THE LEADERSHIP COUNCIL ON LEGAL DIVERSITY INC

EIN: 270173338 Community Improvement

RICHMOND, VA

Total Revenue
$6,141,417
Total Expenses
$6,090,895
Total Assets
$7,867,447
Net Assets
$5,751,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
DE
Principal Officer
ROBERT J GREY JR
Phone
8043345366
Tax Period
2023-01-01 to 2023-12-31

THE LEADERSHIP COUNCIL ON LEGAL DIVERSITY INC, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $6.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE LCLD, INC. IS AN ORGANIZATION OF CORPORATE CHIEF LEGAL OFFICERS AND LAW FIRM MANAGING PARTNERS DEDICATED TO CREATING A LEGAL PROFESSION AS DIVERSE AS THE COUNTRY IT SERVES.

Program Service Accomplishments

Program 1

MEMBERSHIP DRIVE AND MEETING HELD TO PROMOTE DIVERSITY IN THE LEGAL PROFESSION. THERE WERE 270 ATTENDEES AT THE ANNUAL MEMBERSHIP MEETING IN 2023.

Program 2

THE LCLD LAW SCHOOL MENTORING PROGRAM IS A COMPREHENSIVE INITIATIVE FOR FIRST-YEAR LAW STUDENTS FROM DIVERSE BACKGROUNDS TO BE PAIRED WITH VOLUNTEER ATTORNEYS FROM LCLD MEMBER ORGANIZATIONS. IN...

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THE LCLD LAW SCHOOL MENTORING PROGRAM IS A COMPREHENSIVE INITIATIVE FOR FIRST-YEAR LAW STUDENTS FROM DIVERSE BACKGROUNDS TO BE PAIRED WITH VOLUNTEER ATTORNEYS FROM LCLD MEMBER ORGANIZATIONS. IN 2023-24, 1,357 MENTOR/MENTEE MATCHES WERE MADE.

Program 3

FOUNDED IN 2011, THE FELLOWS PROGRAM CONNECTS HIGH-POTENTIAL ATTORNEYS FROM DIVERSE BACKGROUND FOR A YEAR-LONG PROFESSIONAL DEVELOPMENT PROGRAM FOCUSED ON LEADERSHIP AND RELATIONSHIP BUILDING. THE...

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FOUNDED IN 2011, THE FELLOWS PROGRAM CONNECTS HIGH-POTENTIAL ATTORNEYS FROM DIVERSE BACKGROUND FOR A YEAR-LONG PROFESSIONAL DEVELOPMENT PROGRAM FOCUSED ON LEADERSHIP AND RELATIONSHIP BUILDING. THE FELLOWS PROGRAM PROVIDES PROFESSIONAL AND PERSONAL DEVELOPMENT OPPORTUNITIES, LEADERSHIP TRAINING, RELATIONSHIP-BUILDING RESOURCES, AND ACCESS TO LCLD MEMBERS (MANAGING PARTNERS AND GENERAL COUNSEL). THERE WERE 465 LCLD FELLOWS IN 2023.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,000
Program Service Revenue $6,063,087
Investment Income $33,330
Other Revenue $0
TOTAL REVENUE $6,141,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,515,610
Fundraising Expenses $140,500
Other Expenses $4,575,285
TOTAL EXPENSES $6,090,895

Year-over-Year Comparison

2023 2022 Change
Revenue $6,141,417 $5,150,737 +0.2%
Expenses $6,090,895 $4,525,875 +0.3%
Net Income $50,522 $624,862 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
14
Volunteers
2000

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
9
$530,837
Total Directors
17
$530,837
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT J GREY JR PRESIDENT 40.00
Officer Director
$530,837 $0 $530,837
ELLEN DWYER IMM. PAST CH 1.00
Officer Director
$0 $0 $0
KIM RIVERA CHAIR 1.00
Officer Director
$0 $0 $0
RICK PALMORE CHAIR EMERIT 1.00
Officer Director
$0 $0 $0
ERIC FRIEDMAN CHAIR ELECT 1.00
Officer Director
$0 $0 $0
DEV STAHLKOPF VP AT-LARGE 1.00
Officer Director
$0 $0 $0
JOEL UNRUCH TREASURER 1.00
Officer Director
$0 $0 $0
MARYANNE LAVAN VP AT-LARGE 1.00
Officer Director
$0 $0 $0
CARLOS BROWN SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTA D'ALIMONTE BOARD MEMBER 1.00
Director
$0 $0 $0
DENEEN DONNLEY BOARD MEMBER 1.00
Director
$0 $0 $0
HALIMAH DELAINE PRADO BOARD MEMBER 1.00
Director
$0 $0 $0
MITCHELL ZUKLIE BOARD MEMBER 1.00
Director
$0 $0 $0
PILAR RAMOS BOARD MEMBER 1.00
Director
$0 $0 $0
LUCY STARK BOARD MEMBER 1.00
Director
$0 $0 $0
DESIREE RALLS-MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
MARIE OH HUBER BOARD MEMBER 1.00
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 No data No data No data
2023 $6,141,417 $6,090,895 $7,867,447 $50,522
2022 $5,150,737 $4,525,875 $8,065,519 $624,862
2021 $4,176,806 $2,764,014 $7,023,795 $1,412,792
2020 $4,030,870 $2,878,888 $5,599,995 $1,151,982
2019 $3,965,942 $3,679,746 $4,254,923 $286,196
2018 $3,694,217 $3,199,077 $3,412,931 $495,140
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