FAYETTE COUNTY BAR ASSOCIATION INC

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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

1989

Legal Domicile

Principal Officer

ELIZABETH COMBS

Phone

8592259897

Tax Period

2024-05-01 to 2025-04-30

FAYETTE COUNTY BAR ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $286K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $72K, a strong 25% operating margin.

Mission

TO PROVIDE A PROFESSIONAL AND SOCIAL NETWORK FOR LAWYERS TO PROMOTE EFFICIENCY, IMPROVEMENT, INTEGRITY AND COLLEGIALITY AMONG MEMBERS IN ADDITION TO PROVIDING SERVICES INCLUDING REFERRALS AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $115,915 Revenue: $58,102

TO PROMOTE THE EFFICIENT ADMINISTRATION OF JUSTICE AND CONSTANT IMPROVEMENT OF THE LAW, ELEVATE THE STANDARD OF INTEGRITY, HONOR AND COURTESY IN THE LEGAL PROFESSION AND TO CULTIVATE AND PROMOTE...

TO PROMOTE THE EFFICIENT ADMINISTRATION OF JUSTICE AND CONSTANT IMPROVEMENT OF THE LAW, ELEVATE THE STANDARD OF INTEGRITY, HONOR AND COURTESY IN THE LEGAL PROFESSION AND TO CULTIVATE AND PROMOTE COLLEGIALITY AMONG MEMBERS.

Program 2

Revenue: $37,517

TO PROVIDE SERVICE TO MEMBERS THROUGH THE LAWYER REFERRAL SERVICE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $180,932

Program Service Revenue $97,930

Investment Income $9,209

Other Revenue $-2,311

TOTAL REVENUE $285,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,534

Fundraising Expenses $0

Program Expenses $115,915

Other Expenses $87,762

TOTAL EXPENSES $213,296

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,760	$245,507	+0.2%
Expenses	$213,296	$251,524	-0.2%
Net Income	$72,464	$-6,017	-13.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH COMBS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW PARSONS	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
ALEXANDER GARCIA	TREASURER	1.00	Officer Director	$0	$0	$0
LANGDON WORLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
CRAIG MCCLOUD	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CASSANDRA CARTER	DIRECTOR	0.20	Director	$0	$0	$0
KYLE MELLOAN	DIRECTOR	0.20	Director	$0	$0	$0
COURTNEY SAMFORD	DIRECTOR	0.20	Director	$0	$0	$0
ANDREW YOCUM	DIRECTOR	0.20	Director	$0	$0	$0
MATTHEW BOGGS	DIRECTOR	0.20	Director	$0	$0	$0
ANNA GIRARD FLETCHER	DIRECTOR	0.20	Director	$0	$0	$0
CHRIS LEWIS	DIRECTOR	0.20	Director	$0	$0	$0
MARY PATTON	DIRECTOR	0.20	Director	$0	$0	$0
MINDY BARFIELD	DIRECTOR	0.20	Director	$0	$0	$0
ALI ZEITLIN	DIRECTOR	0.20	Director	$0	$0	$0

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
2025	$285,760	$213,296	$277,290	$72,464
2024	$245,507	$251,524	$267,479	$-6,017
2023	$217,643	$270,212	$212,076	$-52,569
2022	$203,103	$233,474	$255,563	$-30,371
2021	$212,527	$216,500	$320,950	$-3,973
2020	$235,543	$279,566	$223,440	$-44,023
2019	$201,324	$259,169	$276,468	$-57,845