New York Agricultural Land Trust Inc
Nonprofit profile at a glance
- EIN
- 205679522
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Elbridge, NY, USA
- Phone
- 3153747835
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Land Resources Conservation
Reported finances
- Revenue
- $1,321,966
- Expenses
- $1,211,007
- Assets
- $919,234
- Liabilities
- $130,033
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Brandy Colebrook (Executive Director)
Highest reported compensation
- Brandy Colebrook (Executive Director): $48,517 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Organization is to conserve working farmland and promote a greater appreciation for the agricultural and forested lands and their associated natural resources that enrich our communities and connect future generations to the land, locally and statewide.
What it reported doing in 2024
The purpose of the Organization is to work with the farmers and citizens of the State of New York and local, state and federal officials, agencies, authorities and commissions and other agricultural and conservation organizations to achieve the public objectives of conserving and protecting New York's agricultural land for the production of food and other agricultural products; encourage the active use and improvement of agricultural land to support the business of farming; and protect forested land and other natural resources that are an important part of New York's agricultural land base. During the year, the Organization obtained 3 new easements covering 960 acres of land. This program is funded by government grants and contributions.
Operating model
- Revenue model
- Grant-funded. 76% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.7%; rating input score 90
- Program expense ratio: 96.9%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.4%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 17.3% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 19.1% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 89.7% of revenue deployed · 96.9% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $49K · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.