Flag Works Inc
- Assets
- $135.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 20-3881141
Organization Overview
Flag Works Inc is located in Tallahassee, FL. The organization was established in 2007. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flag Works Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Flag Works Inc generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
EACH YEAR THERE IS AN ANNUAL CONFERENCE WITH NUMEROUS ATTENDEES AND EXHIBITIONS FROM VENDORS. EDUCATIONAL SEMINARS ARE ALSO PRESENTED. HOWEVER, DUE TO COVID, THE CONFERENCE FOR 2021 WAS PROVIDED ON A LIMITED BASIS AS IT WAS VIRTUAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Besse Executive Di | 1 | $0 | |
Sherry Garris Chairman | 2 | $0 | |
Susan Eigen Director | 1 | $0 | |
Jack Cochran Director | 1 | $0 | |
Gail Parker Director | 1 | $0 | |
Sherri Turnipseed Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,024 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,062 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,237 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,650 |
| Total expenses | $46,887 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,907 |
| Other assets | $0 |
| Total assets | $135,549 |
| Total liabilities | $12,800 |
| Net assets or fund balances | $122,749 |
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