PLATINUM2024

The OUT Foundation

WE ARE OUT

aka OUTWOD   |   New York, NY   |  www.theoutfoundation.org
GuideStar Charity Check

The OUT Foundation

EIN: 82-2606139


Mission

We are here to remove the barriers that block LGBTQIA2+ Individuals’ from access and participation in fitness, health, and wellness to ensure their success.

Ruling year info

2017

Board President

Janine Hunter

Main address

477 Madison Ave 6th Floor

New York, NY 10022 USA

Show more contact info

EIN

82-2606139

Subject area info

Patient social services

Sports and recreation

Public health

Population served info

LGBTQ people

Children and youth

Young adults

Caregivers

NTEE code info

Public Health Program (E70)

Patient Services - Entertainment, Recreation (E86)

Other Recreation, Sports, or Leisure Activities N.E.C. (N99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

What we aim to solve

SOURCE: Self-reported by organization

The OUT Foundation is committed to a simple truth: We are dedicated to providing the LGBTQ+ community with the tools to thrive thru health and wellness.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

OUTAthletics

OUTAthletics is the world’s largest initiative for bringing together LGBTQIA2+ athletes and allies to sweat for a cause in a safe, inclusive fitness environment. We strive to create an inclusive community of all walks of life and inspire you to feel good about yourself, your workouts and your life.

Our pride is in the diversity we represent within the sport of fitness and openly invite anyone to join our welcoming community. We strive to create an inclusive community of all walks of life and inspire you to feel good about yourself, your workouts and your life.

Population(s) Served
LGBTQ people
Children and youth

It can be hard for many LGBTQIA2+ young adults to find the spaces where they feel comfortable participating in fitness. The OUT Foundation is empowering queer young adults by providing access to inclusive fitness spaces, wellness resources, and more.

We work closely with our recipients, providing weekly goal coaching and nutrition counseling, apparel discounts, gifts from our sponsors, and more to set the athletes up for success.

Population(s) Served
LGBTQ people
Young adults

The OUTHealth program supports our mission by removing the barriers that block the LGBTQIA2+ community from living as their true, authentic selves. We provide health services through various initiatives. OUTHealth is designed for all members of the LGBTQIA2+ community.

Population(s) Served
LGBTQ people
Caregivers

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of participants attending course/session/workshop

This metric is no longer tracked.
Totals By Year
Population(s) Served

LGBTQ people

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of organizational partners

This metric is no longer tracked.
Totals By Year
Population(s) Served

LGBTQ people

Related Program

OUTHealth

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Healthcare Systems/Organizations

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We are dedicated to providing the LGBTQ+ community with the tools to thrive thru health and wellness.

Facilitates gym memberships, nutritional counseling, and mental health services for underserved LGBTQ+ youth.\nCreates a supportive space for gender identity and expression in the fitness community.\nFosters a philanthropic community of LGBTQ+ fitness enthusiasts.\nSupports LGBTQ+ entrepreneurs in the health and wellness space to help ensure their success.

How will we raise funds?:\nOUTWOD events as they're currently run\nShowdown Competitions (4 annual CrossFit competitions hosted nationwide)\nAdd'l campaigns including 5k/10k races, etc.

5,500\nPEOPLE IMPACTED THROUGH OUR PROGRAMS\n\n80-150\nVOLUNTEERS AT EVENTS, VIRTUAL AND PROJECT-BASED\n\n102\nGYM PARTNERS FROM EVENTS TO HOSTING OUR OUTATHLETES\n\n47\nSTATES AND 20 COUNTRIES SERVED

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

The OUT Foundation
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

6.44

Average of 4.46 over 6 years

Months of cash in 2023 info

SOURCE: IRS Form 990

7.7

Average of 5.1 over 6 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

25%

Average of 20% over 6 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The OUT Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The OUT Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

The OUT Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The OUT Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$6,072 $18,587 $342,135 $1,391 $64,218
As % of expenses 0.0% 6.5% 79.9% 0.1% 9.1%
Unrestricted surplus (deficit) after depreciation -$6,072 $18,587 $342,135 $1,391 $64,218
As % of expenses 0.0% 6.5% 79.9% 0.1% 9.1%
Revenue composition info
Total revenue (unrestricted & restricted) $326,210 $299,576 $770,300 $1,023,438 $695,977
Total revenue, % change over prior year -12.3% -8.2% 157.1% 32.9% -32.0%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.1% 0.1% 0.1%
Government grants 0.0% 9.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 90.9% 99.9% 99.9% 98.7%
Other revenue 0.0% 0.0% 0.0% 0.0% 1.2%
Expense composition info
Total expenses before depreciation $0 $284,157 $428,165 $1,022,047 $702,252
Total expenses, % change over prior year -100.0% 0.0% 50.7% 138.7% -31.3%
Personnel 0.0% 58.9% 67.4% 56.0% 53.3%
Professional fees 0.0% 11.9% 4.4% 7.7% 4.6%
Occupancy 0.0% 0.8% 0.7% 0.5% 0.4%
Interest 0.0% 0.0% 0.0% 0.2% 0.3%
Pass-through 0.0% 0.0% 0.0% 25.0% 30.0%
All other expenses 0.0% 28.4% 27.5% 10.7% 11.3%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $0 $284,157 $428,165 $1,022,047 $702,252
One month of savings $0 $23,680 $35,680 $85,171 $58,521
Debt principal payment $0 $0 $0 $1,596 $1,596
Fixed asset additions $0 $0 $37,500 $0 $0
Total full costs (estimated) $0 $307,837 $501,345 $1,108,814 $762,369

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 0.0 5.6 11.0 4.6 7.7
Months of cash and investments 0.0 5.6 11.0 4.6 7.7
Months of estimated liquid unrestricted net assets 0.0 1.6 9.6 4.0 7.0
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $17,883 $133,764 $394,155 $396,017 $453,207
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $34,333 $29,030 $29,569
Gross land, buildings, equipment (LBE) $0 $0 $37,500 $37,500 $37,500
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 9.7% 71.9% 18.5% 17.6% 14.4%
Unrestricted net assets $18,945 $37,532 $379,667 $381,058 $445,276
Temporarily restricted net assets N/A N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $18,945 $37,532 $0 $381,058 $445,276

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No Yes No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Board President

Janine Hunter

Number of employees

Source: IRS Form 990

The OUT Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The OUT Foundation

Board of directors
as of 04/28/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Janine Hunter

The OUT Foundation

Term: 2021 - 2024

Eduardo Placer

James Vergara

Taylar Stallings

Alex Gray

Eddie Plata

Corrinne Hill

Rogelio Capote

Rob Kearney

Bob Buck

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 2/26/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female, Not transgender
Sexual orientation
Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 05/13/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.