Network Of Trial Law Firms Inc
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- Sarasota, FL
- Founding
- 04/1995
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Trial Network generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION FOR TRIAL LAW FIRMS, WHOSE MISSION IS TO IMPROVE AND MAINTAIN HIGH QUALITY LEGAL SERVICE TO CLIENTS BY MEMBER LAW FIRMS BY EXCHANGING PRACTICE IDEAS, INFORMATION AND EXPERTISE, INCLUDING CONDUCTING CONTINUING LEGAL EDUCATION PROGRAMS AND BY UTILIZING ADVANCES IN TECHNOLOGY AND COMMUNICATION TO MINIMIZE COSTS OF SERVICES TO CLIENTS. PRODUCING LITIGATION MANAGEMENT CONTINUING LEGAL EDUCATION PROGRAMS NATIONWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS & MEETINGS - PROVIDE UP TO DATE CONTINUING LEGAL EDUCATION FOR MEMBER AND NON-MEMBER ATTORNEYS FROM ALL PARTS OF THE COUNTRY, AS WELL AS FOR THE FREE EXCHANGE OF TECHNICAL AND PROFESSIONAL INFORMATION.LITIGATION MANAGEMENT CLE SEMINARS REACH HUNDREDS OF IN-HOUSE CORPORATE COUNSEL AND ATTORNEYS ANNUALY, AND STREAMING VIDEOS OF THE PRESENTATIONS MADE AT THOSE SEMINARS ARE MADE AVAILABLE ONLINE 24/7 WITHOUT CHARGE TO IN-HOUSE COUNSEL AND TO ALL ATTORNEYS. DURING 2021, THE ORGANIZATION PRODUCED ONE SUCH PROGRAM ON KIAWAH ISLAND, SC. CLE CREDIT WAS APPROVED BY THE 34 STATES TO WHICH APPLICATION FOR SUCH APPROVAL WAS MADE. IN ADDITION TO APPROXIMATELY 170 IN-HOUSE ATTORNEYS, A TOTAL OF APPROXIMATELY 95 OUTSIDE COUNSEL ALSO PARTICPATED IN THE PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felice C Wagner Exec. Dir. & Gen'l Cnsl | Officer | 50 | $307,250 |
Edd M Schillay Director Of Operations | Officer | 50 | $164,400 |
Robert Hood Jr Hood Law Firm Chair & Trustee | OfficerTrustee | 4 | $0 |
David Suchar Maslon Treasurer & Trustee | OfficerTrustee | 4 | $0 |
Amy Sorenson Snell Wilmer Vice Chair & Trustee | OfficerTrustee | 4 | $0 |
Diane Averell Porzio Bromberg Newm Secretary & Trustee | OfficerTrustee | 4 | $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 | $1,337,621 |
| Investment income | $608 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $440 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,354,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| 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. | $307,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,400 |
| Pension plan accruals and contributions | $98,250 |
| Other employee benefits | $37,606 |
| Payroll taxes | $25,008 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $263 |
| Fees for services: Accounting | $7,010 |
| 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 | $3,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,913 |
| Travel | $3,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $581,177 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,289,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,059 |
| Savings and temporary cash investments | $1,129,197 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,000 |
| 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 | $1,674,779 |
| Accounts payable and accrued expenses | $16,553 |
| Grants payable | $0 |
| Deferred revenue | $543,837 |
| 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 | $0 |
| Total liabilities | $560,390 |
| 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 | $984,389 |
| Total liabilities and net assets/fund balances | $1,674,779 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Network Of Trial Law Firms Inc Sarasota, FL | $1,674,779 | $1,354,649 |
Citizens For Integrity Inc Coral Gables, FL | $665,967 | $377,651 |
Gordon County Child Advocacy Center Calhoun, GA | $434,966 | $349,441 |
Project Cold Case Inc Jacksonville, FL | $177,916 | $311,743 |
Central Alabama Regional Child Advocacy Center Selma, AL | $429,916 | $264,246 |
Justice Coalition Inc Jacksonville, FL | $6,095 | $90,283 |
Smarr & Smith Foundation Inc Americus, GA | $49,671 | $0 |
Urban Youth Justice Inc Bradenton, FL | $7,409 | $0 |
Project Pinnacle Inc Decatur, GA | $150,000 | $0 |
Stop The Violence Miami Inc Miami, FL | $0 | $0 |
Stop The Abuse Foundation Llc Fort Lauderdale, FL | $0 | $0 |