Overview
What is Heritage Of Pride Inc?
Heritage of Pride Inc, operating under the name NYC Pride, is a nonprofit organization situated in New York City. Their primary mission is to advocate for equal rights and promote a discrimination-free future where everyone is treated equally under the law. They achieve this goal by organizing a variety of Pride events that inspire, educate, commemorate, and celebrate the diverse LGBTQIA+ community. These events offer a platform for activism, protest, celebration, and advocacy, with the annual Pride March being a symbol of their presence in the community for over half a century. Other annual events include PrideFest, Pride Rally, and Pride Island, providing opportunities for connection, celebration, and advocacy within the LGBTQIA+ community. The organization employs 15 individuals, working tirelessly toward a future of equality and inclusivity.
Official website here: www.nycpride.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Heritage Of Pride Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its financial health and accountability measures. While the organization has a solid program expense ratio of 90.65% and excellent fundraising efficiency, reflecting effective use of donations for its mission, it struggles with high liabilities relative to its assets, resulting in a significant concern regarding its financial sustainability.
The organization boasts a fully independent board, with all members meeting independence standards, and demonstrates strong governance practices, including a conflict of interest policy and whistleblower policy. However, the absence of a tax form distributed to the board prior to filing raises questions about its internal processes and oversight. This lack of financial transparency may contribute to the perceived weaknesses in its overall fiscal responsibility.
Additionally, the working capital ratio indicates negative financial stability, which could potentially hinder the organization's ability to fulfill its mission in the long term. While Heritage Of Pride Inc shows strengths in various accountability measures, addressing its financial management issues is crucial for enhancing its overall rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Of Pride Inc legitimate?
Heritage Of Pride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Of Pride Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $341,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $777,629
For more financial information, click here
Official website here: www.nycpride.org
What is the mission statement of Heritage Of Pride Inc?
Heritage of Pride Inc works towards a future where all individuals, regardless of their sexual orientation or gender identity, have equal rights under the law. They achieve this goal by organizing LGBTQIA+ pride events that serve to educate, inspire, commemorate, and celebrate the diverse community. Their events offer various opportunities for activism, protests, celebrations, and advocacy. The iconic NYC Pride March has symbolized their presence in the community for over half a century. PrideFest provides a platform for small businesses and organizations to connect with the community in a free and open street fair. Pride Island allows for public dancing and celebrations. Youth Pride serves as a safe space for youth to gather, unite, and make new friends. The Human Rights Conference and the Rally offer a platform for activists and organizers to express their views and for attendees to hear from significant voices in the community. Artistic events are also part of their offerings.
Official website here: www.nycpride.org
Who is the CEO of Heritage Of Pride Inc?
Sue Doster is the Director Of Entertai. & Events of Heritage Of Pride Inc.
Official website here: www.nycpride.org
What is the revenue of Heritage Of Pride Inc?
Heritage Of Pride Inc's revenue in 2022 was $5,679,308.
Official website here: www.nycpride.org
Who are the executives of Heritage Of Pride Inc and what are their salaries?
The average compensation at Heritage Of Pride Inc during 2022 was $74,582. There are 15 employees and 250 volunteers at Heritage Of Pride Inc.
Here are 14 key members and their salaries:
- Compensation: $147,157
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- Other: $4,431
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Official website here: www.nycpride.org
Where can I find the form 990 for Heritage Of Pride Inc?
Heritage Of Pride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycpride.org
Learn more at the official website: www.nycpride.org
Mission Statement of Heritage Of Pride Inc
Heritage of Pride Inc strives towards a future where all individuals, regardless of their sexual orientation or gender identity, are entitled to equal rights under the law. The organization achieves this objective by organizing LGBTQIA+ pride events that inspire, educate, commemorate, and celebrate the diversity of the community. These events provide various platforms for the community to gather, express their activism, protest, celebrate, and advocate. The legendary NYC Pride March, which has been a symbol of their presence in the community for over half a century, is one such event. PrideFest offers small businesses and organizations an opportunity to connect with the community in a free and open street fair, while Pride Island serves as a symbol of their ability to dance and celebrate publicly. Youth Pride has become a central hub for youth to gather in a safe space, unite with their friends, and make new ones. The Human Rights Conference and the Rally offer a platform for activists and organizers to make their voices heard and for attendees to hear from important voices in their community. Arts events such as concerts and performances further enrich the community experience, fostering a sense of unity and celebration.
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Impact
August, 2024
Heritage Of Pride Inc's impact is significant in working towards a future without discrimination where all people have equal rights under the law. By producing LGBTQIA+ pride events, the organization inspires, educates, commemorates, and celebrates the diverse LGBTQIA+ community. The Pride events, including the Pride March, PrideFest, annual dance events, and the Pride Rally, serve as platforms for activism, protest, celebration, and advocacy. These events have become symbols of LGBTQIA+ presence in the community for over half a century, promoting pride, sense of community, and diversity. Heritage Of Pride Inc plays a crucial role in providing safe spaces for youth, connecting small businesses and organizations with the LGBTQIA+ community, and giving voice to activists and organizers. Their efforts contribute to advancing civil rights and fostering a more inclusive society.
This information is meant to be a general summary of Heritage Of Pride Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,198
- Program Service Revenue: $1,988,013
- Gross Receipts: $5,751,526
Assets and Liabilities:
- Total Assets: $1,961,091
- Total Liabilities: $2,117,734
- Net Assets: -$156,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$1,988,013
Organization Details
Founding Year
1985
Phone
(212) 807-7433Principal Officer
Sue Doster
Main Address
154 CHRISTOPHER ST Suite SUITE 1D, NEW YORK, NY, 10014
Website
www.nycpride.orgNTEE Category
Code: R30Z - Civil rights
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