FLIGHT4CF INC

EIN: 203960671 501(c)(3) Medical Research

GEORGETOWN, MA

Total Revenue
$234,561
Total Expenses
$259,478
Total Assets
$11,080
Net Assets
$-54,228
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
RICHARD E LITTLE
Phone
9787666869
Tax Period
2024-01-01 to 2024-12-31

FLIGHT4CF INC, founded in 2017, is a small nonprofit in the Medical Research sector that reported $235K in total revenue in fiscal year 2024. Expenses of $259K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO RAISE FUNDS TO AID IN THE RESEARCH FOR A CURE FOR CYSTIC FIBROSIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,978
Program Service Revenue $0
Investment Income $0
Other Revenue $193,583
TOTAL REVENUE $234,561

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,491
Other Expenses $258,478
TOTAL EXPENSES $259,478

Year-over-Year Comparison

2024 2023 Change
Revenue $234,561 N/A N/A
Expenses $259,478 N/A N/A
Net Income $-24,917 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD E LITTLE PRESIDENT 20.00
Director
$0 $0 $0
ALEX LAPOINTE VICE PRESIDENT 1.00
Director
$0 $0 $0
VICTOR THERIAULT TREASURER 20.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $234,561 $259,478 $11,080 $-24,917
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