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Nonprofiteer
← PHOENIX PRIDE INCORPORATED

Form 990 for tax year 2024

Filed by PHOENIX PRIDE INCORPORATED.

Totals

Total revenue
$1,984,434
Total expenses
$2,460,644
Contributions and grants received
$275,770
Grants paid
$76,670
Program service revenue
$1,416,118
Investment income
$15,653
Other revenue
$276,893
Total assets, end of year
$717,788
Total liabilities, end of year
$184,368
Net assets or fund balances, end of year
$533,420
Program services expenses (Part IX)
$2,261,419
Management and general expenses
$73,007
Fundraising expenses
$126,218
Program service expenses (Part III)
$2,261,419

Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $665

  • 1f · All other contributions, gifts and grants

    $275,105

  • 1g · Noncash contributions included above

    $64,147

  • 2a · Program service revenue: EVENT REVENUE

    total $1,416,118 · related or exempt $1,416,118

  • 3 · Investment income

    total $15,653 · excluded $15,653

  • 8a · Fundraising events: gross income

    $395

  • 8a · Fundraising events: contributions included on line 1c

    $665

  • 8b · Fundraising events: direct expenses

    $665

  • 8c · Net income from fundraising events

    total -$270 · excluded -$270

  • 10a · Gross sales of inventory

    $301,830

  • 10b · Cost of goods sold

    $62,892

  • 10c · Net income from sales of inventory

    total $238,938 · related or exempt $238,938

  • 11a · Other revenue: ADVERTISING

    total $38,225 · unrelated business $38,225

  • 11e · Other revenue, total

    $38,225

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $76,670 · program services $76,670

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $139,198 · program services $98,831 · management and general $12,528 · fundraising $27,839

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $193,913 · program services $137,678 · management and general $17,452 · fundraising $38,783

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $13,672 · program services $9,707 · management and general $1,231 · fundraising $2,734

  • 10 · Payroll taxes

    total $24,024 · program services $17,057 · management and general $2,162 · fundraising $4,805

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $4,590 · management and general $4,590

  • 11c · Fees: accounting

    total $34,723 · program services $17,679 · management and general $12,064 · fundraising $4,980

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $82,689 · program services $78,212 · management and general $1,562 · fundraising $2,915

  • 12 · Advertising and promotion

    total $75,422 · program services $58,923 · fundraising $16,499

  • 13 · Office expenses

    total $58,486 · program services $46,196 · management and general $3,698 · fundraising $8,592

  • 14 · Information technology

    total $26,114 · program services $18,541 · management and general $2,350 · fundraising $5,223

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $63,467 · program services $45,062 · management and general $5,712 · fundraising $12,693

  • 17 · Travel

    total $50,649 · program services $50,563 · management and general $86

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,583,686 · program services $1,583,686

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $4,861 · program services $3,451 · management and general $438 · fundraising $972

  • 23 · Insurance

    total $28,430 · program services $19,163 · management and general $9,084 · fundraising $183

  • 24a · Other expenses: STATE TAXES

    total $50 · management and general $50

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $489,876 · end of year $124,330

  • 2 · Savings and temporary cash investments

    beginning of year $216,269 · end of year $59,388

  • 3 · Pledges and grants receivable

    beginning of year $19,629 · end of year $270

  • 4 · Accounts receivable

    beginning of year $18,795 · end of year $35,648

  • 9 · Prepaid expenses and deferred charges

    beginning of year $38,527 · end of year $11,723

  • 10a · Land, buildings and equipment: cost or other basis

    $31,200

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,756

  • 10c · Land, buildings and equipment, net

    beginning of year $20,305 · end of year $15,444

  • 11 · Investments: publicly traded securities

    beginning of year $254,959 · end of year $267,493

  • 14 · Intangible assets

    beginning of year $100,000 · end of year $100,000

  • 15 · Other assets

    beginning of year $51,377 · end of year $103,492

  • 17 · Accounts payable and accrued expenses

    beginning of year $86,012 · end of year $37,646

  • 19 · Deferred revenue

    beginning of year $53,095 · end of year $23,630

  • 25 · Other liabilities

    beginning of year $61,000 · end of year $123,092

  • 27 · Net assets without donor restrictions

    beginning of year $975,235 · end of year $380,557

  • 28 · Net assets with donor restrictions

    beginning of year $34,395 · end of year $152,863

Mission and programs · 2024

Mission

PHOENIX PRIDE UNITES, EDUCATES, AND ENGAGES PEOPLE TO SUPPORT AND EMPOWER THE LGBTQ COMMUNITY AND OUR ALLIES.

  • THIS YEARS 27TH ANNUAL PHOENIX PRIDE PARADE BROUGHT TOGETHER OVER 210 DIVERSE PARADE ENTRIES 4,500 INDIVIDUAL PARTICIPANTS FROM THE METROPOLITAN PHOENIX AREA AND BEYOND, WITH APPROXIMATELY 14,000 GENERAL PUBLIC SPECTATORS. PARTICIPANTS INCLUDED LOCAL, REGIONAL, AND NATIONAL LGBTQ AND LGBTQ-FRIENDLY INDIVIDUALS AND ORGANIZATIONS FROM THE NON-PROFIT, PRIVATE, AND PUBLIC SECTORS. PARTICIPATION BY GOVERNMENT OFFICIALS, GOVERNMENT SERVICES, PRIVATE CORPORATIONS, AND CELEBRITIES CONTINUED TO RAISE AWARENESS AMONG SPECTATORS AND THE GENERAL PUBLIC OF THEIR SUPPORT FOR A PROSPEROUS LGBTQ COMMUNITY.

    Expenses $2,261,419 · Grants $76,670 · Revenue $1,655,056

As filed on the 2024 return.

Listed in Part VII

  • Michael Fornelli

    EXECUTIVE DIRECTOR

    Total calculated
    $139,198
    From this org
    $125,519
    From related orgs
    $0
    Other
    $13,679
    Hours/week
    40

  • Daniel Eckstrom

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Philip Sirois

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Josh Kuhn-McRoberts

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Michael Bedrick

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Jonathan Hensley

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • Aimee Meredith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jade Rice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Isaiah Hernandez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tait Moline

    DIRECTOR UNTIL 05/08/24

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Others under 5K

    $64,088

  • City of Phoenix

    $7,148

    Refurbish roads

  • RipplePHX Inc

    $5,434

    Provide free HIV home tests

Provenance

Return type
form_990
Tax year
2024
Filed
6 January 2026
IRS schema version
2024v5.2
Source object
202630219349301183

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