Civic Intelligence

Greensboro Land Trust Inc

EIN 22-3221358 • 501(c)3 • Greensboro, VT

Profile

Support conserving valuable farm and wilderness lands within the township of Greensboro, VT by participating in the valuation, purchasing, and monitoring of conserved easements

PO Box 135Greensboro, VT 05841

www.greensborolandtrust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

1.82x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

92nd percentile

58%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$393,110

Up $38,352 (+11%) from 2023

Liabilities

Flat

$120,000

Flat from 2023

Net Assets

Up

$273,110

Up $38,352 (+16%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin92nd percentile

Revenue

Up

$66,108

Up $12,512 (+23%) from 2023

Expenses

Down

$27,756

Down $19,653 (-41%) from 2023

Net Income

Up

$38,352

Up $32,165 (+520%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $137,678Liabilities 2011: $02011Assets 2012: $152,287Liabilities 2012: $02012Assets 2013: $158,590Liabilities 2013: $02013Assets 2014: $168,187Liabilities 2014: $02014Assets 2015: $189,952Liabilities 2015: $02015Assets 2018: $175,428Liabilities 2018: $02018Assets 2019: $215,029Liabilities 2019: $02019Assets 2020: $226,632Liabilities 2020: $110,000Net Assets 2020: $116,6322020Assets 2021: $318,860Liabilities 2021: $126,000Net Assets 2021: $192,8602021Assets 2022: $326,534Liabilities 2022: $120,000Net Assets 2022: $206,5342022Assets 2023: $354,758Liabilities 2023: $120,000Net Assets 2023: $234,7582023Assets 2024: $393,110Liabilities 2024: $120,000Net Assets 2024: $273,1102024

Highlighted filing

2024

Assets$393,110
Liabilities$120,000
Net Assets$273,110
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $23,794Expenses 2011: $7,712Net Income 2011: $16,0822011Revenue 2012: $19,767Expenses 2012: $5,354Net Income 2012: $14,4132012Revenue 2013: $22,155Expenses 2013: $17,766Net Income 2013: $4,3892013Revenue 2014: $13,581Expenses 2014: $4,716Net Income 2014: $8,8652014Revenue 2015: $32,453Expenses 2015: $7,659Net Income 2015: $24,7942015Revenue 2018: $35,031Expenses 2018: $38,493Net Income 2018: -$3,4622018Revenue 2019: $36,245Expenses 2019: $22,665Net Income 2019: $13,5802019Revenue 2020: $38,495Expenses 2020: $56,568Net Income 2020: -$18,0732020Revenue 2021: $77,540Expenses 2021: $14,570Net Income 2021: $62,9702021Revenue 2022: $57,531Expenses 2022: $15,495Net Income 2022: $42,0362022Revenue 2023: $53,596Expenses 2023: $47,409Net Income 2023: $6,1872023Revenue 2024: $66,108Expenses 2024: $27,756Net Income 2024: $38,3522024

Highlighted filing

2024

Revenue$66,108
Expenses$27,756
Net Income$38,352
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$393,110
Liabilities
$120,000
Net assets
$273,110
Revenue
$66,108
Expenses
$27,756
Net income
$38,352
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$1.20$2.73$0.66$0.28$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$1.20$2.35$0.54$0.47$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.27$1.20$2.07$0.58$0.15$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$1.26$1.93$0.78$0.15$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$1.10$1.17$0.38$0.57$0.18
2019Summary only. Only limited summary data is available for this year.$2.15$0.00$0.36$0.23$0.14
2018Summary only. Only limited summary data is available for this year.$1.75$0.00$0.35$0.38$0.03
2015Summary only. Only limited summary data is available for this year.$1.90$0.00$0.32$0.08$0.25
2014Summary only. Only limited summary data is available for this year.$1.68$0.00$0.14$0.05$0.09
2013Summary only. Only limited summary data is available for this year.$1.59$0.00$0.22$0.18$0.04
2012Summary only. Only limited summary data is available for this year.$1.52$0.00$0.20$0.05$0.14
2011Summary only. Only limited summary data is available for this year.$1.38$0.00$0.24$0.08$0.16
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 21, 2023
Return Version
2022v5.0
Gross Receipts
$57,531
Mission and Program Overview

