Flying O Foundation
- Assets
- $1.8m
- Revenue
- $70.1k
- Investments
- $80.5k
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2009
- Data as of
- 06/2022
- EIN
- 26-0217090
Organization Overview
Flying O Foundation is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Flying O Foundation 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, Flying O Foundation generated $70.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $88.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Flying O Foundation has awarded 16 individual grants totaling $475,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
N/A
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $11,597 |
| Dividends & Interest | $1,180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,640 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $294 |
| Total operating and administrative expenses | $3,544 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $88,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,718,649 |
| 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 | $1,799,172 |
| 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, Flying O Foundation has awarded $85,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK CENTER FOR AUTISM CHARTER SCHOOL PURPOSE: PROVIDE EDUCATIONAL SERVICES TO CHILDREN WITH AUTISM AND OTHER PERVASIVE DEVELOPMENTAL DISORDER | $50,000 |
EDGARTOWN SCHOOL PURPOSE: PROVIDE EDUCATIONAL SERVICES TO CHILDREN | $35,000 |