TENNESSEE LEGAL COMMUNITY FOUNDATION

EIN: 621584777 501(c)(3) Crime & Legal

NASHVILLE, TN

Total Revenue
$1,812,046
Total Expenses
$1,703,462
Total Assets
$9,272,662
Net Assets
$5,032,156
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TN
Principal Officer
SHEREE WRIGHT
Phone
6153837421
Tax Period
2024-07-01 to 2025-06-30

TENNESSEE LEGAL COMMUNITY FOUNDATION, founded in 1994, is a community nonprofit in the Crime & Legal sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 6% surplus.

Mission

THE TENNESSEE LEGAL COMMUNITY FOUNDATION IS A 501(C)(3) NONPROFIT THAT PROVIDES CONTINUING LEGAL EDUCATION FOR MEMBERS OF THE TENNESSEE LEGAL COMMUNITY AND WORKS TO INCREASE THE PUBLIC'S ACCESS TO OUR JUSTICE SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $1,260,089 Revenue: $1,352,970

THE FOUNDATION'S PRIMARY PURPOSE IS TO EDUCATE THE PUBLIC ON THE GENERAL CONCEPTS AND PROCEDURES OF THE UNITED STATES LEGAL SYSTEM. THIS PURPOSE IS ACCOMPLISHED BY OFFERING CLASSES AND CONFERENCES TO...

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THE FOUNDATION'S PRIMARY PURPOSE IS TO EDUCATE THE PUBLIC ON THE GENERAL CONCEPTS AND PROCEDURES OF THE UNITED STATES LEGAL SYSTEM. THIS PURPOSE IS ACCOMPLISHED BY OFFERING CLASSES AND CONFERENCES TO THE COMMUNITY ON MANY LEGAL TOPICS, AS WELL AS EDUCATING THE LEGAL COMMUNITY.

Program 2
Expenses: $168,039 Revenue: $279,304

LEADERSHIP LAW AIMS TO SERVE THE LEGAL PROFESSION BY EQUIPPING PARTICIPANTS WITH THE VISION, KNOWLEDGE, AND SKILLS NECESSARY TO SERVE AS LEADERS IN THE PROFESSION AND IN THE COMMUNITY AS A WHOLE...

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LEADERSHIP LAW AIMS TO SERVE THE LEGAL PROFESSION BY EQUIPPING PARTICIPANTS WITH THE VISION, KNOWLEDGE, AND SKILLS NECESSARY TO SERVE AS LEADERS IN THE PROFESSION AND IN THE COMMUNITY AS A WHOLE. ELIGIBLE CANDIDATES WILL BE TENNESSEE LAWYERS WITH 5-15 YEARS OF EXPERIENCE BY THE TIME OF NOMINATION, CALCULATED FROM THE YEAR IN WHICH THEY WERE LICENSED. THE GOALS OF LEADERSHIP LAW ARE TO NURTURE EFFECTIVE LEADERSHIP WITH RESPECT TO ETHICAL, PROFESSIONAL, AND COMMUNITY SERVICE ISSUES, TO BUILD RELATIONSHIPS AMONG LEGAL LEADERS FROM ACROSS THE STATE AND FROM ACROSS DISCIPLINES WITHIN THE PROFESSION, TO RAISE THE LEVEL OF AWARENESS AMONG LAWYERS REGARDING THE BROAD RANGE OF ISSUES FACING THE LEGAL PROFESSION, AND TO ENHANCE THE DIVERSITY OF LEADERS WITHIN THE LEGAL PROFESSION AND THE COMMUNITY AS A WHOLE.

Program 3
Expenses: $98,504 Revenue: $7,966

THE YOUNG LAWYERS DIVISION (YLD) IS COMPRISED OF LAWYERS IN THEIR FIRST TEN YEARS OF PRACTICE OR UNDER 36 YEARS OF AGE. IT IS DEDICATED TO SERVING THE PROFESSIONAL NEEDS OF YOUNG LAWYERS AND SERVING...

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THE YOUNG LAWYERS DIVISION (YLD) IS COMPRISED OF LAWYERS IN THEIR FIRST TEN YEARS OF PRACTICE OR UNDER 36 YEARS OF AGE. IT IS DEDICATED TO SERVING THE PROFESSIONAL NEEDS OF YOUNG LAWYERS AND SERVING THE PUBLIC AS THE "SERVICE ARM OF THE BAR."

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,775
Program Service Revenue $1,640,240
Investment Income $169,038
Other Revenue $-8,007
TOTAL REVENUE $1,812,046

Expense Breakdown

Grants Paid $20,375
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,526,632
Other Expenses $1,683,087
TOTAL EXPENSES $1,703,462

Year-over-Year Comparison

2024 2023 Change
Revenue $1,812,046 $1,781,123 +0.0%
Expenses $1,703,462 $1,728,042 0.0%
Net Income $108,584 $53,081 +1.0%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
6
$394,469
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM BARRY CHAIR 0.25
Officer Director
$0 $0 $0
ED LANQUIST JR VICE CHAIR 0.25
Officer Director
$0 $0 $0
MARY BETH MADDOX TREASURER 0.25
Officer Director
$0 $0 $0
TERICA SMITH SECRETARY 0.25
Officer Director
$0 $0 $0
HEIDI BARCUS TRUSTEE 0.25
Director
$0 $0 $0
SHEREE WRIGHT EXECUTIVE DIRECTOR 5.00
Officer
$0 $22,452 $264,810
DERRICK DISHNER DIRECTOR OF FINANCE 5.00
Officer
$0 $21,343 $129,659
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
2025 $1,812,046 $1,703,462 $9,272,662 $108,584
2024 No data No data No data No data
2023 $1,693,645 $1,545,936 $7,472,985 $147,709
2022 $7,034,296 $1,549,510 $7,123,085 $5,484,786
2021 $1,757,506 $1,309,186 $1,974,662 $448,320
2019 $1,205,990 $1,160,798 $1,777,838 $45,192
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