Texans for Lawsuit Reform (EIN 760439129) - 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

1994

Legal Domicile

Principal Officer

E Lee Parsley

Phone

7139639363

Tax Period

2023-01-01 to 2023-12-31

Texans for Lawsuit Reform, founded in 1994, is a community nonprofit in the Crime & Legal sector that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TLR works to shape policy on creating a fair and predictable Texas civil justice system.

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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 $4,493,455

Program Service Revenue $0

Investment Income $-13,754

Other Revenue $0

TOTAL REVENUE $4,479,701

Expense Breakdown

Grants Paid $220,986

Salaries & Benefits $1,942,841

Fundraising Expenses $0

Other Expenses $2,371,718

TOTAL EXPENSES $4,643,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,479,701	$4,039,216	+0.1%
Expenses	$4,643,887	$3,495,494	+0.3%
Net Income	$-164,186	$543,722	-1.3%

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

300

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

$916,663

Total Directors

$916,663

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard W Weekley	Sr. Chairman	30.00	Officer Director	$0	$0	$0
Richard J Trabulsi Jr	Chairman	45.00	Officer Director	$260,500	$0	$287,500
Fred Heldenfels IV	Treasurer	1.00	Officer Director	$0	$0	$0
Hugh Rice Kelly	Sr. General Counsel	1.00	Officer Director	$0	$0	$0
E Lee Parsley	President & General Counsel	40.00	Officer Director	$340,000	$30,853	$370,853
Mary Tipps	Executive Director	40.00	Officer Director	$218,500	$26,310	$258,310
Alan Hassenflu	Director	1.00	Director	$0	$0	$0
Frederick Rowe	Director	1.00	Director	$0	$0	$0
Jeffrey Shellebarger	Director	1.00	Director	$0	$0	$0
Marc Watts	Director	1.00	Director	$0	$0	$0
Michael Weekley	Director	1.00	Director	$0	$0	$0
Denis Calabrese	Chief Strategist	40.00	Highest	$176,000	$26,732	$216,732
Lucy Nashed	Communications Director	40.00	Highest	$142,000	$13,927	$169,927
Amy Befeld	Assistant General Counsel	40.00	Highest	$210,000	$15,135	$225,135

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	$4,479,701	$4,643,887	$8,796,810	$-164,186
2022	$4,039,216	$3,495,494	$8,959,011	$543,722
2021	$3,976,607	$3,963,031	$8,382,168	$13,576
2020	$3,265,025	$2,753,806	$8,339,111	$511,219
2019	$3,550,427	$3,850,818	$7,842,615	$-300,391
2018	$3,349,738	$2,825,313	$8,164,840	$524,425

Texans for Lawsuit Reform