Civic Intelligence

The Leadership Council On

EIN 27-0173338 • 501(c)6 • Richmond, VA

Profile

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.

951 E Byrd StRichmond, VA 23219

www.lcld.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.29x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.39x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

44th percentile

3.0%

Higher net margin than 44% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

1.7%

Faster asset growth than 35% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

61st percentile

9.4%

Faster revenue growth than 61% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$8,347,500

Up $480,053 (+6.1%) from 2023

Liabilities

Up

$2,409,461

Up $293,658 (+14%) from 2023

Net Assets

Up

$5,938,039

Up $186,395 (+3.2%) from 2023

Revenue

Up

$6,165,718

Up $24,301 (+0.4%) from 2023

Expenses

Down

$5,979,323

Down $111,572 (-1.8%) from 2023

Net Income

Up

$186,395

Up $135,873 (+269%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2014: $2,201,734Liabilities 2014: $911,075Net Assets 2014: $1,290,6592014Assets 2015: $1,972,339Liabilities 2015: $742,252Net Assets 2015: $1,230,0872015Assets 2016: $2,802,313Liabilities 2016: $1,183,156Net Assets 2016: $1,619,1572016Assets 2017: $2,627,447Liabilities 2017: $922,297Net Assets 2017: $1,705,1502017Assets 2018: $3,412,931Liabilities 2018: $1,187,641Net Assets 2018: $2,225,2902018Assets 2019: $4,254,923Liabilities 2019: $1,743,437Net Assets 2019: $2,511,4862019Assets 2020: $5,599,995Liabilities 2020: $1,936,527Net Assets 2020: $3,663,4682020Assets 2021: $7,023,795Liabilities 2021: $1,947,535Net Assets 2021: $5,076,2602021Assets 2022: $8,065,519Liabilities 2022: $2,364,397Net Assets 2022: $5,701,1222022Assets 2023: $7,867,447Liabilities 2023: $2,115,803Net Assets 2023: $5,751,6442023Assets 2024: $8,347,500Liabilities 2024: $2,409,461Net Assets 2024: $5,938,0392024

Highlighted filing

2024

Assets$8,347,500
Liabilities$2,409,461
Net Assets$5,938,039

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $2,430,358Expenses 2014: $2,351,403Net Income 2014: $78,9552014Revenue 2015: $2,614,697Expenses 2015: $2,675,269Net Income 2015: -$60,5722015Revenue 2016: $3,132,389Expenses 2016: $2,743,319Net Income 2016: $389,0702016Revenue 2017: $3,191,207Expenses 2017: $3,105,214Net Income 2017: $85,9932017Revenue 2018: $3,694,217Expenses 2018: $3,199,077Net Income 2018: $495,1402018Revenue 2019: $3,965,942Expenses 2019: $3,679,746Net Income 2019: $286,1962019Revenue 2020: $4,030,870Expenses 2020: $2,878,888Net Income 2020: $1,151,9822020Revenue 2021: $4,176,806Expenses 2021: $2,764,014Net Income 2021: $1,412,7922021Revenue 2022: $5,150,737Expenses 2022: $4,525,875Net Income 2022: $624,8622022Revenue 2023: $6,141,417Expenses 2023: $6,090,895Net Income 2023: $50,5222023Revenue 2024: $6,165,718Expenses 2024: $5,979,323Net Income 2024: $186,3952024

Highlighted filing

2024

Revenue$6,165,718
Expenses$5,979,323
Net Income$186,395

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.0
Gross Receipts
$6,169,085
Mission and Program Overview

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 we serve.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,408,132$6,795,033▲ $386,901
Savings and Temporary Cash Investments$1,079,272$1,115,734▲ $36,462
Intangible Assets$177,832$138,314▼ $39,518
Prepaid Expenses and Deferred Charges$72,930$112,383▲ $39,453
Land, Buildings, and Equipment, Net$32,931$25,972▼ $6,959
Pledges and Grants Receivable$10,750--
Total Assets$7,867,447$8,347,500▲ $480,053
Other Assets Total$85,600$160,064▲ $74,464
Liabilities
Deferred Revenue$1,821,353$1,971,039▲ $149,686
Accounts Payable and Accrued Expenses$207,446$271,050▲ $63,604
Other Liabilities$87,004$167,372▲ $80,368
Total Liabilities$2,115,803$2,409,461▲ $293,658
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,751,644$5,938,039▲ $186,395
Total Net Assets Fund Balance$5,751,644$5,938,039▲ $186,395
Total Liabilities and Net Assets / Fund Balance$7,867,447$8,347,500▲ $480,053

