Asa Legal Fund
- Assets
- $21.7k
- Revenue
- $21.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 47-4459740
Organization Overview
Asa Legal Fund is located in Jackson, MI. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asa Legal Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Asa Legal Fund generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $167.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (57.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASA LEGAL FUND WAS ORGANIZED TO CREATE A LEGAL FUND TO BE USED EXCLUSIVELY FOR THE U.S. INDOOR TANNING INDUSTRY. THE INDUSTRY HAS BEEN UNDER ATTACK FROM COMPETITIVE ANTI-TANNING GROUPS FOR MANY YEARS. THE OBJECTIVE OF THE ASA LEGAL FUND IS TO COLLECT CONTRIBUTIONS FROM INTERESTED PARTIES WHO ARE WILLING TO SUPPORT THE INDOOR TANNING INDUSTRY'S VARIOUS LEGAL RECOURSES DEEMED NECESSARY TO OVERCOME THESE ATTACKS THROUGH PROPER LEGAL CHANNELS. PROCEEDS FROM THE ASA LEGAL FUND ARE USED TO COVER THESE INDUSTRY LEGAL FEES AND RELATED EXPENSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVE OF THE ASA LEGAL FUND IS TO COLLECT CONTRIBUTIONS FROM INTERESTED PARTIES WHO ARE WILLING TO SUPPORT THE INDOOR TANNING INDUSTRY'S VARIOUS LEGAL RECOURSES DEEMED NECESSARY TO OVERCOME ATTACKS ON INDOOR TANNING THROUGH PROPER LEGAL CHANNELS. PROCEEDS FROM THE ASA LEGAL FUND ARE USED TO COVER THESE INDUSTRY LEGAL FEES AND RELATED EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Norton Secretary | OfficerTrustee | $0 | |
Roger Holmes Treasurer | OfficerTrustee | $0 | |
Diane Lucas President | OfficerTrustee | $0 | |
Matt Russell Executive Di | Officer | $0 | |
Zach Neugebauer Director | Trustee | $0 | |
Chris Sternberg Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,200 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $167 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,664 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $21,664 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,664 |
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