Overview
What is Promo Fund?
Promo Fund is a nonprofit organization situated in St. Louis, Missouri, with a team of seven dedicated individuals. Their primary mission is to advocate for public policies that positively impact the LGBTQ community, addressing health disparities, lack of access, and other challenges affecting their health and well-being. To accomplish this, they organize volunteers across the state of Missouri, utilizing education and community action as their tools for promoting equality and support for LGBTQ citizens.
Official website here: www.promoonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. This high rating indicates that Promo Fund has demonstrated strong accountability and financial performance, scoring exceptionally well in several key areas. The overall score reflects a commitment to maintaining transparency and sound fiscal practices, which is crucial for donor trust and support.
Promo Fund excels in governance, with a fully independent board comprising seven members. The absence of material diversion of assets and the presence of comprehensive policies, including conflict of interest and whistleblower protections, further underscore the organization's dedication to ethical management. Additionally, a strong program expense ratio of over 70% suggests that a significant portion of funds is directed towards its mission-related activities, enhancing the nonprofit’s impact.
While the data highlights numerous strengths, it is important for potential donors or supporters to consider the broader context of the organization’s programs and outcomes. Understanding how effectively Promo Fund achieves its mission beyond financial metrics can provide a more comprehensive view of its operation and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Promo Fund legitimate?
Promo Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promo Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,170
For more financial information, click here
Official website here: www.promoonline.org
What is the mission statement of Promo Fund?
The mission of Promo Fund is centered around organizing volunteers across Missouri to advocate for the rights and equality of LGBTQ citizens. They achieve this through education and community action. The organization reviews public policies affecting healthcare and other relevant areas impacting the LGBTQ community. They aim to raise awareness about health disparities, limited access, and other challenges in public policy that affect the health and well-being of the LGBTQ community.
Official website here: www.promoonline.org
Who is the CEO of Promo Fund?
Katy Erker-Lynch is the Vice-Chair of Promo Fund.
Official website here: www.promoonline.org
What is the revenue of Promo Fund?
Promo Fund's revenue in 2022 was $478,961.
Official website here: www.promoonline.org
Who are the executives of Promo Fund and what are their salaries?
The average compensation at Promo Fund during 2022 was $36,739. There are 7 employees and 37 volunteers at Promo Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $79,167
- Related: $3,434
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.promoonline.org
Where can I find the form 990 for Promo Fund?
Promo Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promoonline.org
Learn more at the official website: www.promoonline.org
Mission Statement of Promo Fund
Promo Fund, an organization based in Missouri, is dedicated to mobilizing volunteers to advocate for equality and support for the LGBTQ community. Their mission is twofold: firstly, they aim to educate the public and engage the community in promoting understanding and acceptance for LGBTQ citizens. Secondly, they engage in community action, working towards policy changes that positively impact the health and well-being of this community. Promo Fund reviews public policies affecting various aspects of the LGBTQ community, including healthcare. They raise awareness about health disparities, lack of access, and other challenges in public policy that impact the community's health. By organizing volunteers and advocating for changes, Promo Fund strives to create a more inclusive and equitable society for all LGBTQ citizens.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Promo Fund's impact includes organizing volunteers across the state of Missouri to support and promote equality for LGBTQ citizens through education and community initiatives. The organization reviews public policy related to healthcare and other areas affecting the LGBTQ community, with a focus on raising awareness of health disparities, promoting access to healthcare, and addressing challenges in public policy that impact the well-being of LGBTQ individuals. Their efforts contribute to building a more inclusive and supportive environment for LGBTQ individuals in Missouri.
This information is meant to be a general summary of Promo Fund. 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: $14,021
- Gross Receipts: $482,764
Assets and Liabilities:
- Total Assets: $350,342
- Total Liabilities: $18,211
- Net Assets: $332,131
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(314) 862-4900Principal Officer
Katy Erker-Lynch
Main Address
2200 GRAVOIS AVE STE 201, ST LOUIS, MO, 63104
Website
www.promoonline.orgNTEE Category
Code: P20Z - Human services
If you are a representative of Promo Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.