FLAG HERITAGE FOUNDATION

EIN: 237135200 501(c)(3)

DANVERS, MA

Total Revenue
$44,661
Total Expenses
$30,786
Total Assets
$227,601
Net Assets
$227,601
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MA
Principal Officer
KIRBY BAKER
Phone
4242720701
Tax Period
2018-01-01 to 2018-12-31

FLAG HERITAGE FOUNDATION, founded in 1971, is a micro nonprofit that reported $45K in total revenue in fiscal year 2018. Revenue surged 26327% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 31% operating margin.

Mission

PROVIDE INFORMATION AND ADVICE ON FLAG ETIQUETTE AND AWARENESS; PRESERVE AND DISPLAY FLAGS; CONDUCT RESEARCH AND EDUCATION ON FLAGS; COOPERATE WITH OTHER INDIVIDUALS AND INSTITUTIONS WITH SIMILAR GOALS; MAKE GRANTS FOR THESE PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $709
Investment Income $43,952
Other Revenue $0
TOTAL REVENUE $44,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,836
Other Expenses $30,786
TOTAL EXPENSES $30,786

Year-over-Year Comparison

2018 2017 Change
Revenue $44,661 $169 +263.3%
Expenses $30,786 $29,809 +0.0%
Net Income $13,875 $-29,640 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIRBY BAKER CHAIR OF TRUSTEES 10.00
Director
$0 $0 $0
ANNE PLATOFF TRUSTEE 5.00
Director
$0 $0 $0
SCOT GUENTER TRUSTEE 5.00
Director
$0 $0 $0
DAVID PHILLIPS TRUSTEE 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $44,661 $30,786 $227,601 $13,875
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