The Foundation of the Federal Bar Association

EIN: 520741814 501(c)(3)

Arlington, VA

Total Revenue
$722,541
Total Expenses
$359,004
Total Assets
$5,779,926
Net Assets
$5,698,485
🔒

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
1954
Legal Domicile
DC
Principal Officer
Stacy King
Phone
5714819100
Tax Period
2024-10-01 to 2025-09-30

The Foundation of the Federal Bar Association, founded in 1954, is a small nonprofit that reported $723K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $364K, a strong 50% operating margin.

Mission

Promote and support legal research and education; advance the science of jurisprudence and facilitate the administration of justice; and foster improvements in the practice of federal law.

Program Service Accomplishments

Program 1
Expenses: $82,500

Scholarships: Foundation scholarships promote the practice of federal law and help young adults pursue university and law school education, ushering in a new generation of bright professionals...

Read more

Scholarships: Foundation scholarships promote the practice of federal law and help young adults pursue university and law school education, ushering in a new generation of bright professionals, attorneys, and judges.The Robert A. McNew Law Student Scholarship - promotes the practice of federal law by awarding a scholarship to a law student. The scholarship is awarded to a current law student who is a Federal Bar Association law student associate member in good standing or has an interest in federal practice. Applicants must exhibit professionalism and high character in their personal and professional lives as demonstrated in application materials. See Schedule O for continuation

Program 2
Expenses: $77,784

Community Outreach Grants - The Foundation provides funding to support projects and initiatives that provide legal services in local communities. Projects must align with the Foundation's...

Read more

Community Outreach Grants - The Foundation provides funding to support projects and initiatives that provide legal services in local communities. Projects must align with the Foundation's mission.Pathways to the Profession Grants - The Foundation provides funding to support educational, community service, or outreach projects and initiatives that support pathway programs and events that encourage high school, college and law school students, and newer lawyers, particularly those from underrepresented backgrounds, to pursue and succeed in a legal career through educational, networking, mentorship programs and other opportunities. Projects must align with the Foundation's mission. See Schedule O for continuation

Program 3
Expenses: $57,744

Awards and Recognition Programs: The Foundation funds the following FBA awards and recognition, through generous donations given for these purposes:Elaine R. "Boots" Fisher Award - This award is...

Read more

Awards and Recognition Programs: The Foundation funds the following FBA awards and recognition, through generous donations given for these purposes:Elaine R. "Boots" Fisher Award - This award is intended to stimulate, encourage, and recognize exemplary community, public and charitable service by members of the FBA. The Foundation makes an annual charitable contribution of $1,000 to an organization for which an FBA member has performed outstanding public service.See Schedule O for continuation

🔒

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 $488,642
Program Service Revenue $0
Investment Income $233,668
Other Revenue $231
TOTAL REVENUE $722,541

Expense Breakdown

Grants Paid $211,545
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $235,528
Other Expenses $147,459
TOTAL EXPENSES $359,004

Year-over-Year Comparison

2024 2023 Change
Revenue $722,541 $374,603 +0.9%
Expenses $359,004 $306,931 +0.2%
Net Income $363,537 $67,672 +4.4%
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
12
Independent Members
12
Employees
N/A
Volunteers
30

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
$312,626
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hon Michael Newman President 1.00
Officer Director
$0 $0 $0
Stephen Jackson Vice President 0.50
Officer Director
$0 $0 $0
Bruce Moyer Treasurer 0.50
Officer Director
$0 $0 $0
Hon Donna Phillips Currault Secretary 0.50
Officer Director
$0 $0 $0
Ashley L Belleau Historian and Fellows Chair 0.50
Officer Director
$0 $0 $0
Ernest Bartol Director 0.50
Director
$0 $0 $0
Erin Brown Director 0.50
Director
$0 $0 $0
Calvert Chipchase Director 0.50
Director
$0 $0 $0
Karen King Director 0.50
Director
$0 $0 $0
David Guerry Director 0.50
Director
$0 $0 $0
James R Hammerschmidt Director 0.50
Director
$0 $0 $0
Rachel Rose Director 0.50
Director
$0 $0 $0
Stacy King Chief Executive Officer 2.00
Officer
$0 $17,099 $312,626
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 $722,541 $359,004 $5,779,926 $363,537
2024 $374,603 $306,931 $5,146,701 $67,672
2023 $2,827,391 $541,201 $4,448,404 $2,286,190
2022 $1,006,596 $464,085 $2,114,745 $542,511
2021 $783,809 $148,552 $1,918,047 $635,257
2020 $191,725 $230,367 $1,176,568 $-38,642
2019 $219,400 $172,173 $1,136,402 $47,227
2018 $224,761 $239,439 $1,081,211 $-14,678
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Foundation of the Federal Bar Association with other nonprofits in Virginia and across the country.