National Court Reporters Foundation
- Assets
- $991.3k
- Revenue
- $248.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 03/1982
- Data as of
- 12/2023
- EIN
- 54-1153729
Organization Overview
National Court Reporters Foundation is located in Reston, VA. The organization was established in 1982. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Court Reporters Foundation 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 Court Reporters Foundation generated $248.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $173.6k during the year ending 12/2023. 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 NATIONAL COURT REPORTERS FOUNDATION SUPPORTS THE REPORTING AND CAPTIONING PROFESSION THROUGH PHILANTHROPIC ACTIVITIES FUNDED THROUGH CHARITABLE CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL PROJECTS:PROJECTS WHICH EXAMINE SPECIAL ISSUES IN THE FIELD OF COURT REPORTING AND CAPTIONING. THESE PROJECTS HELP THE FOUNDATION'S RELATED PROFESSIONAL MEMBERSHIP ASSOCIATION ADVANCE THE PROFESSIONALISM AND TECHNOLOGY OF COURT REPORTING AND CAPTIONING.
RESOURCE CENTER:THE ROBERT H. CLARK LIBRARY IS THE CENTRAL REPOSITORY FOR BOOKS, REPORTS, JOURNALS, AND ARTIFACTS PERTAINING TO ALL ASPECTS OF THE COURT REPORTING AND CAPTIONING INDUSTRY.
PUBLIC EDUCATION:NCRF INTERACTS WITH JUDICIAL AND PUBLIC GROUPS AND LAW SCHOOLS TO FOSTER MUTUALLY BENEFICIAL EXCHANGE OF IDEAS AND TO UPDATE AND EDUCATE THEM ON THE BENEFITS OF COURT REPORTING AND CAPTIONING TECHNOLOGY, THROUGH THE LEGAL EDUCATION FOR LAW STUDENTS, ATTORNEYS AND JUDGES.IN SPRING 2023, NCRF LAUNCHED THE MONTHLY ASK ME ANYTHING ZOOMUP LEARNING SERIES AS AN INTERACTIVE WAY TO REACH / TEACH THE NCRA MEMBERSHIP. EACH AMA EVENT FEATURED PANELISTS WHO ARE SUBJECT AREA EXPERTS. REGISTRANTS COULD ENTER QUESTIONS WHEN SIGNING UP FOR EACH ZOOMUP OR ASK IN ZOOM CHATS. COVERAGE ARTICLES PROVIDED RECAPS TO READERS AND A CHANCE TO WATCH EACH AMA.OUR ORAL HISTORIES PROJECT, DONE IN CONJUNCTION WITH THE LIBRARY OF CONGRESS VETERANS HISTORY PROJECT, WHERE WE FACILITATE THE TRANSCRIPTION OF VETERANS ORAL HISTORIES INTO ELECTRONIC TEXT TO PRESERVE HISTORY AND TO PROVIDE A SEARCHABLE DATABASE.NCRF'S STUDENT AND NEW REPORTER/CAPTIONER INITIATIVES PROGRAM PROVIDES MEMBERSHIP IN THE RELATED PROFESSIONAL MEMBERSHIP ASSOCIATION IN RETURN FOR TRANSCRIBING ORAL HISTORIES, THEREBY PROVIDING STUDENTS WITH THE EDUCATIONAL OPPORTUNITIES AND BENEFITS OF MEMBERSHIP.NCRF'S CART SERVICES PROGRAM SUPPORTS THE CART COMMUNITY BY PROVIDING DEAF AND HARD-OF-HEARING ORGANIZATIONS WITH A GRANT FOR CART PROVIDERS.NCRF'S CAREER LAUNCHER PROGRAM PROVIDES EDUCATION FOR STUDENTS AND NEW WORKING REPORTERS AND CAPTIONERS ON PROFESSIONALISM, BRANDING, AND BUSINESS DEVELOPMENT.
STUDENT AND NEW REPORTER/CAPTIONER INITIATIVES:NCRF AWARDS SCHOLARSHIPS AND GRANTS ANNUALLY TO SUPPORT THE PROFESSION'S FUTURE. CASH AWARDS ARE GIVEN TO STUDENTS AND NEW REPORTERS AND CAPTIONERS WHO MEET SPECIFIC CRITERIA AND EXEMPLIFY PROFESSIONAL QUALITIES OF OUTSTANDING REPORTERS AND CAPTIONERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie A Peters Chair (jun22-Jun23) | OfficerTrustee | 4 | $0 |
R Douglas Friend Chair (jun23-Jun25) | OfficerTrustee | 4 | $0 |
Meredith A Bonn Chair Elect (jun23-Jun 25) | OfficerTrustee | 2 | $0 |
Cindy L Isaacsen Secretary-Treasurer (jan22-Jun23) | OfficerTrustee | 4 | $0 |
Cathy Penniston Secretary-Treasurer (jan23-Jun 24) | OfficerTrustee | 4 | $0 |
Lance Boardman Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,749 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,749 |
| Total Program Service Revenue | $0 |
| Investment income | $11,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,612 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $24,000 |
| 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 | $68,841 |
| Pension plan accruals and contributions | $4,132 |
| Other employee benefits | $1,110 |
| Payroll taxes | $5,821 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,679 |
| Fees for services: Other | $3,336 |
| Advertising and promotion | $0 |
| Office expenses | $10,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,839 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,962 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $173,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,187 |
| Savings and temporary cash investments | $316,848 |
| 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 | $590 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $302,653 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $991,278 |
| Accounts payable and accrued expenses | $8,885 |
| 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 | $20,586 |
| Total liabilities | $29,471 |
| Net assets without donor restrictions | $877,049 |
| Net assets with donor restrictions | $84,758 |
| 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 | $991,278 |