Flagstone Initiative
Offers financial aid and support to low-income individuals and families. For fiscal year 2025 it reported $591K in revenue, $313K in expenses, and $474K in net assets.Pt I
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Poughkeepsie, NY
- Website
- www.flagstoneinitiative.org
- Filings
- 4 on file (2022–2025)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Shinichiro Inoue’s $18K as CEO is at the 16th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Shinichiro Inoue | $18,000 | $52,500 | $175,000 | $131,250 |
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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Where the work happens
To provide financial support and assistance to lower-income population
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 34% | — | — |
| Overhead ratio | 66% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 64% | — | — |
| Legal fee ratio | 5% | — | — |
| Accounting fee ratio | 8% | — | — |
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
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Filings & Schedule Manifest
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Sources
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