FLYHALO INC (EIN 352422586) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Principal Officer

JEFFREY GUTOVICH

Phone

2143771711

Tax Period

2024-01-01 to 2024-12-31

FLYHALO INC, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $278K in total revenue in fiscal year 2024. Revenue surged 176% from the prior year, signaling strong growth momentum. Expenses of $253K left a modest 9% surplus.

Mission

TO HELP HUMANITY GET TO A BETTER PLACE BY PROVIDING HUMANITARIAN AID THROUGH AIR TRANSPORTATION AND SUPPORTING PARTNER ORGANIZATIONS AND INITIATIVES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,659

Program Service Revenue $0

Investment Income $1,401

Other Revenue $0

TOTAL REVENUE $278,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $244,956

Other Expenses $252,744

TOTAL EXPENSES $252,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$278,060	$100,805	+1.8%
Expenses	$252,744	$134,393	+0.9%
Net Income	$25,316	$-33,588	-1.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF GUTOVICH	PRESIDENT	5.00	Director	$0	$0	$0
DAVID JOHNSON	SECRETARY	1.00	Director	$0	$0	$0
SHANA GUTOVICH	TREASURER	1.00	Director	$0	$0	$0
MARK HESS	MEMBER-AT-LARGE	1.00	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	$278,060	$252,744	$3,020,160	$25,316

FLYHALO INC