Overview
What is North Carolina Legal Education Assistance Foundation?
The North Carolina Legal Education Assistance Foundation is a nonprofit organization situated in Raleigh, North Carolina. Its primary mission is to offer educational loan repayment assistance to qualified public interest attorneys residing in North Carolina. This assistance aims to alleviate the financial burden associated with law school debts, thereby encouraging more individuals to pursue careers in public service. The foundation provides this aid as part of its overall activity, which is to support the legal profession and facilitate access to justice for the community.
Official website here: www.ncleaf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The North Carolina Legal Education Assistance Foundation has achieved a commendable score of 96%, reflecting its strong performance in accountability and finance. This high rating indicates a high level of transparency and trustworthiness, essential for nonprofit organizations. The organization has demonstrated a commitment to ethical practices, with a 100% independent board and rigorous oversight mechanisms in place.
Strengths of the foundation include its strong financial health, as evidenced by its low liabilities to assets ratio of 2.20% and a program expense ratio of 79.67%, meaning that a significant portion of its budget is directed towards its mission-related programs. Additionally, it has implemented various policies such as conflict of interest and whistleblower policies, which further enhance its governance and accountability framework.
While the organization shows impressive strengths in financial practices and governance, continuous monitoring of its operational performance will be essential to maintain its positive reputation and effectiveness in serving its mission. Overall, the North Carolina Legal Education Assistance Foundation stands out as a reliable nonprofit committed to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Legal Education Assistance Foundation legitimate?
North Carolina Legal Education Assistance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Legal Education Assistance 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: $62,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ncleaf.org
What is the mission statement of North Carolina Legal Education Assistance Foundation?
The North Carolina Legal Education Assistance Foundation is committed to providing educational loan repayment assistance to eligible public interest attorneys in North Carolina. Its mission is centered around alleviating the financial burden of education loans for attorneys who are dedicated to serving the community. By offering this assistance, the foundation aims to attract and retain talented attorneys in the public interest sector, thereby ensuring that legal services are accessible to those who need them most. The organization provides financial assistance to qualified attorneys, helping them to focus on their work rather than dealing with overwhelming loan repayments. This, in turn, enables these attorneys to make significant contributions to their communities and the legal system as a whole.
Official website here: www.ncleaf.org
Who is the CEO of North Carolina Legal Education Assistance Foundation?
Katherine Asaro is the Executive Di of North Carolina Legal Education Assistance Foundation.
Official website here: www.ncleaf.org
What is the revenue of North Carolina Legal Education Assistance Foundation?
North Carolina Legal Education Assistance Foundation's revenue in 2022 was $690,104.
Official website here: www.ncleaf.org
Who are the executives of North Carolina Legal Education Assistance Foundation and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ncleaf.org
Where can I find the form 990 for North Carolina Legal Education Assistance Foundation?
North Carolina Legal Education Assistance Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncleaf.org
Learn more at the official website: www.ncleaf.org
Mission Statement of North Carolina Legal Education Assistance Foundation
The North Carolina Legal Education Assistance Foundation is an organization dedicated to providing a valuable service. Its primary mission lies in offering educational loan repayment assistance to qualified North Carolina public interest attorneys. This nonprofit entity is committed to supporting these legal professionals who are working in the public sector, ensuring they are not financially burdened by their educational debts. By providing this aid, the North Carolina Legal Education Assistance Foundation enables these attorneys to focus on their crucial roles in serving the public interest, without the additional strain of managing substantial loan repayments.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
North Carolina Legal Education Assistance Foundation provides educational loan repayment assistance to North Carolina public interest attorneys that meet qualifications. These attorneys receive crucial support to help them manage their educational debts while focusing on serving the public interest. By alleviating the financial burden of student loans, the foundation enables these attorneys to continue their important work in areas such as crime prevention, thus contributing to a more just and equitable society.
This information is meant to be a general summary of North Carolina Legal Education Assistance 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: $220
- Program Service Revenue: $15,956
- Gross Receipts: $690,104
Assets and Liabilities:
- Total Assets: $655,083
- Total Liabilities: $11,769
- Net Assets: $643,314
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$11,956
REIMBURSEMENT FROM NC EATJ
Revenue
$4,000
Organization Details
Founding Year
1989
Phone
(919) 845-6089Principal Officer
Katherine Asaro
Main Address
217 EAST EDENTON STREET, RALEIGH, NC, 276011015
Website
www.ncleaf.orgNTEE Category
Code: I80 - Crime
If you are a representative of North Carolina Legal Education Assistance Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.