Sponsor charitable projects, enabling arts, health, and environmental groups to operate.
For fiscal year 2024 it reported $1.4M in revenue, $1.2M in expenses, and $922K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$922K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $118K
Where spending went · Part IX cols B–D
87%
12%
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program efficiency
87%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate▼ -10% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -70% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +20%
$1.4M$678K$0
FY2022FY2024
Expenses
$1.2M
FY2024▲ +55%
$1.2M$619K$0
FY2022FY2024
Total assets
$990K
FY2024▲ +15%
$990K$495K$0
FY2022FY2024
Total liabilities
$68K
FY2024▲ +14%
$68K$34K$0
FY2022FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$922K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$118K
Total assetsPt X · Ln 16$990K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III
Where the work happens
3 program services account for $555K of program spending, described in the organization's own filed words · FY2024.
01
The Farmers Land Trust (TFLT) exists to facilitate the preservation of farms and the transition of land ownership into community stewardship for a resilient and just future. Our organization is founded on a heritage of innovating the Farmland Commons model to serve local and regional farming communities.
$230Kprogram expense
02
The Cambridge Nonprofit Coalition advances equity and justice in the community by strengthening the Cambridge nonprofit sector, building collective voice, and promoting collaboration.
$174Kprogram expense
03
Kindling Collective provides access to outdoor recreation for those new to recreating in the outdoors by maintaining a library of loaner outdoor gear. Kindling Collective also hosts adult participants on outdoor trips including hiking, backpacking, canoeing, sailing, etc.
Harry Meltzer’s $6K as Executive Director
is at the 1st percentile of top reported officer pay among 2834 $1–10M community development 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.
Individual Harry Meltzer · Reported title Executive Director · Highest reported compensation $6K · Total expenses $1.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $671K · Total expenses $1.2M
54%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
87%
—
—
Overhead ratio
12%
—
—
Fundraising cost ratio
1%
—
—
Revenue growth
20%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
0%
—
—
Fundraising 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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.
All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.
Sign-in is temporarily unavailable
Leave your email and we’ll let you know when you can finish signing in and follow
the organization.