Overview
What is Missouri Lawyer Trust Account Foundation?
The Missouri Lawyer Trust Account Foundation is a nonprofit organization situated in Jefferson City, Missouri. With a modest workforce of two individuals, its primary mission is to provide civil legal assistance to individuals in financial need within the state. The foundation's objectives extend beyond mere legal assistance, as it seeks to enhance the administration of justice and promote various public programs that are specifically sanctioned by the Supreme Court of Missouri for exclusively public purposes.
Official website here: www.moiolta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Missouri Lawyer Trust Account Foundation has achieved a commendable 92% rating from Charity Navigator, signifying strong accountability and financial management. This rating reflects the charity's commitment to transparency, as evidenced by its 100% independent board members and the presence of essential governance policies, including conflict of interest and whistleblower protections.
Financially, the organization demonstrates a robust program expense ratio of 90.04%, indicating that a significant portion of its expenditures directly support its programs. Additionally, the foundation has no liabilities relative to its assets, showcasing its fiscal health and stability. The presence of an Audit and Oversight Committee further enhances its credibility in handling funds responsibly.
While the organization showcases numerous strengths in governance and financial management, ongoing vigilance and continued adherence to best practices in philanthropy will be crucial for maintaining its high standards and public trust. Overall, the Missouri Lawyer Trust Account Foundation exemplifies effective nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Missouri Lawyer Trust Account Foundation legitimate?
Missouri Lawyer Trust Account Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Lawyer Trust Account Foundation 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: $137,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,040
For more financial information, click here
Official website here: www.moiolta.org
What is the mission statement of Missouri Lawyer Trust Account Foundation?
The Missouri Lawyer Trust Account Foundation's mission is centered around providing civil legal services to individuals in financial need, enhancing the administration of justice, and supporting various public benefit programs. This is done under the approval of the Supreme Court of Missouri for exclusively public purposes. The foundation also aims to provide funding for projects that benefit Missouri's citizens by offering civil legal assistance to the impoverished. In essence, its goal is to promote justice and legal aid for the less fortunate, thereby contributing positively to society.
Official website here: www.moiolta.org
Who is the CEO of Missouri Lawyer Trust Account Foundation?
Sander Sowers is the Principal Officer of Missouri Lawyer Trust Account Foundation.
Official website here: www.moiolta.org
What is the revenue of Missouri Lawyer Trust Account Foundation?
Missouri Lawyer Trust Account Foundation's revenue in 2022 was $1,269,730.
Official website here: www.moiolta.org
Who are the executives of Missouri Lawyer Trust Account Foundation and what are their salaries?
The average compensation at Missouri Lawyer Trust Account Foundation during 2022 was $98,096. There are 2 employees at Missouri Lawyer Trust Account Foundation.
Here are 14 key members and their salaries:
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- Compensation: $110,000
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- Other: $27,152
Official website here: www.moiolta.org
Where can I find the form 990 for Missouri Lawyer Trust Account Foundation?
Missouri Lawyer Trust Account Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moiolta.org
Learn more at the official website: www.moiolta.org
Mission Statement of Missouri Lawyer Trust Account Foundation
The Missouri Lawyer Trust Account Foundation is dedicated to serving the public with a mission that encompasses three key areas. Firstly, it provides essential civil legal services to individuals who cannot afford them. Secondly, it works towards enhancing the administration of justice in the state. Lastly, it supports various programs that benefit the public, as long as these initiatives are approved by the Supreme Court of Missouri for exclusively public purposes. The foundation's primary objective is to secure funding for projects that aid Missouri's citizens by offering civil legal assistance to those in need.
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Impact
July, 2024
Missouri Lawyer Trust Account Foundation plays a pivotal role in providing civil legal services to the poor in Missouri. Through its funding of projects that offer civil legal assistance to those in need, the foundation significantly impacts the lives of disadvantaged individuals by ensuring they have access to necessary legal support. Additionally, by striving to improve the administration of justice and supporting programs approved for public benefit by the Supreme Court of Missouri, the foundation actively works towards creating a more just and equitable society for all citizens.
This information is meant to be a general summary of Missouri Lawyer Trust Account Foundation. 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: $14,182
- Program Service Revenue: $1,255,548
- Gross Receipts: $1,285,328
Assets and Liabilities:
- Total Assets: $1,315,804
- Total Liabilities: $0
- Net Assets: $1,315,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IOLTA TRUST INCOME
Revenue
$1,255,548
Organization Details
Founding Year
1984
Phone
(573) 634-8117Principal Officer
Sander Sowers
Main Address
398 DIX ROAD SUITE 203, JEFFERSON CITY, MO, 65109
Website
www.moiolta.orgNTEE Category
Code: T70Z - Philanthropy
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