Orleans Conservation Trust FY2023 filing

Tax-deductible

Orleans, MA501(c)(3)Since 1970EnvironmentEIN 23-7418072Revenue $668K in FY2023

On file with the IRSorleansconservationtrust.org203 S Orleans Rd, 02653-4009 · Orleans, MATax-exempt since Oct 1970Publicly supported charity — 170(b)(1)(A)(vi)

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Orleans Conservation Trust preserves land and educates the public in order to sustain our natural resources and the character of our community for generations to come. To accomplish this mission, the Trust seeks to aquire lands to manage and maintain those lands in their natural state, to protect wildlife habitat, and to educate residents and visitors about the importance of preserving the environmental quality of Orleans.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$5K 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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FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2.2M a year · 83% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5K
to officers and key staff · 0.9% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $809K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$861K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$668K
+99% vs prior year
Spent
$568K
To programs
80%
Net assets
$42.2M
By yearFY2020–FY2024
Revenue
$668K
FY2023▲ +99%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$2.4M
FY2022$335K
FY2023$668K
FY2024$8.9M
Expenses
$568K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$436K
FY2021$345K
FY2022$399K
FY2023$568K
FY2024$525K
Net assets
$42.2M
FY2023▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$41.0M
FY2021$42.3M
FY2022$41.6M
FY2023$42.2M
FY2024$51.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1970.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $455K Management & general 18% · $100K Fundraising 2% · $12K

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

16 people listed on the 990; $5K paid to officers and key staff.

Part VII, Section A · reportable compensation
$5,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Diana Landau’s $5K as Trustee is at the 0th percentile of top reported officer pay among 1852 $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.

See Orleans Conservation Trust 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 15aNo

Programs and updates

Preserves land and educates the public to sustain natural resources and community character.

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Provided by the organization

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1 program · $455K · in their own filed words · FY2023
01

Acquistion and maintenance of land held for conservation purposes

$455Kprogram 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 · FY2024
See all 9 funders →
Grants paid · 5 grants · $224K · 2020–2024
Nauset Middle SchoolFY2024$6,000
Sipson Island Trust INCMA · FY2023$46,025
Nauset Middle SchoolFY2023$12,500

