Institute Of Legal Training And Instruction Inc
EIN: 811224590 · Albuquerque, NM · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $130K |
| Net Assets | $-14,336 |
Is Institute Of Legal Training And Instruction Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of Legal Training And Instruction Inc
Institute Of Legal Training And Instruction Inc (EIN: 811224590) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code I80. The organization reported total revenue of $11K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Legal Training And Instruction Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Legal Training And Instruction Inc is a micro nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2017–2019). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $130K |
| Surplus / Deficit | $-52,863 |
| Total Assets | $437 |
| Total Liabilities | $15K |
| Net Assets | $-14,336 |
| Operating Margin | -68.3% |
| Debt-to-Asset Ratio | 3380.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2019, Institute Of Legal Training And Instruction Inc reported a deficit of $53K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 3380.5% (high leverage).
Financial Trends
Over 3 years of filings (2017–2019), Institute Of Legal Training And Instruction Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -64.4% | -32.7% | -99.2% |
| 2018 | +222.3% | +205.0% | +165.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of Legal Training And Instruction Inc 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 Institute Of Legal Training And Instruction Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3380.5%.
Frequently Asked Questions about Institute Of Legal Training And Instruction Inc
Is Institute Of Legal Training And Instruction Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Legal Training And Instruction Inc (EIN: 811224590) insufficient data. 0 red flags identified, 0 strengths noted.
How does Institute Of Legal Training And Instruction Inc spend its money?
Detailed spending breakdown data is not yet available for Institute Of Legal Training And Instruction Inc. Check back for updated IRS 990 analysis.
Are donations to Institute Of Legal Training And Instruction Inc tax-deductible?
Institute Of Legal Training And Instruction Inc is registered as a tax-exempt nonprofit (EIN: 811224590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of Legal Training And Instruction Inc located?
Institute Of Legal Training And Instruction Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 811224590. It is classified under NTEE code I80.
How many years of IRS 990 filings does Institute Of Legal Training And Instruction Inc have?
Institute Of Legal Training And Instruction Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $11K in total revenue.
Filing History
IRS 990 filing history for Institute Of Legal Training And Instruction Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2019), Institute Of Legal Training And Instruction Inc's revenue has grown by 14.7%, moving from $67K to $77K. Total assets decreased by 97.9% over the same period, from $21K to $437. Total functional expenses rose by 105.4%, from $63K to $130K. In its most recent filing year (2019), Institute Of Legal Training And Instruction Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $15K in liabilities against $437 in assets (debt-to-asset ratio: 3380.5%), resulting in net assets of $-14,336.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $77K | $130K | $437 | $15K | — | View 990 |
| 2018 | $217K | $193K | $55K | $16K | — | View 990 |
| 2017 | $67K | $63K | $21K | $6K | — | — |
Year-by-Year Financial Summary
- 2019: Revenue of $77K, expenses of $130K, and assets of $437 (revenue -64.4% year-over-year).
- 2018: Revenue of $217K, expenses of $193K, and assets of $55K (revenue +222.3% year-over-year).
- 2017: Revenue of $67K, expenses of $63K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Legal Training And Instruction Inc:
Data Sources and Methodology
This transparency report for Institute Of Legal Training And Instruction Inc 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.