Lawyers Associated Worldwide

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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

2001

Principal Officer

Leon Loganathan

Phone

3183665720

Tax Period

2024-01-01 to 2024-12-31

Lawyers Associated Worldwide, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

Law is an international association of law firms created to foster referrals through friendship and co-operation.

Program Service Accomplishments

Program 1

Expenses: $671,148

Lawyers associated worldwide (law) is a global association of independent member law firms in approximately 100 major commerical centers throughout the world. Membership in law allows member firms to service the legal needs of clients that are expanding their operations and relationships into domestic and foreign markets because of the increasing globalization of the business world.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,248,954

Investment Income $3,541

Other Revenue $6,201

TOTAL REVENUE $1,258,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $573,867

Fundraising Expenses $0

Program Expenses $671,148

Other Expenses $736,399

TOTAL EXPENSES $1,310,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,258,696	$1,051,223	+0.2%
Expenses	$1,310,266	$960,334	+0.4%
Net Income	$-51,570	$90,889	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lorri Salyards	CEO (Former)	40.00		$151,567	$8,336	$159,903
Celso Boscariol	Vice Chair	5.00	Officer Director	$0	$0	$0
Natalie Tymchuk	Americas Region	0.50	Director	$0	$0	$0
Leon Loganathan	Acting Chair	5.00	Officer Director	$0	$0	$0
Norris Cunningham	Americas Region	0.50	Director	$0	$0	$0
Francisco Fontaine	Americas Region	0.50	Director	$0	$0	$0
Mathilde Croze	EAME Executive	0.50	Director	$0	$0	$0
Andreas von Criegern	Treasurer	0.50	Officer Director	$0	$0	$0
Rolf Hartmann	EAME Executive	0.50	Director	$0	$0	$0
Osamu Inoue	Asia Pacific	0.50	Director	$0	$0	$0
Leonard Yeoh	Asia Pacific	0.50	Director	$0	$0	$0
Ron Xu	Asia Pacific	0.50	Director	$0	$0	$0
Mario Zambrano	Secretary	0.50	Officer 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	$1,258,696	$1,310,266	$664,409	$-51,570
2023	$1,051,223	$960,334	$670,520	$90,889
2022	$1,312,612	$1,279,566	$599,520	$33,046
2021	$765,094	$579,999	$591,923	$185,095
2020	$525,746	$582,168	$449,324	$-56,422
2019	$1,034,561	$1,062,041	$427,779	$-27,480
2018	$875,656	$892,833	$449,174	$-17,177