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Environment & Animals · 2023 Form 990

Peninsula Open Space Trust: $24.8M Revenue, $29.0M Expenses

Palo Alto, California · EIN 942392007 · Filing year 2023

Peninsula Open Space Trust reported $24.8M in total revenue, $29.0M in total expenses, and $337.0M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.8M (7.43% of revenue). NonprofitTruth efficiency grade: F (29/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
F
Efficiency Score
29/100

Key Facts (2023 Form 990)

Total Revenue
$24.8M
Total Expenses
$29.0M
Total Assets
$337.0M
Reserve Months
139.4 months
Surplus / (Deficit)
$-4,258,203
EIN
942392007
Latest 990 Year
2023
Current-Officer Compensation
$1.8M
Officer Comp % of Revenue
7.43%

Peninsula Open Space Trust grades an F: the lowest bracket on the efficiency rubric. 29/100 composite, with multiple factors below the national benchmarks — usually a combination of precarious reserves, declining or erratic revenue, and officer compensation that runs high relative to size.

Peninsula Open Space Trust reported $24.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Peninsula Open Space Trust runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation runs notably high relative to organizational size: $1.8M against $24.8M in revenue. This is one of the factors driving the efficiency grade down on the rubric. Peninsula Open Space Trust works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$24.8M
Revenue
$29.0M
Expenses
$337.0M
Total Assets
$1.8M
Officer Compensation

How Peninsula Open Space Trust Compares

Peninsula Open Space Trust earns a NonprofitTruth efficiency grade of F (29/100). That is 34 points below the Environment & Animals category average. Compensation for current officers and key employees represents 7.43% of total revenue. The organization holds 139.4 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$29.0M
Total Expenses
Filing year 2023
$1.8M
Officer Compensation
7.43% of revenue
139.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Peninsula Open Space Trust reported $24.8M in revenue against $29.0M in total functional expenses for filing year 2023, holding roughly 139.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.8M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 7.43% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Peninsula Open Space Trust has a NonprofitTruth Efficiency Score of F (29/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Peninsula Open Space Trust, Donor FAQ

Peninsula Open Space Trust has a NonprofitTruth Efficiency Score of F (29/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Peninsula Open Space Trust reports $1.8M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 7.43% of the organization's $24.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Peninsula Open Space Trust reported $24.8M in annual revenue and $29.0M in total expenses for filing year 2023. The organization holds $337.0M in total assets.

Peninsula Open Space Trust holds approximately 139.4 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its F efficiency grade.

Peninsula Open Space Trust is a registered 501(c) organization with EIN 942392007, based in Palo Alto, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.