LAND IN COMMON INC (EIN 263832721) - 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

Kate Boverman

Phone

2077547575

Tax Period

2023-01-01 to 2023-12-31

LAND IN COMMON INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $387K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $516K exceeded revenue, resulting in a 33% operating deficit.

Mission

Land in Common removes land from speculative markets and places it into a member-run trust, to be cared for over the long-term by its residents. We are creating a multi-generational land base for sustainable livelihoods that supports communities working for just, cooperative, and resilient futures.

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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 $364,553

Program Service Revenue $22,122

Investment Income $210

Other Revenue $0

TOTAL REVENUE $386,885

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,386

Fundraising Expenses $32,034

Program Expenses $460,203

Other Expenses $327,855

TOTAL EXPENSES $516,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$386,885	$589,234	-0.3%
Expenses	$516,241	$208,108	+1.5%
Net Income	$-129,356	$381,126	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ETHAN MILLER	CO-COORDINATOR	30.00		$62,724	$0	$62,724
Ethan Miller	BOARD MEMBER	0.50		$0	$0	$0
Jonah Fertig-Burd	BOARD MEMBER	0.50		$0	$0	$0
Nathan Brimmer	BOARD MEMBER	0.50		$0	$0	$0
Sherie Blumenthal	BOARD MEMBER	0.50		$0	$0	$0
Kate Boverman	President	1.00	Officer	$0	$0	$0
Daphne Loring	Vice President	1.00	Officer	$0	$0	$0
Camille Parrish	Treasurer	1.00	Officer	$0	$0	$0
Katharine Gaillard	Secretary	0.50	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
2024	No data	No data	No data	No data
2023	$386,885	$516,241	$1,244,519	$-129,356
2022	$589,234	$208,108	$1,377,353	$381,126
2021	$455,501	$99,627	$1,016,744	$355,874
2021	$449,303	$96,594	$1,016,744	$352,709
2020	$146,714	$18,336	$687,069	$128,378

LAND IN COMMON INC