Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 13.8% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$26,333
No earlier filing loaded for comparison.
Net Assets
$22,375
No earlier filing loaded for comparison.
Liabilities
$3,958
No earlier filing loaded for comparison.
Revenue
$169,075
No earlier filing loaded for comparison.
Expenses
$146,700
No earlier filing loaded for comparison.
Net Income
$22,375
No earlier filing loaded for comparison.
To advance economic opportunity and prosperity for LGBTQ and ally communities through educational programs, supporting the innovation economy.
| Description | Grants | Expenses |
|---|---|---|
| Regional Development & Chapter Leadership Programs: The establishment and growth of regional chapters have been pivotal in increasing community engagement and local support for LGBTQ+ and allied innovators. To date, four chapters have been launched, driving 17 community activities and building a network supporting over 100 nonprofit community partners, 35 corporate partners, and hundreds of businesses across America. These chapters serve as localized hubs that empower members, strengthen community ties, and create opportunities for economic collaboration, amplifying workforce development, educational opportunities, and economic growth for the American public. Programs have included talks, fireside chats, panel discussions in New York, Los Angeles, San Francisco, Boston, Atlanta, Washington DC, and Chicago. | $0 | $51,765 |
| The Annual Summit: LGBT+ VC Summit is a flagship event designed to advance the organization's mission of supporting LGBTQ+ representation and inclusion within the innovation and entrepreneurship ecosystem. This program has reached 500 beneficiaries, providing educational workshops, keynote speeches, and networking sessions aimed at fostering growth and building community-driven relationships. The event's high participant satisfaction is evidenced by its consistent 5-star rating. | $0 | $13,727 |
| LGBT+ VC's Youth Educational Programs are dedicated to nurturing future leaders from underrepresented backgrounds. The program highlights include serving a diverse group of youth innovators and fellows--88% identifying as queer, trans, Black, Indigenous, and People of Color, and 71% as first-generation student fellows. We offered three cohorts of the program in the inaugural year. These programs have effectively mobilized support, drawing 79% of individual donors who are first-time contributors to an LGBTQ nonprofit including orus. The educational programs help develop essential skills and foster resilience among young leaders, ensuring continued progress toward a more inclusive financial literacy and education. | $0 | $3,565 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tiana Tukes | Founder, And Co-Chief Executive Officer | FT | $22,161 | $1,129 | $23,290 |
| Jason Block | Founder, And Co-Chief Executive Officer | FT | $22,007 | $1,144 | $23,151 |
| Evelysse Vargas | Board Director | PT | $0 | - | - |
“Other Revenue Explained (Page 1, Line 8): LGBT VC received supplementary funds and payroll credits allocated to our programs through our strategic partnerships. These contributions came in the form of credits to our accounts, enhancing our financial flexibility and enabling us to further support our initiatives.”
“Expenses were classified amongst the following areas for program and fundraising expenses: Admin & Business Operations: $7,235, Conferences Expenses: $343, Program & Chapter Launch Event-Related fees including catering and venue-related expenses: $25,726, Marketing expenses: $1,282, Business meals & entertainment: $3,643, Office expenses and supplies: $987, Software as a Service / technology expenses: $3,388, Professional services: $426, Business travel and accommodations: $34,123, Miscellaneous: $1,277, Bank fees & refunds: $828 Insurance: $1,936, Program management and staff development expenses: $3,958”
“Expenses on the credit card”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Jason Block |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9174096957 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 12-32 31st Drive Apt 3A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Astoria |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11106 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 26333 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 138949 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 22375 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 10838 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26333 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 2842 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 169115 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
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| IRS990EZ/InvestmentIncomeAmt | 0 | 111 |
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| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 22375 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 22375 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 60 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 60 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 22007 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 22161 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 1144 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 1129 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jason Block |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Tiana Tukes |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Evelysse Vargas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Founder, and Co-Chief Executive Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Founder, and Co-Chief Executive Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85152 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2213 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To advance economic opportunity and prosperity for LGBTQ and ally communities through educational programs, supporting the innovation economy. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 48 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 25000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Regional Development & Chapter Leadership Programs: The establishment and growth of regional chapters have been pivotal in increasing community engagement and local support for LGBTQ+ and allied innovators. To date, four chapters have been launched, driving 17 community activities and building a network supporting over 100 nonprofit community partners, 35 corporate partners, and hundreds of businesses across America. These chapters serve as localized hubs that empower members, strengthen community ties, and create opportunities for economic collaboration, amplifying workforce development, educational opportunities, and economic growth for the American public. Programs have included talks, fireside chats, panel discussions in New York, Los Angeles, San Francisco, Boston, Atlanta, Washington DC, and Chicago. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | The Annual Summit: LGBT+ VC Summit is a flagship event designed to advance the organization's mission of supporting LGBTQ+ representation and inclusion within the innovation and entrepreneurship ecosystem. This program has reached 500 beneficiaries, providing educational workshops, keynote speeches, and networking sessions aimed at fostering growth and building community-driven relationships. The event's high participant satisfaction is evidenced by its consistent 5-star rating. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | LGBT+ VC's Youth Educational Programs are dedicated to nurturing future leaders from underrepresented backgrounds. The program highlights include serving a diverse group of youth innovators and fellows--88% identifying as queer, trans, Black, Indigenous, and People of Color, and 71% as first-generation student fellows. We offered three cohorts of the program in the inaugural year. These programs have effectively mobilized support, drawing 79% of individual donors who are first-time contributors to an LGBTQ nonprofit including orus. The educational programs help develop essential skills and foster resilience among young leaders, ensuring continued progress toward a more inclusive financial literacy and education. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 51765 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 13727 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 3565 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 50662 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 40 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 2802 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3958 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 146700 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 69057 |
| IRS990EZ/TotalRevenueAmt | 0 | 169075 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.lgbtvc.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Other Revenue Explained (Page 1, Line 8): LGBT VC received supplementary funds and payroll credits allocated to our programs through our strategic partnerships. These contributions came in the form of credits to our accounts, enhancing our financial flexibility and enabling us to further support our initiatives. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 138949 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 138949 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt | 0 | 5400 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 5400 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 111 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 111 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 2213 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 2213 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 144349 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 144349 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 144349 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 146673 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Other Revenue Explained (Page 1, Line 8): LGBT VC received supplementary funds and payroll credits allocated to our programs through our strategic partnerships. These contributions came in the form of credits to our accounts, enhancing our financial flexibility and enabling us to further support our initiatives. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Expenses were classified amongst the following areas for program and fundraising expenses: Admin & Business Operations: $7,235, Conferences Expenses: $343, Program & Chapter Launch Event-Related fees including catering and venue-related expenses: $25,726, Marketing expenses: $1,282, Business meals & entertainment: $3,643, Office expenses and supplies: $987, Software as a Service / technology expenses: $3,388, Professional services: $426, Business travel and accommodations: $34,123, Miscellaneous: $1,277, Bank fees & refunds: $828 Insurance: $1,936, Program management and staff development expenses: $3,958 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Expenses on the credit card |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | The nonprofit LGBT VC was granted an approved six-month extension by the IRS, on 4/30/2024. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jason Block |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9174096957 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LGBT VC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LGBT |
| ReturnHeader/Filer/EIN | 0 | 922046269 |
| ReturnHeader/Filer/PhoneNum | 0 | 9174096957 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 12-32 31st Drive Apt 3A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Astoria |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11106 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T22:27:38-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.