Phoenix Pride Incorporated
Unites, educates, and engages people to support and empower the LGBTQ community and allies. For fiscal year 2024 it reported $2.0M in revenue, $2.5M in expenses, and $533K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Civil Rights & Advocacy
- Location
- Phoenix, AZ
- Website
- www.phoenixpride.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
This years 27TH annual phoenix pride parade brought together over 210 diverse parade entries 4,500 individual participants from the metropolitan phoenix area and beyond, with approximately 14,000 general public spectators.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Michael Fornelli’s $126K as Executive Director is at the 41st percentile of top reported officer pay among 796 $1–10M civil rights & advocacy 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Michael Fornelli | $125,519 | $107,000 | $118,285 | $99,161 | $100,923 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 92% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 46% | — | — |
| Revenue growth | -4% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 1% | — | — |
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
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Filings & Schedule Manifest
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Sources
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