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$668K
Ln 12
Gifts and grantsLn 1h$626K
Investment incomeLn 3$35K
Fees for servicesLn 2g$7K
Money outPt IX
$568K
Ln 25
Programscol B$455K
Managementcol C$100K
Fundraisingcol D$12K
Owns and owesPt X
$42.2M
net assets · Ln 32
Cash and savingsLn 1–2$249K
Total assetsLn 16$43.0M
LiabilitiesLn 26$861K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$626K
Fees for servicesLn 2g$7K
Investment incomeLn 3$35K
Gains on assetsLn 7−$82K
Total revenueLn 12$668K
Assets in detailPt X, end of year
SavingsLn 2$249K
Cash and savings togetherLn 1–2$249K
InvestmentsLn 11–13$3.8M
Land, buildings, equipmentLn 10c$38.3M
Other assetsLn 15$609K
Total assetsLn 16$43.0M
LiabilitiesLn 26$861K
Net assetsLn 32$42.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$343K$249K
InvestmentsLn 11–13$3.5M$3.8M
Land, buildings, equipmentLn 10c$37.9M$38.3M
Total assetsLn 16$41.8M$43.0M
LiabilitiesLn 26$200K$861K
Net assetsLn 32$41.6M$42.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$64K$64K
Other salaries and wagesLn 7$206K$154K$52K
Other employee benefitsLn 9$35K$26K$9K
Payroll taxesLn 10$16K$12K$4K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$9K$9K
Other fees for servicesLn 11g$20K$17K$3K
Advertising and promotionLn 12$930$930
Office expensesLn 13$6K$6K
TravelLn 17$513$513
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$19K$16K$3K
Depreciation, depletion and amortizationLn 22$10K$10K$266
InsuranceLn 23$12K$10K$2K
Other expenses (24a–d)Ln 24$118K$111K$4K$4K
All other expensesLn 24e$17K$10K$877$6K
Total functional expensesLn 25$568K$455K$100K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.9M$525K$8.3M$51.0M 990 PDF
FY2023 Viewing $668K$568K$100K$42.2M 990 PDF
FY2022 $335K$399K−$64K$41.6M 990 PDF
FY2021 $2.4M$345K$2.0M$42.3M 990 PDF
FY2020 $1.2M$436K$729K$41.0M 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 FY2023 990 (6 parts)
Part I · Summary $668,039 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $504,124$625,648
I-9 Program service revenuePrior year $5,699$7,120
I-10 Investment incomePrior year −$174,792$35,271
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $335,031$668,039
I-13 Grants and similar amounts paidPrior year $619$63,917
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $197,192$257,616
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $201,182$246,548
I-18 Total expensesPrior year $398,993$568,081
I-19 Revenue less expensesPrior year −$63,962$99,958
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $668,039 across 7 lines filed
VIII-1b Membership dues$65,513
VIII-1f All other contributions, gifts and grants$560,135
VIII-1h Total contributions, gifts and grants$625,648
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,120$7,120
VIII-3 Investment incomeExcluded from tax $117,001$117,001
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$81,730−$81,730
VIII-12 Total revenueRelated to mission $7,120 · Unrelated business $0 · Excluded from tax $35,271$668,039
Part IX · Statement of functional expenses $568,081 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $63,917$63,917
IX-7 Other salaries and wagesPrograms $154,241 · Management $51,827$206,068
IX-9 Other employee benefitsPrograms $26,299 · Management $8,920$35,219
IX-10 Payroll taxesPrograms $12,193 · Management $4,136$16,329
IX-11b Legal feesPrograms $22,636$22,636
IX-11c Accounting feesManagement $10,103$10,103
IX-11f Investment management feesManagement $9,100$9,100
IX-11g Other fees for servicesPrograms $17,429 · Fundraising $3,066$20,495
IX-12 Advertising and promotionPrograms $930$930
IX-13 Office expensesManagement $5,740$5,740
IX-17 TravelPrograms $513$513
IX-19 Conferences, conventions and meetingsPrograms $1,076$1,076
IX-20 InterestPrograms $15,824 · Management $3,149$18,973
IX-22 Depreciation, depletion and amortizationPrograms $9,881 · Management $266$10,147
IX-23 InsurancePrograms $9,662 · Management $2,384$12,046
IX-24 Other expenses (24a–d)Programs $110,706 · Management $3,858 · Fundraising $3,511$118,075
IX-24e All other expensesPrograms $10,051 · Management $877 · Fundraising $5,786$16,714
IX-25 Total functional expensesPrograms $455,358 · Management $100,360 · Fundraising $12,363$568,081
Part X · Balance sheet $43,033,412 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $343,270$249,204
X-3 Pledges and grants receivableStart of year $70,762$50,000
X-9 Prepaid expenses and deferred chargesStart of year $9,859$9,423
X-10c Land, buildings and equipment, netStart of year $37,883,662$38,319,081
X-11 Publicly traded securitiesStart of year $3,519,531$3,796,212
X-15 Other assetsStart of year $0$609,492
X-16 Total assetsStart of year $41,827,084$43,033,412
X-17 Accounts payable and accrued expensesStart of year $242$23,378
X-24 Unsecured notes and loans payable$316,575
X-25 Other liabilitiesStart of year $0$9,967
X-26 Total liabilitiesStart of year $200,345$860,703
X-27 Net assets without donor restrictionsStart of year $3,448,433$3,628,457
X-28 Net assets with donor restrictionsStart of year $38,178,306$38,544,252
X-32 Total net assets or fund balancesStart of year $41,626,739$42,172,709
X-33 Total liabilities and net assetsStart of year $41,827,084$43,033,412
Part XI · Reconciliation of net assets $42,172,709 net assets at year end
XI-1 Total revenue$668,039
XI-2 Total expenses$568,081
XI-3 Revenue less expenses$99,958
XI-4 Net assets at start of year$41,626,739
XI-5 Net unrealized gains (losses) on investments$446,012
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$42,172,709

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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