NATIONAL BLACK LAW STUDENTS ASSOCIATION (EIN 237627201) - 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

1986

Legal Domicile

Principal Officer

MONROE T CLAYTON

Phone

9404441034

Tax Period

2024-04-01 to 2025-03-31

NATIONAL BLACK LAW STUDENTS ASSOCIATION, founded in 1986, is a small nonprofit that reported $969K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $487K, a strong 50% operating margin.

Mission

TO ARTICULATE AND PROMOTE THE NEEDS AND GOALS OF BLACK LAW STUDENTS AND EFFECTUATE CHANGE IN THE LEGAL COMMUNITY. THE ORGANIZATION ALSO ENCOURAGES THE DEVELOPMENT OF TALENTED, SOCIAL CONSCIOUS LAWYERS OF TOMORROW.

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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 $969,015

Program Service Revenue $0

Investment Income $21

Other Revenue $0

TOTAL REVENUE $969,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $460,708

Other Expenses $481,858

TOTAL EXPENSES $481,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$969,036	$1,288,235	-0.2%
Expenses	$481,858	$896,938	-0.5%
Net Income	$487,178	$391,297	+0.2%

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

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
SARAH SCOTT	NATIONAL SECRETARY	010.00	Officer	$0	$0	$0
ADAM FANE	NATIONAL TREASURER	010.00	Officer	$0	$0	$0
JARRIUS ADAMS	NATIONAL CHAIR	010.00	Officer	$0	$0	$0
JASMINE MARCHBANKS OWENS	NATIONAL VICE CHAIR	010.00	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	$969,036	$481,858	$731,656	$487,178
2024	$1,288,235	$896,938	$855,518	$391,297
2023	$1,099,091	$445,473	$729,394	$653,618
2022	$707,636	$697,190	$466,643	$10,446
2021	$407,916	$135,918	$474,736	$271,998
2020	$705,486	$808,684	$329,950	$-103,198
2019	$646,800	$639,915	$293,626	$6,885
2018	$747,623	$563,380	$178,547	$184,243

NATIONAL BLACK LAW STUDENTS ASSOCIATION