Arkansas Trial Lawyers Association

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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

1963

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Arkansas Trial Lawyers Association, founded in 1963, is a small nonprofit that reported $715K in total revenue in fiscal year 2023.

Mission

ATLA serves its membership by providing training through continuing legal education programs and publications in all fields and phases of advocacy.

Program Service Accomplishments

Program 1

Expenses: $70,471 Revenue: $133,417

Provided seminars and other services to the legal community, Quarterly Publication called The Docket is published.

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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 $567,827

Program Service Revenue $142,617

Investment Income $1,111

Other Revenue $3,568

TOTAL REVENUE $715,123

Expense Breakdown

Grants Paid $2,400

Salaries & Benefits $291,353

Fundraising Expenses $0

Program Expenses $70,471

Other Expenses $442,333

TOTAL EXPENSES $760,470

Year-over-Year Comparison

	2023	2022	Change
Revenue	$715,123	N/A	N/A
Expenses	$760,470	N/A	N/A
Net Income	$-45,347	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB SEXTON	CENTRAL DISTRICT	1.00	Director	$0	$0	$0
JEFF PRIEBE	CENTRAL DISTRICT	1.00	Director	$0	$0	$0
HEATHER ZACHARY	CENTRAL DISTRICT	1.00	Director	$0	$0	$0
PAIGE EDGIN	CENTRAL DISTRICT	1.00	Director	$0	$0	$0
ALAN LEVAR	SOUTHERN DISTRICT	1.00	Director	$0	$0	$0
CHAD TRAMMELL	SOUTHERN DISTRICT	1.00	Director	$0	$0	$0
TAYLOR KING	SOUTHERN DISTRICT	1.00	Director	$0	$0	$0
CRAIG FRIEDMAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JIM JACKSON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
BW WALAS	MEMBER AT LARGE	1.00	Director	$0	$0	$0
MATTHEW LINDSAY	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ANDREW V NORWOOD	CENTRAL DISTRICT	1.00	Director	$0	$0	$0
JOHN RAINWATER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
SEAN KEITH	MEMBER AT LARGE	1.00	Director	$0	$0	$0
AUSTIN EASLEY	NORTHEAST DISTRICT	1.00	Director	$0	$0	$0
ALAN LANE	ADVISORY	1.00	Director	$0	$0	$0
JASON HATFIELD	NORTHWEST DISTRICT -	1.00	Director	$0	$0	$0
BOB EDWARDS	ADVISORY	1.00	Director	$0	$0	$0
JOSEPH GATES	SECRETARY-TREASURER	1.00	Director	$0	$0	$0
PAUL BYRD	ADVISORY	1.00	Director	$0	$0	$0
BRETT MCDANIEL	NORTHEAST DISTRICT	1.00	Director	$0	$0	$0
WILLIAM WHITE	NORTHEAST DISTRICT	1.00	Director	$0	$0	$0
SARAH JEWELL	NORTHWEST DISTRICT	1.00	Director	$0	$0	$0
TIM WATSON	NORTHWEST DISTRICT	1.00	Director	$0	$0	$0
RYAN SCOTT	NORTHWEST DISTRICT	1.00	Director	$0	$0	$0
ROB BEARD	PRESIDENT	2.00	Officer Director	$0	$0	$0
JESSE GIBSON	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JUSTIN ZACHARY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JESSICA VIRDEN-MALLETT	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
STEPHANIE MALONE	EXECUTIVE DIRECTOR	40.00	Officer	$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	No data	No data	No data	No data
2024	$715,123	$760,470	$199,383	$-45,347
2023	$734,720	$784,053	$248,740	$-49,333
2022	$693,947	$667,513	$309,362	$26,434
2021	$713,592	$641,457	$285,030	$72,135
2020	$581,670	$613,221	$159,941	$-31,551
2019	$674,480	$707,715	$192,253	$-33,235
2018	$704,724	$749,233	$227,801	$-44,509