Civic Intelligence

American Bar Foundation

990 • Fiscal year 2021 • EIN 36-6110271

Sep 01, 2020 to Aug 31, 2021 • Filed on Jun 08, 2022

750 N Lake Shore Drive No 4th FLChicago, IL 60611

(312) 988-6500

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.18x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

66th percentile

21%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$291,272

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

54th percentile

12%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-5.1%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$37,925,650

Up $3,964,240 (+12%) from 2020

Net Assets

Up

$36,201,003

Up $5,754,745 (+19%) from 2020

Liabilities

Down

$1,724,647

Down $1,790,505 (-51%) from 2020

Revenue

Down

$9,357,330

Down $500,826 (-5.1%) from 2020

Expenses

Up

$7,419,588

Up $500,159 (+7.2%) from 2020

Net Income

Down

$1,937,742

Down $1,000,985 (-34%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $18,658,807Liabilities 2010: $2,092,982Net Assets 2010: $16,565,8252010Assets 2011: $20,348,828Liabilities 2011: $1,720,882Net Assets 2011: $18,627,9462011Assets 2012: $20,959,433Liabilities 2012: $2,205,709Net Assets 2012: $18,753,7242012Assets 2013: $22,756,615Liabilities 2013: $2,191,049Net Assets 2013: $20,565,5662013Assets 2014: $24,847,398Liabilities 2014: $1,858,095Net Assets 2014: $22,989,3032014Assets 2015: $22,992,973Liabilities 2015: $2,025,219Net Assets 2015: $20,967,7542015Assets 2016: $24,278,898Liabilities 2016: $2,596,289Net Assets 2016: $21,682,6092016Assets 2017: $26,010,747Liabilities 2017: $2,278,747Net Assets 2017: $23,732,0002017Assets 2018: $27,511,560Liabilities 2018: $2,494,329Net Assets 2018: $25,017,2312018Assets 2019: $31,363,675Liabilities 2019: $3,554,541Net Assets 2019: $27,809,1342019Assets 2020: $33,961,410Liabilities 2020: $3,515,152Net Assets 2020: $30,446,2582020Assets 2021: $37,925,650Liabilities 2021: $1,724,647Net Assets 2021: $36,201,0032021Assets 2022: $34,564,445Liabilities 2022: $1,050,366Net Assets 2022: $33,514,0792022Assets 2023: $39,551,778Liabilities 2023: $4,910,271Net Assets 2023: $34,641,5072023Assets 2024: $42,157,416Liabilities 2024: $4,499,705Net Assets 2024: $37,657,7112024

Highlighted filing

2021

Assets$37,925,650
Liabilities$1,724,647
Net Assets$36,201,003

Operations Trend

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

$15M$10M$5.0M$0Expenses 2010: $6,179,9092010Expenses 2011: $6,084,5272011Expenses 2012: $7,019,6222012Expenses 2013: $6,731,3492013Revenue 2014: $6,844,180Expenses 2014: $6,376,443Net Income 2014: $467,7372014Revenue 2015: $6,502,338Expenses 2015: $6,232,383Net Income 2015: $269,9552015Revenue 2016: $6,712,127Expenses 2016: $6,620,334Net Income 2016: $91,7932016Revenue 2017: $8,234,738Expenses 2017: $6,799,313Net Income 2017: $1,435,4252017Revenue 2018: $8,850,670Expenses 2018: $7,569,846Net Income 2018: $1,280,8242018Revenue 2019: $11,200,967Expenses 2019: $7,579,460Net Income 2019: $3,621,5072019Revenue 2020: $9,858,156Expenses 2020: $6,919,429Net Income 2020: $2,938,7272020Revenue 2021: $9,357,330Expenses 2021: $7,419,588Net Income 2021: $1,937,7422021Revenue 2022: $8,543,107Expenses 2022: $7,911,819Net Income 2022: $631,2882022Revenue 2023: $8,804,741Expenses 2023: $8,109,798Net Income 2023: $694,9432023Revenue 2024: $9,200,711Expenses 2024: $8,435,191Net Income 2024: $765,5202024

Highlighted filing

2021

Revenue$9,357,330
Expenses$7,419,588
Net Income$1,937,742
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 8, 2022
Return Version
2020v4.2
Gross Receipts
$12,846,672
Mission and Program Overview

Mission

The american bar foundation (abf) seeks to expand knowledge and advance justice through innovative, interdisciplinary, and rigorous empirical research on law, legal processes, and legal institutions. To further this mission the abf produces timely, cutting-edge research of the highest quality to inform and guide the legal profession, the academy, and society in the united states and internationally.

