SMITH ISLAND LAND TRUST (EIN 561974072) - 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

1996

Legal Domicile

Principal Officer

G CHRIS SHANK

Tax Period

2024-01-01 to 2024-12-31

SMITH ISLAND LAND TRUST, founded in 1996, is a community nonprofit in the Environment sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $240K, a strong 20% operating margin.

Mission

CONSERVE LAND FOR PLANTS AND ANIMALS

🔒

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 $1,176,758

Program Service Revenue $0

Investment Income $4,373

Other Revenue $0

TOTAL REVENUE $1,181,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $940,000

Other Expenses $940,823

TOTAL EXPENSES $940,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,181,131	$1,801,530	-0.3%
Expenses	$940,823	$1,445,973	-0.3%
Net Income	$240,308	$355,557	-0.3%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
G CHRIS SHANK	EXECUTIVE DI	3.00	Officer Director	$0	$0	$0
KATIE CHATAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
SLAUGHTER FITZ-HUGH	TREASURER	1.00	Officer Director	$0	$0	$0
CLAIRE LONEGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
RENEE BREWSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
MELANIE ROBBINS	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
HILARY GERHARDT	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG LARSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIANNA FITZ-HUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN REYNER	BOARD MEMBER	1.00	Director	$0	$0	$0
CRAIG BANDOROFF	BOARD MEMBER	1.00	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
2024	$1,181,131	$940,823	$7,821,515	$240,308
2023	$1,801,530	$1,445,973	$7,583,204	$355,557
2022	$750,044	$602,037	$7,225,741	$148,007
2021	$1,296,584	$1,031,308	$7,077,734	$265,276
2020	$652,500	$520,060	$6,812,458	$132,440
2019	$1,580,600	$1,265,612	$6,680,018	$314,988
2018	$135,480	$41,635	$6,365,030	$93,845

SMITH ISLAND LAND TRUST