INJURED WORKERS BAR ASSOCIATION 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

1997

Legal Domicile

Principal Officer

AARON SANDERS

Phone

5186945358

Tax Period

2023-01-01 to 2023-12-31

INJURED WORKERS BAR ASSOCIATION INC, founded in 1997, is a small nonprofit that reported $240K in total revenue in fiscal year 2023. The organization ran a surplus of $41K, a strong 17% operating margin.

Mission

TO PROVIDE EDUCATIONAL SERVICES TO MEMBERS.

Program Service Accomplishments

Program 1

PROVIDED A FORUM FOR MEMBERS TO ADVANCE THEIR KNOWLEDGE OF THE LAW AND ISSUES RELATED TO THE REPRESENTATION OF INJURED WORKERS. PERFORMED LEGISLATIVE AND LEGAL RESEARCH AND ADVISEMENT TO THE WORKERS'...

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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 $295

Program Service Revenue $240,063

Investment Income $0

Other Revenue $0

TOTAL REVENUE $240,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $199,542

TOTAL EXPENSES $199,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,358	$229,701	+0.0%
Expenses	$199,542	$270,341	-0.3%
Net Income	$40,816	$-40,640	-2.0%

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

N/A

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
WILLIAM KISTNER	Director	6.50	Director	$0	$0	$0
DAVID FOODEN	Director	1.00	Director	$0	$0	$0
JUSTIN TEFF	PAST PRESIDENT	1.00	Director	$0	$0	$0
WILLIAM TURLEY	PAST PRESIDENT	1.00	Director	$0	$0	$0
LAURA HUFFMAN	Director	1.00	Director	$0	$0	$0
LOU DAUERER	Director	1.00	Director	$0	$0	$0
GREG CONNORS	Director	1.00	Director	$0	$0	$0
PETER JOHN DIMARINIS	1ST VICE PRES	1.00	Officer Director	$0	$0	$0
SCOTT CLIPPINGER	Director	1.00	Director	$0	$0	$0
HOLLY SCHOENBORN	PAST PRESIDENT	1.00	Director	$0	$0	$0
ALICE CARROTHERS	Director	1.00	Director	$0	$0	$0
BRENDAN QUINN	Director	1.00	Director	$0	$0	$0
ALEX ROSADO	Director	1.00	Director	$0	$0	$0
MATT FUNK	Director	1.00	Director	$0	$0	$0
ROBERT GREY	Director	1.00	Director	$0	$0	$0
DONALD SHOULDICE	Director	1.00	Director	$0	$0	$0
AARON SANDERS	President	1.00	Officer Director	$0	$0	$0
GINA SPADARO	Director	1.00	Director	$0	$0	$0
BRENDAN QUINN	Director	1.00	Director	$0	$0	$0
ERIN MCCABE	PAST PRESIDENT	1.00	Director	$0	$0	$0
DAN ELIAS	Treasurer	1.00	Officer Director	$0	$0	$0
MINDY MCDERMOTT	Director	1.00	Director	$0	$0	$0
MICHAEL CHECHANOVER	Director	1.00	Director	$0	$0	$0
MARY ELLEN O'CONNOR	Director	1.00	Director	$0	$0	$0
MIKE WALKER	Director	1.00	Director	$0	$0	$0
CHRISTOPHER STRINGHAM	Secretary	1.00	Officer Director	$0	$0	$0
KELLY KOSTER	Director	1.00	Director	$0	$0	$0
EMILY JANICZ	Director	1.00	Director	$0	$0	$0
TIMOTHY FINNEGAN	Director	1.00	Director	$0	$0	$0
JOSEPH SENSALE	Director	1.00	Director	$0	$0	$0
MICHAEL GRUBER	Director	1.00	Director	$0	$0	$0
ADAM COHEN	Director	1.00	Director	$0	$0	$0
PAT CONROY	Director	1.00	Director	$0	$0	$0
DAVIN GOLDMAN	Director	1.00	Director	$0	$0	$0
VINCENT ROSSILLO	Director	1.00	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
2024	No data	No data	No data	No data
2023	$240,358	$199,542	$194,700	$40,816
2022	$229,701	$270,341	$153,884	$-40,640
2021	$203,136	$169,354	$194,524	$33,782