HENRY COUNTY LAND REUTILIZATION CORPORATION (EIN 822568461) - 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

Diana Wachtman

Phone

4195924876

Tax Period

2025-01-01 to 2025-12-31

HENRY COUNTY LAND REUTILIZATION CORPORATION, founded in 2017, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2025. Revenue surged 331% from the prior year, signaling strong growth momentum.

Mission

The Henry County Land Reutilization Corporation (the "Land Bank") strengthens neighborhoods and preserves property values by strategically returning vacant, abandoned, and tax-delinquent properties to productive use through an open and equitable process.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,109,220

Program Service Revenue $0

Investment Income $757

Other Revenue $0

TOTAL REVENUE $1,109,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,111,106

Other Expenses $1,111,106

TOTAL EXPENSES $1,111,106

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,109,977	$257,815	+3.3%
Expenses	$1,111,106	$274,674	+3.0%
Net Income	$-1,129	$-16,859	-0.9%

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

Governance

Voting Members

Independent Members

N/A

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
Lori Siclair	Municipal Director	0	Director	$0	$0	$0
Doug Prigge	Appointed Director	0	Director	$0	$0	$0
Jeff Brubaker	President	0.25	Officer	$0	$0	$0
Diana Wachtman	Treasurer	1	Officer	$0	$0	$0
Joel Miller	Secretary	0.25	Officer	$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	$1,109,977	$1,111,106	$94,642	$-1,129
2024	$257,815	$274,674	$94,642	$-16,859
2023	$933,964	$936,244	$96,514	$-2,280

HENRY COUNTY LAND REUTILIZATION CORPORATION