Flock Inc
- Assets
- $7.3m
- Revenue
- $10.0m
- Investments
- $1.0m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 11/2009
- Data as of
- 11/2023
- EIN
- 20-8087695
Organization Overview
Flock Inc is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flock 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 11/2023, Flock Inc generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $10.3m during the year ending 11/2023. While expenses have increased by 22.4% per year over the past 4 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.
Since 2020, Flock Inc has awarded 445 individual grants totaling $30,374,849. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farhad Ebrahimi President | 40 | $0 | |
Nina Ross Vp, Clerk, Director | 2 | $0 | |
Noeleen Little Treasurer | 2 | $0 | |
Farhad Ebrahimi President | 40 | $0 | |
Nina Ross Vice President, Clerk, Director | 2 | $0 | |
Noeleen Little Treasurer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mott Philanthropic Llc | 11/29/23 | $846,000 |
Allied Media Projects | 11/29/23 | $254,420 |
Aorta Inc | 11/29/23 | $200,000 |
Bernice Shaw | 11/29/23 | $158,916 |
Landry Communications | 11/29/23 | $109,375 |
Mott Philanthropic Llc | 11/29/23 | $846,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,500,000 |
| Interest on Savings | $969 |
| Dividends & Interest | $47,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,417,093 |
| Capital Gain Net Income | $1,003,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,965,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,024 |
| Depreciation | $0 |
| Occupancy | $319 |
| Travel, conferences, and meetings | $652,053 |
| Printing and publications | $0 |
| Other expenses | $170,955 |
| Total operating and administrative expenses | $2,832,721 |
| Contributions, gifts, grants paid | $7,461,616 |
| Total expenses and disbursements | $10,294,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,622 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $9,529 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $541,959 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,050,000 |
| Total assets | $7,277,232 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Flock Inc has awarded $14,923,232 in support to 214 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN HERITAGE ECONOMIC INITIATIVE PURPOSE: PROGRAM/PROJECT SUPPORT | $20,000 |
ACCE INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: PROGRAM/PROJECT SUPPORT | $53,000 |
ALASKA NATIVE WOMEN'S RESOURCE CENTER PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
APPALACHIAN CITIZENS' LAW CENTER PURPOSE: PROGRAM/PROJECT SUPPORT | $5,000 |