HUNTSVILLE MADISON CO BAR ASSOCIATION

EIN: 630870603

HUNTSVILLE, AL

Total Revenue
$216,449
Total Expenses
$218,143
Total Assets
$201,641
Net Assets
$184,663
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AL
Phone
2562034900
Tax Period
2023-08-01 to 2024-07-31

HUNTSVILLE MADISON CO BAR ASSOCIATION, founded in 1993, is a small nonprofit that reported $223K in total revenue in fiscal year 2021. Expenses of $255K exceeded revenue, resulting in a 14% operating deficit.

Mission

To promote the practice of law through continuing legal education and commnity outreach

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,628
Program Service Revenue $18,530
Investment Income $5,030
Other Revenue $4,261
TOTAL REVENUE $216,449

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,356
Fundraising Expenses $0
Program Expenses $3,112
Other Expenses $109,787
TOTAL EXPENSES $218,143

Year-over-Year Comparison

2023 2022 Change
Revenue $216,449 $199,928 +0.1%
Expenses $218,143 $213,619 +0.0%
Net Income $-1,694 $-13,691 -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
15
Independent Members
15
Employees
2
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Holt President Elect 5.00
Officer
$0 $0 $0
Robin Drake Secretary 5.00
Officer
$0 $0 $0
Elena Moats Treasurer 5.00
Officer
$0 $0 $0
Rebekah McKinney President 15.00
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 $216,449 $218,143 $201,641 $-1,694
2022 $222,907 $254,599 $212,015 $-31,692
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