Honor Flight Twin Cities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 180,436 | 156,321 | 24,115 | 1.9 | 0% |
| 2017 | 170,811 | 164,920 | 5,891 | 2.2 | 0% |
| 2018 | 191,666 | 184,446 | 7,220 | 2.4 | 0% |
| 2019 | 225,806 | 189,519 | 36,287 | 4.7 | 0% |
| 2020 | 67,744 | 26,012 | 41,732 | 53.2 | 0% |
| 2021 | 72,225 | 32,507 | 39,718 | 57.2 | 0% |
| 2022 | 65,788 | 122,842 | −57,054 | 9.6 | 0% |
| 2023 | 105,348 | 121,549 | −16,201 | 8.1 | 0% |
In its most recent public year (2023), this organization spent $16,201 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 1.9 in 2016. 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
Honor Flight Twin Cities'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