Civic Intelligence

National Court Reporters Association

990 • Fiscal year 2014 • EIN 36-2213239

Oct 01, 2013 to Sep 30, 2014 • Filed on Jun 16, 2015

8224 Old Courthouse Road22182

(703) 556-6272

Siviq Scores

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

Liabilities / Assets

64th percentile

0.37x

Higher debt load relative to assets than 64% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.30x

Higher debt load relative to revenue than 47% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Net Margin

9th percentile

-13%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

50th percentile

$250,079

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Asset Growth

3rd percentile

-21%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$5,665,781

Down $1,467,657 (-21%) from 2013

Net Assets

Down

$3,587,677

Down $912,388 (-20%) from 2013

Liabilities

Down

$2,078,104

Down $555,269 (-21%) from 2013

Revenue

$6,855,590

No earlier filing loaded for comparison.

Expenses

Up

$7,739,410

Up $201,266 (+2.7%) from 2013

Net Income

-$883,820

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $7,941,125Liabilities 2011: $2,648,198Net Assets 2011: $5,292,9272011Assets 2013: $7,133,438Liabilities 2013: $2,633,373Net Assets 2013: $4,500,0652013Assets 2014: $5,665,781Liabilities 2014: $2,078,104Net Assets 2014: $3,587,6772014Assets 2015: $7,544,559Liabilities 2015: $2,152,384Net Assets 2015: $5,392,1752015Assets 2016: $7,385,396Liabilities 2016: $2,520,477Net Assets 2016: $4,864,9192016Assets 2017: $8,190,434Liabilities 2017: $3,409,077Net Assets 2017: $4,781,3572017Assets 2018: $7,827,767Liabilities 2018: $3,557,737Net Assets 2018: $4,270,0302018Assets 2019: $8,564,877Liabilities 2019: $3,399,137Net Assets 2019: $5,165,7402019Assets 2020: $9,322,016Liabilities 2020: $3,028,793Net Assets 2020: $6,293,2232020Assets 2022: $7,821,833Liabilities 2022: $2,543,109Net Assets 2022: $5,278,7242022Assets 2024: $8,042,258Liabilities 2024: $2,258,342Net Assets 2024: $5,783,9162024

Highlighted filing

2014

Assets$5,665,781
Liabilities$2,078,104
Net Assets$3,587,677

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $7,730,9672011Expenses 2013: $7,538,1442013Revenue 2014: $6,855,590Expenses 2014: $7,739,410Net Income 2014: -$883,8202014Revenue 2015: $9,288,564Expenses 2015: $7,048,092Net Income 2015: $2,240,4722015Revenue 2016: $5,769,432Expenses 2016: $6,608,124Net Income 2016: -$838,6922016Revenue 2017: $5,926,647Expenses 2017: $6,156,960Net Income 2017: -$230,3132017Revenue 2018: $5,722,957Expenses 2018: $5,628,675Net Income 2018: $94,2822018Revenue 2019: $5,469,904Expenses 2019: $5,053,298Net Income 2019: $416,6062019Revenue 2020: $5,024,077Expenses 2020: $4,504,643Net Income 2020: $519,4342020Revenue 2022: $4,515,803Expenses 2022: $5,143,730Net Income 2022: -$627,9272022Revenue 2024: $4,604,211Expenses 2024: $4,927,151Net Income 2024: -$322,9402024

Highlighted filing

2014

Revenue$6,855,590
Expenses$7,739,410
Net Income-$883,820
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jun 16, 2015
Return Version
2013v4.0
Gross Receipts
$8,387,576
Mission and Program Overview

Mission

National court reporters association (ncra) promotes excellence among those who capture and convert the spoken word to text and is committed to supporting every member in achieving the highest level of professional expertise.

