The Flaget Alumni Association Inc
- Assets
- $32.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 61-1285692
Organization Overview
The Flaget Alumni Association Inc is located in Louisville, KY. The organization was established in 2001. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Flaget Alumni Association 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, Flaget Alumni Association Inc generated $109.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $106.1k during the year ending 12/2022. While expenses have increased by 5.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cstephon Thompson Pres | 4 | $0 | |
Charles H Horrell Pres Elect | 4 | $0 | |
Terry J Meagher Past Pres | 4 | $0 | |
Joseph H Ledwig Sec | 4 | $0 | |
David Martin Purcell Treas | 10 | $0 | |
William Desensi Sgt At Arms | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,059 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,715 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,507 |
| Other Revenue | $0 |
| Total Revenue | $109,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,355 |
| Other expenses | $9,646 |
| Total expenses | $106,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,458 |
| Other assets | $0 |
| Total assets | $32,458 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,458 |