WACHUSETT MOUNTAIN ASSOCIATES LAND… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

HENRY W BETH ESQ

Phone

9784642300

Tax Period

2023-01-01 to 2023-12-31

WACHUSETT MOUNTAIN ASSOCIATES LAND ACQUISITION FUND TRUST, founded in 1982, is a small nonprofit that reported $493K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $488K, a strong 99% operating margin.

Mission

SEE LINE 4A

Program Service Accomplishments

Program 1

Expenses: $5,671 Revenue: $337,888

THE TRUST FUND WAS CREATED FOR THE PURPOSE OF ACQUIRING LAND DEEMED AVAILABLE AND DESIRABLE BY THE COMMONWEALTH OF MASSACHUSETTS ACTING THROUGH ITS DEPARTMENT OF ENVIRONMENTAL MANAGEMENT FOR...

THE TRUST FUND WAS CREATED FOR THE PURPOSE OF ACQUIRING LAND DEEMED AVAILABLE AND DESIRABLE BY THE COMMONWEALTH OF MASSACHUSETTS ACTING THROUGH ITS DEPARTMENT OF ENVIRONMENTAL MANAGEMENT FOR CONSERVATION AND RECREATIONAL PURPOSES.

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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 $0

Program Service Revenue $337,888

Investment Income $155,585

Other Revenue $0

TOTAL REVENUE $493,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,671

Other Expenses $5,671

TOTAL EXPENSES $5,671

Year-over-Year Comparison

	2023	2022	Change
Revenue	$493,473	$332,547	+0.5%
Expenses	$5,671	$5,035	+0.1%
Net Income	$487,802	$327,512	+0.5%

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

N/A

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
HENRY W BETH ESQ	TRUSTEE	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$493,473	$5,671	$3,558,181	$487,802
2022	$332,547	$5,035	$3,070,379	$327,512
2021	$251,232	$439,806	$2,742,867	$-188,574
2020	$249,079	$6,146	$2,931,441	$242,933
2019	$298,981	$5,746	$2,688,508	$293,235
2018	$271,636	$235,430	$2,395,273	$36,206

WACHUSETT MOUNTAIN ASSOCIATES LAND ACQUISITION FUND TRUST