DALLAS ASSOCIATION OF YOUNG LAWYERS

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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

1979

Legal Domicile

Principal Officer

Nicole M Huschka

Phone

2142207420

Tax Period

2023-01-01 to 2023-12-31

DALLAS ASSOCIATION OF YOUNG LAWYERS, founded in 1979, is a small nonprofit that reported $248K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR YOUNG LAWYERS AND TO SERVE THE DALLAS COMMUNITY THROUGH PUBLIC SERVICE PROJECTS

Program Service Accomplishments

Program 1

Expenses: $81,712 Revenue: $82,040

CONTINUING EDUCATION - PROVIDED EDUCATIONAL AND INFORMATIVE SEMINARS FOR APPROXIMATELY 3,000 MEMBERS AS WELL AS ANYONE ELSE WHO IS INTERESTED IN ATTENDING. LEADERSHIP DEVELOPMENT PROGRAM.

Program 2

Expenses: $12,660 Revenue: $13,350

SOCIAL AND ATHLETIC - PROVIDING SOCIAL EVENTS FOR OUR APPROXIMATELY 3,000 MEMBERS AS WELL AS ATHLETIC LEAGUES TO PROMOTE CAMARADERIE AND GENERATE INTEREST AND PARTICIPATION IN THE ORGANIZATION AND...

SOCIAL AND ATHLETIC - PROVIDING SOCIAL EVENTS FOR OUR APPROXIMATELY 3,000 MEMBERS AS WELL AS ATHLETIC LEAGUES TO PROMOTE CAMARADERIE AND GENERATE INTEREST AND PARTICIPATION IN THE ORGANIZATION AND ITS PROGRAMS. AND INCLUDES SOLICITING NEW MEMBERS TO CARRY OUT PROGRAMS

Program 3

Expenses: $470

PUBLIC SERVICES - PROVIDING EDUCATIONAL, INFORMATION, AND ASSISTANCE TO THE PUBLIC. THE PUBLIC NATURE OF MANY OF OUR PROGRAMS MAKES IT VIRTUALLY IMPOSSIBLE TO CALCULATE THE NUMBER OF PEOPLE WHO...

PUBLIC SERVICES - PROVIDING EDUCATIONAL, INFORMATION, AND ASSISTANCE TO THE PUBLIC. THE PUBLIC NATURE OF MANY OF OUR PROGRAMS MAKES IT VIRTUALLY IMPOSSIBLE TO CALCULATE THE NUMBER OF PEOPLE WHO BENEFITED.

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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 $116,975

Program Service Revenue $114,365

Investment Income $13,002

Other Revenue $3,547

TOTAL REVENUE $247,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,385

Fundraising Expenses $0

Program Expenses $94,842

Other Expenses $112,097

TOTAL EXPENSES $240,482

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,889	$219,176	+0.1%
Expenses	$240,482	$194,512	+0.2%
Net Income	$7,407	$24,664	-0.7%

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

350

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

$154,378

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cherie Harris	Executive Director	35.00	Officer	$0	$63,023	$154,378
Nicole Munoz Huschka	President	1.00	Officer Director	$0	$0	$0
Haleigh Jones	President-Elect	1.00	Officer Director	$0	$0	$0
Elizabeth BB Sanford	Vice President	1.00	Officer Director	$0	$0	$0
Stephen J Huschka	Treasurer	1.00	Officer Director	$0	$0	$0
Alexis Swanzy	Secretary	1.00	Director	$0	$0	$0
Haley Ablon	Director	1.00	Director	$0	$0	$0
Alex Clark	Director	1.00	Director	$0	$0	$0
Gracen Daniel	Director	1.00	Director	$0	$0	$0
Helen Emerson	Director	1.00	Director	$0	$0	$0
Cali Franks	Director	1.00	Director	$0	$0	$0
Mitch Garrett	Director	1.00	Director	$0	$0	$0
Semaj Garrett	Director	1.00	Director	$0	$0	$0
Hailey Hughes	Director	1.00	Director	$0	$0	$0
Kathleen Klein	Director	1.00	Director	$0	$0	$0
Jennifer Lamb	Director	1.00	Director	$0	$0	$0
Dwayne I Lewis II	Director	1.00	Director	$0	$0	$0
Adrianne Mandes	Director	1.00	Director	$0	$0	$0
Berenice Medellin Pruettiangkura	Director	1.00	Director	$0	$0	$0
Ha-Vi Nguyen	Director	1.00	Director	$0	$0	$0
Jenny Smiley	Director	1.00	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	$247,889	$240,482	$458,365	$7,407
2022	$219,176	$194,512	$421,066	$24,664
2021	$155,160	$164,324	$475,934	$-9,164
2020	$146,466	$174,107	$447,693	$-27,641