Flying Banner Of Love Foundation is located in Sevierville, TN. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flying Banner Of Love 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 09/2022, Flying Banner Of Love Foundation generated $30.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (50.3%) each year. All expenses for the organization totaled $3.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO ILLNESS OF THE PRESIDENT, THE ORGANIZATION HAD NO PROGRAM ACTIVITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Schuele President | 0 | $0 | |
Kathy Schuele Vice Pres | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $30 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $30 |
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 | $2,787 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $31 |
Total operating and administrative expenses | $3,168 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $3,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $78,623 |
Other assets | $35,205 |
Total assets | $113,828 |
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 |
Over the last fiscal year, Flying Banner Of Love Foundation has awarded $6,555 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FIRE VICTIMS PURPOSE: DISASTER ASSISTANCE | $6,555 |
Organization Name | Assets | Revenue |
---|---|---|
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Catholic Charites Of Kc St Joseph Inc Kansas City, MO | $5,341,549 | $14,556,013 |
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Lawrence Hall Health & Rehabilitation Walnut Ridge, AR | $6,640,497 | $11,158,374 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Community Action Agency Of Northeast Alabama Inc Rainsville, AL | $2,230,676 | $9,389,918 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |