AVE MARIA UNIVERSITY LAND TRUST INC (EIN 200154974) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

STEVE LOGAN

Phone

2392802500

Tax Period

2024-07-01 to 2025-06-30

AVE MARIA UNIVERSITY LAND TRUST INC, founded in 2003, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $4.4M exceeded revenue, resulting in a 60% operating deficit.

Mission

SECTION 509(A)(3) SUPPORTING ORGANIZATION TO AVE MARIA UNIVERSITY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,723,908

Other Revenue $0

TOTAL REVENUE $2,723,908

Expense Breakdown

Grants Paid $4,356,995

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,356,995

Other Expenses $0

TOTAL EXPENSES $4,356,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,723,908	$3,078,085	-0.1%
Expenses	$4,356,995	$6,679,636	-0.3%
Net Income	$-1,633,087	$-3,601,551	-0.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$527,184

Total Directors

$1,108,183

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE FORREST III	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
EUGENE MUNIN	PRESIDENT/DIRECTOR (THRU JUNE 2025)	1.00	Officer Director	$0	$0	$241,067
ROGER NUTT	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$286,117
PAUL HUSAK	DIRECTOR	1.00	Director	$0	$0	$332,956
STEVE LOGAN	PRESIDENT/DIRECTOR (FROM JUNE 2025)	1.00	Director	$0	$0	$248,043

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	$2,723,908	$4,356,995	$36,861,028	$-1,633,087
2024	No data	No data	No data	No data
2023	$2,273,137	$3,222,000	$43,116,650	$-948,863
2022	$2,581,791	$6,850,000	$45,267,081	$-4,268,209
2021	$2,361,511	No data	$50,558,241	No data
2020	$1,418,605	$2,732,600	$49,693,068	$-1,313,995
2019	$1,058,438	$1,944,500	$48,868,587	$-886,062
2018	$1,664,335	$2,577,000	$50,467,244	$-912,665

AVE MARIA UNIVERSITY LAND TRUST INC