THE NETWORK OF TRIAL LAW FIRMS INC

EIN: 133738173

SARASOTA, FL

Total Revenue
$2,780,799
Total Expenses
$2,808,156
Total Assets
$1,601,154
Net Assets
$1,461,701
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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
1993
Legal Domicile
NY
Phone
9143324400
Tax Period
2025-01-01 to 2025-12-31

THE NETWORK OF TRIAL LAW FIRMS INC, founded in 1993, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year.

Mission

TRADE ASSOCIATION FOR TRIAL LAW FIRMS, WHOSE MISSION IS TO IMPROVE & MAINTAIN HIGH QUALITY LEGAL SERVICE TO CLIENTS BY MEMBER LAW FIRMS BY EXCHANGING PRACTICE IDEAS,INFORMATION & EXPERTISE, INCLUDING CONDUCTING CONTINUING LEGAL EDUCATION PROGRAMS & BY UTILIZING ADVANCES IN TECH.

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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 $0
Program Service Revenue $2,747,752
Investment Income $33,047
Other Revenue $0
TOTAL REVENUE $2,780,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $745,554
Fundraising Expenses $0
Program Expenses $2,808,156
Other Expenses $2,062,602
TOTAL EXPENSES $2,808,156

Year-over-Year Comparison

2025 2024 Change
Revenue $2,780,799 $3,022,470 -0.1%
Expenses $2,808,156 $2,802,401 +0.0%
Net Income $-27,357 $220,069 -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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Governance

Voting Members
23
Independent Members
23
Employees
2
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
5
$0
Total Directors
21
$0
Key Employees
2
$531,433
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FELICE C WAGNER EXECDIRAND GENERAL COUNSEL 50.00
Key Emp
$331,683 $0 $331,683
EDWIN M SCHILLAY DIRECTOR OF OPERATIONS 50.00
Key Emp
$199,750 $0 $199,750
STUART MCMILLAN TRUSTEE 0.50
Director
$0 $0 $0
PATRICK SEYFERTH TRUSTEE 0.50
Director
$0 $0 $0
DAVID HARLESS TRUSTEE 0.50
Director
$0 $0 $0
STEVE FOGG TRUSTEE 0.50
Director
$0 $0 $0
BEN CORY TRUSTEE 0.50
Director
$0 $0 $0
KELLY THEARD TRUSTEE 0.50
Director
$0 $0 $0
KATHY EHRHART OFFICER AT LARGE AND TRUSTEE 0.50
Director
$0 $0 $0
ALAN GRIES TREASURER AND TRUSTEE 4.00
Officer Director
$0 $0 $0
NICHOLE NESBITT TRUSTEE 0.50
Director
$0 $0 $0
ROBERT FULTON TRUSTEE 0.50
Director
$0 $0 $0
ROBERT HOOD JR TRUSTEE 0.50
Director
$0 $0 $0
LEE HOLLIS TRUSTEE 0.50
Director
$0 $0 $0
DAVID SUCHAR TRUSTEE 4.00
Director
$0 $0 $0
TONY LATHROP TRUSTEE 0.50
Director
$0 $0 $0
ROGER MCCLEARY TRUSTEE 0.50
Director
$0 $0 $0
DIANE AVERELL TRUSTEE 4.00
Officer Director
$0 $0 $0
LYNDON SOMMER TRUSTEE 0.50
Director
$0 $0 $0
AMY SORENSON TRUSTEE 0.50
Director
$0 $0 $0
ANTHONY ROSPERT CHAIR AND TRUSTEE 4.00
Officer Director
$0 $0 $0
KATIE REILLY SECRETARY 0.50
Officer Director
$0 $0 $0
JAMES CAMPBELL TRUSTEE 0.50
Director
$0 $0 $0
JOSHUA METCALF VICE CHAIR AND TRUSTEE 4.00
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 $2,780,799 $2,808,156 $1,601,154 $-27,357
2024 $3,022,470 $2,802,401 $1,618,995 $220,069
2023 $3,004,551 $2,901,569 $1,517,870 $102,982
2022 $2,344,215 $2,309,805 $1,713,688 $34,410
2021 $1,354,649 $1,289,010 $1,674,779 $65,639
2020 $882,120 $1,068,564 $1,392,706 $-186,444
2019 $2,216,234 $1,884,964 $1,453,321 $331,270
2018 $2,034,654 $1,860,133 $893,556 $174,521
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