funder logo

FLAGSTAR FOUNDATION INC

FLAGSTAR FOUNDATION INC

TROY, MI, US
501(c)(3)
EIN
82-1812075
Private Foundation
Regional Funder
funder logo

FLAGSTAR FOUNDATION INC

TROY, MI, US
501(c)(3)
EIN
82-1812075
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,359,973

Investments
71%
Contributions
29%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$3,848,823

Grants
90%
Fees to Service Providers
10%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$460,698
$400,510
-13%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$704,299
$959,463
+36%
Other
$0
$0
-
Total Revenues
$1,164,997
$1,359,973
+17%
Expenses
2023
2024
Change
Grants
$2,316,000
$3,445,000
+49%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$435,297
$393,978
-9%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$454
$9,845
+2069%
Total Expenses
$2,751,751
$3,848,823
+40%
Net income
2023
2024
Change
Net income
-$1,586,754
-$2,488,850
-57%
Income Statement
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