CEnvironmentEIN: 911533402· Ruling Year: 1996

Skagit Land Trust

Mount Vernon, Washington

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.6M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$30.9M
Net Assets
📋
$523K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.9%
Year-over-year change (2023 → 2024)
Net Margin
+62.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.90
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,579,94018%$1,347,16121%$31,376,4116%
2023$4,359,9976%$1,705,97028%$29,583,43113%
2022$4,614,35051%$1,330,06526%$26,232,41711%
2021$3,052,31414%$1,059,23610%$23,572,29521%
2020$3,538,73317%$1,178,28726%$19,514,3516%
2019$3,026,16839%$935,6081%$18,414,6138%
2018$4,946,25044%$928,48218%$17,026,32742%
2017$3,436,922153%$787,22839%$12,026,85630%
2016$1,356,52622%$564,42129%$9,243,0929%
2015$1,114,99112%$795,85843%$8,495,3174%
2014$992,30549%$557,4014%$8,207,9337%
2013$1,962,57053%$581,79343%$7,698,76416%
2012$1,285,829$405,841$6,610,217

Frequently Asked Questions

What does Skagit Land Trust do?

Skagit Land Trust is a environment nonprofit organization based in Washington. It is classified under NTEE code C340 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skagit Land Trust financially healthy?

Based on our 9-metric Financial Health Score model, Skagit Land Trust has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Skagit Land Trust generate?

Skagit Land Trust reports $3.0M in annual revenue and holds $32.6M in total assets, based on IRS filings.

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