FRANCIS SMALL HERITAGE TRUST INC

EIN: 223055540 501(c)(3) Environment

Limerick, ME

Total Revenue
$113,385
Total Expenses
$61,859
Total Assets
$2,799,705
Net Assets
$2,799,705
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
ME
Principal Officer
Donna L Nelson
Phone
2072210853
Tax Period
2025-01-01 to 2025-12-31

FRANCIS SMALL HERITAGE TRUST INC, founded in 1990, is a small nonprofit in the Environment sector that reported $113K in total revenue in fiscal year 2025. Revenue fell 69% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $52K, a strong 45% operating margin.

Mission

The Francis Small Heritage Trust protects wildlife habitat, watersheds, forests, and farms in southwestern Maine to support conservation, climate resilience, low-impact recreation, traditional uses, environmental education, and to honor Indigenous connections to the land.

Program Service Accomplishments

Program 1
Expenses: $26,289 Revenue: $0

FSHT performed due diligence towards purchase of new properties for public use expected to close in 2026. These parcels will provide a direct connection to existing properties which guarantees...

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FSHT performed due diligence towards purchase of new properties for public use expected to close in 2026. These parcels will provide a direct connection to existing properties which guarantees connectivity for wildlife and trails. This land will be open to the public for low-impact recreation including hiking and hunting and some will be permanently protected by a project agreement with the Maine Land for Maine's Future Program and/or a permanent conservation easement. FSHT also accepted in 2025 a donated Conservation Easement on 36.5 acres in Standish Maine. No asset value for the easement is carried on the books.

Program 2
Expenses: $22,774 Revenue: $0

Provided stewardship, education, and outreach on approximately 3,194 acres of land in and around Limington, Limerick, Baldwin, Porter, Parsonsfield, Newfield, Waterboro, Standish, and Cornish, Maine...

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Provided stewardship, education, and outreach on approximately 3,194 acres of land in and around Limington, Limerick, Baldwin, Porter, Parsonsfield, Newfield, Waterboro, Standish, and Cornish, Maine. These properties conserve natural resources and provide for public access, enjoyment, and education. Stewardship included land taxes, and trail maintenance. The statewide recognized resource has an estimated 5,000 visitors a year, including school groups. Outreach included distributing 1,000 free hiking maps to the public, all to encourage hiking in the area. Granted $1,100 to the Town of Limington as Payment In Lieu of Taxes (PILOT). The organization also paid local property taxes of $10,501 in Limerick, Baldwin, Parsonsfield, Porter, Waterboro, and Cornish even though the organization could be technically exempted from such taxes.

Program 3
Expenses: $7,843 Revenue: $0

Continued our education outreach to local schools the "Sense of Place" program. Approximately 120 students were served by the program. We also worked on a "Forest Carbon Workshop" area on Sawyer...

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Continued our education outreach to local schools the "Sense of Place" program. Approximately 120 students were served by the program. We also worked on a "Forest Carbon Workshop" area on Sawyer Mountain where the public can measure the carbon content of the forest and can investigate ways to manage a forest for maximum carbon sequestration. Approximately twenty volunteers established the program and the forest plots are open to the public. FSHT also published a newsletter which offered directions and descriptions of our local hiking trails. This newsletter was distributed to approximately 14,000 addresses.

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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 (2025)

Revenue Breakdown

Contributions & Grants $111,232
Program Service Revenue $0
Investment Income $2,153
Other Revenue $0
TOTAL REVENUE $113,385

Expense Breakdown

Grants Paid $1,100
Salaries & Benefits $0
Fundraising Expenses $652
Program Expenses $56,906
Other Expenses $60,759
TOTAL EXPENSES $61,859

Year-over-Year Comparison

2025 2024 Change
Revenue $113,385 $369,536 -0.7%
Expenses $61,859 $252,394 -0.8%
Net Income $51,526 $117,142 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
60

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
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donna Nelson President, Director 5.00
Officer Director
$0 $0 $0
Peter Zack Jr 1st Vice-President, Director 12.00
Officer Director
$0 $0 $0
Daniel Hester 2nd Vice-President, Director 20
Officer Director
$0 $0 $0
Elizabeth Burnett Secretary, Director 5
Officer Director
$0 $0 $0
Richard Jarrett Treasurer, Director 22
Officer Director
$0 $0 $0
Sheryl Adams Director 5
Director
$0 $0 $0
Nathan Burnett Director 3
Director
$0 $0 $0
Scott Cecil Director 3
Director
$0 $0 $0
Katharine Chaiklin Director 7
Director
$0 $0 $0
Margaret Lowry Director 2
Director
$0 $0 $0
Michial Russell Director 5
Director
$0 $0 $0
Lyman Stuart Director 10.00
Director
$0 $0 $0
Steve Thistlewood Director 4
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
2025 $113,385 $61,859 $2,799,705 $51,526
2024 No data No data No data No data
2023 $485,188 $102,969 $2,624,599 $382,219
2022 $897,505 $148,926 $2,237,875 $748,579
2021 $197,006 $58,434 $1,494,765 $138,572
2020 $127,025 $26,365 $1,364,110 $100,660
2019 $82,118 $38,431 $1,287,495 $43,687
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