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,972$47,424$73,396
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert J Grey JrPresidentFT$435,000$109,163$544,163
Jennifer DentonEmployeeFT$316,000-$316,000
Nichole VelasquezEmployeeFT$141,000-$141,000
Sarah AlexanderEmployeeFT$131,500-$131,500
Jamie DumasEmployeeFT$129,500-$129,500
Caitlin PuffenbergerEmployeeFT$103,000-$103,000

Board Members and Trustees

NameTitle
Kim RiveraChair
Eric FriedmanChair Elect
Rick PalmoreChair Emerit
CHRISTA D'ALIMONTEBoard Member
Deneen DonnleyBoard Member
Desiree Ralls-morrisonBoard Member
Halimah Delaine PradoBoard Member
Lucy StarkBoard Member
Mitchell ZuklieBoard Member
Ellen DwyerImm. Past Ch
Carlos BrownSecretary
Joel UnruchTreasurer
Dev StahlkopfVP At-large
Maryanne LavanVP At-large

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert J Grey JrManagement951 EAST BYRD STREET, Richmond, VA 23219$544,163
Don Belt Communications-4206 NORTHWICH ROAD, Midlothian, VA 23112$115,000
Revenue and Support

Revenue Composition

Contributions and Grants
$30,000
Program Service Revenue
$6,102,625
Investment Income
$33,093
Other Revenue
$0
All Other Contributions
$30,000
Change in Net Assets
$186,395

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,165,718
Total Revenue per Audited Statements
$6,165,718
Total Revenue per Form 990
$6,165,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,687,846
Salaries, Compensation, and Employee Benefits$2,291,477
Total Fundraising Expense$130,887
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,381,100$75,060$45,036$1,501,196
Current Officers, Directors, Trustees, and Key Employees$510,600$27,750$16,650$555,000
Conferences and Meetings$456,075$25,337$25,337$506,749
Other Expenses$273,498-$23,782$297,280
All Other Expenses$257,936$34,012$1,556$293,504
Office Expenses$142,912$17,710$4,654$165,276
Other Employee Benefits$112,766$6,128$3,677$122,571
Payroll Taxes$103,693$5,636$3,381$112,710
Occupancy$91,914$4,995$2,997$99,906
Travel$67,366$3,661$2,197$73,224
Depreciation Depletion$49,691$2,701$1,620$54,012
Fees for Services Accounting-$21,435-$21,435
Total Functional Expenses$5,624,011$224,425$130,887$5,979,323

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,979,323
Total Expenses per Audited Statements$5,979,323
Total Expenses per Form 990$5,979,323
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Liability$167,372
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI

The board of the leadership council on legal diversity, inc. Is composed of general counsel and managing partners from corporations and law firms whose firms and corporate law departments may engage in billable work together. All board members are required to sign annual conflict of interest policy statements and must disclose any business relationships.

Form 990, Page 6, Part VI, Line 2

See additional information above

Form 990, Page 6, Part VI, Line 3

The organization contracted with robert grey, jr. To provide management services.

Form 990, Page 6, Part VI, Line 6

DUES-PAYING MEMBERS

Form 990, Page 6, Part VI, Line 7A

The members have the power to elect the board of directors from candidates recommended by the membership and nominating committee. Members shall also vote on other matters presented to them by the board of directors from time to time at any annual or special meeting or by written ballot.