Mission

Support conserving valuable farm and wilderness lands within the township of Greensboro, VT by participating in the valuation, purchasing, and monitoring of conserved easements

Monitor conserved Greensboro easements, inform the public about conservation, seek donations for conserving easements, and contribute to the purchase of conservation easements within the township of Greensboro, VT

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$215,750$197,381▼ $18,369
Savings and Temporary Cash Investments$65,390$125,458▲ $60,068
Cash and Non-Interest-Bearing Accounts$37,720$3,695▼ $34,025
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$318,860$326,534▲ $7,674
Other Assets Total$0--
Liabilities
Escrow Account Liability$126,000$120,000▼ $6,000
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$126,000$120,000▼ $6,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$155,140$136,991▼ $18,149
Net Assets With Donor Restrictions$37,720$69,543▲ $31,823
Total Net Assets Fund Balance$192,860$206,534▲ $13,674
Total Liabilities and Net Assets / Fund Balance$318,860$326,534▲ $7,674

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$120,000$0→ $0$0$120,000
2021$126,000$0→ $0$0$126,000
2020$110,000$0→ $0$0$110,000
2019$110,000$0→ $0$0$110,000
2018$110,000$0→ $0$0$110,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
John CannonChair
Clive GrayVice Chair
Erika KarpTrustee
Hugh KnoxTrustee
Jim SuttonTrustee
Kyle GrayTrustee
Lise ArmstrongTrustee
Michael MetcalfTrustee
Nancy HillTrustee
Nancy SullivanTrustee
Rick YeiserTrustee
Robert FairbanksTrustee
Nathaniel SmithSecretary
Palma BickfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,525
Program Service Revenue
$0
Investment Income
$1,006
Other Revenue
$0
All Other Contributions
$56,525
Change in Net Assets
$42,036

Audited Revenue Reconciliation

Revenue per Audited Statements
$57,531
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$57,531
Total Revenue per Form 990
$57,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,495
Total Fundraising Expense$2,072
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$4,397-$4,397
Office Expenses-$825$2,072$2,897
Information Technology-$1,650-$1,650
Conferences and Meetings-$150-$150
Other Expenses$0$33$0$33
Fees for Services Legal$0$25$0$25
Total Functional Expenses$6,343$7,080$2,072$15,495

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,495
Total Expenses per Audited Statements$15,495
Total Expenses per Form 990$15,495
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Clive Gray, Vice Chair, is a family member with Kyle Gray, Trustee”

Form 990, Part VI, Section B, Line 11B

“Tax form reviewed by Chair and Vice Chair. It is available to all Trustees upon request”

Form 990, Part VI, Section B, Line 12C

“The Nomination Committee reviews the status of each Trustee”

Form 990, Part VI, Section C, Line 19

“All governing documents are available upon request. The website provides policy and governance rules.”

Filing and Contact Details

Filer

Filer Name
Greensboro Land Trust Inc
EIN
22-3221358
Phone
8025332609
Address
PO Box 135, Greensboro, VT 05841

Signing Officer

Name
Palma Bickford
Title
Treasurer
Phone
6172129818
Signed
2023-03-21

Organization Details

Principal Officer
John Cannon
Formed
1992
Legal Domicile
Vt
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
25
Supplemental Narrative

Financial Statement Notes

Schedule D, Part II, Line 5

“Annually the Monitoring Committee members plus other trustees walk the easements to assess compliance and report on the state of the easements”

Schedule D, Part II, Line 9

“Quarterly balance sheets with all management expenses, acquisition expenses, maintenance expenses, and Stewardship Funds status are provided to the Board. The GLT does not receive any revenue from easements. Expenses for easement purchases, organizational requirements (legal, mailings, insurance), and improvements made for public access are reported in the budget and balance sheet as separate line items. All information is available to public on request and a year end summary is provided on the website.”

