LINE 3 LEGAL FUND (EIN 862254861) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

CAROLINE SHEFFIELD

Phone

2068181846

Tax Period

2024-01-01 to 2024-12-31

Mission

THE LINE 3 LEGAL DEFENSE FUND PROVIDES FINANCIAL SUPPORT TO PEOPLE FACING ARREST, JAIL TIME, AND STATE REPRESSION BECAUSE OF THEIR OPPOSITION TO ENBRIDGE'S LINE 3 PIPELINE PROJECT. WE ARE A VOLUNTEER-RUN NONPROFIT ORGANIZATION BASED OUT OF THE TWIN CITIES, AND WERE FOUNDED IN 2019 AND WILL CONTINUE TO OPERATE FOR AS LONG AS IS NEEDED. WE ARE FLEXIBLE AND ADAPTABLE TO THE NEEDS OF DEFENDANTS, AND RESPOND TO REQUESTS ON A CASE BY CASE BASIS. WE ARE SO GRATEFUL FOR THE RISKS THAT WATER PROTECTORS HAVE TAKEN, AND SO EXCITED TO SUPPORT THEM

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,895

TOTAL EXPENSES $1,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$10,930	-1.0%
Expenses	$1,895	$65,842	-1.0%
Net Income	N/A	$-54,912	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE CHESNIK	BOARD MEMBER	N/A	Director	$0	$0	$0
SARAH COFFEY	BOARD MEMBER	N/A	Director	$0	$0	$0
MARCOS GIOSSI	BOARD MEMBER	N/A	Director	$0	$0	$0
GENNA MASTELLONE	BOARD MEMBER	N/A	Director	$0	$0	$0
TIMOTHY SCHAEFER	BOARD MEMBER	N/A	Director	$0	$0	$0
CAROLINE SHEFFIELD	TREASURER	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	$1,895	No data	No data
2023	$10,930	$65,842	$18,788	$-54,912
2022	$208,619	$312,008	$73,915	$-103,389
2021	$216,468	$39,145	$196,093	$177,323

LINE 3 LEGAL FUND