Gay Pride Virginia Dba Va Pride

Nonprofit profile at a glance

EIN
412212870
IRS 990 coverage
2019–2021
Forms available
Form 990 2021, Form 990-EZ 2018, Form 990-N 2013
Location
Richmond, VA, USA
Phone
8044960954
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Lesbian, Gay Rights

Official website

Reported finances

Revenue
$18,332
Expenses
$11,422
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • STEPHANIE BROWN MERLO (PRESIDENT)

People named in this filing

  • STEPHANIE BROWN MERLO (PRESIDENT)
  • ROBERT DVORAK (SECRETARY)
  • MAUREEN SCOTT (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to be a vehicle for lesbian, gay, bisexual, transgender and queer (lgbtq+) awareness, networking and education to reach the broader community in the commonwealth of Virginia. Through various methods, we seek to provide unique events designed to instill pride, celebrate unity and embrace diversity in the commonwealth of Virginia. We strive to improve the lives of lgbtq+ virginians by creating visibility and promoting full human and civil rights through education, networking and celebrations that advocate equality. The organization's vision is to unite the segmented lgbtq+ communities throughout the commonwealth of Virginia and strive to be a representative body of the lgbtq+ community. We also seek to standardize pride for the commonwealth of Virginia by holding a statewide annual pridefest event.

What it reported doing in 2021

The organization created visibility and enhanced awareness for lgbtq+ virginians by holding a number of outdoor events that celebrated and advocated diversity, equality and civil rights.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 46
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.3%; rating input score 62
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 37.7%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -113.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 56th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 62.3% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2019 to 2021
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.