-27 Net assets without donor restrictionsStart of year $4,344,146$5,105,075
X-28 Net assets with donor restrictionsStart of year $5,186,479$5,883,393
X-32 Total net assets or fund balancesStart of year $9,530,625$10,988,468
X-33 Total liabilities and net assetsStart of year $9,698,538$11,060,426
Part XI · Reconciliation of net assets $10,988,468 net assets at year end
XI-1 Total revenue$1,594,426
XI-2 Total expenses$1,028,213
XI-3 Revenue less expenses$566,213
XI-4 Net assets at start of year$9,530,625
XI-5 Net unrealized gains (losses) on investments$891,630
XI-10 Net assets at end of year$10,988,468

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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