Association of Fraternal Leadership & Values
Analysis
Association of Fraternal Leadership & Values is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Association of Fraternal Leadership & Values reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.6m to $1.4m (-15%), an average of -4.0% a year. The sharpest change came in the year to August 2022, when income rose by 94%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Fraternal Leadership & Values sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Central Virginia Regional Library ($1.4m), SC Health Sciences 2 Inc ($1.4m) and K-Love & Air1 Foundation ($1.4m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $96k (6.9% of expenses). Other salaries and wages came to $260k. At year end it held assets of $951k against liabilities of $612k, net assets of $339k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 8.6%
- Program services 85%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Virginia Regional Library | Farmville | $1.4m |
| SC Health Sciences 2 Inc | Livonia | $1.4m |
| K-Love & Air1 Foundation | Franklin | $1.4m |
| Idaho STEM Academy Incorporated | Blackfoot | $1.4m |