Trial Lawyers for a Better Tomorrow

Nonprofit profile at a glance

EIN
993020139
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Conshohocken, PA, USA
Rating
32
Verdict
REVIEW
Rating confidence
Moderate
Sector
Human Services N.E.C.

Reported finances

Revenue
$250,007
Expenses
$821
Assets
$249,186
Liabilities
$0

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

Leadership & pay

2 people listed

Executive titles in this filing

  • HARRIS POGUST (President)

People named in this filing

  • HARRIS POGUST (President)
  • ZACHARY POGUST (Treasurer)

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

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

Overview

Mission

The purpose of nonprofit Trial Lawyers for a Better Tomorrow is to provide funding to organizations that help to break down barriers that hinder children from reaching their full potential through education and create a more level playing field.

What it reported doing in 2024

Programs will initially target underserved communities in the Philadelphia area by providing support and access to financial resources to schools and other nonprofit organizations that support children's learning and access to education.An application process will be implemented for the vetting of the organizations receiving funding. Interested organizations will submit an application which will include specific details about their programs, the communities they serve, projected timeline or calendar of events, projected budget, as well as information about their respective organization, its mission, and programs.To ensure funds are being used for their intended purposes, recipients will be required to submit year-end reports that describe the programs for which funding was requested, goals and outcomes achieved, financial summaries, plus a description of future plans. They will be encouraged to share program updates throughout the funding period.One or more members assigned by TL4ABT will visit the recipient's work or program location at least once during the funding period.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 94
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 99.7%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 303.52; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 2 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 2 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.