Promo
- Assets
- $51.5k
- Revenue
- $128.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Saint Louis, MO
- Founding
- 02/1991
- Data as of
- 12/2022
- EIN
- 43-1555164
Organization Overview
Promo is located in Saint Louis, MO. The organization was established in 1991. According to its NTEE Classification (R60) the organization is classified as: Civil Liberties, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Promo employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promo is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Promo generated $128.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $139.0k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOBBYING LOCAL AND STATE ELECTED OFFICIALS FOR EQUAL PROTECTION UNDER THE LAW FOR LGBTQ PEOPLE, INCLUDING EXTENSION OF NONDISCRIMINATION ORDINANCES/LAWS TO INCLUDE SEXUAL ORIENTATION AND GENDER IDENTITY AND DEFEATING ANTI-LGBTQ ORDINANCES/LAWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY- LOBBYING STATE LEGISLATORS, TESTIFYING IN COMMITTEE HEARINGS, AND WORKING WITH THE LEGISLATIVE BRANCH TO ACHIEVE EQUALITY FOR LESBIAN/GAY/BISEXUAL/TRANSGENDER PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Gee Vice Chair | OfficerTrustee | 2 | $0 |
Michael Cole President/ch | OfficerTrustee | 2 | $0 |
Steve Goldberg Treasurer | OfficerTrustee | 2 | $0 |
Gilberto Pinela Board Member | Trustee | 1 | $0 |
Hemia Singaravelu Board Member | Trustee | 1 | $0 |
Aro Royston Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,242 |
| Fundraising events | $1,885 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,264 |
| Total Program Service Revenue | $0 |
| Investment income | $4,299 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,412 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,269 |
| Payroll taxes | $1,912 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,389 |
| Fees for services: Lobbying | $58,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $550 |
| Advertising and promotion | $0 |
| Office expenses | $1,503 |
| Information technology | $8,706 |
| Royalties | $0 |
| Occupancy | $11,100 |
| Travel | $8,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,972 |
| All other expenses | $1 |
| Total functional expenses | $139,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,183 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,050 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,522 |
| Accounts payable and accrued expenses | $86 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,278 |
| Total liabilities | $3,364 |
| Net assets without donor restrictions | $48,158 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $51,522 |