Civic Intelligence

Flagstar Foundation Inc

EIN 82-1812075 • Troy, MI

5151 Corporate DriveTroy, MI 48098
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

$10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.72x

Higher debt load relative to revenue than 79% of similar nonprofits.

$10M-$25M nonprofits • Source year 2023

Net Margin

4th percentile

-136%

Higher net margin than 4% of similar nonprofits.

$10M-$25M nonprofits • Source year 2023

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$10M-$25M nonprofits • Source year 2022

Asset Growth

10th percentile

-8.9%

Faster asset growth than 10% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$18,995,161

Down $2,420,850 (-11%) from 2023

Liabilities

Up

$907,500

Up $68,000 (+8.1%) from 2023

Net Assets

Down

$18,087,661

Down $2,488,850 (-12%) from 2023

Revenue

Up

$1,359,973

Up $194,976 (+17%) from 2023

Expenses

Up

$3,848,823

Up $1,097,072 (+40%) from 2023

Net Income

Down

-$2,488,850

Down $902,096 (-57%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2019: $1,727,660Liabilities 2019: $0Net Assets 2019: $1,727,6602019Assets 2020: $3,456,588Liabilities 2020: $0Net Assets 2020: $3,456,5882020Assets 2021: $1,264,240Liabilities 2021: $1,031,000Net Assets 2021: $233,2402021Assets 2022: $23,520,747Liabilities 2022: $1,357,482Net Assets 2022: $22,163,2652022Assets 2023: $21,416,011Liabilities 2023: $839,500Net Assets 2023: $20,576,5112023Assets 2024: $18,995,161Liabilities 2024: $907,500Net Assets 2024: $18,087,6612024

Highlighted filing

2024

Assets$18,995,161
Liabilities$907,500
Net Assets$18,087,661

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2019: $1,196,739Expenses 2019: $2,279,421Net Income 2019: -$1,082,6822019Revenue 2020: $3,978,307Expenses 2020: $2,249,379Net Income 2020: $1,728,9282020Revenue 2021: $406,759Expenses 2021: $3,630,107Net Income 2021: -$3,223,3482021Revenue 2022: $24,467,599Expenses 2022: $2,537,574Net Income 2022: $21,930,0252022Revenue 2023: $1,164,997Expenses 2023: $2,751,751Net Income 2023: -$1,586,7542023Revenue 2024: $1,359,973Expenses 2024: $3,848,823Net Income 2024: -$2,488,8502024

Highlighted filing

2024

Revenue$1,359,973
Expenses$3,848,823
Net Income-$2,488,850

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH CORREAManaging Director-$0--
PAULA BORJASecretary-$0--
LAURIE MCPECKTreasurer-$0--
GARY WOLFTrustee-$0--
DONNA KRALLTrustee-$0--
MIKE DOYLETrustee-$0--
SONIA PLATAPresidentFT$0--
REGGIE DAVISTrustee-$0--
DAVID HOLLISTrustee-$0--
JENNIFER CHARTERSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Flagstar Foundation Inc
EIN
82-1812075
Phone
2483125470
Address
5151 CORPORATE DRIVE, TROY, MI 48098

Signing Officer

Name
Sonia Plata
Title
President
Phone
2483125470
Signed
2023-11-15
Discuss with paid preparer
No

Preparer

Firm
Gregory Terrell & Company
Address
613 ABBOTT STREET SUITE 320, DETROIT, MI 48226
Preparer
Gregory Terrell
Phone
3139650500
Raw XML AppendixShowing 400 of 1,065 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0To support the Volunteer Income Tax Assistance VITA program site operations in Pontiac, Dearborn, al
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0To support the Volunteer Income Tax Assistance VITA program site operations in Pontiac, Dearborn, along with the expansion of the Accounting Aid Academy, Accounting Aids small business program. The VITA services in Dearborn are in partnership with the To support the Youth Arts and Culture Workshops throughout the summer and winter seasons focusing on LGBTQ youth and their allies ages 7-18, especially those who face intersectional marginalization. These workshops are intended to give youth an appreciation of arts and culture while giving them a creative outlet to express themselves fully in a safe space. These workshops will address drawing, painting, multimedia creative poetry, fiction writing photography along with a number of theater workshops fashion/fashion design classes and the Art of Drag. In general, classes will be divided into two sections based on the age of the youth ages 7-13 and ages 14-18. Each class will have a maximum of 10-20 youth and be offered in 60 to 90-minute sessions. The coursework may range from one week to as long as 5 weeks in duration. In order to make sure all youth can participate, transportation will be provided through bus fares Lyft/Uber for older youth while also providing fuel cards for parents or older youth who drive. To successfully organize and run this multifaceted program, Affirmations will hire an additional part-time employee as Youth Coordinator to help facilitate all of the scheduling, partnerships, classes, equipment, supplies, and transportation needs. To support the organizations mission based on an employee leading a community involvement volunteer efforts on May 25 and October 4. To support the capacity building efforts to enhance administrative infrastructure and provide partial funding for a Mission Advancement Specialist position. This key position allows for the implementation of Amani mission though marketing and communication strategies, community engagement, outreach efforts, and donor relations with the goal to positively impact the lives of Amani serviced families. Amani currently provides mental health and casework services that are holistic supporting workforce readiness for Amani immigrant and refugee clients. This is accomplished by securing stable housing and employment. Clients receive support in developing language skills or language access, as well as supporting their professional goals through implementing activities focused on career exploration, budgeting, resume building, and job searches. Additional program services include 1 direct clinical services that improve mental health, 2 help crime victims navigate the criminal justice system, 3 prevent family violence, 4 decrease substance abuse, and 5 prevent and address child abuse and neglect. The funds are to support the health and wellness programs for women and youth in the tri-county area. To support the disaster relief efforts for victims of the Western Wildfires, Hurricane Ian and Fiona. To suppot in administering the Employee Assistance Fund EAF, including performing reviews and application determinations. The EAFs purpose is to support employees and their immediate families during times of significant financial hardship following a federally-declared Qualified Disaster. It serves to aid those who meet eligibility requirements and are unable to meet certain expense obligations due to the impact of a qualifying event or disaster. To support art instruction, art materials and operations. The grant will support the Bright Walls Mural Festivals educational opportunities for students to learn and be inspired by the Bright Walls muralists. The Bright Walls team will work with local art teachers to create programming that will provide an educational field trip experience for students. This will include a day featuring artist panel discussions, mural tours, and time for the students to interact with artists from around the world. Additionally, to remove as many barriers as possible for schools to attend, tran
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0SONIA PLATA
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt05151 CORPORATE DRIVE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0TROY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0MI
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0SEE APPLICATION
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt965756
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt13See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt15See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt18See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt19See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt20See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt21See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt22See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt23See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt24See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt25See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt26See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt27See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt28See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt29See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt30See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt31See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt32See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt33See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt34See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt35See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt36See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt37See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt38See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt39See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt40See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt41See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt42See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt43See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt44See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt45See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt47See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt48See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt49See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt50See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt51See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt52See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt53See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt54See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt55See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt56See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt57See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt58See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt59See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt60See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt61See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt62See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt65See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt67See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt70See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt71See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt75See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt76See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt77See Attached General Explanation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt79See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt80See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt81See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt82See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt83See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt84See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt85See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt86See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt87See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt88See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt89See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt90See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt91See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt92See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt93See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt94See Attached General Explanation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt95See Attached General Explanation

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