Indy Honor Flight
EIN: 453946329 · Plainfield, IN · NTEE: W30
Is Indy Honor Flight Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indy Honor Flight
Indy Honor Flight (EIN: 453946329) is a nonprofit organization based in Plainfield, IN, classified under NTEE code W30. The organization reported total revenue of $551K and total assets of $821K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indy Honor Flight's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indy Honor Flight is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $775K |
| Total Expenses | $832K |
| Surplus / Deficit | $-57,141 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | -7.4% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Indy Honor Flight reported a deficit of $57K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Indy Honor Flight's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +12.7% | -75.7% |
| 2022 | +381.4% | +3732.7% | -89.8% |
| 2021 | -34.7% | -85.5% | +23.1% |
| 2020 | -54.8% | -66.1% | +22.1% |
| 2019 | +24.8% | +26.2% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indy Honor Flight 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 Indy Honor Flight 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 deficit of $57K, with expenses exceeding revenue.
Frequently Asked Questions about Indy Honor Flight
Is Indy Honor Flight a legitimate charity?
Based on AI analysis of IRS 990 filings, Indy Honor Flight (EIN: 453946329) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indy Honor Flight spend its money?
Detailed spending breakdown data is not yet available for Indy Honor Flight. Check back for updated IRS 990 analysis.
Are donations to Indy Honor Flight tax-deductible?
Indy Honor Flight is registered as a tax-exempt nonprofit (EIN: 453946329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Indy Honor Flight showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Indy Honor Flight's revenue has grown by 646.3%, moving from $104K to $775K. Total assets decreased by 22.1% over the same period, from $24K to $18K. Total functional expenses rose by 936.1%, from $80K to $832K. In its most recent filing year (2023), Indy Honor Flight reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $775K | $832K | $18K | $0 | — | — |
| 2022 | $759K | $738K | $75K | $0 | — | — |
| 2021 | $158K | $19K | $737K | $0 | — | — |
| 2020 | $241K | $133K | $598K | $0 | — | View 990 |
| 2019 | $534K | $393K | $490K | $0 | — | View 990 |
| 2018 | $428K | $311K | $349K | $0 | — | View 990 |
| 2017 | $360K | $325K | $203K | $0 | — | View 990 |
| 2016 | $426K | $430K | $168K | $0 | — | View 990 |
| 2015 | $496K | $495K | $172K | $0 | — | View 990 |
| 2014 | $440K | $331K | $171K | $0 | — | View 990 |
| 2013 | $174K | $108K | $79K | $0 | — | View 990 |
| 2012 | $104K | $80K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $775K, expenses of $832K, and assets of $18K (revenue +2.1% year-over-year).
- 2022: Revenue of $759K, expenses of $738K, and assets of $75K (revenue +381.4% year-over-year).
- 2021: Revenue of $158K, expenses of $19K, and assets of $737K (revenue -34.7% year-over-year).
- 2020: Revenue of $241K, expenses of $133K, and assets of $598K (revenue -54.8% year-over-year).
- 2019: Revenue of $534K, expenses of $393K, and assets of $490K (revenue +24.8% year-over-year).
- 2018: Revenue of $428K, expenses of $311K, and assets of $349K (revenue +18.9% year-over-year).
- 2017: Revenue of $360K, expenses of $325K, and assets of $203K (revenue -15.7% year-over-year).
- 2016: Revenue of $426K, expenses of $430K, and assets of $168K (revenue -14.1% year-over-year).
- 2015: Revenue of $496K, expenses of $495K, and assets of $172K (revenue +12.7% year-over-year).
- 2014: Revenue of $440K, expenses of $331K, and assets of $171K (revenue +152.9% year-over-year).
- 2013: Revenue of $174K, expenses of $108K, and assets of $79K (revenue +67.7% year-over-year).
- 2012: Revenue of $104K, expenses of $80K, and assets of $24K.
Data Sources and Methodology
This transparency report for Indy Honor Flight 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.