Civic Intelligence

Pa Lawyers Fund for Client Security

990 • Fiscal year 2017 • EIN 22-2436398

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2017

PO Box 62585Harrisburg, PA 17106-2585

(717) 231-9510

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Net Margin

75th percentile

36%

Higher net margin than 75% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$140,866

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Asset Growth

90th percentile

26%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

62%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$10,832,924

Up $2,220,310 (+26%) from 2016

Net Assets

Up

$10,832,035

Up $2,220,531 (+26%) from 2016

Liabilities

Down

$889

Down $221 (-20%) from 2016

Revenue

Up

$6,239,748

Up $2,390,468 (+62%) from 2016

Expenses

Down

$3,995,525

Down $1,260,194 (-24%) from 2016

Net Income

Up

$2,244,223

Up $3,650,662 (+260%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $11,140,226Liabilities 2011: $62Net Assets 2011: $11,140,1642011Assets 2012: $10,037,305Liabilities 2012: $886Net Assets 2012: $10,036,4192012Assets 2013: $11,542,832Liabilities 2013: $3,260Net Assets 2013: $11,539,5722013Assets 2014: $10,830,737Liabilities 2014: $3,350Net Assets 2014: $10,827,3872014Assets 2015: $10,905,505Liabilities 2015: $3,560Net Assets 2015: $10,901,9452015Assets 2016: $8,612,614Liabilities 2016: $1,110Net Assets 2016: $8,611,5042016Assets 2017: $10,832,924Liabilities 2017: $889Net Assets 2017: $10,832,0352017Assets 2018: $9,891,055Liabilities 2018: $909Net Assets 2018: $9,890,1462018Assets 2019: $9,719,215Liabilities 2019: $830Net Assets 2019: $9,718,3852019Assets 2020: $13,221,262Liabilities 2020: $849Net Assets 2020: $13,220,4132020Assets 2021: $17,924,755Liabilities 2021: $866Net Assets 2021: $17,923,8892021Assets 2022: $17,584,867Liabilities 2022: $3,298,830Net Assets 2022: $14,286,0372022Assets 2023: $20,253,703Liabilities 2023: $2,780,023Net Assets 2023: $17,473,6802023

Highlighted filing

2017

Assets$10,832,924
Liabilities$889
Net Assets$10,832,035

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $3,109,6412011Expenses 2012: $3,395,4852012Expenses 2013: $2,651,7142013Revenue 2014: $3,427,809Expenses 2014: $4,696,422Net Income 2014: -$1,268,6132014Revenue 2015: $3,485,067Expenses 2015: $3,282,521Net Income 2015: $202,5462015Revenue 2016: $3,849,280Expenses 2016: $5,255,719Net Income 2016: -$1,406,4392016Revenue 2017: $6,239,748Expenses 2017: $3,995,525Net Income 2017: $2,244,2232017Revenue 2018: $5,443,070Expenses 2018: $6,608,235Net Income 2018: -$1,165,1652018Revenue 2019: $4,093,478Expenses 2019: $4,590,125Net Income 2019: -$496,6472019Revenue 2020: $5,565,162Expenses 2020: $2,290,142Net Income 2020: $3,275,0202020Revenue 2021: $4,283,702Expenses 2021: $1,435,892Net Income 2021: $2,847,8102021Revenue 2022: $3,443,010Expenses 2022: $2,478,928Net Income 2022: $964,0822022Revenue 2023: $4,246,059Expenses 2023: $1,527,300Net Income 2023: $2,718,7592023

Highlighted filing

2017

Revenue$6,239,748
Expenses$3,995,525
Net Income$2,244,223
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$6,820,529
Mission and Program Overview

Mission

The organization was established by the supreme court of pennsylvania to reimburse clients who have suffered a loss of money or other property as a result of the dishonest conduct of pennsylvania attorneys. The fund is a remedy for clients who are unable to obtain reimbursement from other sources, such as third parties or the attorney involved.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,112,201$5,507,758▼ $604,443
Savings and Temporary Cash Investments$2,336,183$5,172,855▲ $2,836,672
Cash and Non-Interest-Bearing Accounts$164,230$152,311▼ $11,919
Total Assets$8,612,614$10,832,924▲ $2,220,310
Liabilities
Other Liabilities$1,110$889▼ $221
Total Liabilities$1,110$889▼ $221
Net Assets / Fund Balance
Unrestricted Net Assets$8,611,504$10,832,035▲ $2,220,531
Total Net Assets Fund Balance$8,611,504$10,832,035▲ $2,220,531
Total Liabilities and Net Assets / Fund Balance$8,612,614$10,832,924▲ $2,220,310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathryn Peifer Morgan EsquireEx. DirectorFT$140,866$140,866

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,779,325
Investment Income
$460,423
Other Revenue
$0
Change in Net Assets
$2,244,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,239,748
Revenue Not Reported on Form 990
$-23,692
Total Revenue per Audited Statements
$6,216,056
Total Revenue per Form 990
$6,239,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,748,969
Salaries, Compensation, and Employee Benefits$246,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$140,866-$140,866
Other Salaries and Wages-$61,043-$61,043
Other Expenses$346,443$42,964-$42,964
Fees for Service Investment Mgmnt Fees-$39,587-$39,587
Occupancy-$34,235-$34,235
Office Expenses-$21,085-$21,085
Pension Plan Contributions-$20,100-$20,100
All Other Expenses-$16,651-$16,651
Conferences and Meetings-$16,416-$16,416
Payroll Taxes-$14,914-$14,914
Other Employee Benefits-$9,633-$9,633
Fees for Services Accounting-$8,136-$8,136
Travel-$7,053-$7,053
Insurance-$679-$679
Total Functional Expenses$3,499,592$495,933$0$3,995,525

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,995,525
Total Expenses per Audited Statements$3,995,525
Total Expenses per Form 990$3,995,525
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Local Payroll Tax$547
Federal and State Payroll Taxes$238
Lst Tax$72
Accrued Unemployment Taxes-state$32
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

The pa supreme court is the governing body of the organiation.

Form 990, Page 6, Part VI, Line 11B

The governing body reads a copy of the form. If they notice a discrepency, the board addresses it with the preparer for clarification or correction as necessary.

Form 990, Page 6, Part VI, Line 12C

When the organization receives a claim involving a board member, those claims automatically go directly to the court. Those claims are not handled by the organization.

Form 990, Page 6, Part VI, Line 15A

The board has inquired similar organizations in other states about the compensation of their executive directors. The board reviews and approves the executive director's pay during a board meeting which is documented in the minutes. The board chair communicates the compensation directly to the organization's accountants.

Form 990, Page 6, Part VI, Line 15B

No other officers or key employees.

Form 990, Page 6, Part VI, Line 19

Financial statements are available on the organization's website. Other information is available upon request.

Filing and Contact Details

Filer

Filer Name
Pa Lawyers Fund for Client Security
EIN
22-2436398
Phone
7172319510
Address
PO BOX 62585, HARRISBURG, PA 17106-2585

Signing Officer

Name
Kathryn Peifer Morgan Esquire
Title
Ex. Director
Phone
7172319510
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Peifer Morgan Esquire
Formed
1982
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Gift & Associates LLC
Address
1205 MANOR DRIVE SUITE 100, MECHANICSBURG, PA 17055
Preparer
Andrew J Sartalis CPA
Phone
7177663555
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization was established by the supreme court of pennsylvania to reimburse clients who have suffered a loss of money or other property as a result of the dishonest conduct of pennsylvania attorneys. The fund is a remedy for clients who are unable to obtain reimbursement from other sources, such as third parties or the attorney involved.

Form 990, Part XI

Other changes in net assets is unrealized gain/(loss) on investments.

Form 990, Part XI, Line 9

Unrealized gain/loss on investments -23,692

Raw XML Appendix353 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/ExpensesSubtotalAmt03995525
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-23692
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1238
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOCAL PAYROLL TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FEDERAL AND STATE PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LST TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED UNEMPLOYMENT TAXES-STATE
IRS990ScheduleD/RevenueNotReportedAmt0-23692
IRS990ScheduleD/RevenueSubtotalAmt06239748
IRS990ScheduleD/TotalExpensesPerForm990Amt03995525
IRS990ScheduleD/TotalLiabilityAmt0889
IRS990ScheduleD/TotalRevenuePerForm990Amt06239748
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06216056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03995525
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS ESTABLISHED BY THE SUPREME COURT OF PENNSYLVANIA TO REIMBURSE CLIENTS WHO HAVE SUFFERED A LOSS OF MONEY OR OTHER PROPERTY AS A RESULT OF THE DISHONEST CONDUCT OF PENNSYLVANIA ATTORNEYS. THE FUND IS A REMEDY FOR CLIENTS WHO ARE UNABLE TO OBTAIN REIMBURSEMENT FROM OTHER SOURCES, SUCH AS THIRD PARTIES OR THE ATTORNEY INVOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PA SUPREME COURT IS THE GOVERNING BODY OF THE ORGANIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY READS A COPY OF THE FORM. IF THEY NOTICE A DISCREPENCY, THE BOARD ADDRESSES IT WITH THE PREPARER FOR CLARIFICATION OR CORRECTION AS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN THE ORGANIZATION RECEIVES A CLAIM INVOLVING A BOARD MEMBER, THOSE CLAIMS AUTOMATICALLY GO DIRECTLY TO THE COURT. THOSE CLAIMS ARE NOT HANDLED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD HAS INQUIRED SIMILAR ORGANIZATIONS IN OTHER STATES ABOUT THE COMPENSATION OF THEIR EXECUTIVE DIRECTORS. THE BOARD REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S PAY DURING A BOARD MEETING WHICH IS DOCUMENTED IN THE MINUTES. THE BOARD CHAIR COMMUNICATES THE COMPENSATION DIRECTLY TO THE ORGANIZATION'S ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO OTHER OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. OTHER INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER CHANGES IN NET ASSETS IS UNREALIZED GAIN/(LOSS) ON INVESTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNREALIZED GAIN/LOSS ON INVESTMENTS -23,692
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08612614
IRS990/TotalAssetsEOYAmt010832924
IRS990/TotalAssetsGrp/BOYAmt08612614
IRS990/TotalAssetsGrp/EOYAmt010832924
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0495933
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03499592
IRS990/TotalFunctionalExpensesGrp/TotalAmt03995525
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01110
IRS990/TotalLiabilitiesEOYAmt0889
IRS990/TotalLiabilitiesGrp/BOYAmt01110
IRS990/TotalLiabilitiesGrp/EOYAmt0889
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08611504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010832035
IRS990/TotalProgramServiceExpensesAmt03499592
IRS990/TotalProgramServiceRevenueAmt05779325
IRS990/TotalReportableCompFromOrgAmt0140866
IRS990/TotalRevenueGrp/ExclusionAmt041204
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06198544
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06239748
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08612614
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010832924
IRS990/TravelGrp/ManagementAndGeneralAmt07053
IRS990/TravelGrp/TotalAmt07053
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08611504
IRS990/UnrestrictedNetAssetsGrp/EOYAmt010832035
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PALAWFUND.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN PEIFER MORGAN ESQUIRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX. DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07172319510
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PA LAWYERS FUND FOR CLIENT SECURITY
ReturnHeader/Filer/BusinessNameControlTxt0PALA
ReturnHeader/Filer/EIN0222436398
ReturnHeader/Filer/PhoneNum07172319510
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 62585
ReturnHeader/Filer/USAddress/CityNm0HARRISBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0171062585
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08A68C7EE05A9A59CF92C5A2130B334C75DB3DDFE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03282F657E9C7F42750E28B08834462B939A9BEC1
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260006710
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GIFT & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01205 MANOR DRIVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MECHANICSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017055
ReturnHeader/PreparerPersonGrp/PhoneNum07177663555
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW J SARTALIS CPA
ReturnHeader/ReturnTs02017-11-21T14:42:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$2.78$17.5$4.25$1.53$2.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$3.30$14.3$3.44$2.48$0.96
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$0.00$17.9$4.28$1.44$2.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$0.00$13.2$5.57$2.29$3.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.72$0.00$9.72$4.09$4.59$0.50
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.89$0.00$9.89$5.44$6.61$1.17
2017Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$6.24$4.00$2.24
2016Detailed filing. Detailed filing data is available for this year.$8.61$0.00$8.61$3.85$5.26$1.41
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$3.49$3.28$0.20
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$3.43$4.70$1.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$0.00$11.5$2.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.00$10.0$3.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.00$11.1$3.11
Peer Organizations

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