MADELINE ISLAND LAND TRUST INC (EIN 842127796) - 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

DAVID J THOMAS

Phone

7157475261

Tax Period

2023-01-01 to 2023-12-31

MADELINE ISLAND LAND TRUST INC, founded in 2019, is a micro nonprofit in the Environment sector that reported $8K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. Expenses of $7K left a modest 5% surplus.

Mission

OUR MISSION IS TO ACQUIRE LAND ON MADELINE ISLAND (ASHLAND COUNTY, WI) AND HOLD THESE AREAS IN THEIR NATURAL STATE WITHOUT DEVELOPMENT OF ANY KIND IN ORDER TO PROTECT THE BIODIVERSITY AND PRESERVE THE ECOSYSTEM FUNCTIONS NECESSARY TO MAINTAIN A HEALTHY COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,949

Other Expenses $7,104

TOTAL EXPENSES $7,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,500	$3,600	+1.1%
Expenses	$7,104	$3,549	+1.0%
Net Income	$396	$51	+6.8%

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

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
DAVID J THOMAS	PRESIDENT/TR	N/A	Officer Director	$0	$0	$0
PAUL DEMAIN	V.P./SECRETA	N/A	Officer 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
2023	$7,500	$7,104	$1,100,447	$396
2022	$3,600	$3,549	$1,100,051	$51
2021	$550,000	No data	$1,100,000	No data
2020	$550,000	No data	$550,000	No data

MADELINE ISLAND LAND TRUST INC