EQUAL ACCESS LEGAL SERVICES INC

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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

Principal Officer

MARY CHICORELLI

Phone

2678886703

Tax Period

2024-01-01 to 2024-12-31

EQUAL ACCESS LEGAL SERVICES INC, founded in 2016, is a small nonprofit in the Crime & Legal sector that reported $353K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $310K left a modest 12% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO BRIDGE THE GAP FOR THOSE INDIVIDUALS AND FAMILIES THAT FALL OUTSIDE THE TRADITIONAL ACCESSES TO LEGAL SERVICES: FREE LEGAL SERVICES OR ATTORNEY FEES AT MARKET VALUE.

Program Service Accomplishments

Program 1

Expenses: $310,456 Revenue: $341,196

THE ORGANIZATION'S MISSION IS TO BRIDGE THE GAP FOR THOSE INDIVIDUALS AND FAMILIES THAT FALL OUTSIDE THE TRADITIONAL ACCESSES TO LEGAL SERVICES: FREE LEGAL SERVICES OR ATTORNEY FEES AT MARKET VALUE.

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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 $12,213

Program Service Revenue $341,196

Investment Income $0

Other Revenue $0

TOTAL REVENUE $353,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,117

Fundraising Expenses $0

Program Expenses $310,456

Other Expenses $154,848

TOTAL EXPENSES $310,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,409	$262,984	+0.3%
Expenses	$310,456	$267,100	+0.2%
Net Income	$42,953	$-4,116	-11.4%

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

N/A

Independent Members

N/A

Employees

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

Total Directors

$90,975

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY CHICORELLI	EXECUTIVE DIRECTOR	60.00	Director	$90,975	$0	$90,975

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	$353,409	$310,456	$100,247	$42,953
2023	$262,984	$267,100	$57,060	$-4,116
2022	$212,919	$207,807	$69,411	$5,112