SOMERVILLE COMMUNITY LAND TRUST INC (EIN 834461699) - 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

2019

Legal Domicile

Principal Officer

ELIZABETH HANEY

Phone

8577565104

Tax Period

2024-01-01 to 2024-12-31

SOMERVILLE COMMUNITY LAND TRUST INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $541K in total revenue in fiscal year 2024. Revenue surged 845% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 33% operating margin.

Mission

SCLT PROMOTES NEIGHBORHOOD STABILITY AND ENGAGEMENT THROUGH CREATION PRESERVATION OF PERMANENTLY AFFORDABLE HOUSING TO LOWINCOME RESIDENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $420,744

Program Service Revenue $119,599

Investment Income $0

Other Revenue $500

TOTAL REVENUE $540,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,141

Fundraising Expenses $16,505

Other Expenses $207,688

TOTAL EXPENSES $359,829

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,843	$57,238	+8.4%
Expenses	$359,829	$217,626	+0.7%
Net Income	$181,014	$-160,388	-2.1%

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

Total Directors

Key Employees

$93,727

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN BALDWIN	EXECUTIVE DIRECTOR	40.00	Key Emp	$93,727	$0	$93,727
KELLY BAKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
PETE MAJANE	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL GINTZ	CLERK	1.00	Officer Director	$0	$0	$0
BEN EWEN-CAMPEN	DIRECTOR	1.00	Director	$0	$0	$0
BAODAN GUO	DIRECTOR	1.00	Director	$0	$0	$0
TARA COSTINER	DIRECTOR	1.00	Director	$0	$0	$0
BILL SHELTON	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HANEY	DIRECTOR	1.00	Director	$0	$0	$0
JHENNY SAINT-SURIN	DIRECTOR	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	$540,843	$359,829	$3,789,869	$181,014
2023	$57,238	$217,626	$1,084,923	$-160,388
2022	$270,297	$286,963	$3,840,613	$-16,666

SOMERVILLE COMMUNITY LAND TRUST INC