Francestown Land Trust Inc
- Assets
- $1.7m
- Revenue
- $336.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Francestown, NH
- Founding
- 04/1988
- Data as of
- 12/2021
- EIN
- 02-0410827
Organization Overview
Francestown Land Trust Inc is located in Francestown, NH. The organization was established in 1988. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francestown Land Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Francestown Land Trust Inc generated $336.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.8% each year . All expenses for the organization totaled $26.7k during the year ending 12/2021. While expenses have increased by 13.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSES OF THE FRANCESTOWN LAND TRUST ARE TO HELP PRESERVE NATURAL LAND AREAS SIGNIFICANT TO FRANCESTOWN AND TO PROVIDE CONSERVATION OPPORTUNITIES AND EDUCATION FOR AREA RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND MEMBER RELATIONS
ACQUISTION OF CONSERVATION EASEMENT AND FEE LANDS
FEE LAND STEWARDSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Ames Chairman | OfficerTrustee | 8 | $0 |
Greg Neilley Treasurer | OfficerTrustee | 4 | $0 |
Kevin Pobst Secretary | OfficerTrustee | 4 | $0 |
Betsy Hardwick Vice-Chair | OfficerTrustee | 8 | $0 |
Barry Wicklow Director | Trustee | 2 | $0 |
Ben Haubrich Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,744 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $127,749 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,767 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,260 |
| Total Program Service Revenue | $1,200 |
| Investment income | $9,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,524 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $336,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $480 |
| Fees for services: Accounting | $947 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $838 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $855 |
| Information technology | $481 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,063 |
| All other expenses | $133 |
| Total functional expenses | $26,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,878 |
| Pledges and grants receivable | $127,749 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,135,831 |
| Investments—publicly traded securities | $344,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,743,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,743,154 |
| Net assets with donor restrictions | $595 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,743,749 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Francestown Land Trust Inc has recieved totaling $50,012.
| Awarding Organization | Amount |
|---|---|
Lavoie Foundation Barnstead, NH PURPOSE: ENVIRONMENTAL SUPPORT | $15,000 |
An Environmental Trust Inc Elkins, NH PURPOSE: GENERAL PURPOSE CONTRIBUTIONS | $10,000 |
Fields Pond Foundation Inc Waltham, MA PURPOSE: TOWARD ACQUISITION OF TWO PARCELS TOTALING 60 ACRES, PROTECTING THE HEADWATERS OF THE PISCATAQUO | $10,000 |
Samuel P Hunt Foundation Manchester, NH PURPOSE: RAND BROOK PRESERVATION | $10,000 |
Mcininch Foundation Manchester, NH PURPOSE: RAND BROOK PRESERVATION PROJECT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mahoosuc Land Trust Inc Bethel, ME | $6,057,135 | $8,974,124 |
Elliotsville Foundation Inc Portland, ME | $37,052,025 | $5,307,911 |
Friends Of Acadia Bar Harbor, ME | $82,291,605 | $9,023,767 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Down East Lakes Land Tr Grand Lake Stream, ME | $31,521,154 | $5,353,217 |
Upper Valley Land Trust Inc Hanover, NH | $20,149,822 | $4,243,295 |
Berkshire Natural Resources Lenox, MA | $30,614,127 | $3,680,063 |
Wildlands Trust Inc Plymouth, MA | $11,768,642 | $4,407,182 |
Kestrel Land Trust Inc Amherst, MA | $7,170,959 | $4,804,533 |
Sudbury Valley Trustees Inc Sudbury, MA | $30,284,086 | $6,625,833 |
Coastal Mountains Land Trust Camden, ME | $9,283,944 | $2,270,917 |
Nantucket Land Council Inc Nantucket, MA | $42,170,457 | $1,862,044 |