Flagstaff Forty
- Assets
- $17.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flagstaff, AZ
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 20-2351920
Organization Overview
Flagstaff Forty is located in Flagstaff, AZ. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flagstaff Forty is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Flagstaff Forty generated $78.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $84.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EACH YEAR, THE MEMBERS OF NORTHERN ARIZONA LEADERSHIP ALLIANCE IDENTIFY A LIST OF CRITICAL ISSUES AND WORK WITH OTHER ORGANIZATIONS TO ACHIEVE THOSE GOALS. THE AREAS OF EFFORT INCLUDE EDUCATIONAL EXCELLENCE, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL STEWARDSHIP. THE ORGANIZATION HOSTS PRESENTATIONS AND SIGNIFICANT DISCUSSIONS CONCERNING EDUCATION AND ECONOMIC DEVELOPMENT PRIMARILY IN THE FLAGSTAFF AREA INCLUDING PRESENTATIONS FROM ELECTED LOCAL OFFICIALS AND STATE OFFICIALS. THE ORGANIZATION CONTINUES ITS SIGNIFICANT SUPPORT OF THE LOCAL STEM INITIATIVE AND IS A SIGNIFICANT PARTICIPANT IN FLAGSTAFF BEING DESIGNATED THE VERY FIRST STEM CITY IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Engelthaler Director | 1 | $0 | |
T Paul Thomas CEO | 20 | $66,000 | |
Tim Kinney Board Chair | 5 | $0 | |
Theresa Mcmullan Secretary/treas | 1 | $0 | |
Anne Newland Vice Chair | 1 | $0 | |
Mary Kershaw Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $78,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,000 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,955 |
| Total expenses | $83,955 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,911 |
| Other assets | $0 |
| Total assets | $17,911 |
| Total liabilities | $180 |
| Net assets or fund balances | $17,731 |