AMERICAN LAW AND ECONOMICS ASSOCIATION INC (EIN 223093764) - 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

1991

Legal Domicile

Principal Officer

Karen Crocco

Phone

2034327801

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LAW AND ECONOMICS ASSOCIATION INC, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2024. Net assets of $362K represent 28 months of operating reserves.

Mission

To promote research in the field of law and economics through the Associations annual meeting and its academic journal the American Law and Economics Review.

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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 (2024)

Revenue Breakdown

Contributions & Grants $24,775

Program Service Revenue $123,728

Investment Income $6,953

Other Revenue $0

TOTAL REVENUE $155,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,345

Other Expenses $167,583

TOTAL EXPENSES $167,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,456	$146,626	+0.1%
Expenses	$167,583	$154,382	+0.1%
Net Income	$-12,127	$-7,756	+0.6%

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

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	Role	Reportable Comp	Other Comp	Total
Richard RW Brooks	President 2024-25	Officer	$0	$0	$0
Lee Anne Fennell	Vice President 2024-25	Officer	$0	$0	$0
Dhammika Dharmapala	Secretary-Treasurer 2024-25	Officer	$0	$0	$0
Abhay Aneja	Director	Director	$0	$0	$0
Adam Badawi	Director	Director	$0	$0	$0
Adam Chilton	Director	Director	$0	$0	$0
Elisabeth de Fontenay	Director	Director	$0	$0	$0
Michael D Frakes	Director	Director	$0	$0	$0
Talia Gillis	Director	Director	$0	$0	$0
Colleen Honigsberg	Director	Director	$0	$0	$0
Julian Nyarko	Director	Director	$0	$0	$0
Manisha Padi	Director	Director	$0	$0	$0
Holger Spamann	Director	Director	$0	$0	$0
Kristen Underhill	Director	Director	$0	$0	$0
David Weisbach	Director	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	$155,456	$167,583	$361,622	$-12,127
2023	$146,626	$154,382	$356,848	$-7,756
2022	$140,417	$163,684	$347,833	$-23,267
2021	$117,578	$99,240	$387,681	$18,338
2020	$83,359	$58,939	$354,100	$24,420
2019	$167,434	$148,841	$318,440	$18,593

AMERICAN LAW AND ECONOMICS ASSOCIATION INC