Illinois Trial Lawyers Education Fund

EIN: 371064396 501(c)(3)

Springfield, IL

Total Revenue
$191,325
Total Expenses
$426,739
Total Assets
$304,648
Net Assets
$-1,531,496
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
IL
Principal Officer
James Collins
Phone
2177890755
Tax Period
2024-07-01 to 2025-06-30

Illinois Trial Lawyers Education Fund, founded in 1979, is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Expenses of $427K exceeded revenue, resulting in a 123% operating deficit.

Mission

The purposes of the Education Fund are: to advance the science of Jurisprudence; to conduct educational programs, including but not limited to, the sponsoring of seminars and lectures in all areas and phases of trial advocacy; to promote law students' interest in trial advocacy through the sponsorship, together with major law schools, of essay contests open to law students; to cause to be published and distributed, treatises, books and other publications on any or all aforementioned; articles, addresses, reports, subjects related to the aforementioned; to cause to be produced and distributed, films, recording discs, displays, and other audio-visual materials on any or all subjects related to the aforementioned; to engage in any and all lawful activity which may be necessary, useful, suitable, desirable or proper for the furtherance, accomplishment, fostering or attainment of the above purposes.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $165,454
Investment Income $23,221
Other Revenue $2,650
TOTAL REVENUE $191,325

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,272
Fundraising Expenses $0
Program Expenses $426,674
Other Expenses $307,467
TOTAL EXPENSES $426,739

Year-over-Year Comparison

2024 2023 Change
Revenue $191,325 $199,824 0.0%
Expenses $426,739 $360,754 +0.2%
Net Income $-235,414 $-160,930 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
105
Independent Members
105
Employees
N/A
Volunteers
105

