Houston Young Lawyers Association
- Assets
- $240.9k
- Revenue
- $233.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 74-1987442
Organization Overview
Houston Young Lawyers Association is located in Houston, TX. The organization was established in 1992. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Young Lawyers Association 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 06/2022, Houston Young Lawyers Association generated $233.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $201.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HOUSTON YOUNG LAWYERS ASSOCIATION (HYLA) IS A BAR ASSOCIATION OF HOUSTON YOUNG ATTORNEYS. OUR MEMBERSHIP CONSISTS OF LAWYERS AGE 36 AND UNDER, OR 5 YEARS OF PRACTICE OR LESS, AS WELL AS LAW STUDENTS. OUR MISSION IS TO HELP OUR MEMBERS LEARN, LEAD, NETWORK, AND SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING, PROMOTIONAL EVENTS, AND COMMITTEE ACTIVITIES FOR HYLA MEMBERS OF THE LEGAL COMMUNITY.
CONTINUING LEGAL EDUCATION PROGRAMS ARE PROVIDED DURING THE YEAR FOR MEMBERS
SPORTING EVENTS AND LEAGUES OCCUR DURING THE SPRING, SUMMER AND FALL SEASON TO CREATE NETWORKING OPPORTUNITIES FOR THE MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Fisher Cain Executive Dir. | Trustee | 40 | $67,500 |
Brooksie Bonvillain Treasurer | OfficerTrustee | 1 | $0 |
Alvin Adjei Director | OfficerTrustee | 1 | $0 |
Kelly Hanen President | OfficerTrustee | 1 | $0 |
Benjamin Ritz Director | Trustee | 1 | $0 |
Patrick Aana Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,736 |
| Investment income | $2,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,113 |
| Payroll taxes | $5,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,783 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,868 |
| Office expenses | $7,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $87 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,813 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $279 |
| Insurance | $3,790 |
| All other expenses | $0 |
| Total functional expenses | $201,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,372 |
| Total assets | $240,910 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $240,910 |