ADIRONDACK LAND TRUST INC (EIN 222559576) - 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

1984

Legal Domicile

Principal Officer

MICHAEL CARR

Phone

5185762400

Tax Period

2024-07-01 to 2025-06-30

ADIRONDACK LAND TRUST INC, founded in 1984, is a community nonprofit in the Environment sector that reported $3.4M in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 27% operating deficit.

Mission

TO FOREVER CONSERVE THE FORESTS, (CONTINUED ON SCHEDULE O) (CONTINUED) FARMLANDS, WATERS AND WILD PLACES THAT ADVANCE THE QUALITY OF LIFE OF OUR COMMUNITIES AND THE ECOLOGICAL INTEGRITY OF THE ADIRONDACKS.

🔒

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 $2,905,855

Program Service Revenue $0

Investment Income $466,149

Other Revenue $8,529

TOTAL REVENUE $3,380,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,458,946

Fundraising Expenses $350,056

Program Expenses $3,644,638

Other Expenses $2,840,880

TOTAL EXPENSES $4,299,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,380,533	$6,958,731	-0.5%
Expenses	$4,299,826	$2,334,609	+0.8%
Net Income	$-919,293	$4,624,122	-1.2%

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

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

$392,019

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM PATERNOTTE	CHAIR (TO 08/24)	4.00	Officer Director	$0	$0	$0
STEPHEN H BURRINGTON	CHAIR	4.00	Officer Director	$0	$0	$0
DAVID HENLE	VICE CHAIR	2.50	Officer Director	$0	$0	$0
ELIZABETH MCLANAHAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TIMOTHY FRITZINGER	TREASURER	2.50	Officer Director	$0	$0	$0
ANNE STUZIN	SECRETARY	2.50	Officer Director	$0	$0	$0
BARBARA GLASER	DIRECTOR (TO 08/24)	1.00	Director	$0	$0	$0
ELIZABETH FOLWELL	DIRECTOR (TO 01/25)	1.00	Director	$0	$0	$0
HEIDI KRETSER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BRUNNER	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES CANHAM	DIRECTOR	1.00	Director	$0	$0	$0
VINNY MCCLELLAND	DIRECTOR (TO 08/24)	1.00	Director	$0	$0	$0
JOE MARTENS	DIRECTOR	1.00	Director	$0	$0	$0
AMY MCCUNE	DIRECTOR	1.00	Director	$0	$0	$0
LISA GUIDE	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY RIPPON-BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
JULIE WILLIS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MAJESKI	DIRECTOR	1.00	Director	$0	$0	$0
PETER PAINE	DIRECTOR	1.00	Director	$0	$0	$0
CATHY MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
DONELLA RAPIER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT TRAINOR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT C ANDOLINA	DIRECTOR (AS OF 11/24)	1.00	Director	$0	$0	$0
SHAUN GILLILLAND	DIRECTOR (AS OF 01/25)	1.00	Director	$0	$0	$0
CASSANDRA PRENN-VASILAKIS	DIRECTOR (AS OF 05/25)	1.00	Director	$0	$0	$0
MICHAEL CARR	EXECUTIVE DIRECTOR	40.00	Officer	$180,434	$30,285	$210,719
NANCY VAN WIE	DIRECTOR OF PHILANTHROPY	40.00	Officer	$141,647	$39,653	$181,300

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	$3,380,533	$4,299,826	$32,327,818	$-919,293
2024	$6,958,731	$2,334,609	$30,673,280	$4,624,122
2023	$8,029,308	$1,799,204	$24,273,616	$6,230,104
2022	$4,399,471	$1,595,105	$15,033,261	$2,804,366
2021	$2,562,243	$1,333,090	$16,791,505	$1,229,153
2020	$1,856,017	$1,296,588	$12,963,427	$559,429
2019	$2,451,024	$1,119,558	$12,087,317	$1,331,466
2018	$1,652,696	$923,400	$10,437,809	$729,296

ADIRONDACK LAND TRUST INC