PATUXENT TIDEWATER LAND TR

EIN: 522005066 501(c)(3) Environment

Leonardtown, MD

Total Revenue
$222,808
Total Expenses
$97,493
Total Assets
$1,905,190
Net Assets
$849,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MD
Principal Officer
Frank Allen
Phone
3018623421
Tax Period
2025-01-01 to 2025-12-31

PATUXENT TIDEWATER LAND TR, founded in 1996, is a small nonprofit in the Environment sector that reported $223K in total revenue in fiscal year 2025. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $125K, a strong 56% operating margin.

Mission

Patuxent Tidewater Land Trust (PTLT) preserves rural lands for current and future generations through conservation easements and environmental stewardship. Two new easements were established in 2025 protecting 240.58 additional acres of land and bringing our total land protected to 7,115.65 acres. (See Schedule O)

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $71,636
Program Service Revenue $75,017
Investment Income $76,155
Other Revenue $0
TOTAL REVENUE $222,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,725
Fundraising Expenses $0
Program Expenses $88,154
Other Expenses $8,768
TOTAL EXPENSES $97,493

Year-over-Year Comparison

2025 2024 Change
Revenue $222,808 $115,193 +0.9%
Expenses $97,493 $71,469 +0.4%
Net Income $125,315 $43,724 +1.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
40

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
3
$0
Total Directors
8
$0
Key Employees
1
$82,420
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abigail Greenwell Easement Manager 40
Key Emp
$82,420 $0 $82,420
Frank Allen Trustee and President 30
Officer Director
$0 $0 $0
Sarah Houde Trustee and Secretary 5
Officer Director
$0 $0 $0
Ann Barnes Trustee and Treasurer 10
Officer Director
$0 $0 $0
Viv Marek Trustee 2
Director
$0 $0 $0
Karen Abrams Trustee 2
Director
$0 $0 $0
Fabio Galli Trustee 1
Director
$0 $0 $0
Diep Nguyen-van Houtte Trustee 1
Director
$0 $0 $0
Fred Tutman Trustee 1
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 $222,808 $97,493 $1,905,190 $125,315
2024 $115,193 $71,469 $689,095 $43,724
2023 $526,381 $310,771 $2,034,738 $215,610
2023 $1,921,704 $310,772 $2,034,738 $1,610,932
2022 $648,584 $617,427 $419,372 $31,157
2022 $648,584 $617,427 $419,372 $31,157
2021 $516,545 $1,007,490 $433,749 $-490,945
2020 $1,606,603 $978,941 $911,838 $627,662
2019 $393,015 $381,607 $292,891 $11,408
2018 $608,601 $837,610 $271,510 $-229,009
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