Louis M Welsh Inn of the American Inns of Court
Nonprofit profile at a glance
- EIN
- 330226323
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- San Diego, CA, USA
- Phone
- 6196853052
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $102,095
- Expenses
- $94,149
- Assets
- $50,092
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- WILLIAM LOW (President)
People named in this filing
- WILLIAM LOW (President)
- DANIEL EATON (Treasurer)
- SUSAN BASINGER (Trustee)
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
The purpose of the inn is to provide less experienced practitioners with theopportunity for sustained interaction with experienced attorneys and judges. Thisis accomplished through monthly meetings at which the barristers and associatesinteract with and receive instruction in procedure and trial practice from thesenior members of the inn. A strong emphasis is placed on professionalism, ethicsand civility. The goal of the inn is to create a lasting, permanent mechanism toenable senior members of the bar and bench to pass on to younger members of thebar the higher standards and technical skills necessary to enhance the practice oflaw by those in the trial community.
What it reported doing in 2024
Regular monthly meetings of the inn are supplemented by regular meetings ofsmaller subgroups called teams. The inn is composed of associates, attorneys with one to five years of experience; barristers, attorneys with five or more years experience; and masters of the bench, attorneys and judges with recognized experience and expertise as trial advocates. Associates are invited to join the inn for one year, barristers for two years, and masters of the bench for life. Every past member of the inn is placed on a roster of alumni and is invited to continue attending programs after the conclusion of their term, on a first-come, first-serve basis.
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 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.4%; rating input score 83
- Program expense ratio: 90.4%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.8%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 83.4% of revenue deployed · 90.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $85K in reported program spending
- Leadership: top reported pay $0 · 24 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.