Landman Scholarship Trust

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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

1994

Legal Domicile

Principal Officer

DR GRETA ZEIMETZ

Phone

8178477700

Tax Period

2022-07-01 to 2023-06-30

Landman Scholarship Trust, founded in 1994, is a small nonprofit that reported $202K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $332K exceeded revenue, resulting in a 64% operating deficit.

Mission

PROVIDE SCHOLARSHIPS FOR THE BENEFIT AND ASSISTANCE OF QUALIFIED STUDENTS OF ACCREDITED COLLEGES, UNIVERSITIES, AND OTHER INSTITUTIONS OF HIGHER LEARNING, WHICH STUDENTS DESIRE TO OBTAIN EDUCATION AND TRAINING IN THE FIELD OF NATURAL RESOURCES MANAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $261,654

SCHOLARSHIP GRANTS TO STUDENTS ATTENDING COLLEGES WHICH OFFER AN ACCREDITED CURRICULUM IN PETROLEUM OR MINERALS LAND MANAGEMENT. GRANTS ARE BASED ON STUDENTS' ACADEMIC RECORD, SCHOOL PARTICIPATION...

SCHOLARSHIP GRANTS TO STUDENTS ATTENDING COLLEGES WHICH OFFER AN ACCREDITED CURRICULUM IN PETROLEUM OR MINERALS LAND MANAGEMENT. GRANTS ARE BASED ON STUDENTS' ACADEMIC RECORD, SCHOOL PARTICIPATION AND PERSONAL INTERVIEW. DURING THE FISCAL YEAR, 56 SCHOLARSHIPS WERE FURNISHED TO 12 MAJOR UNIVERSITIES OR COLLEGES FOR DISBURSEMENT. ALSO PROVIDE AAPL MEMBERSHIPS TO STUDENTS AND ASSOCIATE MEMBERS. DURING THE FISCAL YEAR, 412 MEMBERSHIPS WERE PROVIDED TO AAPL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,027

Program Service Revenue $0

Investment Income $200,439

Other Revenue $0

TOTAL REVENUE $202,466

Expense Breakdown

Grants Paid $237,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $261,654

Other Expenses $94,594

TOTAL EXPENSES $332,094

Year-over-Year Comparison

	2022	2021	Change
Revenue	$202,466	$835,150	-0.8%
Expenses	$332,094	$377,012	-0.1%
Net Income	$-129,628	$458,138	-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

N/A

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

$600,672

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRETA ZEIMETZ	AAPL EXECUTIVE VICE PRESIDENT	2.0	Officer	$0	$64,179	$392,028
Amanda Johnson	AAPL CAO End: 02/23	2.0	Officer	$0	$38,921	$208,644
NANCY MCCASKELL	CHAIRMAN EMERITUS END: 06/23	1.0	Officer Director	$0	$0	$0
GREGORY M RIEDL	CHAIRMAN/TRUSTEE END: 06/23	1.0	Officer Director	$0	$0	$0
Michelle L Phillips	ASSISTANT CHAIR END: 06/23	1.0	Officer Director	$0	$0	$0
Ryan G Schneider	VOTING TRUSTEE END: 06/23	1.0	Director	$0	$0	$0
Mona Ables	VOTING TRUSTEE END: 06/23	1.0	Director	$0	$0	$0
Hamel B Reinmiller	VOTING TRUSTEE	1.0	Director	$0	$0	$0
Stefan Keplinger	VOTING TRUSTEE	1.0	Director	$0	$0	$0
Robert Rice	VOTING TRUSTEE	1.0	Director	$0	$0	$0
Michael J Moran	VOTING TRUSTEE	1.0	Director	$0	$0	$0
Sean W Marshall	VOTING TRUSTEE END: 06/23	1.0	Director	$0	$0	$0
Britney A Crookshanks	VOTING TRUSTEE END: 06/23	1.0	Director	$0	$0	$0
Matt W Smith	VOTING TRUSTEE END: 06/23	1.0	Director	$0	$0	$0
PAUL HARRISON	CFO START: 05/23	2.0	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	No data	No data	No data	No data
2023	$202,466	$332,094	$9,162,449	$-129,628
2022	$835,150	$377,012	$8,674,942	$458,138
2021	$873,154	$270,208	$10,008,076	$602,946
2020	$71,154	$291,513	$7,770,990	$-220,359
2019	$638,706	$322,201	$7,811,987	$316,505
2018	$457,783	$229,878	$7,505,367	$227,905