Celebrating 30 years of helping you give wisely
America's most independent,
assertive charity watchdog
Top Rated

Legal Momentum

CharityWatch report issued
March 2024

Top-Rated Charity
B+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
71%
Program Percentage
Amount spent on programs
relative to overhead.
 
$12
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Legal Momentum
32 Broadway
Suite 1801
New York, NY 10004

Other Names

None

Tax Status

501(c)3

Stated Mission

To ensure the economic and personal security of all women and girls, while safeguarding and expanding the rights of women under the law.

View similar charities
Data based on Fiscal Year Ended 06/30/2023

Program Percentage: 71%

The percentage of Legal Momentum's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$1,900,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $12

How many dollars Legal Momentum spends on fundraising to raise each $100 of contributions.

$1,600,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Legal Momentum Audited Financial Statements 23-7085442
Legal Momentum IRS Form 990 23-7085442
Entity: Legal Momentum
Document Type: Audited Financial Statements
Tax ID: 23-7085442
Entity: Legal Momentum
Document Type: IRS Form 990
Tax ID: 23-7085442

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Legal Momentum
meets governance benchmarks.
 
Legal Momentum
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy

  Name Title Compensation
1 Carol A. Baldwin Moody President/CEO $233,312
2 Lynn Schafran Senior Vice President $174,213
3 Jennifer Becker-Allbee Legal Director $164,708
1
Name: Carol A. Baldwin Moody
Title: President/CEO
Compensation: $233,312
2
Name: Lynn Schafran
Title: Senior Vice President
Compensation: $174,213
3
Name: Jennifer Becker-Allbee
Title: Legal Director
Compensation: $164,708

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the Legal Momentum audit of June 30, 2023 (Note F, Donated services):

During fiscal-years 2023 and 2022, the Organization received donated legal services on which it placed a value of $2,880,192 and $1,623,889, respectively.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the Legal Momentum audit of June 30, 2020 (Note L, Commitments and Contingency, [3] Employment agreement):

"In June 2023, the Organization amended the employment agreement with its President commencing July 1, 2023 through June 30, 2024."


Related Articles

No related articles found