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Connecticut · Nonprofit

STEEP ROCK ASSOCIATION INC

STEEP ROCK ASSOCIATION INC (Connecticut) receives grants from 74 organizations whose IRS filings report $5,263,269 to it, the largest being THE GOLDMAN SACHS CHARITABLE GIFT FUND ($726,500). 57 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.6M
Funders on record
74
Grants received
$5.3M
Net assets
$32M
57/74 repeat funderspeak grant-dependency 33%
01What it does

What Steep Rock Association Inc does

Mission

Steep rock association is a nationally accredited land trust whose mission is to conserve ecologically and historically significant landscapes and riparian corridors in and around washington, ct, and to enhance the community's connection to nature through outreach, education, and passive recreation.

As stated on its FY2025 Form 990.

Program

  1. In pursuing its mission, steep rock association will:- use best management practices to maintain and manage the lands and improvements entrusted to it for passive recreation, the protection of native flora and fauna, and to support sustainable agrigulture.- strive to raise environmental consciousness by enhancing the community's knowledge and appreciation of nature and its awareness of steep rock's on-going contributions to the culture and history of the town of washington.- pursue land-based non-commercial activities that benefit both steep rock and the community.

    $811,821 spent$14,402 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $811,821.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($824k) Expenses 100 ($597k) Net assets 100 ($15M)2018 Revenue 109 ($897k) Expenses 100 ($597k) Net assets 103 ($16M)2019 Revenue 402 ($3.3M) Expenses 116 ($692k) Net assets 120 ($18M)2020 Revenue 142 ($1.2M) Expenses 115 ($689k) Net assets 125 ($19M)2021 Revenue 389 ($3.2M) Expenses 147 ($878k) Net assets 137 ($21M)2022 Revenue 366 ($3.0M) Expenses 148 ($882k) Net assets 146 ($22M)2023 Revenue 506 ($4.2M) Expenses 166 ($991k) Net assets 170 ($26M)2024 Revenue 368 ($3.0M) Expenses 195 ($1.2M) Net assets 188 ($29M)2025 Revenue 553 ($4.6M) Expenses 216 ($1.3M) Net assets 212 ($32M)
'17'18'19'20'21'22'23'24'25
Revenue (553)Expenses (216)Net assets (212)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $22M to $26M (+17%).

$15M
$16M
$18M
$19M
$21M
$22M
$26M
$29M
$32M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 0% · 2019 55% · 2020 6% · 2021 22% · 2023 47% · 2024 19% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

93% of STEEP ROCK ASSOCIATION INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$227k
’17
$300k
’18
$2.6M
’19
$480k
’20
$2.3M
’21
$2.1M
’22
$3.2M
’23
$1.9M
’24
$3.3M
’25
6.9
months of
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.

Chief executive

Brian Hagenbuch

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed313434292727313030
Joined·+7+2+2+3+1+5+4+4
No longer listed·42751154
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 14 funders to 43 funders, grant income rose $268k → $1.0M.

16 of 74 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% 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 STEEP ROCK ASSOCIATION INC’s funders (the co-funder graph). Top 30 of 74 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

STEEP ROCK ASSOCIATION INC has a broad base — no single funder exceeds 14% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

65% 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 STEEP ROCK ASSOCIATION INC.

14%
largest funder
36%
top three
~15
effective funders

Largest funder’s share by year: 2017 37% · 2018 43% · 2019 44% · 2020 34% · 2021 14% · 2022 13% · 2023 30% — 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

60% of STEEP ROCK ASSOCIATION INC's funders are still giving 3 years after their first grant; 77% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

63% of STEEP ROCK ASSOCIATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.9M that is directly attributable, 84% of it comes from funders outside Connecticut, across 12 states.

MN
IL
NY
MA
PA
NJ
CT
VA
MD
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 9 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.

04Its place in the field

Against its field

STEEP ROCK ASSOCIATION INC runs a healthier operating margin than three-quarters of the 1,074 environment nonprofits its size.

Operating margin72% · top quartile
Months of reserve6.9mo · above the median
Revenue growth (annualized)24% · above the median

this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025

Government funding STEEP ROCK ASSOCIATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.8M on record.

State$3.8M
19
22
23
24
25
26
Top programs
  • Pass thru Grant Non-State$3.8M
  • Land-Bridge Appr/Rights Of Way$1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like STEEP ROCK ASSOCIATION INC

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 Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

63% of spending goes to programs.

Program 63%Management 20%Fundraising 17%

Governance

29
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CT

Screen this organization

A dated, signed PDF of the compliance screen for STEEP ROCK ASSOCIATION INC: 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.

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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 STEEP ROCK ASSOCIATION INC?
STEEP ROCK ASSOCIATION INC (Connecticut) receives grants from 74 organizations whose IRS filings report $5,263,269 to it, the largest being THE GOLDMAN SACHS CHARITABLE GIFT FUND ($726,500). 57 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does STEEP ROCK ASSOCIATION INC have?
IRS filings report 74 organizations giving $5,263,269 in grants to STEEP ROCK ASSOCIATION INC, 57 of which have funded it in more than one year.
Who is the largest funder of STEEP ROCK ASSOCIATION INC?
THE GOLDMAN SACHS CHARITABLE GIFT FUND is the largest funder on record, with $726,500 in grants. The full list of funders is on this page.
How can an organization like STEEP ROCK ASSOCIATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Steep Rock Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 74 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