THE FUND FOR MODERN COURTS INC

EIN: 132597816 501(c)(3) Crime & Legal

NEW YORK, NY

Total Revenue
$458,247
Total Expenses
$379,959
Total Assets
$619,849
Net Assets
$619,162
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
NY
Principal Officer
DENISE KRONSTADT
Phone
8456640200
Tax Period
2024-01-01 to 2024-12-31

THE FUND FOR MODERN COURTS INC, founded in 1955, is a small nonprofit in the Crime & Legal sector that reported $458K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $78K, a strong 17% operating margin.

Mission

THE FUND FOR MODERN COURTS IS A NONPARTISAN, NONPROFIT, STATEWIDE COURT REFORM ORGANIZATION WHICH HELPS ENSURE A FAIR, EFFICIENT AND ACCESSIBLE COURT SYSTEM FOR ALL NEW YORKERS BY OPERATING PROGRAMS TO INCREASE PUBLIC KNOWLEDGE ABOUT THE WORK OF THE COURTS AND ENCOURAGE PARTICIPATION IN JUDICIAL REFORM EFFORTS THROUGH THE DEVELOPMENT OF EDUCATIONAL MATERIALS ABOUT THE COURTS AND SPONSORSHIP OF PUBLIC FORUMS AND EVENTS THAT FOCUS ON THE JUDICIAL SYSTEM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $453,891
Program Service Revenue $0
Investment Income $4,352
Other Revenue $4
TOTAL REVENUE $458,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,896
Fundraising Expenses $24,471
Program Expenses $295,389
Other Expenses $121,063
TOTAL EXPENSES $379,959

Year-over-Year Comparison

2024 2023 Change
Revenue $458,247 $391,893 +0.2%
Expenses $379,959 $342,008 +0.1%
Net Income $78,288 $49,885 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
59
Independent Members
59
Employees
2
Volunteers
54

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$158,196
Total Directors
59
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM C SILVERMAN CHAIR 2.00
Officer Director
$0 $0 $0
ABBE R GLUCK VICE CHAIR 2.00
Officer Director
$0 $0 $0
MARY SCHUETTE VICE CHAIR 2.00
Officer Director
$0 $0 $0
RICHARD H SILBERBERG TREASURER 1.00
Officer Director
$0 $0 $0
DAVID A BARRETT SECRETARY 1.00
Officer Director
$0 $0 $0
HON ROLANDO ACOSTA BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL R ALONSO BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID B ANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
AMY BARASCH BOARD MEMBER 1.00
Director
$0 $0 $0
NINA BEATTIE BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA LADD BIERMAN LEFT 824 BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY A BOHRER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL A CARDOZO BOARD MEMBER 1.00
Director
$0 $0 $0
HON CARMEN BEAUCHAMP CIPARICK BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL CONNOLLY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL L COSTELLO BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY CRAMER BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY M CREELAN BOARD MEMBER 1.00
Director
$0 $0 $0
CYRUS E DUGGER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT FUMERTON BOARD MEMBER 1.00
Director
$0 $0 $0
DEAN HOWARD A GLICKSTEIN LEFT 824 BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN HABER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HAIG BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES HALLOWELL BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN N HALPERN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK HATCH-MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE J HELLER BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN V HOLLOMON BOARD MEMBER 1.00
Director
$0 $0 $0
REZUMAL ISLAM BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT M KAUFMAN LEFT 424 BOARD MEMBER 1.00
Director
$0 $0 $0
JOON KIM BOARD MEMBER 1.00
Director
$0 $0 $0
CELESTE LM KOELEVELD BOARD MEMBER 1.00
Director
$0 $0 $0
VICTOR A KOVNER BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL M KUMMER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE C LAMBERTI BOARD MEMBER 1.00
Director
$0 $0 $0
DARREN LAVERNE BOARD MEMBER 1.00
Director
$0 $0 $0
RORY A LERARIS LEFT 424 BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT A LEVINSON BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN BADIAN LINDENAUER BOARD MEMBER 1.00
Director
$0 $0 $0
WALTER P LOUGHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL C MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID J MOLTON BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL R MURDOCK BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT C NEWMAN BOARD MEMBER 1.00
Director
$0 $0 $0
HON JUANITA BING NEWTON BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD C PEPPERMAN II BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL M PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL D PORCELAIN BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT REENTS BOARD MEMBER 1.00
Director
$0 $0 $0
ZACHARY H SALTZMAN BOARD MEMBER 1.00
Director
$0 $0 $0
STACY SCHECTER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL SCHEINKMAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN SHEPARD LEFT 824 BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
LIZA VELAZQUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA VULLO BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS YATTER BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN P YOUNGER BOARD MEMBER 1.00
Director
$0 $0 $0
RUTH ZUCKERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE KRONSTADT EXECUTIVE DIRECTOR 40.00
Officer
$150,000 $8,196 $158,196
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $458,247 $379,959 $619,849 $78,288
2023 $391,893 $342,008 $542,074 $49,885
2022 $407,831 $388,136 $536,379 $19,695
2021 $412,760 $326,909 $578,841 $85,851
2019 $453,903 $369,937 $392,098 $83,966
2018 $350,643 $357,037 $305,019 $-6,394
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE FUND FOR MODERN COURTS INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.