Civic Intelligence

The Wayout Lgbtq Foundation

EIN 82-3204059 • 501(c)3 • San Francisco, CA

Profile

wayOUT is a 501(c)(3) non-profit organization seeking to empower LGBTQ+ youth to feel safe being who they really are. With 5 local chapters and an aggressive growth plan, wayOUT will invest in over 19 at-need LGBTQ+ youth centers by 2023.

PO Box 14363San Francisco, CA 94114

www.wayout.lgbt

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-14%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$523,034

Up $56,195 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$523,034

Up $56,195 (+12%) from 2023

Revenue

Down

$458,314

Down $72,161 (-14%) from 2023

Expenses

Down

$435,396

Down $30,499 (-6.5%) from 2023

Net Income

Down

$22,918

Down $41,662 (-65%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2018: $42,787Liabilities 2018: $02018Assets 2019: $34,692Liabilities 2019: $0Net Assets 2019: $34,6922019Assets 2020: $109,350Net Assets 2020: $109,3502020Assets 2021: $169,530Liabilities 2021: $0Net Assets 2021: $169,5302021Assets 2022: $402,259Liabilities 2022: $0Net Assets 2022: $402,2592022Assets 2023: $466,839Liabilities 2023: $0Net Assets 2023: $466,8392023Assets 2024: $523,034Liabilities 2024: $0Net Assets 2024: $523,0342024

Highlighted filing

2024

Assets$523,034
Liabilities$0
Net Assets$523,034

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $179,244Expenses 2018: $136,457Net Income 2018: $42,7872018Revenue 2019: $330,350Expenses 2019: $338,445Net Income 2019: -$8,0952019Revenue 2020: $152,076Expenses 2020: $77,418Net Income 2020: $74,6582020Revenue 2021: $231,590Expenses 2021: $171,410Net Income 2021: $60,1802021Revenue 2022: $403,483Expenses 2022: $170,754Net Income 2022: $232,7292022Revenue 2023: $530,475Expenses 2023: $465,895Net Income 2023: $64,5802023Revenue 2024: $458,314Expenses 2024: $435,396Net Income 2024: $22,9182024

Highlighted filing

2024

Revenue$458,314
Expenses$435,396
Net Income$22,918

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 13, 2025
Return Version
2024v5.2
Gross Receipts
$564,387
Mission and Program Overview

Mission

wayOUT is a 501(c)(3) non-profit organization seeking to empower LGBTQ+ youth to feel safe being who they really are. With 5 local chapters and an aggressive growth plan, wayOUT will invest in over 19 at-need LGBTQ+ youth centers by 2023.

The wayOut LGBTQ Foundation empowers LGBTQ+ youth to feel safe being who they really are by investing in organizations that provide life-saving services to this community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$466,839$523,034▲ $56,195
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$466,839$523,034▲ $56,195
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$466,839$523,034▲ $56,195
Total Net Assets Fund Balance$466,839$523,034▲ $56,195
Total Liabilities and Net Assets / Fund Balance$466,839$523,034▲ $56,195
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cameron HoodImpact Chair
Alexander MooreMarketing Chair
Brenden KennedyPresident
Bonnie TemplinOperations
Rebecca HellerPartnerships
Tiffany BarillasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$465,306
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-6,992
All Other Contributions
$207,313
Change in Net Assets
$22,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$425,054
Other Expenses$10,342
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$425,054--$425,054
Fees for Services Accounting-$3,345-$3,345
Other Expenses-$2,268-$2,268
Fees for Services Legal-$399-$399
Total Functional Expenses$425,054$10,342$0$435,396
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Capital Tea IncTallahassee, FL501(c)(3)Program Support$145,000
Rainbow Book BusSanta Monica, CA501(c)(3)Program Support$109,952
PriSm UnitedMobile, AL501(c)(3)Program Support$90,000
The Queer Trans ProjectJacksonville, FL-Program Support$80,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$106,073
Fundraising Gross Income$99,081
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
NYC Gayla$90,282$52,588$10,690$41,898
LA Gayla$233,642$33,622$10,903$22,719
Total Events$357,074$99,081$106,073$-6,992
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15A

The organization has no employees.

Form 990, Part VI, Section B, Line 15B

The organization has no employees.

Form 990, Part VI, Section C, Line 18

Tax returns are available for download from several websites and by request from the organization's office in San Francisco, California.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.

Filing and Contact Details

Filer

Filer Name
The wayOut LGBTQ Foundation
EIN
82-3204059
Phone
8479025311
Address
PO Box 14363, San Francisco, CA 94114

Signing Officer

Name
Brenden Kennedy
Title
President
Phone
8479025311
Signed
2025-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenden Kennedy
Formed
2017
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
50

Preparer

Firm
Regalia Berger & Berger Cpas
Address
103 TOWN COUNTRY DR STE K, DANVILLE, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LA Gayla
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NYC Gayla
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08150
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt090282
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt033150
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033622
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Program Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Capital Tea Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PriSm United
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Rainbow Book Bus
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3The Queer Trans Project
IRS990ScheduleI/RecipientTable/RecipientEIN0843936551
IRS990ScheduleI/RecipientTable/RecipientEIN1832612275
IRS990ScheduleI/RecipientTable/RecipientEIN2932233380
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01111 E Tennessee St 204
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1151 S Ann St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22456 Beverly Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt33733 University Blvd W 216
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Tallahassee
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Mobile
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Santa Monica
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Jacksonville
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cost Basis
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1Cost Basis
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2Cost Basis
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has no employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization has no employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Tax returns are available for download from several websites and by request from the organization's office in San Francisco, California.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
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IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/StatesWhereCopyOfReturnIsFldCd2WA
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