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
9
$490,436
Total Directors
105
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katharine C Byrne Immediate Past President 1.00
Officer Director
$0 $0 $0
Sara M Salger President 1.00
Officer Director
$0 $0 $0
Timothy J Cavanaugh President-Elect 1.00
Officer Director
$0 $0 $0
Michael T Mertz 2nd Vice President 1.00
Officer Director
$0 $0 $0
James D Spiros 3rd Vice Presdient 1.00
Officer Director
$0 $0 $0
Sara M Davis Treasurer 1.00
Officer Director
$0 $0 $0
Margaret P Battersby Black Secretary 1.00
Officer Director
$0 $0 $0
Sarah F King Parliamentarian 1.00
Officer Director
$0 $0 $0
Howard H Ankin Director 1.00
Director
$0 $0 $0
David A Axelrod Director 1.00
Director
$0 $0 $0
Brad Badgley Director 1.00
Director
$0 $0 $0
Joseph W Balesteri Director 1.00
Director
$0 $0 $0
Jack M Beam Director 1.00
Director
$0 $0 $0
Gerald Bekkerman Director 1.00
Director
$0 $0 $0
Michael D Block Director 1.00
Director
$0 $0 $0
Michael Bonamarte IV Director 1.00
Director
$0 $0 $0
Tracy A Brammeier Director 1.00
Director
$0 $0 $0
Amanda L Brasfield Director 1.00
Director
$0 $0 $0
Todd A Bresney Director 1.00
Director
$0 $0 $0
David I Cates Director 1.00
Director
$0 $0 $0
Michael P Cogan Director 1.00
Director
$0 $0 $0
Kathryn L Conway Director 1.00
Director
$0 $0 $0
Robert J Cooney Jr Director 1.00
Director
$0 $0 $0
Bradley M Cosgrove Director 1.00
Director
$0 $0 $0
Benjamin A Crane Director 1.00
Director
$0 $0 $0
Robert J Curcio Director 1.00
Director
$0 $0 $0
Kristina D Cooksey Director 1.00
Director
$0 $0 $0
Jaime A Koziol Delaney Director 1.00
Director
$0 $0 $0
Tara R Devine Director 1.00
Director
$0 $0 $0
Lawrence J Disparti Director 1.00
Director
$0 $0 $0
Martin A Dolan Director 1.00
Director
$0 $0 $0
John J Driscoll Director 1.00
Director
$0 $0 $0
Robert R Duncan Director 1.00
Director
$0 $0 $0
Colin H Dunn Director 1.00
Director
$0 $0 $0
Kevin P Durkin Director 1.00
Director
$0 $0 $0
David Figlioll Director 1.00
Director
$0 $0 $0
Jeffrey M Friedman Director 1.00
Director
$0 $0 $0
Matthew M Gannon Director 1.00
Director
$0 $0 $0
William T Gibbs Director 1.00
Director
$0 $0 $0
Patrick J Giese Director 1.00
Director
$0 $0 $0
Beth A Gori Director 1.00
Director
$0 $0 $0
Robert N Goshgarian Director 1.00
Director
$0 $0 $0
Jerffrey A Green Director 1.00
Director
$0 $0 $0
Charles R Haskins Director 1.00
Director
$0 $0 $0
Tor A Hoerman Director 1.00
Director
$0 $0 $0
Sean M Houlihan Director 1.00
Director
$0 $0 $0
David P Huber Director 1.00
Director
$0 $0 $0
Shawn S Kasserman Director 1.00
Director
$0 $0 $0
Michael S Keating Director 1.00
Director
$0 $0 $0
Thomas Q Keefe Jr Director 1.00
Director
$0 $0 $0
Thomas Q Keefe III Director 1.00
Director
$0 $0 $0
Michelle M Kohut Director 1.00
Director
$0 $0 $0
Daniel F Konicek Director 1.00
Director
$0 $0 $0
Daniel M Kotin Director 1.00
Director
$0 $0 $0
Christopher T Layloff Director 1.00
Director
$0 $0 $0
Michael W Lenert Director 1.00
Director
$0 $0 $0
Kenneth T Lumb Director 1.00
Director
$0 $0 $0
Mark R Mckenna Director 1.00
Director
$0 $0 $0
David B Menchetti Director 1.00
Director
$0 $0 $0
Megan Fahey Monty Director 1.00
Director
$0 $0 $0
James J Morici Jr Director 1.00
Director
$0 $0 $0
Nicholas J Motherway Director 1.00
Director
$0 $0 $0
Sean P Murray Director 1.00
Director
$0 $0 $0
Robert J Napleton Director 1.00
Director
$0 $0 $0
Ervin Nevitt Director 1.00
Director
$0 $0 $0
Daniel J Nolan Director 1.00
Director
$0 $0 $0
Giambatitista Patti Director 1.00
Director
$0 $0 $0
Jesse A Placher Director 1.00
Director
$0 $0 $0
Stephen J Phillips Director 1.00
Director
$0 $0 $0
Bradley N Pollock Director 1.00
Director
$0 $0 $0
Michelle D Porro Director 1.00
Director
$0 $0 $0
James Power Director 1.00
Director
$0 $0 $0
John M Power Director 1.00
Director
$0 $0 $0
John W Powers Director 1.00
Director
$0 $0 $0
Richard L Pullano Director 1.00
Director
$0 $0 $0
Terrence M Quinn Director 1.00
Director
$0 $0 $0
Bhavani K Raveendran Director 1.00
Director
$0 $0 $0
Michelle M Rich Director 1.00
Director
$0 $0 $0
Jose M Rivero Director 1.00
Director
$0 $0 $0
Jon E Rosenstengel Director 1.00
Director
$0 $0 $0
Kelly Sabo Gaden Director 1.00
Director
$0 $0 $0
Marisa C Schostok Director 1.00
Director
$0 $0 $0
John D Simmons Director 1.00
Director
$0 $0 $0
Thomas G Siracusa Director 1.00
Director
$0 $0 $0
Frank A Sommario Director 1.00
Director
$0 $0 $0
Michael J Sorich Director 1.00
Director
$0 $0 $0
Miranda Soucie Director 1.00
Director
$0 $0 $0
Beverly P Spearman Director 1.00
Director
$0 $0 $0
Craig J Squillace Director 1.00
Director
$0 $0 $0
Marc A Taxman Director 1.00
Director
$0 $0 $0
Stephen M Tillery Director 1.00
Director
$0 $0 $0
Timothy S Tomasik Director 1.00
Director
$0 $0 $0
Melanie J Vanoverloop Director 1.00
Director
$0 $0 $0
Jerome A Vinkler Director 1.00
Director
$0 $0 $0
Nicholas J Vogelzang Director 1.00
Director
$0 $0 $0
Elise A Waisbren Director 1.00
Director
$0 $0 $0
Troy A Walton Director 1.00
Director
$0 $0 $0
Jill M Webb Director 1.00
Director
$0 $0 $0
Lisa B Weinstein Director 1.00
Director
$0 $0 $0
Matthew L Williams Director 1.00
Director
$0 $0 $0
David C Wise Director 1.00
Director
$0 $0 $0
Samantha S Unsell Director 1.00
Director
$0 $0 $0
Adam J Zayed Director 1.00
Director
$0 $0 $0
James B Zouras Director 1.00
Director
$0 $0 $0
Heidi L Wickstrom Director 1.00
Director
$0 $0 $0
James Collins Executive Director 2.00
Officer
$0 $55,019 $490,436
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 $191,325 $426,739 $304,648 $-235,414
2024 $199,824 $360,754 $265,928 $-160,930
2023 $193,340 $399,727 $222,296 $-206,387
2022 $215,957 $324,287 $231,632 $-108,330
2021 $111,870 $171,569 $274,866 $-59,699
2020 $138,928 $218,898 $186,921 $-79,970
2019 $237,597 $322,849 $176,984 $-85,252
2018 $235,364 $315,874 $156,326 $-80,510
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