Albuquerque Pride Inc
Nonprofit profile at a glance
- EIN
- 850443655
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Albuquerque, NM, USA
- Phone
- 5056049224
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Commemorative Events
Reported finances
- Revenue
- $131,432
- Expenses
- $135,239
- Assets
- $100,723
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- RAYMOND SIERRA LOPEZ (PRESIDENT)
People named in this filing
- RAYMOND SIERRA LOPEZ (PRESIDENT)
- ROBERT SIERRA LOPEZ (VICE PRES. O)
- DANIELLE MEDINA (VICE PRES. O)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Albuquerque pride strives to promote the lesbian, gay, bisexual, transgender, intersex and queer lgbtiq community through producing quality events in celebration of sexual diversity.
What it reported doing in 2024
Pride parade and pridefest: an event that celebrates lesbian, gay, transgender, intersex, and queer lgbtiq culture and pride. Pridefest provides a safe place for personal expression in a diverse community environment.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 77.5%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.9%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -6% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 77.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.