Somers, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN CONNECTICUT LAND TRUST INC, founded in 1987, is a micro nonprofit in the Environment sector that reported $59K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $54K, a strong 91% operating margin.
Preserve the natural resources on the northern CT region including agricultural land and other ecologically significant open space.
Insurance costs necessary to preserve open space and provide recreational opportunities to the public. Expenses include the cost of an annual insurance policy.
Land acquisition costs, stewardship and improvements of properties owned by the Land Trust: The organization owns more than 2,000 acres of open space that is open to the public for passive recreation.
Provide newsletters, an annual report and a website to inform the public of available Land Trust properties, hikes and other recreational activities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $58,943 | $282,068 | -0.8% |
| Expenses | $5,209 | $16,433 | -0.7% |
| Net Income | $53,734 | $265,635 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Patrice Carson | President | 5 |
Director
|
$0 | $0 | $0 |
| Rick Dewey | Director | 3 |
Director
|
$0 | $0 | $0 |
| Karl Hasel | VP | 4 |
Director
|
$0 | $0 | $0 |
| James Gage | VP | 4 |
Director
|
$0 | $0 | $0 |
| Richard Bailey | Director | 3 |
Director
|
$0 | $0 | $0 |
| Walt Moody | Director | 3 |
Director
|
$0 | $0 | $0 |
| Gene Julian | Director | 2 |
Director
|
$0 | $0 | $0 |
| Don Smith | Director | 2 |
Director
|
$0 | $0 | $0 |
| Bryan Jambard Jr | Treasurer | 4 |
Director
|
$0 | $0 | $0 |
| Albert Grant | Director | 3 |
Director
|
$0 | $0 | $0 |
| Valerie Amsel | Director | 0 |
Director
|
$0 | $0 | $0 |
| Elise Bennett | Secretary | 4 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $58,943 | $5,209 | $8,107,913 | $53,734 |
| 2024 | $282,068 | $16,433 | $8,054,179 | $265,635 |
| 2023 | $46,924 | $7,638 | $7,788,544 | $39,286 |
| 2022 | $30,528 | $9,306 | $7,749,258 | $21,222 |
| 2021 | $261,203 | $9,645 | $7,728,036 | $251,558 |
| 2020 | $168,103 | $36,752 | $7,476,478 | $131,351 |
Compare NORTHERN CONNECTICUT LAND TRUST INC with other nonprofits in Connecticut and across the country.