Flipany INC EIN 87-0743538

Flipany INC FY2021 filing

EIN  87-0743538 Public charity (501(c)(3)) Ft Lauderdale, FL Founded 2005
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/15/26 · see original filing: IRS
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Size
$1–10M
What they do
Promotes healthy lives with nutrition education, physical activities, and wellness programs.
Leadership
Lynne Kunins · President and CEO · $153K
Money in and out
$7.2M revenue, $6.5M expenses
Bottom line
91% program efficiency

Promotes healthy lives with nutrition education, physical activities, and wellness programs. For fiscal year 2021 it reported $7.2M in revenue, $6.5M in expenses, and $2.3M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$7.2M
Pt VIII · Ln 12
Total expenses
$6.5M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $737K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program efficiency
91%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$7.2M
FY2021▲ +7%
Expenses
$6.5M
FY2021▲ +11%
Total assets
$3.6M
FY2021▲ +55%
Total liabilities
$1.3M
FY2021▲ +71%
Total revenue
$7.2M
Pt VIII · Ln 12
Total expenses
$6.5M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$737K
Total assetsPt X · Ln 16$3.6M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $5.8M of program spending, described in the organization's own filed words · FY2021.
01

Access to Healthy Meals

In 2021, flipany provided over one million healthy meals to kids in need, ensuring that over 6,200 youth had a nutritious meal every day. Using bento box packaging and multi-cultural food experiences, flipany's afterschool and summer meal program has been recognized as a game-changer for at-risk youth.

$5.3Mprogram expense
02

Nutrition Education

Flipany's team of health and wellness professionals delivered life-changing evidence based nutrition education to over 40,000 low-income florida residents at over 300 locations. Flipany's teams of chef instructors and nutrition educators deliver highly interactive, hands-on healthy food experiences to low-income seniors, pre-school…

$312Kprogram expense
03

Physical Activity

In 2021 flipany delivered evidence based physical activity programs to over 130 sites in broward, palm beach, and miami-dade counties. Through innovative partnerships with local agencies and national programs, flipany brings high quality fitness activities to low-income communities at no cost to participants.

$205Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFlipany INC
EINHdr · item D87-0743538
Principal addressHdr · item CFt Lauderdale, FL
WebsiteHdr · item Jwww.flipany.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K40)
Ruling yearIRS BMFApr 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and CEO
$152,896Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director (ending 10/2021)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lynne Kunins’s $158K as President and CEO is at the 85th percentile of top reported officer pay among 819 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lynne Kunins$157,690$155,336$155,330$152,896$157,898
Kristine Perez- Carrion$107,878
Kristine Perez-Carrion$102,102

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$6.8M · 94%
Contributions & grants$403K · 6%
Other revenue$45K · 1%
Program service revenue94%$6.8M
Contributions & grants6%$403K
Other revenue1%$45K
Investment income$50
Total revenueLn 12$7.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program services91%$5.9M
Management & general5%$334K
Fundraising4%$260K
Total functional expensesLn 25$6.5M

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$3.6M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$2.3M
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses/yr $6.5M
3.6 months
Where the money goes
Program services
Program services $5.9M · Total expenses $6.5M
91%
Management & General
Management & general $334K · Total expenses $6.5M
5%
Fundraising
Fundraising $260K · Total expenses $6.5M
4%
Cost to raise $1
Fundraising expense (2-yr avg) $260K · Solicited contributions (2-yr avg) $497K
$0.52 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $403K · Total revenue $7.2M
6%
Government reliance
Government grants — · Total revenue $7.2M
Earned-income share
Program service revenue $6.8M · Total revenue $7.2M
94%
Investment reliance
Investment income $50 · Total revenue $7.2M
0%
Program self-sufficiency
Program service revenue $6.8M · Total expenses $6.5M
104%
Growth & trend
Revenue growth (YoY)
This year $7.2M · Prior year $6.7M
+7%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.2M · Expenses $6.5M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $3.6M
Net-asset ratio
Net assets $2.3M · Total assets $3.6M
64%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lynne Kunins · Reported title PRESIDENT AND CEO · Highest reported compensation $153K · Total expenses $6.5M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $6.5M
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 5%
Fundraising cost ratio 65%
Revenue growth 7%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$8.1M revenue · ⤓ 990 PDF
FY2023$5.9M revenue · ⤓ 990 PDF
FY2022$4.6M revenue · ⤓ 990 PDF
FY2021$7.2M revenue · viewing · ⤓ 990 PDF
FY2020$6.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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