Groton Conservation Trust
- Assets
- $6.4m
- Revenue
- $74.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Groton, MA
- Founding
- 02/1968
- Data as of
- 12/2023
- EIN
- 04-6169832
Organization Overview
Groton Conservation Trust is located in Groton, MA. The organization was established in 1968. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, 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. Groton Conservation Trust 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 12/2023, Groton Conservation Trust generated $74.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $79.5k during the year ending 12/2023. While expenses have increased by 10.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LAND CONSERVATION, MAINTENANCE OF LAND HELD IN CONSERVATION, PROVIDE PUBLIC ACCESS TO CONSERVATION LANDS, CONSERVATION EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THE ORGANIZATION CONTINUED MAINTAINING ITS CONSERVATION PROPERTIES AND PROVIDING PUBLIC ACCESS TO THEM. THE ORGANIZATION ALSO CONTINUED EDUCATING THE PUBLIC REGARDING LOCAL CONSERVATION ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gerath President | OfficerTrustee | 8 | $0 |
John Llodra Treasurer | OfficerTrustee | 7 | $0 |
Dan Von Kohorn Trustee | Trustee | 3 | $0 |
Holly Estes Secretary/clerk | OfficerTrustee | 4 | $0 |
Wendy Good Trustee | Trustee | 3 | $0 |
Susan Hughes Vice President | OfficerTrustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,345 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,704 |
| Total Program Service Revenue | $0 |
| Investment income | $15,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,375 |
| Net Gain/Loss on Asset Sales | $2,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,131 |
| 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 | $33,340 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,319 |
| Advertising and promotion | $0 |
| Office expenses | $24 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,292 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,966 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,134 |
| All other expenses | $1,401 |
| Total functional expenses | $79,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,023 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,950 |
| 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 | $5,761,393 |
| Investments—publicly traded securities | $649,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,449,216 |
| Accounts payable and accrued expenses | $964 |
| 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 | $964 |
| Net assets without donor restrictions | $6,398,699 |
| Net assets with donor restrictions | $49,553 |
| 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 | $6,449,216 |