Flagler Cares Inc
EIN: 474145174 · Palm Coast, FL
Is Flagler Cares Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Flagler Cares Inc
Flagler Cares Inc (EIN: 474145174) is a nonprofit organization based in Palm Coast, FL. The organization reported total revenue of $2.8M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flagler Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flagler Cares Inc is a mid-size nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 67.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$29K |
| Total Assets | $1.2M |
| Total Liabilities | $690K |
| Net Assets | $540K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 56.1% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2024, Flagler Cares Inc reported a surplus of $29K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 56.1% (high leverage).
Financial Trends
Over 10 years of filings (2015–2024), Flagler Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 67.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.3% | +1.7% | +16.1% |
| 2023 | +152.9% | +128.4% | +312.4% |
| 2022 | +1.9% | +4.1% | -15.2% |
| 2021 | +437.2% | +410.8% | +112.0% |
| 2020 | +5.0% | +17.5% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Flagler Cares Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Flagler Cares Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.1%.
Frequently Asked Questions about Flagler Cares Inc
Is Flagler Cares Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flagler Cares Inc (EIN: 474145174) insufficient data. 0 red flags identified, 0 strengths noted.
How does Flagler Cares Inc spend its money?
Detailed spending breakdown data is not yet available for Flagler Cares Inc. Check back for updated IRS 990 analysis.
Are donations to Flagler Cares Inc tax-deductible?
Flagler Cares Inc is registered as a tax-exempt nonprofit (EIN: 474145174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Flagler Cares Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Flagler Cares Inc's revenue has grown by 10267%, moving from $28K to $2.9M. Total assets increased by 143184.5% over the same period, from $858 to $1.2M. Total functional expenses rose by 10489%, from $27K to $2.9M. In its most recent filing year (2024), Flagler Cares Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $690K in liabilities against $1.2M in assets (debt-to-asset ratio: 56.1%), resulting in net assets of $540K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $2.9M | $1.2M | $690K | — | View 990 |
| 2023 | $3.2M | $2.8M | $1.1M | $548K | — | View 990 |
| 2022 | $1.3M | $1.2M | $257K | $79K | — | View 990 |
| 2021 | $1.2M | $1.2M | $303K | $153K | — | View 990 |
| 2020 | $231K | $233K | $143K | $46K | — | View 990 |
| 2019 | $220K | $198K | $120K | $22K | — | View 990 |
| 2018 | $77K | $71K | $76K | $244 | — | View 990 |
| 2017 | $118K | $77K | $69K | $0 | — | View 990 |
| 2016 | $70K | $43K | $28K | $0 | — | View 990 |
| 2015 | $28K | $27K | $858 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.9M, expenses of $2.9M, and assets of $1.2M (revenue -9.3% year-over-year).
- 2023: Revenue of $3.2M, expenses of $2.8M, and assets of $1.1M (revenue +152.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $257K (revenue +1.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $303K (revenue +437.2% year-over-year).
- 2020: Revenue of $231K, expenses of $233K, and assets of $143K (revenue +5.0% year-over-year).
- 2019: Revenue of $220K, expenses of $198K, and assets of $120K (revenue +184.7% year-over-year).
- 2018: Revenue of $77K, expenses of $71K, and assets of $76K (revenue -34.4% year-over-year).
- 2017: Revenue of $118K, expenses of $77K, and assets of $69K (revenue +68.0% year-over-year).
- 2016: Revenue of $70K, expenses of $43K, and assets of $28K (revenue +150.9% year-over-year).
- 2015: Revenue of $28K, expenses of $27K, and assets of $858.
Data Sources and Methodology
This transparency report for Flagler Cares Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.