Lake George Land Conservancy Inc (EIN 222902944) - 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

1988

Legal Domicile

Principal Officer

Michael Horn

Phone

5186449673

Tax Period

2024-07-01 to 2025-06-30

Lake George Land Conservancy Inc, founded in 1988, is a community nonprofit in the Environment sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.3M, a strong 81% operating margin.

Mission

Dedicated to permanently preserve the natural, scenic and recreational resources of the Lake George Basin.

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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 $7,205,548

Program Service Revenue $0

Investment Income $634,724

Other Revenue $-89,791

TOTAL REVENUE $7,750,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $778,454

Fundraising Expenses $218,776

Program Expenses $949,953

Other Expenses $676,794

TOTAL EXPENSES $1,455,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,750,481	$3,953,376	+1.0%
Expenses	$1,455,248	$1,227,865	+0.2%
Net Income	$6,295,233	$2,725,511	+1.3%

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

232

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

$197,939

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Horn	Executive Dir.	40.00	Officer	$160,943	$36,996	$197,939
Walt Lender	Director	1.00	Director	$0	$0	$0
Bernice McPhillips	Director	1.00	Director	$0	$0	$0
George Morris	VP, Treasurer	2.00	Officer Director	$0	$0	$0
Elizabeth Avery	Director	1.00	Director	$0	$0	$0
Nancy Flacke Reuss	Director	1.00	Director	$0	$0	$0
Sheryl Arenholz	Vice President	2.00	Officer Director	$0	$0	$0
ELIZABETH GUEST	Director	1.00	Director	$0	$0	$0
Robert C Singer	Director	1.00	Director	$0	$0	$0
Paul Bell	President	2.00	Officer Director	$0	$0	$0
Kealy Salomon	Director	1.00	Director	$0	$0	$0
Katie Bruening	Director	1.00	Director	$0	$0	$0
Amanda Metzger	Director	1.00	Director	$0	$0	$0
Patty HasBrouck	Secretary	2.00	Officer Director	$0	$0	$0
Robert Von Werne	Vice President	2.00	Officer Director	$0	$0	$0
Michael Barrett	Director	1.00	Director	$0	$0	$0
Diane Marr Asiel	Director	1.00	Director	$0	$0	$0
Tracey Clothier	Vice President	2.00	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
2025	$7,750,481	$1,455,248	$46,394,863	$6,295,233
2024	$3,953,376	$1,227,865	$36,595,449	$2,725,511
2023	$6,715,601	$1,141,697	$35,597,900	$5,573,904
2022	$3,330,025	$974,646	$29,992,461	$2,355,379
2021	$2,589,518	$927,169	$25,772,963	$1,662,349
2020	$2,261,503	$904,057	$22,923,871	$1,357,446
2019	$1,914,369	$922,723	$21,777,946	$991,646
2018	$2,725,653	$786,275	$20,974,999	$1,939,378

Lake George Land Conservancy Inc