Flag Heritage Foundation
- Assets
- $194.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danvers, MA
- Founding
- 10/1971
- Data as of
- 12/2021
- EIN
- 23-7135200
Organization Overview
Flag Heritage Foundation is located in Danvers, MA. The organization was established in 1971. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flag Heritage Foundation 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 Heritage Foundation generated $203.0 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 (26.4%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.7%) 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 Mission:
Part 3 - Line 1
PROVIDE INFORMATION AND ADVICE ON FLAG ETIQUETTE AND AWARENESS; PRESERVE AND DISPLAY FLAGS; CONDUCT RESEARCH AND EDUCATION ON FLAGS; COOPERATE WITH OTHER INDIVIDUALS AND INSTITUTIONS WITH SIMILAR GOALS; MAKE GRANTS FOR THESE PURPOSES.
Describe the Organization's Program Activity:
Part 3
PUBLICATION EXPENSES.
CONSERVATION EXPENSES
MAINTAIN A WEB SITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirby Baker Chair Of Trustees | 10 | $0 | |
Scot Guenter Trustee | 5 | $0 | |
Anne Platoff Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $169 |
| Total Revenue | $203 |
| 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 | $1,195 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $497 |
| Total expenses | $1,787 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,077 |
| Other assets | $0 |
| Total assets | $194,694 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,694 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |