Queens Lesbian and Gay Pride Committee Inc

Nonprofit profile at a glance

EIN: 113146598
IRS 990-EZ coverage: 2011–2018
Forms available: Form 990-EZ 2018
Location: Jackson Heights, NY, USA
Phone: 7182199921
Rating: 61
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Management & Technical Assistance

Official website

Reported finances

Revenue: $193,644
Expenses: $155,750
Assets: $42,741

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

Zachariah Boyer (Co-Chair)
Mo George (Co-Chair)
William M Meehan (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Producing Gay Pride Events

What it reported doing in 2018

Organize and promote the annual Gay and Lesbian Pride Day Parade and related events to foster understanding and acceptance.Educate the general public with films and presentations.

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

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 52
Transparency & Controls: 82
Sustainability: 51
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 47.6%; rating input score 48
Program expense ratio: 59.1%; rating input score 59

Transparency & Controls

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

Sustainability

Operating margin: 19.6%; rating input score 77; 77th percentile among comparable filings
Total-asset coverage ratio: 0.27; rating input score 25; 25th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

Program expense growth: -9.3% per year; rating input score 0; 14th percentile among comparable filings
Revenue growth: -3.5% per year; rating input score 0; 14th percentile among comparable filings
Asset growth: -0.7% per year; rating input score 0; 29th percentile among comparable filings

Details

Where the money goes: 47.6% of revenue deployed · 59.1% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $92K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 8 filing years from 2011 to 2018
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.

Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
Review — Financial Efficiency: Program expense ratio scored 59/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 25/100.
High — Growth: Asset growth scored 0/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.