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← INSTITUTE FOR LAW AND ECONOMIC POLICY INC

Form 990 for tax year 2022

Filed by INSTITUTE FOR LAW AND ECONOMIC POLICY INC.

Totals

Total revenue
$65,266
Total expenses
$47,878
Contributions and grants received
$65,266
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$310,637
Total liabilities, end of year
$5,500
Net assets or fund balances, end of year
$305,137
Program services expenses (Part IX)
$29,014
Management and general expenses
$18,864
Fundraising expenses
$0
Program service expenses (Part III)
$29,014

Program services were 60.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $65,266

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $15,500 · management and general $15,500

  • 11g · Fees: other

    total $32,378 · program services $29,014 · management and general $3,364

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $210,955 · end of year $207,315

  • 9 · Prepaid expenses and deferred charges

    beginning of year $82,294 · end of year $103,322

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,500 · end of year $5,500

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $287,749 · end of year $305,137

Mission and programs · 2022

Mission

THE INSTITUTE FOR LAW AND ECONOMIC POLICY IS A PUBLIC POLICY RESEARCH AND EDUCATIONAL FOUNDATION ESTABLISHED TO PRESERVE STUDY AND ENHANCE ACCESS TO THE CIVIL JUSTICE SYSTEM BY ALL CONSUMERS AND INVESTORS.

Activities or mission (Part I)

PUBLIC POLICY RESEARCH AND EDUCATIONAL FOUNDATION

  • PRESENTATION OF VIEWS, OPINIONS & TOPICS IN AN OPEN FORUM WHERE SPEAKERS WHO ARE EXPERTS IN THEIR FIELDS ARE ABLE TO EXPRESS THEIR SUBJECT MATTER.

    Expenses $29,014

As filed on the 2022 return.

Listed in Part VII

  • Marc I Gross

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • Edward Labaton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Laura Stein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
19 October 2023
IRS schema version
2022v5.0
Source object
202303139349302785

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