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Nonprofiteer
← FEDERAL COMMUNICATIONS BAR ASSOCIATION FOUNDATION

Form 990 for tax year 2024

Filed by FEDERAL COMMUNICATIONS BAR ASSOCIATION FOUNDATION.

Totals

Total revenue
$613,981
Total expenses
$599,887
Contributions and grants received
$433,783
Grants paid
$326,000
Program service revenue
$0
Investment income
$58,530
Other revenue
$121,668
Total assets, end of year
$1,121,019
Total liabilities, end of year
$719,400
Net assets or fund balances, end of year
$401,619
Program services expenses (Part IX)
$411,106
Management and general expenses
$183,851
Fundraising expenses
$4,930
Program service expenses (Part III)
$411,106

Program services were 68.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $5,450

  • 1f · All other contributions, gifts and grants

    $428,333

  • 1g · Noncash contributions included above

    $123,379

  • 3 · Investment income

    total $36,216 · excluded $36,216

  • 7a · Gross sales of assets other than inventory

    securities $63,314

  • 7b · Less cost or other basis and sales expenses

    securities $41,000

  • 7c · Gain or loss

    securities $22,314

  • 7d · Net gain or loss

    total $22,314 · excluded $22,314

  • 8a · Fundraising events: gross income

    $180,960

  • 8a · Fundraising events: contributions included on line 1c

    $5,450

  • 8b · Fundraising events: direct expenses

    $59,292

  • 8c · Net income from fundraising events

    total $121,668 · excluded $121,668

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $326,000 · program services $326,000

  • 7 · Other salaries and wages

    total $84,349 · management and general $84,349

  • 11c · Fees: accounting

    total $20,706 · management and general $20,706

  • 11g · Fees: other

    total $7,110 · management and general $7,110

  • 13 · Office expenses

    total $46,928 · program services $242 · management and general $46,686

  • 24a · Other expenses: CHARITABLE DONATIONS

    total $76,742 · program services $76,742

  • 24b · Other expenses: ADMINISTRATIVE FEES

    total $38,052 · program services $8,122 · management and general $25,000 · fundraising $4,930

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $251,358 · end of year $270,643

  • 4 · Accounts receivable

    beginning of year $11,000 · end of year $13,965

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,998 · end of year $14,999

  • 15 · Other assets

    beginning of year $783,444 · end of year $821,412

  • 17 · Accounts payable and accrued expenses

    beginning of year $274,144 · end of year $314,871

  • 25 · Other liabilities

    beginning of year $431,638 · end of year $404,529

  • 27 · Net assets without donor restrictions

    beginning of year $211,407 · end of year $251,958

  • 28 · Net assets with donor restrictions

    beginning of year $141,611 · end of year $149,661

Mission and programs · 2024

Mission

TO SUPPORT WORTHWHILE COMMUNICATIONS-RELATED AND EDUCATIONAL PROJECTS, AS WELL AS OTHER COMMUNITY SERVICE PROJECTS, PARTICULARLY THOSE DIRECTED TOWARDS CHILDREN AND STUDENTS, THROUGH FINANCIAL CONTRIBUTIONS AND THROUGH VOLUNTEER SERVICES PROVIDED BY FOUNDATION MEMBERS AND OTHERS. ALSO TO FOSTER GREATER PUBLIC AWARENESS AND UNDERSTANDING OF THE DEVELOPMENT OF COMMUNICATIONS TECHNOLOGY, RESOURCES AND LAW.

Activities or mission (Part I)

TO SUPPORT WORTHWHILE COMMUNICATIONS-RELATED AND EDUCATIONAL PROJECTS, AS WELL AS OTHER COMMUNITY SERVICE PROJECTS, PARTICULARLY THOSE DIRECTED TOWARDS CHILDREN AND STUDENTS, THROUGH FINANCIAL CONTRIBUTIONS AND THROUGH VOLUNTEER SERVICES PROVIDED BY FOUNDATION MEMBERS AND OTHERS. ALSO TO FOSTER GREATER PUBLIC AWARENESS AND UNDERSTANDING OF THE DEVELOPMENT OF COMMUNICATIONS TECHNOLOGY, RESOURCES, AND LAW.

  • ASSISTING WORTHWHILE COMMUNITY SERVICE ORGANIZATIONS THROUGH FINANCIAL CONTRIBUTIONS AND VOLUNTEER SERVICES.

    Expenses $41,111

  • TO SUPPORT EDUCATIONAL ENDEAVORS, PROGRAMS AND OPPORTUNITIES RELATING TO COMMUNICATIONS LAW AND TECHNOLOGY.

    Expenses $369,995 · Grants $326,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Van Bloys

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Karen Sprung

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jacqueline Clary

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Kristine Hackman

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Angela Demahy

    DEPUTY TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Kerry Loughney

    EXECUTIVE DIRECTOR

    Total calculated
    $226,285
    From this org
    $0
    From related orgs
    $226,285
    Other
    $0
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,097 related
    Bonus
    $0
    Other
    $0 + $26,188 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $226,285 related

  • Angela Ball

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Crystal Evans

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • David Grossman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jamile Kadre

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Angela Kung

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Nicol Turner-Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Danielle Thumann

    TREASURER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
5 May 2026
IRS schema version
2024v5.5
Source object
202601269349301700

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