COMMUNITY LAND TRUST OF SCHENECTADY INC (EIN 141747222) - 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

1991

Legal Domicile

Principal Officer

BEVERLY BURNETT

Phone

5183727616

Tax Period

2019-07-01 to 2020-01-15

COMMUNITY LAND TRUST OF SCHENECTADY INC, founded in 1991, is a small nonprofit that reported $615K in total revenue in fiscal year 2019. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A LAND TRUST DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR INDIVIDUALS AND THE COMMUNITY BY BUILDING AND REHABILITATING HOMES AND ENABLING LOW INCOME FAMILIES TO BECOME COMMITTED RESPONSIBLE HOMEOWNERS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $488,095

Program Service Revenue $57,988

Investment Income $10,064

Other Revenue $58,499

TOTAL REVENUE $614,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,893

Fundraising Expenses $165

Program Expenses $600,813

Other Expenses $522,104

TOTAL EXPENSES $630,997

Year-over-Year Comparison

	2019	2018	Change
Revenue	$614,646	$920,637	-0.3%
Expenses	$630,997	$914,720	-0.3%
Net Income	$-16,351	$5,917	-3.8%

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

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

$73,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACLYN FALOCITO	PRESIDENT	4.00	Officer Director	$0	$0	$0
DARREN GUNDRUM	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
DEB GIROUX	TREASURER	4.00	Officer Director	$0	$0	$0
MEGAN EDEN	SECRETARY	4.00	Officer Director	$0	$0	$0
KERRY O'CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
TARYN DEVILA-WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY BURNETT	EXECUTIVE DIRECTOR	40.00	Officer	$63,241	$9,959	$73,200

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
2020	$614,646	$630,997	No data	$-16,351

COMMUNITY LAND TRUST OF SCHENECTADY INC