HERITAGE LAND PRESERVATION TRUST INC (EIN 510172264) - 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

1986

Legal Domicile

Principal Officer

STEPHEN IVAIN

Phone

8603616835

Tax Period

2024-03-01 to 2025-02-28

HERITAGE LAND PRESERVATION TRUST INC, founded in 1986, is a micro nonprofit in the Environment sector that reported $5K in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 185% operating deficit.

Mission

HERITAGE LAND PRESERVATION TRUST IS DEDICATED TO THE PERMANENT PRESERVATION OF LAND FREED FROM POLITICAL OR ECONOMIC THREAT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,412

Program Service Revenue $0

Investment Income $2,627

Other Revenue $0

TOTAL REVENUE $5,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,795

Other Expenses $14,363

TOTAL EXPENSES $14,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,039	$15,622	-0.7%
Expenses	$14,363	$26,101	-0.4%
Net Income	$-9,324	$-10,479	-0.1%

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

N/A

Volunteers

N/A

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	Role	Reportable Comp	Other Comp	Total
EARL SKOKAN	PRESIDENT/SECRETARY	Officer Director	$0	$0	$0
MICHAEL MAGISTRALI	VICE PRESIDENT	Officer Director	$0	$0	$0
STEPHEN IVAIN	TREASURER	Officer Director	$0	$0	$0
TOMAS SLAIBY	TRUSTEE	Director	$0	$0	$0
NICOLE BASTTIANI-FRITCH	TRUSTEE	Director	$0	$0	$0
MICHAEL KANEB	TRUSTEE	Director	$0	$0	$0
DANIEL MCGUINNESS	TRUSTEE	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
2025	$5,039	$14,363	$2,115,867	$-9,324
2024	$15,622	$26,101	$2,118,512	$-10,479
2023	$5,508	$8,733	$2,121,809	$-3,225
2022	$4,718	$22,170	$2,140,664	$-17,452
2021	$38,289	$22,615	$2,153,114	$15,674

HERITAGE LAND PRESERVATION TRUST INC