TRUST TO CONSERVE NORTHEAST FORESTLANDS

EIN: 731674778 501(c)(3)

AUGUSTA, ME

Total Revenue
$251,869
Total Expenses
$267,780
Total Assets
$1,537,945
Net Assets
$1,537,442
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
ME
Principal Officer
DANA DORAN
Phone
2076888195
Tax Period
2024-01-01 to 2024-12-31

TRUST TO CONSERVE NORTHEAST FORESTLANDS, founded in 2003, is a small nonprofit that reported $252K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Net assets of $1.5M represent 73 months of operating reserves.

Mission

THE TRUST TO CONSERVE NORTHEAST FORESTLANDS IS A 501(C)3 ORGANIZATION ESTABLISHED TO ADMINISTER THE NORTHEAST MASTER LOGGER CERTIFICATION PROGRAM, FOREST MANAGEMENT CERTIFICATION AND CHAIN OF CUSTODY CERTIFICATION WITH THE BROADER GOAL OF: ENHANCING THE HEALTH OF THE WORKING FOREST THROUGH EXCEPTIONAL ACCOUNTABILITY.WE HELP LOGGERS, SMALL WOOD PRODUCERS AND LANDOWNERS ACCESS THIRD-PARTY CERTIFICATION THROUGH OUR FOREST STEWARDSHIP COUNCIL (FSC) GROUP FOREST MANAGEMENT CERTIFICATE. WE ARE A NON-PROFIT THAT IS FOCUSED ON MAKING MAINE'S WORKING FORESTS MORE SUSTAINABLE AND HEALTHY THROUGH PROPER FOREST MANAGEMENT AND TIMBER HARVESTING.

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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 $115,287
Program Service Revenue $136,579
Investment Income $3
Other Revenue $0
TOTAL REVENUE $251,869

Expense Breakdown

Grants Paid $12,064
Salaries & Benefits $132,042
Fundraising Expenses $5,102
Program Expenses $215,543
Other Expenses $123,674
TOTAL EXPENSES $267,780

Year-over-Year Comparison

2024 2023 Change
Revenue $251,869 $451,103 -0.4%
Expenses $267,780 $454,157 -0.4%
Net Income $-15,911 $-3,054 +4.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
22
Employees
2
Volunteers
23

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
8
$222,030
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON ADAMS DIRECTOR 1.00
Director
$0 $0 $0
ANDY IRISH TREASURER 1.00
Officer Director
$0 $0 $0
BRENT DAY DIRECTOR 1.00
Director
$0 $0 $0
CHUCK AMES PRESIDENT 1.00
Officer Director
$0 $0 $0
DUANE JORDAN 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GARY VOISINE DIRECTOR 1.00
Director
$0 $0 $0
JIM NICOLS DIRECTOR 1.00
Director
$0 $0 $0
KURT BABINEAU 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARC GREANEY SECRETARY 1.00
Director
$0 $0 $0
RANDY KIMBALL DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LINKLETTER DIRECTOR 1.00
Director
$0 $0 $0
RON RIDLEY DIRECTOR 1.00
Director
$0 $0 $0
STEVE HANINGTON DIRECTOR 1.00
Director
$0 $0 $0
TONY MADDEN DIRECTOR 1.00
Officer Director
$0 $0 $0
WAYNE TRIPP DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM COLE IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT MADDEN DIRECTOR 1.00
Director
$0 $0 $0
TOM CUSHMAN DIRECTOR 1.00
Director
$0 $0 $0
DONALD COLE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN SOUERS DIRECTOR 1.00
Director
$0 $0 $0
EDWARD WRIGHT EXECUTIVE DIRECTOR 40.00
Officer
$61,124 $0 $61,124
DANA DORAN INTERIM EXECUTIVE DIRECTOR 20.00
Officer
$0 $3,287 $160,906
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 $251,869 $267,780 $1,537,945 $-15,911
2023 $451,103 $454,157 $27,670 $-3,054
2022 $293,337 $311,372 $30,724 $-18,035
2021 $274,584 $237,810 $48,759 $36,774
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