THE OUT FOUNDATION

EIN: 822606139 501(c)(3) Public & Societal Benefit

NEW YORK, NY

Total Revenue
$459,094
Total Expenses
$592,985
Total Assets
$438,373
Net Assets
$366,912
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OR
Principal Officer
PAUL LOTIERZO
Phone
6315591856
Tax Period
2024-01-01 to 2024-12-31

THE OUT FOUNDATION, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $459K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $593K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO REMOVE BARRIERS THAT BLOCK LGBTQ+ INDIVIDUALS' FROM ACCESS AND PARTICIPATION IN FITNESS, HEALTH, AND WELLNESS, ENSURING THEIR SUCCESS. WE ARE DEDICATED TO NURTURING, EMPOWERING, AND CELEBRATING LGBTQ+ BODIES AND MINDS, GUARANTEEING OUR COMMUNITY THRIVES.

Program Service Accomplishments

Program 1
Expenses: $135,377

OUTATHLETICS: THIS IS OUR LARGEST PROGRAM WHICH BRINGS TOGETHER LGBTQ+ ATHLETES AND ALLIES TO SWEAT FOR A CAUSE IN A SAFE, INCLUSIVE FUNCTIONAL FITNESS TRAINING ENVIRONMENT. OUR PRIDE IS IN THE...

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OUTATHLETICS: THIS IS OUR LARGEST PROGRAM WHICH BRINGS TOGETHER LGBTQ+ ATHLETES AND ALLIES TO SWEAT FOR A CAUSE IN A SAFE, INCLUSIVE FUNCTIONAL FITNESS TRAINING ENVIRONMENT. OUR PRIDE IS IN THE DIVERSITY WE REPRESENT WITHIN THE SPORT OF FITNESS AND OPENLY INVITE ANYONE TO JOIN OUR WELCOMING COMMUNITY. WE STRIVE TO CREATE AN INCLUSIVE COMMUNITY OF ALL WALKS OF LIFE AND INSPIRE YOU TO FEEL GOOD ABOUT YOURSELF, YOUR WORKOUTS, AND YOUR LIFE. THROUGH OUT ATHLETICS WE PARTNER WITH LOCAL GYMS TO HOST A VARIETY OF EXERCISES THAT ENGAGE THE LOCAL COMMUNITY, SPECIFICALLY LGBTQ+ INDIVIDUALS AND ALLIES TO WORK OUT TOGETHER IN A SAFE AND WELCOMING ENVIRONMENT.

Program 2
Expenses: $46,541

OUTATHLETE: IT CAN BE HARD FOR MANY LGBTQ+ YOUNG ADULTS TO FIND A PLACE WHERE THEY FEEL COMFORTABLE PARTICIPATING IN FITNESS, SO WE ARE PARTNERING WITH LOCAL FUNCTIONAL FITNESS GYMS ACROSS THE...

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OUTATHLETE: IT CAN BE HARD FOR MANY LGBTQ+ YOUNG ADULTS TO FIND A PLACE WHERE THEY FEEL COMFORTABLE PARTICIPATING IN FITNESS, SO WE ARE PARTNERING WITH LOCAL FUNCTIONAL FITNESS GYMS ACROSS THE COUNTRY TO CHANGE THAT. AS PART OF THE OUTATHLETE PROGRAM, WE COVER ALL COSTS FOR YEAR-LONG GYM MEMBERSHIPS AND MENTAL HEALTH SERVICES FOR LGBTQ+ YOUNG ADULTS THROUGH SCHOLARSHIPS. WE WORK CLOSELY WITH OUR RECIPIENTS, PROVIDING GOAL COACHING, NUTRITION COUNSELING, APPAREL, GIFTS FROM OUR SPONSORS, AND MORE TO SET THE ATHLETES UP FOR SUCCESS. IN OUR 5 YEARS AS A 501(C)(3) ORGANIZATION, WE HAVE SERVED 87 YOUNG LGBTQ+ ATHLETES AND HAVE AWARDED 435,000 IN SUPPORT OF OUT ATHLETES.

