Overview
What is Federation Of Gay Games Inc?
The Federation of Gay Games Inc, located in San Francisco, California, serves as a pivotal nonprofit organization. Their primary mission is to promote equality through the planning and execution of the renowned Gay Games, a significant international sports and cultural event that welcomes the LGBTQ+ community and its allies. The current Gay Games 11 is being held in both Hong Kong and Guadalajara in 2023, which they are overseeing. Additionally, they are responsible for selecting the host city for future Gay Games events. With administrative expenses dedicated to overseeing these events, the Federation of Gay Games Inc plays a crucial role in fostering unity and inclusivity within the LGBTQ+ community through sports and culture.
Official website here: www.gaygames.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%
The Federation Of Gay Games Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in crucial areas such as the Accountability & Finance Score, where it achieved just 40%. This score reflects issues like a low percentage of independent board members and a concerning liabilities to assets ratio, which may raise questions about financial stability.
Despite some strengths, such as having a majority of independent board members and a policy for whistleblower protections, the charity has notable limitations. The absence of a Document Retention and Destruction policy and failure to post tax forms on its website highlight gaps in transparency. Furthermore, the program expense ratio stands at only 34.82%, suggesting that a smaller portion of its budget is directed towards its programs compared to administrative costs.
Overall, while the Federation Of Gay Games Inc demonstrates some strengths in governance policies, the overall financial health and accountability measures are concerning. Potential donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of Gay Games Inc legitimate?
Federation Of Gay Games Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of Gay Games 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.
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gaygames.org
What is the mission statement of Federation Of Gay Games Inc?
The Federation of Gay Games Inc., in its mission, focuses on promoting equality by organizing the prestigious international LGBTQ+ and gay-friendly event called the Gay Games. This event encompasses both sports and culture. The organization is responsible for selecting the host city for the upcoming Gay Games and overseeing the organization of the current event. The Gay Games serve as a platform to foster unity and equality within the LGBTQ+ community, encouraging participation from all around the world.
Official website here: www.gaygames.org
Who is the CEO of Federation Of Gay Games Inc?
Michael S Myers is the Principal Officer of Federation Of Gay Games Inc.
Official website here: www.gaygames.org
What is the revenue of Federation Of Gay Games Inc?
Federation Of Gay Games Inc's revenue in 2023 was $149,007.
Official website here: www.gaygames.org
Who are the executives of Federation Of Gay Games Inc and what are their salaries?
There 24 volunteers at Federation Of Gay Games Inc.
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Official website here: www.gaygames.org
Where can I find the form 990 for Federation Of Gay Games Inc?
Federation Of Gay Games Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gaygames.org
Learn more at the official website: www.gaygames.org
Mission Statement of Federation Of Gay Games Inc
The Federation of Gay Games Inc, a renowned organization, is committed to promoting equality through its primary activity. This involves overseeing the planning and execution of the prestigious international LGBTQ+ and gay-friendly event known as the Gay Games. This sport and cultural extravaganza serves as a platform to bring together individuals from around the world, fostering a sense of unity and camaraderie. The organization also plays a significant role in selecting the host city for the upcoming Gay Games, ensuring that each event is meticulously organized and inclusive.
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Impact
October, 2024
The Federation Of Gay Games Inc plays a significant role in promoting equality and inclusivity within the LGBTQ+ community and beyond. By organizing the Gay Games, which is the premier international LGBTQ+ and gay-friendly sport and cultural event, it fosters a welcoming environment for athletes and participants from diverse backgrounds.
The Games not only provide a platform for athletic competition but also celebrate culture and camaraderie among participants, encouraging community engagement and participation. With events held in cities like Hong Kong and Guadalajara in 2023, the Federation facilitates global exchange and understanding, empowering individuals to express their identity openly.
Through the selection of host cities and the meticulous organization of the Games, the Federation underscores the importance of representation and visibility for LGBTQ+ athletes. This impact stretches beyond the events themselves, inspiring local communities to embrace diversity, challenge discrimination, and advocate for fairness in sports and society at large.
This information is meant to be a general summary of Federation Of Gay Games 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 2023.
- Investment Income: $4,484
- Program Service Revenue: $132,144
- Gross Receipts: $149,007
Assets and Liabilities:
- Total Assets: $543,759
- Total Liabilities: $139,270
- Net Assets: $404,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gay Games 11
Revenue
$129,166
FGG Scholarship
Revenue
$438
FGG 40th Anniversary
Revenue
$2,540
Organization Details
Founding Year
1983
Phone
(810) 599-8231Principal Officer
Michael S Myers
Main Address
584 Castro St Suite 343, San Francisco, CA, 94114
Website
www.gaygames.orgNTEE Category
Code: N70 - Recreation
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