FUNDERS FOR LESBIAN AND GAY ISSUES INC DBA FUNDERS FOR LGBTQ ISSUES

EIN: 134144494 501(c)(3) Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$3,067,132
Total Expenses
$4,653,261
Total Assets
$4,754,327
Net Assets
$4,308,790
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
SAIDA AGOSTINI-BOSTIC
Phone
2124752930
Tax Period
2023-01-01 to 2023-12-31

FUNDERS FOR LESBIAN AND GAY ISSUES INC DBA FUNDERS FOR LGBTQ ISSUES, founded in 2000, is a community nonprofit in the Civil Rights & Advocacy sector that reported $3.1M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $4.7M exceeded revenue, resulting in a 52% operating deficit.

Mission

FUNDERS FOR LGBTQ ISSUES EDUCATES AND ORGANIZES FUNDERS AND SUPPORTS POWER-BUILDING TO CREATE AN ABUNDANCE OF RESOURCES FOR THE JUSTICE AND LIBERATION OF ALL QUEER COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,907,342
Program Service Revenue $191,500
Investment Income $-31,710
Other Revenue $0
TOTAL REVENUE $3,067,132

Expense Breakdown

Grants Paid $882,500
Salaries & Benefits $1,891,927
Fundraising Expenses $247,311
Program Expenses $3,948,697
Other Expenses $1,878,834
TOTAL EXPENSES $4,653,261

Year-over-Year Comparison

2023 2022 Change
Revenue $3,067,132 $3,750,254 -0.2%
Expenses $4,653,261 $3,267,967 +0.4%
Net Income $-1,586,129 $482,287 -4.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
13
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$255,838
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALDITO GALLARDO BOARD MEMBER 1.00
Director
$0 $0 $0
ANA CONNER BOARD MEMBER 1.00
Director
$0 $0 $0
BRE RIVERA BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY KAPUA BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA RENFRO VICE CHAIR 1.00
Officer Director
$0 $0 $0
DESIREE FLORES BOARD MEMBER 1.00
Director
$0 $0 $0
GLO ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
JASON MCGILL OUTGOING TREASURER 1.00
Officer Director
$0 $0 $0
JONATHAN JAYES-GREEN SECRETARY/BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JUDY YU BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN APPELBAUM TREASURER/BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KELLI KING-JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
LANE HARWELL BOARD MEMBER 1.00
Director
$0 $0 $0
NAMITA CHAD BOARD MEMBER 1.00
Director
$0 $0 $0
PAULINA HELM-HERNNDEZ VICE CHAIR/BOARD MEMBER 1.00
Officer Director
$0 $0 $0
RICKKE MANANZALA OUTGOING BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RYE YOUNG OUTGOING SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM BILL SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
SAIDA AGOSTINI-BOSTIC PRESIDENT 40.00
Officer
$235,000 $20,838 $255,838
ALEX LEE DEPUTY DIRECTOR 40.00
Highest
$159,500 $20,839 $180,339
APRIL BETHEA DIRECTOR 40.00
Highest
$130,321 $20,049 $150,370
CLEOPATRA ACQUAYE-REYNOLDS DIRECTOR 40.00
Highest
$135,000 $17,109 $152,109
MARVIN WEBB CHIEF FINANCIAL OFFICER 40.00
Highest
$170,804 $10,025 $180,829
STEPHEN SWITZER DIRECTOR 1.00
Highest
$102,028 $3,337 $105,365
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,067,132 $4,653,261 $4,754,327 $-1,586,129
2022 $3,750,254 $3,267,967 $5,691,497 $482,287
2021 $6,714,724 $3,102,150 $6,232,846 $3,612,574
2021 $7,118,377 $2,905,720 $6,715,243 $4,212,657
2020 $2,944,546 $2,796,646 $2,300,382 $147,900
2019 $2,020,378 $2,598,803 $1,828,763 $-578,425
2018 $2,990,747 $2,336,432 $2,346,615 $654,315
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