Atlantic County Bar Association Foundati
Nonprofit profile at a glance
- EIN
- 222327187
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Atlantic City, NJ, USA
- Phone
- 6093453444
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,739
- Expenses
- $3,470
- Assets
- $6,428
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Tamara Lamb (Executive Director)
People named in this filing
- Tamara Lamb (Executive Director)
- Scott Sherwood (Trustee)
- Adam Walcoff (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To grant scholarships to eligible students pursuing a career in the law.
What it reported doing in 2024
Scholarships are granted to qualifying individuals who are/will be pursuing a career in the law.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.2%; rating input score 42
- Program expense ratio: 57.6%; rating input score 58
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.8% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -2.8% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -13% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 42.2% of revenue deployed · 57.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.