THE WEST VIRGINIA LAND TRUST INC

🔒

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

1994

Legal Domicile

Principal Officer

BRENT BAILEY

Phone

3043467788

Tax Period

2024-01-01 to 2024-12-31

THE WEST VIRGINIA LAND TRUST INC, founded in 1994, is a community nonprofit in the Environment sector that reported $3.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $1.8M, a strong 60% operating margin.

Mission

THE WVLT PROTECTS "SPECIAL PLACES" IN WV, WHICH INCLUDE LANDS THAT GIVE WV ITS DISTINCTIVE CHARACTER AND EXHIBIT SIGNIFICANT CONSERVATION VALUES. THOSE VALUES SPAN A RANGE OF PUBLIC BENEFITS, INCLUDING WATER QUALITY PROTECTION, RECREATIONAL OPPORTUNITIES, BIOLOGICAL DIVERSITY, AGRICULTURAL SITES, AND SITES THAT PROTECT CULTURAL AND HISTORICAL RESOURCES. WVLT ALSO OPERATES A SIGNIFICANT OUTREACH PROGRAM THAT ENGAGES THE PUBLIC, AGENCIES, AND ORGANIZATIONS IN RECOGNIZING AND ENJOYING THE BENEFITS OF OUTDOOR SPACES THAT ARE AVAILABLE FOR PUBLIC USE.

Program Service Accomplishments

Program 1

Expenses: $250,768

CONSERVATION OF SPECIAL PLACES: WVLT PROTECTS LAND BY ACQUIRING PROPERTIES IN FEE, THROUGH CONSERVATION EASEMENTS, OR BY FACILITATING ACQUISITIONS (THROUGH NEGOTIATIONS OR VIA LOANS) FOR OTHER...

CONSERVATION OF SPECIAL PLACES: WVLT PROTECTS LAND BY ACQUIRING PROPERTIES IN FEE, THROUGH CONSERVATION EASEMENTS, OR BY FACILITATING ACQUISITIONS (THROUGH NEGOTIATIONS OR VIA LOANS) FOR OTHER ENTITIES, INCLUDING PUBLIC AGENCIES AND OTHER NONPROFIT ORGANIZATIONS. WVLT CONSIDERS OPPORTUNITIES ACCORDING TO ITS CONSERVATION CRITERIA AND AN ASSESSMENT OF PROPERTIES' CONSERVATION VALUES WITH AN EXTENSIVE PROCESS OF DUE DILIGENCE. IT ACQUIRES LANDS IN FEE THROUGH PURCHASE (FOR WHICH IT RAISES FUNDS), BARGAIN SALES, OR DONATIONS. FOR CONSERVATION EASEMENTS, WVLT WORKS WITH VOLUNTARY LANDOWNERS AND EVALUATES PROPERTIES ACCORDING TO ITS INTERNAL CRITERIA AND PURPOSES AS DEFINED BY THE IRS CODE. EASEMENTS MAY BE ACQUIRED THROUGH PURCHASE, BARGAIN SALES, OR DONATIONS.

Program 2

Expenses: $328,890

STEWARDSHIP (PROPERTY AND EASEMENT MAINTENANCE): UPON SECURING A CONSERVATION EASEMENT, THE WVLT INITIATES AN ANNUAL MONITORING PROGRAM TO ENSURE THAT THE COVENANTS IN THE EASEMENT ARE ADHERED TO AND THAT THE CONSERVATION VALUES THAT HAVE BEEN RECOGNIZED ARE PROTECTED IN PERPETUITY. IF THERE ARE VIOLATIONS OF THE EASEMENT, THE WVLT WILL WORK WITH THE OWNER TO DEVELOP AN ACTION PLAN TO MITIGATE ANY DAMAGES AND IF NECESSARY, WILL LEGALLY DEFEND THE EASEMENT IN COURT. WHEN THE LAND TRUST ACQUIRES PROPERTY IN FEE, IT DETERMINES THE APPROPRIATE USES(S) FOR THE LAND AND ELABORATES A MANAGEMENT PLAN THAT SERVES THOSE USES. THOSE USES ARE DEVELOPED WITH MAXIMUM PUBLIC BENEFIT IN MIND. ON A PRESERVE THAT IS TO BE AVAILABLE TO THE PUBLIC, THOSE USES MAY INCLUDE TRAIL NETWORKS, STREAMSIDE PROTECTION, OR INTERACTIVE SERVICES FOR EDUCATIONAL PURPOSES.

