Flags For Vets Inc is located in Auburn, AL. The organization was established in 2017. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, 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. Flags For Vets 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, Flags For Vets Inc generated $93.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $94.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HONOR VETERANS BY PURCHASING AND RAISING THE NATIONAL FLAG ON A LIGHTED FLAGPOLE AT THE VETERAN'S HOUSE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Casey Board Member | 1 | $0 | |
Cliff Yow Board Member | 1 | $0 | |
Ken Reige Board Member | 1 | $0 | |
Hershel Williams Board Member | 1 | $0 | |
Robert Patterson Board Member | 1 | $0 | |
James Popwell Founder/president | 40 | $11,650 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,984 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,984 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,650 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $8,692 |
| Printing, publications, postage, and shipping | $222 |
| Other expenses | $73,233 |
| Total expenses | $94,297 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $950 |
| Other assets | $0 |
| Total assets | $950 |
| Total liabilities | $0 |
| Net assets or fund balances | $950 |