THE FLAGSTONE INITIATIVE INC

EIN: 881233886 501(c)(3) Philanthropy & Grantmaking

POUGHKEEPSIE, NY

Total Revenue
$590,763
Total Expenses
$312,833
Total Assets
$839,188
Net Assets
$474,497
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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
2022
Principal Officer
SHINICHIRO INOUE
Phone
4152343437
Tax Period
2025-01-01 to 2025-12-31

THE FLAGSTONE INITIATIVE INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $591K in total revenue in fiscal year 2025. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $278K, a strong 47% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT AND ASSISTANCE TO LOWER-INCOME POPULATION

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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 (2025)

Revenue Breakdown

Contributions & Grants $583,455
Program Service Revenue $0
Investment Income $6,906
Other Revenue $402
TOTAL REVENUE $590,763

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,542
Fundraising Expenses $0
Program Expenses $107,245
Other Expenses $200,291
TOTAL EXPENSES $312,833

Year-over-Year Comparison

2025 2024 Change
Revenue $590,763 $360,546 +0.6%
Expenses $312,833 $285,799 +0.1%
Net Income $277,930 $74,747 +2.7%
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
N/A
Independent Members
N/A
Employees
3
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
1
$18,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHINICHIRO INOUE CEO 40.00
Officer
$18,000 $0 $18,000
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
2025 $590,763 $312,833 $839,188 $277,930
2024 No data No data No data No data
2023 $283,828 $607,393 $163,230 $-323,565
2022 $842,500 $397,115 $448,832 $445,385
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