The Richard L And K Flerlage Fnd Inc
- Assets
- $1.7m
- Revenue
- $16.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Maple City, MI
- Founding
- 10/1984
- Data as of
- 12/2023
- EIN
- 31-1066269
Organization Overview
The Richard L And K Flerlage Fnd Inc is located in Maple City, MI. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Richard L And K Flerlage Fnd 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 12/2023, Richard L And K Flerlage Fnd Inc generated $16.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $121.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Richard L And K Flerlage Fnd Inc has awarded 131 individual grants totaling $451,800. 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 |
|---|---|---|---|
Sue Flerlage President | 1 | $900 | |
Daniel B Flerlage Trustee | 0 | $0 | |
S Thomas Flerlage Trustee | 0 | $0 | |
John N Seaman Jr Trustee | 0 | $0 | |
Maureen Doran Trustee | 0 | $0 | |
Shawn Young Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $29,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,405 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $94 |
| Total Revenue | $16,036 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,608 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,410 |
| Total operating and administrative expenses | $29,318 |
| Contributions, gifts, grants paid | $92,000 |
| Total expenses and disbursements | $121,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,764 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $1,676,342 |
| 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, The Richard L And K Flerlage Fnd Inc has awarded $92,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
100 FRIENDS PURPOSE: TO HELP INDIVIDUALS AND FAMILIES IN ASIA STRUGGLING TO SURVIVE IN REFUGEE CAMPS WITH BASIC NECESSITIES. | $8,000 |
1N5 PURPOSE: 1N5 WORKS WITH SCHOOL ADMINISTRATORS, COUNSELORS, AND TEACHERS TO CREATE A CUSTOMIZED SOLUTION FOR EACH SCHOOL'S MENTAL HEALTH NEEDS. TRAINING ON HOW TO RECOGNIZE THE SIGNS AND SYMPTOMS OF MENTAL ILLNESS AND HOW TO RESPONSE SAFELY AND APPROPRIATELY CAN SAVE LIVES. | $8,000 |
COMMUNITY MATTERS (OPPORTUNITY MATTERS INC) PURPOSE: TO ASSIST IN ADDRESSING FOOD INSECURITY BY PURCHASING FRESH FOOD SUPPLIES TO DISTRIBUTE AT THE COMMUNITY MARKET FOOD PANTRY IN LOWER PRICE HILL. | $2,000 |
CORNERSTONE RENTER EQUITY PURPOSE: TO ASSIST IN THEIR PROGRAMS WHICH PROVIDE INNOVATIVE OPPORTUNITIES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE FINANCIAL STABILITY AND ECONOMIC SELF-SUFFICIENCY. | $3,000 |
DOULA ACCESS INITIATIVE PURPOSE: TO OFFER FREE BIRTH AND POSTPARTUM DOULA SERVICES TO WOMEN WHO HAVE BEEN EXCLUDED DUE TO RACIAL AND ECONOMIC DISPARITIES. THE CONTINUOUS LABOR SUPPORT BY A DOULA IS ONE OF THE MOST EFFECTIVE TOOLS TO IMPROVE LABOR AND DELIVERY OUTCOMES AND TO EASE THE TRANSITIONS OF THE POSTPARTUM PERIOD. | $5,000 |
EAST END ADULT EDUCATION CENTER PURPOSE: TO PURCHASE GED TESTING COMPUTERS GED TEXTBOOKS, GFED FEES, & GED TESTING EQUIPMENT FOR STUDENTS, ALL OF WHOM ARE FROM LOW ECONOMIC FAMILIES. THESE ARE STUDENTS WHO HAVE PREVIOUSLY FAILED DUE TO HEALTH PROBLEMS, FAMILY PROBLEMS, POVERTY, LEARNING DISABILITIES, ETC. | $3,000 |