Civic Intelligence

Beverly Hills Bar Association

990 • Fiscal year 2017 • EIN 95-2100022

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 15, 2018

9420 Wilshire Blvd 2nd FloorBeverly Hills, CA 90212

(310) 601-2435

Siviq Scores

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

Liabilities / Assets

97th percentile

1.03x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.57x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-6.9%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$201,883

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

0.1%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,282,868

Down $378,193 (-23%) from 2016

Net Assets

Down

-$39,639

Down $160,518 (-133%) from 2016

Liabilities

Down

$1,322,507

Down $217,675 (-14%) from 2016

Revenue

Up

$2,330,476

Up $2,278 (+0.1%) from 2016

Expenses

Up

$2,490,994

Up $181,067 (+7.8%) from 2016

Net Income

Down

-$160,518

Down $178,789 (-979%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $919,849Liabilities 2010: $813,756Net Assets 2010: $106,0932010Assets 2011: $1,102,452Liabilities 2011: $956,593Net Assets 2011: $145,8592011Assets 2012: $2,055,786Liabilities 2012: $1,875,440Net Assets 2012: $180,3462012Assets 2013: $2,285,400Liabilities 2013: $2,192,566Net Assets 2013: $92,8342013Assets 2014: $2,195,609Liabilities 2014: $2,168,148Net Assets 2014: $27,4612014Assets 2015: $2,109,898Liabilities 2015: $2,007,290Net Assets 2015: $102,6082015Assets 2016: $1,661,061Liabilities 2016: $1,540,182Net Assets 2016: $120,8792016Assets 2017: $1,282,868Liabilities 2017: $1,322,507Net Assets 2017: -$39,6392017Assets 2018: $1,120,209Liabilities 2018: $1,281,229Net Assets 2018: -$161,0202018Assets 2019: $969,743Liabilities 2019: $1,429,503Net Assets 2019: -$459,7602019Assets 2020: $1,087,696Liabilities 2020: $1,592,939Net Assets 2020: -$505,2432020Assets 2021: $1,390,057Liabilities 2021: $1,718,777Net Assets 2021: -$328,7202021Assets 2022: $1,173,458Liabilities 2022: $957,754Net Assets 2022: $215,7042022Assets 2023: $1,581,136Liabilities 2023: $1,013,302Net Assets 2023: $567,8342023Assets 2024: $1,867,085Liabilities 2024: $1,093,851Net Assets 2024: $773,2342024Assets 2025: $2,190,880Liabilities 2025: $1,066,102Net Assets 2025: $1,124,7782025

Highlighted filing

2017

Assets$1,282,868
Liabilities$1,322,507
Net Assets-$39,639

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,718,9982010Expenses 2011: $1,882,8262011Expenses 2012: $2,382,3762012Expenses 2013: $2,532,1602013Revenue 2014: $2,367,492Expenses 2014: $2,432,865Net Income 2014: -$65,3732014Revenue 2015: $2,369,775Expenses 2015: $2,294,628Net Income 2015: $75,1472015Revenue 2016: $2,328,198Expenses 2016: $2,309,927Net Income 2016: $18,2712016Revenue 2017: $2,330,476Expenses 2017: $2,490,994Net Income 2017: -$160,5182017Revenue 2018: $2,140,682Expenses 2018: $2,262,063Net Income 2018: -$121,3812018Revenue 2019: $1,824,957Expenses 2019: $2,156,620Net Income 2019: -$331,6632019Revenue 2020: $1,428,445Expenses 2020: $1,359,796Net Income 2020: $68,6492020Revenue 2021: $1,054,695Expenses 2021: $894,852Net Income 2021: $159,8432021Revenue 2022: $1,805,802Expenses 2022: $1,261,078Net Income 2022: $544,7242022Revenue 2023: $1,651,401Expenses 2023: $1,299,271Net Income 2023: $352,1302023Revenue 2024: $1,951,453Expenses 2024: $1,745,859Net Income 2024: $205,5942024Revenue 2025: $2,512,817Expenses 2025: $2,009,078Net Income 2025: $503,7392025

Highlighted filing

2017

Revenue$2,330,476
Expenses$2,490,994
Net Income-$160,518
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 15, 2018
Return Version
2016v3.1
Gross Receipts
$2,330,476
Mission and Program Overview

Mission

The mission of the beverly hills bar association is to serve our members, lead our profession and to advocate for justice in our community.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$677,909$528,553▼ $149,356
Cash and Non-Interest-Bearing Accounts$243,512$220,829▼ $22,683
Accounts Receivable$46,436$97,067▲ $50,631
Pledges and Grants Receivable$350,746$81,557▼ $269,189
Loans From Officers Directors$45,021$0▼ $45,021
Prepaid Expenses and Deferred Charges$32,211$43,366▲ $11,155
Savings and Temporary Cash Investments$27,782$27,782→ $0
Inventories for Sale or Use$1,001$1,001→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Total Assets$1,661,061$1,282,868▼ $378,193
Other Assets Total$291,464$282,713▼ $8,751
Liabilities
Deferred Revenue$597,885$518,841▼ $79,044
Other Liabilities$550,708$484,923▼ $65,785
Accounts Payable and Accrued Expenses$346,568$318,743▼ $27,825
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,540,182$1,322,507▼ $217,675
Net Assets / Fund Balance
Temporarily Rstr Net Assets$367,730$361,272▼ $6,458
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-246,851$-400,911▼ $154,060
Total Net Assets Fund Balance$120,879$-39,639▼ $160,518
Total Liabilities and Net Assets / Fund Balance$1,661,061$1,282,868▼ $378,193

