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Nonprofit · EIN 85-2827042

INTERNATIONAL LEGAL FINANCE ASSOCIATION

Tax-exempt · WASHINGTON, DC 20004

Financials

$1.8M$2.1M2023$1.9M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of INTERNATIONAL LEGAL FINANCE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,919,589$2,736,331-$816,742$1,346,203$2,272,385-$926,182
December 31, 2023990$1,785,441$2,123,816-$338,375$147,851$257,291-$109,440
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,716,826
Membership dues
$1,716,826
Program service revenue
$202,763
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$173,878
Salaries, compensation and benefits (total)
$185,879
Professional fundraising fees
$0
Legal fees
$19,922
Accounting fees
$31,060

Balance sheet and other

Total assets, start of year
$147,851
Total assets, end of year
$1,346,203
Total liabilities, end of year
$2,272,385
Net assets, end of year
-$926,182
Gross receipts
$1,919,589
Employees
1
Volunteers
0
Year formed
2020
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GARY BARNETTEXECUTIVE DIRECTOR
Officer
40$150,688$21,354
NEIL PURSLOWCHAIRMAN
Trustee or director
10$0$0
JONATHAN BARNESDIRECTOR
Trustee or director
2$0$0
CHRISTOPHER BOGARTDIRECTOR
Trustee or director
2$0$0
SUSAN DUNNDIRECTOR
Trustee or director
2$0$0
WILLIAM FARRELLDIRECTOR
Trustee or director
2$0$0
KEVIN MCCAFFREYDIRECTOR
Trustee or director
2$0$0
CHRISTOPHER DELISEDIRECTOR
Trustee or director
2$0$0
ALLEN FAGINDIRECTOR
Trustee or director
2$0$0
IAN GARRARDDIRECTOR
Trustee or director
2$0$0
DAVID ICIKSONDIRECTOR
Trustee or director
2$0$0
MICHAEL ROZENDIRECTOR
Trustee or director
2$0$0
SARAH JOHNSONDIRECTOR
Trustee or director
2$0$0
RAYMOND VAN HULSTDIRECTOR
Trustee or director
2$0$0
THOMAS KOHLMEIERDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
GARY BARNETTEXECUTIVE DIRECTOR
Officer
40$318,573$54,112
NEIL PURSLOWCHAIRMAN
Trustee or director
10$0$0
JONATHAN BARNESDIRECTOR
Trustee or director
2$0$0
CHRISTOPHER BOGARTDIRECTOR
Trustee or director
2$0$0
SUSAN DUNNDIRECTOR
Trustee or director
2$0$0
WILLIAM FARRELLDIRECTOR
Trustee or director
2$0$0
KEVIN MCCAFFREYDIRECTOR
Trustee or director
2$0$0
CHRISTOPHER DELISEDIRECTOR
Trustee or director
10$0$0
ALLEN FAGINDIRECTOR
Trustee or director
2$0$0
IAN GARRARDDIRECTOR
Trustee or director
2$0$0
DAVID ICIKSONDIRECTOR
Trustee or director
2$0$0
HASSAN MURPHYDIRECTOR
Trustee or director
2$0$0
MICHAEL ROZENDIRECTOR
Trustee or director
2$0$0
JACK NEUMARKDIRECTOR
Trustee or director
2$0$0
SARAH JOHNSONDIRECTOR
Trustee or director
2$0$0
RAYMOND VAN HULSTDIRECTOR
Trustee or director
2$0$0
THOMAS KOHLMEIERDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1455 PENNSYLVANIA AVE NW STE 400, WASHINGTON, DC 20004-1017
Principal officer (990 for 2024)
PAUL KONG, 1455 PENNSYLVANIA AVE NW STE 400, WASHINGTON, DC 20004
Signed the 990
PAUL KONG, EXECUTIVE DIRECTOR
Phone
(301) 949-2490
Return prepared by
LIVELY WORCH & COMPANY PC

Mission

ILFA'S MISSION IS TO ENGAGE, EDUCATE AND INFLUENCE LEGISLATIVE, REGULATORY AND JUDICIAL LANDSCAPES AS THE GLOBAL VOICE OF THE COMMERCIAL LEGAL FINANCE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ENGAGE, EDUCATE AND INFLUENCE LEGISLATIVE, REGULATORY AND JUDICIAL LANDSCAPES AS THE GLOBAL VOICE OF THE COMMERCIAL LEGAL FINANCE INDUSTRY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2827042
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,346,203
Income (IRS master file)
$1,919,589

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,919,589$2,736,331$1,346,203XML
990December 2023$1,785,441$2,123,816$147,851XML
990December 2022$1,852,748$2,073,085$377,370IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2827042).

Questions about INTERNATIONAL LEGAL FINANCE ASSOCIATION

What is the EIN of INTERNATIONAL LEGAL FINANCE ASSOCIATION?
The employer identification number (EIN) of INTERNATIONAL LEGAL FINANCE ASSOCIATION is 85-2827042.
Is INTERNATIONAL LEGAL FINANCE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Are donations to INTERNATIONAL LEGAL FINANCE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INTERNATIONAL LEGAL FINANCE ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INTERNATIONAL LEGAL FINANCE ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INTERNATIONAL LEGAL FINANCE ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INTERNATIONAL LEGAL FINANCE ASSOCIATION?
The 990 for the year ended December 31, 2024 names PAUL KONG.
Who are the officers and directors of INTERNATIONAL LEGAL FINANCE ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $150,688 (GARY BARNETT, EXECUTIVE DIRECTOR).
How much revenue does INTERNATIONAL LEGAL FINANCE ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,919,589, expenses of $2,736,331 and total assets of $1,346,203 at year end.

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