Out Central Inc

Nonprofit profile at a glance

EIN: 208542024
IRS 990-EZ coverage: 2010–2014
Forms available: Form 990-EZ 2014, Form 990-N 2007
Location: Nashville, TN, USA
Phone: 6152944834
Rating: 86
Verdict: STRONG
Rating confidence: Moderate
Sector: Lesbian, Gay Rights

Official website

Reported finances

Revenue: $37,711
Expenses: $34,972
Assets: $23,735
Liabilities: $3,258

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

JULIE RELIFORD (CHAIR)
JOSHUA RIGSBY (VICE CHAIR)
PATRICK BOGGS (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-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community Center for the LGBT community.

What it reported doing in 2014

Provides space for meetings and offices for other non-profit organizations and for the organization's programs serving the gay, lesbian, bisexual and transgender community.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 93
Transparency & Controls: 82
Sustainability: 49
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 90.2%; rating input score 90
Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 7.3%; rating input score 60; 60th percentile among comparable filings
Total-asset coverage ratio: 0.68; rating input score 38; 38th percentile among comparable filings
Liabilities to assets ratio: 0.14; rating input score 22; 22nd percentile among comparable filings
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: 6.5% per year; rating input score 100; 65th percentile among comparable filings
Revenue growth: 8.4% per year; rating input score 100; 75th percentile among comparable filings
Asset growth: -3.9% per year; rating input score 0; 33rd percentile among comparable filings

Details

Where the money goes: 90.2% of revenue deployed · 97.3% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $34K in reported program spending
Leadership: top reported pay $0 · 9 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 5 filing years from 2010 to 2014
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
High — Sustainability: Liabilities to assets ratio scored 22/100.
Review — Sustainability: Officer compensation ratio scored 57/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.