National Court Reporters Foundation

EIN: 541153729 501(c)(3) Philanthropy & Grantmaking

Reston, VA

Total Revenue
$255,907
Total Expenses
$247,871
Total Assets
$1,072,167
Net Assets
$984,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
VA
Principal Officer
Daphne I Rothstein
Phone
7035566272
Tax Period
2024-01-01 to 2024-12-31

National Court Reporters Foundation, founded in 1980, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $256K in total revenue in fiscal year 2024. Expenses of $248K left a modest 3% surplus.

Mission

The National Court Reporters Foundation supports the court reporting and captioning professions through philanthropic activities funded through charitable contributions. The mission of the National Court Reporters Foundation (NCRF) is to advance the court reporting and captioning professions by supporting educational initiatives, fostering professional growth, and preserving the history of these vital fields. NCRF is dedicated to ensuring the continued excellence and accessibility of court reporting and captioning services for the benefit of the legal community and the broader public.

Program Service Accomplishments

Program 1
Expenses: $48,324

Special Projects:Projects which examine special issues in the field of court reporting and captioning. These projects help the Foundation's related professional membership association advance the...

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Special Projects:Projects which examine special issues in the field of court reporting and captioning. These projects help the Foundation's related professional membership association advance the professionalism and technology of court reporting and captioning.

Program 2
Expenses: $1,972

Public Education:NCRF interacts with judicial and public groups and law schools to foster mutually beneficial exchange of ideas and to update and educate them on the benefits of court reporting and...

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Public Education:NCRF interacts with judicial and public groups and law schools to foster mutually beneficial exchange of ideas and to update and educate them on the benefits of court reporting and captioning technology, through the legal education for law students, attorneys and judges.In spring 2023, NCRF launched the monthly Ask Me Anything ZoomUp learning series as an interactive way to reach / teach the NCRA membership. Each AMA event featured panelists who are subject area experts. Registrants could enter questions when signing up for each ZoomUp or ask in Zoom chats. Coverage articles provided recaps to readers and a chance to watch each AMA.Our Oral Histories Project, done in conjunction with the Library of Congress Veterans History Project, where we facilitate the transcription of veterans oral histories into electronic text to preserve history and to provide a searchable database.NCRF's student and new reporter/captioner initiatives program provides membership in the related professional membership association in return for transcribing oral histories, thereby providing students with the educational opportunities and benefits of membership.NCRF's CART services program supports the CART community by providing deaf and hard-of-hearing organizations with a grant for CART providers.NCRF's Career Launcher program provides education for students and new working reporters and captioners on professionalism, branding, and business development.

Program 3
Expenses: $116,264

Student and New Reporter/Captioner Initiatives:NCRF awards scholarships and grants annually to support the profession's future. Cash awards are given to students and new reporters and captioners who...

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Student and New Reporter/Captioner Initiatives:NCRF awards scholarships and grants annually to support the profession's future. Cash awards are given to students and new reporters and captioners who meet specific criteria and exemplify professional qualities of outstanding reporters and captioners.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $229,997
Program Service Revenue $0
Investment Income $22,735
Other Revenue $3,175
TOTAL REVENUE $255,907

Expense Breakdown

Grants Paid $68,466
Salaries & Benefits $86,413
Fundraising Expenses $58,394
Program Expenses $166,560
Other Expenses $92,992
TOTAL EXPENSES $247,871

Year-over-Year Comparison

2024 2023 Change
Revenue $255,907 $248,478 +0.0%
Expenses $247,871 $173,628 +0.4%
Net Income $8,036 $74,850 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
105

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
4
$304,000
Total Directors
12
$304,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Doug Friend Chair 4.00
Officer Director
$0 $0 $0
Meredith Bonn Chair Elect 4.00
Officer Director
$0 $0 $0
Stacey Potenza Secretary-Treasurer 2.00
Officer Director
$0 $0 $0
Lance Boardman Trustee 4.00
Director
$0 $0 $0
Rich Germosen Trustee 4.00
Director
$0 $0 $0
Patricia Graves Trustee 2.00
Director
$0 $0 $0
Andrea Kreutz Trustee 2.00
Director
$0 $0 $0
Linda McSwain Trustee 2.00
Director
$0 $0 $0
Early Langley Trustee 2.00
Director
$0 $0 $0
Sandra Narup Trustee 2.00
Director
$0 $0 $0
Karen Tyler Trustee 2.00
Director
$0 $0 $0
Dave Wenhold Executive Director 2.00
Officer Director
$0 $0 $304,000
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 $255,907 $247,871 $1,072,167 $8,036
2023 $248,478 $173,628 $991,278 $74,850
2022 $238,928 $159,933 $905,303 $78,995
2021 $241,762 $113,882 $874,918 $127,880
2020 $169,662 $95,727 $711,089 $73,935
2019 $145,511 $167,439 $614,745 $-21,928
2018 $368,720 $217,825 $626,684 $150,895
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