NATIONAL EMPLOYMENT LAW COUNCIL INC CO Vik Jaitly (EIN 582226629) - 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

1996

Legal Domicile

Principal Officer

Vik Jaitly

Phone

2028794643

Tax Period

2023-01-01 to 2023-12-31

NATIONAL EMPLOYMENT LAW COUNCIL INC CO Vik Jaitly, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $440K in total revenue in fiscal year 2023. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 15% operating margin.

Mission

TO ENRICH THE MINORITY BAR THAT REPRESENTS MANAGEMENT IN THE FIELD OF LABOR AND EMPLOYMENT LAW.

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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 $439,990

Investment Income $0

Other Revenue $0

TOTAL REVENUE $439,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,500

Fundraising Expenses $0

Other Expenses $364,279

TOTAL EXPENSES $373,779

Year-over-Year Comparison

	2023	2022	Change
Revenue	$439,990	$183,469	+1.4%
Expenses	$373,779	$102,110	+2.7%
Net Income	$66,211	$81,359	-0.2%

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

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

$9,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NISHAN ARDON	INTERIM DIRECTOR	20.0	Officer	$9,500	$0	$9,500
Stacey A Campbell	Former President	10.0	Director	$0	$0	$0
Richard Amador	President	10.0	Director	$0	$0	$0
Sheldon Snipe	DIRECTOR	5.0	Director	$0	$0	$0
Yvette Gatling	Director	5.0	Director	$0	$0	$0
Vik Jaitly	Treasurer	10.0	Director	$0	$0	$0
Barbara L Johnson	Director	2.0	Director	$0	$0	$0
John Park	Director	2.0	Director	$0	$0	$0
Renee Canody	Director	2.0	Director	$0	$0	$0
Andrez Carberry	Director	2.0	Director	$0	$0	$0
M Carter DeLorme	Director	2.0	Director	$0	$0	$0
Darrell S Gay	Director	2.0	Director	$0	$0	$0
Mia Belk	Director	2.0	Director	$0	$0	$0
Gary T Lafayette	Director	2.0	Director	$0	$0	$0
Carolyn Lam	Director	2.0	Director	$0	$0	$0
Jamala McFadden	Director	2.0	Director	$0	$0	$0
Rita Srivastava	Director	2.0	Director	$0	$0	$0
Travis Sumter	Director	2.0	Director	$0	$0	$0
Gerald L Walden Jr	Vice President	10.0	Director	$0	$0	$0
Samantha Woo	Secretary	10.0	Director	$0	$0	$0
Teleicia Dambreville	Director	2.0	Director	$0	$0	$0
Barbara Dunlap	Director	2.0	Director	$0	$0	$0
Melvin Felton	Director	2.0	Director	$0	$0	$0
Luis Lorenzana	Director	2.0	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
2024	No data	No data	No data	No data
2023	$439,990	$373,779	$400,866	$66,211
2022	$183,469	$102,110	$334,655	$81,359
2021	$188,950	$107,147	$253,296	$81,803
2020	$366,468	$225,025	$171,493	$141,443
2019	$399,742	$414,397	$30,050	$-14,655
2018	$372,387	$357,551	$44,705	$14,836

NATIONAL EMPLOYMENT LAW COUNCIL INC CO Vik Jaitly