EVANSVILLE 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

1911

Legal Domicile

Principal Officer

GREG FREYBERGER

Phone

8124633201

Tax Period

2024-01-01 to 2024-12-31

EVANSVILLE BAR ASSOCIATION INC, founded in 1911, is a small nonprofit that reported $268K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO PROMOTE THE PRACTICE OF LAW, CULTIVATE PROFESSIONAL EXCELLENCE, PROMOTE HIGH ETHICAL STANDARDS AND UPHOLD THE HONOR OF THE PROFESSION

Program Service Accomplishments

Program 1

CONTINUING LEGAL EDUCATION, LAWYER REFERRAL SERVICES, VOLUNTEER LAWYER PROGRAM SUPPORT AND EDUCATION DAY FOR AREA HIGH SCHOOL STUDENTS

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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 $137,448

Program Service Revenue $109,367

Investment Income $4,353

Other Revenue $16,950

TOTAL REVENUE $268,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,995

Fundraising Expenses $0

Other Expenses $169,877

TOTAL EXPENSES $291,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,118	$284,709	-0.1%
Expenses	$291,872	$306,397	0.0%
Net Income	$-23,754	$-21,688	+0.1%

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

500

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

$80,834

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE MOORE-HOLTZ	EXECUTIVE DIRECTOR	35.00	Officer	$80,834	$0	$80,834
JUDGE MATTHEW BROOKMAN	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
DIANA MOERS	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
KRISTEN KOEWLER-CAMPBELL	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
MICHELE BRYANT	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
BILL HUSSMAN	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
KAREY CAIN	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
PATRICK THOMAS	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
MAXWELL HAPPE	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
SETH ZIRKLE	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
CASSEE VIVIAN	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
GREG FREYBERGER	PRESIDENT	5.00	Officer	$0	$0	$0
MEAGAN BRIEN	PRESIDENT ELECT	3.00	Officer	$0	$0	$0
J BEAU DIAL	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JAMIE DAMERON	SECRETARYTREASURER	3.00	Officer	$0	$0	$0
RHEA JONES-PRICE	OUT OF COUNTY REPRESENTATIVE	1.00	Officer	$0	$0	$0
MAGISTRATE CELIA PAULI	JUDICIAL REPRESENTATIVE	1.00	Officer	$0	$0	$0
CAROLINE BRINSTER	YOUNG LAWYER REPRESENTATIVE	1.00	Officer	$0	$0	$0
AARON TULEY	EVANSVILLE BAR FDN REPRESENTATIVE	1.00	Officer	$0	$0	$0
D TIM BORN	PRIOR BOARD MEMBER	1.00		$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
2024	$268,118	$291,872	$216,471	$-23,754
2023	$284,709	$306,397	$231,748	$-21,688
2022	$191,663	$239,867	$245,555	$-48,204
2021	$213,062	$195,747	$305,519	$17,315
2020	$204,213	$201,220	$279,449	$2,993
2019	$261,926	$229,474	$269,412	$32,452
2018	$238,331	$224,021	$226,852	$14,310