Fleshman-Pratt Foun Inc
- Assets
- $1.5m
- Revenue
- $203.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 02/1967
- Data as of
- 12/2022
- EIN
- 56-6063639
Organization Overview
Fleshman-Pratt Foun Inc is located in Winston Salem, NC. The organization was established in 1967. 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. Fleshman-Pratt Foun 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 12/2022, Fleshman-Pratt Foun Inc generated $203.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $238.2k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 4 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 2020, Fleshman-Pratt Foun Inc has awarded 66 individual grants totaling $665,000. 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 |
|---|---|---|---|
Gerrri Leigh Pratt Chairman | 1 | $2,500 | |
Christopher J Chapman Vp/treasurer | 1 | $2,500 | |
Mary Blackwell-Chapman Vp/secretary | 1 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $155,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,105 |
| Capital Gain Net Income | $48,105 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,544 |
| Total operating and administrative expenses | $17,231 |
| Contributions, gifts, grants paid | $221,000 |
| Total expenses and disbursements | $238,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,946 |
| Savings and temporary cash investments | $27,756 |
| 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 | $1,484,899 |
| 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, Fleshman-Pratt Foun Inc has awarded $221,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ADDICTION RECOVERY CARE ASSOCIATION PURPOSE: ADDICTION RECOVERY | $5,000 |
AQHA FOUNDATION PURPOSE: EQUINE RESEARCH | $10,000 |
ARTS COUNCIL OF WINSTON SALEM PURPOSE: ARTS EDUCATION | $4,000 |
ARTS FOR LIFE PURPOSE: ART EDUCATION | $14,500 |
BAPTIST RETIREMENT HOME PURPOSE: ELDERCARE | $5,000 |
CRISIS CONTROL MINISTRY PURPOSE: GENERAL CHARITABLE ASSISTANCE | $18,000 |