American Academy Of Matrimonial Lawyers
- Assets
- $3.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 06/1966
- Data as of
- 12/2023
- EIN
- 36-6127197
Organization Overview
American Academy Of Matrimonial Lawyers is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (I01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, American Academy Of Matrimonial Lawyers employed 3 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Academy Of Matrimonial Lawyers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, American Academy Of Matrimonial Lawyers generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY PROVIDES LEADERSHIP THAT PROMOTES THE HIGHEST DEGREE OF PROFESSIONALISM IN FAMILY LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: THE ACADEMY PROVIDES LEADERSHIP THAT PROMOTES THE HIGHEST DEGREE OF PROFESSIONALISM AND EXCELLENCE IN THE PRACTICE OF FAMILY LAW. THE CURRENT MEMBERSHIP CONSISTS OF ABOUT 1,600 FELLOWS IN 50 STATES.
PUBLICATIONS: THE ACADEMY PUBLISHES MONTHLY NEWSLETTERS AND SEND WEEKLY E-BLASTS TO MEMBERS, PROVIDING TIMELY ARTICLES BY FAMILY LAW EXPERTS AND KEEPING FELLOWS APPRISED OF CURRENT DEVELOPMENTS IN THE AREA OF FAMILY LAW.
MEETINGS: THE ACADEMY HOLDS TWO LARGE PROGRAMS EACH YEAR OFFERING THE HIGHEST QUALITY CONTINUING LEGAL EDUCATION, EXCITING MEMBER NETWORKING OPPORTUNITIES, PRODUCTIVE MEETINGS, AND CAMARADERIE WITH THE BEST FAMILY LAW PRACTITIONERS IN THE COUNTRY.
SEMINARS: THE ACADEMY ALSO HOLDS SMALLER TRAINING PROGRAMS PRESENTED BY EXPERTS IN ARBITRATION, MEDIATION, NEGOTIATION, COLLABORATIVE LAW, AS WELL AS TRAINING OFFERED TO FAMILY LAW ASSOCIATES COVERING TOPICS SUCH AS BUSINESS VALUATIONS, TAXATION, AND TRIAL PREPARATION ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Benjamin Stevens President | OfficerTrustee | 10 | $0 |
Laura Belleau President-Elect | OfficerTrustee | 5 | $0 |
Thomas Sasser 1st Vice President | OfficerTrustee | 7 | $0 |
Cassandra Chin 2nd Vice President | OfficerTrustee | 3 | $0 |
Leigh Kahn 2nd Vice President | OfficerTrustee | 3 | $0 |
Scott Mann 2nd Vice President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Loews Chicago Hotel Food, Beverage, Event Space, A/v Rental | 12/30/23 | $388,790 |
Ctf Bm Operations Ltd Food, Beverage, Event Space, A/v Rental | 12/30/23 | $284,760 |
Starkweather Association Services Llc Yourmembership Platform Support And Cons | 12/30/23 | $101,193 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,133,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,344,050 |
| Total Program Service Revenue | $1,177,150 |
| Investment income | $51,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$69,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,503,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,885 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,432 |
| Pension plan accruals and contributions | $19,337 |
| Other employee benefits | $61,170 |
| Payroll taxes | $26,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,759 |
| Fees for services: Accounting | $60,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,730 |
| Fees for services: Other | $340,887 |
| Advertising and promotion | $21,175 |
| Office expenses | $66,882 |
| Information technology | $102,851 |
| Royalties | $0 |
| Occupancy | $62,236 |
| Travel | $198,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $806,553 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,869 |
| Insurance | $17,127 |
| All other expenses | $0 |
| Total functional expenses | $2,471,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $937,238 |
| Savings and temporary cash investments | $859,562 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,839 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $225,670 |
| Net Land, buildings, and equipment | $34,879 |
| Investments—publicly traded securities | $1,400,146 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,995 |
| Total assets | $3,595,329 |
| Accounts payable and accrued expenses | $67,377 |
| Grants payable | $0 |
| Deferred revenue | $1,445,691 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $466,559 |
| Total liabilities | $1,979,627 |
| Net assets without donor restrictions | $1,615,702 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,595,329 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Matrimonial Lawyers Chicago, IL | $3,595,329 | $2,503,525 |
Silverleaf Sexual Trauma Recovery Services Inc Elizabethtown, KY | $2,212,116 | $2,008,539 |
Chicago Jobs Council Chicago, IL | $1,548,331 | $1,142,218 |
Louisville Metro Police Foundation Inc Louisville, KY | $2,349,376 | $1,894,426 |
Gun Violence Prevention Action Committee Chicago, IL | $71,190 | $317,428 |
Vermilion County Child Advocacy Center Danville, IL | $142,106 | $251,057 |
Promoting Awareness Victim Empowerment Chicago, IL | $66,519 | $0 |
Casa Of Carroll Grant And Owen Counties Owenton, KY | $28,732 | $0 |
Restore Justice Illinois Evanston, IL | $43,508 | $0 |
The Police Foundation Of Paducah- Mccracken County Inc Paducah, KY | $22,389 | $0 |
Unity Partnership Nfp Naperville, IL | $1,842 | $2,000 |
Missing And Not Forgotten Spencer, IN | $0 | $500 |