Overview
What is Greater Fort Lauderdale Pride Inc?
Greater Fort Lauderdale Pride Inc is a nonprofit organization situated in Hollywood, Florida. Their primary mission is to engage and enrich the lives of the LGBTQ+ community and its allies through various educational, civic, and cultural activities. The organization primarily gains income from its annual Gay Pride event, which serves as a significant fundraising opportunity. The proceeds from this event are then allocated to support other local not-for-profit organizations and further promote education and outreach within the broader community. During 2022, fundraising efforts were carried out despite the cancellation of the Gay Pride Festival and Parade due to delays and insufficient sponsorships. The Festival and Parade were subsequently held in February 2023, and any remaining funds are used to support these community-focused initiatives. The organization employs a team of two individuals, operating under the name Pride Fort Lauderdale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41% (Zero-Star out of Four Star Rating)
Greater Fort Lauderdale Pride Inc has received a low rating of 41% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored poorly in critical areas, including the lack of independent board members and a concerning liabilities to assets ratio of 965.51%, which raises questions about its financial stability.
Despite these weaknesses, the nonprofit does have strengths in its governance policies, including a conflict of interest policy, whistleblower policy, and documented board meeting minutes. Moreover, the organization scored exceptionally well in cultural and community scores, indicating a strong commitment to its mission and community engagement.
However, the absence of transparency is a notable limitation, as the organization failed to provide its website on tax forms and did not post its tax documents on its website. This lack of accessibility to important information may hinder potential donors and stakeholders from fully understanding the organization's operations and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Fort Lauderdale Pride Inc legitimate?
Greater Fort Lauderdale Pride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Fort Lauderdale 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,706
For more financial information, click here
What is the mission statement of Greater Fort Lauderdale Pride Inc?
Greater Fort Lauderdale Pride Inc's mission is centered around promoting and engaging in education, civic, and cultural activities. The primary goal is to enrich the lives of individuals identifying as Gay, Lesbian, Bisexual, Transgender, and those with other gender identities, as well as the community as a whole. The organization strives to work together towards common goals, aiming to create a united front. They utilize their main annual Pride event as a platform, with the income generated supporting other not-for-profit organizations within the community and promoting education and outreach to a broader audience.
Who is the CEO of Greater Fort Lauderdale Pride Inc?
Michael Martorell is the President of Greater Fort Lauderdale Pride Inc.
What is the revenue of Greater Fort Lauderdale Pride Inc?
Greater Fort Lauderdale Pride Inc's revenue in 2022 was $67,867.
Who are the executives of Greater Fort Lauderdale Pride Inc and what are their salaries?
The average compensation at Greater Fort Lauderdale Pride Inc during 2022 was $17,853. There are 2 employees and 10 volunteers at Greater Fort Lauderdale Pride Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Fort Lauderdale Pride Inc?
Greater Fort Lauderdale Pride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Fort Lauderdale Pride Inc
Greater Fort Lauderdale Pride Inc, a nonprofit organization, is dedicated to promoting and engaging in educational, civic, and cultural activities. Their mission is to enrich the lives of individuals identifying as Gay, Lesbian, Bisexual, Transgender, and those with other gender identities, as well as the broader community as a whole. By working together towards common goals, this organization seeks to create a more inclusive and harmonious society.
Greater Fort Lauderdale Pride Inc's activities are geared towards achieving this mission. They organize annual Gay Pride events, with the primary income generated from these events being used to fund other not-for-profit organizations within the community and support education and outreach initiatives. The organization's annual Gay Pride Festival and Parade, although not held in 2022 due to delays and lack of sponsorships, returned in 2023. The remaining funds from these events are channeled towards supporting other community organizations and promoting education and outreach to a wider audience.
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Impact
August, 2024
Greater Fort Lauderdale Pride Inc's impact includes promoting education, civic, and cultural activities to enrich the lives of LGBTQ+ individuals and the community as a whole. The organization's main program, the annual Gay Pride event, raises funds to support other nonprofit organizations within the community and facilitate outreach and education efforts. Despite challenges such as delayed festivals and lack of sponsorships, the organization continues to work towards achieving common goals and advocating for civil rights.
This information is meant to be a general summary of Greater Fort Lauderdale 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.
- Gross Receipts: $214,503
Assets and Liabilities:
- Total Assets: $190,754
- Total Liabilities: $203,900
- Net Assets: -$13,146
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Organization Details
Founding Year
1993
Phone
(786) 229-6055Principal Officer
Michael Martorell
Main Address
3401 North 29th Avenue, Hollywood, FL, 33020
NTEE Category
Code: R12 - Civil rights
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