Indiana State Bar Association

Nonprofit profile at a glance

EIN
350411600
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Indianapolis, IN, USA
Phone
3176395465
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,953,196
Expenses
$2,882,940
Assets
$5,453,735
Liabilities
$2,563,184

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

40 people listed

Executive titles in this filing

  • HON TOM FELTS (PRESIDENT/PAST PRESIDENT)
  • MICHAEL JASAITIS (PRESIDENT ELECT/PRESIDENT)
  • JOHN MALEY (VICE PRESIDENT/PRESIDENT ELECT)
  • JACKIE PILLAR (COUNSEL TO THE PRESIDENT)
  • JUSTICE STEVEN DAVID RET (COUNSEL TO THE PRESIDENT)
  • JOSEPH SKEEL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOSEPH SKEEL (EXECUTIVE DIRECTOR): $223,461 total reported compensation
  • PAJE FELTS (LEGISLATIVE COUNSEL): $180,680 total reported compensation
  • SARAH BECK (DIRECTOR OF FINANCE & OPERATIONS): $109,758 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The association was formed to foster and advance the profession of law, to encourage and promote reform in the law, to cultivate the science of jurispredence, to secure the more efficient administration of justice, to endorse and encourage reforms in legislation, to encourage and advocate effective and thorough legal education, to encourage the continued education of the practicing lawyer, and to afford a means of social internation among the lawyers of the state of Indiana.

What it reported doing in 2024

Leadership development acadmey: the Indiana state bar association's leadership development academy is a program that develops lawyers to be informed, committed and involved so that they may be empowered as leaders throughout the Indiana community, local and state bar associations, and as role models in matters of ethics and professionalism.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 42
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.4%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.89; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 17.8%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -0.8% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 26 of 26 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $223K · 40 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.