To expand knowledge and advance justice through innovative, interdisciplinary, and rigorous research on the law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,063,922$31,172,584▲ $4,108,662
Pledges and Grants Receivable$3,704,705$4,052,995▲ $348,290
Cash and Non-Interest-Bearing Accounts$3,040,179$2,475,611▼ $564,568
Prepaid Expenses and Deferred Charges$71,491$125,336▲ $53,845
Land, Buildings, and Equipment, Net$57,087$82,124▲ $25,037
Accounts Receivable$7,526$0▼ $7,526
Total Assets$33,961,410$37,925,650▲ $3,964,240
Other Assets Total$16,500$17,000▲ $500
Liabilities
Unsecured Notes Loans Payable$718,857$0▼ $718,857
Accounts Payable and Accrued Expenses$378,712$659,092▲ $280,380
Deferred Revenue$516,697$631,672▲ $114,975
Other Liabilities$1,198,758$258,351▼ $940,407
Mortgage Notes Payable Secured by Investment Property$702,128$175,532▼ $526,596
Total Liabilities$3,515,152$1,724,647▼ $1,790,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,538,720$22,437,628▲ $3,898,908
Net Assets With Donor Restrictions$11,907,538$13,763,375▲ $1,855,837
Total Net Assets Fund Balance$30,446,258$36,201,003▲ $5,754,745
Total Liabilities and Net Assets / Fund Balance$33,961,410$37,925,650▲ $3,964,240

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$82,124$894,282$976,406
Leasehold Improvements$0$935,907$935,907
Other Land Buildings$0$345,528$345,528

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$26,979,838$302,886▲ $4,879,801$871,974$31,290,551
2019$24,770,283$219,100▲ $2,385,670$395,215$26,979,838
2018$24,805,291$13,251▲ $619,341$667,600$24,770,283
2017$23,793,339$21,750▲ $1,775,202$785,000$24,805,291
2016$22,596,358$18,925▲ $2,456,843$1,278,787$23,793,339
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ajay K MehrotraDirectorFT$223,268$68,004$291,272
Shari DiamondResearcherPT$202,995$38,747$241,742
Elizabeth MertzResearcherFT$172,669$30,400$203,069
Susan ShapiroResearcherFT$151,804$23,576$175,380
Stephen DanielsResearcherFT$123,889$30,571$154,460
Laura Beth NielsenResearcherPT$117,228$32,963$150,191
Patricia Lee RefoEx-officio--$104,476$104,476
Revenue and Support

Revenue Composition

Contributions and Grants
$8,309,483
Program Service Revenue
$63,063
Investment Income
$984,784
Other Revenue
$0
All Other Contributions
$5,519,488
Change in Net Assets
$1,937,742

