Flag City Honor Flight Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 151,898 | 53,773 | 98,125 | 154.3 | 0% |
| 2021 | 205,932 | 107,282 | 98,650 | 88.3 | 0% |
| 2022 | 599,531 | 331,140 | 268,391 | 38.3 | 0% |
| 2023 | 484,945 | 426,507 | 58,438 | 31.4 | 0% |
In its most recent public year (2023), this organization brought in $58,438 more than it spent. Its reserves stood at about 31.4 months of spending, down from 154.3 in 2020. Staff pay was 0% of spending.
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
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