Honor Flight Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 333,720 | 59,245 | 274,475 | 159.9 | 43% |
| 2012 | 2,318,031 | 1,359,634 | 958,397 | 13.0 | 12% |
| 2013 | 2,578,454 | 2,024,082 | 554,372 | 11.9 | 7% |
| 2014 | 2,508,579 | 2,098,830 | 409,749 | 13.9 | 8% |
| 2015 | 2,070,007 | 2,098,775 | −28,768 | 13.8 | 8% |
| 2016 | 2,004,892 | 2,104,724 | −99,832 | 13.2 | 9% |
| 2017 | 2,226,840 | 2,085,697 | 141,143 | 14.2 | 11% |
| 2018 | 2,089,471 | 2,573,936 | −484,465 | 9.3 | 10% |
| 2019 | 2,585,404 | 2,594,529 | −9,125 | 9.3 | 12% |
| 2020 | 1,446,917 | 1,058,387 | 388,530 | 27.1 | 32% |
| 2021 | 2,037,473 | 1,673,782 | 363,691 | 19.8 | 25% |
| 2022 | 4,942,626 | 3,192,630 | 1,749,996 | 17.0 | 14% |
| 2023 | 3,617,158 | 3,611,865 | 5,293 | 15.5 | 15% |
In its most recent public year (2023), this organization brought in $5,293 more than it spent. Its reserves stood at about 15.5 months of spending, down from 159.9 in 2011. Staff pay was 15% of spending. $1,338,088 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Honor Flight Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works