Sarasota County Bar Association Inc

Nonprofit profile at a glance

EIN
591546854
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Sarasota, FL, USA
Phone
9418618180
Rating confidence
Limited

Official website

Reported finances

Revenue
$301,361
Expenses
$305,888
Assets
$596,204
Liabilities
$101,988

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

Leadership & pay

16 people listed

Executive titles in this filing

  • JACQULYN MACK-MAJKA (SOUTH COUNTY PRESIDENT)
  • TYLER STALL (YLD PRESIDENT)
  • AMANDA R KISON (IMM PAST PRESIDENT)
  • BRYAN KESSLER (PRESIDENT)
  • SARA CASTRO (PRESIDENT-ELECT)

Highest reported compensation

  • HOLLY L LIPPS (EXEC DIRECTOR): $113,878 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 mission of the sarasota county bar association, inc., is to serve our membership by advancing professionalism, promoting practice development, and fostering fellowship.

What it reported doing in 2024

Law and sarasota: a collaborative effort between the scba and the education channel, "law and sarasota" is a series of 30 minute televised programs, airing at least twenty times during a period of nine months about legal topics of interest to the citizens of sarasota. Scholarship program: in 2007, the scba created a scholarship fund in partnership with the community foundation of sarasota county to provide scholarships of up to $10,000 to qualified law students. Students are selected from Florida law schools by the scba. Eligibility is based on need, merit, and qualifying criteria. Candidates interview with area law firms and/or governmental agencies that have agreed to employ the student for 10 week summer internships. Once approved, successful applications are referred to the community foundation who awards the scholarship to the student's law school to further his/her legal education. Additionally, scba awarded a $3,000 scholarship to a booker law academy high school student.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating 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: 90
  • Accountability: 90
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.5%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 1.95; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 37.2%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $114K · 16 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Operating margin scored 35/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.