Appalachian School Of Law
- Assets
- $20.6m
- Revenue
- $3.6m
- Investments
- $8.2m
- Employees
- 77
- Location
- Grundy, VA
- Founding
- 08/1995
- Data as of
- 06/2022
- EIN
- 54-1743079
Organization Overview
Appalachian School Of Law is located in Grundy, VA. The organization was established in 1995. As of 06/2022, Appalachian School Of Law employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian School Of Law is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Appalachian School Of Law generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $6.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASL EXISTS TO PROVIDE OPPORTUNITY FOR PEOPLE FROM APPALACHIA AND BEYOND TO REALIZE THEIR DREAMS OF PRACTICING LAW AND BETTERING THEIR COMMUNITIES. WE ATTRACT A QUALIFIED, DIVERSE AND DEDICATED STUDENT BODY, MANY OF WHOM WILL REMAIN IN THE REGION AFTER GRADUATION AND SERVE AS LEGAL COUNSELORS, ADVOCATES, JUDGES, MEDIATORS, COMMUNITY LEADERS, AND PUBLIC OFFICIALS. WE OFFER A NATIONALLY RECRUITED, DIVERSE, AND WELL-QUALIFIED FACULTY, A RIGOROUS PROGRAM FOR THE PROFESSIONAL TRAINING OF LAWYERS AND A COMPREHENSIVE LAW LIBRARY. THE PROGRAM EMPHASIZES PROFESSIONAL RESPONSIBILITY, AND PRACTICE SKILLS. THE ASL COMMUNITY IS AN EXCITING, STUDENT-CENTERED ENVIRONMENT THAT EMPHASIZES HONESTY, INTEGRITY, FAIRNESS, AND RESPECT FOR OTHERS. WE ALSO EMPHASIZE COMMUNITY SERIVCE AND PROVIDE RESOURCES FOR PEOPLE, THE BAR, COURTS AND OTHER INSTITUTIONS OF THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE APPALACHIAN SCHOOL OF LAW (ASL) BEGAN THE FALL SEMISTER OF 2021 WITH 62 FULL-TIME 1L STUDENTS ENROLLED IN THE JD PROGRAM FOR A TOTAL ENROLLMENT OF 158 STUDENTS. IN THE SPRING OF 2022, ASL AWARDED THE JD DEGREE TO 41 GRADUATES. BASED ON STUDENT ADDRESSES AT THE TIME OF ENROLLMENT,50% OF THE 2022 STUDENT BODY WERE RESIDENTS OF THE APPALACHIAN REGION. ASL STUDENTS HAVE COMPLETED OVER 250,000 HOURS OF COMMUNITY SERVICE SINCE THE SCHOOL'S FOUNDING. A 2020 SURVEY OF FIVE RECENT ASL CLASSES ESTABLISHED THAT 58% OF OUR GRADUATES ARE LIVING, PRACTICING,AND SERVING THEIR COMMUNITIES WITHIN THE APPALACHIAN REGION. ADDITIONALLY, A SURVEY OF STUDENTS NINE MONTHS AFTER GRADUATION SHOWS THAT 31% OF THE 2021 GRADUATES WERE SERVING THEIR COMMUNITIES IN THE APPALACHIAN REGION. BETWEEN ASL'S FIRST GRADUATING CLASS AND 2020, 62% OF NEW RESIDENT LAWYERS IN THE SEVEN COUNTIES SURROUNDING THE APPALACHIAN SCHOOL OF LAW RECEIVED THEIR J.D. DEGREES FROM ASL. THE APPALACHIAN SCHOOL OF LAW'S CONTRIBUTION TO NEW LAWYERS IN THE SEVEN COUNTIES TOTALED 6% DURING THE SAME PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Honorable Jerry Kilgore Chair | Trustee | $0 | |
Wade Mcgeorge Secretary | Trustee | $0 | |
Steven Keeler Treasurer | Trustee | $0 | |
Michael Mcglothlin Assistant Tr | Trustee | $0 | |
B Keith Faulkner President An | Officer | 40 | $173,958 |
Gerald Arrington Trustee Memb | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $843,219 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,589 |
| Noncash contributions included in lines 1a–1f | $25,434 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,325,808 |
| Total Program Service Revenue | $2,086,918 |
| Investment income | $162,172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,644,283 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $187,708 |
| Compensation of current officers, directors, key employees. | $46,928 |
| Compensation to disqualified persons | $125,000 |
| Other salaries and wages | $2,389,754 |
| Pension plan accruals and contributions | $138,032 |
| Other employee benefits | $0 |
| Payroll taxes | $263,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $143,224 |
| Office expenses | $109,311 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $491,390 |
| Travel | $74,526 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $71,334 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $627,947 |
| Insurance | $470,546 |
| All other expenses | $551,434 |
| Total functional expenses | $6,554,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,233,684 |
| Accounts receivable, net | $133,355 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,556 |
| Prepaid expenses and deferred charges | $178,290 |
| Net Land, buildings, and equipment | $8,559,065 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,238,137 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,843,103 |
| Total assets | $20,611,671 |
| Accounts payable and accrued expenses | $153,773 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,602,697 |
| Total liabilities | $2,756,470 |
| Net assets without donor restrictions | $11,842,383 |
| Net assets with donor restrictions | $6,012,818 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,611,671 |