LAWYERS CLUB OF SAN DIEGO 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

1979

Legal Domicile

Principal Officer

IVY KOSMIDES

Phone

8587320002

Tax Period

2024-07-01 to 2025-06-30

LAWYERS CLUB OF SAN DIEGO INC, founded in 1979, is a small nonprofit that reported $723K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $666K left a modest 8% surplus.

Mission

ADVANCE THE STATUS OF WOMEN IN THE LAW, SUPPORT, IMPROVE ADMINISTRATION OF JUSTICE AND PROMOTE EQUALITY THROUGH TARGETED PROGRAMMING, CONTINUING LEGAL EDUCATION, NETWORKING, COMMUNITY SERVICE, JUDICIAL ENDORSEMENTS, AND SUPPORT OF A CHARITABLE FUND.

Program Service Accomplishments

Program 1

LAWYERS CLUB OF SAN DIEGO ACHIEVES ITS MISSION BY CONDUCTING EVENTS THROUGHOUT THE YEAR FOR ITS MEMBERS AND BY PROMOTING ISSUES WHICH ADVANCE THE STATUS OF WOMEN IN THE LAW, SUPPORT, IMPROVE...

LAWYERS CLUB OF SAN DIEGO ACHIEVES ITS MISSION BY CONDUCTING EVENTS THROUGHOUT THE YEAR FOR ITS MEMBERS AND BY PROMOTING ISSUES WHICH ADVANCE THE STATUS OF WOMEN IN THE LAW, SUPPORT, IMPROVE ADMINISTRATION OF JUSTICE AND PROMOTE EQUALITY THROUGH TARGETED PROGRAMMING, CONTINUING LEGAL EDUCATION, NETWORKING, COMMUNITY SERVICE, JUDICIAL ENDORSEMENTS, AND SUPPORT OF A CHARITABLE FUND.

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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 $154,403

Program Service Revenue $568,345

Investment Income $51

Other Revenue $0

TOTAL REVENUE $722,799

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $279,064

Fundraising Expenses $0

Other Expenses $384,236

TOTAL EXPENSES $666,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$722,799	$634,966	+0.1%
Expenses	$666,300	$607,089	+0.1%
Net Income	$56,499	$27,877	+1.0%

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

Volunteers

100

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

$115,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKHAK GHORBAN	PRESIDENT	25.00	Officer Director	$0	$0	$0
VIVIAN ADAME	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ROSE BOWLUS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ALLY KEEGAN	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
MARGO LEWIS HOY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JACLYN REINHART	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
PHILLIP STEPHAN	TREASURER	10.00	Officer Director	$0	$0	$0
SEANA SCHOLTEMEYER	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
CORRIN PHILLIP	SECRETARY	10.00	Officer Director	$0	$0	$0
CHELSEA MUTUAL	ASSISTANT SECRETARY	5.00	Officer Director	$0	$0	$0
STACY DOOLEY	DIRECTOR	5.00	Director	$0	$0	$0
KELLY GEMELLI	DIRECTOR	5.00	Director	$0	$0	$0
ALEX HOPSON	DIRECTOR	5.00	Director	$0	$0	$0
TAMRA LETT	DIRECTOR	5.00	Director	$0	$0	$0
CATHERINE MCBAIN	DIRECTOR	5.00	Director	$0	$0	$0
MEHRY MOHSENI	DIRECTOR	5.00	Director	$0	$0	$0
IVY KOSMIDES	EXECUTIVE DIRECTOR	40.00	Officer	$115,000	$0	$115,000

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
2025	No data	No data	No data	No data
2025	$722,799	$666,300	$362,077	$56,499
2024	$634,966	$607,089	$293,232	$27,877
2023	$617,986	$694,315	$230,709	$-76,329
2022	$570,720	$509,968	$327,234	$60,752
2021	$368,273	$400,429	$301,873	$-32,156
2020	$430,341	$406,029	$306,916	$24,312
2019	$586,202	$580,665	$244,927	$5,537