MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
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.
HELD FOUR DIFFERENT REGIONAL MEETINGS WHICH INCLUDED A FULL DAY OF EDUCATIONAL SESSIONS THAT OFFERED CONTINUING LEGAL EDUCATION CREDITS & THEN CONCLUDED WITH A NETWORKING EVENT AT THE END OF THE DAY...
HELD FOUR DIFFERENT REGIONAL MEETINGS WHICH INCLUDED A FULL DAY OF EDUCATIONAL SESSIONS THAT OFFERED CONTINUING LEGAL EDUCATION CREDITS & THEN CONCLUDED WITH A NETWORKING EVENT AT THE END OF THE DAY. EACH MEETING HAD BETWEEN 100-200 ATTENDEES.HOSTED WEBINARS THAT WERE PUT ON BY PLAN ATTORNEYS FROM ACROSS THE COUNTRY. THE TOPICS VARIED, OFFERED CLE CREDITS & WERE PRESENTED BY EXPERTS IN THEIR FIELD, THE WEBINARS WERE ALSO ARCHIVED ON THE WEBSITE SO THAT MEMBERS COULD VIEW THEM AFTER THE FACT AS WELL. APPROXIMATELY 50 ATTENDEES EACH WEBINAR.HOSTED VARIOUS SOCIAL NETWORKING EVENTS BY PLAN ATTORNEYS FROM ACCROSS THE COUNTRY TO CONNECT & NETWORK. SOCIAL EVENTS HAD APPROXIMATELY 50-100 ATTENDEES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
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
Sign in to view all financial metrics
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.