Form 990, Page 6, Part VI, Line 7B

The corporations certificate of incorporation and the bylaws may be amended, altered, or repealed, and new bylaws may be adopted, by an affirmative vote of the directors, provided that any change affecting the duties or rights of the members shall also be approved by a vote of at least 51% of the members entitled to vote thereon, as provided in person or by written ballot, provided that a statement of the proposed amendment shall have been given in the notification to the meeting of the members or set forth on the written ballot.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 was made available to the board of directors and was carefully reviewed prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors has a conflict of interest policy which is set forth in the bylaws. Annual statements are sent to all board of directors for completion.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Leadership Council on
EIN
27-0173338
Phone
8043345366
Address
951 E BYRD ST, RICHMOND, VA 23219

Signing Officer

Name
Robert J Grey Jr
Title
President
Phone
8047878044
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Grey Jr
Formed
2009
Legal Domicile
De
Voting Board Members
13
Independent Board Members
13
Employees
17
Volunteers
2,000

Preparer

Firm
Wellscoleman
Address
5004 MONUMENT AVE, RICHMOND, VA 23230
Preparer
Rebecca J Tres
Phone
8043581150
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The lcld 1l scholars program offers first-year law students from diverse backgrounds a unique opportunity to engage in professional development and build lasting connections across the legal industry. Through career-focused programming, scholars gain valuable insights and support at a critical early stage in their professional journeys. In 2024, there were 607 1l scholars. In 2024, 461 early-career attorneys from lcld member organizations participated in the pathfinder program, a seven-month professional development experience focused on foundational leadership and relationship-building. The program offers participants the chance to learn from top legal leaders as well as experts in learning and development, equipping them with essential skills for career growth.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE LCLD SUCCESS IN LAW SCHOOL MENTORING PROGRAM IS A NATIONWIDE INITIATIVE THAT CONNECTS FIRST-YEAR LAW STUDENTS FROM DIVERSE BACKGROUNDS WITH EXPERIENCED ATTORNEYS FROM LCLD MEMBER ORGANIZATIONS. IN 2024-25, THE PROGRAM FOSTERED MORE THAN 1,300 MEANINGFUL MENTORING RELATIONSHIPS, OFFERING GUIDANCE, SUPPORT, AND A STRONG FOUNDATION FOR FUTURE SUCCESS IN THE LEGAL PROFESSION.
IRS990/ProgSrvcAccomActy3Grp/Desc0FOUNDED IN 2011, THE LCLD FELLOWS PROGRAM IS A PREMIER, YEAR-LONG PROFESSIONAL DEVELOPMENT EXPERIENCE THAT CONNECTS HIGH-POTENTIAL ATTORNEYS FROM DIVERSE BACKGROUNDS TO ADVANCE THEIR LEADERSHIP SKILLS AND EXPAND THEIR NETWORKS. THROUGH PERSONALIZED DEVELOPMENT, LEADERSHIP TRAINING, AND DIRECT ENGAGEMENT WITH LCLD MEMBERS-MANAGING PARTNERS AND GENERAL COUNSEL- THE 2024 PROGRAM SUPPORTED 434 FELLOWS IN STRENGTHENING THEIR INFLUENCE WITHIN THE LEGAL PROFESSION.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE LCLD 1L SCHOLARS PROGRAM OFFERS FIRST-YEAR LAW STUDENTS FROM DIVERSE BACKGROUNDS A UNIQUE OPPORTUNITY TO ENGAGE IN PROFESSIONAL DEVELOPMENT AND BUILD LASTING CONNECTIONS ACROSS THE LEGAL INDUSTRY. THROUGH CAREER-FOCUSED PROGRAMMING, SCHOLARS GAIN VALUABLE INSIGHTS AND SUPPORT AT A CRITICAL EARLY STAGE IN THEIR PROFESSIONAL JOURNEYS. IN 2024, THERE WERE 607 1L SCHOLARS. IN 2024, 461 EARLY-CAREER ATTORNEYS FROM LCLD MEMBER ORGANIZATIONS PARTICIPATED IN THE PATHFINDER PROGRAM, A SEVEN-MONTH PROFESSIONAL DEVELOPMENT EXPERIENCE FOCUSED ON FOUNDATIONAL LEADERSHIP AND RELATIONSHIP-BUILDING. THE PROGRAM OFFERS PARTICIPANTS THE CHANCE TO LEARN FROM TOP LEGAL LEADERS AS WELL AS EXPERTS IN LEARNING AND DEVELOPMENT, EQUIPPING THEM WITH ESSENTIAL SKILLS FOR CAREER GROWTH.
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