Public Charity

FLAGSHIP ENTERPRISE CAPITAL INC

FLAGSHIP ENTERPRISE CAPITAL INC is a nonprofit organization categorized as Public Charity based in ANDERSON, IN. Its most recent IRS filing (2025) reports revenue of $753K, expenses of $379K, total assets of $2.1M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $30K.

EIN: 813693405 ANDERSON, IN Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$753K
Total Expenses$379K
Total Assets$2.1M
Grant Records1
Funding Total$30K
Filing Years2020–2025

Mission

TO BE A MISSION DRIVEN FINANCIAL INSTITUTION THAT HELPS PROVIDE FINANCIAL SERVICES TO MEET THE NEEDS OF ECONOMICALLY DISADVANTAGED BUSINESSES AND INDIVIDUALS IN UNDERSERVED COMMUNITIES.

Where $100 goes at Flagship Enterprise Capital Inc

How Flagship Enterprise Capital Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
In the fiscal year ending may 31, 2025, Flagship Enterprise Capital closed 13 loans
All program spending · Reported in the filing: 13 loans; 941 hours of technical
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CEO Adam Hoeksema
DIRECTOR Annette Phillips
CHAIRMAN Barbara Alder
DIRECTOR Jadira Hoptry
EXECUTIVE DIRECTOR Jessie Reynolds
DIRECTOR Mathew Foley

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $753K $379K $2.1M
2024 $767K $476K $1.9M
2023 $441K $360K $1.6M
2021 $444K $190K $1.3M
2020 $265K $65K $736K

Between 2020 and 2025, reported annual revenue grew from $265K to $753K (+184%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FLAGSHIP ENTERPRISE CAPITAL INC

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