Flagship United Communitydevelopment Corporation

Flagship United Communitydevelopment Corporation consistently spends more than it earns, drawing down significant assets.

EIN: 205769751 · Bay St Louis, MS · NTEE: L21 · Updated: 2026-03-28

$11KRevenue
$4.9MAssets
45/100Mission Score (Fair)
L21
Flagship United Communitydevelopment Corporation Financial Summary
MetricValue
Total Revenue$11K
Total Expenses$17K
Program Spending80%
Net Assets$4.9M
Transparency Score45/100

Search Intent Cockpit

Flagship United Communitydevelopment Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Flagship United Communitydevelopment Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Flagship United Communitydevelopment Corporation in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $11K and expenses of $17K.

Revenue and Expenses

Flagship United Communitydevelopment Corporation reported $11K in revenue and $17K in expenses, a deficit of $6K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

45/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Flagship United Communitydevelopment Corporation Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Flagship United Communitydevelopment Corporation Expense Deployment
Program services$14K (80%)

Across stored filings, Flagship United Communitydevelopment Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Flagship United Communitydevelopment Corporation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B11 stored filing years
Peer contextCompare with Mending Hearts Youth Ranch IncMississippi and Category L context

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Bay St Louis, MS nonprofits
Category L in Mississippi
Human Services in Mississippi

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Flagship United Communitydevelopment Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Flagship United Communitydevelopment Corporation

Flagship United Communitydevelopment Corporation (EIN: 205769751) is a nonprofit organization based in Bay St Louis, MS, classified under NTEE code L21. The organization reported total revenue of $11K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flagship United Communitydevelopment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
MicroSize Classification
11Years of Filings
MixedRevenue Trajectory

Flagship United Communitydevelopment Corporation is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -25.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$11K
Total Expenses$17K
Surplus / Deficit$-5,741
Total Assets$4.9M
Net Assets$4.9M
Operating Margin-51.0%
Months of Reserves3440.8 months

Financial Health Grade: B

In 2023, Flagship United Communitydevelopment Corporation reported a deficit of $6K with expenses exceeding revenue, holds 3440.8 months of operating reserves (strong position).

Financial Trends

Over 11 years of filings (2013–2023), Flagship United Communitydevelopment Corporation's revenue has declined at a compound annual growth rate (CAGR) of -25.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.0%-23.0%-0.1%
2022-6.1%+118.9%-0.2%
2021-14.0%-38.2%-25.2%
2020-19.8%-8.6%+23.2%
2019+27.4%+10.2%+-0.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Flagship United Communitydevelopment Corporation exhibits a concerning financial trend, with expenses consistently exceeding revenue in recent years. For example, in 2023, revenue was $11,250 while expenses were $16,991, and in 2022, revenue was $11,250 against expenses of $22,064. This indicates a reliance on existing assets or prior periods' surpluses to cover operational costs, which is not sustainable long-term. The organization's assets, while substantial at $4,860,953, have shown a gradual decline from a peak of $6,859,706 in 2017, suggesting asset depletion. The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent deficit spending raises questions about the efficiency of resource utilization. The organization's transparency appears to be good in terms of filing its IRS 990s consistently, and the absence of officer compensation reported is a positive sign regarding executive pay. Despite the consistent filings, the lack of significant revenue generation relative to its asset base and the ongoing operational deficits are significant concerns. The organization's ability to continue its mission effectively with such a financial structure warrants closer examination of its operational model and funding strategies.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Flagship United Communitydevelopment Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Flagship United Communitydevelopment Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$11KTotal Revenue
$17KTotal Expenses
$4.9MTotal Assets
$4.9MNet Assets
  • The organization reported a deficit of $6K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a positive for resource allocation given the organization's modest revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Flagship United Communitydevelopment Corporation's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $16,991 expenses vs. $11,250 revenue in 2023.
  • Gradual decline in total assets from a peak of $6,859,706 in 2017 to $4,860,953 currently, indicating asset depletion.
  • Very low annual revenue generation relative to the substantial asset base, raising questions about asset utilization.
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes efficiency analysis difficult.

Strengths

The following positive indicators were identified for Flagship United Communitydevelopment Corporation:

  • Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
  • No officer compensation reported across all available filings, indicating efficient use of funds at the executive level.
  • Substantial asset base of $4,860,953, providing a financial cushion, though it is being drawn down.

Frequently Asked Questions about Flagship United Communitydevelopment Corporation

Is Flagship United Communitydevelopment Corporation a legitimate charity?

