NEWBURGH COMMUNITY LAND BANK C/O JENNIFER WELLES (EIN 460549946) - 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

2012

Legal Domicile

Principal Officer

LISA DAILY

Phone

8455697350

Tax Period

2020-07-01 to 2021-06-30

NEWBURGH COMMUNITY LAND BANK C/O JENNIFER WELLES, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2020. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $539K, a strong 45% operating margin.

Mission

ESTABLISHED FOR THE PURPOSE OF STIMULATING PLANNING, ECONOMIC DEVELOPMENT, AND NEIGHBOROOD REVITALIZATION IN THE CITY OF NEWBURGH, NEW YORK

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,376,595

Program Service Revenue $0

Investment Income $0

Other Revenue $-179,773

TOTAL REVENUE $1,196,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $310,106

Fundraising Expenses $0

Program Expenses $597,140

Other Expenses $347,217

TOTAL EXPENSES $657,323

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,196,822	$584,783	+1.0%
Expenses	$657,323	$775,649	-0.2%
Net Income	$539,499	$-190,866	-3.8%

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
LISA DAILY	CHAIRPERSON/DIRECTOR	1.00	Officer Director	$0	$0	$0
ALEXANDRA CHURCH	DIRECTOR	1.00	Director	$0	$0	$0
RAMONA MONTEVERDE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN WHITE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL HALAYKO	DIRECTOR	1.00	Director	$0	$0	$0
JOE SURACE	DIRECTOR	1.00	Director	$0	$0	$0
JOE DONAT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID POTACK	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
ANDREI NILES	SECRETARY/DIRECTOR	1.00	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
2021	$1,196,822	$657,323	$2,241,923	$539,499
2020	$584,783	$775,649	$2,934,187	$-190,866
2019	$2,520,345	$1,911,364	$2,265,156	$608,981
2018	$630,752	$739,984	$1,583,012	$-109,232

NEWBURGH COMMUNITY LAND BANK C/O JENNIFER WELLES