Civic Intelligence

Loudoun Bar Foundation

990EZ • Fiscal year 2020 • EIN 54-1954802

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 09, 2020

PO Box 134Leesburg, VA 20178

(703) 771-9120

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

13th percentile

-45%

Higher net margin than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

-3.8%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$111,384

Down $25,130 (-18%) from 2019

Net Assets

Down

$111,384

Down $25,130 (-18%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$55,460

Down $2,203 (-3.8%) from 2019

Expenses

Up

$80,591

Up $13,207 (+20%) from 2019

Net Income

Down

-$25,131

Down $15,410 (-159%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $69,181Net Assets 2017: $69,1812017Assets 2018: $146,236Net Assets 2018: $146,2362018Assets 2019: $136,514Net Assets 2019: $136,5142019Assets 2020: $111,384Net Assets 2020: $111,3842020Assets 2021: $130,561Net Assets 2021: $130,5612021Assets 2022: $115,413Net Assets 2022: $115,4132022Assets 2023: $90,315Net Assets 2023: $90,3152023Assets 2024: $82,549Net Assets 2024: $82,5492024

Highlighted filing

2020

Assets$111,384
Liabilities-
Net Assets$111,384

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $39,930Expenses 2017: $28,582Net Income 2017: $11,3482017Revenue 2018: $142,769Expenses 2018: $65,714Net Income 2018: $77,0552018Revenue 2019: $57,663Expenses 2019: $67,384Net Income 2019: -$9,7212019Revenue 2020: $55,460Expenses 2020: $80,591Net Income 2020: -$25,1312020Revenue 2021: $61,207Expenses 2021: $42,031Net Income 2021: $19,1762021Revenue 2022: $26,192Expenses 2022: $41,340Net Income 2022: -$15,1482022Revenue 2023: $54,479Expenses 2023: $79,577Net Income 2023: -$25,0982023Revenue 2024: $40,006Expenses 2024: $47,772Net Income 2024: -$7,7662024

Highlighted filing

2020

Revenue$55,460
Expenses$80,591
Net Income-$25,131
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$64,170
Mission and Program Overview

Mission

The loudoun bar foundation supports community programs that impact loudoun county residents while advancing the role of the legal profession in our community.

Program Services

DescriptionGrantsExpenses
BEAT THE ODDS THE BEAT THE ODDS PROGRAM IDENTIFIES LOCAL YOUTH WHO HAVE DEMONSTRATED THE ABILITY TO SUCCEED IN SPITE OF BEING AT RISK FOR FAILURE BECAUSE OF THEIR ENVIRONMENT OR LIFE CIRCUMSTANCES. THE PROGRAM SEEKS TO IMPROVE THEIR ODDS FOR SUCCESS BY PROVIDING FINANCIAL AWARDS TO ASSIST THEM IN PURSUING EDUCATIONAL AND VOCATIONAL GOALS.-$65,321
LAW CAMP PROVIDES STUDENTS WITH A UNIQUE OPPORTUNITY TO GAIN FIRSTHAND KNOWLEDGE ABOUT THE LEGAL SYSTEM. IT IS DESIGNED TO AFFORD RISING HIGH SCHOOL SENIORS THE OPPORTUNITY TO WORK WITH LOCAL JUDGES, LAWYERS, LAW CLERKS AND OTHER PROFESSIONALS TO LEARN ABOUT THE LAW, AND APPLICANTS SHOULD BE WELL- ROUNDED INDIVIDUALS WHO ARE MOTIVATED AND EAGER TO LEARN.-$1,540
DRESSED WITH DIGNITY PROVIDES INDIGENT DEFENDENTS WITH APPROPRIATE CLOTHING TO WEAR FOR COURT APPEARANCES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RYAN SCHMALZLEChairman-$0--
LISA CODY-SMITHSecretary/Tr-$0--
R PENN BAINDirector-$0--
ROBERT HARTSOEDirector-$0--
LORI O'DONNELLDirector-$0--
THOMAS CIOLKOSZDirector-$0--
COURTNEY SYDNORDirector-$0--
Filing and Contact Details

