LAW FIRM ALLIANCEINC

EIN: 272629137 Community Improvement

ATLANTA, GA

Total Revenue
$408,961
Total Expenses
$415,154
Total Assets
$836,687
Net Assets
$834,762
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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
2010
Legal Domicile
DE
Principal Officer
BETH SEABRIGHT
Phone
6782980750
Tax Period
2023-01-01 to 2023-12-31

LAW FIRM ALLIANCEINC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $409K in total revenue in fiscal year 2023. Net assets of $835K represent 24 months of operating reserves.

Mission

THE MEMBERS OF THE ALLIANCE WILL SHARE INFORMATION REGARDING (1) PROVIDING BETTER SERVICES; (2) FIRM GOVERNANCE (INCLUDING IDEAS ON PARTNER COMPENSATION FORMULAS, SALARY RANGES, ASSOCIATE ADVANCEMENT, ETC.); AND (3) MARKETING STRATEGIES.

Program Service Accomplishments

Program 1

PROVIDING MEMBER FIRMS WITH COMPETENT RESOURCES FOR LEGAL KNOWLEDGE OUTSIDE OF THEIR GEOGRAPHIC AREAS OF PRACTICE THROUGH 1) SIMPLE REFERRAL TO ANOTHER MEMBER FIRM, 2) INFORMAL CONSULTATION WITH A...

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PROVIDING MEMBER FIRMS WITH COMPETENT RESOURCES FOR LEGAL KNOWLEDGE OUTSIDE OF THEIR GEOGRAPHIC AREAS OF PRACTICE THROUGH 1) SIMPLE REFERRAL TO ANOTHER MEMBER FIRM, 2) INFORMAL CONSULTATION WITH A LAWYER IN ANOTHER MEMBER FIRM, OR 3) THE ASSOCIATION BY THE CLIENT OF A MEMBER FIRM AS SUPPLEMENTAL OR LOCAL COUNSEL. THE ALLIANCE PROMOTES AND FACILITATES THE FLOW OF EDUCATIONAL INFORMATION BETWEEN MEMBER-FIRMS. FOR EXAMPLE, MEETINGS OF MEMBERS ARE GOVERNED BY SPECIFIC AGENDAS THAT INCLUDE OUTSIDE SPEAKERS, INTERACTIVE DISCUSSIONS REGARDING FIRM MANAGEMENT AND STRUCTURAL ISSUES, AND AN ALLIANCE SPONSORED EMAIL/LISTSERV THAT PROMOTES ONGOING DIALOGUE BETWEEN MEMBERS ON BUSINESS CONDITIONS FACING MID-SIZE FIRMS AND METHODS OF IMPROVING THOSE CONDITIONS. GENERAL MEMBERSHIP MEETINGS OCCUR TWICE EACH YEAR.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $408,961
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $408,961

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,261
Fundraising Expenses $0
Other Expenses $301,893
TOTAL EXPENSES $415,154

Year-over-Year Comparison

2023 2022 Change
Revenue $408,961 $384,000 +0.1%
Expenses $415,154 $380,753 +0.1%
Net Income $-6,193 $3,247 -2.9%
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

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Governance

Voting Members
11
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
1
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHEP DAVIDSON MEMBER N/A
Director
$0 $0 $0
AIMEE DAYHOFF MEMBER N/A
Director
$0 $0 $0
DAWN EYERLY CHAIR-ELECT N/A
Director
$0 $0 $0
LUIS PEREZ GIUSTI MEMBER N/A
Director
$0 $0 $0
DAVID JUDAH MEMBER N/A
Director
$0 $0 $0
LOREN MALLET MEMBER N/A
Director
$0 $0 $0
ANDREA MYERS SECRETARY N/A
Director
$0 $0 $0
JUAN CARLOS PARTIDA MEMBER N/A
Director
$0 $0 $0
JIM ZOCCOLA CHAIR N/A
Director
$0 $0 $0
BETH SEABRIGHT EXECUTIVE DI N/A
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
2024 No data No data No data No data
2023 $408,961 $415,154 $836,687 $-6,193
2022 $384,000 $380,753 $840,954 $3,247
2021 $358,048 $185,355 $837,708 $172,693
2020 $350,432 $194,187 $671,515 $156,245
2019 $330,667 $291,890 $515,270 $38,777
2018 $364,000 $351,880 $476,493 $12,120
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