LAND FOR GOOD INC (EIN 020530711) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

TIM WHEELER

Phone

6033571600

Tax Period

2023-01-01 to 2023-12-31

LAND FOR GOOD INC, founded in 2006, is a small nonprofit in the Environment sector that reported $620K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $579K left a modest 7% surplus.

Mission

ENSURE THE FUTURE OF FARMING IN BY PUTTING MORE FARMERS MORE SECURELY ON MORE LAND IN NEW ENGLAND AND BEYOND. EACH YEAR WE HELP THOUSANDS OF FARMERS, LANDOWNERS, PROFESSIONALS AND COMMUNITIES NAVIGATE THE COMPLEX CHALLENGES OF FARMLAND ACCESS, FARM TENURE, FARM TRANSFER, AND SUCCESSION. OUR DIRECT TECHNICAL ASSISTANCE, EDUCATION AND ADVOCACY PROGRAMS SUPPORT THE INTERRELATED GOALS OF THREE PROGRAMS: 1.OUR FARM SEEKERS PROGRAM FOSTERS FARMING OPPORTUNITIES BY HELPING FARM SEEKERS ACQUIRE FARMS AND FARMLAND. 2.OUR FARM LEGACY PROGRAM ENSURES MEANINGFUL LEGACIES BY HELPING TRANSFER FARMS TO THE NEXT GENERATION OR OPERATOR. 3.OUR WORKING LANDS PROGRAM INCREASES LAND STEWARDSHIP BY HELPING LANDOWNERS MAKE LAND AVAILABLE FOR FARMING. WE BELIEVE THAT ANY STRATEGY TO IMPROVE LAND ACCESS AND TENURE SECURITY FOR BEGINNING AND ESTABLISHED FARMERS MUST MAKE LAND MORE AVAILABLE AND AFFORDABLE, IN WAYS THAT ARE BOTH APPROPRIATE AND EQUITABLE. THAT'S WHY WE DEVELOP, PROMOTE AND SUPPORT DIVERSITY AND

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $475,281

Program Service Revenue $142,679

Investment Income $830

Other Revenue $850

TOTAL REVENUE $619,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338,409

Fundraising Expenses $17,549

Program Expenses $535,468

Other Expenses $240,932

TOTAL EXPENSES $579,341

Year-over-Year Comparison

	2023	2022	Change
Revenue	$619,640	$449,397	+0.4%
Expenses	$579,341	$513,100	+0.1%
Net Income	$40,299	$-63,703	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH LEONARD KOSSITS	DIRECTOR	0.70	Director	$0	$0	$0
TORY MCCAGG	DIRECTOR	0.70	Director	$0	$0	$0
GLEN OHLUND	TREASURER	0.60	Officer Director	$0	$0	$0
CARL QUERFURTH	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL UNGIER	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
TIM WHEELER	PRESIDENT	1.50	Officer Director	$0	$0	$0
JANET WOODWARD	DIRECTOR	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$619,640	$579,341	$213,999	$40,299
2022	$449,397	$513,100	$173,650	$-63,703
2021	$497,717	$434,447	$230,372	$63,270
2020	$523,099	$498,192	$175,998	$24,907
2019	$462,634	$569,613	$163,390	$-106,979
2018	$573,519	$529,799	$256,045	$43,720

LAND FOR GOOD INC