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	2009	2008
Cash and Equivalents	$2,090,738	$2,518,659
Investments	6,221,731	7,651,216
Other Assets	1,997,052	331,243
Total Assets	$10,309,521	$10,501,118

REVENUES	December 31
REVENUES	2009	2008
Net IOLTA Program Income	$1,696,539	$4,691,500
Investment Income and Other	7,178,641	<513,524>
Total Revenues	$8,875,180	$4,177,976

LIABILITIES AND NET ASSETS	December 31
LIABILITIES AND NET ASSETS	2009	2008
Total Liabilities	$7,573,062	$7,946,437
Total Net Assets	2,736,459	2,554,681
Total Liabilities and Net Assets	$10,309,521	$10,501,118

EXPENSES	December 31
EXPENSES	2009	2008
Grants Awarded	$7,592,583	$8,088,390
Support Expenses (*incl. CMS)	1,100,819*	1,195,931*
Total Expenses	$8,693,402	$9,284,321

Increase (decrease) in net assets	$181,778	<$5,106,345>
Net assets at beginning of year	$2,554,681	$7,661,026
Net assets at end of year	$2,736,459	$2,554,681

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