BOSTON FARMS COMMUNITY LAND TRUST INC (EIN 822328676) - 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

2017

Legal Domicile

Principal Officer

JOY GARY

Phone

6178980091

Tax Period

2022-01-01 to 2022-12-31

BOSTON FARMS COMMUNITY LAND TRUST INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $375K in total revenue in fiscal year 2022. Expenses of $419K exceeded revenue, resulting in a 12% operating deficit.

Mission

ENGAGING IN THE ECONOMIC DEVELOPMENT OF URBAN AREAS AND TO CREATE ECONOMIC OPPORTUNITIES FOR UNDERPRIVILEGED, UNDERSERVED,OR LOW INCOME RESIDENTS, THE CORPORATION SHALL ENGAGE IN THE DEVELOPMENT AND STEWARDSHIP OF LAND FOR URBAN FARMING AND AROUND URBAN CENTERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $318,248

Program Service Revenue $0

Investment Income $9,000

Other Revenue $47,704

TOTAL REVENUE $374,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,525

Fundraising Expenses $104,250

Program Expenses $252,986

Other Expenses $150,643

TOTAL EXPENSES $419,168

Year-over-Year Comparison

	2022	2021	Change
Revenue	$374,952	$348,416	+0.1%
Expenses	$419,168	$197,841	+1.1%
Net Income	$-44,216	$150,575	-1.3%

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

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

$89,071

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOY GARY	CLERK	1	Officer	$89,071	$0	$89,071
DAVE MADAN	PRESIDENT	1	Officer Director	$0	$0	$0
LIANA POSTON	VICE PRESIDENT	2	Officer Director	$0	$0	$0
VIDHEE GARG	TREASURER	1	Officer Director	$0	$0	$0
ASHE BROOKS - COOK	DIRECTOR	2	Officer Director	$0	$0	$0
ARVIND P KUMAR	DIRECTOR	1	Director	$0	$0	$0
MYRNA GREENFIELD	DIRECTOR	1	Director	$0	$0	$0
SABRINA PILET-JONES	DIRECTOR	1	Director	$0	$0	$0
MIRIAM GEE	DIRECTOR	1	Director	$0	$0	$0
APOLO CATALA	DIRECTOR	1	Director	$0	$0	$0
CLEON M BYRON	DIRECTOR	1	Director	$0	$0	$0
MEL KING	DIRECTOR	1	Director	$0	$0	$0
GLYNN LLOYD	DIRECTOR	1	Director	$0	$0	$0
NATAKA CRAYTON	DIRECTOR	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
2022	$374,952	$419,168	$236,203	$-44,216
2021	$348,416	$197,841	$228,918	$150,575

BOSTON FARMS COMMUNITY LAND TRUST INC