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Pride in Saginaw Inc

EIN 51-0135720 · Saginaw, MI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood72 out of 100GovernanceWeak47 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROMOTE DOWNTOWN SAGINAW

Income
$174,966
Spending
$172,660
Spent on programs
80%
Reserves
2.8 months of spending
Largest source of income
fees for its services, 69%
Employees
1
Volunteers
120
Highest pay
$44,511, director

Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 72 out of 100. Higher than 48% of charities in its peer group (community improvement, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.8 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 13% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 47 out of 100. Higher than 17% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    29 of 29 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. ANNUAL MEETING - ALLOWS PRIDE SUPPORTERS TO MEET AND HEAR OF DOWNTOWN REVITALIZATION PROGRESS; RECOGNIZE BUSINESSES AND INDIVIDUALS FOR CONTRIBUTIONS TO THE PROCESS
  2. $62,776 spent. FRIDAY NIGHT LIVE - PROVIDES LIVE BANDS AND OTHER OUTDOOR ENTERTAINMENT IN DOWNTOWN SAGINAW FOR 6 CONSECUTIVE FRIDAY NIGHTS IN JULY AND AUGUST.
  3. $5,527 spent. CHRISTMAS PARADE - THE MAJOR PARADE IN SAGINAW COUNTY, LOOKED UPON AS A RECURRING INAUGURATION OF THE HOLIDAY SEASON. ALLOWS COMMERICAL, ENTERTAINMENT, AND CIVIC PARTICIPATION.
  4. $69,782 spent. FARMERS MARKET - SPONSORED IN CONJUCTION WITH THE CITY OF SAGINAW AND HELD TWICE A WEEK IN THE SUMMER. HOLIDAYS IN THE HEART OF THE CITY - EVENT HELD IN CONJUNCTION WITH VARIOUS DOWNTOWN MERCHANTS THE WEEKEND OF THE CHRISTMAS PARADE TO HELP PROMOTE THE DOWNTOWN. MORLEY PLAZA - DOWNTOWN CHRISTMAS LIGHTS. OUTHOUSE RACE - PROMOTE ACTIVITY AT CITY PARKS IN FEBRUARY. BRINGING BACK THE ICE - ORGANIZE AND PROMOTE ICE SKATING AT CITY PARKS. MEMORIAL DAY PARADE - ORGANIZE AND PROMOTE THE PARADE.
  5. FARMERS MARKET - SPONSORED IN CONJUCTION WITH THE CITY OF SAGINAW AND HELD TWICE A WEEK IN THE SUMMER. HOLIDAYS IN THE HEART OF THE CITY - EVENT HELD IN CONJUNCTION WITH VARIOUS DOWNTOWN MERCHANTS THE WEEKEND OF THE CHRISTMAS PARADE TO HELP PROMOTE THE DOWNTOWN. MORLEY PLAZA - DOWNTOWN CHRISTMAS LIGHTS. OUTHOUSE RACE - PROMOTE ACTIVITY AT CITY PARKS IN FEBRUARY. BRINGING BACK THE ICE - ORGANIZE AND PROMOTE ICE SKATING AT CITY PARKS. MEMORIAL DAY PARADE - ORGANIZE AND PROMOTE THE PARADE.

Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending January 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1981.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.