FRANKLIN COUNTY COMMUNITY LAND TRUST INC

EIN: 882605254 501(c)(3) Housing & Shelter

Greenfield, MA

Total Revenue
$6,840
Total Expenses
$31,224
Total Assets
$56,484
Net Assets
$56,484
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MA
Principal Officer
Martin Omasta
Phone
9155258907
Tax Period
2025-01-01 to 2025-12-31

FRANKLIN COUNTY COMMUNITY LAND TRUST INC, founded in 2022, is a micro nonprofit in the Housing & Shelter sector that reported $7K in total revenue in fiscal year 2025. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 356% operating deficit.

Mission

To own, lease, rent, manage, sell real property (through acquisition, rehabilitation, new construction, or otherwise) in order to make housing available at the lowest possible cost to low-income persons and families in Franklin County, Massachusetts.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $6,840
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,840

Expense Breakdown

Grants Paid $10,750
Salaries & Benefits $9,243
Fundraising Expenses $5,276
Program Expenses $22,867
Other Expenses $9,981
TOTAL EXPENSES $31,224

Year-over-Year Comparison

2025 2024 Change
Revenue $6,840 $133,349 -0.9%
Expenses $31,224 $53,513 -0.4%
Net Income $-24,384 $79,836 -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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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
12

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Judith Atkins President 0.5
Officer
$0 $0 $0
Martin Omasta Treasurer 5
Officer
$0 $0 $0
David Cohen Clerk 0.5
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 $6,840 $31,224 $56,484 $-24,384
2024 $133,349 $53,513 $80,188 $79,836
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