MORRIS COUNTY BAR ASSOCIATION

EIN: 222191304

MORRISTOWN, NJ

Total Revenue
$367,620
Total Expenses
$278,532
Total Assets
$293,865
Net Assets
$253,835
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
NJ
Principal Officer
STEVEN J LOEWENTHAL
Phone
9732676089
Tax Period
2023-01-01 to 2023-12-31

MORRIS COUNTY BAR ASSOCIATION, founded in 1900, is a small nonprofit that reported $368K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 24% operating margin.

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO MAINTAIN THE HONOR AND DIGNITY OF THE PROFESSION OF LAW, TO PROMOTE AN UNDERSTANDING OF THE LAW AND ITS APPLICATION IN SOCIETY, TO FOSTER THE DUE ADMINISTRATION OF JUSTICE, AND TO PROMOTE A CAPACITY OF THE BAR FOR PUBLIC SERVICE, PARTICULARLY THE PROVISION OF PRO BONO LEGAL SERVICES IN APPROPRIATE CASES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $67,937
Program Service Revenue $322,667
Investment Income $78
Other Revenue $-23,062
TOTAL REVENUE $367,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,600
Fundraising Expenses $0
Other Expenses $164,932
TOTAL EXPENSES $278,532

Year-over-Year Comparison

2023 2022 Change
Revenue $367,620 $271,046 +0.4%
Expenses $278,532 $250,773 +0.1%
Net Income $89,088 $20,273 +3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
23
Independent Members
23
Employees
2
Volunteers
N/A

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
8
$85,154
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA M SCAFURI IMMEDIATE PAST PRESIDENT 5.00
Officer Director
$0 $0 $0
STEVEN J LOEWENTHAL PRESIDENT 5.00
Officer Director
$0 $0 $0
BETHANY A ABELE PRESIDENT-ELECT 5.00
Officer Director
$0 $0 $0
LAWRENCE CUTALO SECOND VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
CHRISTOPHER SCHELLHORN FIRST VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LINDA MAINENTI WALSH TREASURER 5.00
Officer Director
$0 $0 $0
JOSEPH A NATALE TRUSTEE 2.00
Director
$0 $0 $0
SHARON BITTNER KEAN TRUSTEE 2.00
Director
$0 $0 $0
ANTHONY COCCA TRUSTEE 2.00
Director
$0 $0 $0
JAMES M DESTEFANO TRUSTEE 2.00
Director
$0 $0 $0
JOSEPH GRATHER TRUSTEE 2.00
Director
$0 $0 $0
BRIAN D KENNEY TRUSTEE 2.00
Director
$0 $0 $0
ALISON C LESLIE TRUSTEE 2.00
Director
$0 $0 $0
SCOTT G LEONARD SECRETARY 5.00
Officer Director
$0 $0 $0
LAURIE L NEWMARK TRUSTEE 2.00
Director
$0 $0 $0
MICHELLE A LEVIN TRUSTEE 2.00
Director
$0 $0 $0
BENJAMIN L LINEMAN TRUSTEE 2.00
Director
$0 $0 $0
CANDY VELAZQUEZ TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL REALBUTO TRUSTEE 2.00
Director
$0 $0 $0
RAFAEL A LLANO TRUSTEE 2.00
Director
$0 $0 $0
TAYLOR SHAROFSKY TRUSTEE 2.00
Director
$0 $0 $0
SOFIA M MARSELLA TRUSTEE 2.00
Director
$0 $0 $0
DEBORAH WOODBURY EXECUTIVE DIRECTOR 40.00
Officer
$85,154 $0 $85,154
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 No data No data No data No data
2023 $367,620 $278,532 $293,865 $89,088
2022 $271,046 $250,773 $203,363 $20,273
2021 $294,181 $230,754 $187,360 $63,427
2020 $254,524 $167,965 $119,066 $86,559
2019 $312,112 $353,865 $51,610 $-41,753
2018 $338,858 $355,748 $60,377 $-16,890
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