National Association of Minority & Women Owned Law Firms Inc is a 501(c)(6) organization based in Chicago, Illinois, registered in 2002, with $3,296,147 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.3M
▲ 60.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$2.2M
Net assets
$2.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Association of Minority & Women Owned Law Firms Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Association of Minority & Women Owned Law Firms Inc: 13 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for National Association of Minority & Women Owned Law Firms Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Association of Minority & Women Owned Law Firms Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2013) to $3.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
31.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$344K
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,296,147▲60.1% | $2,243,120▲0.6% | $2,520,203▲73.2% | $2,863,795▲47.3% | 990 |
| 2023 | $2,058,475▼4.7% | $2,229,890▲4.5% | $1,455,154▼10.9% | $1,944,309▼5.9% | 990 |
| 2022 | $2,159,526▲23.3% | $2,134,721▲53.4% | $1,634,053▲1.5% | $2,066,236▲6.0% | 990 |
| 2021 | $1,751,014▼5.6% | $1,391,305▼3.4% | $1,609,248▲29.8% | $1,949,781▲9.3% | 990 |
| 2020 | $1,854,658▼4.7% | $1,439,841▼20.8% | $1,239,776▲51.2% | $1,783,077▲23.5% | 990 |
| 2019 | $1,946,691▲4.0% | $1,817,371▲6.3% | $819,958▲18.7% | $1,444,275▲13.9% | 990 |
| 2018 | $1,871,692▲9.3% | $1,710,047▲2.0% | $690,638▲30.6% | $1,267,734▲38.7% | 990 |
| 2017 | $1,713,024▲10.6% | $1,676,431▲19.3% | $528,993▲7.4% | $914,108▲5.5% | 990 |
| 2016 | $1,548,886▲6.5% | $1,404,793▲2.9% | $492,561▲47.9% | $866,182▲36.2% | 990 |
| 2015 | $1,454,301▲9.3% | $1,365,144▲16.8% | $332,968▲36.7% | $636,065▲60.0% | 990 |
| 2014 | $1,330,433▲18.0% | $1,169,187▲16.9% | $243,586▲196% | $397,638▲29.2% | 990 |
| 2013 | $1,127,313 | $1,000,474▲55.6% | $82,340▲4.4% | $307,803▲138% | 990 |
| 2011 | — | $643,085▲20.7% | $78,882▼60.0% | $129,427▼42.0% | 990 |
| 2010 | — | $532,817 | $197,168 | $222,966 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for National Association of Minority & Women Owned Law Firms Inc (EIN 39-2034839) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.