AMERICAN TORT REFORM 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

1986

Legal Domicile

Principal Officer

SHERMAN JOYCE

Phone

2026821163

Tax Period

2023-01-01 to 2023-12-31

AMERICAN TORT REFORM ASSOCIATION, founded in 1986, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2023.

Mission

THE AMERICAN TORT REFORM ASSOCIATION (ATRA) IS THE NATION'S FIRST ORGANIZATION EXCLUSIVELY DEDICATED TO REPAIRING OUR CIVIL JUSTICE SYSTEM. ATRA FIGHTS IN CONGRESS, IN STATE LEGISLATURES, AND IN THE COURTS TO CREATE A FAIRER CIVIL JUSTICE SYSTEM FOR ALL. WE IDENTIFY AND CHAMPION ELECTED OFFICIALS AND JUDGES WHO WANT TO FIX THE SYSTEM. OUR MISSION IS TO SEE REAL JUSTICE IN OUR COURTS. IN THE MEDIA, WE SERVIE AS THE NATIONAL VOICE OF THE CIVIL JUSTICE REFORM MOVEMENT. TODAY, AMEICA'S $429 BILLION TORT SYSTEM IS THE MOST EXPENSIVE IN THE INDUSTRIALIZED WORLD. AGGRESSIVE PERSONAL INJURY LAWYERS TARGET CERTAIN PROFESSIONS, INDUSTRIES AND INDIVIDUAL COMPANIES AS PROFIT CENTERS. THEY SYSTEMATICALLY RECRUIT CLIENTS WHO MAY NEVER HAVE SUFFERED A REAL ILLNES OR INJURY AND USE SCARE TACTICS, COMBINED WITH THE PROMISE OF AWARDS, TO BRING THESE PEOPLE INTO MASSIVE CLASS-ACTION LAWSUITS. THEY EFFECTIVELY TAP THE MEDIA TO RALLY SENTIMENT FOR MULTI-MILLION DOLLAR PUNITIVE DAMAGE AWARDS. THIS LEADS MANY COMPANIES TO SETTLE QUESTIONABLE LAWSUITS JUST TO STAY OUT OF COURT. THESE LAWSUITS ARE BAD FOR BUSINESS; THEY ARE ALSO BAD FOR SOCIETY. THEY COMPROMISE ACCESS TO AFFORDABLE HEALTH CARE, PUNISH CONSUMERS BY RAISING THE COST OF GOODS AND SERVICES, CHILL INNOVATION, AND UNDERMINE THE NOTION OF PERSONAL RESPONSIBILITY. THE PERSONAL INJURY LAWYERS WHO BNEFIT FROM THE STATUS QUO USE THEIR FEES TO PERPETUATE THE CYCLE OF LAWSUIT ABUSE. THEY HAVE INVESTED MILLIONS OF DOLLARS INTO THE POLITICAL PROCEESS AND IN MORE LITITGATION THAT ACTS AS A DRAG ON OUR ECONOMY. SOME HAVE COMPARED THE POLITICAL AND JUDICIAL INFLUENCE OF THE PERSONAL INJURY BAR TO A FOURTH BRANCH OF GOVERNMENT. ATRA WORKS TO COUNTER THAT INFLUENCE BY CHALLENGING THIS STATUS QUO AND CONTINUALLY LEADING THE FIGHT FOR COMMONSENSE REFORMS IN THE STATES, CONGRESS AND THE COURT OF PUBLIC OPINION.

Program Service Accomplishments

Program 1

TO ENHANCE THE FAIRNESS, EFFICIENCY, AND PREDICTABILITY OF THE TORT SYSTEM THROUGH PUBLIC EDUCATION AND LEGISLATIVE ENACTMENTS. ATRA ACCOMPLISHES ITS LEGISLATIVE AFENDA BY WORKING WITH STATE TORT...