Schedule D, Part IV, Line 2B

“Escrow is $6000 for each easement to cover unexpected and/or unanticipated costs associated with legal or other actions not covered by insurance. The escrow on a portion of the stewardship fund is a Board Restriction segregating funds in the event of legal defense requirements should easement restriction issues arise”

Schedule D, Part V, Line 4

“The GLT maintains a stewardship endowment that is available for legal defense of our conservation easements in the event of violation of restrictions in the easement agreements. The endowment is also available in the event our easement portfolio expands beyond the level where annual monitoring can be conducted by volunteers. Finally, the endowment is also available to contribute to the purchase of conservation easements from landowners by GLT, the Vermont Land Trust, or the VT Housing and Conservation Board”

Raw XML AppendixShowing 400 of 689 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Monitor conserved Greensboro easements, inform the public about conservation, seek donations for conserving easements, and contribute to the purchase of conservation easements within the township of Greensboro, VT
IRS990/AllOtherContributionsAmt056525
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Clive Gray
IRS990/BooksInCareOfDetail/PhoneNum08025332609
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 135
IRS990/BooksInCareOfDetail/USAddress/CityNm0Greensboro
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005841
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt037720
IRS990/CashNonInterestBearingGrp/EOYAmt03695
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
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IRS990/CompDisqualPersonsGrp/FundraisingAmt00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt00
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0150
IRS990/ConferencesMeetingsGrp/TotalAmt0150
IRS990/ConflictOfInterestPolicyInd01
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IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056525
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01006
IRS990/CYOtherExpensesAmt015495
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt042036
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt015495
IRS990/CYTotalFundraisingExpenseAmt02072
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt057531
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Monitored 20 conservation easements executed by the GLT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd01
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt037720
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt069543
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0126000
IRS990/EscrowAccountLiabilityGrp/EOYAmt0120000
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd01
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IRS990/FederatedCampaignsAmt00
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IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
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IRS990/FeesForServicesLegalGrp/FundraisingAmt00
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt025
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm0Clive Gray
IRS990/Form990PartVIISectionAGrp/PersonNm1John Cannon
IRS990/Form990PartVIISectionAGrp/PersonNm2Nathaniel Smith
IRS990/Form990PartVIISectionAGrp/PersonNm3Palma Bickford
IRS990/Form990PartVIISectionAGrp/PersonNm4Hugh Knox
IRS990/Form990PartVIISectionAGrp/PersonNm5Rick Yeiser
IRS990/Form990PartVIISectionAGrp/PersonNm6Kyle Gray
IRS990/Form990PartVIISectionAGrp/PersonNm7Michael Metcalf
IRS990/Form990PartVIISectionAGrp/PersonNm8Erika Karp
IRS990/Form990PartVIISectionAGrp/PersonNm9Nancy Hill
IRS990/Form990PartVIISectionAGrp/PersonNm10Robert Fairbanks
IRS990/Form990PartVIISectionAGrp/PersonNm11Lise Armstrong
IRS990/Form990PartVIISectionAGrp/PersonNm12Nancy Sullivan
IRS990/Form990PartVIISectionAGrp/PersonNm13Jim Sutton
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/OtherExpensesGrp/Desc0Barr Hill Signage & Maintenance
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IRS990/PrincipalOfficerNm0John Cannon
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IRS990/ProgSrvcAccomActy3Grp/Desc0Continued signage improvements on Barr Hill Nature Conservancy area
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0In partnership with the Greensboro Historical Society, developed public exhibit featuring conservation easements and their role in preserving natural resources of Greensboro
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