GLIDE FOUNDATION
Mission Statement
Our mission is to educate the world about social justice, unconditional love and acceptance of the LGBT community. The GLIDE Pride Team is a dynamic group of diverse, creative, highly energetic LGBTQ and Hetero-fabulously straight “cheerleaders” who take great pride in leading GLIDE’s efforts to promote equality for the LGBTQ community. Our mission is to educate the world on social justice, celebrate unconditional love and acceptance, have a bold presence, support GLIDE's mission and give back to marginalized communities in need. We host monthly meetings and a number of community events to raise awareness of our group’s mission, cause and purpose.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
67.3% | 86.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.2% | 8.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.5% | 2.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
289.2% | 525.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.2 mo | 11.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.0% | 13.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.7% | 91.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-55.1% | 5.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.6% | 12.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-63.6% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $18.8M | $30.7M | $51.7M | 67.3% | 271 |
| 2022 | $41.8M | $27.3M | N/A | — | 209 |
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