CUMBERLAND LAND TRUST INC (EIN 223020024) - 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

1989

Legal Domicile

Principal Officer

JOSEPH PAILTHORPE

Phone

4013747857

Tax Period

2024-01-01 to 2024-12-31

CUMBERLAND LAND TRUST INC, founded in 1989, is a micro nonprofit that reported $66K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 74% operating margin.

Mission

THE CUMBERLAND LAND TRUST IS A PRIVATE, NONPROFIT, CHARITABLE CONSERVATION ORGANIZATION RUN BY A DEDICATED GROUP OF VOLUNTEERS. ITS MISSION IS THE PRESERVE THE NATURAL RESOURCES OF CUMBERLAND FOR PRESENT AND FUTURE GENERATIONS BY PRESERVING LAND FOR OPEN SPACE

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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 $60,202

Program Service Revenue $0

Investment Income $5,941

Other Revenue $0

TOTAL REVENUE $66,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,339

Other Expenses $17,179

TOTAL EXPENSES $17,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$66,143	$50,389	+0.3%
Expenses	$17,179	$10,907	+0.6%
Net Income	$48,964	$39,482	+0.2%

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

N/A

Volunteers

N/A

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
FRANK MATTA	DIRECTOR	6.00	Director	$0	$0	$0
MICHAEL PLASSE	DIRECTOR	7.00	Director	$0	$0	$0
KEVIN GRADY	DIRECTOR	3.00	Director	$0	$0	$0
DEBBIE MITCHELL	DIRECTOR	3.00	Director	$0	$0	$0
MARCEL BEAUSOLEIL	DIRECTOR	6.00	Director	$0	$0	$0
DAVID NEWTON	DIRECTOR	6.00	Director	$0	$0	$0
MARY JO MCELDOWNEY	DIRECTOR	6.00	Director	$0	$0	$0
JERRY FRECHETTE	DIRECTOR	6.00	Director	$0	$0	$0
MICHAEL BODAY	VICE PRESIDENT	3.00	Officer	$0	$0	$0
RANDY TUOMISTO	PRESIDENT	6.00	Officer	$0	$0	$0
SUSAN BUNDY	SECRETARY	4.00	Officer	$0	$0	$0
JOSEPH PAILTHORPE	TREASURER	6.00	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
2025	No data	No data	No data	No data
2024	$66,143	$17,179	$5,271,206	$48,964
2023	$50,389	$10,907	$5,222,242	$39,482
2022	$73,850	$17,007	$5,182,760	$56,843
2021	$61,492	$23,220	$5,125,917	$38,272
2020	$71,385	$17,714	$5,087,645	$53,671
2019	$107,819	$12,542	$5,033,974	$95,277
2018	$1,223,364	$10,215	$4,938,697	$1,213,149

CUMBERLAND LAND TRUST INC