HONOR FLIGHT LONG ISLAND INC CO TOWN HALL

EIN: 263891965 501(c)(3) Public & Societal Benefit

SOUTHAMPTON, NY

Total Revenue
$182,103
Total Expenses
$93,403
Total Assets
$225,618
Net Assets
$225,618
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
JANET RUSSELL
Phone
6317022423
Tax Period
2022-07-01 to 2023-06-30

HONOR FLIGHT LONG ISLAND INC CO TOWN HALL, founded in 2008, is a small nonprofit in the Public & Societal Benefit sector that reported $182K in total revenue in fiscal year 2022. Revenue surged 128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 49% operating margin.

Mission

TO PROVIDE AN ALL EXPENSE PAID TRIP TO VISIT THE WAR MONUMENTS IN WASHINGTON D.C. FOR ANY VETERANs WHO LIVE ON LONG ISLAND N.Y.

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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 (2022)

Revenue Breakdown

Contributions & Grants $143,283
Program Service Revenue $0
Investment Income $0
Other Revenue $38,820
TOTAL REVENUE $182,103

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,211
Other Expenses $93,403
TOTAL EXPENSES $93,403

Year-over-Year Comparison

2022 2021 Change
Revenue $182,103 $79,753 +1.3%
Expenses $93,403 $9,411 +8.9%
Net Income $88,700 $70,342 +0.3%
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
16
Independent Members
16
Employees
N/A
Volunteers
14

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SAUL BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM DONAHUE BOARD MEMBER 1.00
Director
$0 $0 $0
RAY GEMINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
VIRGINIA BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN STENGEL BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF ROSENKING BOARD MEMBER 1.00
Director
$0 $0 $0
JIM KENNY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT GRISNIK BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE BOWDEN Secretary 1.00
Officer Director
$0 $0 $0
TED KILADITIS BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER KILFOIL Vice President 1.00
Officer Director
$0 $0 $0
LINDA GILBERT BOARD MEMBER 1.00
Director
$0 $0 $0
KIM SINGER BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM JONES President 2.00
Officer
$0 $0 $0
JANET RUSSELL Treasurer 3.00
Officer
$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
2023 $182,103 $93,403 $225,618 $88,700
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