Overview
What is The Fund For Legal Aid?
The Fund for Legal Aid is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 111 N Fifth Street Suite 100. Its primary mission is to raise funds for Mid-Minnesota Legal Assistance, an entity that provides legal aid to low-income individuals. By supporting Mid-Minnesota Legal Assistance, The Fund for Legal Aid aimsto ensure that individuals in need have access to legal representation, thereby promoting justice and equality.
Official website here: www.mylegalaid.org/about/the-fund
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The Fund For Legal Aid has received an 83% rating from Charity Navigator, reflecting a solid Three-Star rating. This score is derived entirely from the charity's performance in the Accountability & Finance beacon, indicating a strong commitment to transparency and responsible financial management. The organization demonstrated full compliance in critical areas, such as having an independent board and maintaining high standards in audit and financial oversight.
Strengths of The Fund For Legal Aid include its fully independent board, which consists of 100% independent members, ensuring that governance decisions are free from conflicts of interest. The organization excels in fiscal accountability, as evidenced by its high program expense ratio of 92.35%, suggesting that the majority of funds raised are directed towards its programs and services rather than administrative costs.
However, the charity does face some limitations, particularly in its liabilities to assets ratio, which stands at 67.55%. This figure suggests potential concerns regarding financial leverage. Overall, while The Fund For Legal Aid showcases strong accountability practices and efficient resource allocation, stakeholders may want to consider its financial structure when evaluating its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Fund For Legal Aid legitimate?
The Fund For Legal Aid is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Legal Aid 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: $56,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mylegalaid.org/about/the-fund
What is the mission statement of The Fund For Legal Aid?
The organization known as The Fund For Legal Aid was established as a non-profit corporation with a primary focus on fundraising. Its primary objective is to support Mid-Minnesota Legal Assistance, which provides legal aid to individuals with low income. The mission of The Fund For Legal Aid is to contribute financially to the cause of ensuring access to legal assistance for those who cannot afford it. By raising funds, they aim to make a significant impact on individuals' lives by helping them navigate legal issues and protect their rights. The organization's activities contribute to the overall goal of ensuring fairness and justice for all, regardless of financial status.
Official website here: www.mylegalaid.org/about/the-fund
Who is the CEO of The Fund For Legal Aid?
Anne Lockner is the Chair of The Fund For Legal Aid.
Official website here: www.mylegalaid.org/about/the-fund
What is the revenue of The Fund For Legal Aid?
The Fund For Legal Aid's revenue in 2022 was $1,560,819.
Official website here: www.mylegalaid.org/about/the-fund
Who are the executives of The Fund For Legal Aid and what are their salaries?
Here are 68 key members and their salaries:
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- Compensation: $47,508
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- Other: $16,444
Official website here: www.mylegalaid.org/about/the-fund
Where can I find the form 990 for The Fund For Legal Aid?
The Fund For Legal Aid's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mylegalaid.org/about/the-fund
Learn more at the official website: www.mylegalaid.org/about/the-fund
Mission Statement of The Fund For Legal Aid
The Fund for Legal Aid, established as a non-profit corporation, is dedicated to raising funds for Mid-Minnesota Legal Assistance. This organization's primary mission is to provide essential financial support to this legal aid service, which in turn offers legal assistance to individuals with low income. By doing so, The Fund for Legal Aid plays a crucial role in ensuring that those who may not have the means to access legal help can still receive it, thereby promoting justice and equality in the community.
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Impact
July, 2024
The Fund For Legal Aid's impact can be seen in its support of Mid-Minnesota Legal Assistance, a provider of legal aid to low-income individuals. By raising funds for this organization, The Fund For Legal Aid helps ensure that those in need have access to legal representation and assistance, particularly in matters related to crime. This support contributes to promoting justice and equality within the community.
This information is meant to be a general summary of The Fund For Legal Aid. 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: $496
- Gross Receipts: $1,603,003
Assets and Liabilities:
- Total Assets: $1,698,825
- Total Liabilities: $969,655
- Net Assets: $729,170
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Organization Details
Founding Year
1981
Phone
(612) 334-5970Principal Officer
Anne Lockner
Main Address
111 N FIFTH STREET SUITE 100, MINNEAPOLIS, MN, 55403
NTEE Category
Code: I80I - Crime
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