Wicomico Environmental Trust Ltd

Nonprofit profile at a glance

EIN
760786897
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024, Form 990-N 2009
Location
Salisbury, MD, USA
Phone
4438803182
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Recycling Programs

Official website

Reported finances

Revenue
$80,526
Expenses
$82,387
Assets
$128,795
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Charles Stegman (President)

People named in this filing

  • LINDA PARRY (Board Member)
  • CAROL DUNAHOO (Secretary)
  • DAN SAVOY (Board Member)

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

Wicomico Environmental Trust supports protecting the environment, with special emphasis on the Wicomico River, its tributaries, and the paleochannel, and other policies that preserve and protect nature in our county and the Chesapeake Bay region. We work with other nonprofits, government, businesses, and individuals to keep or water, forests, and farmland beautiful and healthy for future generations to enjoy.

What it reported doing in 2024

WET has the primary responsibility of administering the Creekwatchers Program which was begun 20 years ago. The Creekwatchers group is a grassroots volunteer-based organization which was formed to assess the health of the Wicomico River with financial support provided by the City of Salisbury and Wicomico County with technical expertise and scientific analysis provided by Salisbury University. More than 40 citizen scientists monitored 26 sites throughout the watershed from March to November at regular two-week intervals. Analysis is conducted with special emphasis on the types of bacteria found to determine human or animal origin. The results of these analyses are made publicly available on an annual basis and inform local government decision-making processes where the Chesapeake Bay water quality is of concern.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.5%; rating input score 42
  • Program expense ratio: 41.5%; rating input score 42

Transparency & Controls

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

Sustainability

  • Operating margin: -2.3%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.56; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 14.9% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 42.5% of revenue deployed · 41.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $34K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.