Overview
What is American Law Institute?
The American Law Institute (ALI), founded in 1923, is a nonprofit organization headquartered in the United States. Its primary mission is to clarify and simplify American common law and adapt it to evolving social needs. The ALI achieves this goal through various initiatives, as outlined in their description. However, for further details on their specific activities, it is recommended to refer to their schedule (O) for a comprehensive understanding.
Official website here: www.ali.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The American Law Institute has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates exemplary governance practices, including a fully independent board and a well-defined conflict of interest policy. The organization’s commitment to transparency is further evidenced by its comprehensive financial oversight and documented board meeting minutes.
Strengths identified include a high program expense ratio of 73.22%, indicating that a significant portion of its budget is directed towards its mission-driven initiatives. Additionally, the organization has no reported material diversion of assets, which underscores its financial integrity and effective management practices. The strong performance in audit and oversight, as well as the establishment of whistleblower and document retention policies, highlights its dedication to ethical operations.
Though the data showcases strong financial health and governance, it is essential for stakeholders to continually assess the organization's impact and effectiveness in fulfilling its mission. Overall, the American Law Institute stands out as a highly rated nonprofit with robust operational standards and a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about American Law Institute?
74% of 16 reviewers on Facebook recommend the American Law Institute. Here’s a brief summary of their opinions:
Some reviewers express dissatisfaction, particularly about specific policies, such as the current restatement policy on copyright law, which has been deemed unreasonable by at least one critic. This indicates that there is a segment of the audience that feels strongly about certain decisions made by the organization.
Despite the critical voices, a majority still endorse the organization, suggesting that while there are areas of concern, many believe that the Institute provides valuable resources and support. Overall, the American Law Institute has mixed sentiments surrounding its policies, with some advocating for change while others appreciate its contributions.
This AI summary has been generated from reviews found on Facebook.
Is American Law Institute legitimate?
American Law Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Law Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,055,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,939,792
For more financial information, click here
Official website here: www.ali.org
What is the mission statement of American Law Institute?
The American Law Institute (ALI), founded in 1923, is dedicated to improving and modernizing the common law of the United States. Its primary objective is to clarify and simplify the law to better align with evolving social norms. The organization plays a significant role in shaping legal frameworks by proposing recommendations for legal reforms and providing expert insights on various legal issues. The American Law Institute's initiatives aim to ensure that the common law remains relevant and effective in addressing contemporary challenges. Through scholarly research, publications, and educational programs, it strives to strengthen the legal system and inspire informed public discourse on legal matters.
Official website here: www.ali.org
Who is the CEO of American Law Institute?
David F Levi is the President & Council of American Law Institute.
Official website here: www.ali.org
What is the revenue of American Law Institute?
American Law Institute's revenue in 2022 was $17,652,767.
Official website here: www.ali.org
Who are the executives of American Law Institute and what are their salaries?
The average compensation at American Law Institute during 2022 was $73,108. There are 82 employees and 2595 volunteers at American Law Institute.
Here are 76 key members and their salaries:
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Official website here: www.ali.org
Where can I find the form 990 for American Law Institute?
American Law Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ali.org
Learn more at the official website: www.ali.org
Mission Statement of American Law Institute
The American Law Institute, founded in 1923, is a renowned organization dedicated to improving and modernizing the United States common law. With a mission to promote clarification, simplification, and adaptation to evolving social needs, this prestigious body has been instrumental in shaping American legal frameworks for nearly a century.
The American Law Institute's primary objective is to provide valuable insights and recommendations for the development of common law in the United States. By assembling distinguished legal scholars, judges, and practitioners, the Institute strives to analyze complex legal issues and develop principles that can guide the judiciary and inform legal practice. These principles, once adopted, serve to clarify and simplify common law, ensuring it remains relevant and responsive to contemporary societal needs.
In pursuit of its mission, the American Law Institute employs various methods, including drafting and publishing Restatements of Law. These comprehensive and authoritative publications offer clear and succinct statements of the law on various subjects, providing a valuable resource for legal professionals, educators, and policymakers. Additionally, the Institute convenes symposia, sponsors research projects, and engages in public education initiatives to foster ongoing discourse and debate on crucial legal issues. The American Law Institute's commitment to fostering a dynamic and evolving legal landscape has positioned it as a respected and indispensable resource for the American legal system.
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Impact
October, 2024
The American Law Institute (ALI) has significantly shaped the development and understanding of U.S. common law since its establishment in 1923. By promoting the clarification and simplification of legal principles, ALI plays a crucial role in adapting the law to evolving social needs.
One of ALI's key contributions is the drafting of the Restatements of the Law, which synthesize and clarify complex legal doctrines across various fields, making it easier for judges, attorneys, and scholars to navigate the legal landscape. These Restatements are highly influential and often cited in court opinions and legal writings, effectively shaping judicial decision-making and legal standards.
Additionally, ALI initiates various projects aimed at addressing contemporary legal issues, ensuring that the law remains relevant and responsive to societal changes. By fostering collaboration among legal experts, policymakers, and practitioners, ALI helps create a more cohesive legal framework that enhances the administration of justice.
Overall, the impact of ALI can be seen in its commitment to legal reform and education, as it continues to influence how laws are interpreted and applied in the United States.
This information is meant to be a general summary of American Law Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,108,813
- Program Service Revenue: $6,808,194
- Gross Receipts: $28,244,079
Assets and Liabilities:
- Total Assets: $89,963,474
- Total Liabilities: $4,036,463
- Net Assets: $85,927,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLE PROGRAMS, PRODUCTS, AND PARTN
Revenue
$3,607,716
ALI PUBLICATIONS AND RELATED ROYA
Revenue
$3,200,478
Organization Details
Founding Year
1923
Phone
(215) 243-1600Principal Officer
David F Levi
Main Address
4025 CHESTNUT STREET, PHILADELPHIA, PA, 19104
Website
www.ali.orgNTEE Category
Code: I030 - Crime
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