Overview
What is Phoenix Pride Inc?
Phoenix Pride Inc, located in Phoenix, Arizona, is a dedicated nonprofit organization with a mission to unite, educate, and engage people in supporting and empowering the LGBTQ community and their allies. They achieve this through various activities, including annual events such as the Phoenix Pride Parade and Festival. The parade attracts over 4,200 participants and approximately 12,000 spectators, showcasing diverse entries from local, regional, and national LGBTQ-friendly individuals and organizations. The festival, held over two days, gathers over 45,000 attendees and features over 250 exhibitors and 180 entertainment performances on seven stages. Government officials, corporations, and celebrities participate in these events, raising awareness of their support for a prosperous LGBTQ community. Phoenix Pride Inc employs a team of four individuals, continually working towards the betterment and recognition of the LGBTQ community.
Official website here: www.phoenixpride.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Phoenix Pride Inc has earned a respectable Three-Star rating from Charity Navigator, reflecting solid accountability and financial health. The organization demonstrates strong governance with a fully independent board and effective policies regarding conflicts of interest and whistleblower protections. Their program expense ratio is particularly noteworthy, with 91.56% of expenses allocated to programs, indicating a strong focus on their mission.
The nonprofit's financial management appears sound, highlighted by a low liabilities to assets ratio of 11.79%, suggesting it is operating well within its means. The transparency in operations is commendable, evidenced by the availability of board meeting minutes and a comprehensive approach to document retention and destruction.
However, while the score is positive, there might still be areas for improvement in expanding their outreach or diversifying funding sources to enhance sustainability. Continuous monitoring of financial practices and program effectiveness will be crucial for maintaining and potentially improving their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Phoenix Pride Inc legitimate?
Phoenix Pride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix 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: $129,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,759
For more financial information, click here
Official website here: www.phoenixpride.org
What is the mission statement of Phoenix Pride Inc?
Phoenix Pride Inc's mission is to unite, educate, and engage people to support and empower the LGBTQ community and their allies. The organization aims to bring diverse individuals and organizations together, fostering a sense of unity within the LGBTQ community and beyond. The annual Phoenix Pride Parade and Festival serve as platforms to educate the public about the ongoing civil rights battle faced by the LGBTQ community and celebrate its existence. These events attract thousands of spectators and participants from various sectors, demonstrating support for a prosperous LGBTQ community.
Official website here: www.phoenixpride.org
Who is the CEO of Phoenix Pride Inc?
Mike Fornelli is the Executive Director of Phoenix Pride Inc.
Official website here: www.phoenixpride.org
What is the revenue of Phoenix Pride Inc?
Phoenix Pride Inc's revenue in 2022 was $2,727,136.
Official website here: www.phoenixpride.org
Who are the executives of Phoenix Pride Inc and what are their salaries?
The average compensation at Phoenix Pride Inc during 2022 was $78,274. There are 4 employees and 500 volunteers at Phoenix Pride Inc.
Here are 14 key members and their salaries:
- Compensation: $118,285
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- Other: $11,054
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Official website here: www.phoenixpride.org
Where can I find the form 990 for Phoenix Pride Inc?
Phoenix Pride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phoenixpride.org
Learn more at the official website: www.phoenixpride.org
Mission Statement of Phoenix Pride Inc
Phoenix Pride Inc, a prominent organization, aims to unite, educate, and engage people in supporting and empowering the LGBTQ community and their allies. This nonprofit's mission is to bring together individuals and organizations from various sectors, fostering an inclusive environment that promotes the well-being and advocacy of the LGBTQ community.
Annually, Phoenix Pride Inc organizes significant events such as the Phoenix Pride Parade and the Phoenix Pride Festival. These events attract a significant number of participants, including local, regional, and national individuals and organizations, aiming to raise awareness about the ongoing civil rights battles faced by the LGBTQ community. The parade and festival serve as a platform for education, celebration, and unity, with over 12,000 spectators and 45,000 attendees, respectively, participating in these events. By bringing together a diverse range of individuals and organizations, Phoenix Pride Inc plays a crucial role in fostering understanding and acceptance within society, ultimately empowering the LGBTQ community.
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Impact
July, 2024
Phoenix Pride Inc's impact is significant in uniting, educating, and engaging people to support and empower the LGBTQ community and its allies. Through events like the annual Phoenix Pride Parade and Festival, the organization provides a platform for diverse parade entries, individual participants, and spectators to come together from the metropolitan Phoenix area and beyond. With over 45,000 attendees, 250 exhibitors, and 180 entertainment performances, Phoenix Pride raises awareness about the civil rights battle and celebrates the LGBTQ community's existence. The involvement of government officials, government services, private corporations, and celebrities further showcases support for a prosperous LGBTQ community, making a lasting impact on spectators and the general public.
This information is meant to be a general summary of Phoenix 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: $57
- Program Service Revenue: $1,570,674
- Gross Receipts: $2,823,509
Assets and Liabilities:
- Total Assets: $1,629,175
- Total Liabilities: $192,081
- Net Assets: $1,437,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$1,570,674
Organization Details
Founding Year
1990
Phone
(602) 277-7433Principal Officer
Mike Fornelli
Main Address
PO BOX 16847, PHOENIX, AZ, 850116847
Website
www.phoenixpride.orgNTEE Category
Code: R300 - Civil rights
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