TROY COMMUNITY LAND BANK CORPORATION (EIN 472386710) - 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

2014

Legal Domicile

Principal Officer

ANTHONY TOZZI

Phone

5183280244

Tax Period

2020-01-01 to 2020-12-31

TROY COMMUNITY LAND BANK CORPORATION, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $168K in total revenue in fiscal year 2020. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $385K exceeded revenue, resulting in a 130% operating deficit.

Mission

THE TROY COMMUNITY LAND BANK ACQUIRES, REHABILITATES AND RESELLS VACANT AND ABANDONED BUILDINGS THROUGHOUT THE CITY OF TROY, 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 $393,540

Program Service Revenue $740

Investment Income $76

Other Revenue $-226,577

TOTAL REVENUE $167,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,056

Fundraising Expenses $0

Program Expenses $189,471

Other Expenses $293,353

TOTAL EXPENSES $385,409

Year-over-Year Comparison

	2020	2019	Change
Revenue	$167,779	$242,186	-0.3%
Expenses	$385,409	$384,009	+0.0%
Net Income	$-217,630	$-141,823	+0.5%

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

$77,885

Total Directors

$77,885

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY TOZZI	EXECUTIVE DIRECTOR	50.00	Officer Director	$77,885	$0	$77,885
HEATHER KING	BOARD CHAIR	4.10	Officer Director	$0	$0	$0
SUZANNE SPELLEN	BOARD VICE CHAIR	3.00	Officer Director	$0	$0	$0
BRIAN BARKER	BOARD SECRETARY	3.00	Officer Director	$0	$0	$0
SHARON NICHOLS	FORMER TREASURER	3.00	Officer Director	$0	$0	$0
JEANNETTE NICHOLSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREW COOPER	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN CUBIT	BOARD MEMBER	2.00	Director	$0	$0	$0
KRYSTINA MARABLE	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICIA REILLY	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN CARMELLO	BOARD MEMBER	2.00	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
2020	$167,779	$385,409	$1,119,768	$-217,630
2019	$242,186	$384,009	$1,223,269	$-141,823
2018	$291,892	$441,993	$875,726	$-150,101

TROY COMMUNITY LAND BANK CORPORATION