THE NETWORK OF TRIAL LAW FIRMS INC

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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

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.

Program Service Accomplishments

Program 1

Expenses: $2,808,156 Revenue: $2,780,799

THE GOAL OF THE ORGANIZATION IS TO SHARE INFORMATION CONCERNING HIGH QUALITY TRIAL AND LITIGATION REPRESENTATION, INCLUDING ADVANCES IN EDUCATION,TECHNOLOGY, BUSINESS AND SCIENCE.THE ORGANIZATION IS ENGAGED IN A NUMBER OF ACTIVITIES TO ACCOMPLISH THAT GOAL INCLUDING SEMINARS AND MEETINGS-PROVIDE UP TO DATE CONTINUING EDUCATION FOR MEMBER AND NON-MEMBER ATTORNEYS FROM ALL PARTS OF THE COUNTRY,AS WELL AS FOR FREE EXCHANGE OF TECHNICAL AND PROFESSIONAL INFORMATION.LITIGATION MANAGEMENT CLE SEMINARS REACH HUNDREDS OF IN-HOUSE CORPORATE COUNSEL AND ATTORNEYS ANNUALLY.

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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 (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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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

$531,433

Highest Compensated

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