The Richard L and K Flerlage Fnd Inc is a 501(c)(3) organization based in Maple City, Michigan, registered in 1984, with $188,178 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$188K
▲ 1073.5% vs prior year
Expenses (FY2024)
$124K
Net assets
$1.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Richard L and K Flerlage Fnd Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Richard L and K Flerlage Fnd Inc: 169 mo reserves · +34% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Richard L and K Flerlage Fnd Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Richard L and K Flerlage Fnd Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $14K (FY2013) to $188K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
34.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $188,178▲1073% | $123,805▲2.0% | $1,740,715▲3.8% | $1,740,715▲3.8% | 990PF |
| 2023 | $16,036▼41.5% | $121,318▼20.9% | $1,676,342▼5.9% | $1,676,342▼5.9% | 990PF |
| 2022 | $27,395▼88.5% | $153,437▲8.0% | $1,781,624▼6.6% | $1,781,624▼6.6% | 990PF |
| 2021 | $238,066▼83.2% | $142,109▲133% | $1,907,117▲5.2% | $1,907,117▲5.2% | 990PF |
| 2020 | $1,420,366▲4781% | $61,022▲79.5% | $1,813,535▲303% | $1,813,535▲303% | 990PF |
| 2019 | $29,101▼39.3% | $34,005▼10.0% | $449,909▼1.5% | $449,909▼1.5% | 990PF |
| 2018 | $47,980▲200% | $37,798▲7.9% | $456,778▲2.2% | $456,778▲2.2% | 990PF |
| 2017 | $15,985▼52.4% | $35,041▲6.0% | $446,789▼3.3% | $446,789▼3.3% | 990PF |
| 2016 | $33,588▲74.3% | $33,073▼10.7% | $462,012▼1.0% | $462,012▼1.0% | 990PF |
| 2014 | $19,265▲41.9% | $37,021▲21.4% | $466,863▼3.7% | $466,863▼3.7% | 990PF |
| 2013 | $13,576 | $30,487 | $484,619 | $484,619 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for The Richard L and K Flerlage Fnd Inc (EIN 31-1066269) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.