THE DISCOVERY LAND COMPANY FOUNDATION (EIN 204420241) - 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

CHRISTY NICHOLS

Phone

3108590700

Tax Period

2024-01-01 to 2024-12-31

THE DISCOVERY LAND COMPANY FOUNDATION, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $14.9M represent 65 months of operating reserves.

Mission

TO STRENGTHEN NON-PROFIT AND CHARITABLE PROGRAMS THAT SERVE CHILDREN AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,564,484

Program Service Revenue $0

Investment Income $377,722

Other Revenue $-210,065

TOTAL REVENUE $2,732,141

Expense Breakdown

Grants Paid $2,346,167

Salaries & Benefits $243,169

Fundraising Expenses $25,749

Program Expenses $2,551,660

Other Expenses $161,917

TOTAL EXPENSES $2,751,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,732,141	$3,295,512	-0.2%
Expenses	$2,751,253	$2,875,649	0.0%
Net Income	$-19,112	$419,863	-1.0%

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

$288,970

Total Directors

$288,970

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTY NICHOLS	EXECUTIVE DIRECTOR/SECRETARY	40.00	Officer Director	$229,390	$0	$288,970
MICHAEL MELDMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
HUNTER SCOTT MELDMAN	TREASURER	5.00	Officer 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	$2,732,141	$2,751,253	$15,366,025	$-19,112
2023	$3,295,512	$2,875,649	$15,177,008	$419,863
2022	$2,772,482	$3,019,134	$14,691,030	$-246,652
2021	$479,005	$1,750,485	$15,131,423	$-1,271,480
2020	$1,942,961	$2,872,496	$15,931,952	$-929,535
2019	$16,269,121	$2,483,450	$17,021,766	$13,785,671
2018	$1,903,018	$984,542	$2,950,539	$918,476

THE DISCOVERY LAND COMPANY FOUNDATION