Program 3

Expenses: $313,751

PUBLIC EDUCATION: AS THE ONLY STATEWIDE LAND TRUST, THE WVLT WORKS TO EDUCATE LOCAL GROUPS AND COMMUNITIES ABOUT THE VALUE OF LAND CONSERVATION, BOTH FROM AN ENVIRONMENTAL AND LAND USE PERSPECTIVE...

PUBLIC EDUCATION: AS THE ONLY STATEWIDE LAND TRUST, THE WVLT WORKS TO EDUCATE LOCAL GROUPS AND COMMUNITIES ABOUT THE VALUE OF LAND CONSERVATION, BOTH FROM AN ENVIRONMENTAL AND LAND USE PERSPECTIVE. STRATEGIES INCLUDE DEVELOPMENT OF WEB BASED MATERIALS, DISTRIBUTION OF VARIOUS PRINTED MATERIALS, TRAINING AND NETWORKING OPPORTUNITIES, EDUCATIONAL WORKSHOPS, PRESENTATION TO CIVIC ORGANIZATIONS AND ATTENDANCE AT COMMUNITY FORUMS. WVLT ALSO HOSTS (ALONE OR IN PARTNERSHIPS) OUTINGS SUCH AS HIKES, RIVER FLOATS, AND OTHER OUTDOOR ACTIVITIES IN ORDER TO ENCOURAGE THE PUBLIC TO ENJOY THE EXPANDED PORTFOLIO OF CONSERVED LANDS AROUND THE STATE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,669,300

Program Service Revenue $0

Investment Income $410,115

Other Revenue $-6,574

TOTAL REVENUE $3,072,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $874,236

Fundraising Expenses $140,663

Program Expenses $893,409

Other Expenses $357,503

TOTAL EXPENSES $1,231,739

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,072,841	$3,301,054	-0.1%
Expenses	$1,231,739	$1,329,230	-0.1%
Net Income	$1,841,102	$1,971,824	-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

Volunteers

186

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

$126,072

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLIE LOEB	DIRECTOR	1.00	Director	$0	$0	$0
ANDY ALTMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CALVERT ARMBRECHT	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE HALLINAN	DIRECTOR	1.00	Director	$0	$0	$0
TED ARMBRECHT	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CLARK	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
LEWIS PAYNE	DIRECTOR	1.00	Director	$0	$0	$0
NINA PEYTON	DIRECTOR	1.00	Director	$0	$0	$0
BREN POMPONIO	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG SLAUGHTER	DIRECTOR	1.00	Director	$0	$0	$0
GABE RUSHDEN	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
JOY OAKES	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRADLEY SCHMALZER	DIRECTOR	1.00	Director	$0	$0	$0
BRENT BAILEY	EXECUTIVE DIRECTOR	40.00	Officer	$122,400	$3,672	$126,072

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	$3,072,841	$1,231,739	$21,539,019	$1,841,102
2023	No data	No data	No data	No data
2023	$3,301,054	$1,329,230	$18,340,962	$1,971,824
2022	$2,968,364	$1,109,851	$16,109,784	$1,858,513
2021	$1,645,376	$928,394	$14,634,211	$716,982
2020	$3,762,716	$1,399,441	$13,776,169	$2,363,275
2019	$1,460,873	$1,518,857	$11,252,617	$-57,984
2018	$1,018,198	$807,378	$11,336,732	$210,820