Flow Foundation Inc

Flow Foundation Inc. maintains consistent multi-million dollar revenue with fluctuating assets and no reported officer compensation.

EIN: 201983806 · Winstonsalem, NC · NTEE: T20 · Updated: 2026-03-28

$1.5MRevenue

$395KAssets

75/100Mission Score (Good)

T20

About Flow Foundation Inc

Flow Foundation Inc (EIN: 201983806) is a nonprofit organization based in Winstonsalem, NC, classified under NTEE code T20. The organization reported total revenue of $1.5M and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flow Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Flow Foundation Inc. demonstrates a generally stable financial position with consistent revenue generation over the past decade, typically exceeding $1 million annually. In the most recent filing (202312), the organization reported revenues of $1,729,932 against expenses of $1,580,077, indicating a surplus. While assets have fluctuated, they show a positive trend in recent years, reaching $675,117 in 202312, up from $171,922 in 202212. The organization's liabilities also saw a significant increase in 202312 to $364,500, which warrants closer examination to understand its nature and impact on financial stability.

The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests a focus on grantmaking or supporting other nonprofits, which typically involves lower direct program delivery costs but higher administrative oversight. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. However, the consistent operational surpluses in most years indicate sound financial management.

Overall, Flow Foundation Inc. appears to be a financially stable organization with a history of generating substantial revenue to support its mission. The lack of reported officer compensation is a notable point regarding transparency, and a deeper dive into the composition of liabilities would provide a more complete financial picture. The organization's ability to maintain a positive net asset position over time, despite fluctuations, is a strength.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Flow Foundation Inc with a Mission Score of 75 out of 100 (Good). 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, Flow Foundation Inc 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.

Executive Compensation Analysis

No officer compensation has been reported across all ten available IRS 990 filings, suggesting either a fully volunteer executive leadership or that compensation is categorized differently, which could obscure a complete view of leadership costs relative to the organization's consistent multi-million dollar 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 Flow Foundation Inc's IRS 990 filings:

No reported officer compensation across all filings, potentially obscuring leadership costs.
Significant increase in liabilities in 202312 to $364,500 without clear explanation in summary data.

Strengths

The following positive indicators were identified for Flow Foundation Inc:

Consistent annual revenue exceeding $1 million, demonstrating strong fundraising or income generation capabilities.
Generally positive net assets, indicating financial stability over time.
Operational surpluses in most years, such as $149,855 in 202312 ($1,729,932 revenue - $1,580,077 expenses), indicating sound financial management.

Frequently Asked Questions about Flow Foundation Inc

Why is no officer compensation reported across all filings?

The consistent reporting of 0% officer compensation across all ten available IRS 990 filings is unusual for an organization with over $1 million in annual revenue. This could indicate a volunteer-led executive team, or that executive compensation is reported under other expense lines, which would reduce transparency regarding leadership costs.

What caused the significant increase in liabilities in 202312 to $364,500?

The liabilities increased substantially from $11,500 in 202212 to $364,500 in 202312. Understanding the nature of these liabilities (e.g., grants payable, loans, deferred revenue) is crucial for assessing the organization's short-term financial obligations and overall risk.

What are the specific program activities funded by Flow Foundation Inc.?

Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the organization likely engages in grantmaking or supporting other nonprofits. A detailed understanding of its specific program activities and beneficiaries would provide insight into its impact and mission alignment.

Filing History

IRS 990 filing history for Flow Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Flow Foundation Inc's revenue has grown by 100.2%, moving from $864K to $1.7M. Total assets increased by 60.2% over the same period, from $421K to $675K. Total functional expenses rose by 96.7%, from $803K to $1.6M. In its most recent filing year (2023), Flow Foundation Inc reported a surplus of $150K, with revenue exceeding expenses. The organization holds $365K in liabilities against $675K in assets (debt-to-asset ratio: 54.0%), resulting in net assets of $311K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$1.6M	$675K	$365K	—	—
2022	$1.0M	$1.4M	$172K	$12K	—	View 990
2021	$1.5M	$1.0M	$582K	$71K	—	View 990
2020	$1.0M	$1.1M	$80K	$30K	—	View 990
2019	$1.1M	$1.1M	$92K	$8K	—	—
2015	$1.4M	$983K	$1.4M	$17K	—	View 990
2014	$1.1M	$914K	$1.2M	$184K	—	View 990
2013	$1.1M	$850K	$922K	$87K	—	View 990
2012	$1.1M	$805K	$589K	$28K	—	View 990
2011	$864K	$803K	$421K	$135K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $1.6M, and assets of $675K (revenue +67.1% year-over-year).
2022: Revenue of $1.0M, expenses of $1.4M, and assets of $172K (revenue -29.1% year-over-year).
2021: Revenue of $1.5M, expenses of $1.0M, and assets of $582K (revenue +39.9% year-over-year).
2020: Revenue of $1.0M, expenses of $1.1M, and assets of $80K (revenue -3.2% year-over-year).
2019: Revenue of $1.1M, expenses of $1.1M, and assets of $92K (revenue -22.1% year-over-year).
2015: Revenue of $1.4M, expenses of $983K, and assets of $1.4M (revenue +28.4% year-over-year).
2014: Revenue of $1.1M, expenses of $914K, and assets of $1.2M (revenue -4.1% year-over-year).
2013: Revenue of $1.1M, expenses of $850K, and assets of $922K (revenue +4.0% year-over-year).
2012: Revenue of $1.1M, expenses of $805K, and assets of $589K (revenue +25.0% year-over-year).
2011: Revenue of $864K, expenses of $803K, and assets of $421K.

Data Sources and Methodology

This transparency report for Flow Foundation 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.