Association of Legal Administrators Puget Sound Chapter (EIN 943103508) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

Veronica Sutton

Phone

2532653042

Tax Period

2023-04-01 to 2024-03-31

Association of Legal Administrators Puget Sound Chapter, founded in 1987, is a small nonprofit that reported $149K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $167K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE EDUCATION AND INFORMATION TO MEMBERS REGARDING LEGAL ADMINISTRATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,320

Program Service Revenue $118,460

Investment Income $0

Other Revenue $0

TOTAL REVENUE $148,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,772

Other Expenses $167,193

TOTAL EXPENSES $167,193

Year-over-Year Comparison

	2023	2022	Change
Revenue	$148,780	$134,349	+0.1%
Expenses	$167,193	$209,545	-0.2%
Net Income	$-18,413	$-75,196	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Cara Hohenstein	Treasurer / Secretary	5.0	Officer Director	$0	$0	$0
Meredith Taylor	VP Diversity and Inclusion	3.0	Officer Director	$0	$0	$0
Veronica Sutton	President	10.0	Officer Director	$0	$0	$0
Suzanne Tran	Immediate Past President	5.0	Officer Director	$0	$0	$0
Denny Krantz	President-Elect	5.0	Officer Director	$0	$0	$0
Jody Waterman	VP of Membership	3.0	Officer Director	$0	$0	$0
Kristin Stoddard	VP of Education	3.0	Officer Director	$0	$0	$0
Tara Binge	VP Business Partner Relations	3.0	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	$148,780	$167,193	$189,663	$-18,413
2023	$134,349	$209,545	$208,076	$-75,196
2022	$144,929	$153,686	$283,272	$-8,757
2021	$109,300	$143,672	$292,029	$-34,372
2020	$141,300	$169,045	$326,401	$-27,745
2019	$189,252	$205,816	$354,146	$-16,564

Association of Legal Administrators Puget Sound Chapter