Richland County Land Reutilization Corporation (EIN 465339994) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Bart Hamilton

Phone

4197745623

Tax Period

2023-01-01 to 2023-12-31

Richland County Land Reutilization Corporation, founded in 2013, is a community nonprofit in the Housing & Shelter sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

The mission of the Richland County Land Bank is to make a positive sustainable impact on our community by strategically acquiring vacant and abandoned properties, reducing blight, increase property values, and returning them to productive use improving the quality of life for county residents.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,824,566

Program Service Revenue $74,011

Investment Income $12,120

Other Revenue $144

TOTAL REVENUE $2,910,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,853

Program Expenses $3,069,549

Other Expenses $3,096,783

TOTAL EXPENSES $3,096,783

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,910,841	$2,044,353	+0.4%
Expenses	$3,096,783	$2,243,339	+0.4%
Net Income	$-185,942	$-198,986	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Bart Hamilton	Chairman	0.50	Officer Director	$0	$0	$0
Jeff Parton	Vice President	0.50	Officer Director	$0	$0	$0
Joe Gies	Director	0.50	Director	$0	$0	$0
Jerry Holden	Director	0.50	Director	$0	$0	$0
Jim Houser	Director	0.50	Director	$0	$0	$0
Cliff Mears	Director	0.50	Director	$0	$0	$0
Jotika Shetty	Director	0.50	Director	$0	$0	$0
Timothy Theaker	Director	0.50	Director	$0	$0	$0
Tony Vero	Director	0.50	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	$2,910,841	$3,096,783	$559,091	$-185,942
2022	$2,044,353	$2,243,339	$948,119	$-198,986
2021	$546,406	$563,515	$777,536	$-17,109
2020	$1,038,764	$987,496	$799,929	$51,268
2019	$1,685,009	$1,311,988	$745,841	$373,021
2018	$1,907,026	$1,577,422	$683,036	$329,604

Richland County Land Reutilization Corporation