Overview
What is Legal Aid Foundation Of Colorado?
The Legal Aid Foundation of Colorado (LAF) is a vital nonprofit organization situated in Denver, Colorado. Its primary mission is to support Colorado Legal Services (CLS), an initiative that offers civil legal aid and education to low-income residents of the state. LAF achieves this goal by soliciting, receiving, and distributing funds for CLS. LAF regularly checks on CLS's financial and statistical data to ensure it fulfills its purpose, and they also engage with CLS's staff frequently. In addition, LAF provided a $5,000 grant to CLS to cover a fellowship stipend. In essence, the Legal Aid Foundation of Colorado plays a crucial role in advocating for and facilitating access to legal assistance for those in need within Colorado.
Official website here: www.legalaidfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Legal Aid Foundation of Colorado has earned a Four-Star rating from Charity Navigator, signaling a high level of accountability and financial health. This rating is based entirely on their impressive accountability and finance metrics, which reflect robust governance and effective resource management. Notably, the organization boasts a majority independent board, with 97% of its members being independent, enhancing its credibility and oversight.
Strengths of the organization include a low ratio of liabilities to assets at 0.28%, indicating strong financial stability, and an impressive program expense ratio of 87.26%, which demonstrates a commitment to directing resources towards its mission. Furthermore, the foundation shows exceptional fundraising efficiency, spending only $0.07 to raise each dollar, which underscores its effective fundraising strategies.
While the data does not highlight specific limitations or concerns, the strong performance across various beacons suggests that the Legal Aid Foundation of Colorado operates with transparency and effectiveness in its financial practices and governance. This makes it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Legal Aid Foundation Of Colorado legitimate?
Legal Aid Foundation Of Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legal Aid Foundation Of Colorado 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: $61,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,695
For more financial information, click here
Official website here: www.legalaidfoundation.org
What is the mission statement of Legal Aid Foundation Of Colorado?
The Legal Aid Foundation of Colorado works to support the Colorado Legal Services Program, which provides civil legal aid to low-income individuals. In collaboration with this program, the foundation solicits, receives, and distributes funds to aid in this mission. The primary objective of the Colorado Legal Services is to offer or assist in providing civil legal aid and education to underprivileged individuals in Colorado. The Legal Aid Foundation of Colorado contributes to this goal by raising funds for the program. To ensure the program aligns with the foundation's purpose, it regularly requests and receives financial and statistical data from Colorado Legal Services. Furthermore, the foundation frequently engages with staff from Colorado Legal Services. Additionally, the Legal Aid Foundation of Colorado distributed a $5,000 grant to Colorado Legal Services to cover a fellowship stipend.
Official website here: www.legalaidfoundation.org
Who is the CEO of Legal Aid Foundation Of Colorado?
Diana Poole is the Executive Dir. of Legal Aid Foundation Of Colorado.
Official website here: www.legalaidfoundation.org
What is the revenue of Legal Aid Foundation Of Colorado?
Legal Aid Foundation Of Colorado's revenue in 2023 was $3,326,642.
Official website here: www.legalaidfoundation.org
Who are the executives of Legal Aid Foundation Of Colorado and what are their salaries?
The average compensation at Legal Aid Foundation Of Colorado during 2023 was $35,464. There are 4 employees and 150 volunteers at Legal Aid Foundation Of Colorado.
Here are 43 key members and their salaries:
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Official website here: www.legalaidfoundation.org
Where can I find the form 990 for Legal Aid Foundation Of Colorado?
Legal Aid Foundation Of Colorado's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.legalaidfoundation.org
Learn more at the official website: www.legalaidfoundation.org
Mission Statement of Legal Aid Foundation Of Colorado
The Legal Aid Foundation of Colorado plays a crucial role in supporting the Colorado Legal Services Program. This foundation's mission is centered around soliciting and distributing funds in cooperation with the Colorado Legal Services Program. The primary objective of this partnership is to provide civil legal aid to low-income individuals within Colorado. The Legal Aid Foundation of Colorado contributes to this goal by raising funds, which in turn, aid Colorado Legal Services in offering legal assistance and education to the underprivileged population in Colorado.
To ensure that Colorado Legal Services aligns with and satisfies the foundation's purpose, the Legal Aid Foundation of Colorado requests and receives relevant financial and statistical data from Colorado Legal Services. Regular visits with staff from Colorado Legal Services are another way the foundation ensures that its mission is being effectively carried out. Furthermore, the Legal Aid Foundation of Colorado once granted Colorado Legal Services $5,000 for the purpose of funding a fellowship stipend. This financial support is a testament to the foundation's commitment to providing access to legal aid for those in need.
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Impact
July, 2024
The Legal Aid Foundation Of Colorado's impact is significant in providing civil legal aid to low-income persons in Colorado through its cooperation with the Colorado Legal Services program. By soliciting, receiving, and distributing funds, the organization supports the mission of CLS to offer legal assistance and education to those in need. Additionally, LAF's provision of grants, such as a recent $5,000 grant for a fellowship stipend, further enhances its support for the cause. Through these efforts, the Legal Aid Foundation Of Colorado plays a critical role in promoting access to justice for low-income individuals in the state.
This information is meant to be a general summary of Legal Aid Foundation Of Colorado. 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: $85,210
- Gross Receipts: $3,340,832
Assets and Liabilities:
- Total Assets: $3,090,660
- Total Liabilities: $8,696
- Net Assets: $3,081,964
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Organization Details
Founding Year
1981
Phone
(303) 863-9544Principal Officer
Diana Poole
Main Address
1120 LINCOLN ST 701, DENVER, CO, 80203
Website
www.legalaidfoundation.orgNTEE Category
Code: I80 - Crime
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