Quick charity verification for Honor Flight Inc (EIN: 202751460)
Verdict: Honor Flight Inc appears trustworthy
92/100Mission Score
$4.8MRevenue
$6.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
High program spending ratio (e.g., 90% in 2023)
0% reported officer compensation across all filings
Consistent growth in assets over recent years (from $2.06M in 2019 to $4.71M in 2023)
Healthy asset-to-liability ratio, indicating strong financial health
Consistent and timely IRS 990 filing history (14 filings)
Spending Breakdown
How Honor Flight Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Honor Flight Inc
Is Honor Flight Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Honor Flight Inc (EIN: 202751460) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Honor Flight Inc a good charity to donate to?
Honor Flight Inc has a Mission Score of 92/100. Revenue: $4.8M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Honor Flight Inc?
The Employer Identification Number (EIN) for Honor Flight Inc is 202751460. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Honor Flight Inc spend its money?
Honor Flight Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Honor Flight Inc's tax-exempt status?
You can verify Honor Flight Inc's tax-exempt status using EIN 202751460 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Honor Flight Inc. demonstrates a strong commitment to its program services, consistently allocating a significant majority of its expenses directly to its mission. For instance, in 2023, with total expenses of $3,611,865, 90% was spent on programs, indicating efficient use of donor funds. The organization's revenue has fluctuated over the past few years, peaking at $4,942,626 in 2022 and settling at $3,617,158 in 2023, yet it has maintained a healthy asset base, growing from $2,060,011 in 2019 to $4,715,289 in 2023. This growth in assets, coupled with relatively low liabilities, suggests financial stability.
The organization's transparency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that the leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donors. The consistent filing of IRS Form 990s over 14 periods further reinforces its commitment to public accountability. Overall, Honor Flight Inc. appears to be a financially sound and transparent organization, effectively channeling resources to its stated mission.