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$77,323Market Quote Eod
Total Noncash Contributions3$77,323-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,372,546
Revenue Not Reported on Financial Statements
$984,784
Revenue Not Reported on Form 990
$-391,324
Other Revenue Adjustments
$984,784
Total Revenue per Audited Statements
$7,981,222
Total Revenue per Form 990
$9,357,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,544,505
Other Expenses$2,229,320
Grants and Similar Amounts Paid$645,763
Total Fundraising Expense$554,449
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,497,002$652,809$291,872$3,441,683
Occupancy$599,632$235,344$44,749$879,725
Fees for Services Other$391,163$139,519$21,015$551,697
Grants to Domestic Individuals$415,306--$415,306
Current Officers, Directors, Trustees, and Key Employees$59,190$250,837-$310,027
Pension Plan Contributions$201,044$55,801$27,270$284,115
Payroll Taxes$182,558$58,564$20,617$261,739
Other Employee Benefits$171,331$41,058$34,552$246,941
Grants to Domestic Orgs$230,457--$230,457
Fees for Services Accounting-$127,545-$127,545
Information Technology$72,860$26,829$25,315$125,004
All Other Expenses$88,365$19,050$4,746$112,161
Other Expenses$59,973$9,687$150$69,810
Fees for Service Investment Mgmnt Fees-$50,067-$50,067
Insurance-$49,014-$49,014
Office Expenses$38,212$6,700$2,600$47,512
Depreciation Depletion$9,432$2,695$1,348$13,475
Fees for Services Legal-$12,635-$12,635
Interest-$1,783$6,962$8,745
Conferences and Meetings$7,346$1,000-$8,346
Payments to Affiliates-$5,689-$5,689
Travel$2,917$1,345$30$4,292
Total Functional Expenses$5,104,876$1,760,263$554,449$7,419,588

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,530,021
Total Expenses per Form 990$7,419,588
Expenses per Audited Statements$7,369,521
Expenses Not Reported on Form 990$160,500
Expenses Not Reported on Financial Statements$50,067
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dartmouth CollegeHanover, NH501(c)(3)Scholar Program Course Relief$47,000
LURIE CHILDREN'S HOSPITAL OF CHICAGOChicago, IL501(c)(3)Scholar Program Course Relief$30,000
Rutgers UniversityPiscataway, NJ501(c)(3)Scholar Program Course Relief$30,000
Stanford UniversityStanford, CA501(c)(3)Scholar Program Course Relief$30,000
University of Massachusetts AmherstAmherst, MA115Scholar Program Course Relief$30,000
University of Southern CaliforniaLos Angeles, CA501(c)(3)Scholar Program Course Relief$30,000
University of North CarolinaAtlanta, GA501(c)(3)Research$27,356
Texas A&m UniversityCollege Station, TX115Research$6,101
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$160,065
Due to Affiliates$54,674
Capital Lease Obligation$43,612
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 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the corporation are the persons who from time to time are members of the board of governors of the american bar association. An annual meeting of the members is held in each year for the purpose of electing directors and for the transaction of such other business as may come before the meeting.

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

An annual meeting of the members is held for the purpose of electing directors and for the transaction of such other business as may come before the meeting.

Form 990, Part VI, Section B, Line 11B

The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing. The chair of the finance committee and the treasurer of the governing body review the form 990 before filing. Their review includes a conference call discussion about the details of the form 990 with members of management and, as needed, the cpa firm that prepares the returns.

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

Officers, directors and key employees are annually required to complete a conflict of interest disclosure statement. Potential conflicts are logged with and monitored by the director of operations.

Form 990, Part VI, Section B, Line 15A

A committee of the board of directors convenes to assist the board in determining the compensation of the foundation's director. The committee, consisting entirely of independent directors, considers the performance of the director and compensation for directors of similar organizations. This process is documented.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
American Bar Foundation
EIN
36-6110271
Phone
3129886500
Address
750 N LAKE SHORE DRIVE NO 4TH FL, CHICAGO, IL 60611

Signing Officer

Name
Ajay K Mehrotra
Title
Director
Phone
3129886500
Signed
2022-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ajay K Mehrotra
Formed
1952
Legal Domicile
Il
Voting Board Members
25
Independent Board Members
24
Employees
62
Volunteers
105

