SOUTHERN ARIZONA LAND TRUST INC (EIN 262948288) - 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

2008

Legal Domicile

Principal Officer

GREGG T SASSE

Phone

5203522626

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN ARIZONA LAND TRUST INC, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $2.0M left a modest 9% surplus.

Mission

THE MISSION OF SOUTHERN ARIZONA LAND TRUST INC. IS TO PROMOTE COMMUNITY INTERESTS IN PIMA COUNTY AND SOUTHERN ARIZONA BY INVESTING IN AND REVITALIZING NEIGHBORHOODS THROUGH THE DEVELOPMENT OF QUALITY AFFORDABLE HOUSING.

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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 $35,848

Program Service Revenue $1,897,866

Investment Income $238,867

Other Revenue $39,567

TOTAL REVENUE $2,212,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $674,978

Fundraising Expenses $0

Program Expenses $1,827,595

Other Expenses $1,346,211

TOTAL EXPENSES $2,021,189

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,212,148	$2,569,672	-0.1%
Expenses	$2,021,189	$1,891,881	+0.1%
Net Income	$190,959	$677,791	-0.7%

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

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

$274,319

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG T SASSE	EXECUTIVE DI	40.00	Officer	$144,550	$23,556	$168,106
DEBRA SEIDL	ACCT/FINANCE	40.00	Officer	$90,100	$16,113	$106,213
SHAIMA NAMAZIFORD	BOARD SECRET	0.25	Officer Director	$0	$0	$0
KENNETH SILVERMAN	BOARD TREASU	0.33	Officer Director	$0	$0	$0
FRANK VALENZUELA	BOARD CHAIRM	0.50	Officer 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	$2,212,148	$2,021,189	$21,356,910	$190,959
2023	$2,569,672	$1,891,881	$20,670,576	$677,791
2022	$2,439,427	$1,855,560	$19,963,207	$583,867
2021	$2,439,910	$1,726,367	$20,281,486	$713,543
2020	$1,775,044	$2,519,762	$19,283,072	$-744,718
2019	$1,480,579	$4,720,902	$22,928,540	$-3,240,323
2019	$1,480,579	$4,720,902	$22,928,540	$-3,240,323
2018	$1,635,261	$1,656,180	$27,436,716	$-20,919

SOUTHERN ARIZONA LAND TRUST INC