Honor Flight Nevada
EIN: 454472272 · Washoe Valley, NV · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $761K |
| Total Expenses | $236K |
| Net Assets | $446K |
Is Honor Flight Nevada Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Honor Flight Nevada
Honor Flight Nevada (EIN: 454472272) is a nonprofit organization based in Washoe Valley, NV, classified under NTEE code P20. The organization reported total revenue of $761K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Honor Flight Nevada's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Honor Flight Nevada is a small nonprofit that has been operating for 14 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $434K |
| Total Expenses | $236K |
| Surplus / Deficit | +$197K |
| Total Assets | $563K |
| Total Liabilities | $117K |
| Net Assets | $446K |
| Operating Margin | 45.5% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 28.6 months |
Financial Health Grade: A
In 2023, Honor Flight Nevada reported a surplus of $197K with revenue exceeding expenses, holds 28.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Honor Flight Nevada's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.3% | -43.1% | +40.5% |
| 2022 | -27.4% | +200.0% | -16.3% |
| 2021 | +119.7% | +118.9% | +77.0% |
| 2020 | -24.1% | -54.6% | +45.1% |
| 2019 | +8.0% | -39.2% | +37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Honor Flight Nevada has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Honor Flight Nevada with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $197K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.8%.
Frequently Asked Questions about Honor Flight Nevada
Is Honor Flight Nevada a legitimate charity?
Honor Flight Nevada (EIN: 454472272) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $761K. No red flags identified. Financial health grade: A.
How does Honor Flight Nevada spend its money?
Honor Flight Nevada reported $761K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Honor Flight Nevada tax-deductible?
Honor Flight Nevada is registered as a tax-exempt nonprofit (EIN: 454472272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Honor Flight Nevada located?
Honor Flight Nevada is headquartered in Washoe Valley, Nevada and files with the IRS under EIN 454472272. It is classified under NTEE code P20.
How many years of IRS 990 filings does Honor Flight Nevada have?
Honor Flight Nevada has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $761K in total revenue.
Filing History
IRS 990 filing history for Honor Flight Nevada showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Honor Flight Nevada's revenue has grown by 7.5%, moving from $403K to $434K. Total assets increased by 146.1% over the same period, from $229K to $563K. Total functional expenses rose by 11.6%, from $212K to $236K. In its most recent filing year (2023), Honor Flight Nevada reported a surplus of $197K, with revenue exceeding expenses. The organization holds $117K in liabilities against $563K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $446K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $434K | $236K | $563K | $117K | — | View 990 |
| 2022 | $235K | $416K | $401K | $153K | — | View 990 |
| 2021 | $324K | $139K | $479K | $51K | — | View 990 |
| 2020 | $147K | $63K | $271K | $0 | — | View 990 |
| 2019 | $194K | $139K | $186K | $0 | — | View 990 |
| 2018 | $180K | $229K | $135K | $0 | — | View 990 |
| 2017 | $245K | $165K | $188K | $0 | — | View 990 |
| 2016 | $179K | $298K | $109K | $0 | — | View 990 |
| 2015 | $403K | $212K | $229K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $434K, expenses of $236K, and assets of $563K (revenue +84.3% year-over-year).
- 2022: Revenue of $235K, expenses of $416K, and assets of $401K (revenue -27.4% year-over-year).
- 2021: Revenue of $324K, expenses of $139K, and assets of $479K (revenue +119.7% year-over-year).
- 2020: Revenue of $147K, expenses of $63K, and assets of $271K (revenue -24.1% year-over-year).
- 2019: Revenue of $194K, expenses of $139K, and assets of $186K (revenue +8.0% year-over-year).
- 2018: Revenue of $180K, expenses of $229K, and assets of $135K (revenue -26.4% year-over-year).
- 2017: Revenue of $245K, expenses of $165K, and assets of $188K (revenue +36.9% year-over-year).
- 2016: Revenue of $179K, expenses of $298K, and assets of $109K (revenue -55.7% year-over-year).
- 2015: Revenue of $403K, expenses of $212K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Honor Flight Nevada:
Data Sources and Methodology
This transparency report for Honor Flight Nevada is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.