Fund for Equal Justice Inc

Nonprofit profile at a glance

EIN
386100680
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Detroit, MI, USA
Phone
3133451225
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$59,607
Expenses
$57,911
Assets
$10,408

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • VALERIE NEWMAN (PRESIDENT)

People named in this filing

  • VALERIE NEWMAN (PRESIDENT)
  • RICHARD LEVEY (TREASURER)
  • JOHN PHILO (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promoting equal justice since 1965

What it reported doing in 2024

Organization raises funds to distribute to organziations promoting equal access to justice

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.6%; rating input score 97
  • Program expense ratio: 99.4%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 2.8%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.6% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -17.6% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -49.3% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 96.6% of revenue deployed · 99.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $58K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.