National Bar Institute Inc
- Assets
- $2.8m
- Revenue
- $939.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1983
- Data as of
- 12/2021
- EIN
- 52-1275633
Organization Overview
National Bar Institute Inc is located in Washington, DC. The organization was established in 1983. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Bar Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, National Bar Institute Inc generated $939.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $820.9k during the year ending 12/2021. While expenses have increased by 18.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NBI PROVIDES FOR ITS MEMBERS IN A WAY THAT IS CONSISTENT WITH THE NATIONAL BAR ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR MEMBERS IN A WAY THAT IS CONSISTENT WITH THE PURPOSE OF JOINING THE NATIONAL BAR AND THE PROMOTION OF THE SCIENCE OF JURISPRUDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Sutton Chair | OfficerTrustee | 20 | $0 |
Sonya Hoskins Secretary | OfficerTrustee | 10 | $0 |
Frank Seales Treasurer | OfficerTrustee | 20 | $0 |
Regina Dillard Vice Chair | OfficerTrustee | 10 | $0 |
Lonita Baker Pres Elect | Trustee | 2 | $0 |
Daryl Parks Dir | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,168 |
| Fundraising events | $0 |
| Related organizations | $20,049 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $777,399 |
| Total Program Service Revenue | $0 |
| Investment income | $162,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $939,755 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $582,986 |
| Grants and other assistance to domestic individuals. | $86,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,714 |
| Advertising and promotion | $0 |
| Office expenses | $33,581 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,000 |
| Interest | $0 |
| Payments to affiliates | $46,516 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $820,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,135 |
| Savings and temporary cash investments | $577,263 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,110 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,659,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,679 |
| Total assets | $2,822,303 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $91 |
| Total liabilities | $91 |
| Net assets without donor restrictions | $2,822,212 |
| 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 | $2,822,303 |
Grants Awarded
Over the last fiscal year, National Bar Institute Inc has awarded $612,992 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO PROMOTE KNOWLEDGE OF COMMERCIAL LAW | $597,992 |
Washington, DC PURPOSE: TO PROMOTE LEGAL EDUCATION | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Bar Institute Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Justice Washington, DC | $17,240,703 | $26,093,136 |
Association Of Corporate Counsel Washington, DC | $26,319,803 | $22,303,593 |
American Immigration Lawyers Association Washington, DC | $35,415,252 | $13,567,003 |
National Association Of Criminal Defense Lawyers Inc Washington, DC | $10,321,957 | $8,784,105 |
Public Justice Foundation Washington, DC | $17,587,243 | $9,549,497 |
Association Of Corporate Counsel Washington, DC | $9,585,774 | $6,892,301 |
National Sheriffs Association Alexandria, VA | $2,506,645 | $6,054,968 |
National Court Reporters Assn Reston, VA | $9,901,369 | $5,357,808 |
National Association Of College And University Attorneys Washington, DC | $12,444,017 | $5,234,478 |
Commission On Accreditation For Law Enforcement Agencies Inc Gainesville, VA | $11,972,321 | $4,641,271 |
American Tort Reform Association Washington, DC | $2,998,842 | $4,616,837 |
Maryland State Bar Association Inc Baltimore, MD | $4,957,157 | $4,827,194 |