Newport Pride INC

Tax-deductible

Newport, RI501(c)(3)Human ServicesEIN 88-0645245Revenue $308K in FY2024

On file with the IRSnewportprideri.orgPo Box 3443, 02840-0991 · Newport, RITax-exempt since Apr 2022Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of Newport Pride is to build a more welcoming and inclusive lgbtq+ community in Newport county, rhode island

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 50 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $23K a year · 11% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 24% of spending
Top officer’s pay lower than 65% of similar orgs
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $111K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$308K
+215% vs prior year
Spent
$270K
To programs
85%
Net assets
$63K
By yearFY2023–FY2024
Revenue
$308K
FY2024▲ +215%
Tap a bar for its year
Revenue by fiscal year
FY2023$98K
FY2024$308K
Expenses
$270K
FY2024▲ +200%
Tap a bar for its year
Expenses by fiscal year
FY2023$90K
FY2024$270K
Net assets
$63K
FY2024▲ +151%
Tap a bar for its year
Net assets by fiscal year
FY2023$25K
FY2024$63K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $229K Management & general 10% · $27K Fundraising 5% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
$47,844Pt VII · Sec A
$17,700Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary Tr
$0Pt VII · Sec A

Daniel Cano Restrepo’s $48K as Executive Di is at the 35th percentile of top reported officer pay among 2168 $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
Daniel Cano Restrepo$47,844$32,125
Julia Londergan$17,700—

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.

See Newport Pride INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds a welcoming and inclusive LGBTQ+ community in Newport County.

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Provided by the organization

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3 programs · $229K · in their own filed words · FY2024
01

Newport pride hosts events such as newport's annual pride festival, which is a celebration of the diversity and intersectionality of the LGBTQ community in rhode island. These events provide locals with an opportunity to engage with community-based groups.

$162Kprogram expense
02

The pride center acts as a physical safe space in which locals are provided with resource pamphlets regarding advice for coming out at any stage of life. Visitors are able to engage in the rich history of the LGBTQ community in america through the photographs and books available to the public.

$66Kprogram expense
03

Newport pride offers educational programs for the LGBTQ+ community as well as straight allies. Furthermore, we engage with other nonprofits such as connexion latina to further spread our network and determine how we can better impact the community. We have also joined with organizations such as hope recovery center and the DR.

$142program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$308K
Ln 12
Gifts and grantsLn 1h$257K
Fees for servicesLn 2g$51K
Investment incomeLn 3$6
Money outPt IX
$270K
Ln 25
Programscol B$229K
Managementcol C$27K
Fundraisingcol D$14K
Owns and owesPt X
$63K
net assets · Ln 32
Cash and savingsLn 1–2$73K
Total assetsLn 16$73K
LiabilitiesLn 26$10K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$257K
Government grantsLn 1e$138K
Fees for servicesLn 2g$51K
Investment incomeLn 3$6
Total revenueLn 12$308K
Assets in detailPt X, end of year
CashLn 1$56K
SavingsLn 2$17K
Cash and savings togetherLn 1–2$73K
Total assetsLn 16$73K
LiabilitiesLn 26$10K
Net assetsLn 32$63K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$18K$73K
Total assetsLn 16$26K$73K
LiabilitiesLn 26$824$10K
Net assetsLn 32$25K$63K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$57K$33K$12K$12K
Payroll taxesLn 10$5K$3K$1K$1K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$64K$62K$2K$225
Advertising and promotionLn 12$7K$4K$3K$35
Office expensesLn 13$13K$7K$5K$766
OccupancyLn 16$30K$30K
Conferences, conventions and meetingsLn 19$652$652
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$89K$89K$330$77
Total functional expensesLn 25$270K$229K$27K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $308K$270K$38K$63K 990 PDF
FY2023 $98K$90K$8K$25K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $308,115 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,730$256,910
I-9 Program service revenuePrior year $32,549$51,199
I-10 Investment income$6
I-11 Other revenuePrior year −$2,596$0
I-12 Total revenuePrior year $97,683$308,115
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $24,547$61,746
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $65,541$208,194
I-18 Total expensesPrior year $90,088$269,940
I-19 Revenue less expensesPrior year $7,595$38,175
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $308,115 across 6 lines filed
VIII-1e Government grants$137,566
VIII-1f All other contributions, gifts and grants$119,344
VIII-1h Total contributions, gifts and grants$256,910
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $51,199$51,199
VIII-3 Investment incomeRelated to mission $6$6
VIII-12 Total revenueRelated to mission $6 · Excluded from tax $51,199$308,115
Part IX · Statement of functional expenses $269,940 across 10 lines filed
IX-7 Other salaries and wagesPrograms $33,062 · Management $11,961 · Fundraising $11,961$56,984
IX-10 Payroll taxesPrograms $2,762 · Management $1,000 · Fundraising $1,000$4,762
IX-11c Accounting feesManagement $3,547$3,547
IX-11g Other fees for servicesPrograms $62,058 · Management $1,600 · Fundraising $225$63,883
IX-12 Advertising and promotionPrograms $4,053 · Management $3,383 · Fundraising $35$7,471
IX-13 Office expensesPrograms $6,671 · Management $5,351 · Fundraising $766$12,788
IX-16 OccupancyPrograms $29,675$29,675
IX-19 Conferences, conventions and meetingsPrograms $652$652
IX-23 InsurancePrograms $1,261$1,261
IX-24 Other expenses (24a–d)Programs $88,510 · Management $330 · Fundraising $77$88,917
IX-25 Total functional expensesPrograms $228,704 · Management $27,172 · Fundraising $14,064$269,940
Part X · Balance sheet $73,318 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $18,003$56,312
X-2 Savings and temporary cash investments$17,006
X-16 Total assetsStart of year $26,042$73,318
X-17 Accounts payable and accrued expensesStart of year $824$9,925
X-26 Total liabilitiesStart of year $824$9,925
X-27 Net assets without donor restrictionsStart of year $25,218$13,906
X-28 Net assets with donor restrictions$49,487
X-32 Total net assets or fund balancesStart of year $25,218$63,393
X-33 Total liabilities and net assetsStart of year $26,042$73,318
Part XI · Reconciliation of net assets $63,393 net assets at year end
XI-1 Total revenue$308,115
XI-2 Total expenses$269,940
XI-3 Revenue less expenses$38,175
XI-4 Net assets at start of year$25,218
XI-10 Net assets at end of year$63,393

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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