Program 3
Expenses: $8,304

OUTHEALTH: THIS PROGRAM SUPPORTS OUR MISSION BY REMOVING THE BARRIERS THAT BLOCK THE TRANSGENDER POPULATION FROM LIVING AS THEIR TRUE, AUTHENTIC SELVES. WE PROVIDE HEALTH SERVICES THROUGH INITIATIVES...

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OUTHEALTH: THIS PROGRAM SUPPORTS OUR MISSION BY REMOVING THE BARRIERS THAT BLOCK THE TRANSGENDER POPULATION FROM LIVING AS THEIR TRUE, AUTHENTIC SELVES. WE PROVIDE HEALTH SERVICES THROUGH INITIATIVES LIKE MEDICAL PROFESSION EDUCATION, SURGERY EDUCATION, SEXUAL HEALTH NAVIGATION, SELF- CARE WORKSHOPS,AND MORE. THE PROGRAM IS INCLUSIVE FOR ALL MEMBERS OF THE LGBTQ+ COMMUNITY. THE TRANSGENDER POPULATION IS A CURRENT FOCUS FOR THIS PROGRAM. WE PROVIDE THE ABILITY TO THOSE MARGINALIZED IN OUR COMMUNITY TO BE COMFORTABLE IN AND CELEBRATE THEIR BODIES. FUNDS WERE USED TO REACH OUT LGBTQ+ AND BIPOC HEALTH SEEKERS AND ENTHUSIASTS COMMUNITY. THE OUT FOUNDATION SERVES THE LGBTQ+ COMMUNITY AS IT IS DISPROPORTIONATELY AFFECTED BY BARRIERS IN ACCESSING FITNESS, HEALTH, AND WELLNESS. WHEN COMPARED TO THE EPIDEMIOLOGY OF THE HETEROSEXUAL POPULATION, LGBTQ+ PEOPLE ARE AT HIGHER RISK OF SUBSTANCE USE DISORDERS, STDS, MENTAL HEALTH DISORDERS, SUICIDE, AND CANCER. THE LACK OF EMPATHY AND SOCIETAL REJECTION EXPERIENCED BY OUR COMMUNITY IS OFTEN SOURCED AS THE ROOT OF SEVERAL OF THESE ISSUES. THEREFORE, THE OUT FOUNDATION IS POSITIONED AS A RESOURCE FOR THE COMMUNITY TO DECREASE THESE NUMBERS THROUGH ADVOCACY, EDUCATION, AND THE IMPLEMENTATION OF OUR PROGRAMS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $451,736
Program Service Revenue $1,970
Investment Income $850
Other Revenue $4,538
TOTAL REVENUE $459,094

Expense Breakdown

Grants Paid $154,605
Salaries & Benefits $368,577
Fundraising Expenses $174,808
Program Expenses $257,618
Other Expenses $68,903
TOTAL EXPENSES $592,985

Year-over-Year Comparison

2024 2023 Change
Revenue $459,094 $695,977 -0.3%
Expenses $592,985 $702,252 -0.2%
Net Income $-133,891 $-6,275 +20.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
9
Volunteers
250

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TINA WEAVER EXECUTIVE DI N/A
$101,390 $13,907 $115,297
ROBERT BUCK DIRECTOR N/A
Director
$0 $0 $0
JESSICA FISHER DIRECTOR N/A
Director
$0 $0 $0
ALEX GRAY BOARD VICE P N/A
Officer Director
$0 $0 $0
CORRINE HILL DIRECTOR N/A
Director
$0 $0 $0
ROB KEARNEY DIRECTOR N/A
Director
$0 $0 $0
PAUL LOTIERZO EXECUTIVE DI N/A
Officer Director
$0 $0 $0
JANINE NICOLE BOARD PRESID N/A
Officer Director
$0 $0 $0
EDDIE PLATA BOARD SECRET N/A
Officer Director
$0 $0 $0
TAYLAR STALLINGS DIRECTOR N/A
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 $459,094 $592,985 $438,373 $-133,891
2023 $695,977 $702,252 $520,276 $-6,275
2022 $1,023,438 $1,022,047 $462,547 $1,391
2021 $770,300 $428,165 $465,988 $342,135
2020 $299,576 $284,157 $133,764 $15,419
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