St Pete Pride Inc
St Pete Pride Inc. experiences revenue growth but operates with slight deficits in recent years, maintaining strong assets and no reported liabilities.
EIN: 141876777 · Saint Petersburg, FL · NTEE: R26 · Updated: 2026-03-28
Is St Pete Pride Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Pete Pride Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Pete Pride Inc
St Pete Pride Inc (EIN: 141876777) is a nonprofit organization based in Saint Petersburg, FL, classified under NTEE code R26. The organization reported total revenue of $981K and total assets of $275K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Pete Pride Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Pete Pride Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, St Pete Pride Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that either the organization is primarily volunteer-led at the executive level or compensation falls below IRS reporting thresholds, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Pete Pride Inc's IRS 990 filings:
- Expenses exceeded revenue in 2022 ($1,299,091 vs $1,056,983) and 2023 ($1,224,312 vs $1,207,249), indicating operational deficits in recent years.
Strengths
The following positive indicators were identified for St Pete Pride Inc:
- Significant revenue growth from $225,068 in 2020 to $1,207,249 in 2023, demonstrating increasing support.
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for mission.
- Maintains a healthy asset base ($241,729 in 2023) with no reported liabilities, showing strong financial health.
- Consistent filing of IRS 990 forms over 11 periods, indicating a commitment to transparency.
Frequently Asked Questions about St Pete Pride Inc
Is St Pete Pride Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Pete Pride Inc (EIN: 141876777) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does St Pete Pride Inc spend its money?
St Pete Pride Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Pete Pride Inc tax-deductible?
St Pete Pride Inc is registered as a tax-exempt nonprofit (EIN: 141876777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is St Pete Pride Inc. financially stable?
Yes, despite slight operational deficits in 2022 and 2023, St Pete Pride Inc. maintains a strong asset base ($241,729 in 2023) and reports no liabilities, indicating good financial stability.
How has St Pete Pride Inc.'s revenue changed over time?
St Pete Pride Inc. has seen significant revenue growth, increasing from $225,068 in 2020 to $1,207,249 in 2023, demonstrating strong community support and fundraising success.
Does St Pete Pride Inc. pay its officers?
Based on the available IRS 990 data, St Pete Pride Inc. consistently reports 0% officer compensation, suggesting a volunteer-driven leadership or compensation below reporting thresholds.
Filing History
IRS 990 filing history for St Pete Pride Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), St Pete Pride Inc's revenue has grown by 486.9%, moving from $206K to $1.2M. Total assets increased by 1383.7% over the same period, from $16K to $242K. Total functional expenses rose by 524.1%, from $196K to $1.2M. In its most recent filing year (2023), St Pete Pride Inc reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $242K | $0 | — | View 990 |
| 2022 | $1.1M | $1.3M | $256K | $0 | — | View 990 |
| 2021 | $750K | $378K | $508K | $2K | — | View 990 |
| 2020 | $225K | $269K | $131K | $0 | — | — |
| 2019 | $770K | $711K | $173K | $0 | — | View 990 |
| 2016 | $488K | $507K | $49K | $0 | — | View 990 |
| 2015 | $524K | $490K | $67K | $0 | — | View 990 |
| 2014 | $337K | $352K | $34K | $0 | — | View 990 |
| 2013 | $234K | $231K | $49K | $0 | — | View 990 |
| 2012 | $259K | $229K | $46K | $600 | — | View 990 |
| 2011 | $206K | $196K | $16K | $600 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $242K (revenue +14.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $256K (revenue +40.9% year-over-year).
- 2021: Revenue of $750K, expenses of $378K, and assets of $508K (revenue +233.4% year-over-year).
- 2020: Revenue of $225K, expenses of $269K, and assets of $131K (revenue -70.8% year-over-year).
- 2019: Revenue of $770K, expenses of $711K, and assets of $173K (revenue +57.8% year-over-year).
- 2016: Revenue of $488K, expenses of $507K, and assets of $49K (revenue -6.9% year-over-year).
- 2015: Revenue of $524K, expenses of $490K, and assets of $67K (revenue +55.3% year-over-year).
- 2014: Revenue of $337K, expenses of $352K, and assets of $34K (revenue +44.2% year-over-year).
- 2013: Revenue of $234K, expenses of $231K, and assets of $49K (revenue -9.6% year-over-year).
- 2012: Revenue of $259K, expenses of $229K, and assets of $46K (revenue +25.8% year-over-year).
- 2011: Revenue of $206K, expenses of $196K, and assets of $16K.
Data Sources and Methodology
This transparency report for St Pete Pride Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.