Southern Madison Heritage Trust Inc

Nonprofit profile at a glance

EIN
161600505
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Hamilton, NY, USA
Phone
3156916041
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Land Resources Conservation

Official website

Reported finances

Revenue
$14,359
Expenses
$20,031
Assets
$166,262

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • HARVEY KLIMAN (PRESIDENT)

People named in this filing

  • HARVEY KLIMAN (PRESIDENT)
  • DEBBIE KLIMAN (SECRETARY)
  • DEEDE VAN DER MANDELE (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Natural resource conservation

What it reported doing in 2024

Performed wetland planting (14 acres), honeysuckle removal and replanting (5 acres), and riparian feeder canal buffer planting (1 acre) in spring 2023 to increase the habitat and functionality of the on-site wetlands by reestablishing a forest cover type throughout the 14 bottomland area, 5 acres of uplands dominated by honeysuckle and buckthorn, and 1 acre of riparian forest buffer. Cost includes legal and professional fees in connection with procurement of the land.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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.

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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -39.5%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 8.3; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 5.6% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.