Ncra promotes excellence among those who capture and convert the spoken word to text and is committed to supporting every member in achieving the highest level of professional expertise.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,451,745$2,345,492▼ $106,253
Investments Other Securities$1,988,487$1,525,296▼ $463,191
Investments in Publicly Traded Securities$1,808,263$1,187,178▼ $621,085
Savings and Temporary Cash Investments$465,200$278,374▼ $186,826
Accounts Receivable$177,421$138,988▼ $38,433
Prepaid Expenses and Deferred Charges$167,632$130,324▼ $37,308
Inventories for Sale or Use$74,175$59,614▼ $14,561
Cash and Non-Interest-Bearing Accounts$515$515→ $0
Total Assets$7,133,438$5,665,781▼ $1,467,657
Liabilities
Deferred Revenue$987,087$965,565▼ $21,522
Mortgage Notes Payable Secured by Investment Property$713,963$639,468▼ $74,495
Accounts Payable and Accrued Expenses$932,323$473,071▼ $459,252
Total Liabilities$2,633,373$2,078,104▼ $555,269
Net Assets / Fund Balance
Unrestricted Net Assets$4,500,065$3,587,677▼ $912,388
Total Net Assets Fund Balance$4,500,065$3,587,677▼ $912,388
Total Liabilities and Net Assets / Fund Balance$7,133,438$5,665,781▼ $1,467,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$974,539$1,683,369$2,657,908
Equipment$125,093$1,888,764$2,013,857
Land$1,245,860-$1,245,860
Other Securities$205,075--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James Cudahy CaeExecutive Director & CEOFT$197,927$48,598$246,525
Wendel R Stewart CaeSr Director, Fin & AdminFT$132,854$38,443$171,297
Christina LewellenSr Director, CommunicationsFT$116,534$23,797$140,331
Irene CahillDirector, Research and ItFT$108,933$9,775$118,708
Mark J GoldenFormer Executive Director-$116,976$116,976$116,976

Board Members and Trustees

NameTitle
Nancy C VaralloPresident (til Aug 2014)
Sarah E NageottePresident-elect (til Aug 2014)
Glyn PoageVice President (til Aug 2014)
Debbie DibbleDirector
Heidi C ThomasDirector
Karen G TeigDirector
Michele R YorkDirector
Sue a TerryDirector
Anne BowlineDirector (as of Aug 2014)
Jo Anne LegerDirector (as of Aug 2014)
Kerry a AndersonDirector (as of Aug 2014)
Rick E LevyDirector (as of Aug 2014)
Christine J WilletteDirector (til Aug 2014)
Nativa P WoodDirector (til Aug 2014)
TONI C O'NEILLDirector (til Aug 2014)
Doreen SuttonDirector (til of Aug 2014)
Tami KeenanImmediate Past Pres (til Aug 2014)
Stephen a ZinoneSecretary-treasurer (til Aug 2014)

Highest Paid Contractors

ContractorServicesLocationCompensation
Tate And TryonAccounting Services-$203,392
All CoveredInfo Technology Services-$189,569
Executive PublishingPublic Relations Services-$160,763
ProtecDatabase Management-$134,147
Professional Examination ServicesExam Services-$126,331
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,407,368
Investment Income
$311,283
Other Revenue
$136,939
Change in Net Assets
$-883,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,855,590
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-28,214
Total Revenue per Audited Statements
$6,827,376
Total Revenue per Form 990
$6,855,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,430,917
Salaries, Compensation, and Employee Benefits$3,275,493
Grants and Similar Amounts Paid$33,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,097,053
Conferences and Meetings---$776,410
Advertising---$646,136
Fees for Services Other---$481,621
Current Officers, Directors, Trustees, and Key Employees---$435,363
Other Employee Benefits---$401,344
Information Technology---$376,565
Office Expenses---$289,100
All Other Expenses---$282,932
Fees for Services Accounting---$214,064
Payroll Taxes---$191,360
Travel---$185,983
Depreciation Depletion---$165,563
Pension Plan Contributions---$150,373
Other Expenses---$137,815
Fees for Services Legal---$92,916
Insurance---$63,219
Occupancy---$43,457
Interest---$36,794
Grants to Domestic Orgs---$30,000
Fees for Service Investment Mgmnt Fees---$23,275
Fees for Services Lobbying---$12,500
Grants to Domestic Individuals---$3,000
Royalties---$525
Total Functional Expenses$0$0$0$7,739,410

