Legal Revolution
EIN: 874067350 · Minneapolis, MN · NTEE: I99
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Net Assets | $398K |
Is Legal Revolution Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legal Revolution
Legal Revolution (EIN: 874067350) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code I99. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legal Revolution's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legal Revolution is a mid-size nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -90.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-979,942 |
| Total Assets | $658K |
| Total Liabilities | $260K |
| Net Assets | $398K |
| Operating Margin | -513.1% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, Legal Revolution reported a deficit of $980K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Legal Revolution's revenue has declined at a compound annual growth rate (CAGR) of -90.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.6% | +64.2% | -58.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legal Revolution 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 Legal Revolution 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 $980K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.6%.
Frequently Asked Questions about Legal Revolution
Is Legal Revolution a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Revolution (EIN: 874067350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Legal Revolution spend its money?
Detailed spending breakdown data is not yet available for Legal Revolution. Check back for updated IRS 990 analysis.
Are donations to Legal Revolution tax-deductible?
Legal Revolution is registered as a tax-exempt nonprofit (EIN: 874067350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Legal Revolution located?
Legal Revolution is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 874067350. It is classified under NTEE code I99.
How many years of IRS 990 filings does Legal Revolution have?
Legal Revolution has 2 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Legal Revolution showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Legal Revolution's revenue has declined by 90.6%, moving from $2.0M to $191K. Total assets decreased by 58.4% over the same period, from $1.6M to $658K. Total functional expenses rose by 64.2%, from $713K to $1.2M. In its most recent filing year (2023), Legal Revolution reported a deficit of $980K, with expenses exceeding revenue. The organization holds $260K in liabilities against $658K in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $1.2M | $658K | $260K | — | View 990 |
| 2022 | $2.0M | $713K | $1.6M | $254K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legal Revolution:
Data Sources and Methodology
This transparency report for Legal Revolution 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.