Finance

Total funding for civil legal aid falls far short of the statewide need. Funding for civil legal aid has not kept up with Washington’s growing low-income population. The Washington State Supreme Court’s Task Force on Civil Equal Justice determined in 2004 that the Alliance needs an additional $28million per year (over twice the current funding level) to provide critical access to justice for Washington’s poor. This additional funding will ensure that some level of civil legal aid is available for the 140,000 households in Washington that experience an urgent civil legal problem and seek help. Funding is a public-private partnership. The courts, the legislature, the private bar and charitable donors have collaborated to make the promise of “equal justice for all” a reality for all Washingtonians, regardless of income.

Statements of Financial Position and Activities

ASSETS	December 31
ASSETS	2010	2009
Cash and Equivalents	$1,334,564	$2,090,738
Investments	6,784,929	6,221,731
Other Assets	469,981	1,997,052
Total Assets	$8,589,474	$10,309,521

REVENUES	December 31
REVENUES	2010	2009
Net IOLTA Program Income	$1,956,511	$1,696,539
Investment Income and Other	4,909,416	7,178,641
Total Revenues	$6,865,927	$8,875,180

LIABILITIES AND NET ASSETS	December 31
LIABILITIES AND NET ASSETS	2010	2009
Total Liabilities	$6,586,894	$7,573,062
Total Net Assets	2,002,580	2,736,459
Total Liabilities and Net Assets	$8,589,474	$10,309,521

EXPENSES	December 31
EXPENSES	2010	2009
Grants Awarded	$6,633,473	$7,592,583
Support Expenses (*incl. CMS)	*966,333	1,100,819*
Total Expenses	$7,599,806	$8,693,402

Increase (decrease) in net assets	($733,879)	$181,778
Net assets at beginning of year	$2,736,459	$2,554,681
Net assets at end of year	$2,002,580	$2,736,459

Figures are excerpted from our audited financial statements. A complete copy of the original audit report is available from the Legal Foundation of Washington.