Honor Flight Cleveland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,563 | 21,898 | 90,665 | 224.2 | — |
| 2021 | 41,820 | 7,808 | 34,012 | 681.0 | — |
| 2022 | 63,550 | 128,462 | −64,912 | 35.3 | — |
| 2023 | 57,022 | 91,914 | −34,892 | 44.8 | — |
In its most recent public year (2023), this organization spent $34,892 more than it brought in. Its reserves stood at about 44.8 months of spending, down from 224.2 in 2020.
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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