INSTITUTE OF LEGAL TRAINING

EIN: 811224590 501(c)(3)

Albuquerque, NM

Total Revenue
$77,377
Total Expenses
$130,240
Total Assets
$437
Net Assets
$-14,336
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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
2016
Legal Domicile
NM
Tax Period
2019-01-01 to 2019-12-31

INSTITUTE OF LEGAL TRAINING, founded in 2016, is a micro nonprofit that reported $77K in total revenue in fiscal year 2019. Expenses of $130K exceeded revenue, resulting in a 68% operating deficit.

Mission

LEGAL EDUCATION AND TRAINING SERVICES

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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 (2019)

Revenue Breakdown

Contributions & Grants $74,250
Program Service Revenue $3,011
Investment Income $116
Other Revenue $0
TOTAL REVENUE $77,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,410
Fundraising Expenses $0
Program Expenses $130,240
Other Expenses $29,830
TOTAL EXPENSES $130,240

Year-over-Year Comparison

2019 2018 Change
Revenue $77,377 $77,376 +0.0%
Expenses $130,240 $193,378 -0.3%
Net Income $-52,863 $-116,002 -0.5%
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
3
Independent Members
3
Employees
3
Volunteers
5

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL CRUZ ESPARZA DIRECTOR 5.00
Officer Director
$0 $0 $0
BERNADETTE E ARAGON FUENTES DIRECTOR 5.00
Director
$0 $0 $0
LAURA HIDALGO CASTILLO DIRECTOR 5.00
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
2019 $77,377 $130,240 $437 $-52,863
2018 $217,473 $193,378 $55,071 $24,095
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