FEDERAL COMMUNICATIONS BAR ASSOCIA… - 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

1936

Legal Domicile

Principal Officer

KERRY K LOUGHNEY

Phone

2027368640

Tax Period

2022-07-01 to 2023-06-30

FEDERAL COMMUNICATIONS BAR ASSOCIATION, founded in 1936, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2022. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 12% surplus.

Mission

TO PROMOTE THE DEVELOPMENT, INTERPRETATION AND PRACTICE OF COMMUNICATIONS LAW AND POLICY.

Program Service Accomplishments

Program 1

PROMOTE THE PROPER ADMINISTRATION OF THE FEDERAL LAWS RELATING TO WIRE AND RADIO COMMUNICATIONS THROUGH MEETINGS, CONFERENCES, AND SEMINARS TO ATTORNEYS IN THE COMMUNICATION INDUSTRY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,465,310

Investment Income $20,245

Other Revenue $25,000

TOTAL REVENUE $1,510,555

Expense Breakdown

Grants Paid $0

Salaries & Benefits $540,439

Fundraising Expenses $0

Other Expenses $791,933

TOTAL EXPENSES $1,332,372

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,510,555	$962,116	+0.6%
Expenses	$1,332,372	$845,812	+0.6%
Net Income	$178,183	$116,304	+0.5%

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

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

$207,791

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY J OHLSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
DIANE GRIFFIN HOLLAND	PRESIDENT ELECT	5.00	Officer Director	$0	$0	$0
MIA GUIZZETTI HAYES	SECRETARY	5.00	Director	$0	$0	$0
ERIN DOZIER	ASSISTANT SECRETARY	5.00	Officer Director	$0	$0	$0
KATHLEEN A KIRBY	TREASURER	5.00	Officer Director	$0	$0	$0
MATTHEW S DELNERO	ASSISTANT TREASURER	5.00	Director	$0	$0	$0
KERRY LOUGHNEY	EXECUTIVE DIRECTOR	40.00	Officer	$178,511	$29,280	$207,791
VAN BLOYS	TRUSTEE	5.00	Director	$0	$0	$0
DENNIS CORBETT	TRUSTEE	5.00	Director	$0	$0	$0
JAMESON DEMPSEY	TRUSTEE	5.00	Director	$0	$0	$0
SVETLANA GANS	TRUSTEE	5.00	Director	$0	$0	$0
PATRICK HALLEY	TRUSTEE	5.00	Director	$0	$0	$0
APRIL JONES	TRUSTEE	5.00	Director	$0	$0	$0
GRACE KOH	TRUSTEE	5.00	Director	$0	$0	$0
ADAM KRINSKY	TRUSTEE	5.00	Director	$0	$0	$0
CYNTHIA MILLER	TRUSTEE	5.00	Director	$0	$0	$0
JENNIFER SCHNEIDER	TRUSTEE	5.00	Director	$0	$0	$0
MEGAN ANNE STULL	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHANNA THOMAS	TRUSTEE	5.00	Director	$0	$0	$0
STEPHANIE WEINER	TRUSTEE	5.00	Director	$0	$0	$0
SANFORD WILLIAMS	TRUSTEE	5.00	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
2024	No data	No data	No data	No data
2023	$1,510,555	$1,332,372	$1,782,897	$178,183
2022	$962,116	$845,812	$1,325,099	$116,304
2021	$794,660	$749,189	$1,228,901	$45,471
2020	$1,047,028	$1,042,678	$1,147,686	$4,350
2019	$1,121,946	$1,051,944	$1,092,469	$70,002
2018	$1,115,792	$1,051,260	$990,530	$64,532

FEDERAL COMMUNICATIONS BAR ASSOCIATION