New Hampshire · Nonprofit
Lakes Region Conservation Trust
Lakes Region Conservation Trust (New Hampshire) receives grants from 73 organizations whose IRS filings report $3,548,734 to it, the largest being Trust in Diversity ($1,300,000). 49 of them have funded it in more than one year.
- Revenue FY2025
- $2.9M
- Funders on record
- 73
- Grants received
- $3.5M
- Net assets
- $39M
What Lakes Region Conservation Trust does
Mission
The mission of the Organization is the conservation of the natural resources of the Lakes Region of New Hampshire, the preservation of wildlife habitat, the stewardship of lands that define the character of the region and its quality of life, and the provision of opportunities for public access to conserved lands for thoughtful recreation, nature e
As stated on its FY2025 Form 990.
Programs
Land Conservation--The Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. This total includes over 19,000 acres owned by LRCT, over 9,300 acres subject to primary conservation easements held by LRCT, and over 1,300 acres conserved through other means. These lands include 30 summits, more than 41 miles of shoreline on the regions lakes, ponds, rivers, and streams, and more than 120 miles of trails open to the public for hiking, snowshoeing, and cross-country skiing, and certain trails open for mountain biking and snowmobiling. Each year LRCT works with landowners, other conservation organizations, and local conservation commissions on dozens of land conservation projects and opportunities throughout the Lakes Region. LRCTs land conservation work is guided by the Lakes Region Strategic Conservation Plan, incorporating climate change resilience data, that provides a valuable land conservation tool for LRCT and other land conservation organizations working in the region.
$227,560 spentof which $40,000 as grants24% of program spendingLand Management, Stewardship, and Recreation--As noted above, the Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. A significant part of LRCTs responsibilities is the management of more than 120 owned properties totaling over 19,000 acres and the monitoring of 62 conservation easements totaling over 9,300 acres to ensure that the conservation values of these lands are being protected and that easement restrictions and requirements are being satisfied. A particular focus of LRCTs land management work is the provision of opportunities for the public to enjoy, appreciate, and learn from the conserved lands. Consequently, the Organization devotes significant effort to stewardship of trails open to the public for hiking, snowshoeing, and cross-country skiing, as well as certain trails open for mountain biking and snowmobiling. In its land management and stewardship work, the Organization benefits greatly from the participation and efforts of approximately 200 talented and dedicated volunteers.
$551,950 spent59% of program spendingConservation Education/Outreach/Communications--The Lakes Region Conservation Trust produces newsletters, trail maps, and other informational materials and maintains substantial information on its website regarding the Organizations conserved lands and land conservation activities. As noted above, a particular focus of the Organizations work is the provision of opportunities for the public to enjoy, appreciate, and learn from the conserved lands. In this regard, LRCT maintains informational kiosks at many properties, and organizes guided hikes, guided paddles, and educational programs for the public regarding the conserved lands. In addition, LRCT works with local schools and other organizations to introduce members of the community to the conserved lands, to provide opportunities for these other organizations to integrate conserved lands into their curricula and programs, and to enhance their understanding of the Lakes Regions natural heritage and the important role of land conservation in shaping the natural landscapes cherished by residents and visitors alike.
$160,024 spentof which $1,000 as grants17% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $939,534.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $31M to $34M (+12%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 7% · 2024 15%. Grants only. Government contracts and fees sit inside program revenue.
94% of Lakes Region Conservation Trust’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Rhys V Bowen
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 17 funders to 37 funders, grant income fell $459k → $281k.
16 of 73 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Lakes Region Conservation Trust’s funders (the co-funder graph). Top 30 of 73 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Lakes Region Conservation Trust leans on a few funders — its largest provides 37% of grant income and the top three 65%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Lakes Region Conservation Trust.
Largest funder’s share by year: 2017 65% · 2018 76% · 2019 54% · 2020 34% · 2021 49% · 2022 28% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
56% of Lakes Region Conservation Trust's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
Lakes Region Conservation Trust draws 98% of its grant income from funders outside New Hampshire, across 21 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Lakes Region Conservation Trust runs a healthier operating margin than three-quarters of the 1,074 environment nonprofits its size.
this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025
Organizations like Lakes Region Conservation Trust
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Hampshire
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
62%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Lakes Region Conservation Trust: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Lakes Region Conservation Trust?
- Lakes Region Conservation Trust (New Hampshire) receives grants from 73 organizations whose IRS filings report $3,548,734 to it, the largest being Trust in Diversity ($1,300,000). 49 of them have funded it in more than one year.
- How many funders does Lakes Region Conservation Trust have?
- IRS filings report 73 organizations giving $3,548,734 in grants to Lakes Region Conservation Trust, 49 of which have funded it in more than one year.
- Who is the largest funder of Lakes Region Conservation Trust?
- Trust in Diversity is the largest funder on record, with $1,300,000 in grants. The full list of funders is on this page.
- How can an organization like Lakes Region Conservation Trust find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Hampshire. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 73 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing