Civic Intelligence

Pa Lawyers Fund for Client Security

990 • Fiscal year 2018 • EIN 22-2436398

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 17, 2018

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

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Net Margin

12th percentile

-21%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$145,230

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Asset Growth

15th percentile

-8.7%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-13%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,891,055

Down $941,869 (-8.7%) from 2017

Net Assets

Down

$9,890,146

Down $941,889 (-8.7%) from 2017

Liabilities

Up

$909

Up $20 (+2.2%) from 2017

Revenue

Down

$5,443,070

Down $796,678 (-13%) from 2017

Expenses

Up

$6,608,235

Up $2,612,710 (+65%) from 2017

Net Income

Down

-$1,165,165

Down $3,409,388 (-152%) from 2017

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

2018

Assets$9,891,055
Liabilities$909
Net Assets$9,890,146

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

2018

Revenue$5,443,070
Expenses$6,608,235
Net Income-$1,165,165
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 17, 2018
Return Version
2017v2.3
Gross Receipts
$5,443,070
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$5,507,758$5,731,049▲ $223,291
Savings and Temporary Cash Investments$5,172,855$4,046,567▼ $1,126,288
Cash and Non-Interest-Bearing Accounts$152,311$113,439▼ $38,872
Total Assets$10,832,924$9,891,055▼ $941,869
Liabilities
Other Liabilities$889$909▲ $20
Total Liabilities$889$909▲ $20
Net Assets / Fund Balance
Unrestricted Net Assets$10,832,035$9,890,146▼ $941,889
Total Net Assets Fund Balance$10,832,035$9,890,146▼ $941,889
Total Liabilities and Net Assets / Fund Balance$10,832,924$9,891,055▼ $941,869
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathryn Peifer Morgan EsquireExec DirectoFT$145,230$145,230
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,402,735
Investment Income
$40,335
Other Revenue
$0
Change in Net Assets
$-1,165,165

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,443,070
Revenue Not Reported on Form 990
$223,276
Total Revenue per Audited Statements
$5,666,346
Total Revenue per Form 990
$5,443,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,357,518
Salaries, Compensation, and Employee Benefits$250,717
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-$145,230-$145,230
Other Salaries and Wages-$61,800-$61,800
Fees for Services Legal-$41,324-$41,324
Occupancy-$40,966-$40,966
Fees for Service Investment Mgmnt Fees-$36,469-$36,469
Office Expenses-$24,707-$24,707
Payroll Taxes-$15,413-$15,413
Pension Plan Contributions-$14,523-$14,523
Conferences and Meetings-$14,166-$14,166
Other Employee Benefits-$13,751-$13,751
All Other Expenses-$11,472-$11,472
Travel-$8,551-$8,551
Fees for Services Accounting-$8,385-$8,385
Other Expenses$363,765$5,464-$5,464
Insurance-$746-$746
Total Functional Expenses$6,122,457$485,778$0$6,608,235

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,608,235
Total Expenses per Audited Statements$6,608,235
Total Expenses per Form 990$6,608,235
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$563
Federal and State Payroll Taxes$245
Lst Tax$72
Accrued Unemployment Taxes-state$29
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
Exec Director
Phone
7172319510
Signed
2018-09-17
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 Cpas
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

Unrealized gain/loss on investments is 223,276.

Raw XML Appendix354 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOCAL PAYROLL TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FEDERAL AND STATE PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LST TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED UNEMPLOYMENT TAXES-STATE
IRS990ScheduleD/RevenueNotReportedAmt0223276
IRS990ScheduleD/RevenueSubtotalAmt05443070
IRS990ScheduleD/TotalExpensesPerForm990Amt06608235
IRS990ScheduleD/TotalLiabilityAmt0909
IRS990ScheduleD/TotalRevenuePerForm990Amt05443070
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05666346
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06608235
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/ExplanationTxt7UNREALIZED GAIN/LOSS ON INVESTMENTS IS 223,276.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010832924
IRS990/TotalAssetsEOYAmt09891055
IRS990/TotalAssetsGrp/BOYAmt010832924
IRS990/TotalAssetsGrp/EOYAmt09891055
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0485778
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06122457
IRS990/TotalFunctionalExpensesGrp/TotalAmt06608235
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0889
IRS990/TotalLiabilitiesEOYAmt0909
IRS990/TotalLiabilitiesGrp/BOYAmt0889
IRS990/TotalLiabilitiesGrp/EOYAmt0909
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010832035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09890146
IRS990/TotalProgramServiceExpensesAmt06122457
IRS990/TotalProgramServiceRevenueAmt05402735
IRS990/TotalReportableCompFromOrgAmt0145230
IRS990/TotalRevenueGrp/ExclusionAmt040335
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05402735
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05443070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010832924
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09891055
IRS990/TravelGrp/ManagementAndGeneralAmt08551
IRS990/TravelGrp/TotalAmt08551
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010832035
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09890146
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 62585
IRS990/USAddress/CityNm0HARRISBURG
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd0171062585
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PALAWFUND.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN PEIFER MORGAN ESQUIRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07172319510
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-17
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/AtSubmissionCreationDeviceId06377405A6F162A2A4AF8F1159335ADBB22A661CC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07B06CA037D543D166524CE179D1F18EAF9BB6224
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.73.16.40
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:55:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260006710
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GIFT CPAS
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/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW J SARTALIS CPA
ReturnHeader/ReturnTs02018-11-12T12:55:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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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
2018Detailed filing. Detailed filing data is available for this year.$9.89$0.00$9.89$5.44$6.61$1.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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