NORWALK LAND TRUST INC (EIN 237309817) - 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

1973

Legal Domicile

Principal Officer

DAVID BRANT

Phone

2033311906

Tax Period

2025-01-01 to 2025-10-31

NORWALK LAND TRUST INC, founded in 1973, is a micro nonprofit that reported $58K in total revenue in fiscal year 2025. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 55% operating deficit.

Mission

NORWALK LAND TRUST SEEKS TO BALANCE NATURE AND DEVELOPMENT BY ACQUIRING LAND AND PRESERVING IT IN ITS NATURAL STATE FOR THE BENEFIT OF NORWALK RESIDENTS AND FUTURE GENERATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $14,601

Program Service Revenue $474

Investment Income $36,587

Other Revenue $6,539

TOTAL REVENUE $58,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,221

Program Expenses $72,212

Other Expenses $90,365

TOTAL EXPENSES $90,365

Year-over-Year Comparison

	2025	2024	Change
Revenue	$58,201	$329,315	-0.8%
Expenses	$90,365	$117,813	-0.2%
Net Income	$-32,164	$211,502	-1.2%

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
BASKIN RICHARD	TREASURER	002.00	Officer Director	$0	$0	$0
BENNETT CONNIE	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
COZZARIN AUDREY	DIRECTOR	002.00	Director	$0	$0	$0
FITZPATRICK DR JOHN	SECRETARY	002.00	Officer Director	$0	$0	$0
HEIN PATTY	DIRECTOR	002.00	Director	$0	$0	$0
HENDRICKSON JIM	VICE PRESIDENT	002.00	Director	$0	$0	$0
HOLTON PEGGY	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
HUBBARD D SEELEY	DIRECTOR	002.00	Director	$0	$0	$0
JEWETT LISA	DIRECTOR	002.00	Director	$0	$0	$0
LAZARUS TAMMIS	DIRECTOR	002.00	Director	$0	$0	$0
PRATT LYNNE	DIRECTOR	002.00	Director	$0	$0	$0
SHANAHAN LISA	PRESIDENT	002.00	Officer Director	$0	$0	$0
TEPAS KEVIN	DIRECTOR	002.00	Director	$0	$0	$0
VEREL MARY	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
WRENN BILL	DIRECTOR	002.00	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	$58,201	$90,365	No data	$-32,164
2024	$329,315	$117,813	$13,964,392	$211,502
2023	$1,791,285	$123,581	$13,750,490	$1,667,704
2022	$128,685	$56,102	$12,076,677	$72,583
2021	$996,126	$331,589	$12,004,094	$664,537
2020	$48,891	$39,896	$11,337,208	$8,995
2019	$128,040	$39,853	$11,328,213	$88,187
2018	$254,817	$58,447	$11,241,120	$196,370

NORWALK LAND TRUST INC