SIPPICAN LANDS TRUST INC (EIN 222795446) - 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

1986

Legal Domicile

Principal Officer

CATHERINE STONE

Phone

5087483080

Tax Period

2024-01-01 to 2024-12-31

SIPPICAN LANDS TRUST INC, founded in 1986, is a small nonprofit in the Environment sector that reported $520K in total revenue in fiscal year 2024. The organization ran a surplus of $367K, a strong 71% operating margin.

Mission

TO ACQUIRE, PRESERVE AND PROTECT LAND IN THE TOWN OF MARION FOR THE LONG-TERM CONSERVATION OF OPEN SPACE AND TO ENCOURAGE APPRECIATION, KNOWLEDGE AND HEALTHY ENGAGEMENT OF THE NATURAL WORLD.

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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 $422,811

Program Service Revenue $1,483

Investment Income $84,823

Other Revenue $10,454

TOTAL REVENUE $519,571

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $42,146

Fundraising Expenses $7,469

Program Expenses $86,479

Other Expenses $108,537

TOTAL EXPENSES $152,683

Year-over-Year Comparison

	2024	2023	Change
Revenue	$519,571	$489,725	+0.1%
Expenses	$152,683	$134,024	+0.1%
Net Income	$366,888	$355,701	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE STONE	PRESIDENT	8.00	Officer Director	$0	$0	$0
BRIAN FREYERMUTH	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ANN SHOR	TREASURER	4.00	Officer Director	$0	$0	$0
SUSANNAH DAVIS	CLERK	4.00	Officer Director	$0	$0	$0
MICHAEL PALMER	CHAIR, STEWARDS	4.00	Director	$0	$0	$0
CHRIS BURDICK	DIRECTOR	1.00	Director	$0	$0	$0
MARY COOLIDGE	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH EWING	DIRECTOR	1.00	Director	$0	$0	$0
ALAN HARRIS	PAST PRESIDENT	1.00	Director	$0	$0	$0
MANNY DA COSTA	DIRECTOR	1.00	Director	$0	$0	$0
NANCY EDMONDS	DIRECTOR	1.00	Director	$0	$0	$0
ALI MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN TEPOLT	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN CROWLEY	DIRECTOR	1.00	Director	$0	$0	$0
PAIGE HOST	DIRECTOR	1.00	Director	$0	$0	$0
RAY TERPENY	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$519,571	$152,683	$7,885,750	$366,888
2023	$489,725	$134,024	$7,526,560	$355,701
2022	$375,416	$155,195	$7,051,814	$220,221
2021	$311,954	$140,468	$6,833,275	$171,486
2020	$212,383	$125,499	$5,962,276	$86,884
2019	$307,906	$145,925	$5,981,904	$161,981
2018	$156,670	$114,057	$5,644,515	$42,613

SIPPICAN LANDS TRUST INC