MAINE TRIAL LAWYERS ASSOCIATION

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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

1964

Legal Domicile

Principal Officer

STEVEN A PRINCE

Phone

2076232661

Tax Period

2023-01-01 to 2023-12-31

MAINE TRIAL LAWYERS ASSOCIATION, founded in 1964, is a small nonprofit that reported $174K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

PROMOTE EXCELLENCE IN TRIAL ADVOCACY THROUGH TRAINING AND EDUCATION; PROMOTE CIVILITY AND PROFESSIONALISM IN THE BAR; INFLUENCE AND PROMOTE LEGISLATION CONSISTENT WITH THIS MISSION; SUPPORT AN INDEPENDENT AND IMPARTIAL JUDICIARY; PRESERVE THE RIGHT TO TRIAL BY JURY.

Program Service Accomplishments

Program 1

CONDUCTED LIVE AND ON-LINE CONTINUING EDUCATION PROGRAMS RELATED TO TRIAL ADVOCACY; MAINTAINED AN ON-LINE EXCHANGE OF INSIGHTS AND INFORMATION AMONG MEMBERS; CONDUCTED A COLLEGE OF TRIAL ADVOCACY FOR YOUNG LAWYERS; SERVING A TOTAL OF 678 ATTORNEY ATTENDANCE INSTANCES THROUGHOUT THE YEAR, ON TOPICS RANGING FROM ETHICS, INCLUDING HARASSMENT AND DISCRIMINATION, TO TECHNICAL COURTROOM ADVOCACY PROCEDURES.

Program 2

OPERATED AN ONLINE MESSAGING EXCHANGE TO ENCOURAGE COMMUNCIATION AND SHARING OF EXPERTISE AMONG THE MEMBERS OF THE ASSOCIATION, DELIVERING MORE THAN 13,000 EMAIL MESSAGES THROUGHOUT THE YEAR.

Program 3

OPERATED A LEGISLATIVE COORDINATION PROGRAM THAT EVALUATED THE NOMINATIONS OF APPROXIMATELY 20 JUDICIAL NOMINEES THROUGH MEMBER-WIDE SURVEYS AND LEGISLATIVE MEETINGS, CONDUCTED WEEKLY LEGISLATIVE...

OPERATED A LEGISLATIVE COORDINATION PROGRAM THAT EVALUATED THE NOMINATIONS OF APPROXIMATELY 20 JUDICIAL NOMINEES THROUGH MEMBER-WIDE SURVEYS AND LEGISLATIVE MEETINGS, CONDUCTED WEEKLY LEGISLATIVE COMMITTEE MEETINGS THAT REVIEWED MORE THAN 300 SEPARATE LEGISLATIVE PROPOSALS FOR IMPACT ON THE JUSTICE SYSTEM. THESE EFFORTS INCLUDED THE PREPARATION, REVIEW, AND PRESENTATION OF JUDICIAL TESTIMONY.

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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 $87,638

Program Service Revenue $76,316

Investment Income $14

Other Revenue $10,034

TOTAL REVENUE $174,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,806

Fundraising Expenses $0

Other Expenses $86,094

TOTAL EXPENSES $170,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,002	$134,139	+0.3%
Expenses	$170,900	$161,245	+0.1%
Net Income	$3,102	$-27,106	-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

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

$78,657

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON JABAR	PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA A COHEN LUNN	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
SUSAN FAUNCE	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRISTIANA E MANN	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTIAN LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR ASEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL J WELCH	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL E SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD R REGAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS GARMEY CHARDON	DIRECTOR	1.00	Director	$0	$0	$0
SEBASTIAN OKUN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT F HESS	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT J LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
WALTER F MCKEE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN W KOERTING	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS L DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
VERNE E PARADIE JR	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BIGOS	DIRECTOR	1.00	Director	$0	$0	$0
SANCHITA MUKHERJEE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER LARGAY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES E O'CONNELL III	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER M SEASONWEIN	DIRECTOR	1.00	Director	$0	$0	$0
ELLSWORTH T RUNDLETT III	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KREISLER	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL J STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL G KAGAN	DIRECTOR	1.00	Director	$0	$0	$0
JODI L NOFSINGER	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN R GIDEON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY K FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY M KENLAN	DIRECTOR	1.00	Director	$0	$0	$0
LAURA WHITE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN A PRINCE	EXECUTIVE DIREC	40.00	Officer	$78,657	$0	$78,657

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	$174,002	$170,900	$27,662	$3,102
2022	$134,139	$161,245	$24,519	$-27,106
2021	$168,702	$168,647	$51,625	$55
2020	$183,439	$159,923	$51,570	$23,516
2019	$155,643	$176,852	$28,054	$-21,209
2018	$234,289	$183,151	$49,263	$51,138