Come Out with Pride Inc

Nonprofit profile at a glance

EIN
264696702
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2012
Location
Orlando, FL, USA
Phone
4074872861
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Lesbian, Gay Rights

Official website

Reported finances

Revenue
$968,663
Expenses
$924,826
Assets
$856,631
Liabilities
$2,610

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

Leadership & pay

16 people listed

Executive titles in this filing

  • COREY BRYANT (PRESIDENT)
  • MELODY MONET (VICE PRESIDENT)
  • TATIANA QUIROGA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TATIANA QUIROGA (EXECUTIVE DIRECTOR): $98,375 total reported compensation

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

Overview

Mission

Come out with pride creates accepting spaces, which foster a sense of community, encourage lgbtqia+ individuals to live openly and with pride.

What it reported doing in 2024

Produce pride events that fosters a sense of community, encourages lgbtqia+ citizens to live openly and with pride, and educates the general public of our shared cultural heritage. Encourage fellowship and support among participating businesses, professionals, individuals, and charitable pursuits in the lgbtqia+ and allied communities. Provide positive role models in the lgbtqia+ and allied communities. Oppose prejudice in society at large and within the lgbtqia+ and allied communities on the basis of sexual orientation and gender identity. Foster communication and mutual support among the lgbtqia+ persons and the allied communities. Provide financial support to other lgbtqia+ oriented non-profit organizations in the local area made possible by the proceeds from each year's event.

Operating model

Revenue model
Donor-supported. 82% 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.

The verdict

STRONG - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 79
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.5%; rating input score 96
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 24.1% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 95.5% of revenue deployed · 100% of spending went to programs
  • Governance: 15 of 15 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $925K in reported program spending
  • Leadership: top reported pay $98K · 16 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 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.

Key Signals

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

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.