Lgbt Center of Raleigh Inc

What it reported doing in 2024

Queer life initiative: the goal of this program is to create opportunities for people of all ages and identities to find community, build strong support networks, share resources, and chip away barriers the lgbtq+ community faces when accessing care. Healthworks initiative: this program brings health and wellness resources and services together in one place with its lgbtq+ community health fairs. The fairs offer covid-19 testing and vaccines, flu vaccines, HIV/sti testing services, food resources, free haircuts, gender affirming care, mental health care, and more. Through these, this program has been able to reach hundreds of people to provide for their specific needs. Youth and family initiative: aspyre (a safer place for youth to reach for excellence) leadership camp has been an activity of this program. The covid-19 pandemic has created a unique opportunity to engage with youth that would otherwise not be able to attend the camp. Young adult counselors work together to build a memorable day for the youth in attendance, which helps them learn leadership and self-care skills, the impact of intersectionality within the lgbtq+ community, and how to make change in their own environments. Youth and family initiative also holds a youth coffee house, a twice monthly meeting meant for middle and high school aged youth to meet outside of an lgbtq+ specific space to socialize and play games with peers. In summer months, this meeting has been known to host up to twenty youth at each meeting. Transgender initiative: this program includes a nonbinary discussion group, which is a monthly discussion based program that offers different conversation topics or speakers for nonbinary or questioning people to join and share ideas. On average, nonbinary discussion group has fifteen attendees each month with at least a quarter to half of those attendees not duplicated. Older adult initiative: the goal of this program is to help older members of the lgbtq+ community find ways of socializing and exercising. It also provides workshops for the members of the older lgbtq+ community geared toward their specific needs.

Financial Efficiency

• Mission deployment rate: 73.4%; rating input score 73
• Program expense ratio: 71%; rating input score 71
• Fundraising efficiency: $10.49 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

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; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • 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: -2%; rating input score 30; 30th percentile among comparable filings
• Total-asset coverage ratio: 2.84; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.47; rating input score 17; 17th percentile among comparable filings
• Officer compensation ratio: 18.3%; rating input score 17; 17th percentile among comparable filings

Growth

• Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
• Revenue growth: 8.6% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 19.1% per year; rating input score 100; 80th percentile among comparable filings