WOLCOTT LAND CONSERVATION TRUST INC

EIN: 222606938 501(c)(3)

Wolcott, CT

Total Revenue
$4,805
Total Expenses
$5,915
Total Assets
$55,699
Net Assets
$55,699
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CT
Principal Officer
Chris Parsons
Phone
2034708452
Tax Period
2022-01-01 to 2022-12-31

WOLCOTT LAND CONSERVATION TRUST INC, founded in 1985, is a micro nonprofit that reported $5K in total revenue in fiscal year 2022. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $6K exceeded revenue, resulting in a 23% operating deficit.

Mission

The Wolcott Land Conservation Trust, a volunteer, community-based nonprofit organization, acquires and preserves open space and natural habitats to sustain the rural character of Wolcott. Our properties provide opportunities for education, recreation and appreciation of natural spaces.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,805
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,805

Expense Breakdown

Grants Paid $150
Salaries & Benefits $0
Fundraising Expenses $386
Program Expenses $3,300
Other Expenses $5,765
TOTAL EXPENSES $5,915

Year-over-Year Comparison

2022 2021 Change
Revenue $4,805 $27,550 -0.8%
Expenses $5,915 $29,294 -0.8%
Net Income $-1,110 $-1,744 -0.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
12
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Martone Director 1
Officer
$0 $0 $0
David Judd Director 1
Officer
$0 $0 $0
Justin Coleman Director 2
Officer
$0 $0 $0
Lina Marunas Secretary 2
Officer
$0 $0 $0
Mike Sharek Director 1
Officer
$0 $0 $0
Jeremy Chicano Director 2
Officer
$0 $0 $0
Robert Browne Director 5
Officer
$0 $0 $0
Mary Ann Cordeau Director 1
Officer
$0 $0 $0
Tim Moynahan Vice President 1
Officer
$0 $0 $0
Christine Parsons President 5
Officer
$0 $0 $0
Thomas Tella Treasurer 20
Officer
$0 $0 $0
Nicole Romano Director 1
Officer
$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
2022 $4,805 $5,915 $55,699 $-1,110
2021 $27,550 $29,294 $53,393 $-1,744
2020 $5,735 $5,803 $53,134 $-68
2019 $7,944 $6,779 $53,202 $1,165
2018 $7,427 $5,673 $52,037 $1,754
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