Overview
What is Louisville Pride Foundation Inc?
The Louisville Pride Foundation is a nonprofit organization situated in Louisville, dedicated to strengthening the city as a harmonious community that cherishes diversity and embraces the LGBTQA population. They actively promote inclusivity for all, serving as a beacon that celebrates this community's unique identity. One of their key initiatives includes organizing the Louisville Pride Festival, which celebrates this diversity in a grand and unified manner. In addition, they have established an LGBTQ community center, providing a space for this community to gather, connect, and access resources. By fostering a sense of unity and acceptance, the Louisville Pride Foundation plays a crucial role in enriching the city's cultural landscape.
Official website here: www.louisvillepride.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating. The Louisville Pride Foundation Inc has received a low rating primarily due to concerns regarding its accountability and financial practices. While the organization has a fully independent board, scoring well in that area, it lacks several essential policies such as conflict of interest and whistleblower protections, which raised flags about its governance.
On a positive note, the foundation demonstrates strong community engagement and equity strategies, earning a score of 85 in both categories. Furthermore, the organization maintains a low liabilities to assets ratio, indicating a stable financial position. The program expense ratio, however, shows that only a modest portion of its expenses is directed towards programs, suggesting potential inefficiencies in funding allocation.
Overall, while the Louisville Pride Foundation has strengths in board independence and community involvement, it faces significant challenges in governance and financial management. The lack of crucial policies may hinder its credibility and effectiveness, impacting donor confidence and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Louisville Pride Foundation Inc legitimate?
Louisville Pride Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Pride Foundation 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: $85,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.louisvillepride.com
What is the mission statement of Louisville Pride Foundation Inc?
The Louisville Pride Foundation, in its mission, strives to establish Louisville as a unified community that appreciates diversity, encourages inclusivity for all, and wholeheartedly accepts the LGBTQA community. By producing the Louisville Pride Festival and opening an LGBTQ community center, the foundation fosters an environment that celebrates and embraces this community, fostering a sense of belonging and unity.
Official website here: www.louisvillepride.com
Who is the CEO of Louisville Pride Foundation Inc?
Mike Slaton is the Board Chair of Louisville Pride Foundation Inc.
Official website here: www.louisvillepride.com
What is the revenue of Louisville Pride Foundation Inc?
Louisville Pride Foundation Inc's revenue in 2022 was $501,671.
Official website here: www.louisvillepride.com
Who are the executives of Louisville Pride Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.louisvillepride.com
Where can I find the form 990 for Louisville Pride Foundation Inc?
Louisville Pride Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.louisvillepride.com
Learn more at the official website: www.louisvillepride.com
Mission Statement of Louisville Pride Foundation Inc
The Louisville Pride Foundation, a notable organization, is dedicated to promoting Louisville as a harmonious community that cherishes diversity, encourages inclusion for all, and wholeheartedly embraces the LGBTQA community. Through its mission, this nonprofit strives to foster a sense of unity and acceptance, ensuring that everyone, regardless of their sexual orientation or gender identity, feels valued and included. The Louisville Pride Foundation achieves this by producing the Louisville Pride Festival and by establishing an LGBTQ community center, serving as a platform for the LGBTQA community to connect, engage, and celebrate their shared experiences.
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Impact
July, 2024
Louisville Pride Foundation Inc promotes Louisville as one community that celebrates diversity, fosters inclusion for all, and embraces the LGBTQA community. Their activities include producing the Louisville Pride Festival and opening an LGBTQ community center. Through these efforts, they contribute to advancing civil rights and creating a more inclusive and welcoming environment for the LGBTQA community in Louisville, Kentucky.
This information is meant to be a general summary of Louisville Pride Foundation 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: -$1,562
- Gross Receipts: $501,671
Assets and Liabilities:
- Total Assets: $239,666
- Total Liabilities: $20,581
- Net Assets: $219,085
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Organization Details
Founding Year
2014
Phone
(502) 365-9876Principal Officer
Mike Slaton
Main Address
1244 S 3rd Street, Louisville, KY, 40203
Website
www.louisvillepride.comNTEE Category
Code: R01 - Civil rights
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