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,739,764
Expenses per Audited Statements$7,739,410
Total Expenses per Form 990$7,739,410
Expenses Not Reported on Form 990$354
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
54-1153729-501(c)(3)Support for Programs$30,000
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$127,130
Political Expenditures$0
Section 527 Activity Spending$0
Total Nondeductible Lobbying and Political Cost$-1,092,482
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership in the association shall be open to individuals who subscribe to and support the purpose of the association and who meet the requirements for one of the classes of membership: participating members - persons who are skilled and primarily engaged in the verbatim stenographic reporting of proceeding by the use of symbols, manually or by stenographic machine, as an official court or legistlative reporter, freelance reporter, cart provider, or captioner. Registered members - any participating member who passes the registered professional reporter examination, the certified broadcast captioner examination, certified cart provider examination, or who was a professional member in good standing on july 21, 1993. Student members - any student confirmed to be enrolled in a verbatim stenographic reporting program or a scoping program. Honorary members - any person who attained high rank in the reporting profession as a practioner of the art of verbatim stenographic reporting, as an author of verbatim stenographic reporting literature, or as a benefactor of the profession, but who is not in the active practice of verbatim stenograpic reporting. Associate members - any participating or registered member in good standing on retiring from active practice of verbatim stenographic reporting. A teacher of verbatim stenographic reporting, or any one connected in an official capacity with a school or college conducting a verbatim stenographic reporting course. Such persons need not meet the requirements for skill in the art of reporting of proceedings. Any person seeking to become or who had been certified by the association as a legal video specialist (clvs). Any person interested in the preservation, support, and advancement of the field of verbatim stenographic reporting, but not actively engaged. All applicants must be endorsed by a voting member. Retired lifetime members - any participating or registered member in good standing who has paid participating or registered member dues for a period of thirty (30) consecutive years [twenty (20) consecutive years for those approved prior to july 21, 1993] and is no longer engaged in verbatim stenographic reporting.

Form 990, Part VI, Section A, Line 7A

The voting members shall elect the officers and directors at the annual meeting. Only registered members may hold an elective office. Only participating, registered and retired lifetime members may vote. The officers, president-elect, vice president, secretary-treasurer, shall be elected each year. The president-elect automatically becomes the president. The nine directors serve three year terms. There are three classes of three directors.

Form 990, Part VI, Section A, Line 7B

Some routine actions of the board of directors (dues increases, for example) must be approved by a vote of the membership. However, there is a special procedure under the constitution and bylaws whereby the members may petition and vote by a two-thirds majority to appeal and overturn any action or decision of the board of directors.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by tate & tryon cpas with the assistance of staff and reviewed by the association's legal counsel. A copy of the form 990 is then reviewed by the entire board of directors (and finance and planning subcommittee) before filing.

Form 990, Part VI, Section B, Line 12C

Annually, directors, officers and key employees prepare and sign conflict of interest statements that are reviewed by the board of directors. If a conflict of interest relates to a board matter, the board member recuses themself from the discussion and/or the vote and the minutes document the conflict of interest and the reason for the recusal.

Form 990, Part VI, Section B, Line 15

The board has a compensation committee that meets to review and approve the compensation policies and compensation plans for executive director and ceo. Officer and key employee compensation plans are also reviewed and compared to comparable market data, environmental conditions and other impactful criteria. In addition, outsourced compensation consultants are utilized to provide an independent assessment.

Form 990, Part VI, Section C, Line 19

The conflict of interest policy, constitution & bylaws and other governing documents are located on ncra's webpage at www.ncra.org. The association's annual audit and form 990 are also located on ncra's webpage. Additional information may be provided upon request.

Filing and Contact Details

Filer

EIN
36-2213239
Phone
7035566272

Signing Officer

Name
Wendel R Stewart Cae
Title
Interim Exec Director/CEO
Phone
7035566272
Signed
2015-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendel R Stewart Cae
Formed
1904
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
45
Volunteers
250

Preparer

Preparer
Frederick Longwood
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Membership 151,567. Government relations 117,649. Communications & website 82,122. Publication fees 61,587. Public affairs & strategic alignment 47,790. Administrative & finance 15,794. Executive department 5,112.

