Flamboyan Foundation Inc
- Assets
- $17.1m
- Revenue
- $5.4m
- Investments
- $8.4m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 20-8924675
Organization Overview
Flamboyan Foundation Inc is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Flamboyan Foundation 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 06/2022, Flamboyan Foundation Inc generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Flamboyan Foundation Inc has awarded 391 individual grants totaling $11,419,125. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EFFECTIVE FAMILY ENGAGEMENT: BUILDING FAMILY ENGAGEMENT PRACTICES INTO EFFECTIVE TEACHING STRATEGIES CITY-WIDE IN DC. THE DC FAMILY ENGAGEMENT PARTNERSHIP (FEP) IS AN INTENSIVE, SCHOOL-WIDE INTERVENTION DESIGNED TO SUPPORT STUDENT SUCCESS BY TRANSFORMING THE WAYS EDUCATORS AND FAMILIES COLLABORATE WITH ONE ANOTHER. FEP USES AN INTENSIVE PRINCIPAL AND EDUCATOR CAPACITY-BUILDING MODEL, INCLUDING TEACHER TRAINING, SCHOOL LEADER COACHING, AND PROFESSIONAL DEVELOPMENT. BUILDING FLAMBOYAN FOUNDATION'S NATIONAL FAMILYENGAGEMENT STRATEGY, THE FOUNDATION SUPPORTS LOCAL ACTORS IN DIVERSE GEOGRAPHIC SITES ACROSS THE UNITED STATES WITH DEEPENING THEIR KNOWLEDGE ABOUT EFFECTIVE FAMILY ENGAGEMENT, SUPPORTING FELLOWS TO UNDERSTAND THEIR CONTEXT, FACILITATING A PROCESS FOR FELLOWS TO LAUNCH AND IMPLEMENT A FAMILY ENGAGEMENT FOCUSED STRATEGIC PLAN, AND BUILDING A NATIONAL COMMUNITY OF PRACTICE FOCUSED ON EFFECTIVE FAMILY ENGAGEMENT.
STRENGTHENING K-3 READING: READING PROFICIENCY BY THIRD GRADE IS A CORNERSTONE OF FUTURE ACADEMIC SUCCESS. BY PROMOTING K-3 READING COMPREHENSION IN PUERTO RICO, THIS PROGRAM HAS AN EXPLICIT GOAL OF MORE STUDENTS READING AT GRADE LEVEL BY 3RD GRADE. THE FOUNDATION WORKS HAND-IN-HAND WITH TEACHERS, SCHOOL DIRECTORS, ADMINISTRATORS, RESEARCHERS AND POLICYMAKERS TO IDENTIFY THE GREATEST CHALLENGES TO SUCCESSFULLY TEACH READING IN KINDERGARTEN THROUGH THIRD GRADE, AND THEN PARTNERS WITH THEM TO CREATE SOLUTIONS.
FLAMBOYAN ARTS FUND: PRESERVING, AMPLIFYING, AND SUSTAINING THE ARTS IN PUERTO RICO, THE FLAMBOYAN ARTS FUND SUPPORTS ALL FACETS OF THE ARTS COMMUNITY, INCLUDING MUSIC, THEATER, VISUAL ARTS, DANCE, LITERATURE, AND YOUTH ARTS EDUCATION, TO ENSURE THAT THE ARTS AND CULTURE CONTINUE TO FLOURISH DURING THE REBUILDING OF PUERTO RICO.
REVITALIZING PUERTO RICO: TO ENSURE PUERTO RICO CONTINUES TO THRIVE DESPITE NATURAL AND MAN-MADE DISASTERS, FLAMBOYAN INVESTS IN REBUILDING EFFORTS, AND BUILDING A STRONG PHILANTHROPIC SECTION ON THE ISLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vadim Nikitine Treasurer | 8 | $0 | |
Kristin Ehrgood CEO And Board Chair | 40 | $0 | |
Rea Carey Secretary | 2 | $0 | |
Marci Young President And COO | 40 | $355,594 | |
Carlos Rodriguez Executive Director - Pr | 40 | $184,159 | |
Patience B Peabody Executive Director | 40 | $183,860 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sf-cess | 6/29/22 | $101,780 |
Hamilton Place Strategies | 6/29/22 | $141,550 |
Social Driver | 6/29/22 | $86,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,685,443 |
| Interest on Savings | $0 |
| Dividends & Interest | $317,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $390,367 |
| Capital Gain Net Income | $390,367 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,393,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $539,753 |
| Other employee salaries and wages | $3,087,468 |
| Pension plans, employee benefits | $385,493 |
| Interest | $0 |
| Taxes | $288,483 |
| Depreciation | $21,477 |
| Occupancy | $23,490 |
| Travel, conferences, and meetings | $58,873 |
| Printing and publications | $8,776 |
| Other expenses | $508,084 |
| Total operating and administrative expenses | $5,822,366 |
| Contributions, gifts, grants paid | $2,219,072 |
| Total expenses and disbursements | $8,041,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,096,375 |
| Savings and temporary cash investments | $5,849,586 |
| Net Accounts receivable | $643 |
| Net Pledges Receivable | $0 |
| Grants receivable | $644,000 |
| 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 | $25,507 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $813,335 |
| Net Land, buildings, and equipment | $46,869 |
| Other assets | $59,876 |
| Total assets | $17,089,312 |
| Accounts payable and accrued expenses | $135,255 |
| Grants payable | $11,634 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $95,612 |
| Total liabilities | $242,501 |
Grants Awarded
Over the last fiscal year, Flamboyan Foundation Inc has awarded $2,383,938 in support to 126 organizations.
| Grant Recipient | Amount |
|---|---|
826DC PURPOSE: GENERAL SUPPORT | $2,500 |
ADY L ABREU SANCHEZ PURPOSE: GENERAL SUPPORT | $500 |
ACADEMY OF AMERICAN POETS PURPOSE: GENERAL SUPPORT | $515,000 |
ADYS M ORTIZ SANTA PURPOSE: GENERAL SUPPORT | $500 |
AGUA SOL Y SERENO PURPOSE: GENERAL SUPPORT | $50,000 |
AN OPEN BOOK FOUNDATION PURPOSE: GENERAL SUPPORT | $2,500 |