Philadelphia Lawyers For Social Equity
EIN: 452980014 · Philadelphia, PA · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Net Assets | $-110,769 |
Is Philadelphia Lawyers For Social Equity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philadelphia Lawyers For Social Equity
Philadelphia Lawyers For Social Equity (EIN: 452980014) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code I80. The organization reported total revenue of $1.3M and total assets of $276K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Lawyers For Social Equity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Lawyers For Social Equity is a mid-size nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 38.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $980K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-394,803 |
| Total Assets | $187K |
| Total Liabilities | $297K |
| Net Assets | $-110,769 |
| Operating Margin | -40.3% |
| Debt-to-Asset Ratio | 159.4% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2024, Philadelphia Lawyers For Social Equity reported a deficit of $395K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 159.4% (high leverage).
Financial Trends
Over 8 years of filings (2017–2024), Philadelphia Lawyers For Social Equity's revenue has grown at a compound annual growth rate (CAGR) of 38.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +26.1% | -4.3% | -66.6% |
| 2023 | -48.6% | +41.9% | -48.1% |
| 2022 | +96.6% | +48.1% | +97.1% |
| 2021 | -1.1% | +28.6% | +16.4% |
| 2020 | +109.2% | +60.3% | +448.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philadelphia Lawyers For Social Equity 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 Philadelphia Lawyers For Social Equity 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $395K, with expenses exceeding revenue.
- Debt-to-asset ratio: 159.4%.
Frequently Asked Questions about Philadelphia Lawyers For Social Equity
Is Philadelphia Lawyers For Social Equity a legitimate charity?
Philadelphia Lawyers For Social Equity (EIN: 452980014) is a registered tax-exempt nonprofit based in Pennsylvania. It has 8 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: D.
How does Philadelphia Lawyers For Social Equity spend its money?
Philadelphia Lawyers For Social Equity reported $1.3M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Philadelphia Lawyers For Social Equity tax-deductible?
Philadelphia Lawyers For Social Equity is registered as a tax-exempt nonprofit (EIN: 452980014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philadelphia Lawyers For Social Equity located?
Philadelphia Lawyers For Social Equity is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 452980014. It is classified under NTEE code I80.
How many years of IRS 990 filings does Philadelphia Lawyers For Social Equity have?
Philadelphia Lawyers For Social Equity has 8 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 Philadelphia Lawyers For Social Equity showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2017–2024), Philadelphia Lawyers For Social Equity's revenue has grown by 889.2%, moving from $99K to $980K. Total assets increased by 1619.1% over the same period, from $11K to $187K. Total functional expenses rose by 1249.2%, from $102K to $1.4M. In its most recent filing year (2024), Philadelphia Lawyers For Social Equity reported a deficit of $395K, with expenses exceeding revenue. The organization holds $297K in liabilities against $187K in assets (debt-to-asset ratio: 159.4%), resulting in net assets of $-110,769.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $980K | $1.4M | $187K | $297K | — | — |
| 2023 | $777K | $1.4M | $560K | $275K | — | View 990 |
| 2022 | $1.5M | $1.0M | $1.1M | $134K | — | View 990 |
| 2021 | $769K | $684K | $547K | $102K | — | — |
| 2020 | $777K | $532K | $470K | $110K | — | View 990 |
| 2019 | $371K | $332K | $86K | $0 | — | View 990 |
| 2018 | $180K | $145K | $46K | $0 | — | View 990 |
| 2017 | $99K | $102K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $980K, expenses of $1.4M, and assets of $187K (revenue +26.1% year-over-year).
- 2023: Revenue of $777K, expenses of $1.4M, and assets of $560K (revenue -48.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.0M, and assets of $1.1M (revenue +96.6% year-over-year).
- 2021: Revenue of $769K, expenses of $684K, and assets of $547K (revenue -1.1% year-over-year).
- 2020: Revenue of $777K, expenses of $532K, and assets of $470K (revenue +109.2% year-over-year).
- 2019: Revenue of $371K, expenses of $332K, and assets of $86K (revenue +106.0% year-over-year).
- 2018: Revenue of $180K, expenses of $145K, and assets of $46K (revenue +82.0% year-over-year).
- 2017: Revenue of $99K, expenses of $102K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Lawyers For Social Equity:
Data Sources and Methodology
This transparency report for Philadelphia Lawyers For Social Equity 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.