FORM 990, PART XI, LINE 9:

Loss on investment in ncra service corp -354.

FORM 990, PART XII, LINE 2C:

The audit oversight process has remained unchanged from the prior year.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from federal and state taxes other than on unrelated business income under section 501(c)(6) of the internal revenue code and the applicable provisions of the virginia tax regulations. However, the association generated taxable, unrelated business income during the years ended september 30, 2014 and 2013, related primarily to advertising associated with the jcr magazine and member directory. The association's tax returns are subject to review and examination by federal, state and local authorities. Tax returns for the fiscal years ended september 30, 2011, 2012 and 2013 are open to examination by federal, state and local authorities.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on investment in ncra service corp 354.

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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/ActivityOrMissionDesc0NCRA PROMOTES EXCELLENCE AMONG THOSE WHO CAPTURE AND CONVERT THE SPOKEN WORD TO TEXT AND IS COMMITTED TO SUPPORTING EVERY MEMBER IN ACHIEVING THE HIGHEST LEVEL OF PROFESSIONAL EXPERTISE.
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IRS990/Desc0PROFESSIONAL DEVELOPMENT/EDUCATION - NCRA CERTIFICATIONS HAVE SET THE STANDARD FOR EXCELLENCE SINCE 1937. THAT YEAR, OUR FIRST CERTIFICATION PROGRAM WAS ESTABLISHED TO INDIVIDUALLY RECOGNIZE THE COMPETENCE OF COURT REPORTERS. IN THE FIRST YEAR, 27 REPORTERS PASSED THE FIRST EXAM, ESTABLISHING THEMSELVES A "CERTIFIED PROFESSIONAL," OR CP. NCRA'S CURRENT-DAY CERTIFICATION PROGRAM NOW HAS THREE TIERS OF ACHIEVEMENT AND PROUDLY CLAIMS NEARLY 11,000 REGISTERED PROFESSIONAL REPORTERS (RPR), THE UPDATED EQUIVALENT OF THE CP. OVER 2,000 REPORTERS HAVE EARNED THE NEXT LEVEL OF CERTIFICATION, THE REGISTERED MERIT REPORTER (RMR), AND OVER 450 HAVE BECOME A REGISTERED DIPLOMATE REPORTER (RDR).OVER THE YEARS, NCRA HAS ESTABLISHED SEVEN MORE CERTIFICATION PROGRAMSAND TWO CERTIFICATE PROGRAMS: CERTIFIED REALTIME REPORTER (CRR) CERTIFIED BROADCAST CAPTIONER (CBC) CERTIFIED CART PROVIDER (CCP) CERTIFIED LEGAL VIDEO SPECIALIST (CLVS) CERTIFIED REPORTING INSTRUCTOR (CRI) MASTER CERTIFIED REPORTING INSTRUCTOR (MCRI) CERTIFIED PROGRAM EVALUATOR (CPE) TRIAL PRESENTATION PROFESSIONAL REALTIME SYSTEMS ADMINISTRATOR NCRA ALSO CONDUCTS A NATIONALLY-RECOGNIZED CONTINUING EDUCATION PROGRAM, ACCREDITED BY THE AMERICAN COUNCIL ON CONTINUING EDUCATION AND TRAINING (ACCET).IN ADDITION, NCRA STRIVES TO MEET THE STANDARDS SET FORTH BY THE NATIONAL COMMISSION ON COMPETENCY ASSURANCE (NCCA), WHICH IS THE ACCREDITING ARM OF THE INSTITUTE OF CREDENTIALING EXCELLENCE (ICE).
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY-TREASURER (TIL AUG 2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST PRES (TIL AUG 2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (AS OF AUG 2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (AS OF AUG 2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (AS OF AUG 2014)
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR (TIL AUG 2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19SR DIRECTOR, FIN & ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt20SR DIRECTOR, COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR, RESEARCH AND IT
IRS990/Form990PartVIISectionAGrp/TitleTxt22FORMER EXECUTIVE DIRECTOR
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