LGBT YOUTH OUT LOUD INCORPORATED DBA LIVE OUT LOUD

EIN: 841628418 501(c)(3) Education

NEW YORK, NY

Total Revenue
$457,162
Total Expenses
$430,597
Total Assets
$360,289
Net Assets
$235,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Phone
2123784095
Tax Period
2023-01-01 to 2023-12-31

LGBT YOUTH OUT LOUD INCORPORATED DBA LIVE OUT LOUD, founded in 2003, is a small nonprofit in the Education sector that reported $457K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $431K left a modest 6% surplus.

Mission

LIVE OUT LOUD, IN PARTNERSHIP WITH FAMILIES, SCHOOLS AND COMMUNITIES, PROVIDES LGBTQ+ YOUTH WITH RESOURCES, ROLE MODELS AND OPORTUNITIES TO HELP THEM DISCOVER THEIR OWN VOICE AND BECOME LEADERS OF CHANGE.

Program Service Accomplishments

Program 1
Expenses: $277,806

SCHOOL PROGRAM: THROUGH OUR EDUCATIONAL CURRICULUM AND ROLE MODEL GUEST SPEAKERS WE SHAPE THE CONVERSATION AND ENCOURAGE LGBTQ+ YOUTH TO OPEN THEIR MINDS TO NEW POSIBILITIES. THROUGH OUR PROGRAMS WE...

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SCHOOL PROGRAM: THROUGH OUR EDUCATIONAL CURRICULUM AND ROLE MODEL GUEST SPEAKERS WE SHAPE THE CONVERSATION AND ENCOURAGE LGBTQ+ YOUTH TO OPEN THEIR MINDS TO NEW POSIBILITIES. THROUGH OUR PROGRAMS WE HAVE INSPIRED YOUNG LIVES ALL OVER THE COUNTRY. DURING 2020 THE ORGANIZATION WORKED WITH 29 HIGH SCHOOLS ON A MONTHLY BASIS, DELIVERING 291 PROGRAM SESSIONS TO OVER 500 STUDENTS ON A MONTHLY BASIS.

Program 2

YOUTH PROGRAMS: FINDING OUR "VIRTUAL LEGS, AND THUS KEEPING THIS PROGRAM OPERATIONAL DESPITE THE CHALLENGES OF THE PANDEMIC. BRANCHING OUTSIDE OF CORPORATE PARTNERS AND TRYING SOMETHING NEW WITH...

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YOUTH PROGRAMS: FINDING OUR "VIRTUAL LEGS, AND THUS KEEPING THIS PROGRAM OPERATIONAL DESPITE THE CHALLENGES OF THE PANDEMIC. BRANCHING OUTSIDE OF CORPORATE PARTNERS AND TRYING SOMETHING NEW WITH PLAYWRIGHTS HORIZONS. BECAUSE OF VIRTUAL, REACHING AUDIENCE MEMBERS BEYOND THE NEW YORK CITY AREA.

Program 3

DEVELOPED A STABLE OF WORKSHOPS THAT CAN BE USED FOR THE FUTURE. OVERWHELMING POSITIVE FEEDBACK FROM CLIENTS, MANY EXPRESSED INTEREST IN PARTNERING AGAIN IN 2021-22. GREAT "PEOPLE SERVED" STATISTICS...

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DEVELOPED A STABLE OF WORKSHOPS THAT CAN BE USED FOR THE FUTURE. OVERWHELMING POSITIVE FEEDBACK FROM CLIENTS, MANY EXPRESSED INTEREST IN PARTNERING AGAIN IN 2021-22. GREAT "PEOPLE SERVED" STATISTICS, WITH THE HIGHLIGHT OF OVER 1,000 EDUCATORS SERVED.

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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 $132,969
Program Service Revenue $247,033
Investment Income $26
Other Revenue $77,134
TOTAL REVENUE $457,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $345,801
Fundraising Expenses $45,635
Program Expenses $277,806
Other Expenses $84,796
TOTAL EXPENSES $430,597

Year-over-Year Comparison

2023 2022 Change
Revenue $457,162 $489,574 -0.1%
Expenses $430,597 $430,475 +0.0%
Net Income $26,565 $59,099 -0.6%
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
6
Independent Members
10
Employees
4
Volunteers
25

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
1
$83,904
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEO PREZIOSI JR Executive Dir. 40.00
Officer
$83,904 $0 $83,904
BETH BRINKMAN Chairman 2.00
Director
$0 $0 $0
JAMES McDONALD JR Vice Chairman 2.00
Director
$0 $0 $0
GRANT RICHARDS Director 2.00
Director
$0 $0 $0
GREG PAPA Treasurer 2.00
Director
$0 $0 $0
ANDRE MARTINS Director 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 No data No data No data No data
2023 $457,162 $430,597 $360,289 $26,565
2022 $469,574 $430,475 $379,717 $39,099
2021 $395,014 $368,538 $363,749 $26,476
2020 $398,654 $253,107 $323,029 $145,547
2019 $306,605 $319,546 $29,207 $-12,941
2018 $293,749 $311,618 $60,745 $-17,869
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