Network Of Trial Law Firms Inc
- Assets
- $1.5m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Sarasota, FL
- Founding
- 04/1995
- Data as of
- 12/2023
- EIN
- 13-3738173
Organization Overview
Network Of Trial Law Firms Inc, operating under the name The Trial Network, is located in Sarasota, FL. The organization was established in 1995. According to its NTEE Classification (I01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Trial Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trial Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Trial Network generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION FOR TRIAL LAW FIRMS, WHOSE MISSION IS TO IMPROVE & MAINTAIN HIGH QUALITY LEGAL SERVICE TO CLIENTS BY MEMBER LAW FIRMS BY EXCHANGING PRACTICE IDEAS,INFORMATION & EXPERTISE, INCLUDING CONDUCTING CONTINUING LEGAL EDUCATION PROGRAMS & BY UTILIZING ADVANCES IN TECH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOAL OF THE ORGANIZATION IS TO SHARE INFORMATION CONCERNING HIGH QUALITY TRIAL AND LITIGATION REPRESENTATION, INCLUDING ADVANCES IN EDUCATION,TECHNOLOGY, BUSINESS AND SCIENCE.THE ORGANIZATION IS ENGAGED IN A NUMBER OF ACTIVITIES TO ACCOMPLISH THAT GOAL INCLUDING SEMINARS AND MEETINGS-PROVIDE UP TO DATE CONTINUING EDUCATION FOR MEMBER AND NON-MEMBER ATTORNEYS FROM ALL PARTS OF THE COUNTRY,AS WELL AS FOR FREE EXCHANGE OF TECHNICAL AND PROFESSIONAL INFORMATION.LITIGATION MANAGEMENT CLE SEMINARS REACH HUNDREDS OF IN-HOUSE CORPORATE COUNSEL AND ATTORNEYS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felice C Wagner Execdirand General Counsel | Officer | 50 | $311,950 |
Edwin M Schillay Director Of Operations | Officer | 50 | $176,500 |
Lee Hollis Trustee | Trustee | 0.5 | $0 |
Tony Lathrop Trustee | Trustee | 0.5 | $0 |
Robert Hood Jr Trustee | Trustee | 0.5 | $0 |
Nichole Nesbitt Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,987,319 |
| Investment income | $17,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,004,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $311,950 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,550 |
| Pension plan accruals and contributions | $102,250 |
| Other employee benefits | $50,576 |
| Payroll taxes | $27,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $283 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,371 |
| Travel | $6,812 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,143,063 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,901,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,196 |
| Savings and temporary cash investments | $634,855 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $291,296 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $273,023 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $1,517,870 |
| Accounts payable and accrued expenses | $203,816 |
| Grants payable | $0 |
| Deferred revenue | $25,649 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,624 |
| Total liabilities | $266,089 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $130,000 |
| Retained earnings, endowment, accumulated income, or other funds | $1,121,781 |
| Total liabilities and net assets/fund balances | $1,517,870 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Network Of Trial Law Firms Inc Sarasota, FL | $1,517,870 | $3,004,551 |
Citizens For Integrity Inc Coral Gables, FL | $806,842 | $641,170 |
Project Cold Case Inc Jacksonville, FL | $309,889 | $418,502 |
Gordon County Child Advocacy Center Calhoun, GA | $434,966 | $349,441 |
Justice Coalition Inc Jacksonville, FL | $3,326 | $175,821 |
Central Alabama Regional Child Advocacy Center Selma, AL | $517,260 | $259,391 |
Smarr & Smith Foundation Inc Americus, GA | $90,795 | $0 |
Fight Incorporated Stockbridge, GA | $25,868 | $0 |
Urban Youth Justice Inc Bradenton, FL | $7,409 | $0 |
Dignity Speaks Inc Tampa, FL | $5,109 | $0 |
Project Pinnacle Inc Decatur, GA | $150,000 | $0 |
Society First Corperation Tampa, FL | $515 | $700 |
Stop The Violence Miami Inc Miami, FL | $0 | $0 |
Stop The Abuse Foundation Llc Fort Lauderdale, FL | $0 | $0 |