THE TOLEDO LEGAL AID SOCIETY (EIN 344438311) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

MICHAEL S MCNULTY

Phone

4192448351

Tax Period

2023-01-01 to 2023-12-31

THE TOLEDO LEGAL AID SOCIETY, founded in 1950, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Expenses of $3.8M left a modest 6% surplus.

Mission

TO PROVIDE LEGAL ASSISTANCE TO PERSONS WHO ARE FINANCIALLY UNABLE TO AFFORD

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,982,979

Program Service Revenue $0

Investment Income $13,462

Other Revenue $0

TOTAL REVENUE $3,996,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,528,554

Fundraising Expenses $0

Program Expenses $3,511,810

Other Expenses $246,652

TOTAL EXPENSES $3,775,206

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,996,441	$3,743,100	+0.1%
Expenses	$3,775,206	$3,280,271	+0.2%
Net Income	$221,235	$462,829	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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

$154,282

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN RIFE	PRESIENT	0.10	Officer Director	$0	$0	$0
MAGGIE HUMPHREY	SECRETARY	0.10	Officer Director	$0	$0	$0
DAVID COYLE	TRUSTEE	0.10	Director	$0	$0	$0
KAREN DAVIS	TRUSTEE	0.10	Director	$0	$0	$0
PAM HERSCHEL	TRUSTEE	0.10	Director	$0	$0	$0
LOUISE A JACKSON	TRUSTEE	0.10	Director	$0	$0	$0
WILLIE KNIGHTEN	TRUSTEE	0.10	Director	$0	$0	$0
MIKE MIKKONEN	TRUSTEE	0.10	Director	$0	$0	$0
SAID ORRA	TRUSTEE	0.10	Director	$0	$0	$0
ROB SALEM	TRUSTEE	0.10	Director	$0	$0	$0
SARAH SKOW	TRUSTEE	0.10	Director	$0	$0	$0
BARBARA STUTZ	TRUSTEE	0.10	Director	$0	$0	$0
RONNIE WINGATE	TRUSTEE	0.10	Director	$0	$0	$0
MICHAEL S MCNULTY	EXECUTIVE DIRECTOR	40.00	Officer	$152,797	$1,485	$154,282

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	$3,996,441	$3,775,206	$2,273,352	$221,235
2022	$3,743,100	$3,280,271	$2,049,003	$462,829
2021	$3,256,877	$3,109,244	$1,594,421	$147,633
2020	$2,944,560	$2,634,100	$1,423,893	$310,460
2019	$2,407,403	$2,347,248	$1,157,592	$60,155
2018	$2,366,423	$2,139,424	$1,080,991	$226,999

THE TOLEDO LEGAL AID SOCIETY