National Bar Institute Inc
- Assets
- $2.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1983
- Data as of
- 12/2023
- 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 12/2023, National Bar Institute Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 23.9% 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
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Walter L Sutton Chair | OfficerTrustee | 5 | $0 |
Regina K Dillard Vice Chair | OfficerTrustee | 5 | $0 |
Sonya D Hoskins Secretary | OfficerTrustee | 5 | $0 |
Frank Seales Treasurer | OfficerTrustee | 10 | $0 |
Ashley L Upkins Nba Pres Elect | Trustee | 5 | $0 |
Cary L Hall Wealth Advisor | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,061 |
| Fundraising events | $0 |
| Related organizations | $1,493,290 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,657,422 |
| Total Program Service Revenue | $0 |
| Investment income | $377 |
| 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 | $1,657,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,214 |
| Grants and other assistance to domestic individuals. | $82,071 |
| 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 | $15,927 |
| Fees for services: Legal | $2,287 |
| Fees for services: Accounting | $9,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,351,235 |
| Advertising and promotion | $0 |
| Office expenses | $18,451 |
| Information technology | $7,805 |
| 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 | $20,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,786 |
| All other expenses | $0 |
| Total functional expenses | $1,698,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,764 |
| Savings and temporary cash investments | $723,952 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,730,935 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,677,651 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,677,651 |
| 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 | $2,677,651 |
Grants Awarded
Over the last fiscal year, National Bar Institute Inc has awarded $612,992 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL BAR ASSOCIATION COMMERCIAL LAW SECTION PURPOSE: TO PROMOTE KNOWLEDGE OF COMMERCIAL LAW | $597,992 |
NATIONAL BAR ASSOCIATION- CRUMP LAW CAMP PURPOSE: TO PROMOTE LEGAL EDUCATION | $15,000 |