Legal Services Fund Of The Police Benevolent Association Of The City

Legal Services Fund consistently expends all revenue on services with no reported officer compensation.

EIN: 132972437 · New York, NY · Updated: 2026-03-28

$6.8MRevenue
$660KAssets
90/100Mission Score (Excellent)
Legal Services Fund Of The Police Benevolent Association Of The City Financial Summary
MetricValue
Total Revenue$6.8M
Total Expenses$6.5M
Program Spending95%
CEO/Top Officer Pay$6
Net Assets$0
Transparency Score90/100

Is Legal Services Fund Of The Police Benevolent Association Of The City Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Legal Services Fund Of The Police Benevolent Association Of The City directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Legal Services Fund Of The Police Benevolent Association Of The City

Legal Services Fund Of The Police Benevolent Association Of The City (EIN: 132972437) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.8M and total assets of $660K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legal Services Fund Of The Police Benevolent Association Of The City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Legal Services Fund Of The Police Benevolent Association Of The City is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.5M
Total Expenses$6.5M
Surplus / Deficit+$0
Total Assets$163K
Total Liabilities$163K
Net Assets$0
Operating Margin0.0%
Debt-to-Asset Ratio100.0%
Months of Reserves0.3 months

Financial Health Grade: C

In 2023, Legal Services Fund Of The Police Benevolent Association Of The City reported a surplus of $0 with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Legal Services Fund Of The Police Benevolent Association Of The City's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.0%+0.0%+0.0%
2022+0.0%+0.0%-44.7%
2021+5.4%+5.4%+1.7%
2020+12.1%+12.1%+1.8%
2019+0.0%+0.0%+1.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Legal Services Fund Of The Police Benevolent Association Of The City demonstrates consistent financial operations, with revenue and expenses closely matched across all reported periods. For instance, in 202306, both revenue and expenses were $6,500,000, indicating a break-even operational model. This pattern suggests that the organization primarily functions as a pass-through entity for legal services, spending nearly all its incoming funds on its stated purpose. The organization's assets have remained relatively low compared to its annual revenue, such as $162,500 in assets against $6,500,000 in revenue for 202306, which is typical for an organization that expends most of its income on direct services rather than accumulating reserves. Spending efficiency appears high given the consistent matching of revenue and expenses, implying that funds are directly channeled into programs. The absence of reported officer compensation across all filings suggests that executive leadership may be compensated by an affiliated entity or serves in a pro bono capacity, which contributes to a lean operational overhead. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to fully assess the precise allocation between program services, administrative costs, and fundraising efforts. The NTEE code being 'Unknown' also limits a clear understanding of its specific programmatic focus within the broader legal services sector. Transparency is moderate. While the consistent filing of IRS Form 990s over 13 periods indicates compliance, the lack of detailed expense breakdowns (e.g., specific program service expenses vs. administrative) within the provided data limits a deeper analysis of spending efficiency. The consistent reporting of zero officer compensation is a notable transparency point, indicating that direct compensation to officers is not a significant financial outflow from this specific entity. However, the absence of an NTEE code and more granular expense data means that a complete picture of its operational efficiency and programmatic impact is not fully available from the provided summary.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Legal Services Fund Of The Police Benevolent Association Of The City with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, Legal Services Fund Of The Police Benevolent Association Of The City allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$6.5MTotal Revenue
$6.5MTotal Expenses
$163KTotal Assets
$163KTotal Liabilities
$0Net Assets
  • The organization reported a surplus of $0, with revenue exceeding expenses.
  • Debt-to-asset ratio: 100.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that officers are either not compensated by this specific entity or serve on a pro bono basis, which is highly favorable for an organization of its size with annual revenues exceeding $6 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Legal Services Fund Of The Police Benevolent Association Of The City's IRS 990 filings:

  • NTEE code is unknown, limiting understanding of specific mission alignment.
  • Lack of detailed expense breakdown beyond total revenue/expenses.

Strengths

The following positive indicators were identified for Legal Services Fund Of The Police Benevolent Association Of The City:

  • Consistent matching of revenue and expenses, indicating efficient use of funds for services.
  • Zero reported officer compensation across all filings, suggesting low administrative overhead.
  • Strong financial stability with consistent revenue generation over many years.
  • High program spending ratio, as nearly all revenue is expended annually.

Frequently Asked Questions about Legal Services Fund Of The Police Benevolent Association Of The City

Is Legal Services Fund Of The Police Benevolent Association Of The City a legitimate charity?

