Overview
What is Institute For Law And Economic Policy?
The Institute for Law and Economic Policy, located in Jenkintown, Pennsylvania, is a public policy research and educational foundation. Established with the goal of preserving and enhancing access to the civil justice system for all consumers and investors, the organization serves as a platform for experts in various fields to express their views and opinions in an open forum. This nonprofit's mission encompasses conducting research and providing education, contributing to the broader understanding and development of effective policies in the legal and economic spheres.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
The Institute For Law And Economic Policy has received a low rating of 29%, which is equivalent to a Zero-Star out of Four Star rating. This rating is primarily based on its Accountability & Finance metrics, indicating significant concerns regarding its governance and transparency practices. The absence of independent board members, lack of essential policies, and missing information on its website contribute heavily to this low score.
Among the listed metrics, the organization did score well in terms of its liabilities to assets ratio, showing a healthy financial status in that respect. However, its program expense ratio is concerning, with only 50.77% of its spending directed toward its programs, indicating that a substantial portion of its funds may not be effectively utilized for its stated mission.
Overall, while the organization has not engaged in material diversion of assets and maintains accurate board meeting minutes, the missing elements related to governance and transparency are critical issues that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Law And Economic Policy legitimate?
Institute For Law And Economic Policy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Law And Economic Policy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Institute For Law And Economic Policy?
The Institute for Law and Economic Policy serves as a public policy research and educational foundation, dedicated to preserving and enhancing access to the civil justice system for all consumers and investors. Its mission is to serve as a platform for the open expression of views and opinions on various topics, allowing experts in their respective fields to share their subject matter. The organization aims to contribute to the ongoing discussion and understanding of these issues, fostering a well-informed public.
What is the revenue of Institute For Law And Economic Policy?
Institute For Law And Economic Policy's revenue in 2023 was $242,888.
Who are the executives of Institute For Law And Economic Policy and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Institute For Law And Economic Policy?
Institute For Law And Economic Policy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Institute For Law And Economic Policy
The Institute for Law and Economic Policy serves as a public policy research and educational foundation. Its mission is centered around preserving and enhancing access to the civil justice system for all consumers and investors. This nonprofit organization strives to create an open forum for experts in various fields to express their views, opinions, and insights on relevant topics related to its mission. By serving as a platform for such discussions, the Institute for Law and Economic Policy aims to contribute to a better understanding of the civil justice system and its impact on various stakeholders.
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Impact
August, 2024
The Institute For Law And Economic Policy aims to preserve, study, and enhance access to the civil justice system for all consumers and investors. Through its activities in public policy research and education, this organization provides a platform for experts to share views and opinions on relevant topics, fostering open dialogue and informed discussions. By advocating for increased access to the civil justice system, the Institute For Law And Economic Policy is working towards ensuring fairness and justice for all individuals.
This information is meant to be a general summary of Institute For Law And Economic Policy. 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 2023.
- Investment Income: $2,735
- Gross Receipts: $242,888
Assets and Liabilities:
- Total Assets: $310,637
- Total Liabilities: $5,500
- Net Assets: $305,137
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Organization Details
Founding Year
1995
Principal Officer
Laura Stein
NTEE Category
Code: W02 - Public benefit
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