College of Workers Compensation Lawyers Inc

Nonprofit profile at a glance

EIN
208237940
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Annapolis, MD, USA
Phone
4109724524
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Law, Jurisprudence

Reported finances

Revenue
$135,250
Expenses
$128,806
Assets
$84,751

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • James M Gallen (President)
  • Diana L Wann (Vice President)

People named in this filing

  • Kip Kubin (Director)
  • Alan S Pierce (Director)
  • Jacque Brawner Dean (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To recognize outstanding practitioner of Workers Compensation laws

What it reported doing in 2024

The College of Worker's Compensation Lawyers, Inc. was incorporated in the State of Tennessee as a non-profit corporation on January 15, 2007, to recognize outstanding practitioners of workers compensation laws with the understanding that Workers Compensation is a very important field of law, if not the most important. It touches more lives than any other area of law. It involves the payment of huge sums of money. The welfare of human beings, the success of business and the pocketbooks of consumers are affected by it. Judge E.R. Mills, Singletary vs. Maugham Construction, 418 S. 2d 1138 Fla. DCA 1982. The qualifications for election are: Candidates must have been in the field of Workers Compensation for at least 20 years and have proven to their peers, the bar, bench and public , that they possess the highest professional qualifications and ethical standards the highest level of character, integrity, professional expertise and leadership commitment to fostering and furthering the objective of the College sustained exceptional high quality professional services to clients, bar, bench and public and significant evidence of scholarship, teaching, lecturing and/or distinguished public writing on Workers Compensation or related fields of law. In addition to the traits described above, a Fellow is expected to display the following traits in the day-to-day practice of law. The list below is by no means complete, but it is provided by Sponsors and Candidates for their guidance in determining whether a candidate meets the expectations for a Fellow. A Fellow is an individual who 1 would stand out to newer attorneys as a model of professionalism in deportment and advocacy, and as a person who should be emulated and has earned the respect of the bench, opposing counsel and the legal community 2 displays civility in an adversarial relationship 3 avoids ideological differences to affect civility in negotiations, litigation and other aspects of law practice 4 demonstrates an active interest in resolving issues 5 is a student of the law 6 has a thirst for knowledge in all areas of the law that affect the representation of such person's clients in Worker's Compensation 7 actively participates in the state, local and national Bar and 8 has a a reputation as an individual with broad knowledge in all aspects of worker's compensation law. The College focuses on two separate activities. The first is the co-sponsorship of continuing legal education seminars, which occur in conjunction with the induction dinner of the College. The second is a student writing competition in which the winner receives an award at the annual induction dinner. The Board of Directors has also decided to make a grant of $5,000 to Kid's Chance of America, Inc., a non-profit organization dedicated to providing secondary education scholarships to the children of people killed or seriously injured in work-related accidents.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.9%; rating input score 33
  • Program expense ratio: 34.6%; rating input score 35

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 31.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -9.7% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 32.9% of revenue deployed · 34.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.