Sf Lgbt Center Capital Fund

Nonprofit profile at a glance

EIN
320485225
IRS 990 coverage
2016–2023
Forms available
Form 990 2023
Location
San Francisco, CA, USA
Phone
4158655555
Rating confidence
Limited
Sector
Single Organization Support

Reported finances

Revenue
$0
Expenses
$230,151
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • TERRY MICHEAU (PRESIDENT/CHAIR)
  • DEBRA CHAW (VICE PRESIDENT/VICE CHAIR)

Highest reported compensation

  • REBECCA ROLFE (TREASURER): $27,053 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Connecting people, resources, and opportunities, so together we can build a strong and healthy lgbt community, and a more welcoming and equitable world

What it reported doing in 2023

Support the services and programs of the sf lgbt center, including economic development, information and referrals services, youth programs, and operation of a community center

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 93
  • Accountability: 72
  • Sustainability: 3
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.7%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 28.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: -10% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -17% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $230K in reported program spending
  • Leadership: top reported pay $27K · 5 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 6 filed schedules · includes grants
  • Filing history: 8 filing years from 2016 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.