Five Frogs Inc
- Assets
- $413.5k
- Revenue
- $579.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Fairfield, CT
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 81-3273201
Organization Overview
Five Frogs Inc is located in Fairfield, CT. The organization was established in 2016. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Frogs 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 06/2022, Five Frogs Inc generated $579.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $426.5k during the year ending 06/2022. While expenses have increased by 20.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FIVE FROGS, INC. IS BUILDING A POWERFUL MOVEMENT OF DIVERSE LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP DEVELOPMENT ROUNDTABLE (LDR) IS A STRENGTHS-BASED, ACTION-ORIENTED COHORT EXPERIENCE THAT SUPPORTS LEADERS IN IMPROVING THEIR LEADERSHIP PRACTICE. LDR HELPS LEADERS BUILD SKILLS, EXPAND THEIR NETWORK, AND CONNECT WITH PEERS TO ADDRESS SYSTEMIC INEQUITIES AND REALIZE EQUITY IN CONNECTICUT. COMPONENTS INCLUDE: FULL COHORT SESSIONS, SPECIAL GUESTS, INDIVIDUAL COACHING, INDIVIDUAL MENTORSHIP, PARTICIPATION IN SMALL PEER GROUPS, AND THE OPPORTUNITY FOR INDIVIDUAL REFLECTION.
INDIVIDUAL LEADERSHIP COACHING AND GROUP COACHING ARE STRENGTHS AND INQUIRY BASED EXPERIENCES THAT HELP CONNECTICUT LEADERS ACHIEVE RESULTS. THROUGH ACTIVE LISTENING AND ASKING POWERFUL AND PERTINENT QUESTIONS, COACHES HELP LEADERS FIND AND EXPLORE PERSONAL VALUES, OPEN UP POSSIBILITIES WHEN A DECISION OR ACTION NEEDS TO BE MADE, SEE DIFFERENT PERSPECTIVES IN A SITUATION, TRY OUT AND REFLECT ON NEW PRACTICES AND SET AND ACHIEVE GOALS.
PEER LEARNING COHORTS SUPPORT CROSS-SECTOR GROUPS IN DIVING DEEPER IN THEIR EQUITY AND/OR LIBERATION WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mirellise Vazquez President | OfficerTrustee | 4 | $0 |
Andrea Comer Vice President | OfficerTrustee | 2 | $0 |
Omar Garro Treasurer | OfficerTrustee | 2 | $0 |
Ellen Webb Secretary | OfficerTrustee | 2 | $0 |
Robert Arnold Director | Trustee | 1 | $0 |
Katherine Manahan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $501,720 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $579,821 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,490 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,326 |
| Pension plan accruals and contributions | $5,375 |
| Other employee benefits | $15,378 |
| Payroll taxes | $10,636 |
| Fees for services: Management | $57,147 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,819 |
| Advertising and promotion | $9,912 |
| Office expenses | $3,733 |
| Information technology | $4,234 |
| Royalties | $0 |
| Occupancy | $1,575 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,281 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,388 |
| All other expenses | $0 |
| Total functional expenses | $426,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,797 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,547 |
| Accounts payable and accrued expenses | $1,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,249 |
| Net assets without donor restrictions | $371,490 |
| Net assets with donor restrictions | $40,808 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $412,298 |