Memphis, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Memphis Area Legal Services Inc, founded in 1970, is a community nonprofit in the Crime & Legal sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 17% operating deficit.
MALS is a non-profit law firm whose mission is to provide excellence in legal advocacy for those in need.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,219,715 | $4,783,408 | -0.3% |
| Expenses | $3,778,041 | $4,253,348 | -0.1% |
| Net Income | $-558,326 | $530,060 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nicole M Grida | Chief Executive Officer | 60.00 |
Officer
|
$94,405 | $0 | $94,405 |
| Gortria Banks | Chief Operating Officer | 55.00 |
Officer
|
$101,522 | $0 | $101,522 |
| Amber Floyd | President | 8.00 |
Director
|
$0 | $0 | $0 |
| Paul Tuberville | Vice President | 3.00 |
Director
|
$0 | $0 | $0 |
| Fredricka Brown | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Cindy MacAulay | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Leslie Gattas | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Maureen Holland | Board Member | 6.00 |
Director
|
$0 | $0 | $0 |
| Contrina Luckett | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Aurelia McBride | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alexandra Porto | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristine Roberts | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Shelvie Rose | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Andre Wharton | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,219,715 | $3,778,041 | $3,004,735 | $-558,326 |
| 2023 | $4,783,408 | $4,253,348 | $3,665,939 | $530,060 |
| 2022 | $3,723,052 | $3,206,496 | $2,822,363 | $516,556 |
| 2021 | $4,149,468 | $4,276,391 | $1,404,152 | $-126,923 |
| 2020 | $4,787,632 | $4,131,699 | $1,969,638 | $655,933 |
| 2019 | $4,225,568 | $4,556,127 | $1,286,264 | $-330,559 |
| 2018 | $4,508,476 | $4,353,500 | $1,542,989 | $154,976 |
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