Leadership Nashville Foundation

Nonprofit profile at a glance

EIN
620986090
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Nashville, TN, USA
Phone
6152554075
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$918,986
Expenses
$863,775
Assets
$1,504,012
Liabilities
$13,429

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

34 people listed

Executive titles in this filing

  • BETH CHASE (BOARD PRESIDENT)
  • JACK O BOVENDER JR (BOARD VICE PRESIDENT)
  • EVETTE WHITE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • EVETTE WHITE (EXECUTIVE DIRECTOR): $237,489 total reported compensation
  • ELIZABETH MAJOR (OPERATIONS MANAGER): $108,574 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Leadership nashville identifies and invites a diverse cross-section of professional, civic and charitable leaders to participate in an intensive program designed to give them a multi-dimensional understanding of the community.

What it reported doing in 2024

Leadership nashville foundation identifies and invites a diverse cross-section of professional, civic and charitable leaders to participate in a one year, intensive program designed to give them a multi-dimensional understanding of the community. The program is intended to educate approximately 46 participants each year to widely differing points of view on issues facing this community and to build trust and respect between the participants from all walks of life. It is an independent, executive level program founded in 1976. The class of 2024/2025 consisted of 46 participants who met over nine program sessions (seven day long sessions bookended by overnight retreats).

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 70
  • Accountability: 84
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75%; rating input score 75
  • Program expense ratio: 78.2%; rating input score 78
  • Fundraising efficiency: $18.87 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.74; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 40.1%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 75% of revenue deployed · 78.2% of spending went to programs
  • Governance: 32 of 32 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $675K in reported program spending
  • Leadership: top reported pay $237K · 34 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.