First Coast Honor Flight Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,388 | 8,335 | 29,053 | 41.8 | — |
| 2021 | 63,285 | 28,907 | 34,378 | 26.3 | — |
| 2022 | 126,017 | 57,821 | 68,196 | 27.3 | — |
| 2023 | 87,892 | 100,504 | −12,612 | 14.2 | — |
In its most recent public year (2023), this organization spent $12,612 more than it brought in. Its reserves stood at about 14.2 months of spending, down from 41.8 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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