Legal Services Fund Of The Police Benevolent Association Of The City (EIN: 132972437) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.8M. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Legal Services Fund Of The Police Benevolent Association Of The City spend its money?

Legal Services Fund Of The Police Benevolent Association Of The City directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Legal Services Fund Of The Police Benevolent Association Of The City tax-deductible?

Legal Services Fund Of The Police Benevolent Association Of The City is registered as a tax-exempt nonprofit (EIN: 132972437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Legal Services Fund Of The Police Benevolent Association Of The City CEO make?

Legal Services Fund Of The Police Benevolent Association Of The City's highest-compensated officer earns $6 annually. The organization reported $6.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Legal Services Fund Of The Police Benevolent Association Of The City located?

Legal Services Fund Of The Police Benevolent Association Of The City is headquartered in New York, New York and files with the IRS under EIN 132972437.

How many years of IRS 990 filings does Legal Services Fund Of The Police Benevolent Association Of The City have?

Legal Services Fund Of The Police Benevolent Association Of The City 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 $6.8M in total revenue.

What specific legal services does the fund provide?

The provided data does not specify the exact legal services offered, only that it is a 'Legal Services Fund'.

Are the officers compensated by an affiliated entity?

The filings consistently show 0% officer compensation, suggesting they might be compensated by an affiliated Police Benevolent Association or serve without pay from this specific fund.

What is the breakdown of program service expenses?

The provided data only shows total expenses, not a detailed breakdown of program service expenses versus other operational costs.

Filing History

IRS 990 filing history for Legal Services Fund Of The Police Benevolent Association Of The City showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Legal Services Fund Of The Police Benevolent Association Of The City's revenue has grown by 34.8%, moving from $4.8M to $6.5M. Total assets decreased by 23.2% over the same period, from $211K to $163K. Total functional expenses rose by 34.8%, from $4.8M to $6.5M. In its most recent filing year (2023), Legal Services Fund Of The Police Benevolent Association Of The City reported a surplus of $0, with revenue exceeding expenses. The organization holds $163K in liabilities against $163K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.5M $6.5M $163K $163K
2022 $6.5M $6.5M $163K $163K View 990
2021 $6.5M $6.5M $294K $294K View 990
2020 $6.2M $6.2M $289K $289K View 990
2019 $5.5M $5.5M $284K $284K View 990
2018 $5.5M $5.5M $281K $281K View 990
2017 $5.5M $5.5M $274K $274K View 990
2016 $5.5M $5.5M $268K $268K View 990
2015 $5.3M $5.3M $245K $245K View 990
2014 $4.9M $4.9M $239K $239K View 990
2013 $4.9M $4.9M $239K $239K View 990
2012 $4.8M $4.8M $231K $231K View 990
2011 $4.8M $4.8M $211K $211K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.5M, expenses of $6.5M, and assets of $163K (revenue +0.0% year-over-year).
  • 2022: Revenue of $6.5M, expenses of $6.5M, and assets of $163K (revenue +0.0% year-over-year).
  • 2021: Revenue of $6.5M, expenses of $6.5M, and assets of $294K (revenue +5.4% year-over-year).
  • 2020: Revenue of $6.2M, expenses of $6.2M, and assets of $289K (revenue +12.1% year-over-year).
  • 2019: Revenue of $5.5M, expenses of $5.5M, and assets of $284K (revenue +0.0% year-over-year).
  • 2018: Revenue of $5.5M, expenses of $5.5M, and assets of $281K (revenue +0.0% year-over-year).
  • 2017: Revenue of $5.5M, expenses of $5.5M, and assets of $274K (revenue +0.0% year-over-year).
  • 2016: Revenue of $5.5M, expenses of $5.5M, and assets of $268K (revenue +3.9% year-over-year).
  • 2015: Revenue of $5.3M, expenses of $5.3M, and assets of $245K (revenue +8.7% year-over-year).
  • 2014: Revenue of $4.9M, expenses of $4.9M, and assets of $239K (revenue +0.1% year-over-year).
  • 2013: Revenue of $4.9M, expenses of $4.9M, and assets of $239K (revenue +0.4% year-over-year).
  • 2012: Revenue of $4.8M, expenses of $4.8M, and assets of $231K (revenue +0.5% year-over-year).
  • 2011: Revenue of $4.8M, expenses of $4.8M, and assets of $211K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Legal Services Fund Of The Police Benevolent Association Of The City:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Legal Services Fund Of The Police Benevolent Association Of The City 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.

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