BOSTON LAWYERS GROUP INC C/O MINTZ (EIN 883906507) - 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

2022

Legal Domicile

Principal Officer

TRACEY WEST CO MINTZ

Phone

6179217750

Tax Period

2024-01-01 to 2024-12-31

BOSTON LAWYERS GROUP INC C/O MINTZ, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $691K in total revenue in fiscal year 2024. Revenue surged 157% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 23% operating margin.

Mission

THE MISSION OF THE BOSTON LAWYERS GROUP (BLG) IS TO SUPPORT THE EFFORTS OF ITS MEMBER ORGANIZATIONS TO FOSTER A COMMUNITY OF ATTORNEYS OF COLOR AND OTHERS COMMITTED TO ADVANCING INCLUSION AND BELONGING AND REMOVING BARRIERS TO EQUAL OPPORTUNITY IN GREATER BOSTON.

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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 $691,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $691,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,759

Fundraising Expenses $0

Program Expenses $222,881

Other Expenses $233,828

TOTAL EXPENSES $534,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,250	$268,643	+1.6%
Expenses	$534,587	$430,581	+0.2%
Net Income	$156,663	$-161,938	-2.0%

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

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

$250,000

Total Directors

$250,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY WEST	EXECUTIVE DIRECTOR	40.00	Officer Director	$250,000	$0	$250,000
GEORGE VARGHESE	DIRECTOR AND CHAIR	0.00	Officer Director	$0	$0	$0
LOUISE MERCEDES	DIRECTOR AND VICE CHAIR	0.00	Officer Director	$0	$0	$0
ADRIENNE ORTEGA	DIRECTOR AND VICE CHAIR	0.00	Officer Director	$0	$0	$0
CARLA REEVES	DIRECTOR AND CLERK	0.00	Officer Director	$0	$0	$0
DONALD DENG	DIRECTOR	0.00	Officer Director	$0	$0	$0
ROSA NUNEZ	DIRECTOR	0.00	Officer Director	$0	$0	$0
SRIKANTH REDDY	DIRECTOR	0.00	Officer 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	$691,250	$534,587	$522,236	$156,663
2023	$268,643	$430,581	$358,762	$-161,938

BOSTON LAWYERS GROUP INC C/O MINTZ