Francis Small Heritage Trust Inc, operating under the name Francis Small Heritage Trust, is located in Limerick, ME. The organization was established in 1990. 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. Francis Small Heritage 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, Francis Small Heritage Trust generated $485.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.7% each year . All expenses for the organization totaled $103.0k during the year ending 12/2023. While expenses have increased by 21.8% per year over the past 5 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
CONSERVE NATURAL RESOURCES AND PROVIDE FOR OPEN SPACE, PUBLIC ACCESS, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ACQUIRED SEVERAL NEW PROPERTIES FOR PUBLIC USE. WE COMPLETED THE PURCHASE OF 200.97 ADDITIONAL ACRES IN THE PORTER (MAINE) HILLS, INCLUDING THE ICONIC DEVILS DEN OVERLOOK AND CABIN. THIS LAND IS OPEN TO THE PUBLIC FOR LOW-IMPACT RECREATION INCLUDING HIKING AND HUNTING AND IS PERMANENTLY PROTECTED BY A PROJECT AGREEMENT WITH THE MAINE LAND FOR MAINE'S FUTURE PROGRAM WHICH ALSO COVERS SOME OF THE PORTER HILLS PROPERTIES ACQUIRED IN 2022.
PROVIDED STEWARDSHIP, EDUCATION, AND OUTREACH ON APPROXIMATELY 2,978 ACRES OF LAND IN AND AROUND LIMINGTON, LIMERICK, BALDWIN, PORTER, PARSONSFIELD, NEWFIELD, WATERBORO, AND CORNISH, MAINE. THESE PROPERTIES CONSERVE NATURAL RESOURCES AND PROVIDE FOR PUBLIC ACCESS, ENJOYMENT, AND EDUCATION. STEWARDSHIP INCLUDED LAND TAXES, AND TRAIL MAINTENANCE. THE STATEWIDE RECOGNIZED RESOURCE HAS AN ESTIMATED 5,000 VISITORS A YEAR, INCLUDING SCHOOL GROUPS. OUTREACH INCLUDED DISTRIBUTING 1,000 FREE HIKING MAPS TO THE PUBLIC, ALL TO ENCOURAGE HIKING IN THE AREA. GRANTED $1,100 TO THE TOWN OF LIMINGTON AND $700 TO THE TOWN OF PORTER AS PAYMENT IN LIEU OF TAXES (PILOT). THE ORGANIZATION ALSO PAID LOCAL PROPERTY TAXES OF $11,888 IN LIMERICK, BALDWIN, PARSONSFIELD, PORTER, WATERBORO, AND CORNISH EVEN THOUGH THE ORGANIZATION COULD BE TECHNICALLY EXEMPTED FROM SUCH TAXES.
CONTINUED OUR EDUCATION OUTREACH TO LOCAL SCHOOLS THE "SENSE OF PLACE" PROGRAM. APPROXIMATELY 120 STUDENTS WERE SERVED BY THE PROGRAM. WE ALSO WORKED ON A "FOREST CARBON WORKSHOP" AREA ON SAWYER MOUNTAIN WHERE THE PUBLIC CAN MEASURE THE CARBON CONTENT OF THE FOREST AND CAN INVESTIGATE WAYS TO MANAGE A FOREST FOR MAXIMUM CARBON SEQUESTRATION. APPROXIMATELY TWENTY VOLUNTEERS ESTABLISHED THE PROGRAM AND THE FOREST PLOTS ARE OPEN TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Nelson President, Director | OfficerTrustee | 3 | $0 |
Peter Zack Jr 1st Vice-President, Director | OfficerTrustee | 8 | $0 |
Daniel Hester 2nd Vice-President, Director | OfficerTrustee | 16 | $0 |
Elizabeth Burnett Secretary, Director | OfficerTrustee | 5 | $0 |
Richard Jarrett Treasurer, Director | OfficerTrustee | 20 | $0 |
Katherine Chaiklin Director | Trustee | 7 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $386,000 |
All other contributions, gifts, grants, and similar amounts not included above | $98,531 |
Noncash contributions included in lines 1a–1f | $15,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,531 |
Total Program Service Revenue | $0 |
Investment income | $657 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $485,188 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,800 |
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 | $6,530 |
Fees for services: Legal | $490 |
Fees for services: Accounting | $451 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,543 |
Office expenses | $2,016 |
Information technology | $199 |
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 | $6,115 |
All other expenses | $0 |
Total functional expenses | $102,969 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,977 |
Savings and temporary cash investments | $85,778 |
Pledges and grants receivable | $0 |
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 | $2,490,434 |
Investments—publicly traded securities | $31,905 |
Investments—other securities | $6,505 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,624,599 |
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 | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $134,165 |
Paid-in or capital surplus, or land, building, or equipment fund | $2,490,434 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,624,599 |