Filer

Filer Name
Loudoun Bar Foundation
EIN
54-1954802
Phone
7037719120
Address
PO BOX 134, LEESBURG, VA 20178

Signing Officer

Name
Lisa Cody-smith
Title
Secretary/treasurer
Phone
7037719120
Signed
2020-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Bradly Hoffman CPA
Phone
3019489825
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Casino night casino night insurance 604 expenses credit card fee - bto 30 credit card fee- fd 14 credit card fee - lc 19 office supplies 359 supplies 2,602 credit card 13 other types of expenses 500 domain renewal 97 board meetings 126 committee meetings 500 administrative expenses 1,142 law camp expenses 1,500 bto expenses 65,321 licenses & fees 618 administrative 40 total 73,485

Form 990-ez, Part III

The loudoun bar foundation supports community programs that impact loudoun county residents while advancing the role of the legal profession in our community.

Form 990-ez, Part III, Line 28

Beat the odds the beat the odds program identifies local youth who have demonstrated the ability to succeed in spite of being at risk for failure because of their environment or life circumstances. The program seeks to improve their odds for success by providing financial awards to assist them in pursuing educational and vocational goals.

Form 990-ez, Part III, Line 29

Law camp provides students with a unique opportunity to gain firsthand knowledge about the legal system. It is designed to afford rising high school seniors the opportunity to work with local judges, lawyers, law clerks and other professionals to learn about the law, and applicants should be well- rounded individuals who are motivated and eager to learn.

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IRS990EZ/PrimaryExemptPurposeTxt0THE LOUDOUN BAR FOUNDATION SUPPORTS COMMUNITY PROGRAMS THAT IMPACT LOUDOUN COUNTY RESIDENTS WHILE ADVANCING THE ROLE OF THE LEGAL PROFESSION IN OUR COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASINO NIGHT CASINO NIGHT INSURANCE 604 EXPENSES CREDIT CARD FEE - BTO 30 CREDIT CARD FEE- FD 14 CREDIT CARD FEE - LC 19 OFFICE SUPPLIES 359 SUPPLIES 2,602 CREDIT CARD 13 OTHER TYPES OF EXPENSES 500 DOMAIN RENEWAL 97 BOARD MEETINGS 126 COMMITTEE MEETINGS 500 ADMINISTRATIVE EXPENSES 1,142 LAW CAMP EXPENSES 1,500 BTO EXPENSES 65,321 LICENSES & FEES 618 ADMINISTRATIVE 40 TOTAL 73,485
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LOUDOUN BAR FOUNDATION SUPPORTS COMMUNITY PROGRAMS THAT IMPACT LOUDOUN COUNTY RESIDENTS WHILE ADVANCING THE ROLE OF THE LEGAL PROFESSION IN OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BEAT THE ODDS THE BEAT THE ODDS PROGRAM IDENTIFIES LOCAL YOUTH WHO HAVE DEMONSTRATED THE ABILITY TO SUCCEED IN SPITE OF BEING AT RISK FOR FAILURE BECAUSE OF THEIR ENVIRONMENT OR LIFE CIRCUMSTANCES. THE PROGRAM SEEKS TO IMPROVE THEIR ODDS FOR SUCCESS BY PROVIDING FINANCIAL AWARDS TO ASSIST THEM IN PURSUING EDUCATIONAL AND VOCATIONAL GOALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LAW CAMP PROVIDES STUDENTS WITH A UNIQUE OPPORTUNITY TO GAIN FIRSTHAND KNOWLEDGE ABOUT THE LEGAL SYSTEM. IT IS DESIGNED TO AFFORD RISING HIGH SCHOOL SENIORS THE OPPORTUNITY TO WORK WITH LOCAL JUDGES, LAWYERS, LAW CLERKS AND OTHER PROFESSIONALS TO LEARN ABOUT THE LAW, AND APPLICANTS SHOULD BE WELL- ROUNDED INDIVIDUALS WHO ARE MOTIVATED AND EAGER TO LEARN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 29
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