Overview
What is Business Coalition For Justice?
The Business Coalition for Justice, with its main operational base at 1710 E Franklin Street Suite 100, Richmond, VA 23223, operates as a nonprofit organization. Its primary mission is to establish a community bail fund, providing financial assistance to defendants who cannot afford bail. Acting as a revolving fund, contributions are utilized to support multiple individuals over time as funds are returned following trial dispositions. Beyond its bail fund service, the organization aims to work towards the abolition of cash bail, pre-trial detention, and supervision, aiming to help individuals in Central Virginia avoid the negative consequences of incarceration.
Official website here: www.rvabailfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Business Coalition For Justice has achieved a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily based on its accountability and financial management practices. This rating indicates that the organization demonstrates a commitment to transparency and responsible financial stewardship, with a noteworthy fiscal ratio of 0.00%, suggesting that liabilities do not burden its assets.
Strengths highlighted in the assessment include a fully independent board and the absence of material diversion of assets, which is a positive indicator of governance. The organization also has a high program expense ratio, with 100% of its expenses directed towards its programs, showcasing a strong emphasis on its mission. However, the charity lacks certain essential policies, such as a conflict of interest policy and a whistleblower policy, which could be areas for improvement.
While the organization shows excellent fiscal accountability, the absence of specific governance policies may raise concerns among potential donors regarding ethical practices. Addressing these gaps could enhance its rating further and build greater trust with stakeholders. Overall, the Business Coalition For Justice is positioned well within the nonprofit sector, but there is room for growth in its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Business Coalition For Justice legitimate?
Business Coalition For Justice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Coalition For Justice 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: $5,333
For more financial information, click here
Official website here: www.rvabailfund.org
What is the mission statement of Business Coalition For Justice?
The Business Coalition For Justice operates the Richmond Community Bail Fund, which aims to provide bail for individuals in Central Virginia who cannot afford it. This initiative helps those in need avoid the immediate and long-term consequences of incarceration. Additionally, the organization works towards the abolition of cash bail, pretrial detention, and supervision as part of its mission. The coalition establishes a revolving bail fund, which utilizes donations to support multiple defendants over time as funds are returned following trial dispositions.
Official website here: www.rvabailfund.org
What is the revenue of Business Coalition For Justice?
Business Coalition For Justice's revenue in 2023 was $61,879.
Official website here: www.rvabailfund.org
Who are the executives of Business Coalition For Justice and what are their salaries?
The average compensation at Business Coalition For Justice during 2023 was $5,333. There is 1 employee and 28 volunteers at Business Coalition For Justice.
Here are 5 key members and their salaries:
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Official website here: www.rvabailfund.org
Where can I find the form 990 for Business Coalition For Justice?
Business Coalition For Justice's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rvabailfund.org
Learn more at the official website: www.rvabailfund.org
Mission Statement of Business Coalition For Justice
Business Coalition For Justice, in its mission, aims to assist individuals in Central Virginia who require bail but cannot afford it. The organization's primary goal is to alleviate the immediate and long-term consequences of incarceration for these individuals. Beyond this, Business Coalition For Justice is committed to advocating for the abolition of cash bail, pre-trial detention, and supervision. The nonprofit operates a community bail fund, where donations are used to provide bail for multiple defendants over time as funds are returned following trial dispositions. This revolving bail fund is a crucial part of Business Coalition For Justice's mission to ensure fairness and equality in the legal system.
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Impact
October, 2024
The Business Coalition for Justice significantly impacts the Central Virginia community by addressing the urgent need for bail assistance. By establishing a community bail fund, it enables individuals who cannot afford bail to secure their freedom, preventing the immediate and collateral consequences of incarceration. This approach not only helps people avoid the strain of pretrial detention but also promotes fairness within the criminal justice system.
Through its revolving bail fund model, the coalition ensures that donations have a sustained impact, benefiting multiple clients over time as funds are returned after cases are resolved. In addition to offering direct financial support, the coalition actively advocates for the abolition of cash bail, pretrial detention, and supervision, working towards a more equitable legal framework. Overall, the coalition plays a crucial role in enhancing civil rights and fostering social justice within the region.
This information is meant to be a general summary of Business Coalition For Justice. 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.
- Program Service Revenue: $61,879
- Gross Receipts: $61,879
Assets and Liabilities:
- Total Assets: $1,918,696
- Total Liabilities: $0
- Net Assets: $1,918,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATIONS
Revenue
$61,879
Organization Details
Founding Year
2017
Principal Officer
Alexander W Meijas
Website
www.rvabailfund.orgNTEE Category
Code: R22 - Civil rights
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