Flagship United Communitydevelopment Corporation (EIN: 205769751) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 45/100. It has 11 years of IRS 990 filings on record. Total revenue: $11K. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Flagship United Communitydevelopment Corporation spend its money?

Flagship United Communitydevelopment Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Flagship United Communitydevelopment Corporation tax-deductible?

Flagship United Communitydevelopment Corporation is registered as a tax-exempt nonprofit (EIN: 205769751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Flagship United Communitydevelopment Corporation's spending goes to programs?

Flagship United Communitydevelopment Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Flagship United Communitydevelopment Corporation compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Flagship United Communitydevelopment Corporation is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Flagship United Communitydevelopment Corporation located?

Flagship United Communitydevelopment Corporation is headquartered in Bay St Louis, Mississippi and files with the IRS under EIN 205769751. It is classified under NTEE code L21.

How many years of IRS 990 filings does Flagship United Communitydevelopment Corporation have?

Flagship United Communitydevelopment Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11K in total revenue.

Is Flagship United Communitydevelopment Corporation financially sustainable?

Based on the consistent trend of expenses exceeding revenue (e.g., $16,991 expenses vs. $11,250 revenue in 2023), the organization's current financial model does not appear sustainable without drawing down its asset base.

Why has the organization's revenue been so low in recent years compared to its assets?

The organization's revenue has been consistently low, often in the range of $11,000-$17,000 annually, despite holding assets close to $5 million. This suggests either a very limited operational scope or a significant underutilization of its asset base for revenue generation.

What caused the significant revenue spike in 2016 ($938,405) and 2014 ($93,063)?

The data shows a significant revenue spike in 2016 ($938,405) and a smaller one in 2014 ($93,063), which are outliers compared to the typical annual revenue of around $11,000-$17,000. Understanding the source of these funds (e.g., grants, specific projects) would be crucial to assess future funding potential.

How are the organization's substantial assets being utilized?

With assets of $4,860,953 and minimal operational revenue, it's important to understand how these assets are held (e.g., endowments, property) and if they are generating any income or directly supporting program activities.

Filing History

IRS 990 filing history for Flagship United Communitydevelopment Corporation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Flagship United Communitydevelopment Corporation's revenue has declined by 94.9%, moving from $223K to $11K. Total assets decreased by 79.3% over the same period, from $23.6M to $4.9M. Total functional expenses rose by 345.3%, from $4K to $17K. In its most recent filing year (2023), Flagship United Communitydevelopment Corporation reported a deficit of $6K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $11K $17K $4.9M $0
2022 $11K $22K $4.9M $150 View 990
2021 $12K $10K $4.9M $300 View 990
2020 $14K $16K $6.5M $1.6M
2019 $17K $18K $5.3M $0 View 990
2018 $14K $16K $5.3M $0 View 990
2017 $13K $16K $6.9M $1.6M
2016 $938K $17K $6.8M $1.5M View 990
2015 $10K $15K $4.4M $0 View 990
2014 $93K $228K $4.4M $150 View 990
2013 $223K $4K $23.6M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $11K, expenses of $17K, and assets of $4.9M (revenue +0.0% year-over-year).
  • 2022: Revenue of $11K, expenses of $22K, and assets of $4.9M (revenue -6.1% year-over-year).
  • 2021: Revenue of $12K, expenses of $10K, and assets of $4.9M (revenue -14.0% year-over-year).
  • 2020: Revenue of $14K, expenses of $16K, and assets of $6.5M (revenue -19.8% year-over-year).
  • 2019: Revenue of $17K, expenses of $18K, and assets of $5.3M (revenue +27.4% year-over-year).
  • 2018: Revenue of $14K, expenses of $16K, and assets of $5.3M (revenue +3.8% year-over-year).
  • 2017: Revenue of $13K, expenses of $16K, and assets of $6.9M (revenue -98.6% year-over-year).
  • 2016: Revenue of $938K, expenses of $17K, and assets of $6.8M (revenue +9160.9% year-over-year).
  • 2015: Revenue of $10K, expenses of $15K, and assets of $4.4M (revenue -89.1% year-over-year).
  • 2014: Revenue of $93K, expenses of $228K, and assets of $4.4M (revenue -58.2% year-over-year).
  • 2013: Revenue of $223K, expenses of $4K, and assets of $23.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Flagship United Communitydevelopment Corporation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Flagship United Communitydevelopment Corporation 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.

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