Hancock, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)KEWEENAW LAND TRUST INC, founded in 1996, is a community nonprofit in the Environment sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 82% operating margin.
Keweenaw Land Trust (KLT) is a community partner protecting land, water and quality of life through conservation, stewardship and nature connections serving the six western counties of the Upper Peninsula of Michigan. KLT is a qualified holder of conservation land and easements and one of about 450 land trusts across the country awarded accreditation, documenting that it follows best practices across all areas of operations. KLT currently owns and stewards 28 natural areas open year-round for low-impact use by the general public. KLT offers programs and guided explorations on its protected lands to foster connections and better understanding of the unique landscapes and natural features of our region. KLT relies on support from several hundred member households along with grants and partnerships to carry out its mission of conserving special places in our community now and for generations to come.
CONSERVATION:Two new nature areas were established under the Keweenaw Land Trust (KLT) land conservation program during 2024. Several donors contributed to the purchase of a land parcel of about 52...
CONSERVATION:Two new nature areas were established under the Keweenaw Land Trust (KLT) land conservation program during 2024. Several donors contributed to the purchase of a land parcel of about 52 acres with 1,400 feet of undeveloped shoreline on Lake Superior, including the mouth of Jacob's Creek. Protection of undeveloped Lake Superior shoreline remains among the highest conservation priorities of the organization based in part on community input and regional conservation plans. This project also conserves high quality wooded dune and swale coastal habitats. The Boston Creek Nature Area was established by the donation of 40 acres to conserve a scenic quarter-mile stretch of the creek with rapids and small waterfalls and lined by woodland. A rolling topography, diverse habitats and exceptional examples of exposed nonesuch shale rock formations add interest and value to this conservation project. Several potential conservation projects are under evaluation or in development from partner referrals, landowner inquiries, and organizational program initiatives, including shoreline tracts, inland lakes, old growth forest and river frontage. KLT land protection staff participate in peer practitioner networking and online training through the national Land Trust Alliance for professional support and development. The national Land Trust Accreditation Commission awarded KLT renewal of its accreditation status, an important indication that KLT follows standards and practices to better ensure sound, legal and ethical transactions that will stand the test of time. KLT staff are working with legal counsel to update its methodology for drafting conservation easements to better align with current best practices. While easement work will continue, KLT has made an intentional shift towards protecting land by ownership, an approach that provides more direct public benefits and community connection to the land while offering KLT more control.
STEWARDSHIP:Keweenaw Land Trust (KLT) continued its work to enhance habitats and facilitate public access opportunities in keeping with conservation goals for its protected lands. KLT hosted an...
STEWARDSHIP:Keweenaw Land Trust (KLT) continued its work to enhance habitats and facilitate public access opportunities in keeping with conservation goals for its protected lands. KLT hosted an AmeriCorps National Civil Community Conservation team of 6 members for 8 weeks to bolster stewardship efforts during the 2024 field season. Engaging volunteers is a hallmark of growing stewardship capacity and personal connections to our protected land, and transferring knowledge that can facilitate better stewardship on private land. A component of our stewardship program is maintaining several rustic cabins available for scheduled use by donation. In accordance with LTA Standards & Practices, KLT conducted annual monitoring of its nature areas and private lands protected by conservation easements to ensure that conservation values are being protected. Documentation of monitoring and stewardship work is a critical component of accreditation with records selected by the Land Trust Accreditation Commission submitted as part of KLT's application for renewal of accreditation status. KLT continues to work on technological improvements to facilitate better networking, backup systems, security and organization of digital records for its conservation and stewardship programs.
OUTREACH -NATURE CONNECTIONS:Keweenaw Land Trust (KLT) offers a variety of programs aimed at strengthening connections to our protected lands and the broader natural world. Better understanding can...
OUTREACH -NATURE CONNECTIONS:Keweenaw Land Trust (KLT) offers a variety of programs aimed at strengthening connections to our protected lands and the broader natural world. Better understanding can translate to care and support for the conservation and stewardship efforts of the organization.New this year was a pilot Artist-in-Residence program supported by a mini-grant from the Land Trust Alliance. The program hosted 3 artists on Silver Island that later shared their work and stories at a public reception on the mainland. Story Trails are an ongoing program that posts pages of nature-themed books along a trail enticing visitors to hike and learn. Guided outdoor explorations often engage community partners or volunteers and mix learning, art and camaraderie in events on our protected lands. These include Tyke Hikes targeting families with youngsters and activities combined with stewarding or managing our nature areas. KLT programs teach about threats from invasive species and the benefits and logistics of native plantings to benefit wildlife habitats. KLT is a Leave No Trace partner encouraging responsible and ethical use of all lands open for public use. KLT engages with local schools (K-university) utilizing our protected lands as outdoor classrooms as well as sharing indoor learning about our conservation and stewardship work. KLT regularly conducts educational outreach through its website (www.KeweenawLandTrust.org), social media and email notices, and through print publication of newsletters, reports, and brochures. Countless individuals and groups create their own experiences on KLT protected lands that are open year-round for low-impact use by the general public at no charge.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,570,075 | $662,096 | +1.4% |
| Expenses | $289,689 | $273,514 | +0.1% |
| Net Income | $1,280,386 | $388,582 | +2.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Patricia Toczydlowski | Interim Executive Director/Project Specialist | 35 |
Key Emp
|
$31,560 | $0 | $31,560 |
| Calvin Koski | Director | 2 |
Director
|
$0 | $0 | $0 |
| Evan Lanese | Director | 1 |
Director
|
$0 | $0 | $0 |
| Jamie Robertson | Director | 1 |
Director
|
$0 | $0 | $0 |
| Louie Vencato | Director | 2 |
Director
|
$0 | $0 | $0 |
| Mike Abbott | Director | 2 |
Director
|
$0 | $0 | $0 |
| Mariana Grohowski | Director | 2 |
Director
|
$0 | $0 | $0 |
| Jim Northey | Director | 2 |
Director
|
$0 | $0 | $0 |
| William Leder | Treasurer | 8 |
Officer
|
$0 | $0 | $0 |
| Alex Hirzel | Secretary | 4 |
Officer
|
$0 | $0 | $0 |
| Nancy Langston | President | 15 |
Officer
|
$0 | $0 | $0 |
| Stan Vitton | Vice President | 10 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,570,075 | $289,689 | $12,046,747 | $1,280,386 |
| 2023 | $662,096 | $273,514 | $10,684,028 | $388,582 |
| 2022 | $322,408 | $265,861 | $10,038,092 | $56,547 |
| 2021 | $901,613 | $238,253 | $10,243,026 | $663,360 |
| 2020 | $2,201,413 | $313,876 | $9,606,815 | $1,887,537 |
Compare KEWEENAW LAND TRUST INC with other nonprofits in Michigan and across the country.