Mobile Bar Foundation Inc
- Assets
- $757.4k
- Revenue
- $64.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 63-1126189
Organization Overview
Mobile Bar Foundation Inc is located in Mobile, AL. The organization was established in 1995. According to its NTEE Classification (I51) the organization is classified as: Dispute Resolution & Mediation, 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. Mobile Bar Foundation 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, Mobile Bar Foundation Inc generated $64.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mobile Bar Foundation Inc has awarded 38 individual grants totaling $789,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PROGRAMS THAT IMPROVE THE LEGAL SYSTEM AND OTHERWISE PROMOTE THE BETTERMENT OF THE LEGAL PROFESSION AND BETTERMENT OF THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS WERE DONATED TO LEGAL SERVICES ALABAMA (LSA)- MOBILE, AL OFFICE TO ASSIST IN PROVIDING LEGAL SERVICES TO LOW-INCOME INDIVIDUALS. LSA PROVIDES CIVIL LEGAL AID AND PROMOTES COLLABORATION TO FIND SOLUTIONS TO PROBLEMS OF POVERTY.
FUNDS WERE DONATED TO ASSISTANCE LEAGUES OF MOBILE (2500), DWELL MOBILE (2500), LINVINN (2500) MOBILE INTERFAITH (2500)AND VETERANS COURT (5000). THESE FUNDS ARE TO BE USED AS NEEDED BY THE RESPECTIVE ORGANIZATIONS TO ACHIEVE THEIR PHILANTHROPIC PURPOSES.
FUNDS WERE DONATED TO THE SOUTH ALABAMA VOLUNTEER LAWYER PROGRAM TO ASSIST IN PROVIDING LEGAL SERVICES TO NEEDY INDIVIDUALS. THE GRANT MONEY IS ESSENTIAL TO SUPPORT OPERATING EXPENSES (I.E. RENT, INSURANCE, ACCOUNTING AND EQUIPMENT EXPENSES).
FUNDS WERE DONATED TO VIA COMMUNITY CENTER OF MOBILE TO ASSIST THEM IN CONTINUING THEIR PHILANTHROPIC PURPOSE TO SUPORT AND ASSIST SENIOR CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karlos F Finley President | Officer | $0 | |
John J Crowley Treasurer | Officer | $0 | |
Brandy O Hambright Secretary | Officer | $0 | |
Shelbonnie Coleman-Hall Director | Trustee | $0 | |
Brian Comer Director | Trustee | $0 | |
Sarah Dorger Vice Preside | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $43,174 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,215 |
| Total Program Service Revenue | $0 |
| Investment income | $21,511 |
| 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 | $64,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
| 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. | $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 | $5,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,392 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $726 |
| 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 | $191 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $56,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,763 |
| Savings and temporary cash investments | $453,136 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $297,457 |
| Total assets | $757,356 |
| 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 | $29,241 |
| Total liabilities | $29,241 |
| Net assets without donor restrictions | $0 |
| 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 | $728,115 |
| Total liabilities and net assets/fund balances | $757,356 |
Grants Awarded
Over the last fiscal year, Mobile Bar Foundation Inc has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH ALABAMA VOLUNTEER LAWYERS PRO PURPOSE: FREE LEGAL SERVICES | $12,500 |
LEGAL SERVICES OF ALABAMA PURPOSE: FREE LEGAL AID ASST | $12,500 |