MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROFESSIONAL LIABILITY ATTORNEY NETWORK, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $764K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.
To promote the interests of the public in receiving competent & efficient legal services by the means set forth below:1. By providing its members & their clients information & training through the use of seminars, newsletters & workshops.2. By the use of technology to enhance the exchange of information & improve the speed, efficiency, & quality of service provided by the members to their clients.3. By creating a forum for the exchange of ideas & information between members & their clients.4. By the creation of databases for sharing of information between the members & between the member & their clients.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $763,643 | $805,381 | -0.1% |
| Expenses | $764,839 | $788,914 | 0.0% |
| Net Income | $-1,196 | $16,467 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL KAUFMAN | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS HEDICAN | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VIJAY MAGO | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN LEVINE | SEC/TREAS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD DUKES | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD REYNOLDS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA LESSELL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| GRACE AUGHEY | Executive Dir. | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $763,643 | $764,839 | $255,492 | $-1,196 |
| 2023 | $805,381 | $788,914 | $236,439 | $16,467 |
| 2022 | $917,652 | $779,379 | $210,512 | $138,273 |
| 2021 | $289,264 | $235,745 | $72,239 | $53,519 |
| 2020 | $258,180 | $268,060 | $18,719 | $-9,880 |
| 2019 | $839,315 | $893,639 | $28,599 | $-54,324 |
| 2018 | $780,800 | $729,609 | $77,365 | $51,191 |
Compare PROFESSIONAL LIABILITY ATTORNEY NETWORK with other nonprofits in Minnesota and across the country.