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Nonprofit · EIN 23-7225987

SAKONNET PRESERVATION ASSOC INC

Tax-exempt · L COMPTON, RI 02837

Financials

$2.6M$2.5M2023$849K$610K2024$366K$238K2025
Revenue Expenses · by fiscal year end
Financials of SAKONNET PRESERVATION ASSOC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$365,743$237,837$127,906$8,717,540$10,873$8,706,667
December 31, 2024990$849,048$610,442$238,606$8,610,647$35,790$8,574,857
December 31, 2023990$2,606,179$2,480,085$126,094$8,396,337$58,886$8,337,451
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,854,520
of which government grants
$5,770
Membership dues
$56,270
Program service revenue
$1,000
Investment income
$129,348
Net gain from sales of assets
$3,637
Other revenue
-$1,619,125

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$78,877
Other salaries and wages
$56,570
Salaries, compensation and benefits (total)
$147,345
Professional fundraising fees
$0
Accounting fees
$13,935
Occupancy
$16,547
Depreciation
$899
Program services (functional)
$100,371
Management and general (functional)
$90,354
Fundraising (functional)
$47,112

Balance sheet and other

Total assets, start of year
$8,610,647
Total assets, end of year
$8,717,540
Total liabilities, end of year
$10,873
Net assets, end of year
$8,706,667
Land, buildings and equipment
$8,544
Publicly traded securities
$3,016,211
Net assets without donor restrictions
$8,215,088
Net assets with donor restrictions
$491,579
Gross receipts
$2,650,628
Employees
4
Volunteers
48
Year formed
1972
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Joy ElvinExecutive Director
Officer
40$78,616
Herb CaseDirector
Trustee or director
1$0
Warren JaggerDirector
Trustee or director
0.5$0
Paul BazzoniDirector
Trustee or director
1$0
Nan HaffenrefferDirector
Trustee or director
1$0
Michal BrownellDirector
Trustee or director
0.5$0
Jeannie McAllisterDirector
Trustee or director
1$0
Maureen HarringtonDirector
Trustee or director
0.5$0
Judy MelansonDirector
Trustee or director
1.5$0
Davy CuttsDirector
Trustee or director
1.5$0
Geoff ManningDirector
Trustee or director
0.5$0
Sheila MacintoshDirector
Trustee or director
10$0
Bill TheriaultTreasurer
Trustee or director, Officer
1$0
Abigail BrooksPresident
Trustee or director, Officer
15$0
Peter RowleyVice President
Trustee or director, Officer
3$0
1 more people on this return
NameTitleHours / weekCompensation
John CookSecretary
Trustee or director, Officer
1.5$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensation
Joy ElvinExecutive Director
Officer
40$72,000
Herb CaseDirector
Trustee or director
0.5$0
Warren JaggerDirector
Trustee or director
1$0
Paul BazzoniDirector
Trustee or director
1$0
Nan HaffenrefferDirector
Trustee or director
1$0
Michal BrownellDirector
Trustee or director
0.5$0
Ann BeardsleyDirector
Trustee or director
0.5$0
Jeannie McAllisterDirector
Trustee or director
0.5$0
Maureen HarringtonDirector
Trustee or director
0.5$0
Judy MelansonDirector
Trustee or director
1$0
Davy CuttsDirector
Trustee or director
1.5$0
Geoff ManningDirector
Trustee or director
0.5$0
Sheila MacintoshDirector
Trustee or director
15$0
Bill TheriaultTreasurer
Trustee or director, Officer
1$0
Abigail BrooksPresident
Trustee or director, Officer
25$0
Peter RowleyVice President
Trustee or director, Officer
1.5$0
John CookSecretary
Trustee or director, Officer
1.5$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
Joy ElvinExecutive Director
Officer
40$76,581
Herb CaseDirector
Trustee or director
0.5$0
Warren JaggerDirector
Trustee or director
0.5$0
Paul BazzoniDirector
Trustee or director
1$0
Nan HaffenrefferDirector
Trustee or director
1$0
Michal BrownellDirector
Trustee or director
0.5$0
John CookDirector
Trustee or director
1$0
Jeannie McAllisterDirector
Trustee or director
0.5$0
Maureen HarringtonDirector
Trustee or director
0.5$0
Judy MelansonDirector
Trustee or director
1.5$0
Davy CuttsDirector
Trustee or director
1$0
Geoff ManningDirector
Trustee or director
0.5$0
Peter RowleyDirector
Trustee or director
1.5$0
Bill TheriaultTreasurer
Trustee or director, Officer
1$0
Abigail BrooksPresident
Trustee or director, Officer
25$0
Sheila MackintoshVice President
Trustee or director, Officer
20$0
Ann BeardsleySecretary
Trustee or director, Officer
1.5$0

Address and contacts

Address (IRS master file)
PO BOX 945, L COMPTON, RI 02837-0945
Principal officer (990 for 2025)
Abigail Brooks, Box 945, Little Compton, RI 02837
Signed the 990
Abigail Brooks, President
Phone
(401) 635-8800
Return prepared by
Katharine G Estes CPA

Mission

The Sakonnet Preservation Association, Inc. is dedicated to preserving the rural character and natural resources of Little Compton, Rhode Island for the lasting benefit of the community. Since its inception in 1972, the Organization has protected approximately 486 acres, which it monitors stewards on a regular basis.

990 for the year ended December 31, 2025

Program accomplishments

  • Land stewardship - approximately 486 acres preserved to date
    Expenses $90,175 · revenue $9,834
  • Provide information to the general public about the importance of land conservation.
    Expenses $5,743
  • Land protection - approximately 486 acres preserved to date
    Expenses $4,453

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7225987
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,717,540
Income (IRS master file)
$2,650,628

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$365,743$237,837$8,717,540XML
990December 2024$849,048$610,442$8,610,647XML
990December 2023$2,606,179$2,480,085$8,396,337XML
990December 2022$1,175,105$618,294$8,155,545IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7225987).

Questions about SAKONNET PRESERVATION ASSOC INC

What is the EIN of SAKONNET PRESERVATION ASSOC INC?
The employer identification number (EIN) of SAKONNET PRESERVATION ASSOC INC is 23-7225987.
Is SAKONNET PRESERVATION ASSOC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to SAKONNET PRESERVATION ASSOC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAKONNET PRESERVATION ASSOC INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAKONNET PRESERVATION ASSOC INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAKONNET PRESERVATION ASSOC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SAKONNET PRESERVATION ASSOC INC?
The 990 for the year ended December 31, 2025 names Abigail Brooks.
Who are the officers and directors of SAKONNET PRESERVATION ASSOC INC?
The 990 for the year ended December 31, 2025 lists 16 people; 1 received compensation from the organization, the highest $78,616 (Joy Elvin, Executive Director).
How much revenue does SAKONNET PRESERVATION ASSOC INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $365,743, expenses of $237,837 and total assets of $8,717,540 at year end.

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