The Richard L And K Flerlage Fnd Inc
- Assets
- $1.9m
- Revenue
- $238.1k
- Investments
- $1.8m
- Employees
- 0
- Location
- Maple City, MI
- Founding
- 10/1984
- Data as of
- 12/2021
- 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 12/2021, Richard L And K Flerlage Fnd Inc generated $238.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $142.1k during the year ending 12/2021. While expenses have increased by 25.8% per year over the past 6 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 2016, Richard L And K Flerlage Fnd Inc has awarded 88 individual grants totaling $263,100. 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 Secretary | 1 | $900 | |
Molly Flerlage Trustee | 1 | $900 | |
J David Cummings President & Treasurer | 0.5 | $0 | |
Daniel B Flerlage Trustee | 0 | $0 | |
S Thomas Flerlage Trustee | 0 | $0 | |
John N Seaman Jr Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $95 |
| Dividends & Interest | $31,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $201,567 |
| Capital Gain Net Income | $201,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,244 |
| Total Revenue | $238,066 |
| 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 | $6,184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,910 |
| Total operating and administrative expenses | $35,609 |
| Contributions, gifts, grants paid | $106,500 |
| Total expenses and disbursements | $142,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,402 |
| 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 | $1,907,117 |
| 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 $106,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
100 FRIENDS PURPOSE: TO HELP INDIVIDUALS AND FAMILIES IN ASIA STRUGGLING TO SURVIVE DURING THE PANDEMIC. | $15,000 |
Williamsburg, MI PURPOSE: TO ASSIST IN FUNDING THEIR WATER PROTECTORS TRAINING CAMP, FACILITATING RELATIONSHIP-BUILDING, WATER PROTECTION AWARENESS IN THE NATURAL WORLD WITH TRAVERSE CITY AREA DISADVANTAGED OR BIPOC TEENAGERS. | $12,000 |
ON THE GROUND PURPOSE: THIS FUNDING WILL BE USED SPECIFICALLY FOR FEES RELATED TO WOMEN AWAITING OUR GENDER EQUITY TRAINING PROGRAMS IN CONFLICT ZONES OF EASTERN CONGO. THE PROGRAM ADDRESSES THE NEEDS OF MARGINALIZED WOMEN BY OFFERING A COMPREHENSIVE TRAINING PROGRAM IN SEXUAL VIOLENCE SECURITY, LITERACY, LIFE GOAL SETTING AND PLANNING AS WELL AS SKILL TRAINING TARGETED TOWARDS INCOME OPPORTUNITIES. | $10,000 |
HEALTHY FOOD FOR ALL PURPOSE: MAKING FRESH, QUALITY PRODUCE ACCESSIBLE TO LOW INCOME FAMILIES, | $6,000 |
MAGDALENE INC (THISTLE FARM) PURPOSE: TO CONTINUE TO PROVIDE HOUSING, HEALING AND CARE FOR WOMEN WHO HAVE SURVIVED LIVES OF PROSTITUTION, HUMAN TRAFFICKING, ADDICTION AND LIFE ON THE STREET. THISTLE FARMS IS THE SOCIAL ENTERPRISE THAT IS RUN BY THE WOMAN OF MAGDALENE. BY HAND, THE WOMAN CREATE NATURAL BATH AND BODY PRODUCTS THAT ARE AS GOOD FOR THE EARTH AS THEY ARE FOR THE BODY. | $6,000 |
Cincinnati, OH PURPOSE: TO PURCHASE WORKBOOKS AND EDUCATIONAL SUPPLIES IN LANGUAGE, MATH AND READING FOR THEIR LITERACY AND GED STUDENTS, ALL OF WHOM ARE FROM LOW ECONOMIC FAMILIES. THEY HELP TURN LIVES AROUND THROUGH HELPING YOUTH AND ADULTS IN ATTAINING THEIR HIGH SCHOOL DIPLOMAS OR GEDS. THESE ARE STUDENTS WHO HAVE PREVIOUSLY FAILED DUE TO HEALTH PROBLEMS, FAMILY PROBLEMS, POVERTY, LEARNING DISABILITIES, ETC. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |
American Electric Power Foundation Columbus, OH | $61,577,266 | $10,199,855 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Dean & Barbara White Family Foundation Inc Merrillville, IN | $792,865,434 | $81,802,743 |
Wilson Sheehan Foundation Springfield, OH | $57,339,515 | $15,119,930 |