Colorado Lawyer Trust Account Foundation

EIN: 742250921 501(c)(3) Crime & Legal

Denver, CO

Total Revenue
$20,237,016
Total Expenses
$9,939,642
Total Assets
$27,532,558
Net Assets
$20,208,225
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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
1982
Legal Domicile
CO
Principal Officer
Jordan Bates-Rogers
Phone
3038637221
Tax Period
2023-07-01 to 2024-06-30

Colorado Lawyer Trust Account Foundation, founded in 1982, is a mid-sized nonprofit in the Crime & Legal sector that reported $20.2M in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.3M, a strong 51% operating margin.

Mission

Funding of legal services, pro-bono, and legal education projects.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $86,620
Program Service Revenue $19,287,039
Investment Income $863,357
Other Revenue $0
TOTAL REVENUE $20,237,016

Expense Breakdown

Grants Paid $9,684,948
Salaries & Benefits $173,673
Fundraising Expenses $0
Program Expenses $9,684,948
Other Expenses $81,021
TOTAL EXPENSES $9,939,642

Year-over-Year Comparison

2023 2022 Change
Revenue $20,237,016 $11,405,287 +0.8%
Expenses $9,939,642 $6,137,154 +0.6%
Net Income $10,297,374 $5,268,133 +1.0%
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

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Governance

Voting Members
16
Independent Members
16
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
6
$135,113
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David M Johnson President 4.00
Officer Director
$0 $0 $0
Sam Niebrugge Vice President 4.00
Officer Director
$0 $0 $0
Erin M Eiselein Secretary 4.00
Officer Director
$0 $0 $0
Kim Eilber Treasurer 4.00
Officer Director
$0 $0 $0
Angela D Boykins Trustee 1.00
Director
$0 $0 $0
C Adam Foster Trustee 1.00
Director
$0 $0 $0
Chris Nicholl Trustee 1.00
Director
$0 $0 $0
Chuong M Le Trustee 1.00
Director
$0 $0 $0
Clarissa Collier Trustee 1.00
Director
$0 $0 $0
Elizabeth A Och Trustee 1.00
Director
$0 $0 $0
J Steven Patrick Trustee 1.00
Director
$0 $0 $0
Jeffrey M Kane Trustee 1.00
Director
$0 $0 $0
Julie Gifford Trustee 1.00
Director
$0 $0 $0
Matthew R Baca Trustee 1.00
Director
$0 $0 $0
Trung Nguyen Trustee 1.00
Director
$0 $0 $0
William J Martinez Trustee 1.00
Director
$0 $0 $0
Diana Poole Executive Director (Retired 1/31/24) 40.00
Officer
$0 $12,383 $135,113
Jordan Bates-Rogers 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 $20,237,016 $9,939,642 $27,532,558 $10,297,374
2023 $11,405,287 $6,137,154 $15,689,108 $5,268,133
2022 $1,861,960 $2,640,590 $7,198,603 $-778,630
2021 $1,930,661 $2,507,849 $8,235,540 $-577,188
2020 $4,202,896 $4,393,522 $8,413,443 $-190,626
2019 $4,520,205 $3,051,183 $7,770,437 $1,469,022
2018 $1,584,386 $2,141,914 $5,483,029 $-557,528
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