NATIONAL ASSOCIATION OF MINORITY AND WOMEN OWNED LAW FIRMS INC (EIN 392034839) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

LESLIE DAVIS

Phone

3127337780

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF MINORITY AND WOMEN OWNED LAW FIRMS INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 9% surplus.

Mission

TO ADVOCATE FOR THE UTILIZATION OF MINORITY AND WOMEN OWNED LAW FIRMS BY MAJOR BUSINESSES AND ORGANIZATIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,500

Program Service Revenue $2,036,314

Investment Income $661

Other Revenue $0

TOTAL REVENUE $2,058,475

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $1,097,214

Fundraising Expenses $0

Other Expenses $1,102,676

TOTAL EXPENSES $2,229,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,058,475	$2,159,526	0.0%
Expenses	$2,229,890	$2,134,721	+0.0%
Net Income	$-171,415	$24,805	-7.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$463,099

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE RUDMAN	CHAIR	1.00	Officer Director	$0	$0	$0
STEVE BAKER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NELSON BELLIDO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EILEEN LETTS	TREASURER	1.00	Officer Director	$0	$0	$0
VALERIE MATHERNE	SECRETARY	1.00	Officer Director	$0	$0	$0
AMANDA ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
SETH BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA BUESCHEL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DANFORTH	DIRECTOR (TERMED 9/10/23)	1.00	Director	$0	$0	$0
PAUL GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
JERRY HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
FRED HASANI	DIRECTOR	1.00	Director	$0	$0	$0
KERRIE HESLIN	DIRECTOR	1.00	Director	$0	$0	$0
KEN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SONJUI KUMAR	DIRECTOR	1.00	Director	$0	$0	$0
CHAD LANG	DIRECTOR	1.00	Director	$0	$0	$0
TINA LOZA	DIRECTOR	1.00	Director	$0	$0	$0
THEOS MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
SHERYL AXELROD	DIRECTOR	1.00	Director	$0	$0	$0
GOPAL BURGHER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MURDOCK	CHAIR EMERITUS (NON-VOTING)	1.00	Director	$0	$0	$0
STACY FODE	GENERAL COUNSEL (NON-VOTING)	1.00	Director	$0	$0	$0
LESLIE DAVIS	CEO	40.00	Officer	$440,770	$22,329	$463,099
CLAIRE GROSSMAN	DIRECTOR OF DEVELOPMENT	40.00	Highest	$115,070	$14,598	$129,668
JANE KALATA	VICE PRESIDENT - STRATEGY,	40.00	Highest	$153,004	$19,596	$172,600

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	$2,058,475	$2,229,890	$1,944,309	$-171,415
2022	$2,159,526	$2,134,721	$2,066,236	$24,805
2021	$1,751,014	$1,391,305	$1,949,781	$359,709
2020	$1,854,658	$1,439,841	$1,783,077	$414,817
2019	$1,946,691	$1,817,371	$1,444,275	$129,320
2018	$1,871,692	$1,710,047	$1,267,734	$161,645

NATIONAL ASSOCIATION OF MINORITY AND WOMEN OWNED LAW FIRMS INC