Fund For Legal Aid
EIN: 411413955 · Minneapolis, MN · NTEE: I80I
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Net Assets | $384K |
Is Fund For Legal Aid Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fund For Legal Aid
Fund For Legal Aid (EIN: 411413955) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code I80I. The organization reported total revenue of $1.6M and total assets of $964K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fund For Legal Aid's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fund For Legal Aid is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-345,127 |
| Total Assets | $1.2M |
| Total Liabilities | $799K |
| Net Assets | $384K |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 67.6% |
| Months of Reserves | 8.0 months |
Financial Health Grade: C
In 2023, Fund For Legal Aid reported a deficit of $345K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 67.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fund For Legal Aid's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | +0.9% | -30.3% |
| 2022 | -1.1% | -6.3% | +3.5% |
| 2021 | -3.3% | +129.0% | -7.5% |
| 2020 | +18.3% | -41.7% | +63.9% |
| 2019 | +3.4% | +0.1% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fund For Legal Aid has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fund For Legal Aid with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $345K, with expenses exceeding revenue.
- Debt-to-asset ratio: 67.6%.
Frequently Asked Questions about Fund For Legal Aid
Is Fund For Legal Aid a legitimate charity?
Based on AI analysis of IRS 990 filings, Fund For Legal Aid (EIN: 411413955) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fund For Legal Aid spend its money?
Detailed spending breakdown data is not yet available for Fund For Legal Aid. Check back for updated IRS 990 analysis.
Are donations to Fund For Legal Aid tax-deductible?
Fund For Legal Aid is registered as a tax-exempt nonprofit (EIN: 411413955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fund For Legal Aid located?
Fund For Legal Aid is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411413955. It is classified under NTEE code I80I.
How many years of IRS 990 filings does Fund For Legal Aid have?
Fund For Legal Aid has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Fund For Legal Aid showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fund For Legal Aid's revenue has grown by 24.6%, moving from $1.1M to $1.4M. Total assets decreased by 21% over the same period, from $1.5M to $1.2M. Total functional expenses rose by 51.8%, from $1.2M to $1.8M. In its most recent filing year (2023), Fund For Legal Aid reported a deficit of $345K, with expenses exceeding revenue. The organization holds $799K in liabilities against $1.2M in assets (debt-to-asset ratio: 67.6%), resulting in net assets of $384K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.8M | $1.2M | $799K | — | View 990 |
| 2022 | $1.6M | $1.8M | $1.7M | $970K | — | — |
| 2021 | $1.6M | $1.9M | $1.6M | $714K | — | View 990 |
| 2020 | $1.6M | $819K | $1.8M | $549K | — | View 990 |
| 2019 | $1.4M | $1.4M | $1.1M | $670K | — | View 990 |
| 2018 | $1.3M | $1.4M | $1.1M | $620K | — | View 990 |
| 2017 | $1.3M | $1.4M | $1.2M | $662K | — | View 990 |
| 2016 | $1.3M | $1.4M | $1.5M | $843K | — | View 990 |
| 2015 | $1.2M | $1.4M | $2.1M | $1.4M | — | View 990 |
| 2014 | $1.4M | $1.4M | $1.7M | $827K | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.6M | $597K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.5M | $571K | — | View 990 |
| 2011 | $1.1M | $1.2M | $1.5M | $590K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.8M, and assets of $1.2M (revenue -8.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.8M, and assets of $1.7M (revenue -1.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.9M, and assets of $1.6M (revenue -3.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $819K, and assets of $1.8M (revenue +18.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue +3.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $1.1M (revenue +4.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue +0.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $1.5M (revenue +3.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.4M, and assets of $2.1M (revenue -11.3% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $1.7M (revenue +11.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M (revenue +2.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue +4.7% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fund For Legal Aid:
Data Sources and Methodology
This transparency report for Fund For Legal Aid is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.