Seattle Out & Proud Foundation

EIN: 851407007 501(c)(3) Civil Rights & Advocacy

Seattle, WA

Total Revenue
$1,219,956
Total Expenses
$907,408
Total Assets
$428,646
Net Assets
$410,086
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
WA
Tax Period
2023-09-01 to 2024-08-31

Seattle Out & Proud Foundation, founded in 2020, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $313K, a strong 26% operating margin.

Mission

The mission of Seattle Pride is to produce and promote pride events to connect strengthen and advocate for Seattles LGBTQIA+ community.

Program Service Accomplishments

Program 1
Expenses: $637,381 Revenue: $447,078

SEATTLE OUT & PROUD SUPPORTS OUR LOCAL COMMUNITY BY AMPLIFYING THE CULTURE AND CONTRIBUTIONS OF THE LGBTQIA2S+ COMMUNITY. WE PROVIDE SPACE FOR VISIBILITY JOY AND CONNECTION WHILE COLLABORATING AND...

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SEATTLE OUT & PROUD SUPPORTS OUR LOCAL COMMUNITY BY AMPLIFYING THE CULTURE AND CONTRIBUTIONS OF THE LGBTQIA2S+ COMMUNITY. WE PROVIDE SPACE FOR VISIBILITY JOY AND CONNECTION WHILE COLLABORATING AND WORKING ALONGSIDE SMALLER NON-PROFIT ORGANIZATIONS IN THE SEATTLE AREA. OUR WORK STRENGTHENS COMMUNITIES BY BRINGING PEOPLE TOGETHER AT FREE COMMUNITY ARTS AND CULTURAL EVENTS; OFFERING YOUTH INTERNSHIPS; PROVIDING RESOURCES; AND CONNECTING PEOPLE AND ORGANIZATIONS. SEATTLE PRIDES YEAR-ROUND PROGRAMS ENCOMPASS A RANGE OF EVENTS TO EDUCATE SUPPORT AND CELEBRATE THE DIVERSE IDENTITIES WITHIN THE LGBTQIA2S+ COMMUNITY. IN ADDITION TO HOSTING ONE OF THE LARGEST PRIDE PARADES IN THE COUNTRY SEATTLE PRIDE ENGAGES IN YEAR-ROUND ARTS AND CULTURE PROGRAMMING AND PROVIDES DIRECT GRANT SUPPORT TO SEATTLE-AREA NONPROFITS. INTERNSHIPS AND EDUCATION: SEATTLE PRIDE RUNS YOUTH INTERNSHIPS TO CULTIVATE SUCCESS MODELS FOR QUEER YOUTH. GRANTS AND LEADERSHIP SUPPORT: WE PROVIDE GRANT SUPPORT AND VISIBILITY TO SMALL NONPROFITS HELPING THEM SUCCEED IN THEIR DIRECT SERVICE WORK. IN ADDITION WE RUN A COALITION OF LGBTQIA2S+ LEADERS WHO CONNECT REGULARLY TO DISCUSS ISSUES IMPORTANT TO THE LGBTQIA2S+ COMMUNITY.

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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 $769,892
Program Service Revenue $447,078
Investment Income $441
Other Revenue $2,545
TOTAL REVENUE $1,219,956

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $210,780
Fundraising Expenses $0
Program Expenses $637,381
Other Expenses $676,628
TOTAL EXPENSES $907,408

Year-over-Year Comparison

2023 2022 Change
Revenue $1,219,956 N/A N/A
Expenses $907,408 N/A N/A
Net Income $312,548 N/A N/A
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
12
Independent Members
11
Employees
N/A
Volunteers
490

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ramone Myers President 10.00
Officer Director
$0 $0 $0
Alex Morgan Vice President Treasurer 10.00
Officer Director
$0 $0 $0
Claudia De Hierro Treasurer 10.00
Officer Director
$0 $0 $0
Patricia Hearn Executive Director 40.00
Officer Director Highest
$0 $0 $0
Jack Anderson Director 10.00
Director
$0 $0 $0
Ashley Gibson Director 10.00
Director
$0 $0 $0
Velvine Jobiese Director 10.00
Director
$0 $0 $0
Adri Kozuch Director 10.00
Director
$0 $0 $0
Omar Rachid Director 10.00
Director
$0 $0 $0
Tiffany Nakamitsu Director 10.00
Director
$0 $0 $0
Gabriela Pennisi Secretary 10.00
Officer Director
$0 $0 $0
Johnny Le Secretary 10.00
Officer 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
2025 No data No data No data No data
2024 $1,219,956 $907,408 $428,646 $312,548
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