TO ENHANCE THE FAIRNESS, EFFICIENCY, AND PREDICTABILITY OF THE TORT SYSTEM THROUGH PUBLIC EDUCATION AND LEGISLATIVE ENACTMENTS. ATRA ACCOMPLISHES ITS LEGISLATIVE AFENDA BY WORKING WITH STATE TORT REFORM COALITIONS. IT IS A CLEARING-HOUSE FOR INFORMATION FROM APPROXIMATELY 40 STATE TORT REFORM COALITIONS. EACH FALL, ATRA HOSTS A PLANNING CONFERENCE AT WHICH COALITION LEADERS MEET TO DISCUSS PAST SUCCESSES AND FUTURE STRATEGIES. ATRA ALSO PREPARES EDUCATIONAL MATERIALS WHICH CARRY ITS MESAGE DIRECTLY TO THE PUBIC. ATRA HAS DEVELOPED A COMMUNICATIONS "TOOL KIT" FOR USE BY LOCAL GRASSROOTS COALITIONS INTERESTED IN FIGHTING LAWSUIT ABUSE. EACH JUNE AND DECEMBER, ATRA PUBLISHES "THE TORT REFORM RECORD" TO RECORD THE ACCOMPLISHMENTS OF THE LATEST LEGISLATIVE YEAR. IT INCLUDES A TWO-PAGE, STATE-BY-STATE SUMMARY OF THE ATRA-SUPPORTED REFORMS ENACTED BY THE STATES SINCE 1986.

Program 2

TO SUPPORT ACTIVITIES OF LEGISLATIVE COALITIONS IN EACH STATE BY KEEPING THEIR MEMBERS INFORMED, MOBILIZING THEM FOR ACTION AND KEEPING MEDIA ATTENTION FOCUSED ON THE NEED FOR CIVIL JUSTICE REFORM...

TO SUPPORT ACTIVITIES OF LEGISLATIVE COALITIONS IN EACH STATE BY KEEPING THEIR MEMBERS INFORMED, MOBILIZING THEM FOR ACTION AND KEEPING MEDIA ATTENTION FOCUSED ON THE NEED FOR CIVIL JUSTICE REFORM. ATRA'S WEEKLY "LEGISLATIVE WATCH", AVAILABLE ONLINE, VIA FAX AND E-MAIL, KEEPS MEMBERS ABREAST OF TORT REFORM AT THE STATE AND FEDERAL LEVEL. ATRA'S "REFORMER" NEWSLETTER IS A QUARTERLY UPDATE OF ATRA ACTIVITIES AND CIVIL JUSTICE ISSUES. ATRA HAS ALSO PUBLISHED A COMPREHENSIVE GUIDE TO CIVIL JUSTICE REFORM LAWS IN ALL 50 STATES.

Program 3

TO SERVE AS THE NATION'S VOICE ON LAWSUIT ABUSE AND THE NEED FOR CIVIL JUSTICE REFORM. ATRA'S MEDIA RELATIONS PROGRAM ENSURES THAT THE MEDIA HEARS BOTH SIDES OF THE LEGAL REFORM DEBATE. ATRA...

TO SERVE AS THE NATION'S VOICE ON LAWSUIT ABUSE AND THE NEED FOR CIVIL JUSTICE REFORM. ATRA'S MEDIA RELATIONS PROGRAM ENSURES THAT THE MEDIA HEARS BOTH SIDES OF THE LEGAL REFORM DEBATE. ATRA EDITORIALS HAVE APPEARED IN SUCH NATIONAL NEWSPAPERS AS USA TODAY, AND REGIONAL DAILIES NATIONWIDE. IN ADDITION, ATRA EXPERTS HAVE APPEARED IN NBC NEWS, THE NEW YORK TIMES, THE WALL STREET JOURNAL, THE WASHINGTON POST AND MANY OTHERS. ATRA ALSO PUBLISHES A LEGAL REFORM CHAMPIONS LIST TO RECOGNIZE AND PUBLICIZE THE EFFORTS OF LEGAL REFORMERS THROUGHOUT THE CIVIL JUSTICE COMMUNITY.

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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 $0

Program Service Revenue $4,770,424

Investment Income $2,255

Other Revenue $0

TOTAL REVENUE $4,772,679

Expense Breakdown

Grants Paid $170,000

Salaries & Benefits $1,473,551

Fundraising Expenses $0

Other Expenses $3,534,548

TOTAL EXPENSES $5,178,099

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,772,679	$4,973,260	0.0%
Expenses	$5,178,099	$5,289,360	0.0%
Net Income	$-405,420	$-316,100	+0.3%

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

$609,226

Total Directors