Floc For Love Of Children
- Assets
- $3.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 17
- Location
- Washington, DC
- Founding
- 02/1966
- Data as of
- 09/2023
- EIN
- 52-6064548
Organization Overview
Floc For Love Of Children is located in Washington, DC. The organization was established in 1966. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Floc For Love Of Children employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floc For Love Of Children 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 09/2023, Floc For Love Of Children generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH, EMPOWER AND TRANSFORM CHILDREN TO BECOME CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2022-2023 PROGRAM YEAR, FLOC SERVED 232 UNDUPLICATED STUDENTS ACROSS OUR PROGRAMS (I.E. ONE STUDENT ENROLLED IN BOTH MATH AND READING TUTORING WOULD BE CONSIDERED ONE STUDENT ALTHOUGH THEY PARTICIPATED IN TWO PROGRAMS).100% OF OUR STUDENTS HAVE GRADUATED FROM HIGH SCHOOL ON-TIME. 100% OF MATH AND LITERACY STUDENTS IMPROVED THEIR PROFICIENCY BY AT LEAST HALF A GRADE LEVEL AFTER 56 HOURS OF TUTORING. WE ARE PLEASED TO HAVE AWARDED $40,174 IN SCHOLARSHIPS TO FLOC'S POST-SECONDARY STUDENTS. EIGHT OUT OF TEN STUDENTS INCREASED THEIR VOCABULARIES OVER SIX WEEKS OF SUMMER CAMP. IN JUNE FLOC PARTNERED WITH SHOUT MOUSE PRESS FOR OUR ANNUAL BOOK FESTIVAL. DURING THE FESTIVAL JOSEPH, A TWO-TIME PUBLISHED AUTHOR READ ONE OF HIS BOOKS. THROUGH HIS WORK, JOSEPH SHOWED STUDENTS THAT THEIR VOICES MATTER AND THEIR STORIES DESERVE TO BE TOLD. AT FLOC, WE FOCUS ON MORE THAN JUST TUTORING INTERVENTION. WE ALSO WANT TO SET OUR STUDENTS UP FOR SUCCESS OUTSIDE THE CLASSROOM AND INSPIRE THEM TO GO AFTER THEIR DREAMS, NO MATTER WHAT PATH THEY CHOOSE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latoya Clark Executive Director | Officer | 40 | $91,682 |
Renee-Lauren V Ellis Director | Trustee | 1 | $0 |
Grace Langham Secretary | OfficerTrustee | 1 | $0 |
Sanjay K Mitchell Chair | OfficerTrustee | 1 | $0 |
Matthew Blocher Vice Chair | OfficerTrustee | 1 | $0 |
Kyle Fields Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $29,759 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,186,663 |
| Noncash contributions included in lines 1a–1f | $5,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,216,422 |
| Total Program Service Revenue | $0 |
| Investment income | $32,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,752 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,221,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $40,174 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,347 |
| Compensation of current officers, directors, key employees. | $28,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,997 |
| Pension plan accruals and contributions | $10,405 |
| Other employee benefits | $39,296 |
| Payroll taxes | $52,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $68,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168,378 |
| Advertising and promotion | $465 |
| Office expenses | $9,767 |
| Information technology | $10,143 |
| Royalties | $0 |
| Occupancy | $265,907 |
| Travel | $536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,010 |
| Insurance | $67,384 |
| All other expenses | $11,439 |
| Total functional expenses | $1,376,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786,490 |
| Savings and temporary cash investments | $4,235 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,086 |
| Net Land, buildings, and equipment | $1,135,483 |
| Investments—publicly traded securities | $1,195,685 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $671,808 |
| Total assets | $3,801,787 |
| Accounts payable and accrued expenses | $8,657 |
| 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 | $815,945 |
| Total liabilities | $824,602 |
| Net assets without donor restrictions | $1,277,708 |
| Net assets with donor restrictions | $1,699,477 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,801,787 |