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LAUDHOLM TRUST

A Place to Discover

Wells, ME   |  https://www.wellsreserve.org
GuideStar Charity Check

LAUDHOLM TRUST

EIN: 01-0380763


Mission

To raise financial and community support for the Wells Reserve at Laudholm and Maine’s coastal environment. Laudholm Trust provides vital monetary and in-kind support for programs, operations, and capital improvements at the Wells National Estuarine Research Reserve on the southwest coast of Maine. Our donors enable us to be a reliable partner to the Wells Reserve and an advocate for cultural preservation and coastal protection.

Ruling year info

1982

President

Nik Charov

Main address

PO Box 1007

Wells, ME 04090 USA

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EIN

01-0380763

Subject area info

Historic preservation

Climate change

Oceans and coastal waters

Environmental education

Ecology

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Population served info

Children

Adolescents

Adults

Retired people

Academics

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NTEE code info

Fund Raising and/or Fund Distribution (C12)

Water Resource, Wetlands Conservation and Management (C32)

Land Resources Conservation (C34)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Community Building and Fund Raising

The Trust focuses on fund raising and community building. Its close partner, the Wells Reserve, focuses on coastal science, environmental learning, and land and water stewardship.

Population(s) Served

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

LAUDHOLM TRUST
Fiscal year: Jul 01 - Jun 30
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

50.42

Average of 44.45 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

18.5

Average of 9.5 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

28%

Average of 30% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

LAUDHOLM TRUST

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

LAUDHOLM TRUST

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

LAUDHOLM TRUST

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of LAUDHOLM TRUST’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $296,931 $322,088 $112,584 $600,322 -$203,863
As % of expenses 42.8% 47.5% 14.0% 77.7% -23.7%
Unrestricted surplus (deficit) after depreciation $296,384 $321,088 $111,080 $598,818 -$205,367
As % of expenses 42.6% 47.3% 13.8% 77.4% -23.8%
Revenue composition info
Total revenue (unrestricted & restricted) $995,113 $849,679 $882,063 $1,024,210 $791,469
Total revenue, % change over prior year 24.4% -14.6% 3.8% 16.1% -22.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 9.9% 12.6% 13.6% 13.6% 20.1%
Investment income 9.3% 12.0% 12.5% 9.8% 12.2%
Government grants 0.0% 0.0% 0.0% 6.3% 0.0%
All other grants and contributions 42.6% 49.6% 43.6% 38.4% 56.0%
Other revenue 38.2% 25.8% 30.3% 32.0% 11.7%
Expense composition info
Total expenses before depreciation $694,452 $677,988 $804,271 $772,204 $860,334
Total expenses, % change over prior year 1.4% -2.4% 18.6% -4.0% 11.4%
Personnel 40.6% 45.5% 44.9% 46.8% 44.7%
Professional fees 7.0% 7.4% 7.4% 7.8% 8.7%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 42.1% 38.2% 41.2% 35.8% 41.0%
All other expenses 10.3% 8.9% 6.6% 9.5% 5.6%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $694,999 $678,988 $805,775 $773,708 $861,838
One month of savings $57,871 $56,499 $67,023 $64,350 $71,695
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $7,518 $0 $0 $0
Total full costs (estimated) $752,870 $743,005 $872,798 $838,058 $933,533

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.7 8.3 4.6 12.7 18.5
Months of cash and investments 109.5 129.6 114.5 149.1 121.8
Months of estimated liquid unrestricted net assets 32.3 38.6 34.2 45.0 37.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $331,708 $466,784 $307,017 $818,660 $1,326,328
Investments $6,007,350 $6,857,982 $7,365,548 $8,776,157 $7,409,475
Receivables $8,216 $63,234 $47,225 $8,308 $34,549
Gross land, buildings, equipment (LBE) $111,640 $119,158 $112,402 $112,402 $113,302
Accumulated depreciation (as a % of LBE) 11.0% 11.1% 7.1% 8.5% 9.7%
Liabilities (as a % of assets) 1.8% 1.4% 1.2% 1.3% 1.7%
Unrestricted net assets $1,967,210 $2,288,298 $2,399,378 $2,998,196 $2,792,829
Temporarily restricted net assets $2,040,378 $2,778,413 N/A N/A N/A
Permanently restricted net assets $3,430,624 $3,451,291 N/A N/A N/A
Total restricted net assets $5,471,002 $6,229,704 $6,457,630 $7,946,027 $7,053,815
Total net assets $7,438,212 $8,518,002 $8,857,008 $10,944,223 $9,846,644

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President

Nik Charov

Number of employees

Source: IRS Form 990

LAUDHOLM TRUST

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

LAUDHOLM TRUST

Board of directors
as of 02/06/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Jessica Joyce

Joanne Conrad

Jessica Gribbon Joyce

Maureen St. John

Krista Rosen

Dennis Byrd

Ben McCall

Michael Palace

Jan Underhill

Robin Planco

Rob Olson