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$429,670$425,423$855,093
Other Land Buildings$58,393$188,736$247,129
Equipment$40,490$143,198$183,688
Other Assets Org$282,713--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marc R StaenbergChief Executive OfficerFT$180,121$21,762$201,883

Board Members and Trustees

NameTitle
Howard S FisherPresident
Richard D KaplanPresident-elect
Lavonne LawsonFirst Vice President
Michael R SohigianSecond Vice President
Alexander M SteinbergDirector
Barry a DruckerDirector
Bonita D MooreDirector
Brian P LepakDirector
David a PaletzDirector
Eseigbe OmofomaDirector
Gregory P BarchieDirector
Gregory a ZbylutDirector
Jeffery a ShaneDirector
Judith C DornsteinDirector
Kenneth D FreundlichDirector
Malcolm S McneilDirector
Megan E GreenDirector
Megan R PeitzkeDirector
Muammar ReedDirector
Nadira T ImamDirector
Suzanne E SchwartzDirector
Uzzi O RaananDirector
William S WenzelDirector
Diana KarpmanEx-officio
Elizabeth Hall PetersonEx-officio
Howard S FredmanEx-officio
Jim JahantEx-officio
Susan Westerberg PragerEx-officio
Yan GoldshteynEx-officio
Hon John L SegalJudicial Ex-officio
Hon Mitchell BeckloffJudicial Ex-officio
Adam SiegleerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,194,071
Program Service Revenue
$1,006,857
Investment Income
$33
Other Revenue
$129,515
All Other Contributions
$171,443
Change in Net Assets
$-160,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,538,320
Salaries, Compensation, and Employee Benefits$952,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$599,663
Other Salaries and Wages---$577,957
Other Expenses---$250,000
Current Officers, Directors, Trustees, and Key Employees---$208,306
Office Expenses---$189,758
Depreciation Depletion---$139,355
Other Employee Benefits---$103,329
Fees for Services Other---$94,910
Payroll Taxes---$63,082
Advertising---$36,892
Fees for Services Accounting---$34,920
Insurance---$18,984
Interest---$9,503
Travel---$7,483
Conferences and Meetings---$1,391
Fees for Services Legal---$643
Total Functional Expenses$0$0$0$2,490,994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$45,021$0▼ $45,021
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$425,590
Due to Related Party$59,333
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

The organization has the following classes of membership only regular members in good standing onthe recored date shall be entitled to vote on any matter with respect to membership vote and elect members of the board of covernors regualr member any of the following persons may apply to become a regular member (a) a practicing lawyer who is admitted to practice before the supreme court of the state of california or the highest court of any other state within the united states or within the district of columbia, (b) a judicial officer, including judge, administrative law judge, magistrate, magistrate judge, or full time commissioner, sitting in any state or federal court or agency in the county of los angeles, or a judicial officer now retired (c) a full time member of the faculty, or dean, of any law school within the county of los angleles accredited by the committee of bar examiners of the state of california associate member any of the following persons may apply to become an associate member (a) a person who has substantially retired from the practice of law which practice would qualify him or her as a regualr member (b) a person who has entered law school during his or her enrollment and for a period of seven months following graduation ("student member") (c) other persons, including but not limited to paralegals, other professionals, or those interested in the activities of the association honorary member a person distinguished for eminance in the law or other notable public service related thereto may be elected to honrary membership by vote of the board of governors of the corporation.

FORM 990, PART VI, SECTION A, LINE 7A:

Regular members of the board must approve any change to the bylaws which would affect the minimum or maximum number of governors, materially and adversely affect the voting rights of the members, or any other change, which under law, requires membership action.

FORM 990, PART VI, SECTION B, LINE 11:

Prior to filing the return with the irs, a draft of the completed form 990 is reviewed and approved by the organization's managment. Once approved by management, copies of the final form 990 are made available to the organization's board of directors.

FORM 990, PART VI, SECTION B, LINE 12C:

The organiztion requries all interested person to complete a conflict of interest form on an annual basis. This form encourages disclosure of any conflicts that occur between the organization and the interested person. The chief executive officer monitors and reviews the responses to determine whether a conflict is required to be disclosed. If a board member has a conlfict, they will be required to abstain from voting an issue related to the conflict.

FORM 990, PART VI, SECTION B, LINE 15A:

The executive committee performs the function of the compensation committee after conducting a survey; it approves the chief executive officer's compensation and documents its decisisons in a contractual agreement.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents, conflict of interest policies, and financial statements are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.

