MOBILE BAR ASSOCIATION (EIN 630754041) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

JUDGE JUDSON WELLS

Phone

2514339790

Tax Period

2024-01-01 to 2024-12-31

MOBILE BAR ASSOCIATION, founded in 1979, is a small nonprofit that reported $273K in total revenue in fiscal year 2018. Expenses of $235K left a modest 14% surplus.

Mission

TO ELEVATE THE LEGAL PROFESSION TO THE HIGHEST POSSIBLE STANDARDS, REGULATE ITS PRACTICE, AND PROVIDE CONTINUING LEGAL EDUCATION TO ITS MEMBERS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,303

Program Service Revenue $54,646

Investment Income $4,345

Other Revenue $0

TOTAL REVENUE $280,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $115,213

Fundraising Expenses $0

Other Expenses $100,568

TOTAL EXPENSES $215,781

Year-over-Year Comparison

	2024	2023	Change
Revenue	$280,294	$276,810	+0.0%
Expenses	$215,781	$305,001	-0.3%
Net Income	$64,513	$-28,191	-3.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDGE JUDSON WELLS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARY MARGARET BAILEY	PRESIDENT EL	N/A	Officer Director	$0	$0	$0
SID JACKSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MAXINE WALTERS	SECRETARY	N/A	Officer Director	$0	$0	$0
GORDON ARMSTRONG	TREASURER	N/A	Officer Director	$0	$0	$0
DAVID ANTHONY	ASSISTANT TR	N/A	Officer Director	$0	$0	$0
RAYMOND BELL	PAST PRESIDE	N/A	Director	$0	$0	$0
ANN FORBES	EXECUTIVE DI	N/A	Director	$0	$0	$0
ROBERT ALEXANDER	BOARD MEMBER	N/A	Director	$0	$0	$0
JON MACKLEM	BOARD MEMBER	N/A	Director	$0	$0	$0
CAT KIRKLAND	BOARD MEMBER	N/A	Director	$0	$0	$0
EVAN PARROTT	BOARD MEMBER	N/A	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	$280,294	$215,781	$240,852	$64,513
2023	$276,810	$305,001	$175,445	$-28,191
2022	$206,824	$202,611	$201,462	$4,213
2021	$235,574	$194,715	$194,772	$40,859
2020	$167,570	$251,575	$155,677	$-84,005
2019	$299,478	$280,013	$237,552	$19,465
2018	$272,781	$234,544	$217,751	$38,237

MOBILE BAR ASSOCIATION