Flagship Enterprise Center

Community development organization based in Anderson, IN.0 Exempt under §501(c)(3).

MissionTO CONTRIBUTE TO THE LONG-TERM ECONOMIC DEVELOPMENT OF THE COMMUNITIES OF ANDERSON, MADISON COUNTY, AND THE STATE OF INDIANA BY ENCOURAGING AND NURTURING THE ENTREPRENEURIAL SPIRIT THROUGH PROVIDING MENTORING, NETWORKING, BUSINESS SERVICES, EDUCATIONAL OPPORTUNITIES, AND ACCESS

Financial snapshot · TY 2024

$3.7M
Total revenue
$4.2M
Total expenses
$38.6M
Net assets

Financial health · TY 2024

88
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
88.3 months of expenses
Program efficiency
69
77.8% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

Terry Truitt
PRESIDENT
$182,785
59th percentile vs. peers

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Flagship Enterprise Center Executive Compensation | 990 Data | DoubleNine