FEDERAL BAR ASSOCIATION - NEW ORLEANS (EIN 721246027) - Form 990 Financial Analysis & Trantor Score

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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

1937

Legal Domicile

Principal Officer

LAWRENCE J CENTOLA III

Phone

5045897990

Tax Period

2024-10-01 to 2025-09-30

FEDERAL BAR ASSOCIATION - NEW ORLEANS, founded in 1937, is a small nonprofit that reported $257K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE ASSOCIATION IS TO STRENGTHEN THE FEDERAL LEGAL SYSTEM AND ADMINISTRATION OF JUSTICE BY SERVING THE INTERESTS AND THE NEEDS OF THE FEDERAL PRACTITIONER, BOTH PUBLIC AND PRIVATE, THE FEDERAL JUDICIARY AND THE PUBLIC THEY SERVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $132,328

Program Service Revenue $110,895

Investment Income $13,754

Other Revenue $0

TOTAL REVENUE $256,977

Expense Breakdown

Grants Paid $1,900

Salaries & Benefits $89,534

Fundraising Expenses $0

Program Expenses $172,071

Other Expenses $182,117

TOTAL EXPENSES $273,551

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,977	$224,905	+0.1%
Expenses	$273,551	$278,076	0.0%
Net Income	$-16,574	$-53,171	-0.7%

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

175

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

$59,583

Total Directors

$59,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE SKRMETTA	Executive Dir.	40.00	Officer Director	$59,583	$0	$59,583
BRIAN CAPITELLI	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
HON SUSIE MORGAN	President	10.00	Officer Director	$0	$0	$0
HON JANIS VAN MEERVELD	REC. SECRETARY	5.00	Officer Director	$0	$0	$0
LAWRENCE J CENTOLA III	Treasurer	5.00	Officer Director	$0	$0	$0
HON JANE TRICHE MILAZZO	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
M DAVIS READY	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA COOPER	YOUNG LAW. REP	5.00	Officer Director	$0	$0	$0
KEVIN M MCGLONE	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW S ALMON	BOARD MEMBER	1.00	Director	$0	$0	$0
PHIL ANTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
COLIN B CAMBRE	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN C GASPARIAN	MEMBER. CHAIR	5.00	Officer Director	$0	$0	$0
BRIAN D KATZ	BOARD MEMBER	1.00	Director	$0	$0	$0
HON LYLE W CAYCE	BOARD MEMBER	1.00	Director	$0	$0	$0
VANESSA BEARY	BOARD MEMBER	1.00	Director	$0	$0	$0
ZOE VERMEULEN	BOARD MEMBER	1.00	Director	$0	$0	$0
M PALMER LAMBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
HON NANNETTE JOLIVETTE BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE M CALOGERO	BOARD MEMBER	1.00	Director	$0	$0	$0
CORY R CAHN	BOARD MEMBER	1.00	Director	$0	$0	$0
HON MEREDITH S GRABILL	BOARD MEMBER	1.00	Director	$0	$0	$0
IAN ATKINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN M BALLAY	BOARD MEMBER	1.00	Director	$0	$0	$0
ALIDA C HAINKEL	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARONDA R WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
HON DARREL J PAPILLION	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAUDE J KELLY III	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW MOELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
CAREY L MENASCO	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN J HAEDICKE	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANA MERCER	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN S FORESTER	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN GA MYERS	BOARD MEMBER	1.00	Director	$0	$0	$0
HON MICHAEL NORTH	BOARD MEMBER	1.00	Director	$0	$0	$0
SARA A JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE FORNIAS GIARRUSSO	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER M MANSFILED	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT L STERNBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANA COLE SURPRENANT	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES WASHINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
HON WENDY B VITTER	BOARD MEMBER	1.00	Director	$0	$0	$0
HON KELLY MCNEIL LEGIER	BOARD MEMBER	1.00	Director	$0	$0	$0
HON CAROL L MICHEL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSSON L MILLS	BOARD MEMBER	1.00	Director	$0	$0	$0
CAYCE PETERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM M ROSS	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY E THEARD	BOARD MEMBER	1.00	Director	$0	$0	$0
J CHRISTOPHER ZAINEY JR	BOARD MEMBER	1.00	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
2025	$256,977	$273,551	$348,805	$-16,574
2024	$224,905	$278,076	$356,012	$-53,171

FEDERAL BAR ASSOCIATION - NEW ORLEANS