WATERTOWN LAND TRUST (EIN 237383726) - 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

1974

Legal Domicile

Principal Officer

DAY PALMER

Phone

8602746566

Tax Period

2023-01-01 to 2023-12-31

WATERTOWN LAND TRUST, founded in 1974, is a micro nonprofit that reported $20K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 80% operating margin.

Mission

PRESERVATION OF OPEN SPACE IN WATERTOWN, CT; MAINTENANCE OF OWNED AND CONSERVED PROPERTIES AND PUBLIC EDUCATION OF ENVIROMENTAL ISSUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,304

Program Service Revenue $0

Investment Income $8,162

Other Revenue $0

TOTAL REVENUE $20,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,068

Other Expenses $4,044

TOTAL EXPENSES $4,044

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,466	$154,117	-0.9%
Expenses	$4,044	$15,144	-0.7%
Net Income	$16,422	$138,973	-0.9%

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
DAY PALMER	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
JAMES ZAWADZKI	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
WILLIAM BREG	SECRETARY	N/A	Officer Director	$0	$0	$0
TED HEAVENRICH	TREASURER	N/A	Officer Director	$0	$0	$0
GAIL SANGREE	TRUSTEE	N/A	Director	$0	$0	$0
JUSTIN GOLDEN	TRUSTEE	N/A	Director	$0	$0	$0
WILLIAM JENS	TRUSTEE	N/A	Director	$0	$0	$0
JACK TRAVER	TRUSTEE	N/A	Director	$0	$0	$0
CHARLES SCHALL	TRUSTEE	N/A	Director	$0	$0	$0
MARCIA MCGOWAN	TRUSTEE	N/A	Director	$0	$0	$0
JOHN JEDD	TRUSTEE	N/A	Director	$0	$0	$0
GARY LAFFERTY	TRUSTEE	N/A	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
2024	No data	No data	No data	No data
2023	$20,466	$4,044	$2,183,408	$16,422
2022	$154,117	$15,144	$2,172,008	$138,973
2021	$84,314	$6,561	$2,026,751	$77,753
2020	$126,515	$5,419	$1,948,998	$121,096

WATERTOWN LAND TRUST