Heart of the Lakes Ctr for Land Cons

EIN: 030548515 501(c)(3) Environment

Bay City, MI

Total Revenue
$305,789
Total Expenses
$264,317
Total Assets
$198,227
Net Assets
$161,089
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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
2004
Legal Domicile
MI
Principal Officer
Jonathan Jarosz
Phone
9897379543
Tax Period
2023-10-01 to 2024-09-30

Heart of the Lakes Ctr for Land Cons, founded in 2004, is a small nonprofit in the Environment sector that reported $306K in total revenue in fiscal year 2023. Expenses of $264K left a modest 14% surplus.

Mission

Heart of the Lakes provides technical assistance, leadership training, and strategic communication tools that help organizations thrive - from grassroots land conservancies to larger regional conservation groups. Programs such as peer learning cohorts, mentorship opportunities, and shared resource libraries ensure that staff and boards are equipped to address emerging challenges like climate resilience, community engagement, and justice in conservation. Heart of the Lakes also leads storytelling and public awareness efforts that elevate the profile of conservation in Michigan. Through digital campaigns, publications, and earned media, it promotes the importance of land protection and outdoor access, often highlighting the real-world impact of its partners. These efforts help bridge the gap between policy, practice, and public support -- cultivating a conservation movement that is as effective as it is inclusive.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $227,733
Program Service Revenue $19,220
Investment Income $1,336
Other Revenue $57,500
TOTAL REVENUE $305,789

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,834
Fundraising Expenses $0
Program Expenses $233,591
Other Expenses $90,483
TOTAL EXPENSES $264,317

Year-over-Year Comparison

2023 2022 Change
Revenue $305,789 $296,179 +0.0%
Expenses $264,317 $340,583 -0.2%
Net Income $41,472 $-44,404 -1.9%
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

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Governance

Voting Members
13
Independent Members
12
Employees
2
Volunteers
20

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
5
$102,862
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jonathan Jarosz Executive Dir. 40.00
Officer
$89,634 $13,228 $102,862
Chris Bunch Treasurer 1.00
Officer Director
$0 $0 $0
Ryan Postema Vice President 1.00
Officer Director
$0 $0 $0
Ginny Leikman President 1.00
Officer Director
$0 $0 $0
Pete Deboer Director 1.00
Director
$0 $0 $0
Patrick Doran Director 1.00
Director
$0 $0 $0
Ross Hammersley Director 1.00
Director
$0 $0 $0
Tom Nelson Secretary 1.00
Officer Director
$0 $0 $0
Meghan Prindle Director 1.00
Director
$0 $0 $0
Kathy Bouchard-Wyant Director 1.00
Director
$0 $0 $0
Keith Creagh Director 1.00
Director
$0 $0 $0
Abby Ertel Director 1.00
Director
$0 $0 $0
Susan Lackey Director 1.00
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 $305,789 $264,317 $198,227 $41,472
2023 $296,179 $340,583 $139,509 $-44,404
2022 $297,363 $226,887 $161,654 $70,476
2021 $199,285 $203,606 $123,738 $-4,321
2020 $237,338 $220,592 $95,153 $16,746
2019 $183,190 $236,709 $80,233 $-53,519
2018 $258,872 $269,964 $122,715 $-11,092
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