BROOME COUNTY LAND BANK CORPORATION (EIN 901002318) - 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

2013

Legal Domicile

Principal Officer

JESSICA HAAS

Phone

6077786001

Tax Period

2022-01-01 to 2022-12-31

BROOME COUNTY LAND BANK CORPORATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $230K in total revenue in fiscal year 2022. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 86% operating margin.

Mission

THE MISSION OF THE ENTITY IS TO FOSTER ECONOMIC AND COMMUNITY DEVELOPMENT BY ACQUIRING, HOLDING, MANAGING, DEVELOPING AND MARKETING DISTRESSED, VACANT, ABANDONED AND UNDER-UTILIZED PROPERTIES.

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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 $443,815

Program Service Revenue $0

Investment Income $-213,837

Other Revenue $11

TOTAL REVENUE $229,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,443

Other Expenses $32,932

TOTAL EXPENSES $32,932

Year-over-Year Comparison

	2022	2021	Change
Revenue	$229,989	$104,001	+1.2%
Expenses	$32,932	$9,562	+2.4%
Net Income	$197,057	$94,439	+1.1%

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

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
AARON MARTIN	CHAIRMAN	3.00	Officer Director	$0	$0	$0
TOM AUGOSTINI	VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
CHRISTOPHER DZIEDZIC	SECRETARY	3.00	Officer Director	$0	$0	$0
MIKE SOPCHAK	TREASURER	3.00	Officer Director	$0	$0	$0
CHRISTINE MARCHUSKA	BOARD MEMBER	3.00	Director	$0	$0	$0
TARIK ABDELAZIM	BOARD MEMBER	3.00	Director	$0	$0	$0
MIKE DECKER	BOARD MEMBER	3.00	Director	$0	$0	$0
KYLE DAVIS	BOARD MEMBER	3.00	Director	$0	$0	$0
RICH DAVID	BOARD MEMBER	3.00	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
2022	$229,989	$32,932	$2,138,573	$197,057
2021	$104,001	$9,562	$1,084,173	$94,439
2020	$342,923	$45,224	$964,758	$297,699
2019	$203,076	$106,584	$607,497	$96,492
2018	$429,793	$267,905	$639,469	$161,888

BROOME COUNTY LAND BANK CORPORATION