Aileen Flanary Educational Fund
- Assets
- $89.4k
- Revenue
- $14.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ardmore, OK
- Founding
- 10/2009
- Data as of
- 06/2024
- EIN
- 26-4799010
Organization Overview
Aileen Flanary Educational Fund is located in Ardmore, OK. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aileen Flanary Educational Fund 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 06/2024, Aileen Flanary Educational Fund generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $38.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Aileen Flanary Educational Fund has awarded 82 individual grants totaling $203,500. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED SCHOLARSHIPS TO 5 QUALIFYING RECIPIENTS FOR HIGHER EDUCATION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,287 |
| Capital Gain Net Income | $6,287 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,653 |
| Total Revenue | $14,778 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $799 |
| Total operating and administrative expenses | $13,179 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $38,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,452 |
| Savings and temporary cash investments | $83,963 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,000 |
| Total assets | $89,415 |
| 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, Aileen Flanary Educational Fund has awarded $25,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
IAN BELL PURPOSE: FALL 2023 SCHOLARSHIP | $2,500 |
IAN BELL PURPOSE: SPRING 2024 SCHOLARSHIP | $2,500 |
JACK MCADAMS PURPOSE: FALL 2023 SCHOLARSHIP | $2,500 |
JACK MCADAMS PURPOSE: SPRING 2024 SCHOLARSHIP | $2,500 |
JENTRI RAYBURN PURPOSE: FALL 2023 SCHOLARSHIP | $2,500 |
JENTRI RAYBURN PURPOSE: SPRING 2024 SCHOLARSHIP | $2,500 |