BLOOMINGTON, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INSTITUTE FOR THE FUTURE OF LAW PRACTICE INC, founded in 2018, is a small nonprofit that reported $340K in total revenue in fiscal year 2020. Revenue surged 29% from the prior year, signaling strong growth momentum.
The Institute is organized and operated exclusively to educate law students and mid-career professionals on advanced and emerging methods of law practice, often with an emphasis on data, process, and technology including through the facilitation of internships and field placement of law students with participating legal employers who want a workforce with advance training not currently offered in law schools.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $339,532 | $262,564 | +0.3% |
| Expenses | $356,785 | $252,487 | +0.4% |
| Net Income | $-17,253 | $10,077 | -2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Daniel Linna | Secretary | 1 |
Officer
Director
|
$40,000 | $0 | $40,000 |
| William Mooz | President | 1 |
Officer
Director
|
$26,800 | $0 | $26,800 |
| Kevin Colangelo | Executive Director | 40 |
Officer
Director
|
$25,000 | $0 | $25,000 |
| Monica Goyal | Board Member | 1 |
Director
|
$10,100 | $0 | $10,100 |
| William Henderson | Treasurer & Director of Development | 5 |
Officer
Director
|
$6,800 | $0 | $6,800 |
| David Cambria | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jayne Reardon | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| John Pierre | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jorge Alvarez | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kathryn DeBord | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Matthew Todd | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Ralph Baxter | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Steven Harmon | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Timothy Mohan | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Trezell Ragas | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Victoria Watkins | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Vince Cordo | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Wendy Bernero | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $339,532 | $356,785 | $41,646 | $-17,253 |
| 2020 | $262,564 | $252,487 | $43,218 | $10,077 |
| 2019 | $243,731 | $304,355 | $25,980 | $-60,624 |
Compare INSTITUTE FOR THE FUTURE OF LAW PRACTICE INC with other nonprofits in Indiana and across the country.