Moco Pride Center INC EIN 82-2826357 Form 990 (PDF) Claim this org

Moco Pride Center INC

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Empowers LGBTQIA+ individuals and families with resources, education, and community programs. For fiscal year 2024 it reported $298K in revenue, $253K in expenses, and $48K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Bethesda, MD
Filings
2 on file (2023–2024)
Revenue
$298KFY2024
Expenses
$253K
Net assets
$48K
People
8
Filings
2
Updates
0
More identity details & actions ⌄
EIN  82-2826357 Public charity (501(c)(3)) Bethesda, MD
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers LGBTQIA+ individuals and families with resources, education, and community programs.
Leadership
Phillip Alexander Downie · CEO · $80K
Money in and out
$298K revenue, $253K expenses
Bottom line
52% program efficiency
Where the money goes · FY2024
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.48
Program efficiency
52%
of spending reaches programs
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▲ +475% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▲ +279% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$298K
FY2024▲ +234%
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$48K
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $132K of program spending, described in the organization's own filed words · FY2024.
01

Our LIYT programs blended arts advocacy and education to reach over 15,000 community members through multimedia storytelling social media campaigns and in-person events. Flagship programs included Drag Duels a queer competition series that centers creative resistance monthly LIYT Nights social wellness events for LGBTQIA+ youth and young…

$78Kprogram expense
02

This county-wide annual Pride festival drew over 6,000 attendees in 2023 and served as the largest LGBTQIA+ event in Montgomery County history. The event provided free access to over 120 affirming vendors local LGBTQIA+ businesses government agencies and community service providers.

$38Kprogram expense
03

MoCo Pride Prom creates safe affirming community spaces for LGBTQIA+ youth. The program has grown from about 20 students to over 300 individuals. Pride Prom creates a safe atmosphere where you can be yourself and connect with others.

$16Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMoco Pride Center INC
EINHdr · item D82-2826357
Principal addressHdr · item CBethesda, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFOct 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$80,000Pt VII · Sec A
Director of Operations
$14,722Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Phillip Alexander Downie’s $80K as CEO is at the 71st percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023
Phillip Alexander Downie$80,000$25,776
Jasmine Young$14,722

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$298K
— government grantsLn 1e$230K
Total revenueLn 12$298K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.48
Program services52%$132K
Management & general48%$121K
Total functional expensesLn 25$253K

Balance Sheet

Part X · end of year
CashLn 1$48K
Total assetsLn 16$48K
Total liabilitiesLn 26$0
Total net assetsLn 32$48K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $48K · Operating expenses/yr $253K
2.3 months
Where the money goes
Program services
Program services $132K · Total expenses $253K
52%
Management & General
Management & general $121K · Total expenses $253K
48%
Fundraising
Fundraising $0 · Total expenses $253K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $68K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $298K · Total revenue $298K
100%
Government reliance
Government grants $230K · Total revenue $298K
77%
Earned-income share
Program service revenue $0 · Total revenue $298K
0%
Investment reliance
Investment income $0 · Total revenue $298K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $253K
0%
Growth & trend
Revenue growth (YoY)
This year $298K · Prior year $89K
+234%
Net-asset trend (YoY)
End of year $48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $298K · Expenses $253K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $48K
Net-asset ratio
Net assets $48K · Total assets $48K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $48K
0%
People & payroll
Highest Reported Total Compensation
Individual Phillip Alexander Downie · Reported title CEO · Highest reported compensation $80K · Total expenses $253K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $111K · Total expenses $253K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 48%
Fundraising cost ratio 0%
Revenue growth 234%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$298K revenue · viewing · ⤓ 990 PDF
FY2023$89K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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