INSTITUTE FOR WELL-BEING IN LAW (EIN 854391713) - 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

2020

Legal Domicile

Principal Officer

DENISE GASKIN

Phone

2405589120

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR WELL-BEING IN LAW, founded in 2020, is a small nonprofit in the Human Services sector that reported $373K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $358K left a modest 4% surplus.

Mission

TO TRANSFORM THE LEGAL PROFESSION'S APPROACH TO WELL-BEING.

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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 $246,317

Program Service Revenue $107,214

Investment Income $0

Other Revenue $19,903

TOTAL REVENUE $373,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $30,640

Program Expenses $215,644

Other Expenses $356,630

TOTAL EXPENSES $358,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,434	$255,845	+0.5%
Expenses	$358,470	$272,564	+0.3%
Net Income	$14,964	$-16,719	-1.9%

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

N/A

Volunteers

250

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
DENISE GASKIN	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
HEIDI ALEXANDER	PRESIDENT	10.00	Officer Director	$0	$0	$0
DANIELLE HALL	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
CHRIS NEWBOLD	IMMEDIATE PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
ANNE BRAFFORD	VP OF PROGRAMMING	2.00	Director	$0	$0	$0
ROBIN WOLPERT	TREASURER	4.00	Officer Director	$0	$0	$0
MICHAEL ELLENHORN	VP OF FINDING	2.00	Director	$0	$0	$0
MATTHEW THIESE	VP OF RESEARCH & SCHOLARSH	2.00	Director	$0	$0	$0
JAVONYE HICKS	VP OF DIVERSITY, EQUITY &	2.00	Director	$0	$0	$0
RAUL AYALA	AT LARGE DIRECTOR	2.00	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
2024	$373,434	$358,470	$328,917	$14,964
2023	$255,845	$272,564	$356,250	$-16,719
2022	$379,641	$203,698	$316,680	$175,943

INSTITUTE FOR WELL-BEING IN LAW