The American Academy of Matrimonia… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

Brian C Vertz Esq

Phone

3127022520

Tax Period

2023-01-01 to 2023-12-31

The American Academy of Matrimonial Lawyers Foundation, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $585K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $162K, a strong 28% operating margin.

Mission

To provide financial assistance to organizations, by way of grants, in order to help families and children affected by the breakup of the family unit.

Program Service Accomplishments

Program 1

Expenses: $234,687

The Foundation is honored to provide 230,000 in grants to 45 charitable organizations, to provide assistance to children and families affected by the breakup of the family unit.

Program 2

Expenses: $5,088

The Foundation is honored to continue the Leonard Loeb Memorial Scholarship awarded to a student in the second or third year of law school, who has succeeded academically, is interested in family law and who is an active participant in clinical programs that help the needy with respect to family law.

Program 3

Expenses: $2,610

The Foundation presents annually the Joanne Ross Wilder Speaker Series, in honor and memory of Joanne Ross Wilder, a widely-respected Fellow of the Academy, nationally-known divorce attorney, editor, author and fierce advocate for her clients and the rights of women. The Speaker Series provides the opportunity to hear about cutting edge issues affecting the practice of family law for those working for the social and legal betterment of those in need.

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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 (2023)

Revenue Breakdown

Contributions & Grants $569,761

Program Service Revenue $0

Investment Income $88,004

Other Revenue $-72,438

TOTAL REVENUE $585,327

Expense Breakdown

Grants Paid $235,000

Salaries & Benefits $83,471

Fundraising Expenses $62,762

Program Expenses $242,385

Other Expenses $105,180

TOTAL EXPENSES $423,651

Year-over-Year Comparison

	2023	2022	Change
Revenue	$585,327	$645,171	-0.1%
Expenses	$423,651	$414,982	+0.0%
Net Income	$161,676	$230,189	-0.3%

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

$76,935

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimberley Scott	Executive Director	035.00	Officer	$76,935	$0	$76,935
Anne Lamkin Durward 101-52723	President	010.00	Officer Director	$0	$0	$0
Brian C Vertz Esq Acting President	President-Elect	004.25	Officer Director	$0	$0	$0
Lawrence A Moskowitz Esq	Immediate Past President	005.00	Officer Director	$0	$0	$0
Mark A Sessums Esq	Treasurer	002.50	Officer Director	$0	$0	$0
Cary B Cheifetz Esq	Secretary	001.50	Officer Director	$0	$0	$0
Gary M Rosen Esq	Asst. Treasurer	004.00	Officer Director	$0	$0	$0
Julia Swain Esq	Asst. Secretary	000.50	Officer Director	$0	$0	$0
Natalia C Wilson Esq	Director	003.50	Director	$0	$0	$0
Robert C Brandt Esq	Director	001.00	Director	$0	$0	$0
JoAl Cannon Sheridan Esq	Director	001.50	Director	$0	$0	$0
Renee R Chernus Esq	Director	000.25	Director	$0	$0	$0
Helen R Davis Esq	Director	000.50	Director	$0	$0	$0
Jacqueline C Kemp Esq	Director	000.50	Director	$0	$0	$0
Twila B Larkin Esq	Director	000.50	Director	$0	$0	$0
Susan M Moss Esq	Director	000.50	Director	$0	$0	$0
Elisha D Roy Esq	Director	000.75	Director	$0	$0	$0
Brian L Sobol Esq	Director	002.00	Director	$0	$0	$0
Eleanor A Stegmeier Esq	Director	000.50	Director	$0	$0	$0
Bruce R Steinfeld Esq	Director	001.50	Director	$0	$0	$0
Deborah M Tate Esq	Director	001.00	Director	$0	$0	$0
Lauren E Waddell Esq	Director	000.25	Director	$0	$0	$0
Richard D West Esq	Director	000.75	Director	$0	$0	$0
Laura C Belleau Esq	Ex-Officio Director	000.25	Director	$0	$0	$0
Jorge M Cestero Esq	Counsel	000.50	Officer	$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	No data	No data	No data	No data
2023	$585,327	$423,651	$3,286,298	$161,676
2022	$645,171	$414,982	$2,922,934	$230,189
2021	$595,639	$377,749	$3,262,404	$217,890
2020	$462,434	$335,071	$2,964,309	$127,363
2019	$553,368	$333,929	$2,635,090	$219,439
2018	$456,326	$334,711	$2,154,268	$121,615

The American Academy of Matrimonial Lawyers Foundation