Open Law Library (EIN 474796144) - 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

2015

Legal Domicile

Principal Officer

David Greisen

Phone

2023687127

Tax Period

2025-01-01 to 2025-12-31

Open Law Library, founded in 2015, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $406K, a strong 32% operating margin.

Mission

To make all official laws freely and openly accessible to governments and their citizens.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,245,433

Program Service Revenue $17,867

Investment Income $4,764

Other Revenue $0

TOTAL REVENUE $1,268,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $343,007

Fundraising Expenses $0

Program Expenses $861,962

Other Expenses $518,955

TOTAL EXPENSES $861,962

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,268,064	$923,119	+0.4%
Expenses	$861,962	$749,876	+0.1%
Net Income	$406,102	$173,243	+1.3%

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

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

$102,000

Total Directors

$102,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Greisen	CEO	55.00	Officer Director	$102,000	$0	$102,000
Leonard Bell	Secretary	0.50	Director	$0	$0	$0
Vincent Chuang	Director	2.00	Director	$0	$0	$0
Derek Dohler	Treasurer	2.00	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	$1,268,064	$861,962	$672,419	$406,102
2024	$923,119	$749,876	$279,906	$173,243
2023	$807,443	$543,889	$111,776	$263,554
2022	$138,451	$473,307	$33,650	$-334,856
2021	$452,630	$439,482	$187,449	$13,148
2020	$167,204	$481,505	$134,240	$-314,301
2019	$182,657	$456,576	$41,129	$-273,919
2018	$560,668	$558,582	$311,579	$2,086

Open Law Library