Filing and Contact Details

Filer

Filer Name
Beverly Hills Bar Association
EIN
95-2100022
In Care Of
% MARC R STAENBERG
Phone
3106012435
Address
9420 Wilshire Blvd 2nd Floor, Beverly Hills, CA 90212

Signing Officer

Name
Marc R Staenberg
Title
CEO
Phone
3106012435
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc R Staenberg
Formed
1931
Legal Domicile
CA
Voting Board Members
33
Independent Board Members
33
Employees
20
Volunteers
95

Preparer

Firm
Bdo USA Llp
Address
601 W Riverside Avenue Suite 900, Spokane, WA 99201-0611
Preparer
Cindy J Janikowski
Phone
5097478095
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The mission of the beverly hills bar association is to serve our members, lead our profession and to advocate for justice in our community.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

Beverly hills bar association and beverly hills bar association personnel referral service, inc., collectively, are defined as "the association." the association is a nationally recognized major metropolitan bar association based in beverly hills, california and serves more than 18,000 lawyers who live or work on the west side of los angeles county. The mission of the association is to serve its members, to lead its profession and advocate for justice in its community. To these ends, the association operates the following programs: membership activities: this program focuses primarily on providing mandatory continuing legal education ("mcle") courses for attorneys in fifteen substantive law practice areas, over fifty percent of which are presented as live webcasts per year, the association also maintains mcle records for attendees of association education programs and sends members a recap of the mcle programs they attend on an annual basis. Members may improve their leadership skills through participation in section/committee executive committees and the board of governors. Members may also take advantage of a range or members' benefits and services including low-cost insurance rates, pension, acturial and tax deferral services suitable for legal practitioners ranging from sole practitioners to large firms, legal research services and more. These members benefit agreements, along with event and section sponsorship, increase revenues for the association. Committee activities: the association sponsors a number of public service activities. The "roxbury park legal clinic," a free monthly workship for the public to consult with attorneys and the "committee for the arts," which offers legal and business oriented programs for artists and musicians. Continuting education programs: thorugh this program, members are able to fulfill the state bar-mandated requirements for continuing legal education. Each year, nearly 200 states bar-approved courses are offered on leading edge topics of interest in each practice area. Barristers' activities: the barristers program is an important resource for newer attorneys (under age thirty-seven or practicing ten years or less). This program includes community outreach activities and social events geared to new attorneys. Dinners/congerences/conventions: members are offered the opportunity to attend various annual state bar convention activities, a supreme court luncheon, swearing in at the supreme court of the united states and other receptions, dinners and conferences. Printed material/publications: the association provides mcle dvds and other mcle material in its web store. Legislative activities: members of the resolutions committee and legislative committee may write and/or lobby for legislation and testify before the california legislature. Through the association's seat in the american bar association's house of delegates, members may also affect national policy and legal matters. Lawyer's fee arbitration: the association operates one of the only two state bar-approved mandatory fee arbitration programs servicing los angleles county. Attorneys are trained to serve as arbitrators for attorney-client fee disputes. Participants provide a valuable service while gaining judicial experience. Lawyer's referral/information services: the association maintains a state bar-approved lawyer approved referral service that matches individuals seeking attorneys for personal or professional matters with member attorneys. Placement services: the personnel referral service provides screened and tested permanent and temporary legal secretaries and other support personnel.

PART XI, LINE 2C:

The audit oversight committee has not changed its process since the prior year.

Financial Statement Notes

Part X, Line 2

The association applies the provisions of financial accounting standards board ("fasb") accounting standards codification ("asc") topic no. 740, "accounting for uncertainty in income taxes" ("asc 740"). Asc 740 clarifies the uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a recognition and measurement of a tax position taken or expected to be taken in a tax return. Asc 740 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the years ended september 30, 2017 and 2016, the association had no unrecognized/derecognized tax benefits or tax penalties or interest.

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IRS990/Form990PartVIISectionAGrp/TitleTxt30FIRST VICE PRESIDENT
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.19$1.07$1.12$2.51$2.01$0.50
2024Detailed filing. Detailed filing data is available for this year.$1.87$1.09$0.77$1.95$1.75$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.58$1.01$0.57$1.65$1.30$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.96$0.22$1.81$1.26$0.54
2021Detailed filing. Detailed filing data is available for this year.$1.39$1.72$0.33$1.05$0.89$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.09$1.59$0.51$1.43$1.36$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.97$1.43$0.46$1.82$2.16$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.12$1.28$0.16$2.14$2.26$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.28$1.32$0.04$2.33$2.49$0.16
2016Summary only. Only limited summary data is available for this year.$1.66$1.54$0.12$2.33$2.31$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.11$2.01$0.10$2.37$2.29$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.20$2.17$0.03$2.37$2.43$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$2.19$0.09$2.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$1.88$0.18$2.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.96$0.15$1.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.81$0.11$1.72