RURAL LAND FOUNDATION OF LINCOLN

EIN: 046132391 501(c)(3) Environment

LINCOLN, MA

Total Revenue
$176,486
Total Expenses
$627,831
Total Assets
$7,080,379
Net Assets
$2,288,326
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MA
Principal Officer
ANDREW STEVENSON
Phone
7812599250
Tax Period
2024-01-01 to 2024-12-31

RURAL LAND FOUNDATION OF LINCOLN, founded in 1965, is a small nonprofit in the Environment sector that reported $176K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $628K exceeded revenue, resulting in a 256% operating deficit.

Mission

THE PRESERVATION OF THE NATURAL BEAUTIES AND RURAL CHARACTER OF THE TOWN OF LINCOLN, MA THROUGH LAND CONSERVATION AND THE PROTECTION OF OPEN SPACE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,900
Program Service Revenue $0
Investment Income $94,530
Other Revenue $68,056
TOTAL REVENUE $176,486

Expense Breakdown

Grants Paid $50,100
Salaries & Benefits $193,482
Fundraising Expenses $1,161
Program Expenses $530,148
Other Expenses $384,249
TOTAL EXPENSES $627,831

Year-over-Year Comparison

2024 2023 Change
Revenue $176,486 $348,481 -0.5%
Expenses $627,831 $217,040 +1.9%
Net Income $-451,345 $131,441 -4.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
6
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$176,952
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFF MCGEAN EXECUTIVE DIRECTOR 26.00
Officer
$154,432 $22,520 $176,952
MICHELLE BARNES FORMER CHAIR 3.00
Officer Director
$0 $0 $0
ANDREW STEVENSON CHAIR 2.00
Officer Director
$0 $0 $0
SUSAN ALLEN VICE-CHAIR 1.00
Officer Director
$0 $0 $0
ELLEN MEADORS TREASURER 5.00
Officer Director
$0 $0 $0
ANDREW GNAZZO VICE-TREASURER 1.00
Officer Director
$0 $0 $0
NANCY SOULETTE SECRETARY 1.00
Officer Director
$0 $0 $0
DANIEL ENGLAND TRUSTEE 1.00
Director
$0 $0 $0
DIANE JONG TRUSTEE 1.00
Director
$0 $0 $0
JAMES HENDERSON TRUSTEE 1.00
Director
$0 $0 $0
KENNETH BASSETT TRUSTEE 1.00
Director
$0 $0 $0
PAUL SHORB TRUSTEE 1.00
Director
$0 $0 $0
ROBERT MASON TRUSTEE 1.00
Director
$0 $0 $0
SUSAN WELSH TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM CONSTABLE TRUSTEE 1.00
Director
$0 $0 $0
JAY ADAMS TRUSTEE 1.00
Director
$0 $0 $0
RACHAEL NEURATH TRUSTEE 1.00
Director
$0 $0 $0
MICAH REMLEY TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $176,486 $627,831 $7,080,379 $-451,345
2023 $348,481 $217,040 $7,615,191 $131,441
2022 $417,885 $205,885 $7,505,646 $212,000
2021 $754,946 $1,006,377 $7,946,531 $-251,431
2020 $565,891 $138,663 $8,203,500 $427,228
2019 $571,239 $554,351 $8,104,564 $16,888
2018 $126,683 $224,469 $8,095,161 $-97,786
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