Oakland LGBTQ Community Center Inc

EIN: 822258008 501(c)(3) Community Improvement

Oakland, CA

Total Revenue
$4,325,439
Total Expenses
$4,957,230
Total Assets
$4,583,613
Net Assets
$411,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
Joe Hawkins
Phone
5108822286
Tax Period
2024-01-01 to 2024-12-31

Oakland LGBTQ Community Center Inc, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $5.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

The Oakland LGBTQ Community Center is dedicated to enhancing and sustaining the well-being of lesbian, gay, bisexual, transgender, and queer (LGBTQ) individuals, our families and allies, by providing educational, social, and health related activities, programs and services.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,003,954
Program Service Revenue $1,321,469
Investment Income $16
Other Revenue $0
TOTAL REVENUE $4,325,439

Expense Breakdown

Grants Paid $16,265
Salaries & Benefits $2,510,318
Fundraising Expenses $266,818
Program Expenses $3,646,600
Other Expenses $2,430,647
TOTAL EXPENSES $4,957,230

Year-over-Year Comparison

2024 2023 Change
Revenue $4,325,439 $3,304,402 +0.3%
Expenses $4,957,230 $3,726,403 +0.3%
Net Income $-631,791 $-422,001 +0.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
30
Volunteers
11

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
6
$240,643
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joe Hawkins CEO 40.00
Officer
$145,029 $15,402 $160,431
Dawn Edwards COO 40.00
Officer
$78,361 $1,851 $80,212
Jeffrey Myers President 2.00
Officer Director
$0 $0 $0
Sergio Ardila Assist. Secr. 2.00
Officer Director
$0 $0 $0
Kunal Basu-Dutta Secretary 2.00
Officer Director
$0 $0 $0
Tim Nugent Treasurer 2.00
Officer Director
$0 $0 $0
George Jeffrey Smith III Political Chair 2.00
Director
$0 $0 $0
Roy Tongilav Govern. Chair 2.00
Director
$0 $0 $0
Catherean Mitchell Fundrais. Chair 2.00
Director
$0 $0 $0
Shemicka Johnson Board Member 2.00
Director
$0 $0 $0
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 $4,325,439 $4,957,230 $4,583,613 $-631,791
2023 $3,304,402 $3,726,403 $4,467,603 $-422,001
2022 $3,953,549 $3,615,409 $5,037,621 $338,140
2021 $2,894,481 $2,893,721 $1,829,096 $760
2020 $1,974,393 $1,194,972 $1,356,071 $779,421
2019 $574,784 $352,681 $371,716 $222,103
2018 $313,970 $207,796 $131,357 $106,174
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