Pikes Peak Gay & Lesbian

Nonprofit profile at a glance

EIN
840865253
IRS 990-EZ coverage
2010–2012
Forms available
Form 990 2011, Form 990-EZ 2012
Location
Colorado Springs, CO, USA
Phone
7194714429
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$47,215
Expenses
$74,097
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to empower the lesbian, gay, bisexual and transgender people of the pikes peak region to achieve civil and social equality. This is done by providing important resources and direct services, supporting and developing social and health-based groups and activities, advocating for lgbt interests in the media, courts, legislature and city council, and striving to build and strengthen community among lgbt people, while promoting acceptance among the public at-large. Ultimately, these tools allow the lgbt people to experience the many facets of social and legal equality.

What it reported doing in 2012

The "pride center" is the physical location where the organization provides direct services to the lgbt community, offering one-on-one support including helping a community member find food and lodging and orienting a newcomer to the Colorado springs area and the many state and local resources available. In addition, the center provides a safe and comfortable meeting facility for group activities and it functions as an office from which newsletters and emails are produced and distributed and other business. The center has over 800 members and the newsletter, community vision, is distributed to 2,500 individuals and families. Through the business group, netcore, the center also publishes an annual gay-friendly directory of business organization and lgbt groups and activities.

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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 5
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.4%; rating input score 81

Transparency & Controls

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

Sustainability

  • Operating margin: -56.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -38.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -41.5% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -63.5% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $60K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2010 to 2012
  • 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 — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.