Lawyers For Children America Inc
EIN: 61412355 · Hartford, CT · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $664K |
| Net Assets | $647K |
Is Lawyers For Children America Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lawyers For Children America Inc
Lawyers For Children America Inc (EIN: 61412355) is a nonprofit organization based in Hartford, CT, classified under NTEE code T30. The organization reported total revenue of $1.3M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawyers For Children America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawyers For Children America Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $664K |
| Surplus / Deficit | $-14,509 |
| Total Assets | $1.3M |
| Total Liabilities | $635K |
| Net Assets | $647K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 49.5% |
| Months of Reserves | 23.2 months |
Financial Health Grade: B
In 2023, Lawyers For Children America Inc reported a deficit of $15K with expenses exceeding revenue, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 49.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lawyers For Children America Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +1.9% | +59.8% |
| 2022 | +12.4% | +11.7% | -0.2% |
| 2021 | -2.6% | +4.1% | +11.1% |
| 2020 | -9.3% | +17.3% | +5.1% |
| 2019 | +26.9% | +5.7% | +31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lawyers For Children America 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 Lawyers For Children America 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.5%.
Frequently Asked Questions about Lawyers For Children America Inc
Is Lawyers For Children America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawyers For Children America Inc (EIN: 61412355) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lawyers For Children America Inc spend its money?
Detailed spending breakdown data is not yet available for Lawyers For Children America Inc. Check back for updated IRS 990 analysis.
Are donations to Lawyers For Children America Inc tax-deductible?
Lawyers For Children America Inc is registered as a tax-exempt nonprofit (EIN: 61412355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lawyers For Children America Inc located?
Lawyers For Children America Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 61412355. It is classified under NTEE code T30.
How many years of IRS 990 filings does Lawyers For Children America Inc have?
Lawyers For Children America Inc 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Lawyers For Children America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lawyers For Children America Inc's revenue has grown by 39.7%, moving from $465K to $649K. Total assets increased by 144.2% over the same period, from $525K to $1.3M. Total functional expenses rose by 22.5%, from $542K to $664K. In its most recent filing year (2023), Lawyers For Children America Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $635K in liabilities against $1.3M in assets (debt-to-asset ratio: 49.5%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $649K | $664K | $1.3M | $635K | — | — |
| 2022 | $635K | $652K | $802K | $141K | — | — |
| 2021 | $565K | $583K | $804K | $126K | — | View 990 |
| 2020 | $580K | $561K | $724K | $27K | — | — |
| 2019 | $639K | $478K | $688K | $11K | — | View 990 |
| 2018 | $504K | $452K | $525K | $10K | — | View 990 |
| 2017 | $423K | $408K | $471K | $8K | — | View 990 |
| 2016 | $345K | $406K | $493K | $44K | — | View 990 |
| 2015 | $339K | $404K | $516K | $6K | — | View 990 |
| 2014 | $462K | $428K | $587K | $24K | — | View 990 |
| 2013 | $462K | $385K | $552K | $25K | — | View 990 |
| 2012 | $431K | $480K | $470K | $19K | — | View 990 |
| 2011 | $465K | $542K | $525K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $649K, expenses of $664K, and assets of $1.3M (revenue +2.3% year-over-year).
- 2022: Revenue of $635K, expenses of $652K, and assets of $802K (revenue +12.4% year-over-year).
- 2021: Revenue of $565K, expenses of $583K, and assets of $804K (revenue -2.6% year-over-year).
- 2020: Revenue of $580K, expenses of $561K, and assets of $724K (revenue -9.3% year-over-year).
- 2019: Revenue of $639K, expenses of $478K, and assets of $688K (revenue +26.9% year-over-year).
- 2018: Revenue of $504K, expenses of $452K, and assets of $525K (revenue +19.2% year-over-year).
- 2017: Revenue of $423K, expenses of $408K, and assets of $471K (revenue +22.6% year-over-year).
- 2016: Revenue of $345K, expenses of $406K, and assets of $493K (revenue +1.6% year-over-year).
- 2015: Revenue of $339K, expenses of $404K, and assets of $516K (revenue -26.6% year-over-year).
- 2014: Revenue of $462K, expenses of $428K, and assets of $587K (revenue +0.1% year-over-year).
- 2013: Revenue of $462K, expenses of $385K, and assets of $552K (revenue +7.2% year-over-year).
- 2012: Revenue of $431K, expenses of $480K, and assets of $470K (revenue -7.3% year-over-year).
- 2011: Revenue of $465K, expenses of $542K, and assets of $525K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawyers For Children America Inc:
Data Sources and Methodology
This transparency report for Lawyers For Children America 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.