VOLUNTEER LAWYERS NETWORK LTD (EIN 410988459) - 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

1966

Legal Domicile

Principal Officer

THOMAS WALSH

Phone

6127526655

Tax Period

2024-07-01 to 2025-06-30

VOLUNTEER LAWYERS NETWORK LTD, founded in 1966, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.6M left a modest 6% surplus.

Mission

PROVIDE LEGAL SERVICES TO LOW-INCOME PEOPLE PRIMARILY IN HENNEPIN COUNTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,703,643

Program Service Revenue $0

Investment Income $2,491

Other Revenue $9,368

TOTAL REVENUE $2,715,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,186,203

Fundraising Expenses $157,511

Program Expenses $2,048,991

Other Expenses $372,535

TOTAL EXPENSES $2,558,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,715,502	$2,323,087	+0.2%
Expenses	$2,558,738	$2,301,627	+0.1%
Net Income	$156,764	$21,460	+6.3%

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

Volunteers

509

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

$117,165

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS WALSH	EXECUTIVE DIRECTOR	40.00	Officer	$107,502	$9,663	$117,165
JADE JOHNSON	CHAIR	1.00	Officer Director	$0	$0	$0
MARDELL PRESLER	VICE-CHAIR/TREASURER	1.00	Officer Director	$0	$0	$0
PAUL FLING	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE HAALAND	PAST CHAIR	1.00	Officer Director	$0	$0	$0
MATT BAZZANO	DIRECTOR	1.00	Director	$0	$0	$0
JON BYE	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA DECKER BARNHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
MARK CARTER	DIRECTOR	1.00	Director	$0	$0	$0
PETER GOSS	DIRECTOR	1.00	Director	$0	$0	$0
BEN GISSELMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN HOKANS	DIRECTOR	1.00	Director	$0	$0	$0
JOY ROEPELLE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SKOGLUND	DIRECTOR	1.00	Director	$0	$0	$0
MIKE STINSON	DIRECTOR	1.00	Director	$0	$0	$0
KARL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ASHLIE KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
ESTHER AGBAJE	DIRECTOR	1.00	Director	$0	$0	$0
DAN DVORAK	DIRECTOR	1.00	Director	$0	$0	$0
AUTUMN GEAR	DIRECTOR	1.00	Director	$0	$0	$0
ALLYSON KERR	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN KITCHEN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS POWELL	DIRECTOR	1.00	Director	$0	$0	$0
JULIAN ZEBOT	DIRECTOR	1.00	Director	$0	$0	$0
PETER STITELER	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA KRUSE	DIRECTOR	1.00	Director	$0	$0	$0
WENDY WILSON LEGGE	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN SORRELL	DIRECTOR	1.00	Director	$0	$0	$0
HON KRISTIEN BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA HEGARTY	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS RYAN	DIRECTOR	1.00	Director	$0	$0	$0
HONCHRISTIAN SANDE	DIRECTOR	1.00	Director	$0	$0	$0
KIRI SOMERMEYER	DIRECTOR	1.00	Director	$0	$0	$0
TOM TINKHAM	DIRECTOR	1.00	Director	$0	$0	$0
KAREN YASHAR	DIRECTOR	1.00	Director	$0	$0	$0
NICK RYAN	DIRECTOR	1.00	Director	$0	$0	$0
RAOUL SHAH	DIRECTOR	1.00	Director	$0	$0	$0

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	$2,715,502	$2,558,738	$1,381,111	$156,764
2024	$2,323,087	$2,301,627	$1,164,490	$21,460
2023	$1,681,725	$1,780,652	$1,243,187	$-98,927
2022	$1,621,873	$1,544,255	$1,158,664	$77,618
2021	$1,474,572	$1,494,773	$1,321,650	$-20,201
2020	$1,414,135	$1,396,969	$1,318,109	$17,166
2019	$1,388,245	$1,303,856	$1,071,340	$84,389

VOLUNTEER LAWYERS NETWORK LTD