Reading Pride Celebration
Nonprofit profile at a glance
- EIN
- 208316378
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Wyomissing, PA, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Lesbian, Gay Rights
Reported finances
- Revenue
- $124,957
- Expenses
- $133,694
- Assets
- $4,348
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Enrique Castro Jr (Executive Director)
- Jose Joel Delgado (Board President)
People named in this filing
- Enrique Castro Jr (Executive Director)
- Ben Renkus (Board Member)
- Jose Joel Delgado (Board President)
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
To support LGBTQ+ individuals through advocacy education and community engagement celebrating our history empowering our future and ensuring everyone can live openly authentically and safely.
What it reported doing in 2024
Gala & Ambassador Competition: Our Gala & Ambassador Competition isnt just a fundraiser; its a celebration of diversity and empowerment. This signature event not only fuels our initiatives for the year but also crowns our Pride Ambassador a beacon of community representation and unity for Reading Pride.
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: 48
- Transparency & Controls: 100
- Sustainability: 12
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.1%; rating input score 49
- Program expense ratio: 45.9%; rating input score 46
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: -7%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 40.1%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: -4.2% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -90.8% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 49.1% of revenue deployed · 45.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $61K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 7/100.