Pride Lafayette Inc
Nonprofit profile at a glance
- EIN
- 050574770
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Lafayette, IN, USA
- Phone
- 7654237579
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Lesbian, Gay Rights
Reported finances
- Revenue
- $151,105
- Expenses
- $147,938
- Assets
- $109,192
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Ashley Smith (President)
- Jesse Knoth-Harrington (Vice President)
- Derrick Jones (Executive Director)
People named in this filing
- Ashley Smith (President)
- Jesse Knoth-Harrington (Vice President)
- Jenny Smith (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2003, the mission of Pride Lafayette is to continually educate and promote awareness of diversity, health, culture and acceptance of individuals based on sexual orientation and gender identity. Together, members of the LGBTQ+ community work to reach the same goal of nondiscrimination by education. Pride Lafayette, Inc. facilitates and coordinates the efforts of the communities to work together on a number of programs and activities such as diversity education, health initiatives, community mobilization, cultural enhancement, and research.
What it reported doing in 2024
Community Center, which serves as a hub for Pride Lafayette activities, as well as a gathering place for members of the community - visiting by more than 7,500 people during the year.
Operating model
- Revenue model
- Donor-supported. 74% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.9%; rating input score 79
- Program expense ratio: 80.5%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.1%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 32.2%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 123.7% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 42.7% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 78.9% of revenue deployed · 80.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $119K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 10/100.