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Lu Ann Trapp
Phone
3122071040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in postretirement benefits -128,081.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowments consist of individual funds established for a variety of purposes. These funds include the following: the liz and peter moser research fund in legal ethics, professional responsibility, and access to legal services. Established through a generous gift from liz and peter moser, and in recognition of their lifetime of dedication to legal ethics and professionalism, this fund supports the american bar foundation's fundamental empirical research in the fields of legal ethics, professional responsibility and access to legal services. Wm. Reece smith, jr. Research fund. Support for the wm. Reece smith, jr. Research fund recognizes the enormous contributions reece smith has made to the practice of law and legal scholarship, particularly in the fields of professional ethics, pro bono legal services, and international efforts to secure human rights and the rule of law. The fund will advance the foundation's notable research in these vital areas. Kenneth f. And harle g. Montgomery summer fellowship program for minority undergraduate students this fund was established in 1999 with a gift from the kenneth f. And harle g. Montgomery foundation. The fund supports the abf's summer internship for minority undergraduate students. Solon e. Summerfield foundation fund this fund was established with yearly gifts from the solon e. Summerfield foundation to establish a capital fund for the support of the abf's summer internship for minority undergraduate students. Summer research diversity fellowship program fund supports the abf's summer research diversity fellowship for undergraduate students. Samuel pool weaver fund this fund was established with a gift from samuel weaver in 1974. It originally funded an essay program. In 1986, the abf terminated the essay contest and designated the funds to "..recognize, encourage and support superior scholarship in the field of constitutional law.." maccrate research chair in the legal profession this fund was established through a gift from robert and connie maccrate. The fund is used solely to support the salary and research expenses of the abf professor designated by the director of the abf with the advice of the board of directors to hold the maccrate research chair in the legal profession. Contributors' memorial fund i this fund is the primary fund for all unrestricted, undesignated contributions to the foundation. Contributors' memorial fund ii this fund is comprised of proceeds from the sale of donated assets in the form of real estate donated to the foundation in 1985. Sustain the vision. This fund is comprised of contributions from a 1999 capital campaign to further the mission of the organization. Maynard toll this fund was created in 1981 with contributions from a law firm in recognition of the firm's colleague, maynard toll. William h. Neukom fellows research chair in diversity and law this fund was established in 2011 and supports research in diversity and law. The fund is to be used solely for the research expenses and salary of the scholar designated by the director of the abf with the advice of the board of directors. Robert o. Hetlage scholarship fund this fund was created in 2007 in honor of robert hetlage and contributions to this fund support the foundation's doctoral fellowship program. William c. Hubbard law & education conference endowment this fund is to support conferences recognizing and disseminating innovative and significant scholarship on law and education. The ruth bader ginsburg endowed fund for civil rights & gender equality to support high-quality research and programming in civil rights and gender equality.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Endowment spending allowance 167,033. Ppp loan forgiveness -718,857.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Income on long term investment 874,627. Realized gains on investments 110,157.

Raw XML AppendixShowing 400 of 995 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/TitleTxt29RESEARCHER
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.2$4.50$37.7$9.20$8.44$0.77
2023Detailed filing. Detailed filing data is available for this year.$39.6$4.91$34.6$8.80$8.11$0.69
2022Detailed filing. Detailed filing data is available for this year.$34.6$1.05$33.5$8.54$7.91$0.63
2021Detailed filing. Detailed filing data is available for this year.$37.9$1.72$36.2$9.36$7.42$1.94
2020Detailed filing. Detailed filing data is available for this year.$34.0$3.52$30.4$9.86$6.92$2.94
2019Detailed filing. Detailed filing data is available for this year.$31.4$3.55$27.8$11.2$7.58$3.62
2018Detailed filing. Detailed filing data is available for this year.$27.5$2.49$25.0$8.85$7.57$1.28
2017Detailed filing. Detailed filing data is available for this year.$26.0$2.28$23.7$8.23$6.80$1.44
2016Detailed filing. Detailed filing data is available for this year.$24.3$2.60$21.7$6.71$6.62$0.09
2015Detailed filing. Detailed filing data is available for this year.$23.0$2.03$21.0$6.50$6.23$0.27
2014Detailed filing. Detailed filing data is available for this year.$24.8$1.86$23.0$6.84$6.38$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.8$2.19$20.6$6.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$2.21$18.8$7.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$1.72$18.6$6.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$2.09$16.6$6.18
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $25M-$50M nonprofits